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Fomento Economico MexicanoB de CV (BUE:FMX) Cyclically Adjusted Book per Share : ARS2,073.98 (As of Mar. 2024)


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What is Fomento Economico MexicanoB 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.

Fomento Economico MexicanoB de CV's adjusted book value per share for the three months ended in Mar. 2024 was ARS19,356.176. 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 ARS2,073.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fomento Economico MexicanoB de CV's average Cyclically Adjusted Book Growth Rate was 111.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 58.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.50% 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 Fomento Economico MexicanoB de CV was 109.90% per year. The lowest was -28.30% per year. And the median was 4.10% per year.

As of today (2024-05-24), Fomento Economico MexicanoB de CV's current stock price is ARS24550.00. Fomento Economico MexicanoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS2,073.98. Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio of today is 11.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fomento Economico MexicanoB de CV was 19.28. The lowest was 0.06. And the median was 1.14.


Fomento Economico MexicanoB de CV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fomento Economico MexicanoB 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.

Fomento Economico MexicanoB de CV Cyclically Adjusted Book per Share Chart

Fomento Economico MexicanoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 287.16 399.62 584.09 861.64 1,579.99

Fomento Economico MexicanoB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 978.87 1,113.30 1,338.22 1,579.99 2,073.98

Competitive Comparison of Fomento Economico MexicanoB de CV's Cyclically Adjusted Book per Share

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB 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.


Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio falls into.



Fomento Economico MexicanoB 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, Fomento Economico MexicanoB de CV's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=19356.176/152.9470*152.9470
=19,356.176

Current CPI (Mar. 2024) = 152.9470.

Fomento Economico MexicanoB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 140.185 96.609 221.935
201409 143.845 97.652 225.297
201412 138.097 99.469 212.343
201503 124.044 99.973 189.773
201506 132.781 99.382 204.347
201509 136.451 100.112 208.465
201512 190.928 101.588 287.453
201603 211.690 102.573 315.651
201606 208.341 101.905 312.696
201609 223.707 103.084 331.917
201612 227.674 105.002 331.632
201703 230.185 108.063 325.791
201706 255.703 108.339 360.989
201709 322.383 109.628 449.773
201712 340.045 112.114 463.893
201803 350.067 113.505 471.713
201806 422.272 113.373 569.671
201809 649.567 115.130 862.929
201812 689.752 117.530 897.609
201903 684.676 118.050 887.076
201906 823.045 117.848 1,068.177
201909 1,023.089 118.581 1,319.586
201912 1,115.968 120.854 1,412.317
202003 1,013.756 121.885 1,272.105
202006 1,035.090 121.777 1,300.032
202009 1,153.249 123.341 1,430.068
202012 1,359.093 124.661 1,667.477
202103 1,418.656 127.574 1,700.817
202106 1,571.225 128.936 1,863.829
202109 1,699.235 130.742 1,987.836
202112 1,806.453 133.830 2,064.498
202203 1,974.836 137.082 2,203.385
202206 2,075.448 139.233 2,279.875
202209 2,489.994 142.116 2,679.766
202212 3,155.453 144.291 3,344.739
202303 4,379.087 146.472 4,572.686
202306 5,604.608 146.272 5,860.374
202309 8,441.642 148.446 8,697.582
202312 9,030.100 151.017 9,145.523
202403 19,356.176 152.947 19,356.176

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


Fomento Economico MexicanoB de CV  (BUE:FMX) 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.

Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24550.00/2073.98
=11.84

* 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 Fomento Economico MexicanoB de CV was 19.28. The lowest was 0.06. And the median was 1.14.


Be Aware

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


Fomento Economico MexicanoB de CV Cyclically Adjusted Book per Share Related Terms

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


Fomento Economico MexicanoB de CV (BUE:FMX) Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.