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Southeast Cement Co (TPE:1110) Cyclically Adjusted PB Ratio : 1.18 (As of Jun. 20, 2024)


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What is Southeast Cement Co Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Southeast Cement Co's current share price is NT$21.35. Southeast Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$18.16. Southeast Cement Co's Cyclically Adjusted PB Ratio for today is 1.18.

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

TPE:1110' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.03   Max: 1.34
Current: 1.2

During the past years, Southeast Cement Co's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.93. And the median was 1.03.

TPE:1110's Cyclically Adjusted PB Ratio is ranked worse than
53.58% of 321 companies
in the Building Materials industry
Industry Median: 1.08 vs TPE:1110: 1.20

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.

Southeast Cement Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$15.849. 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 NT$18.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Southeast Cement Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Southeast 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.

* Premium members only.

Southeast Cement Co Cyclically Adjusted PB Ratio Chart

Southeast Cement Co 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 1.08 1.11 1.19 1.05 1.05

Southeast Cement Co 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 0.98 1.07 1.03 1.05 0.97

Competitive Comparison of Southeast Cement Co's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Southeast 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.


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

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

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



Southeast 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.35/18.16
=1.18

* 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.

Southeast Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Southeast Cement Co'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)
=15.849/131.7762*131.7762
=15.849

Current CPI (Mar. 2024) = 131.7762.

Southeast Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.447 100.560 20.242
201409 15.502 100.428 20.341
201412 15.428 99.070 20.521
201503 15.595 99.621 20.629
201506 15.406 100.684 20.164
201509 14.970 100.392 19.650
201512 15.100 99.792 19.940
201603 15.355 100.470 20.139
201606 15.033 101.688 19.481
201609 14.979 101.861 19.378
201612 14.929 101.863 19.313
201703 15.098 102.862 19.342
201706 14.972 103.349 19.090
201709 14.925 104.136 18.887
201712 14.986 104.011 18.986
201803 14.939 105.290 18.697
201806 14.930 106.317 18.505
201809 15.047 106.507 18.617
201812 14.887 105.998 18.507
201903 15.093 107.251 18.544
201906 14.992 108.070 18.281
201909 14.934 108.329 18.166
201912 14.958 108.420 18.180
202003 14.599 108.902 17.666
202006 14.629 108.767 17.724
202009 14.775 109.815 17.730
202012 14.897 109.897 17.863
202103 14.952 111.754 17.631
202106 15.073 114.631 17.327
202109 14.985 115.734 17.062
202112 15.132 117.630 16.952
202203 15.226 121.301 16.541
202206 14.793 125.017 15.593
202209 14.870 125.227 15.648
202212 15.146 125.222 15.939
202303 15.282 127.348 15.813
202306 15.483 128.729 15.850
202309 15.627 129.860 15.858
202312 15.659 129.419 15.944
202403 15.849 131.776 15.849

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.


Southeast Cement Co  (TPE:1110) 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.


Southeast Cement Co Cyclically Adjusted PB Ratio Related Terms

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


Southeast Cement Co (TPE:1110) Business Description

Traded in Other Exchanges
N/A
Address
No.21, Wu Fu 3 Road, 1st Floor, 4th Floor, Qianjin District, Kaohsiung, TWN
Southeast Cement Co Ltd is principally engaged in the manufacturing and distribution of cement and slag powder. It also produces limestone and pre-mixed concrete. The firm's products include type I Portland cement, clinker and slag powder. The company's products are mainly applied to public engineering and buildings.

Southeast Cement Co (TPE:1110) Headlines

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