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Sprouts Farmers Market (Sprouts Farmers Market) Cyclically Adjusted Book per Share : $7.42 (As of Dec. 2023)


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What is Sprouts Farmers Market Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Sprouts Farmers Market's adjusted book value per share for the three months ended in Dec. 2023 was $11.348. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $7.42 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Sprouts Farmers Market's average Cyclically Adjusted Book Growth Rate was 15.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-04-27), Sprouts Farmers Market's current stock price is $66.98. Sprouts Farmers Market's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $7.42. Sprouts Farmers Market's Cyclically Adjusted PB Ratio of today is 9.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sprouts Farmers Market was 8.88. The lowest was 4.00. And the median was 5.19.


Sprouts Farmers Market Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sprouts Farmers Market's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Sprouts Farmers Market Cyclically Adjusted Book per Share Chart

Sprouts Farmers Market Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 5.61 6.41 7.42

Sprouts Farmers Market Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.41 6.74 7.05 7.28 7.42

Competitive Comparison of Sprouts Farmers Market's Cyclically Adjusted Book per Share

For the Grocery Stores subindustry, Sprouts Farmers Market's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Sprouts Farmers Market's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sprouts Farmers Market's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sprouts Farmers Market's Cyclically Adjusted PB Ratio falls into.



Sprouts Farmers Market Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Sprouts Farmers Market's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=11.348/129.4194*129.4194
=11.348

Current CPI (Dec. 2023) = 129.4194.

Sprouts Farmers Market Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.798 99.695 4.930
201406 4.085 100.560 5.257
201409 4.319 100.428 5.566
201412 4.514 99.070 5.897
201503 4.839 99.621 6.286
201506 5.091 100.684 6.544
201509 5.317 100.392 6.854
201512 5.394 99.792 6.995
201603 5.427 100.470 6.991
201606 5.351 101.688 6.810
201609 5.226 101.861 6.640
201612 4.798 101.863 6.096
201703 4.691 102.862 5.902
201706 4.788 103.349 5.996
201709 4.634 104.136 5.759
201712 4.899 104.011 6.096
201803 4.918 105.290 6.045
201806 4.712 106.317 5.736
201809 5.026 106.507 6.107
201812 4.714 105.998 5.756
201903 4.621 107.251 5.576
201906 4.501 108.070 5.390
201909 4.740 108.329 5.663
201912 4.951 108.420 5.910
202003 5.694 108.902 6.767
202006 6.302 108.767 7.499
202009 6.850 109.815 8.073
202012 7.472 109.897 8.799
202103 8.180 111.754 9.473
202106 8.240 114.631 9.303
202109 8.555 115.734 9.567
202112 8.639 117.630 9.505
202203 9.179 121.301 9.793
202206 9.389 125.017 9.720
202209 9.774 125.227 10.101
202212 9.959 125.222 10.293
202303 10.157 127.348 10.322
202306 10.522 128.729 10.578
202309 10.972 129.860 10.935
202312 11.348 129.419 11.348

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Sprouts Farmers Market  (NAS:SFM) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Sprouts Farmers Market's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=66.98/7.42
=9.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sprouts Farmers Market was 8.88. The lowest was 4.00. And the median was 5.19.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Sprouts Farmers Market Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Sprouts Farmers Market's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sprouts Farmers Market (Sprouts Farmers Market) Business Description

Traded in Other Exchanges
Address
5455 East High Street, Suite 111, Phoenix, AZ, USA, 85054
Sprouts Farmers Market is an American specialty grocer offering an assortment highlighting fresh and naturally derived products. Its offerings are especially focused on produce, which constituted around 20% of sales in fiscal 2022. Founded in 2002, the chain is most heavily concentrated in California, which accounted for over one third of its 386 stores as of the end of fiscal 2022. All of the company's operations are in the United States, with its stores largely located in the southern half of the country. Private-label products accounted for nearly 20% of sales in fiscal 2022.
Executives
Brandon F. Lombardi officer: Chief Legal Officer 11811 N. TATUM BOULEVARD SUITE 2400, PHOENIX AZ 85028
David Mcglinchey officer: Chief Merchandising Officer 5455 E. HIGH STREET, SUITE 111, PHOENIX AZ 85054
Douglas Gregory Rauch director 54 WILDE ROAD, WABAN MA 02468
Joseph L Hurley officer: Chief Supply Chain Officer 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Jack Sinclair director, officer: Chief Executive Officer 800 WEST 1ST STREET, APT. 2308, LOS ANGELES CA 90012
Lawrence Molloy director 19601 N 27TH AVENUE, PHOENIX AZ 85027
Stacy W. Hilgendorf officer: VP, Controller 14624 N. SCOTTSDALE ROAD, SUITE 300, SCOTTSDALE AZ 85254
James H Bahrenburg officer: Chief Technology Officer 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Kim Coffin officer: SVP, Chief Forager 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
John Scott Neal officer: Chief Fresh Merchandising Off. 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Timmi Zalatoris officer: Chief Human Resources Officer 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Nicholas Konat officer: President & COO 10850 VIA FRONTERA, SAN DIEGO CA 92127
Dan J Sanders officer: Chief Operations Officer 5455 E. HIGH STREET, SUITE 111, PHOENIX AZ 85054
Alisa Gmelich officer: SVP, Chief Marketing Officer 5455 EAST HIGH STREET, SUITE 111, PHOENIX AZ 85054
Hari K. Avula director 5455 EAST HIGHT STREET, SUITE 111, PHOENIX AZ 85054