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Ciments du Maroc (CAS:CMA) Shiller PE Ratio : 25.24 (As of May. 13, 2024)


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What is Ciments du Maroc Shiller PE Ratio?

As of today (2024-05-13), Ciments du Maroc's current share price is MAD1763.00. Ciments du Maroc's E10 for the fiscal year that ended in Dec23 was MAD69.85. Ciments du Maroc's Shiller PE Ratio for today is 25.24.

The historical rank and industry rank for Ciments du Maroc's Shiller PE Ratio or its related term are showing as below:

CAS:CMA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.17   Med: 23.41   Max: 31.95
Current: 25.24

During the past 13 years, Ciments du Maroc's highest Shiller PE Ratio was 31.95. The lowest was 14.17. And the median was 23.41.

CAS:CMA's Shiller PE Ratio is ranked worse than
71.76% of 262 companies
in the Building Materials industry
Industry Median: 14.335 vs CAS:CMA: 25.24

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.

Ciments du Maroc's adjusted earnings per share data of for the fiscal year that ended in Dec23 was MAD67.000. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MAD69.85 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ciments du Maroc Shiller PE Ratio Historical Data

The historical data trend for Ciments du Maroc's Shiller PE 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.

Ciments du Maroc Shiller PE Ratio Chart

Ciments du Maroc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.03 28.09 29.74 18.72 24.05

Ciments du Maroc Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Shiller PE 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 29.74 - 18.72 - 24.05

Competitive Comparison of Ciments du Maroc's Shiller PE Ratio

For the Building Materials subindustry, Ciments du Maroc's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Ciments du Maroc's Shiller PE Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ciments du Maroc's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Ciments du Maroc's Shiller PE Ratio falls into.



Ciments du Maroc Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Ciments du Maroc's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1763.00/69.85
=25.24

* 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.

Ciments du Maroc's E10 for the fiscal year that ended in Dec23 is calculated as:

For example, Ciments du Maroc's adjusted earnings per share data for the fiscal year that ended in Dec23 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec23 (Change)*Current CPI (Dec23)
=67/129.4194*129.4194
=67.000

Current CPI (Dec23) = 129.4194.

Ciments du Maroc Annual Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 56.000 99.070 73.155
201512 75.000 99.792 97.266
201612 -9.000 101.863 -11.435
201712 68.000 104.011 84.611
201812 70.000 105.998 85.467
201912 74.000 108.420 88.333
202012 49.000 109.897 57.705
202112 83.000 117.630 91.319
202212 63.000 125.222 65.112
202312 67.000 129.419 67.000

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Ciments du Maroc  (CAS:CMA) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Ciments du Maroc Shiller PE Ratio Related Terms

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Ciments du Maroc (CAS:CMA) Business Description

Traded in Other Exchanges
N/A
Address
621. Boulevard Panoramique, Casablanca, MAR, 20150
Ciments du Maroc SA is a cement producer in Morocco and acts as an operator in ready-mixed concrete and aggregates. The product line of the company includes cement, concrete ready-to-use, aggregates, and others. It also offers its customers a Technical Assistance service including maturometry, MBE (Equivalent Concrete Mortar) tests, cement slurry tests or quick identification of cement. The company operates MyCimar portal which allows customers to consult the movements of their activity with the company.