GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grupo Mexico SAB de CV (OTCPK:GMBXF) » Definitions » Cyclically Adjusted Book per Share

Grupo MexicoB de CV (Grupo MexicoB de CV) Cyclically Adjusted Book per Share : $2.20 (As of Sep. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Grupo MexicoB de CV Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Grupo MexicoB de CV's adjusted book value per share for the three months ended in Sep. 2023 was $2.405. 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 $2.20 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Grupo MexicoB de CV's average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Grupo MexicoB de CV was 14.80% per year. The lowest was 12.40% per year. And the median was 13.00% per year.

As of today (2024-04-27), Grupo MexicoB de CV's current stock price is $6.14. Grupo MexicoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $2.20. Grupo MexicoB de CV's Cyclically Adjusted PB Ratio of today is 2.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo MexicoB de CV was 4.06. The lowest was 1.70. And the median was 2.40.


Grupo MexicoB de CV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grupo MexicoB de CV's Cyclically Adjusted Book per Share 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.

Grupo MexicoB de CV Cyclically Adjusted Book per Share Chart

Grupo MexicoB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.24 1.34 1.51 1.84

Grupo MexicoB de CV Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted Book per Share 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 1.75 1.84 2.04 2.19 2.20

Competitive Comparison of Grupo MexicoB de CV's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Grupo MexicoB de CV'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.


Grupo MexicoB de CV's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Grupo MexicoB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grupo MexicoB de CV's Cyclically Adjusted PB Ratio falls into.



Grupo MexicoB de CV Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Grupo MexicoB de CV's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=2.405/148.4463*148.4463
=2.405

Current CPI (Sep. 2023) = 148.4463.

Grupo MexicoB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201312 1.259 95.568 1.956
201403 1.272 96.932 1.948
201406 1.330 96.609 2.044
201409 1.331 97.652 2.023
201412 1.308 99.469 1.952
201503 1.298 99.973 1.927
201506 1.322 99.382 1.975
201509 1.301 100.112 1.929
201512 1.288 101.588 1.882
201603 1.300 102.573 1.881
201606 1.318 101.905 1.920
201609 1.332 103.084 1.918
201612 1.363 105.002 1.927
201703 1.403 108.063 1.927
201706 1.433 108.339 1.964
201709 1.475 109.628 1.997
201712 1.543 112.114 2.043
201803 1.533 113.505 2.005
201806 1.545 113.373 2.023
201809 1.536 115.130 1.980
201812 1.577 117.530 1.992
201903 1.523 118.050 1.915
201906 1.599 117.848 2.014
201909 1.509 118.581 1.889
201912 1.695 120.854 2.082
202003 1.479 121.885 1.801
202006 1.651 121.777 2.013
202009 1.692 123.341 2.036
202012 1.824 124.661 2.172
202103 1.744 127.574 2.029
202106 1.968 128.936 2.266
202109 2.000 130.742 2.271
202112 2.051 133.830 2.275
202203 2.101 137.082 2.275
202206 2.122 139.233 2.262
202209 2.118 142.116 2.212
202212 2.215 144.291 2.279
202303 2.308 146.472 2.339
202306 2.356 146.272 2.391
202309 2.405 148.446 2.405

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Grupo MexicoB de CV  (OTCPK:GMBXF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Grupo MexicoB de CV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.14/2.2
=2.79

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo MexicoB de CV was 4.06. The lowest was 1.70. And the median was 2.40.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Grupo MexicoB de CV Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Grupo MexicoB de CV's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Grupo MexicoB de CV (Grupo MexicoB de CV) Business Description

Traded in Other Exchanges
Address
Campos Eliieos No. 400, Col. lomas de chapultepec, Mexico, DF, MEX, C.P. 11000
Grupo Mexico SAB de CV is a holding company that operates in the mining-metallurgic industry, the exploration, exploitation, and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. The majority of the group's revenue is generated by the mining division, through its subsidiary AMC. The company has 14 mines and exploration projects in Mexico, Peru, the United States of America, Chile, Ecuador, and Argentina, and its products include copper, molybdenum, silver, zinc, gold, and lead. The company also has a transportation division comprised of three large railroad companies through its subsidiary FM Rail Holding. Together, they form the largest railroad operator in Mexico, both in terms of coverage and fleet size.

Grupo MexicoB de CV (Grupo MexicoB de CV) Headlines

From GuruFocus

Grupo Mexico SAB de CV's Dividend Analysis

By GuruFocus Research 11-21-2023