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Empresas ICAB de CV (FRA:ICSA) Cyclically Adjusted PB Ratio : (As of May. 19, 2024)


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What is Empresas ICAB de CV Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Empresas ICAB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Empresas ICAB 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.

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Empresas ICAB de CV Cyclically Adjusted PB Ratio Chart

Empresas ICAB de CV Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Empresas ICAB de CV Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Empresas ICAB de CV's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Empresas ICAB 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.


Empresas ICAB de CV's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Empresas ICAB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Empresas ICAB 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.

Empresas ICAB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Empresas ICAB de CV's adjusted Book Value per Share data for the three months ended in Mar. 2017 was:

Adj_Book=Book Value per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=-0.555/108.0634*108.0634
=-0.555

Current CPI (Mar. 2017) = 108.0634.

Empresas ICAB de CV Quarterly Data

Book Value per Share CPI Adj_Book
200706 1.673 71.939 2.513
200709 1.982 73.103 2.930
200712 1.809 74.211 2.634
200803 2.393 75.318 3.433
200806 2.512 75.720 3.585
200809 1.853 77.104 2.597
200812 1.526 79.055 2.086
200903 1.967 79.870 2.661
200906 2.008 80.064 2.710
200909 2.247 80.877 3.002
200912 1.353 81.880 1.786
201003 1.535 83.840 1.978
201006 1.630 83.020 2.122
201009 1.564 83.869 2.015
201012 1.467 85.484 1.854
201103 1.443 86.389 1.805
201106 1.445 85.741 1.821
201109 1.417 86.500 1.770
201112 1.477 88.749 1.798
201203 1.629 89.610 1.964
201206 1.901 89.458 2.296
201209 1.670 90.628 1.991
201212 1.571 91.916 1.847
201303 1.689 93.421 1.954
201306 1.609 93.115 1.867
201309 1.691 93.700 1.950
201312 1.680 95.568 1.900
201403 1.633 96.932 1.821
201406 1.655 96.609 1.851
201409 1.643 97.652 1.818
201412 1.431 99.469 1.555
201503 1.494 99.973 1.615
201506 1.399 99.382 1.521
201509 1.174 100.112 1.267
201512 -0.265 101.588 -0.282
201603 -0.099 102.573 -0.104
201606 -0.341 101.905 -0.362
201609 -0.666 103.084 -0.698
201612 -0.531 105.002 -0.546
201703 -0.555 108.063 -0.555

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.


Empresas ICAB de CV  (FRA:ICSA) 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.


Empresas ICAB de CV Cyclically Adjusted PB Ratio Related Terms

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Empresas ICAB de CV (FRA:ICSA) Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Manuel Avila Camacho 36, Col. Lomas de Chapultepec, Delegation Miguel Hidalgo, Mexico City, DF, MEX, 11000
Empresas ICA SAB de CV is an engineering, procurement, and construction company. It provides construction and related services which includes development and construction of infrastructure facilities, industrial and urban construction, construction, maintenance and operation of airports, highways, social infrastructure and tunnels and operation and management of water supply and waste disposal systems. The company has Civil construction, Industrial construction, Airports, Concessions and Corporate and Other segments. It derives the majority of its revenues from Civil construction segment.

Empresas ICAB de CV (FRA:ICSA) Headlines

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