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Ciments du Maroc (CAS:CMA) Cyclically Adjusted PB Ratio : 5.35 (As of Jun. 25, 2025)


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What is Ciments du Maroc Cyclically Adjusted PB Ratio?

As of today (2025-06-25), Ciments du Maroc's current share price is MAD1993.00. Ciments du Maroc's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was MAD372.46. Ciments du Maroc's Cyclically Adjusted PB Ratio for today is 5.35.

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

CAS:CMA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.69   Med: 3.8   Max: 5.45
Current: 5.14

During the past 13 years, Ciments du Maroc's highest Cyclically Adjusted PB Ratio was 5.45. The lowest was 2.69. And the median was 3.80.

CAS:CMA's Cyclically Adjusted PB Ratio is ranked worse than
90.22% of 317 companies
in the Building Materials industry
Industry Median: 1.08 vs CAS:CMA: 5.14

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.

Ciments du Maroc's adjusted book value per share data of for the fiscal year that ended in Dec24 was MAD230.637. 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 MAD372.46 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ciments du Maroc Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ciments du Maroc'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.

Ciments du Maroc Cyclically Adjusted PB Ratio Chart

Ciments du Maroc Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.07 4.54 3.08 4.24 5.05

Ciments du Maroc Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 3.08 - 4.24 - 5.05

Competitive Comparison of Ciments du Maroc's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Ciments du Maroc'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.


Ciments du Maroc's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ciments du Maroc's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ciments du Maroc's Cyclically Adjusted PB Ratio falls into.


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Ciments du Maroc 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.

Ciments du Maroc's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1993.00/372.46
=5.35

* 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.

Ciments du Maroc's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Ciments du Maroc's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=230.637/133.1571*133.1571
=230.637

Current CPI (Dec24) = 133.1571.

Ciments du Maroc Annual Data

Book Value per Share CPI Adj_Book
201512 433.287 99.792 578.153
201612 368.563 101.863 481.793
201712 371.176 104.011 475.187
201812 341.216 105.998 428.644
201912 329.996 108.420 405.287
202012 279.608 109.897 338.789
202112 262.400 117.630 297.038
202212 230.086 125.222 244.667
202312 237.511 129.419 244.370
202412 230.637 133.157 230.637

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.


Ciments du Maroc  (CAS:CMA) 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.


Ciments du Maroc Cyclically Adjusted PB Ratio Related Terms

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


Ciments du Maroc Business Description

Traded in Other Exchanges
N/A
Address
621. Boulevard Panoramique, Casablanca, MAR, 20150
Ciments du Maroc SA is a cement producer in Morocco and acts as an operator in ready-mixed concrete and aggregates. The product line of the company includes cement, concrete ready-to-use, aggregates, and others. It also offers its customers a Technical Assistance service including maturometry, MBE (Equivalent Concrete Mortar) tests, cement slurry tests or quick identification of cement. The company operates MyCimar portal which allows customers to consult the movements of their activity with the company.