Cementos Argos (BOG:CEMARGOS) Cyclically Adjusted PS Ratio: 1.41 (As of Jul. 17, 2026) — 83% Above Median

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BOG:CEMARGOS Cementos Argos SA BOG:CEMARGOS
46 GF Score
Price COP11,520.00
GF Value COP7,654.07
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Cementos Argos Cyclically Adjusted PS Ratio?

Cementos Argos BOG:CEMARGOS -2.37% 46 Cyclically Adjusted PS Ratio is 1.41 as of Jul. 17, 2026, which is 83% above its 10-year median of 0.77. GuruFocus rates BOG:CEMARGOS with a GF Score™ of 46/100 and a GF Value™ of COP7,654.07 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 324 Building Materials companies, Cementos Argos ranks worse than 60.49% on this metric.

As of today (2026-07-17), Cementos Argos's current share price is COP11520.00. Cementos Argos's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was COP8,176.35. Cementos Argos's Cyclically Adjusted PS Ratio for today is 1.41.

The historical rank and industry rank for Cementos Argos's Cyclically Adjusted PS Ratio or its related term are showing as below:

BOG:CEMARGOS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.77   Max: 1.69
Current: 1.41

During the past years, Cementos Argos's highest Cyclically Adjusted PS Ratio was 1.69. The lowest was 0.31. And the median was 0.77.

BOG:CEMARGOS's Cyclically Adjusted PS Ratio is ranked worse than
60.49% of 324 companies
in the Building Materials industry
Industry Median: 1.025 vs BOG:CEMARGOS: 1.41

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Cementos Argos's adjusted revenue per share data for the three months ended in Mar. 2026 was COP1,000.731. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is COP8,176.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cementos Argos  (BOG:CEMARGOS) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Cementos Argos Cyclically Adjusted PS Ratio Related Terms


Cementos Argos Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Cementos Argos's Cyclically Adjusted PS 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.

Cementos Argos Cyclically Adjusted PS Ratio Chart

Cementos Argos Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.39 0.65 1.08 1.32

Cementos Argos Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS 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 1.08 1.10 1.21 1.32 1.44

BOG:CEMARGOS vs CRH, VMC, MLM: Cyclically Adjusted PS Ratio Comparison

For the Building Materials subindustry, Cementos Argos's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Cementos Argos Cyclically Adjusted PS Ratio vs Building Materials Industry

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

* The bar in red indicates where Cementos Argos's Cyclically Adjusted PS Ratio falls into.


BOG:CEMARGOS
46GF Score
Cementos Argos SA BOG:CEMARGOS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cementos Argos Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Cementos Argos's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=11520.00/8176.35
=1.41

* 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.

Cementos Argos's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Cementos Argos's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1000.731/330.2130*330.2130
=1,000.731

Current CPI (Mar. 2026) = 330.2130.

Cementos Argos Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 1,801.232 241.018 2,467.825
201609 1,551.388 241.428 2,121.910
201612 1,472.829 241.432 2,014.428
201703 1,526.191 243.801 2,067.129
201706 1,582.990 244.955 2,133.959
201709 1,905.385 246.819 2,549.167
201712 1,829.811 246.524 2,450.988
201803 1,656.287 249.554 2,191.620
201806 1,896.787 251.989 2,485.599
201809 1,925.885 252.439 2,519.231
201812 1,830.071 251.233 2,405.390
201903 1,888.580 254.202 2,453.300
201906 2,040.238 256.143 2,630.223
201909 2,173.077 256.759 2,794.754
201912 2,038.509 256.974 2,619.495
202003 1,893.293 258.115 2,422.137
202006 1,853.603 257.797 2,374.286
202009 2,052.324 260.280 2,603.750
202012 2,015.981 260.474 2,555.737
202103 2,012.826 264.877 2,509.321
202106 2,113.051 271.696 2,568.153
202109 2,126.353 274.310 2,559.693
202112 2,167.865 278.802 2,567.619
202203 2,201.903 287.504 2,528.998
202206 2,436.024 296.311 2,714.738
202209 2,663.602 296.808 2,963.384
202212 2,680.756 296.797 2,982.579
202303 1,197.386 301.836 1,309.958
202306 1,161.752 305.109 1,257.340
202309 1,131.552 307.789 1,213.991
202312 1,065.474 306.746 1,146.986
202403 1,138.452 312.332 1,203.628
202406 1,021.441 314.175 1,073.584
202409 1,014.948 315.301 1,062.949
202412 1,004.516 315.605 1,051.011
202503 945.743 319.799 976.540
202506 985.959 322.561 1,009.349
202509 1,119.303 324.800 1,137.957
202512 1,044.240 324.054 1,064.087
202603 1,000.731 330.213 1,000.731

