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The United Basalt Products (XMAU:UBP) Cyclically Adjusted PB Ratio : 0.63 (As of Jun. 09, 2024)


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What is The United Basalt Products Cyclically Adjusted PB Ratio?

As of today (2024-06-09), The United Basalt Products's current share price is MUR89.00. The United Basalt Products's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was MUR140.76. The United Basalt Products's Cyclically Adjusted PB Ratio for today is 0.63.

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

XMAU:UBP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.13   Max: 1.24
Current: 0.63

During the past 13 years, The United Basalt Products's highest Cyclically Adjusted PB Ratio was 1.24. The lowest was 0.63. And the median was 1.13.

XMAU:UBP's Cyclically Adjusted PB Ratio is ranked better than
72.24% of 317 companies
in the Building Materials industry
Industry Median: 1.09 vs XMAU:UBP: 0.63

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.

The United Basalt Products's adjusted book value per share data of for the fiscal year that ended in Jun23 was MUR159.013. 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 MUR140.76 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


The United Basalt Products Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The United Basalt Products'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.

The United Basalt Products Cyclically Adjusted PB Ratio Chart

The United Basalt Products 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 1.20 1.13 1.16 1.03 0.71

The United Basalt Products Quarterly Data
Mar19 Jun19 Sep19 Dec19 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 - 0.71 - - -

Competitive Comparison of The United Basalt Products's Cyclically Adjusted PB Ratio

For the Building Materials subindustry, The United Basalt Products'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.


The United Basalt Products's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, The United Basalt Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The United Basalt Products's Cyclically Adjusted PB Ratio falls into.



The United Basalt Products 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.

The United Basalt Products's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=89.00/140.76
=0.63

* 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.

The United Basalt Products's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, The United Basalt Products's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=159.013/128.7287*128.7287
=159.013

Current CPI (Jun23) = 128.7287.

The United Basalt Products Annual Data

Book Value per Share CPI Adj_Book
201406 104.356 100.560 133.589
201506 102.717 100.684 131.328
201606 99.264 101.688 125.660
201706 118.098 103.349 147.100
201806 116.464 106.317 141.015
201906 117.438 108.070 139.888
202006 123.125 108.767 145.721
202106 134.139 114.631 150.635
202206 129.828 125.017 133.683
202306 159.013 128.729 159.013

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.


The United Basalt Products  (XMAU:UBP) 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.


The United Basalt Products Cyclically Adjusted PB Ratio Related Terms

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


The United Basalt Products (XMAU:UBP) Business Description

Traded in Other Exchanges
N/A
Address
Trianon, Quatre-Bornes, MUS
The United Basalt Products Ltd is engaged in the manufacturing and sale of building materials which consist mainly of aggregates, rock sand, and concrete blocks. Other products include precast concrete slabs, ready-to-use dry mortar, various concrete building components including paving-blocks and roof tiles, imported floor and wall tiles, sanitary ware and a complete range of home building and decorating products, fittings, tools, and garden accessories. Services rendered consist mainly of engineering works by the company's workshop and contracting services. The group's business segments consist of core business activities, Building Material and agriculture. Geographically, majority of its activity is performed in Mauritius.

The United Basalt Products (XMAU:UBP) Headlines

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