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Cementos PacasmayoA (LIM:CPAC) Cyclically Adjusted PB Ratio : 1.27 (As of May. 24, 2024)


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What is Cementos PacasmayoA Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Cementos PacasmayoA's current share price is $5.64. Cementos PacasmayoA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.44. Cementos PacasmayoA's Cyclically Adjusted PB Ratio for today is 1.27.

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

LIM:CPAC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 1.21   Max: 1.78
Current: 1.05

During the past years, Cementos PacasmayoA's highest Cyclically Adjusted PB Ratio was 1.78. The lowest was 0.89. And the median was 1.21.

LIM:CPAC's Cyclically Adjusted PB Ratio is ranked better than
54% of 300 companies
in the Building Materials industry
Industry Median: 1.09 vs LIM:CPAC: 1.05

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.

Cementos PacasmayoA's adjusted book value per share data for the three months ended in Mar. 2024 was $3.866. 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 $4.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cementos PacasmayoA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cementos PacasmayoA'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.

Cementos PacasmayoA Cyclically Adjusted PB Ratio Chart

Cementos PacasmayoA 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 - 1.51 1.32 1.02 0.96

Cementos PacasmayoA 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 1.00 0.96 0.95 0.96 1.08

Competitive Comparison of Cementos PacasmayoA's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Cementos PacasmayoA'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.


Cementos PacasmayoA's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

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

* The bar in red indicates where Cementos PacasmayoA's Cyclically Adjusted PB Ratio falls into.



Cementos PacasmayoA 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.

Cementos PacasmayoA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.64/4.44
=1.27

* 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.

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

For example, Cementos PacasmayoA'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)
=3.866/131.7762*131.7762
=3.866

Current CPI (Mar. 2024) = 131.7762.

Cementos PacasmayoA Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.312 100.560 5.651
201409 4.397 100.428 5.770
201412 4.276 99.070 5.688
201503 4.380 99.621 5.794
201506 4.472 100.684 5.853
201509 4.859 100.392 6.378
201512 4.673 99.792 6.171
201603 4.769 100.470 6.255
201606 4.808 101.688 6.231
201609 4.465 101.861 5.776
201612 4.491 101.863 5.810
201703 5.026 102.862 6.439
201706 5.073 103.349 6.468
201709 5.118 104.136 6.476
201712 4.699 104.011 5.953
201803 4.794 105.290 6.000
201806 4.870 106.317 6.036
201809 4.467 106.507 5.527
201812 4.527 105.998 5.628
201903 4.604 107.251 5.657
201906 4.714 108.070 5.748
201909 4.835 108.329 5.881
201912 4.434 108.420 5.389
202003 4.478 108.902 5.419
202006 4.329 108.767 5.245
202009 4.465 109.815 5.358
202012 4.265 109.897 5.114
202103 4.378 111.754 5.162
202106 3.410 114.631 3.920
202109 3.570 115.734 4.065
202112 3.730 117.630 4.179
202203 3.877 121.301 4.212
202206 4.023 125.017 4.241
202209 0.000 125.227 0.000
202212 3.728 125.222 3.923
202303 3.868 127.348 4.003
202306 4.003 128.729 4.098
202309 4.147 129.860 4.208
202312 3.712 129.419 3.780
202403 3.866 131.776 3.866

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.


Cementos PacasmayoA  (LIM:CPAC) 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.


Cementos PacasmayoA Cyclically Adjusted PB Ratio Related Terms

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


Cementos PacasmayoA (LIM:CPAC) Business Description

Traded in Other Exchanges
Address
Calle La Colonia No. 150, Urbanizacion El Vivero, Surco, Lima, PER
Cementos Pacasmayo SAA is a Peruvian cement company that primarily produces, distributes, and sells cement and cement-related materials, such as concrete blocks and ready-mix concrete. The company's products are primarily used in construction. It also produces and sells quicklime for use in mining operations. The company sells its products mainly in the northern part of Peru. It owns three cement production facilities. Its flagship Pacasmayo facility is located in the northwest region of Peru, while its new cement plant in Piura and smaller Rioja facility are located in the northeast region of Peru.