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Cementos PacasmayoA (LIM:CPAC) Cyclically Adjusted Book per Share : $4.44 (As of Mar. 2024)


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What is Cementos PacasmayoA Cyclically Adjusted Book per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Cementos PacasmayoA's adjusted book value per share for the three months ended in Mar. 2024 was $3.870. 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 $4.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Cementos PacasmayoA's average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Cementos PacasmayoA was 3.90% per year. The lowest was 3.90% per year. And the median was 3.90% per year.

As of today (2024-05-24), Cementos PacasmayoA's current stock price is $5.64. Cementos PacasmayoA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.44. Cementos PacasmayoA's Cyclically Adjusted PB Ratio of today is 1.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cementos PacasmayoA was 1.78. The lowest was 0.89. And the median was 1.21.


Cementos PacasmayoA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cementos PacasmayoA's Cyclically Adjusted Book per Share 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.

Cementos PacasmayoA Cyclically Adjusted Book per Share Chart

Cementos PacasmayoA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.26 4.53 5.11 5.00

Cementos PacasmayoA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 5.21 5.29 5.48 5.00 4.44

Competitive Comparison of Cementos PacasmayoA's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Cementos PacasmayoA'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.


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

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

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



Cementos PacasmayoA Cyclically Adjusted Book per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Cementos PacasmayoA'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)
=3.87/131.7762*131.7762
=3.870

Current CPI (Mar. 2024) = 131.7762.

Cementos PacasmayoA Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.317 100.560 5.657
201409 4.402 100.428 5.776
201412 4.281 99.070 5.694
201503 4.385 99.621 5.800
201506 4.477 100.684 5.860
201509 4.865 100.392 6.386
201512 4.678 99.792 6.177
201603 4.774 100.470 6.262
201606 4.813 101.688 6.237
201609 4.470 101.861 5.783
201612 4.496 101.863 5.816
201703 5.032 102.862 6.446
201706 5.079 103.349 6.476
201709 5.124 104.136 6.484
201712 4.705 104.011 5.961
201803 4.800 105.290 6.007
201806 4.875 106.317 6.042
201809 4.472 106.507 5.533
201812 4.532 105.998 5.634
201903 4.609 107.251 5.663
201906 4.719 108.070 5.754
201909 4.841 108.329 5.889
201912 4.439 108.420 5.395
202003 4.483 108.902 5.425
202006 4.335 108.767 5.252
202009 4.470 109.815 5.364
202012 4.270 109.897 5.120
202103 4.383 111.754 5.168
202106 3.414 114.631 3.925
202109 3.574 115.734 4.069
202112 3.734 117.630 4.183
202203 3.881 121.301 4.216
202206 4.028 125.017 4.246
202209 0.000 125.227 0.000
202212 3.732 125.222 3.927
202303 3.873 127.348 4.008
202306 4.008 128.729 4.103
202309 4.152 129.860 4.213
202312 3.716 129.419 3.784
202403 3.870 131.776 3.870

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


Cementos PacasmayoA  (LIM:CPAC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Cementos PacasmayoA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.64/4.44
=1.27

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cementos PacasmayoA was 1.78. The lowest was 0.89. And the median was 1.21.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Cementos PacasmayoA Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Cementos PacasmayoA's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Cementos PacasmayoA (LIM:CPAC) Business Description

Traded in Other Exchanges
Address
Calle La Colonia No. 150, Urbanizacion El Vivero, Surco, Lima, PER
Cementos Pacasmayo SAA is a Peruvian cement company that primarily produces, distributes, and sells cement and cement-related materials, such as concrete blocks and ready-mix concrete. The company's products are primarily used in construction. It also produces and sells quicklime for use in mining operations. The company sells its products mainly in the northern part of Peru. It owns three cement production facilities. Its flagship Pacasmayo facility is located in the northwest region of Peru, while its new cement plant in Piura and smaller Rioja facility are located in the northeast region of Peru.