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Ciments du Maroc (CAS:CMA) Cyclically Adjusted PS Ratio : 5.73 (As of May. 26, 2024)


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What is Ciments du Maroc Cyclically Adjusted PS Ratio?

As of today (2024-05-26), Ciments du Maroc's current share price is MAD1849.00. Ciments du Maroc's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 was MAD322.94. Ciments du Maroc's Cyclically Adjusted PS Ratio for today is 5.73.

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

CAS:CMA' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 3.71   Med: 5.28   Max: 6.67
Current: 5.73

During the past 13 years, Ciments du Maroc's highest Cyclically Adjusted PS Ratio was 6.67. The lowest was 3.71. And the median was 5.28.

CAS:CMA's Cyclically Adjusted PS Ratio is ranked worse than
90.57% of 318 companies
in the Building Materials industry
Industry Median: 0.985 vs CAS:CMA: 5.73

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.

Ciments du Maroc's adjusted revenue per share data of for the fiscal year that ended in Dec23 was MAD300.163. 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 MAD322.94 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ciments du Maroc Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Ciments du Maroc'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.

* Premium members only.

Ciments du Maroc Cyclically Adjusted PS Ratio Chart

Ciments du Maroc Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.78 5.86 6.31 4.05 5.20

Ciments du Maroc Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 6.31 - 4.05 - 5.20

Competitive Comparison of Ciments du Maroc's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Ciments du Maroc'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.


Ciments du Maroc's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

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

* The bar in red indicates where Ciments du Maroc's Cyclically Adjusted PS Ratio falls into.



Ciments du Maroc 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.

Ciments du Maroc's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1849.00/322.94
=5.73

* 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.

Ciments du Maroc's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Ciments du Maroc's adjusted Revenue per Share data for the fiscal year that ended in Dec23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=300.163/129.4194*129.4194
=300.163

Current CPI (Dec23) = 129.4194.

Ciments du Maroc Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201412 241.293 99.070 315.212
201512 260.292 99.792 337.569
201612 267.804 101.863 340.252
201712 280.561 104.011 349.098
201812 278.498 105.998 340.035
201912 283.020 108.420 337.837
202012 256.412 109.897 301.962
202112 287.225 117.630 316.013
202212 281.779 125.222 291.225
202312 300.163 129.419 300.163

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.


Ciments du Maroc  (CAS:CMA) 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.


Ciments du Maroc Cyclically Adjusted PS Ratio Related Terms

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


Ciments du Maroc (CAS:CMA) Business Description

Traded in Other Exchanges
N/A
Address
621. Boulevard Panoramique, Casablanca, MAR, 20150
Ciments du Maroc SA is a cement producer in Morocco and acts as an operator in ready-mixed concrete and aggregates. The product line of the company includes cement, concrete ready-to-use, aggregates, and others. It also offers its customers a Technical Assistance service including maturometry, MBE (Equivalent Concrete Mortar) tests, cement slurry tests or quick identification of cement. The company operates MyCimar portal which allows customers to consult the movements of their activity with the company.

Ciments du Maroc (CAS:CMA) Headlines

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