CPAC vs. PAA
CPAC (Cementos Pacasmayo S.A.A.) and PAA (Plains All American Pipeline, L.P.) are both stocks. CPAC operates in Building Materials (Basic Materials), while PAA operates in Oil & Gas Midstream (Energy). Over the past 10 years, CPAC returned 10.92%/yr vs 5.60%/yr for PAA. At a 0.07 correlation, their price movements are largely independent.
Performance
CPAC vs. PAA - Performance Comparison
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Returns By Period
In the year-to-date period, CPAC achieves a 15.26% return, which is significantly lower than PAA's 26.94% return. Over the past 10 years, CPAC has outperformed PAA with an annualized return of 10.92%, while PAA has yielded a comparatively lower 5.60% annualized return.
CPAC
- 1D
- 0.50%
- 1M
- 11.62%
- YTD
- 15.26%
- 6M
- 17.63%
- 1Y
- 124.17%
- 3Y*
- 45.62%
- 5Y*
- 22.72%
- 10Y*
- 10.92%
PAA
- 1D
- 2.00%
- 1M
- -9.28%
- YTD
- 26.94%
- 6M
- 28.15%
- 1Y
- 30.43%
- 3Y*
- 27.64%
- 5Y*
- 23.13%
- 10Y*
- 5.60%
CPAC vs. PAA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CPAC Cementos Pacasmayo S.A.A. | 15.26% | 117.33% | 10.95% | 10.54% | -8.94% | -4.24% | -16.22% | 2.81% | -19.45% | 40.23% |
PAA Plains All American Pipeline, L.P. | 26.94% | 14.30% | 21.38% | 39.18% | 35.79% | 22.24% | -50.79% | -2.28% | 2.31% | -31.34% |
Correlation
The correlation between CPAC and PAA is -0.05, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.05 |
Correlation (3Y) Calculated over the trailing 3-year period | -0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.06 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.06 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2012 | 0.07 |
The correlation between CPAC and PAA shifts across timeframes, from -0.05 (1 year) to 0.07 (all time), reflecting how their relationship changes across market environments.
Fundamentals
CPAC:
$1.04B
PAA:
$15.47B
CPAC:
PEN 2.10
PAA:
$2.19
CPAC:
19.32
PAA:
10.00
CPAC:
88.55
PAA:
0.19
CPAC:
1.63
PAA:
0.34
CPAC:
2.75
PAA:
1.21
CPAC:
PEN 2.17B
PAA:
$45.25B
CPAC:
PEN 856.43M
PAA:
$1.55B
CPAC:
PEN 667.67M
PAA:
$2.54B
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Return for Risk
CPAC vs. PAA — Risk / Return Rank
CPAC
PAA
CPAC vs. PAA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cementos Pacasmayo S.A.A. (CPAC) and Plains All American Pipeline, L.P. (PAA). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| CPAC | PAA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.35 | ||
| Sortino ratioReturn per unit of downside risk | +2.38 | ||
| Omega ratioGain probability vs. loss probability | 1.62 | 1.28 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 8.15 | 2.10 | +6.05 |
| Martin ratioReturn relative to average drawdown | 30.10 | 5.74 | +24.36 |
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Drawdowns
CPAC vs. PAA - Drawdown Comparison
The maximum CPAC drawdown since its inception was -59.46%, smaller than the maximum PAA drawdown of -91.99%. Use the drawdown chart below to compare losses from any high point for CPAC and PAA.
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Drawdown Indicators
| CPAC | PAA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.46% | -91.99% | +32.53% |
Max Drawdown (1Y)Largest decline over 1 year | -15.32% | -14.53% | -0.79% |
Max Drawdown (3Y)Largest decline over 3 years | -21.41% | -22.26% | +0.85% |
Max Drawdown (5Y)Largest decline over 5 years | -36.68% | -22.51% | -14.17% |
Max Drawdown (10Y)Largest decline over 10 years | -56.60% | -87.92% | +31.32% |
Current DrawdownCurrent decline from peak | -5.43% | -12.15% | +6.72% |
Average DrawdownAverage peak-to-trough decline | -28.52% | -25.74% | -2.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.14% | 5.32% | -1.18% |
Volatility
CPAC vs. PAA - Volatility Comparison
Cementos Pacasmayo S.A.A. (CPAC) has a higher volatility of 14.84% compared to Plains All American Pipeline, L.P. (PAA) at 6.59%. This indicates that CPAC's price experiences larger fluctuations and is considered to be riskier than PAA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CPAC | PAA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 14.84% | 6.59% | +8.25% |
Volatility (6M)Calculated over the trailing 6-month period | 26.47% | 14.35% | +12.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 61.85% | 18.38% | +43.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 39.05% | 26.58% | +12.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 37.78% | 41.79% | -4.01% |
Dividends
CPAC vs. PAA - Dividend Comparison
CPAC's dividend yield for the trailing twelve months is around 5.01%, less than PAA's 7.28% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPAC Cementos Pacasmayo S.A.A. | 5.01% | 5.78% | 10.37% | 10.51% | 10.22% | 16.01% | 4.28% | 5.76% | 5.56% | 4.01% | 4.12% | 5.12% |
PAA Plains All American Pipeline, L.P. | 7.28% | 8.46% | 7.44% | 7.06% | 7.08% | 7.71% | 10.92% | 7.50% | 5.99% | 9.45% | 8.21% | 11.93% |
Financials
CPAC vs. PAA - Financials Comparison
This section allows you to compare key financial metrics between Cementos Pacasmayo S.A.A. and Plains All American Pipeline, L.P.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
CPAC vs. PAA - Profitability Comparison
CPAC - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Cementos Pacasmayo S.A.A. reported a gross profit of 234.39M and revenue of 555.67M. Therefore, the gross margin over that period was 42.2%.
PAA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Plains All American Pipeline, L.P. reported a gross profit of 0.00 and revenue of 12.47B. Therefore, the gross margin over that period was 0.0%.
CPAC - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Cementos Pacasmayo S.A.A. reported an operating income of 139.69M and revenue of 555.67M, resulting in an operating margin of 25.1%.
PAA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Plains All American Pipeline, L.P. reported an operating income of 405.00M and revenue of 12.47B, resulting in an operating margin of 3.3%.
CPAC - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Cementos Pacasmayo S.A.A. reported a net income of 81.95M and revenue of 555.67M, resulting in a net margin of 14.8%.
PAA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Plains All American Pipeline, L.P. reported a net income of 551.00M and revenue of 12.47B, resulting in a net margin of 4.4%.
Frequently Asked Questions
CPAC and PAA have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CPAC has higher volatility (14.84%) compared to PAA (6.59%). In terms of maximum drawdown, CPAC dropped -59.46% vs PAA's -91.99%.
CPAC currently has the higher Sharpe Ratio (2.02 vs 1.67), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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