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Kohat Cement Co (KAR:KOHC) Cyclically Adjusted PB Ratio : 1.84 (As of Jun. 09, 2024)


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What is Kohat Cement Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Kohat Cement Co's current share price is ₨214.20. Kohat Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨116.31. Kohat Cement Co's Cyclically Adjusted PB Ratio for today is 1.84.

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

KAR:KOHC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.72   Max: 2.58
Current: 1.84

During the past years, Kohat Cement Co's highest Cyclically Adjusted PB Ratio was 2.58. The lowest was 1.19. And the median was 1.72.

KAR:KOHC's Cyclically Adjusted PB Ratio is ranked worse than
68.45% of 317 companies
in the Building Materials industry
Industry Median: 1.09 vs KAR:KOHC: 1.84

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.

Kohat Cement Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₨197.709. 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 ₨116.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kohat Cement Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kohat Cement Co'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.

Kohat Cement Co Cyclically Adjusted PB Ratio Chart

Kohat Cement Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.41 1.65

Kohat Cement Co 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 1.39 1.65 1.58 2.12 1.93

Competitive Comparison of Kohat Cement Co's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Kohat Cement Co'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.


Kohat Cement Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Kohat Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Kohat Cement Co's Cyclically Adjusted PB Ratio falls into.



Kohat Cement Co 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.

Kohat Cement Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=214.20/116.31
=1.84

* 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.

Kohat Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kohat Cement Co'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)
=197.709/131.7762*131.7762
=197.709

Current CPI (Mar. 2024) = 131.7762.

Kohat Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.753 100.560 56.025
201409 46.466 100.428 60.970
201412 48.508 99.070 64.522
201503 52.156 99.621 68.991
201506 53.755 100.684 70.355
201509 58.496 100.392 76.783
201512 60.918 99.792 80.442
201603 63.172 100.470 82.856
201606 68.555 101.688 88.839
201609 73.494 101.861 95.078
201612 75.613 101.863 97.818
201703 74.096 102.862 94.924
201706 76.203 103.349 97.163
201709 80.698 104.136 102.118
201712 82.848 104.011 104.964
201803 86.094 105.290 107.752
201806 89.498 106.317 110.930
201809 92.130 106.507 113.989
201812 93.253 105.998 115.932
201903 96.461 107.251 118.519
201906 97.942 108.070 119.427
201909 98.380 108.329 119.673
201912 95.929 108.420 116.594
202003 94.031 108.902 113.782
202006 93.232 108.767 112.955
202009 95.758 109.815 114.908
202012 100.559 109.897 120.579
202103 105.833 111.754 124.794
202106 110.641 114.631 127.189
202109 117.601 115.734 133.902
202112 125.496 117.630 140.589
202203 133.684 121.301 145.229
202206 135.647 125.017 142.981
202209 144.534 125.227 152.094
202212 154.265 125.222 162.340
202303 162.341 127.348 167.986
202306 162.351 128.729 166.194
202309 171.392 129.860 173.922
202312 187.057 129.419 190.463
202403 197.709 131.776 197.709

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.


Kohat Cement Co  (KAR:KOHC) 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.


Kohat Cement Co Cyclically Adjusted PB Ratio Related Terms

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


Kohat Cement Co (KAR:KOHC) Business Description

Traded in Other Exchanges
N/A
Address
37-P, Gulberg - II, Lahore, PB, PAK
Kohat Cement Co Ltd is a cement manufacturing company in Pakistan. It primarily offers white and grey cement under Kohat cement and Kohat super white brand name respectively. Its products comprise of Grey Cement and White Cement. The business activity of the organization is operated through the geographical area of Pakistan and Afghanistan and most of the income is derived from the region of Pakistan.

Kohat Cement Co (KAR:KOHC) Headlines

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