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Dangote Cement (NSA:DCP) Cyclically Adjusted PS Ratio : 6.65 (As of Sep. 20, 2024)


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What is Dangote Cement Cyclically Adjusted PS Ratio?

As of today (2024-09-20), Dangote Cement's current share price is ₦532.00. Dangote Cement's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 was ₦80.04. Dangote Cement's Cyclically Adjusted PS Ratio for today is 6.65.

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

NSA:DCP' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 4.31   Med: 5.3   Max: 10.99
Current: 6.65

During the past years, Dangote Cement's highest Cyclically Adjusted PS Ratio was 10.99. The lowest was 4.31. And the median was 5.30.

NSA:DCP's Cyclically Adjusted PS Ratio is ranked worse than
92.54% of 295 companies
in the Building Materials industry
Industry Median: 0.98 vs NSA:DCP: 6.65

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.

Dangote Cement's adjusted revenue per share data for the three months ended in Jun. 2024 was ₦56.274. 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 ₦80.04 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dangote Cement Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Dangote 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.

* Premium members only.

Dangote Cement Cyclically Adjusted PS Ratio Chart

Dangote Cement 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 - - 5.42 4.55 4.61

Dangote Cement Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.56 5.13 4.61 9.18 8.20

Competitive Comparison of Dangote Cement's Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Dangote 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.


Dangote Cement's Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

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

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



Dangote 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.

Dangote Cement's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=532.00/80.04
=6.65

* 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.

Dangote Cement's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Dangote Cement's adjusted Revenue per Share data for the three months ended in Jun. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=56.274/132.5538*132.5538
=56.274

Current CPI (Jun. 2024) = 132.5538.

Dangote Cement Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201409 5.945 100.428 7.847
201412 4.778 99.070 6.393
201503 6.733 99.621 8.959
201506 7.481 100.684 9.849
201509 7.232 100.392 9.549
201512 7.410 99.792 9.843
201603 8.246 100.470 10.879
201606 8.900 101.688 11.601
201609 8.796 101.861 11.446
201612 10.153 101.863 13.212
201703 12.216 102.862 15.742
201706 12.001 103.349 15.392
201709 11.202 104.136 14.259
201712 11.854 104.011 15.107
201803 14.208 105.290 17.887
201806 14.103 106.317 17.583
201809 11.904 106.507 14.815
201812 12.671 105.998 15.845
201903 14.093 107.251 17.418
201906 13.354 108.070 16.379
201909 12.444 108.329 15.227
201912 12.434 108.420 15.202
202003 14.622 108.902 17.798
202006 13.360 108.767 16.282
202009 16.700 109.815 20.158
202012 16.009 109.897 19.310
202103 19.568 111.754 23.210
202106 21.053 114.631 24.345
202109 19.508 115.734 22.343
202112 21.262 117.630 23.960
202203 24.447 121.301 26.715
202206 23.382 125.017 24.792
202209 21.869 125.227 23.149
202212 26.144 125.222 27.675
202303 24.103 127.348 25.088
202306 32.245 128.729 33.203
202309 33.476 129.860 34.171
202312 41.405 129.419 42.408
202403 48.791 131.776 49.079
202406 56.274 132.554 56.274

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.


Dangote Cement  (NSA:DCP) 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.


Dangote Cement Cyclically Adjusted PS Ratio Related Terms

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


Dangote Cement Business Description

Traded in Other Exchanges
N/A
Address
1, Alfred Rewane Road, P.O. Box 40032, Falomo, Ikoyi, Union Marble House, Lagos, NGA
Dangote Cement PLC is a Nigerian cement manufacturer. It manufactures and markets cement and related products through its 'Dangote' brand. Its geographical segment includes Nigeria and Pan Africa. The company derives a majority of revenue from Nigeria segment.