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CemexB de CV (MEX:CEMEXCPO) Cyclically Adjusted PB Ratio : 0.81 (As of Sep. 25, 2024)


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What is CemexB de CV Cyclically Adjusted PB Ratio?

As of today (2024-09-25), CemexB de CV's current share price is MXN12.58. CemexB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was MXN15.58. CemexB de CV's Cyclically Adjusted PB Ratio for today is 0.81.

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

MEX:CEMEXCPO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.77   Max: 1.21
Current: 0.81

During the past years, CemexB de CV's highest Cyclically Adjusted PB Ratio was 1.21. The lowest was 0.29. And the median was 0.77.

MEX:CEMEXCPO's Cyclically Adjusted PB Ratio is ranked better than
60.69% of 262 companies
in the Building Materials industry
Industry Median: 0.975 vs MEX:CEMEXCPO: 0.81

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.

CemexB de CV's adjusted book value per share data for the three months ended in Jun. 2024 was MXN14.879. 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 MXN15.58 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CemexB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CemexB 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.

* Premium members only.

CemexB de CV Cyclically Adjusted PB Ratio Chart

CemexB de CV 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 0.48 0.72 0.97 0.52 0.85

CemexB de CV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.80 0.74 0.85 0.94 0.75

Competitive Comparison of CemexB de CV's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, CemexB 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.


CemexB de CV's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

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

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



CemexB 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.

CemexB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.58/15.58
=0.81

* 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.

CemexB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, CemexB de CV's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=14.879/153.5505*153.5505
=14.879

Current CPI (Jun. 2024) = 153.5505.

CemexB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201409 10.390 97.652 16.338
201412 9.999 99.469 15.436
201503 9.790 99.973 15.037
201506 10.476 99.382 16.186
201509 9.937 100.112 15.241
201512 10.200 101.588 15.417
201603 10.460 102.573 15.658
201606 11.294 101.905 17.018
201609 11.731 103.084 17.474
201612 11.874 105.002 17.364
201703 11.587 108.063 16.464
201706 11.169 108.339 15.830
201709 11.453 109.628 16.042
201712 11.735 112.114 16.072
201803 11.405 113.505 15.429
201806 12.374 113.373 16.759
201809 12.246 115.130 16.333
201812 12.410 117.530 16.213
201903 11.834 118.050 15.393
201906 12.177 117.848 15.866
201909 12.689 118.581 16.431
201912 11.637 120.854 14.785
202003 13.634 121.885 17.176
202006 13.433 121.777 16.938
202009 11.103 123.341 13.822
202012 10.906 124.661 13.433
202103 12.053 127.574 14.507
202106 13.500 128.936 16.077
202109 13.317 130.742 15.640
202112 13.687 133.830 15.704
202203 0.000 137.082 0.000
202206 14.035 139.233 15.478
202209 14.572 142.116 15.744
202212 13.900 144.291 14.792
202303 12.358 146.472 12.955
202306 14.370 146.272 15.085
202309 14.629 148.446 15.132
202312 13.780 151.017 14.011
202403 13.456 152.947 13.509
202406 14.879 153.551 14.879

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.


CemexB de CV  (MEX:CEMEXCPO) 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.


CemexB de CV Cyclically Adjusted PB Ratio Related Terms

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


CemexB de CV Business Description

Address
Avenida Ricardo Margain Zozaya No.325, Colonia Valle del Campestre, San Pedro Garza Garcia, NL, MEX, 66265
Cemex SAB de CV is a ready-mix concrete company and one of the aggregates companies in the world. In 2021, the company sold roughly 67 million tons of cement, 49.2 million cubic meters of ready-mix, and 135 million tons of aggregates. As of Dec. 31, 2021, the company had an annual cement production capacity of roughly 88.5 million tons.

CemexB de CV Headlines

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