Cemex Price To Book Ratio from 2010 to 2024

CX Stock  USD 8.00  0.18  2.30%   
Cemex SAB Price To Book Ratio yearly trend continues to be fairly stable with very little volatility. Price To Book Ratio will likely drop to 0.97 in 2024. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter’s book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
1.01703575
Current Value
0.97
Quarterly Volatility
9.93389231
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cemex SAB financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cemex main balance sheet or income statement drivers, such as Depreciation And Amortization of 1 B, Interest Expense of 546.2 M or Selling General Administrative of 2.2 B, as well as many exotic indicators such as Price To Sales Ratio of 0.61, Dividend Yield of 0.0248 or PTB Ratio of 0.97. Cemex financial statements analysis is a perfect complement when working with Cemex SAB Valuation or Volatility modules.
  
This module can also supplement Cemex SAB's financial leverage analysis and stock options assessment as well as various Cemex SAB Technical models . Check out the analysis of Cemex SAB Correlation against competitors.

Latest Cemex SAB's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Cemex SAB de over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter’s book value per share. Cemex SAB's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cemex SAB's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Slightly volatile
   Price To Book Ratio   
       Timeline  

Cemex Price To Book Ratio Regression Statistics

Arithmetic Mean10.27
Geometric Mean4.64
Coefficient Of Variation96.77
Mean Deviation8.61
Median6.75
Standard Deviation9.93
Sample Variance98.68
Range28.8195
R-Value(0.48)
Mean Square Error81.99
R-Squared0.23
Significance0.07
Slope(1.06)
Total Sum of Squares1,382

Cemex Price To Book Ratio History

2024 0.97
2023 1.02
2022 0.56
2021 1.01
2020 0.94
2019 0.61
2018 15.22

About Cemex SAB Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cemex SAB income statement, its balance sheet, and the statement of cash flows. Cemex SAB investors use historical funamental indicators, such as Cemex SAB's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Cemex SAB investors may use each financial statement separately, they are all related. The changes in Cemex SAB's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cemex SAB's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cemex SAB Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cemex SAB. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 1.02  0.97 

Pair Trading with Cemex SAB

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cemex SAB position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cemex SAB will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cemex Stock

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Moving against Cemex Stock

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The ability to find closely correlated positions to Cemex SAB could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cemex SAB when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cemex SAB - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cemex SAB de to buy it.
The correlation of Cemex SAB is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cemex SAB moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cemex SAB de moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cemex SAB can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cemex SAB de offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cemex SAB's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cemex Sab De Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cemex Sab De Stock:
Check out the analysis of Cemex SAB Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Cemex Stock analysis

When running Cemex SAB's price analysis, check to measure Cemex SAB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cemex SAB is operating at the current time. Most of Cemex SAB's value examination focuses on studying past and present price action to predict the probability of Cemex SAB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cemex SAB's price. Additionally, you may evaluate how the addition of Cemex SAB to your portfolios can decrease your overall portfolio volatility.
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Is Cemex SAB's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cemex SAB. If investors know Cemex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cemex SAB listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.134
Earnings Share
0.14
Revenue Per Share
11.92
Quarterly Revenue Growth
0.025
Return On Assets
0.0468
The market value of Cemex SAB de is measured differently than its book value, which is the value of Cemex that is recorded on the company's balance sheet. Investors also form their own opinion of Cemex SAB's value that differs from its market value or its book value, called intrinsic value, which is Cemex SAB's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cemex SAB's market value can be influenced by many factors that don't directly affect Cemex SAB's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cemex SAB's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cemex SAB is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cemex SAB's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.