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 1.41 mean?
Cementos Argos (BOG:CEMARGOS) has a Cyclically Adjusted PS Ratio of 1.41 as of Jul. 17, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Cementos Argos and its competitors. This is 83% above median its historical median of 0.77. Over the past decade, Cementos Argos' Cyclically Adjusted PS Ratio has ranged from 0.31 to 1.69. According to the industry distribution chart, Cementos Argos ranks #196 out of 324 companies in the Building Materials industry, placing it in the top 60.5%.
Is Cementos Argos' Cyclically Adjusted PS Ratio too high?
Cementos Argos' current Cyclically Adjusted PS Ratio of 1.41 is 83% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.69. The Building Materials industry median Cyclically Adjusted PS Ratio is 1.03. Cementos Argos' value of 1.41 is 37.6% above this industry median. Based on the distribution chart, Cementos Argos ranks #196 out of 324 companies in the Building Materials industry, which is below the industry midpoint. Overall, Cementos Argos has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cementos Argos' Cyclically Adjusted PS Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, Cementos Argos ranks #196 out of 324 companies for Cyclically Adjusted PS Ratio. This places Cementos Argos in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.03. Cementos Argos' value of 1.41 is 37.6% above this benchmark. Historically, Cementos Argos' own Cyclically Adjusted PS Ratio has ranged from 0.31 to 1.69 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 1.03, Cementos Argos has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Building Materials company?
The median Cyclically Adjusted PS Ratio among Building Materials companies is 1.03, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cementos Argos's current Cyclically Adjusted PS Ratio of 1.41 is 37.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Cementos Argos and its competitors. For the Building Materials industry, the median Cyclically Adjusted PS Ratio is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cementos Argos's current Cyclically Adjusted PS Ratio is 1.41, which is 83% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cementos Argos stock overvalued right now?
Based on GuruFocus' analysis, Cementos Argos (BOG:CEMARGOS) is currently considered Significantly Overvalued. The stock's GF Value™ is COP7,654.07, compared to a current price of COP11,520.00 — trading 50.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.41, which is 83% above median its 10-year median of 0.77 and 37.6% above the Building Materials industry median of 1.03. Cementos Argos' overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Cementos Argos (BOG:CEMARGOS), the current Cyclically Adjusted PS Ratio is 1.41 as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cementos Argos (BOG:CEMARGOS) Overvalued in 2026?

Based on GuruFocus' analysis, Cementos Argos stock appears to be overvalued. The current stock price of COP11,520.00 is trading 50.5% above its estimated GF Value™ of COP7,654.07. GuruFocus considers Cementos Argos to be Significantly Overvalued.

Key valuation signals for BOG:CEMARGOS:

  • Cyclically Adjusted PS Ratio: 1.41 (83% above median its 10-year median of 0.77)
  • GF Value™: COP7,654.07 vs. price of COP11,520.00 (50.5% above fair value)
  • GF Score™: 46/100 with 6 warning signs
  • Industry Position: 37.6% above the Building Materials median (#196 of 324)

No single metric tells the full story. See the BOG:CEMARGOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cementos Argos Business Description

Address Carrera 53, No. 106 - 280, Piso 17, Centro Empresarial Buenavista, Barranquilla, COL
Cementos Argos SA is a cement-producing company. In terms of the concrete and cement business, it is Colombia's key producer and one of the key producers in the sector across Central America and the Caribbean. The company's corporate purpose is the exploitation of the cement industry, the production of concrete mixes and any other materials or items made of cement, lime or clay, the acquisition and exploitation of minerals or deposits of exploitable minerals in the cement industry, and similar rights to explore and mine the aforementioned minerals, whether by concession, privilege, lease or other title. Its operating segments are: Colombia, which generates maximum revenue, the Caribbean, Central America, Trading, and Corporate and others.
46GF Score

Get the complete analysis for BOG:CEMARGOS

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

COP11,520.00
Price
COP7,654.07
GF Value