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Fomento Economico MexicanoB de CV (BUE:FMX) Cyclically Adjusted PB Ratio : 11.74 (As of May. 23, 2024)


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What is Fomento Economico MexicanoB de CV Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Fomento Economico MexicanoB de CV's current share price is ARS24355.50. 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 for today is 11.74.

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

BUE:FMX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 1.14   Max: 19.28
Current: 11.74

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

BUE:FMX's Cyclically Adjusted PB Ratio is ranked worse than
91.98% of 162 companies
in the Beverages - Alcoholic industry
Industry Median: 1.99 vs BUE:FMX: 11.74

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fomento Economico MexicanoB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fomento Economico MexicanoB 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.

Fomento Economico MexicanoB de CV Cyclically Adjusted PB Ratio Chart

Fomento Economico MexicanoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.94 13.04 13.45 5.21 13.17

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 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 6.57 8.34 11.22 13.17 11.32

Competitive Comparison of Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24355.50/2073.98
=11.74

* 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.

Fomento Economico MexicanoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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.

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.


Fomento Economico MexicanoB de CV  (BUE:FMX) 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.


Fomento Economico MexicanoB de CV Cyclically Adjusted PB Ratio Related Terms

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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.