GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » United Parcel Service Inc (NYSE:UPS) » Definitions » Cyclically Adjusted PB Ratio

United Parcel Service (United Parcel Service) Cyclically Adjusted PB Ratio : 16.66 (As of Apr. 27, 2024)


View and export this data going back to 1999. Start your Free Trial

What is United Parcel Service Cyclically Adjusted PB Ratio?

As of today (2024-04-27), United Parcel Service's current share price is $147.59. United Parcel Service's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.86. United Parcel Service's Cyclically Adjusted PB Ratio for today is 16.66.

The historical rank and industry rank for United Parcel Service's Cyclically Adjusted PB Ratio or its related term are showing as below:

UPS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.92   Med: 18.44   Max: 45.98
Current: 16.64

During the past years, United Parcel Service's highest Cyclically Adjusted PB Ratio was 45.98. The lowest was 6.92. And the median was 18.44.

UPS's Cyclically Adjusted PB Ratio is ranked worse than
99.13% of 687 companies
in the Transportation industry
Industry Median: 1.22 vs UPS: 16.64

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.

United Parcel Service's adjusted book value per share data for the three months ended in Mar. 2024 was $19.820. 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 $8.86 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Parcel Service Cyclically Adjusted PB Ratio Historical Data

The historical data trend for United Parcel Service's Cyclically Adjusted PB Ratio 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.

United Parcel Service Cyclically Adjusted PB Ratio Chart

United Parcel Service Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.65 35.94 40.29 25.81 18.32

United Parcel Service Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 26.59 22.88 18.70 18.32 16.78

Competitive Comparison of United Parcel Service's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, United Parcel Service'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.


United Parcel Service's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, United Parcel Service's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where United Parcel Service's Cyclically Adjusted PB Ratio falls into.



United Parcel Service Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

United Parcel Service's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=147.59/8.86
=16.66

* 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.

United Parcel Service's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, United Parcel Service's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=19.82/129.4194*129.4194
=19.820

Current CPI (Mar. 2024) = 129.4194.

United Parcel Service Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.092 100.560 7.840
201409 6.197 100.428 7.986
201412 2.366 99.070 3.091
201503 2.030 99.621 2.637
201506 2.176 100.684 2.797
201509 2.165 100.392 2.791
201512 2.788 99.792 3.616
201603 2.779 100.470 3.580
201606 2.987 101.688 3.802
201609 3.142 101.861 3.992
201612 0.466 101.863 0.592
201703 0.616 102.862 0.775
201706 1.438 103.349 1.801
201709 1.751 104.136 2.176
201712 1.157 104.011 1.440
201803 1.560 105.290 1.918
201806 2.707 106.317 3.295
201809 3.607 106.507 4.383
201812 3.521 105.998 4.299
201903 4.031 107.251 4.864
201906 5.130 108.070 6.143
201909 6.477 108.329 7.738
201912 3.812 108.420 4.550
202003 3.833 108.902 4.555
202006 5.058 108.767 6.018
202009 6.475 109.815 7.631
202012 0.760 109.897 0.895
202103 8.219 111.754 9.518
202106 12.395 114.631 13.994
202109 13.861 115.734 15.500
202112 16.388 117.630 18.031
202203 17.645 121.301 18.826
202206 18.727 125.017 19.386
202209 19.621 125.227 20.278
202212 23.039 125.222 23.811
202303 23.333 127.348 23.713
202306 23.420 128.729 23.546
202309 22.503 129.860 22.427
202312 20.274 129.419 20.274
202403 19.820 129.419 19.820

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


United Parcel Service  (NYSE:UPS) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


United Parcel Service Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of United Parcel Service's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


United Parcel Service (United Parcel Service) Business Description

Address
55 Glenlake Parkway, N.E. Atlanta, Atlanta, GA, USA, 30328
As the world's largest parcel delivery company, UPS manages a massive fleet of more than 500 planes and 100,000 vehicles, along with many hundreds of sorting facilities, to deliver an average of about 25 million packages per day to residences and businesses across the globe. UPS' domestic U.S. package operations generate around 64% of total revenue while international package makes up 20%. Air and ocean freight forwarding, truckload brokerage, and contract logistics make up the remainder.
Executives
Nando Cesarone officer: President, UPS International 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Laura J Lane officer: Chief Corp Affairs & Comms Off 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Brian Newman officer: Chief Financial Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Brothers Norman M. Jr officer: Sr VP, Gen Counsel & Sec 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Darrell L Ford officer: Chief Human Resources Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kathleen M. Gutmann officer: Senior Vice President 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kevin M Warren officer: Chief Marketing Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Bala Subramanian officer: Chief Digital & Tech Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Philippe R Gilbert officer: Pres, Supply Chain Solutions 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Juan R. Perez officer: Senior Vice President 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Scott A. Price officer: Chief Transformation Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Russell Stokes director ONE FINANCIAL CENTER, SUITE 3700, BOSTON MA 02111
Wayne M. Hewett director 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Charlene A Thomas officer: Chief Human Resources Officer 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Kathleen E Johnson director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328