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Cemex Latam Holdings (BOG:CLH) Cyclically Adjusted PB Ratio : 0.41 (As of Jun. 13, 2024)


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What is Cemex Latam Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Cemex Latam Holdings's current share price is COP3795.00. Cemex Latam Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was COP9,200.91. Cemex Latam Holdings's Cyclically Adjusted PB Ratio for today is 0.41.

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

BOG:CLH's Cyclically Adjusted PB Ratio is not ranked *
in the Building Materials industry.
Industry Median: 1.07
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Cemex Latam Holdings's adjusted book value per share data for the three months ended in Mar. 2023 was COP9,115.515. 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 COP9,200.91 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cemex Latam Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cemex Latam Holdings'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.

Cemex Latam Holdings Cyclically Adjusted PB Ratio Chart

Cemex Latam Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.61

Cemex Latam Holdings Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.33 0.35 0.34 0.61 0.41

Competitive Comparison of Cemex Latam Holdings's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Cemex Latam Holdings'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.


Cemex Latam Holdings's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

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

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



Cemex Latam Holdings 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.

Cemex Latam Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3795.00/9200.91
=0.41

* 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.

Cemex Latam Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Cemex Latam Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=9115.515/127.3478*127.3478
=9,115.515

Current CPI (Mar. 2023) = 127.3478.

Cemex Latam Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201306 4,665.212 98.518 6,030.428
201309 4,899.828 98.790 6,316.250
201312 4,634.314 98.326 6,002.179
201403 4,563.817 99.695 5,829.730
201406 4,893.829 100.560 6,197.509
201409 4,955.886 100.428 6,284.327
201412 4,705.059 99.070 6,048.054
201503 6,169.325 99.621 7,886.381
201506 6,532.086 100.684 8,261.964
201509 7,293.546 100.392 9,251.949
201512 7,411.016 99.792 9,457.399
201603 7,963.613 100.470 10,094.004
201606 8,178.275 101.688 10,241.959
201609 7,867.873 101.861 9,836.506
201612 8,109.560 101.863 10,138.496
201703 7,875.043 102.862 9,749.640
201706 8,208.002 103.349 10,113.983
201709 8,166.978 104.136 9,987.427
201712 8,326.471 104.011 10,194.660
201803 8,212.207 105.290 9,932.676
201806 8,087.864 106.317 9,687.760
201809 8,431.438 106.507 10,081.291
201812 8,741.755 105.998 10,502.503
201903 8,507.912 107.251 10,102.180
201906 9,378.450 108.070 11,051.453
201909 9,232.751 108.329 10,853.660
201912 9,689.530 108.420 11,381.103
202003 9,028.550 108.902 10,557.853
202006 9,802.515 108.767 11,477.059
202009 8,725.037 109.815 10,118.065
202012 8,574.920 109.897 9,936.570
202103 8,620.866 111.754 9,823.759
202106 8,774.577 114.631 9,747.967
202109 8,800.217 115.734 9,683.286
202112 8,845.679 117.630 9,576.490
202203 8,934.655 121.301 9,380.044
202206 8,208.315 125.017 8,361.363
202209 9,571.899 125.227 9,734.044
202212 8,858.563 125.222 9,008.963
202303 9,115.515 127.348 9,115.515

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.


Cemex Latam Holdings  (BOG:CLH) 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.


Cemex Latam Holdings Cyclically Adjusted PB Ratio Related Terms

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Cemex Latam Holdings (BOG:CLH) Business Description

Traded in Other Exchanges
N/A
Address
Calle 99 Edificio 100 Piso 7, No. 9A - 54, Bogota, Cundinamarca, COL
Cemex Latam Holdings SA manufactures and sells cement, aggregates, ready-mix concrete, and mortar. The company's customers include the housing and commercial construction industries as well as the infrastructure building industry. The firm also owns a chain of hardware retail stores, which it uses to distribute its products. Cemex organizes itself into four segments based on product: Cement, Concrete, Aggregates, and Other products. The majority of revenue is derived from the cement segment. The company sells its products throughout Central America, Mexico, and South America. The majority of revenue comes from Colombia.

Cemex Latam Holdings (BOG:CLH) Headlines