Cementir Holding NV (CHIX:CEMM) Cyclically Adjusted PB Ratio: (As of Jul. 13, 2026)


CHIX:CEMM Cementir Holding NV CHIX:CEMM
79 GF Score
Price €13.38
GF Value €10.16
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Cementir Holding NV Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cementir Holding NV  (CHIX:CEMm) 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.


Cementir Holding NV Cyclically Adjusted PB Ratio Related Terms


Cementir Holding NV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cementir Holding NV'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.

Cementir Holding NV Cyclically Adjusted PB Ratio Chart

Cementir Holding NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 0.78 1.18 1.22 2.06

Cementir Holding NV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 1.67 0.00 2.06 0.00

CHIX:CEMM vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Cementir Holding NV'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.


Cementir Holding NV Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementir Holding NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cementir Holding NV's Cyclically Adjusted PB Ratio falls into.


CHIX:CEMM
79GF Score
Cementir Holding NV CHIX:CEMM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cementir Holding NV 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.

Cementir Holding NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Cementir Holding NV's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0/136.9100*136.9100
=0.000

Current CPI (Mar. 2026) = 136.9100.

Cementir Holding NV Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.465 100.260 8.828
201609 0.000 100.570 0.000
201612 6.239 100.710 8.482
201703 0.000 101.440 0.000
201706 5.963 101.370 8.054
201709 0.000 102.030 0.000
201712 6.009 101.970 8.068
201803 0.000 102.470 0.000
201806 6.141 103.100 8.155
201809 0.000 103.950 0.000
201812 6.267 103.970 8.253
201903 0.000 105.370 0.000
201906 6.216 105.840 8.041
201909 0.000 106.700 0.000
201912 6.565 106.800 8.416
202003 0.000 106.850 0.000
202006 6.366 107.510 8.107
202009 0.000 107.880 0.000
202012 6.670 107.850 8.467
202103 0.000 108.870 0.000
202106 6.784 109.670 8.469
202109 0.000 110.790 0.000
202112 6.997 114.010 8.402
202203 0.000 119.460 0.000
202206 8.451 119.050 9.719
202209 0.000 126.890 0.000
202212 8.797 124.940 9.640
202303 0.000 124.720 0.000
202306 8.636 125.830 9.396
202309 0.000 127.160 0.000
202312 9.665 126.450 10.464
202403 0.000 128.580 0.000
202406 10.219 129.910 10.770
202409 0.000 131.610 0.000
202412 11.041 131.630 11.484
202503 0.000 133.330 0.000
202506 10.821 133.960 11.059
202509 0.000 135.920 0.000
202512 11.915 135.270 12.059
202603 0.000 136.910 0.000

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.

Is Cementir Holding NV (CHIX:CEMM) Overvalued in 2026?

Based on GuruFocus' analysis, Cementir Holding NV stock appears to be overvalued. The current stock price of €13.38 is trading 31.6% above its estimated GF Value™ of €10.16. GuruFocus considers Cementir Holding NV to be Significantly Overvalued.

Key valuation signals for CHIX:CEMM:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €10.16 vs. price of €13.38 (31.6% above fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the CHIX:CEMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cementir Holding NV Business Description

Other Exchanges CEM:Italy0HY2:UK3PC:Germany
Address Zuidplein 36, Amsterdam, NH, NLD, 1077 XV
Cementir Holding NV is a multinational company. The company creates a niche white cement segment, the cement producer in Denmark and ready-mixed concrete producer in the Scandinavian region, the third in Belgium, and among the international players in Turkiye. In Belgium, the Group operates one of the aggregate quarries in Europe, while in Turkiye, it operates in the treatment of industrial waste to produce fuel for its cement plants. It has segments as Cement, Ready-mixed concrete, Aggregates, Wastes, and Others, with the majority from Cement. Geographically, it gains revenue from the Nordic & Baltic regions.
79GF Score

Get the complete analysis for CHIX:CEMM

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€13.38
Price
€10.16
GF Value