CMTOY (Cementos Argos) Cyclically Adjusted PS Ratio: 1.62 (As of Aug. 08, 2026) — 110% Above Median

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CMTOY Cementos Argos SA CMTOY
64 GF Score
Price $18.00
GF Value $11.57
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Cementos Argos Cyclically Adjusted PS Ratio?

Cementos Argos CMTOY 64 Cyclically Adjusted PS Ratio is 1.62 as of Aug. 08, 2026, which is 110% above its 10-year median of 0.77. GuruFocus rates CMTOY with a GF Score™ of 64/100 and a GF Value™ of $11.57 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 324 Building Materials companies, Cementos Argos ranks worse than 58.64% on this metric.

As of today (2026-08-08), Cementos Argos's current share price is $18.00. Cementos Argos's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was $11.14. Cementos Argos's Cyclically Adjusted PS Ratio for today is 1.62.

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

CMTOY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.77   Max: 1.69
Current: 1.34

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.

CMTOY's Cyclically Adjusted PS Ratio is ranked worse than
58.64% of 324 companies
in the Building Materials industry
Industry Median: 1.01 vs CMTOY: 1.34

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 $1.361. 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 $11.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cementos Argos  (OTCPK:CMTOY) 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

CMTOY 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.


CMTOY
64GF Score
Cementos Argos SA CMTOY
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
=18.00/11.14
=1.62

* 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)
=1.361/330.2130*330.2130
=1.361

Current CPI (Mar. 2026) = 330.2130.

Cementos Argos Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 2.894 241.018 3.965
201609 2.661 241.428 3.640
201612 2.397 241.432 3.278
201703 2.645 243.801 3.582
201706 2.600 244.955 3.505
201709 3.238 246.819 4.332
201712 3.035 246.524 4.065
201803 2.879 249.554 3.810
201806 3.283 251.989 4.302
201809 3.162 252.439 4.136
201812 2.832 251.233 3.722
201903 3.067 254.202 3.984
201906 3.023 256.143 3.897
201909 3.203 256.759 4.119
201912 2.903 256.974 3.730
202003 2.705 258.115 3.461
202006 2.487 257.797 3.186
202009 2.777 260.280 3.523
202012 2.828 260.474 3.585
202103 2.775 264.877 3.459
202106 2.876 271.696 3.495
202109 2.832 274.310 3.409
202112 2.750 278.802 3.257
202203 2.804 287.504 3.221
202206 3.230 296.311 3.600
202209 3.004 296.808 3.342
202212 2.810 296.797 3.126
202303 1.239 301.836 1.355
202306 1.310 305.109 1.418
202309 1.395 307.789 1.497
202312 1.330 306.746 1.432
202403 1.450 312.332 1.533
202406 1.325 314.175 1.393
202409 1.215 315.301 1.272
202412 1.133 315.605 1.185
202503 1.146 319.799 1.183
202506 1.222 322.561 1.251
202509 1.428 324.800 1.452
202512 1.396 324.054 1.423
202603 1.361 330.213 1.361

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 1.62 mean?
Cementos Argos (CMTOY) has a Cyclically Adjusted PS Ratio of 1.62 as of Aug. 08, 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 110% 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 #190 out of 324 companies in the Building Materials industry, placing it in the top 58.6%.
Is Cementos Argos' Cyclically Adjusted PS Ratio too high?
Cementos Argos' current Cyclically Adjusted PS Ratio of 1.62 is 110% 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 1.01. Cementos Argos' value of 1.62 is 60.4% above this industry median. Based on the distribution chart, Cementos Argos ranks #190 out of 324 companies in the Building Materials industry, which is below the industry midpoint. Overall, Cementos Argos has a GF Score™ of 64/100 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 #190 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 1.01. Cementos Argos' value of 1.62 is 60.4% 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 1.01, 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 1.01, 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 1.62 is 60.4% 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 1.01 — 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 1.62, which is 110% 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 (CMTOY) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.57, compared to a current price of $18.00 — trading 55.6% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.62, which is 110% above median its 10-year median of 0.77 and 60.4% above the Building Materials industry median of 1.01. Cementos Argos' overall GF Score™ is 64/100 with 4 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 (CMTOY), the current Cyclically Adjusted PS Ratio is 1.62 as of Aug. 08, 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 (CMTOY) Overvalued in 2026?

Based on GuruFocus' analysis, Cementos Argos stock appears to be overvalued. The current stock price of $18.00 is trading 55.6% above its estimated GF Value™ of $11.57. GuruFocus considers Cementos Argos to be Significantly Overvalued.

Key valuation signals for CMTOY:

  • Cyclically Adjusted PS Ratio: 1.62 (110% above median its 10-year median of 0.77)
  • GF Value™: $11.57 vs. price of $18.00 (55.6% above fair value)
  • GF Score™: 64/100 with 4 warning signs
  • Industry Position: 60.4% above the Building Materials median (#190 of 324)

No single metric tells the full story. See the CMTOY 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.
64GF Score

Get the complete analysis for CMTOY

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

$18.00
Price
$11.57
GF Value