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Ferrum de Ceramica y Metalurgica (BUE:FERR) Cyclically Adjusted PB Ratio : 105.00 (As of Apr. 28, 2024)


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What is Ferrum de Ceramica y Metalurgica Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Ferrum de Ceramica y Metalurgica's current share price is ARS98.70. Ferrum de Ceramica y Metalurgica's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ARS0.94. Ferrum de Ceramica y Metalurgica's Cyclically Adjusted PB Ratio for today is 105.00.

The historical rank and industry rank for Ferrum de Ceramica y Metalurgica's Cyclically Adjusted PB Ratio or its related term are showing as below:

BUE:FERR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 19.03   Med: 39.28   Max: 122.34
Current: 105.42

During the past years, Ferrum de Ceramica y Metalurgica's highest Cyclically Adjusted PB Ratio was 122.34. The lowest was 19.03. And the median was 39.28.

BUE:FERR's Cyclically Adjusted PB Ratio is ranked worse than
100% of 1146 companies
in the Construction industry
Industry Median: 1.105 vs BUE:FERR: 105.42

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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Ferrum de Ceramica y Metalurgica's adjusted book value per share data for the three months ended in Dec. 2023 was ARS6.949. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ARS0.94 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferrum de Ceramica y Metalurgica Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ferrum de Ceramica y Metalurgica'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.

* Premium members only.

Ferrum de Ceramica y Metalurgica Cyclically Adjusted PB Ratio Chart

Ferrum de Ceramica y Metalurgica Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.43 27.77 34.84 31.95 58.63

Ferrum de Ceramica y Metalurgica Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 47.93 55.04 58.63 63.42 73.91

Competitive Comparison of Ferrum de Ceramica y Metalurgica's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Ferrum de Ceramica y Metalurgica'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.


Ferrum de Ceramica y Metalurgica's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ferrum de Ceramica y Metalurgica's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ferrum de Ceramica y Metalurgica's Cyclically Adjusted PB Ratio falls into.



Ferrum de Ceramica y Metalurgica 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.

Ferrum de Ceramica y Metalurgica's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=98.70/0.94
=105.00

* 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.

Ferrum de Ceramica y Metalurgica's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Ferrum de Ceramica y Metalurgica's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6.949/129.4194*129.4194
=6.949

Current CPI (Dec. 2023) = 129.4194.

Ferrum de Ceramica y Metalurgica Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.040 99.695 0.052
201406 0.042 100.560 0.054
201409 0.055 100.428 0.071
201412 0.058 99.070 0.076
201503 0.062 99.621 0.081
201506 0.066 100.684 0.085
201509 0.073 100.392 0.094
201512 0.081 99.792 0.105
201603 0.088 100.470 0.113
201606 0.090 101.688 0.115
201609 0.095 101.861 0.121
201612 0.095 101.863 0.121
201703 0.096 102.862 0.121
201706 0.097 103.349 0.121
201709 0.100 104.136 0.124
201712 0.079 104.011 0.098
201803 0.081 105.290 0.100
201806 0.286 106.317 0.348
201809 0.115 106.507 0.140
201812 0.232 105.998 0.283
201903 0.258 107.251 0.311
201906 0.415 108.070 0.497
201909 0.327 108.329 0.391
201912 0.368 108.420 0.439
202003 0.395 108.902 0.469
202006 0.612 108.767 0.728
202009 0.462 109.815 0.544
202012 0.547 109.897 0.644
202103 0.654 111.754 0.757
202106 1.264 114.631 1.427
202109 0.892 115.734 0.997
202112 1.019 117.630 1.121
202203 1.248 121.301 1.332
202206 3.254 125.017 3.369
202209 1.939 125.227 2.004
202212 2.111 125.222 2.182
202303 2.659 127.348 2.702
202306 3.401 128.729 3.419
202309 4.759 129.860 4.743
202312 6.949 129.419 6.949

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.


Ferrum de Ceramica y Metalurgica  (BUE:FERR) 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.


Ferrum de Ceramica y Metalurgica Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Ferrum de Ceramica y Metalurgica's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ferrum de Ceramica y Metalurgica (BUE:FERR) Business Description

Traded in Other Exchanges
N/A
Address
Balcarce 880, Buenos Aires, ARG
Ferrum SA de Ceramica y Metalurgica is engaged in the manufacturing and sale of sanitary wares. It offers bathroom accessories, spare parts, toiletry sets, sinks and lavatories, cabins and various other products. Geographically the group operates through Argentina.

Ferrum de Ceramica y Metalurgica (BUE:FERR) Headlines

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