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Dangote Cement (NSA:DCP) Cyclically Adjusted PS Ratio : (As of May. 14, 2024)


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What is Dangote Cement Cyclically Adjusted PS Ratio?

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
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 4.50 4.56 5.13 4.61 -

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 Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Dangote Cement'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)
=48.791/129.4194*129.4194
=48.791

Current CPI (Mar. 2024) = 129.4194.

Dangote Cement Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 6.182 100.560 7.956
201409 5.945 100.428 7.661
201412 4.778 99.070 6.242
201503 6.733 99.621 8.747
201506 7.481 100.684 9.616
201509 7.232 100.392 9.323
201512 7.410 99.792 9.610
201603 8.246 100.470 10.622
201606 8.900 101.688 11.327
201609 8.796 101.861 11.176
201612 10.153 101.863 12.900
201703 12.216 102.862 15.370
201706 12.001 103.349 15.028
201709 11.202 104.136 13.922
201712 11.854 104.011 14.750
201803 14.208 105.290 17.464
201806 14.103 106.317 17.168
201809 11.904 106.507 14.465
201812 12.671 105.998 15.471
201903 14.093 107.251 17.006
201906 13.354 108.070 15.992
201909 12.444 108.329 14.867
201912 12.434 108.420 14.842
202003 14.622 108.902 17.377
202006 13.360 108.767 15.897
202009 16.700 109.815 19.681
202012 16.009 109.897 18.853
202103 19.568 111.754 22.661
202106 21.053 114.631 23.769
202109 19.508 115.734 21.815
202112 21.262 117.630 23.393
202203 24.447 121.301 26.083
202206 23.382 125.017 24.205
202209 21.869 125.227 22.601
202212 26.144 125.222 27.020
202303 24.103 127.348 24.495
202306 32.245 128.729 32.418
202309 33.476 129.860 33.363
202312 41.405 129.419 41.405
202403 48.791 129.419 48.791

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

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Dangote Cement (NSA:DCP) 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.

Dangote Cement (NSA:DCP) Headlines