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Holcim (Argentina) (BUE:HARG) Cyclically Adjusted PB Ratio : 13.43 (As of Jun. 08, 2024)


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What is Holcim (Argentina) Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Holcim (Argentina)'s current share price is ARS1562.00. Holcim (Argentina)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS116.32. Holcim (Argentina)'s Cyclically Adjusted PB Ratio for today is 13.43.

The historical rank and industry rank for Holcim (Argentina)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

BUE:HARG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.89   Med: 5.25   Max: 18.14
Current: 13.81

During the past years, Holcim (Argentina)'s highest Cyclically Adjusted PB Ratio was 18.14. The lowest was 0.89. And the median was 5.25.

BUE:HARG's Cyclically Adjusted PB Ratio is ranked worse than
96.85% of 317 companies
in the Building Materials industry
Industry Median: 1.09 vs BUE:HARG: 13.81

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.

Holcim (Argentina)'s adjusted book value per share data for the three months ended in Mar. 2024 was ARS851.437. 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 ARS116.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Holcim (Argentina) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Holcim (Argentina)'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.

Holcim (Argentina) Cyclically Adjusted PB Ratio Chart

Holcim (Argentina) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 6.19 5.06 15.50

Holcim (Argentina) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.48 6.76 1.31 15.50 0.89

Competitive Comparison of Holcim (Argentina)'s Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Holcim (Argentina)'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.


Holcim (Argentina)'s Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Holcim (Argentina)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Holcim (Argentina)'s Cyclically Adjusted PB Ratio falls into.



Holcim (Argentina) 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.

Holcim (Argentina)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1562.00/116.32
=13.43

* 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.

Holcim (Argentina)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Holcim (Argentina)'s adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=851.437/131.7762*131.7762
=851.437

Current CPI (Mar. 2024) = 131.7762.

Holcim (Argentina) Quarterly Data

Book Value per Share CPI Adj_Book
201312 3.575 98.326 4.791
201403 3.540 99.695 4.679
201406 3.633 100.560 4.761
201412 3.746 99.070 4.983
201503 3.895 99.621 5.152
201506 3.906 100.684 5.112
201512 3.769 99.792 4.977
201603 3.700 100.470 4.853
201606 3.331 101.688 4.317
201609 0.000 101.861 0.000
201612 4.330 101.863 5.602
201703 4.901 102.862 6.279
201706 4.393 103.349 5.601
201709 5.334 104.136 6.750
201712 18.585 104.011 23.546
201803 3.045 105.290 3.811
201806 3.006 106.317 3.726
201809 3.872 106.507 4.791
201812 33.083 105.998 41.129
201903 26.585 107.251 32.664
201906 33.756 108.070 41.161
201909 39.042 108.329 47.492
201912 62.297 108.420 75.717
202003 47.492 108.902 57.468
202006 50.093 108.767 60.690
202009 54.553 109.815 65.463
202012 98.424 109.897 118.019
202103 73.237 111.754 86.358
202106 70.915 114.631 81.521
202109 81.922 115.734 93.277
202112 189.827 117.630 212.657
202203 113.223 121.301 123.001
202206 127.820 125.017 134.731
202209 168.712 125.227 177.536
202212 634.161 125.222 667.354
202303 223.546 127.348 231.320
202306 284.820 128.729 291.563
202309 385.014 129.860 390.697
202312 541.563 129.419 551.425
202403 851.437 131.776 851.437

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.


Holcim (Argentina)  (BUE:HARG) 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.


Holcim (Argentina) Cyclically Adjusted PB Ratio Related Terms

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Holcim (Argentina) (BUE:HARG) Business Description

Traded in Other Exchanges
N/A
Address
Piso 1, Avenida Alicia Moreau de Justo 140, Buenos Aires, ARG
Holcim (Argentina) SA manufactures construction and building materials. It produces and markets cement, concrete and aggregates. Some of its products are Portland cement and other related building materials. It also produces stone products.

Holcim (Argentina) (BUE:HARG) Headlines

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