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Lafarge Africa (NSA:WAPCO) Cyclically Adjusted PB Ratio : 0.33 (As of May. 23, 2024)


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What is Lafarge Africa Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Lafarge Africa's current share price is ₦35.00. Lafarge Africa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₦107.11. Lafarge Africa's Cyclically Adjusted PB Ratio for today is 0.33.

The historical rank and industry rank for Lafarge Africa's Cyclically Adjusted PB Ratio or its related term are showing as below:

NSA:WAPCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.24   Max: 0.45
Current: 0.33

During the past years, Lafarge Africa's highest Cyclically Adjusted PB Ratio was 0.45. The lowest was 0.19. And the median was 0.24.

NSA:WAPCO's Cyclically Adjusted PB Ratio is ranked better than
86.96% of 299 companies
in the Building Materials industry
Industry Median: 1.09 vs NSA:WAPCO: 0.33

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.

Lafarge Africa's adjusted book value per share data for the three months ended in Mar. 2024 was ₦27.331. 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 ₦107.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lafarge Africa Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lafarge Africa'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.

Lafarge Africa Cyclically Adjusted PB Ratio Chart

Lafarge Africa 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 - - 0.22 0.23 0.30

Lafarge Africa 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 0.24 0.28 0.28 0.30 0.36

Competitive Comparison of Lafarge Africa's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, Lafarge Africa'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.


Lafarge Africa's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lafarge Africa's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lafarge Africa's Cyclically Adjusted PB Ratio falls into.



Lafarge Africa 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.

Lafarge Africa's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.00/107.11
=0.33

* 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.

Lafarge Africa's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lafarge Africa'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)
=27.331/131.7762*131.7762
=27.331

Current CPI (Mar. 2024) = 131.7762.

Lafarge Africa Quarterly Data

Book Value per Share CPI Adj_Book
201403 19.211 99.695 25.393
201406 20.614 100.560 27.013
201409 0.000 100.428 0.000
201412 12.996 99.070 17.286
201503 24.282 99.621 32.120
201506 2,323.925 100.684 3,041.579
201509 23.519 100.392 30.872
201512 14.691 99.792 19.400
201606 0.000 101.688 0.000
201609 24.254 101.861 31.377
201612 10.255 101.863 13.267
201703 0.000 102.862 0.000
201706 14.156 103.349 18.050
201709 6.684 104.136 8.458
201712 27.343 104.011 34.642
201803 27.198 105.290 34.040
201806 15.607 106.317 19.344
201809 15.284 106.507 18.910
201812 15.477 105.998 19.241
201903 25.911 107.251 31.836
201906 26.226 108.070 31.979
201909 21.721 108.329 26.422
201912 21.413 108.420 26.026
202003 21.914 108.902 26.517
202006 21.861 108.767 26.486
202009 22.163 109.815 26.595
202012 22.327 109.897 26.772
202103 22.894 111.754 26.996
202106 23.085 114.631 26.538
202109 23.835 115.734 27.139
202112 23.502 117.630 26.328
202203 24.592 121.301 26.716
202206 24.824 125.017 26.166
202209 25.289 125.227 26.612
202212 25.832 125.222 27.184
202303 26.760 127.348 27.691
202306 26.035 128.729 26.651
202309 26.272 129.860 26.660
202312 27.009 129.419 27.501
202403 27.331 131.776 27.331

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.


Lafarge Africa  (NSA:WAPCO) 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.


Lafarge Africa Cyclically Adjusted PB Ratio Related Terms

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


Lafarge Africa (NSA:WAPCO) Business Description

Traded in Other Exchanges
N/A
Address
No. 27B, Gerrard Road, Ikoyi, Lagos, NGA
Lafarge Africa PLC through its subsidiaries is engaged in the manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. Its products include Ashakacem, UniCem, Elephant cement, Lafarge Powermax, RoadCem, and Supaset cement among others. It has operations in South Africa and Nigeria generating a vast majority of its revenues within Nigeria from the sales of Cement. It has two segments Cement & Readymixed products. The majority is from the cement segment.

Lafarge Africa (NSA:WAPCO) Headlines

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