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Comcm Constanta (BSE:CMCM) Cyclically Adjusted PB Ratio : 0.80 (As of Jun. 11, 2024)


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What is Comcm Constanta Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Comcm Constanta's current share price is lei0.368. Comcm Constanta's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 was lei0.46. Comcm Constanta's Cyclically Adjusted PB Ratio for today is 0.80.

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

BSE:CMCM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.49   Max: 6.43
Current: 0.81

During the past years, Comcm Constanta's highest Cyclically Adjusted PB Ratio was 6.43. The lowest was 0.36. And the median was 0.49.

BSE:CMCM's Cyclically Adjusted PB Ratio is ranked better than
62.9% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs BSE:CMCM: 0.81

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.

Comcm Constanta's adjusted book value per share data for the three months ended in Mar. 2023 was lei0.346. 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 lei0.46 for the trailing ten years ended in Mar. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Comcm Constanta Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Comcm Constanta'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.

Comcm Constanta Cyclically Adjusted PB Ratio Chart

Comcm Constanta 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 - - 0.38 0.64 -

Comcm Constanta Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 0.49 0.61 0.64 0.69 -

Competitive Comparison of Comcm Constanta's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Comcm Constanta'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.


Comcm Constanta's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Comcm Constanta's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Comcm Constanta 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.

Comcm Constanta's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.368/0.46
=0.80

* 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.

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

For example, Comcm Constanta'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)
=0.346/127.3478*127.3478
=0.346

Current CPI (Mar. 2023) = 127.3478.

Comcm Constanta Quarterly Data

Book Value per Share CPI Adj_Book
201306 0.000 98.518 0.000
201309 1.121 98.790 1.445
201312 0.420 98.326 0.544
201403 0.417 99.695 0.533
201406 0.373 100.560 0.472
201409 0.413 100.428 0.524
201412 0.412 99.070 0.530
201503 0.000 99.621 0.000
201506 0.358 100.684 0.453
201509 0.399 100.392 0.506
201512 0.395 99.792 0.504
201603 0.391 100.470 0.496
201606 0.391 101.688 0.490
201609 0.389 101.861 0.486
201612 0.386 101.863 0.483
201703 0.382 102.862 0.473
201706 0.000 103.349 0.000
201709 0.376 104.136 0.460
201712 0.371 104.011 0.454
201803 0.368 105.290 0.445
201806 0.366 106.317 0.438
201809 0.367 106.507 0.439
201812 0.366 105.998 0.440
201903 0.000 107.251 0.000
201906 0.363 108.070 0.428
201909 0.363 108.329 0.427
201912 0.345 108.420 0.405
202003 0.343 108.902 0.401
202006 0.341 108.767 0.399
202009 0.339 109.815 0.393
202012 0.335 109.897 0.388
202103 0.335 111.754 0.382
202106 0.335 114.631 0.372
202109 0.334 115.734 0.368
202112 0.328 117.630 0.355
202203 0.323 121.301 0.339
202206 0.322 125.017 0.328
202209 0.321 125.227 0.326
202212 0.310 125.222 0.315
202303 0.346 127.348 0.346

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.


Comcm Constanta  (BSE:CMCM) 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.


Comcm Constanta Cyclically Adjusted PB Ratio Related Terms

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


Comcm Constanta (BSE:CMCM) Business Description

Traded in Other Exchanges
N/A
Address
Bulevardul Aurel Vlaicu 144, Constanta, ROU, 900498
Comcm SA Constanta is engaged in the manufacture of concrete, and as auxiliary activities: industrial production for constructions, civil constructions of quarry products, rebars, and prefabricated products. As civil engineering and industrial construction activities. Its main activity is the rental of machinery, but also the extraction and sorting of sand.