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PPC (PPCLY) Cyclically Adjusted PB Ratio : 0.50 (As of Jun. 10, 2024)


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What is PPC Cyclically Adjusted PB Ratio?

As of today (2024-06-10), PPC's current share price is $0.3347. PPC's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was $0.67. PPC's Cyclically Adjusted PB Ratio for today is 0.50.

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

PPCLY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 1.76   Max: 12.13
Current: 0.61

During the past 13 years, PPC's highest Cyclically Adjusted PB Ratio was 12.13. The lowest was 0.12. And the median was 1.76.

PPCLY's Cyclically Adjusted PB Ratio is ranked better than
74.37% of 320 companies
in the Building Materials industry
Industry Median: 1.07 vs PPCLY: 0.61

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.

PPC's adjusted book value per share data of for the fiscal year that ended in Mar23 was $0.412. 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 $0.67 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


PPC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PPC'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.

PPC Cyclically Adjusted PB Ratio Chart

PPC Annual Data
Trend Sep13 Sep14 Sep15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.38 0.44 0.56 0.88 0.55

PPC Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 - 0.88 - 0.55 -

Competitive Comparison of PPC's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, PPC'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.


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

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

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



PPC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.3347/0.67
=0.50

* 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.

PPC's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, PPC's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.412/147.5864*147.5864
=0.412

Current CPI (Mar23) = 147.5864.

PPC Annual Data

Book Value per Share CPI Adj_Book
201309 0.399 91.343 0.645
201409 0.418 96.794 0.637
201509 0.490 101.154 0.715
201703 0.825 111.400 1.093
201803 0.841 115.542 1.074
201903 0.822 120.774 1.004
202003 0.619 125.679 0.727
202103 0.651 129.628 0.741
202203 0.638 137.594 0.684
202303 0.412 147.586 0.412

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.


PPC  (OTCPK:PPCLY) 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.


PPC Cyclically Adjusted PB Ratio Related Terms

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


PPC (PPCLY) Business Description

Traded in Other Exchanges
Address
148 Katherine Street (Corner Grayston Drive), PO Box 787416, Sandton, Johannesburg, GT, ZAF, 2146
PPC Ltd is a South Africa-based company that supplies cement and other related products in South Africa and several other African countries. Its production facilities span South Africa, Botswana, Zimbabwe, and Rwanda. The operating segments are South Africa and Botswana Cement, Zimbabwe, Rwanda, aggregates, ash and readymix and group services. The company generates the majority of its revenue from the South Africa and Botswana domestic market, where it marketed its cement products under the brand names OPC, SureRoad, IDM Best Build, Castle, and Spar Build-It. It also distributes cement products in Botswana, Zimbabwe, Mozambique, the Democratic Republic of the Congo, Rwanda, and Ethiopia under the brands OPC, Unicem, Botcem, and Surebuild PMC.

PPC (PPCLY) Headlines

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