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Eagle Materials (MEX:EXP) Cyclically Adjusted PB Ratio : 8.10 (As of Sep. 20, 2024)


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What is Eagle Materials Cyclically Adjusted PB Ratio?

As of today (2024-09-20), Eagle Materials's current share price is MXN4830.00. Eagle Materials's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was MXN596.45. Eagle Materials's Cyclically Adjusted PB Ratio for today is 8.10.

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

MEX:EXP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.23   Med: 5.64   Max: 8.66
Current: 8.61

During the past years, Eagle Materials's highest Cyclically Adjusted PB Ratio was 8.66. The lowest was 2.23. And the median was 5.64.

MEX:EXP's Cyclically Adjusted PB Ratio is ranked worse than
92.37% of 262 companies
in the Building Materials industry
Industry Median: 0.95 vs MEX:EXP: 8.61

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.

Eagle Materials's adjusted book value per share data for the three months ended in Jun. 2024 was MXN732.977. 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 MXN596.45 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eagle Materials Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eagle Materials'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.

Eagle Materials Cyclically Adjusted PB Ratio Chart

Eagle Materials Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.83 5.88 4.80 4.95 8.40

Eagle Materials 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 6.14 5.36 6.47 8.40 6.60

Competitive Comparison of Eagle Materials's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Eagle Materials'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.


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

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

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



Eagle Materials 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.

Eagle Materials's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4830.00/596.45
=8.10

* 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.

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

For example, Eagle Materials'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)
=732.977/132.5538*132.5538
=732.977

Current CPI (Jun. 2024) = 132.5538.

Eagle Materials Quarterly Data

Book Value per Share CPI Adj_Book
201409 246.388 100.428 325.205
201412 285.458 99.070 381.939
201503 306.625 99.621 407.989
201506 326.603 100.684 429.984
201509 359.452 100.392 474.609
201512 365.943 99.792 486.080
201603 369.109 100.470 486.977
201606 403.731 101.688 526.277
201609 440.541 101.861 573.285
201612 495.552 101.863 644.861
201703 467.662 102.862 602.655
201706 467.310 103.349 599.364
201709 489.930 104.136 623.630
201712 571.529 104.011 728.368
201803 533.441 105.290 671.573
201806 587.069 106.317 731.947
201809 567.857 106.507 706.731
201812 603.139 105.998 754.245
201903 520.013 107.251 642.698
201906 472.239 108.070 579.230
201909 479.372 108.329 586.568
201912 406.387 108.420 496.846
202003 544.887 108.902 663.231
202006 590.342 108.767 719.445
202009 617.047 109.815 744.816
202012 598.184 109.897 721.509
202103 655.618 111.754 777.640
202106 657.834 114.631 760.685
202109 657.011 115.734 752.493
202112 630.518 117.630 710.515
202203 583.046 121.301 637.134
202206 596.607 125.017 632.575
202209 627.743 125.227 664.474
202212 626.971 125.222 663.681
202303 597.514 127.348 621.940
202306 598.968 128.729 616.766
202309 649.697 129.860 663.177
202312 656.412 129.419 672.310
202403 636.037 131.776 639.790
202406 732.977 132.554 732.977

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.


Eagle Materials  (MEX:EXP) 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.


Eagle Materials Cyclically Adjusted PB Ratio Related Terms

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


Eagle Materials Business Description

Traded in Other Exchanges
Address
5960 Berkshire Lane, Suite 900, Dallas, TX, USA, 75225
Eagle Materials Inc produces and sells construction products and building materials. Construction products include cement, slag, concrete, and aggregates and building materials include gypsum wallboard, and are sold to the construction and building industries. Basic materials used for oil and natural gas extraction include frac sand and oil well cement. The firm organizes itself into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments.

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