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Cematrix (Cematrix) Cyclically Adjusted PB Ratio : 2.63 (As of May. 23, 2024)


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What is Cematrix Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Cematrix's current share price is $0.3159. Cematrix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.12. Cematrix's Cyclically Adjusted PB Ratio for today is 2.63.

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

CTXXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 2.18   Max: 7.09
Current: 2.46

During the past years, Cematrix's highest Cyclically Adjusted PB Ratio was 7.09. The lowest was 0.93. And the median was 2.18.

CTXXF's Cyclically Adjusted PB Ratio is ranked worse than
76.59% of 299 companies
in the Building Materials industry
Industry Median: 1.09 vs CTXXF: 2.46

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.

Cematrix's adjusted book value per share data for the three months ended in Mar. 2024 was $0.162. 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 $0.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cematrix Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cematrix'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.

Cematrix Cyclically Adjusted PB Ratio Chart

Cematrix 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 3.07 6.27 2.47 1.46 1.71

Cematrix 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 1.17 1.37 1.25 1.71 2.00

Competitive Comparison of Cematrix's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Cematrix'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.


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

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

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



Cematrix 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.3159/0.12
=2.63

* 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.

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

For example, Cematrix'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)
=0.162/126.2576*126.2576
=0.162

Current CPI (Mar. 2024) = 126.2576.

Cematrix Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.089 99.473 0.113
201409 0.076 99.394 0.097
201412 0.094 98.367 0.121
201503 0.087 99.789 0.110
201506 0.088 100.500 0.111
201509 0.100 100.421 0.126
201512 0.117 99.947 0.148
201603 0.121 101.054 0.151
201606 0.122 102.002 0.151
201609 0.112 101.765 0.139
201612 0.099 101.449 0.123
201703 0.099 102.634 0.122
201706 0.093 103.029 0.114
201709 0.098 103.345 0.120
201712 0.077 103.345 0.094
201803 0.069 105.004 0.083
201806 0.066 105.557 0.079
201809 0.071 105.636 0.085
201812 0.079 105.399 0.095
201903 0.064 106.979 0.076
201906 0.067 107.690 0.079
201909 0.082 107.611 0.096
201912 0.097 107.769 0.114
202003 0.088 107.927 0.103
202006 0.095 108.401 0.111
202009 0.100 108.164 0.117
202012 0.008 108.559 0.009
202103 0.173 110.298 0.198
202106 0.199 111.720 0.225
202109 0.000 112.905 0.000
202112 0.184 113.774 0.204
202203 0.174 117.646 0.187
202206 0.164 120.806 0.171
202209 0.162 120.648 0.170
202212 0.152 120.964 0.159
202303 0.143 122.702 0.147
202306 0.139 124.203 0.141
202309 0.149 125.230 0.150
202312 0.158 125.072 0.159
202403 0.162 126.258 0.162

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.


Cematrix  (OTCPK:CTXXF) 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.


Cematrix Cyclically Adjusted PB Ratio Related Terms

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


Cematrix (Cematrix) Business Description

Traded in Other Exchanges
Address
9727 - 40 Street SE, Calgary, AB, CAN, T2C 2P4
Cematrix Corp manufactures and supplies technologically advanced cellular concrete products developed from proprietary formulations across North America. This unique cement-based material with superior thermal protection delivers cost-effective, innovative solutions to a broad range of problems facing the infrastructure, industrial (including oil and gas), and commercial markets. The company is North America's Cellular Concrete company and recently acquired Chicago-based MixOnSite and Bellingham-based Pacific International Grout.