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Bamburi Cement (NAI:BAMB) Cyclically Adjusted PB Ratio : 0.44 (As of Jun. 19, 2024)


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What is Bamburi Cement Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Bamburi Cement's current share price is KES41.65. Bamburi Cement's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was KES94.19. Bamburi Cement's Cyclically Adjusted PB Ratio for today is 0.44.

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

NAI:BAMB's Cyclically Adjusted PB Ratio is not ranked *
in the Building Materials industry.
Industry Median: 1.08
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Bamburi Cement's adjusted book value per share data of for the fiscal year that ended in Dec22 was KES93.796. 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 KES94.19 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bamburi Cement Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bamburi Cement'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.

Bamburi Cement Cyclically Adjusted PB Ratio Chart

Bamburi Cement Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.01 0.46 0.43 0.33

Bamburi Cement Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 0.46 - 0.43 - 0.33

Competitive Comparison of Bamburi Cement's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Bamburi Cement'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.


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

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

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



Bamburi Cement 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.65/94.19
=0.44

* 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.

Bamburi Cement's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Bamburi Cement's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=93.796/125.2218*125.2218
=93.796

Current CPI (Dec22) = 125.2218.

Bamburi Cement Annual Data

Book Value per Share CPI Adj_Book
201312 79.706 98.326 101.509
201412 73.639 99.070 93.078
201512 74.083 99.792 92.961
201612 72.749 101.863 89.432
201712 80.632 104.011 97.075
201812 81.486 105.998 96.264
201912 79.081 108.420 91.336
202012 83.486 109.897 95.128
202112 85.800 117.630 91.338
202212 93.796 125.222 93.796

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.


Bamburi Cement  (NAI:BAMB) 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.


Bamburi Cement Cyclically Adjusted PB Ratio Related Terms

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


Bamburi Cement (NAI:BAMB) Business Description

Traded in Other Exchanges
N/A
Address
Kitui Road, Off Kampala Road, P.O. Box 10921, Industrial Area, Nairobi, KEN, 00100
Bamburi Cement Ltd is engaged in the manufacture and sale of cement and cement-related products. The company is organized into two main geographical segments: Kenya and Uganda. Both geographical features are involved in the manufacture and sale of cement and also include the manufacture and sale of ready-mix concrete, precast products, and rehabilitation of quarries that are used as a source of raw materials for cement production. Its products include Nguvu, PowerMax, PowerPlus, Powercrete, Tembo, Fundi, Duracem, Powerwhite, Paving Blocks, Drainage, Edge Restraints, and others. Bamburi also owns and manages a nature and environmental park created from rehabilitated quarries. Geographically company generates a majority of its revenue from Kenya.

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