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NemakB de CV (NemakB de CV) Cyclically Adjusted PB Ratio : 0.19 (As of Jun. 10, 2024)


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What is NemakB de CV Cyclically Adjusted PB Ratio?

As of today (2024-06-10), NemakB de CV's current share price is $0.1674. NemakB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.88. NemakB de CV's Cyclically Adjusted PB Ratio for today is 0.19.

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

NMAKF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.27   Max: 0.33
Current: 0.21

During the past years, NemakB de CV's highest Cyclically Adjusted PB Ratio was 0.33. The lowest was 0.20. And the median was 0.27.

NMAKF's Cyclically Adjusted PB Ratio is ranked better than
96% of 1001 companies
in the Vehicles & Parts industry
Industry Median: 1.28 vs NMAKF: 0.21

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.

NemakB de CV's adjusted book value per share data for the three months ended in Mar. 2024 was $0.583. 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 $0.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NemakB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NemakB de CV'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.

NemakB de CV Cyclically Adjusted PB Ratio Chart

NemakB de CV 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 - - - - 0.30

NemakB de CV 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 - - 0.25 0.30 0.24

Competitive Comparison of NemakB de CV's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, NemakB de CV'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.


NemakB de CV's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NemakB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NemakB de CV 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.

NemakB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1674/0.88
=0.19

* 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.

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

For example, NemakB de CV'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)
=0.583/152.9470*152.9470
=0.583

Current CPI (Mar. 2024) = 152.9470.

NemakB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 96.609 0.000
201409 0.000 97.652 0.000
201412 0.482 99.469 0.741
201503 0.000 99.973 0.000
201506 0.252 99.382 0.388
201509 0.501 100.112 0.765
201512 0.525 101.588 0.790
201603 0.570 102.573 0.850
201606 0.596 101.905 0.895
201609 0.594 103.084 0.881
201612 0.581 105.002 0.846
201703 0.602 108.063 0.852
201706 0.621 108.339 0.877
201709 0.634 109.628 0.885
201712 0.635 112.114 0.866
201803 0.633 113.505 0.853
201806 0.608 113.373 0.820
201809 0.606 115.130 0.805
201812 0.597 117.530 0.777
201903 0.599 118.050 0.776
201906 0.610 117.848 0.792
201909 0.577 118.581 0.744
201912 0.582 120.854 0.737
202003 0.540 121.885 0.678
202006 0.524 121.777 0.658
202009 0.562 123.341 0.697
202012 0.583 124.661 0.715
202103 0.580 127.574 0.695
202106 0.597 128.936 0.708
202109 0.575 130.742 0.673
202112 0.565 133.830 0.646
202203 0.566 137.082 0.632
202206 0.560 139.233 0.615
202209 0.525 142.116 0.565
202212 0.566 144.291 0.600
202303 0.566 146.472 0.591
202306 0.573 146.272 0.599
202309 0.568 148.446 0.585
202312 0.583 151.017 0.590
202403 0.583 152.947 0.583

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.


NemakB de CV  (OTCPK:NMAKF) 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.


NemakB de CV Cyclically Adjusted PB Ratio Related Terms

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NemakB de CV (NemakB de CV) Business Description

Traded in Other Exchanges
Address
Libramiento Arco Vial Km. 3.8, Garcia, Mexico, NL, MEX, 66000
Nemak SAB de CV is a Mexican company that is active in the automotive industry. The company is engaged in the production of complex aluminum components for powertrain and body structure applications. Its product portfolio includes cylinder heads, engine blocks, transmission parts, structural parts, cargo floor reinforcement, reinforcement side members, transmission housing, shock tower, cross member, support bracket, frame rail, and other components. The company has business operations in Canada, the United States, Mexico, Brazil, Spain, Germany, Poland, Russia, India, China, and others. Nemak earns nearly half of its revenue from North America.