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Promotora AmbientalB de CV (MEX:PASAB) Cyclically Adjusted PB Ratio : 1.67 (As of Jun. 25, 2024)


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What is Promotora AmbientalB de CV Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Promotora AmbientalB de CV's current share price is MXN37.00. Promotora AmbientalB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN22.13. Promotora AmbientalB de CV's Cyclically Adjusted PB Ratio for today is 1.67.

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

MEX:PASAB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.86   Max: 1.74
Current: 1.67

During the past years, Promotora AmbientalB de CV's highest Cyclically Adjusted PB Ratio was 1.74. The lowest was 0.56. And the median was 0.86.

MEX:PASAB's Cyclically Adjusted PB Ratio is ranked worse than
52.9% of 138 companies
in the Waste Management industry
Industry Median: 1.535 vs MEX:PASAB: 1.67

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.

Promotora AmbientalB de CV's adjusted book value per share data for the three months ended in Mar. 2024 was MXN20.934. 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 MXN22.13 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Promotora AmbientalB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Promotora AmbientalB 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.

Promotora AmbientalB de CV Cyclically Adjusted PB Ratio Chart

Promotora AmbientalB 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 0.97 0.66 0.68 0.66 1.69

Promotora AmbientalB de CV 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 0.62 1.36 1.39 1.69 1.72

Competitive Comparison of Promotora AmbientalB de CV's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, Promotora AmbientalB 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.


Promotora AmbientalB de CV's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Promotora AmbientalB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Promotora AmbientalB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.00/22.13
=1.67

* 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.

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

For example, Promotora AmbientalB de CV'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)
=20.934/152.9470*152.9470
=20.934

Current CPI (Mar. 2024) = 152.9470.

Promotora AmbientalB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.978 96.609 22.129
201409 14.495 97.652 22.703
201412 14.523 99.469 22.331
201503 14.692 99.973 22.477
201506 15.016 99.382 23.109
201509 15.321 100.112 23.407
201512 15.514 101.588 23.357
201603 15.835 102.573 23.612
201606 16.086 101.905 24.143
201609 16.378 103.084 24.300
201612 16.745 105.002 24.391
201703 16.779 108.063 23.748
201706 16.941 108.339 23.916
201709 17.021 109.628 23.747
201712 17.332 112.114 23.645
201803 17.487 113.505 23.564
201806 17.228 113.373 23.242
201809 17.516 115.130 23.269
201812 16.520 117.530 21.498
201903 16.596 118.050 21.502
201906 16.667 117.848 21.631
201909 16.973 118.581 21.892
201912 16.805 120.854 21.268
202003 17.548 121.885 22.020
202006 17.484 121.777 21.959
202009 17.330 123.341 21.490
202012 17.323 124.661 21.254
202103 17.640 127.574 21.148
202106 17.519 128.936 20.782
202109 18.053 130.742 21.119
202112 18.082 133.830 20.665
202203 18.274 137.082 20.389
202206 18.689 139.233 20.530
202209 18.897 142.116 20.337
202212 19.461 144.291 20.628
202303 19.627 146.472 20.495
202306 20.261 146.272 21.186
202309 20.267 148.446 20.881
202312 20.435 151.017 20.696
202403 20.934 152.947 20.934

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.


Promotora AmbientalB de CV  (MEX:PASAB) 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.


Promotora AmbientalB de CV Cyclically Adjusted PB Ratio Related Terms

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Promotora AmbientalB de CV (MEX:PASAB) Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Antonio Rodriguez 1884, Tower 1st Floor 8 Col. Santa Maria, Monterrey, MEX, 64650
Promotora Ambiental SAB de CV provides private and domestic solid waste collection services, construction and operation of landfills. The company offers services to the petroleum industry in Mexico.

Promotora AmbientalB de CV (MEX:PASAB) Headlines

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