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Grupo MexicoB de CV (Grupo MexicoB de CV) Cyclically Adjusted PB Ratio : 2.79 (As of Apr. 27, 2024)


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What is Grupo MexicoB de CV Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Grupo MexicoB de CV's current share 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 for today is 2.79.

The historical rank and industry rank for Grupo MexicoB de CV's Cyclically Adjusted PB Ratio or its related term are showing as below:

GMBXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 2.4   Max: 4.06
Current: 2.71

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

GMBXF's Cyclically Adjusted PB Ratio is ranked worse than
79.07% of 1610 companies
in the Metals & Mining industry
Industry Median: 0.855 vs GMBXF: 2.71

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo MexicoB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grupo MexicoB de CV's Cyclically Adjusted PB 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.

Grupo MexicoB de CV Cyclically Adjusted PB Ratio Chart

Grupo MexicoB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.86 2.21 3.17 2.89 1.93

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 PB 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 1.97 1.93 2.33 2.22 2.17

Competitive Comparison of Grupo MexicoB de CV's Cyclically Adjusted PB Ratio

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 PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Grupo MexicoB de CV's Cyclically Adjusted PB Ratio for 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.

Grupo MexicoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

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.

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.


Grupo MexicoB de CV  (OTCPK:GMBXF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Grupo MexicoB de CV Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Grupo MexicoB de CV's Cyclically Adjusted PB Ratio 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

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