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Monarch Cement Co (Monarch Cement Co) Cyclically Adjusted PB Ratio : 4.72 (As of May. 27, 2024)


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What is Monarch Cement Co Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Monarch Cement Co's current share price is $193.50. Monarch Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $40.96. Monarch Cement Co's Cyclically Adjusted PB Ratio for today is 4.72.

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

MCEM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.84   Med: 1.84   Max: 4.72
Current: 4.72

During the past years, Monarch Cement Co's highest Cyclically Adjusted PB Ratio was 4.72. The lowest was 0.84. And the median was 1.84.

MCEM's Cyclically Adjusted PB Ratio is ranked worse than
87.79% of 303 companies
in the Building Materials industry
Industry Median: 1.09 vs MCEM: 4.72

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.

Monarch Cement Co's adjusted book value per share data for the three months ended in Sep. 2023 was $86.140. 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 $40.96 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monarch Cement Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Monarch Cement Co'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.

Monarch Cement Co Cyclically Adjusted PB Ratio Chart

Monarch Cement Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.00 1.09 1.63 2.30

Monarch Cement Co Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep22 Sep23
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 2.30 2.38 2.31 - 3.78

Competitive Comparison of Monarch Cement Co's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Monarch Cement Co'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.


Monarch Cement Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

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

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



Monarch Cement Co 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.

Monarch Cement Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=193.50/40.96
=4.72

* 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.

Monarch Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Monarch Cement Co's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=86.14/129.8595*129.8595
=86.140

Current CPI (Sep. 2023) = 129.8595.

Monarch Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
200903 24.158 89.744 34.957
200906 24.920 91.003 35.560
200909 26.388 91.120 37.607
200912 25.649 91.111 36.557
201003 24.750 91.821 35.003
201006 24.879 91.962 35.132
201009 25.053 92.162 35.301
201012 25.325 92.474 35.563
201103 24.549 94.283 33.812
201106 24.453 95.235 33.344
201109 23.794 95.727 32.278
201112 24.435 95.213 33.326
201203 24.457 96.783 32.815
201206 25.273 96.819 33.898
201209 25.831 97.633 34.357
201212 25.638 96.871 34.369
201303 25.063 98.209 33.140
201306 25.136 98.518 33.133
201309 25.486 98.790 33.501
201312 28.846 98.326 38.097
201403 28.619 99.695 37.278
201406 29.897 100.560 38.608
201409 31.140 100.428 40.266
201412 30.097 99.070 39.451
201503 30.215 99.621 39.386
201506 0.000 100.684 0.000
201509 33.033 100.392 42.729
201512 32.216 99.792 41.923
201603 32.704 100.470 42.270
201606 33.988 101.688 43.404
201609 35.574 101.861 45.352
201612 39.082 101.863 49.824
201703 39.407 102.862 49.750
201706 40.747 103.349 51.199
201709 42.796 104.136 53.368
201712 44.526 104.011 55.591
201803 43.018 105.290 53.057
201806 45.097 106.317 55.083
202209 0.000 125.227 0.000
202309 86.140 129.860 86.140

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.


Monarch Cement Co  (OTCPK:MCEM) 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.


Monarch Cement Co Cyclically Adjusted PB Ratio Related Terms

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


Monarch Cement Co (Monarch Cement Co) Business Description

Traded in Other Exchanges
N/A
Address
449 1200 Street, P.O. Box 1000, Humboldt, KS, USA, 66748-0900
Monarch Cement Co is principally engaged in the manufacture and sale of portland cement. The company's subsidiaries together are engaged in the ready-mixed concrete, concrete products, and sundry building materials business. Ready-mixed concrete is manufactured by combining aggregates with portland cement, water and chemical admixtures in batch plants. It is then loaded into mixer trucks and mixed in transit to the construction site where it is delivered to the contractor. The company groups its operations into two lines of business: Cement Business and Ready-Mixed Concrete Business, of which key revenue is derived from the Cement business segment.

Monarch Cement Co (Monarch Cement Co) Headlines

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