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CemexB de CV (BUE:CX) Cyclically Adjusted PB Ratio : 0.88 (As of May. 21, 2024)


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What is CemexB de CV Cyclically Adjusted PB Ratio?

As of today (2024-05-21), CemexB de CV's current share price is ARS8941.00. CemexB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS10,139.00. CemexB de CV's Cyclically Adjusted PB Ratio for today is 0.88.

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

BUE:CX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.78   Max: 1.21
Current: 0.84

During the past years, CemexB de CV's highest Cyclically Adjusted PB Ratio was 1.21. The lowest was 0.29. And the median was 0.78.

BUE:CX's Cyclically Adjusted PB Ratio is ranked better than
63.88% of 299 companies
in the Building Materials industry
Industry Median: 1.09 vs BUE:CX: 0.84

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.

CemexB de CV's adjusted book value per share data for the three months ended in Mar. 2024 was ARS6,830.965. 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 ARS10,139.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CemexB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CemexB de CV'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.

CemexB de CV Cyclically Adjusted PB Ratio Chart

CemexB de CV 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 0.48 0.72 0.97 0.52 0.86

CemexB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.65 0.80 0.74 0.86 0.94

Competitive Comparison of CemexB de CV's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, CemexB de CV'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.


CemexB de CV's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

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

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



CemexB de CV 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.

CemexB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8941.00/10139
=0.88

* 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.

CemexB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CemexB de CV's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6830.965/152.9470*152.9470
=6,830.965

Current CPI (Mar. 2024) = 152.9470.

CemexB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 66.267 96.609 104.911
201409 65.148 97.652 102.038
201412 57.967 99.469 89.132
201503 56.640 99.973 86.653
201506 60.669 99.382 93.368
201509 55.288 100.112 84.467
201512 76.774 101.588 115.588
201603 88.741 102.573 132.322
201606 85.374 101.905 128.136
201609 90.499 103.084 134.275
201612 91.297 105.002 132.984
201703 94.871 108.063 134.275
201706 101.876 108.339 143.824
201709 110.592 109.628 154.293
201712 114.098 112.114 155.654
201803 126.491 113.505 170.446
201806 157.054 113.373 211.876
201809 240.925 115.130 320.061
201812 238.300 117.530 310.112
201903 238.483 118.050 308.982
201906 283.223 117.848 367.577
201909 359.449 118.581 463.619
201912 368.800 120.854 466.736
202003 360.901 121.885 452.874
202006 398.422 121.777 500.402
202009 373.141 123.341 462.707
202012 446.156 124.661 547.391
202103 531.159 127.574 636.803
202106 642.470 128.936 762.115
202109 633.274 130.742 740.830
202112 673.792 133.830 770.041
202203 0.000 137.082 0.000
202206 839.477 139.233 922.163
202209 1,006.607 142.116 1,083.324
202212 1,195.256 144.291 1,266.956
202303 1,354.433 146.472 1,414.312
202306 2,011.698 146.272 2,103.502
202309 2,935.405 148.446 3,024.403
202312 2,927.155 151.017 2,964.570
202403 6,830.965 152.947 6,830.965

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.


CemexB de CV  (BUE:CX) 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.


CemexB de CV Cyclically Adjusted PB Ratio Related Terms

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


CemexB de CV (BUE:CX) Business Description

Traded in Other Exchanges
Address
Avenida Ricardo Margain Zozaya No.325, Colonia Valle del Campestre, San Pedro Garza Garcia, NL, MEX, 66265
Cemex SAB de CV is a ready-mix concrete company and one of the aggregates companies in the world. In 2021, the company sold roughly 67 million tons of cement, 49.2 million cubic meters of ready-mix, and 135 million tons of aggregates. As of Dec. 31, 2021, the company had an annual cement production capacity of roughly 88.5 million tons.