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Dangote Cement (NSA:DCP) Shiller PE Ratio : 35.19 (As of Apr. 25, 2024)


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What is Dangote Cement Shiller PE Ratio?

As of today (2024-04-25), Dangote Cement's current share price is ₦656.70. Dangote Cement's E10 for the quarter that ended in Dec. 2023 was ₦18.66. Dangote Cement's Shiller PE Ratio for today is 35.19.

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

NSA:DCP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 14.34   Med: 17.2   Max: 40.89
Current: 35.19

During the past years, Dangote Cement's highest Shiller PE Ratio was 40.89. The lowest was 14.34. And the median was 17.20.

NSA:DCP's Shiller PE Ratio is ranked worse than
80.77% of 260 companies
in the Building Materials industry
Industry Median: 14.095 vs NSA:DCP: 35.19

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.

Dangote Cement's adjusted earnings per share data for the three months ended in Dec. 2023 was ₦10.390. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is ₦18.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dangote Cement Shiller PE Ratio Historical Data

The historical data trend for Dangote Cement'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.

Dangote Cement Shiller PE Ratio Chart

Dangote Cement 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 - - 16.52 15.07 17.14

Dangote Cement Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 15.07 15.12 16.24 18.85 17.14

Competitive Comparison of Dangote Cement's Shiller PE Ratio

For the Building Materials subindustry, Dangote Cement'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.


Dangote Cement's Shiller PE Ratio Distribution in the Building Materials Industry

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

* The bar in red indicates where Dangote Cement's Shiller PE Ratio falls into.



Dangote Cement 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.

Dangote Cement's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=656.70/18.66
=35.19

* 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.

Dangote Cement's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Dangote Cement's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.39/129.4194*129.4194
=10.390

Current CPI (Dec. 2023) = 129.4194.

Dangote Cement Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 2.800 99.695 3.635
201406 2.830 100.560 3.642
201409 2.630 100.428 3.389
201412 1.160 99.070 1.515
201503 4.090 99.621 5.313
201506 3.140 100.684 4.036
201509 2.580 100.392 3.326
201512 1.060 99.792 1.375
201603 3.120 100.470 4.019
201606 3.110 101.688 3.958
201609 1.890 101.861 2.401
201612 0.650 101.863 0.826
201703 3.390 102.862 4.265
201706 3.020 103.349 3.782
201709 2.570 104.136 3.194
201712 2.640 104.011 3.285
201803 4.200 105.290 5.163
201806 2.400 106.317 2.922
201809 2.650 106.507 3.220
201812 13.580 105.998 16.581
201903 3.540 107.251 4.272
201906 3.470 108.070 4.156
201909 2.090 108.329 2.497
201912 2.690 108.420 3.211
202003 3.600 108.902 4.278
202006 3.850 108.767 4.581
202009 4.800 109.815 5.657
202012 3.890 109.897 4.581
202103 5.290 111.754 6.126
202106 5.920 114.631 6.684
202109 5.020 115.734 5.614
202112 5.010 117.630 5.512
202203 6.180 121.301 6.594
202206 3.920 125.017 4.058
202209 2.300 125.227 2.377
202212 9.860 125.222 10.191
202303 6.440 127.348 6.545
202306 3.950 128.729 3.971
202309 5.480 129.860 5.461
202312 10.390 129.419 10.390

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.


Dangote Cement  (NSA:DCP) 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.


Dangote Cement Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Dangote Cement's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Dangote Cement (NSA:DCP) Business Description

Traded in Other Exchanges
N/A
Address
1, Alfred Rewane Road, P.O. Box 40032, Falomo, Ikoyi, Union Marble House, Lagos, NGA
Dangote Cement PLC is a Nigerian cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.

Dangote Cement (NSA:DCP) Headlines

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