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Cemacon (BSE:CEON) Cyclically Adjusted PB Ratio : 1.85 (As of May. 26, 2024)


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What is Cemacon Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Cemacon's current share price is lei0.425. Cemacon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was lei0.23. Cemacon's Cyclically Adjusted PB Ratio for today is 1.85.

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

BSE:CEON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.81   Med: 2.48   Max: 3.33
Current: 1.81

During the past years, Cemacon's highest Cyclically Adjusted PB Ratio was 3.33. The lowest was 1.81. And the median was 2.48.

BSE:CEON's Cyclically Adjusted PB Ratio is ranked worse than
68.87% of 302 companies
in the Building Materials industry
Industry Median: 1.09 vs BSE:CEON: 1.81

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.

Cemacon's adjusted book value per share data for the three months ended in Mar. 2024 was lei0.428. 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 lei0.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cemacon Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cemacon'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.

Cemacon Cyclically Adjusted PB Ratio Chart

Cemacon 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 - - 3.31 2.43 1.93

Cemacon 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 2.43 2.32 2.08 1.93 1.86

Competitive Comparison of Cemacon's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Cemacon'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.


Cemacon's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cemacon's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cemacon 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.

Cemacon's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.425/0.23
=1.85

* 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.

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

For example, Cemacon'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)
=0.428/131.7762*131.7762
=0.428

Current CPI (Mar. 2024) = 131.7762.

Cemacon Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.005 100.560 0.007
201409 0.260 100.428 0.341
201412 0.030 99.070 0.040
201503 0.043 99.621 0.057
201506 0.049 100.684 0.064
201509 0.109 100.392 0.143
201512 0.102 99.792 0.135
201603 0.102 100.470 0.134
201606 0.104 101.688 0.135
201609 0.111 101.861 0.144
201612 0.114 101.863 0.147
201703 0.114 102.862 0.146
201706 0.120 103.349 0.153
201709 0.130 104.136 0.165
201712 0.130 104.011 0.165
201803 0.136 105.290 0.170
201806 0.144 106.317 0.178
201809 0.000 106.507 0.000
201812 0.147 105.998 0.183
201903 0.162 107.251 0.199
201906 0.152 108.070 0.185
201909 0.162 108.329 0.197
201912 0.189 108.420 0.230
202003 0.201 108.902 0.243
202006 0.200 108.767 0.242
202009 0.214 109.815 0.257
202012 0.220 109.897 0.264
202103 0.222 111.754 0.262
202106 0.239 114.631 0.275
202109 0.261 115.734 0.297
202112 0.275 117.630 0.308
202203 0.297 121.301 0.323
202206 0.335 125.017 0.353
202209 0.389 125.227 0.409
202212 0.397 125.222 0.418
202303 0.414 127.348 0.428
202306 0.431 128.729 0.441
202309 0.435 129.860 0.441
202312 0.432 129.419 0.440
202403 0.428 131.776 0.428

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.


Cemacon  (BSE:CEON) 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.


Cemacon Cyclically Adjusted PB Ratio Related Terms

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


Cemacon (BSE:CEON) Business Description

Traded in Other Exchanges
N/A
Address
No. 178K, Calea Turzii Street, Hexagon Offices, 1st Floor, Cluj county, Cluj-Napoca, ROU
Cemacon SA is engaged in manufacturing and selling baked clay masonry elements, with use in construction and civil engineering. The company's products are exterior and interior load-bearing masonry, exterior and interior non-bearing masonry, ventilation element, cemacon lintel, chimney system and others.

Cemacon (BSE:CEON) Headlines

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