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Asia Cement Co (XKRX:183190) Cyclically Adjusted PB Ratio : (As of Dec. 11, 2024)


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What is Asia Cement Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Cement Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asia 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.

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Asia Cement Co Cyclically Adjusted PB Ratio Chart

Asia 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 - - - - 0.45

Asia Cement Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 0.45 0.44 - -

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

For the Building Materials subindustry, Asia 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.


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

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

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



Asia 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.

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

For example, Asia Cement Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=29019.713/*
=

Current CPI (Sep. 2024) = .

Asia Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 17,732.924 99.098 0.000
201503 17,808.154 99.720 0.000
201506 18,240.256 100.050 0.000
201509 18,655.910 100.110 0.000
201512 18,829.673 100.220 0.000
201603 18,862.249 100.560 0.000
201606 19,262.223 100.790 0.000
201609 19,650.983 101.460 0.000
201612 19,975.491 101.560 0.000
201703 19,855.033 102.850 0.000
201706 20,400.384 102.610 0.000
201709 20,978.095 103.490 0.000
201712 21,019.011 102.990 0.000
201803 18,662.690 104.100 0.000
201806 19,087.912 104.130 0.000
201809 19,322.397 105.650 0.000
201812 20,007.934 104.350 0.000
201903 19,555.485 104.490 0.000
201906 20,221.724 104.880 0.000
201909 20,336.546 105.200 0.000
201912 20,491.375 105.120 0.000
202003 20,027.069 105.540 0.000
202006 20,357.166 104.870 0.000
202009 20,560.381 106.200 0.000
202012 20,912.376 105.765 0.000
202103 20,787.658 107.357 0.000
202106 21,748.039 107.579 0.000
202109 22,505.636 108.759 0.000
202112 23,262.255 109.676 0.000
202203 22,948.695 111.806 0.000
202206 23,565.403 114.083 0.000
202209 24,061.694 114.831 0.000
202212 24,769.856 115.200 0.000
202303 24,663.979 116.550 0.000
202306 25,438.380 117.140 0.000
202309 26,383.667 119.111 0.000
202312 27,147.328 118.848 0.000
202403 27,520.659 118.848 0.000
202406 28,476.879 0.000
202409 29,019.713 0.000

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.


Asia Cement Co  (XKRX:183190) 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.


Asia Cement Co Cyclically Adjusted PB Ratio Related Terms

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Asia Cement Co Business Description

Traded in Other Exchanges
N/A
Address
726 Yeoksam-dong, Gangnam-gu, Seoul, KOR
Asia Cement Co Ltd engages in the manufacture and distribution of cement, semi-finished cement, cement products, ready-mixed concrete and related material. Its business also covers quarrying, non-metallic mineral products, the whole and retail sale of building materials, international trading, tally, and packing. It offers Portland cement, Asia mortar, and customized cement products.

Asia Cement Co Headlines

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