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Cementos Argos S.A. (Cementos Argos S.A.) Cyclically Adjusted PS Ratio : (As of Jun. 06, 2024)


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What is Cementos Argos S.A. Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cementos Argos S.A. Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Cementos Argos S.A.'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.

Cementos Argos S.A. Cyclically Adjusted PS Ratio Chart

Cementos Argos S.A. 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 - - 0.80 0.43 -

Cementos Argos S.A. Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.35 0.39 0.54 - -

Competitive Comparison of Cementos Argos S.A.'s Cyclically Adjusted PS Ratio

For the Building Materials subindustry, Cementos Argos S.A.'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.


Cementos Argos S.A.'s Cyclically Adjusted PS Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementos Argos S.A.'s Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Cementos Argos S.A.'s Cyclically Adjusted PS Ratio falls into.



Cementos Argos S.A. 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.

Cementos Argos S.A.'s Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cementos Argos S.A.'s adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.509/131.7762*131.7762
=1.509

Current CPI (Mar. 2024) = 131.7762.

Cementos Argos S.A. Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.363 100.560 4.407
201409 3.472 100.428 4.556
201412 3.610 99.070 4.802
201503 2.879 99.621 3.808
201506 3.110 100.684 4.070
201509 3.097 100.392 4.065
201512 2.816 99.792 3.719
201603 2.847 100.470 3.734
201606 2.894 101.688 3.750
201609 2.661 101.861 3.442
201612 2.397 101.863 3.101
201703 2.645 102.862 3.388
201706 2.600 103.349 3.315
201709 3.238 104.136 4.097
201712 3.035 104.011 3.845
201803 2.879 105.290 3.603
201806 3.283 106.317 4.069
201809 3.162 106.507 3.912
201812 2.832 105.998 3.521
201903 3.067 107.251 3.768
201906 3.023 108.070 3.686
201909 3.203 108.329 3.896
201912 2.903 108.420 3.528
202003 2.705 108.902 3.273
202006 2.487 108.767 3.013
202009 2.777 109.815 3.332
202012 2.828 109.897 3.391
202103 2.775 111.754 3.272
202106 2.876 114.631 3.306
202109 2.832 115.734 3.225
202112 2.750 117.630 3.081
202203 2.804 121.301 3.046
202206 3.230 125.017 3.405
202209 3.004 125.227 3.161
202212 2.810 125.222 2.957
202303 1.239 127.348 1.282
202306 3.209 128.729 3.285
202309 3.274 129.860 3.322
202312 3.133 129.419 3.190
202403 1.509 131.776 1.509

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.


Cementos Argos S.A.  (OTCPK:CMTOY) 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.


Cementos Argos S.A. Cyclically Adjusted PS Ratio Related Terms

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Cementos Argos S.A. (Cementos Argos S.A.) Business Description

Traded in Other Exchanges
Address
Carrera 53 No. 106 - 280, Centro Empresarial Buenavista, Piso 17, Barranquilla, COL
Cementos Argos S.A. is a cement producing company. In terms of the concrete business it is Colombia's leading producer and the second-largest producer in the United States. The company's corporate purpose is the exploitation of the cement industry, the production of concrete mixes and any other materials or items made of cement, lime or clay, the acquisition and exploitation of minerals or deposits of exploitable minerals in the cement industry and similar rights to explore and mine the aforementioned minerals, whether by concession, privilege, lease or other title.

Cementos Argos S.A. (Cementos Argos S.A.) Headlines

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