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United States Lime & Minerals (United States Lime & Minerals) Cyclically Adjusted PB Ratio : 6.50 (As of Apr. 27, 2024)


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What is United States Lime & Minerals Cyclically Adjusted PB Ratio?

As of today (2024-04-27), United States Lime & Minerals's current share price is $307.44. United States Lime & Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $47.30. United States Lime & Minerals's Cyclically Adjusted PB Ratio for today is 6.50.

The historical rank and industry rank for United States Lime & Minerals's Cyclically Adjusted PB Ratio or its related term are showing as below:

USLM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.1   Med: 3.23   Max: 6.45
Current: 6.37

During the past years, United States Lime & Minerals's highest Cyclically Adjusted PB Ratio was 6.45. The lowest was 2.10. And the median was 3.23.

USLM's Cyclically Adjusted PB Ratio is ranked worse than
91.23% of 285 companies
in the Building Materials industry
Industry Median: 1.04 vs USLM: 6.37

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.

United States Lime & Minerals's adjusted book value per share data for the three months ended in Dec. 2023 was $68.910. 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 $47.30 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


United States Lime & Minerals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for United States Lime & Minerals'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.

United States Lime & Minerals Cyclically Adjusted PB Ratio Chart

United States Lime & Minerals 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 2.95 3.47 3.46 3.31 4.87

United States Lime & Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.31 3.47 4.61 4.32 4.87

Competitive Comparison of United States Lime & Minerals's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, United States Lime & Minerals'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.


United States Lime & Minerals's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, United States Lime & Minerals's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where United States Lime & Minerals's Cyclically Adjusted PB Ratio falls into.



United States Lime & Minerals 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.

United States Lime & Minerals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=307.44/47.3
=6.50

* 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.

United States Lime & Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, United States Lime & Minerals's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=68.91/129.4194*129.4194
=68.910

Current CPI (Dec. 2023) = 129.4194.

United States Lime & Minerals Quarterly Data

Book Value per Share CPI Adj_Book
201403 25.263 99.695 32.795
201406 26.222 100.560 33.748
201409 27.151 100.428 34.989
201412 27.646 99.070 36.115
201503 27.987 99.621 36.358
201506 28.512 100.684 36.649
201509 29.465 100.392 37.985
201512 29.725 99.792 38.550
201603 30.131 100.470 38.813
201606 30.696 101.688 39.067
201609 31.716 101.861 40.297
201612 32.227 101.863 40.945
201703 32.950 102.862 41.457
201706 33.863 103.349 42.405
201709 34.830 104.136 43.287
201712 36.725 104.011 45.696
201803 37.379 105.290 45.945
201806 38.422 106.317 46.771
201809 39.176 106.507 47.604
201812 39.763 105.998 48.549
201903 40.566 107.251 48.951
201906 41.537 108.070 49.743
201909 43.235 108.329 51.652
201912 38.616 108.420 46.095
202003 39.481 108.902 46.920
202006 40.445 108.767 48.124
202009 42.009 109.815 49.509
202012 43.057 109.897 50.706
202103 44.181 111.754 51.165
202106 46.057 114.631 51.999
202109 47.994 115.734 53.669
202112 49.101 117.630 54.022
202203 50.512 121.301 53.893
202206 52.201 125.017 54.039
202209 54.886 125.227 56.724
202212 56.509 125.222 58.403
202303 59.378 127.348 60.344
202306 62.747 128.729 63.084
202309 66.286 129.860 66.061
202312 68.910 129.419 68.910

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.


United States Lime & Minerals  (NAS:USLM) 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.


United States Lime & Minerals Cyclically Adjusted PB Ratio Related Terms

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


United States Lime & Minerals (United States Lime & Minerals) Business Description

Traded in Other Exchanges
Address
5429 LBJ Freeway, Suite 230, Dallas, TX, USA, 75240
United States Lime & Minerals Inc is engaged in the business of manufacturing lime and limestone products including PLS, quicklime, hydrated lime, and lime slurry. It supplies primarily to the construction (including highway, road, and building contractors), industrial (including paper and glass manufacturers), environmental (including municipal sanitation and water treatment facilities and flue gas treatment processes), metals (including steel producers), oil and gas services, roof shingle manufacturers and agriculture (including poultry and cattle feed producers) industries. The company operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma, and Texas.
Executives
Timothy Wade Stone other: Director - Sales & Marketing 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Sandra C Duhe director 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Timothy W Byrne director, officer: President & CEO 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Nathan O'neill officer: Vice President 5429 LBJ FRWY; STE 230, DALLAS TX 75240
Bill Hughes officer: Senior Vice President 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Hawkins Tom S Jr director 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75420
John J Gagnon officer: Vice President 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Inberdon Enterprises Ltd 10 percent owner 1020 789 WEST PENDER ST, VANCOUVER A1 00000
Edward A Odishaw director 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
George Michel Doumet 10 percent owner #2201 - 2077 NELSON STREET, VANCOUVER A1 V6G 2Y2
Richard W Cardin director 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Ray M Harlin director
Michael L Wiedemer officer: VP & CFO 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
M Michael Owens officer: Vice President 5429 LBJ FREEWAY STE 230, DALLAS TX 75240
David Leymeister officer: Vice President 5711 PRESTON OAKS ROAD, #1433, DALLAS TX 75254

United States Lime & Minerals (United States Lime & Minerals) Headlines

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