MCEM (Monarch Cement Co) Cyclically Adjusted PB Ratio: 3.25 (As of Aug. 27, 2026) — 44% Above Median

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MCEM Monarch Cement Co MCEM
84 GF Score
Price $264.00
GF Value $211.68
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Monarch Cement Co Cyclically Adjusted PB Ratio?

Monarch Cement Co MCEM -0.38% 84 Cyclically Adjusted PB Ratio is 3.25 as of Aug. 27, 2026, which is 44% above its 10-year median of 2.25. GuruFocus rates MCEM with a GF Score™ of 84/100 and a GF Value™ of $211.68 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 291 Building Materials companies, Monarch Cement Co ranks worse than 84.54% on this metric.

As of today (2026-08-27), Monarch Cement Co's current share price is $264.00. Monarch Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $81.18. Monarch Cement Co's Cyclically Adjusted PB Ratio for today is 3.25.

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

MCEM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.25   Max: 3.77
Current: 3.26

During the past years, Monarch Cement Co's highest Cyclically Adjusted PB Ratio was 3.77. The lowest was 1.23. And the median was 2.25.

MCEM's Cyclically Adjusted PB Ratio is ranked worse than
84.54% of 291 companies
in the Building Materials industry
Industry Median: 0.98 vs MCEM: 3.26

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.

Monarch Cement Co's adjusted book value per share data for the three months ended in Jun. 2026 was $121.918. 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 $81.18 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Monarch Cement Co  (OTCPK:MCEM) 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.


Monarch Cement Co Cyclically Adjusted PB Ratio Related Terms


Monarch Cement Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Monarch 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.

Monarch Cement Co Cyclically Adjusted PB Ratio Chart

Monarch Cement Co 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 2.34 2.08 2.62 3.25 3.13

Monarch Cement Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 3.35 3.18 3.13 3.25 3.54

MCEM vs RMIX, PHCI, SMID: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, Monarch 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.


Monarch Cement Co Cyclically Adjusted PB Ratio vs Building Materials Industry

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

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


MCEM
84GF Score
Monarch Cement Co MCEM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Monarch 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=264.00/81.18
=3.25

* 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.

Monarch Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Monarch Cement Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=121.918/333.9520*333.9520
=121.918

Current CPI (Jun. 2026) = 333.9520.

Monarch Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 35.572 241.428 49.204
201612 39.080 241.432 54.056
201703 39.405 243.801 53.976
201706 40.745 244.955 55.548
201709 42.794 246.819 57.901
201712 44.523 246.524 60.313
201803 43.016 249.554 57.564
201806 45.094 251.989 59.761
201809 46.382 252.439 61.359
201812 45.598 251.233 60.611
201903 46.121 254.202 60.590
201906 49.067 256.143 63.972
201909 51.406 256.759 66.861
201912 51.155 256.974 66.479
202003 48.048 258.115 62.165
202006 51.582 257.797 66.820
202009 54.577 260.280 70.025
202012 55.981 260.474 71.773
202103 58.700 264.877 74.008
202106 62.503 271.696 76.825
202109 61.565 274.310 74.951
202112 69.224 278.802 82.917
202203 69.042 287.504 80.196
202206 70.881 296.311 79.885
202209 72.149 296.808 81.178
202212 77.565 296.797 87.275
202303 79.704 301.836 88.185
202306 86.288 305.109 94.445
202309 86.135 307.789 93.457
202312 90.990 306.746 99.060
202403 95.520 312.332 102.132
202406 97.663 314.175 103.811
202409 104.152 315.301 110.313
202412 107.513 315.605 113.763
202503 108.241 319.799 113.031
202506 109.708 322.561 113.582
202509 115.558 324.800 118.814
202512 115.268 324.054 118.789
202603 118.248 330.213 119.587
202606 121.918 333.952 121.918

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.

What does a Cyclically Adjusted PB Ratio of 3.25 mean?
Monarch Cement Co (MCEM) has a Cyclically Adjusted PB Ratio of 3.25 as of Aug. 27, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Monarch Cement Co and its competitors. This is 44% above median its historical median of 2.25. Over the past decade, Monarch Cement Co's Cyclically Adjusted PB Ratio has ranged from 1.23 to 3.77. According to the industry distribution chart, Monarch Cement Co ranks #246 out of 291 companies in the Building Materials industry, placing it in the top 84.5%.
Is Monarch Cement Co's Cyclically Adjusted PB Ratio too high?
Monarch Cement Co's current Cyclically Adjusted PB Ratio of 3.25 is 44% above median its 10-year median of 2.25. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 3.77. The Building Materials industry median Cyclically Adjusted PB Ratio is 0.98. Monarch Cement Co's value of 3.25 is 231.6% above this industry median. Based on the distribution chart, Monarch Cement Co ranks #246 out of 291 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Monarch Cement Co has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Monarch Cement Co's Cyclically Adjusted PB Ratio compare to RMIX and PHCI?
According to the Building Materials industry distribution chart, Monarch Cement Co ranks #246 out of 291 companies for Cyclically Adjusted PB Ratio. This places Monarch Cement Co in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.98. Monarch Cement Co's value of 3.25 is 231.6% above this benchmark. Historically, Monarch Cement Co's own Cyclically Adjusted PB Ratio has ranged from 1.23 to 3.77 over the past decade. While the company's 10-year median is 2.25 vs. the industry median of 0.98, Monarch Cement Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 0.98, based on 291 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Monarch Cement Co's current Cyclically Adjusted PB Ratio of 3.25 is 231.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Monarch Cement Co and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Monarch Cement Co's current Cyclically Adjusted PB Ratio is 3.25, which is 44% above median its own 10-year median of 2.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monarch Cement Co stock overvalued right now?
Based on GuruFocus' analysis, Monarch Cement Co (MCEM) is currently considered Modestly Overvalued. The stock's GF Value™ is $211.68, compared to a current price of $264.00 — trading 24.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.25, which is 44% above median its 10-year median of 2.25 and 231.6% above the Building Materials industry median of 0.98. Monarch Cement Co's overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Monarch Cement Co (MCEM), the current Cyclically Adjusted PB Ratio is 3.25 as of Aug. 27, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Monarch Cement Co (MCEM) Overvalued in 2026?

Based on GuruFocus' analysis, Monarch Cement Co stock appears to be overvalued. The current stock price of $264.00 is trading 24.7% above its estimated GF Value™ of $211.68. GuruFocus considers Monarch Cement Co to be Modestly Overvalued.

Key valuation signals for MCEM:

  • Cyclically Adjusted PB Ratio: 3.25 (44% above median its 10-year median of 2.25)
  • GF Value™: $211.68 vs. price of $264.00 (24.7% above fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 231.6% above the Building Materials median (#246 of 291)

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


Monarch Cement Co Business Description

Address 449 1200 Street, P.O. Box 1000, Humboldt, KS, USA, 66748-0900
Monarch Cement Co is principally engaged in the manufacture and sale of Portland cement. The company's subsidiaries together are engaged in the ready-mixed concrete, concrete products, and sundry building materials business. Ready-mixed concrete is manufactured by combining aggregates with Portland cement, water, and chemical admixtures in batch plants. It is then loaded into mixer trucks and mixed in transit to the construction site where it is delivered to the contractor. The company groups its operations into two segments: Cement Business and Ready-Mixed Concrete Business, of which key revenue is derived from the Cement business segment.
84GF Score

Get the complete analysis for MCEM

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

$264.00
Price
$211.68
GF Value