ARM Cement (NAI:ARM) Cyclically Adjusted PS Ratio: (As of Aug. 04, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is ARM Cement Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ARM Cement  (NAI:ARM) 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.


ARM Cement Cyclically Adjusted PS Ratio Related Terms


ARM Cement Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for ARM Cement'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.

ARM Cement Cyclically Adjusted PS Ratio Chart

ARM Cement Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PS Ratio
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ARM Cement Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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 0.00 0.00 0.00 0.00 0.00

ARM Cement Cyclically Adjusted PS Ratio Competitor Comparison

For the Building Materials subindustry, ARM Cement'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.


ARM Cement Cyclically Adjusted PS Ratio vs Building Materials Industry

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

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



ARM Cement 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.

ARM Cement's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Dec17 is calculated as:

For example, ARM Cement's adjusted Revenue per Share data for the fiscal year that ended in Dec17 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec17 (Change)*Current CPI (Dec17)
=9.06/246.5240*246.5240
=9.060

Current CPI (Dec17) = 246.5240.

ARM Cement Annual Data

Revenue per Share CPI Adj_RevenuePerShare
200812 9.327 210.228 10.937
200912 10.388 215.949 11.859
201012 12.043 219.179 13.545
201112 16.518 225.672 18.044
201212 23.019 229.601 24.716
201312 28.629 233.049 30.284
201412 27.749 234.812 29.133
201512 29.753 236.525 31.011
201612 13.359 241.432 13.641
201712 9.060 246.524 9.060

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.


ARM Cement Business Description

Address The Westwood, Ring Road, 9th Floor, Westlands, Nairobi, KEN, 00100
ARM Cement PLC is a cement manufacturing company based in Kenya. The principal activities of the company and its subsidiaries are the manufacturing and selling of cement. In addition, the company is engaged in the mining and processing of industrial minerals and chemicals, trading in other building products and the sale of fertilisers. The company is organised into two principal operating division - Cement and Lime segment and Other Products. The company offers tiling cement, composite cement, portland cement, and clinker. The company predominantly carries out its operations in Kenya, Tanzania, South Africa and Rwanda. The majority of its revenue is derived from Kenya.