Fomento Economico MexicanoB de CV (BUE:FMX) Cyclically Adjusted Book per Share: ARS12,271.67 (As of Mar. 2026)


BUE:FMX Fomento Economico Mexicano SAB de CV BUE:FMX
84 GF Score
Price ARS33,540.00
GF Value ARS33,517.36
Valuation Fairly Valued
! 7 Warning Signs
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What is Fomento Economico MexicanoB de CV Cyclically Adjusted Book per Share?

Fomento Economico MexicanoB de CV BUE:FMX 84 Cyclically Adjusted Book per Share is ARS12,271.67 as of Mar. 2026. GuruFocus rates BUE:FMX with a GF Score™ of 84/100 and a GF Value™ of ARS33,517.36 (Fairly Valued). The stock has 7 warning signs investors should review.

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. 2026 was ARS119,451.437. 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 ARS12,271.67 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Fomento Economico MexicanoB de CV's average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.30% 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 13.60% per year. The lowest was -15.50% per year. And the median was 6.50% per year.

As of today (2026-07-12), Fomento Economico MexicanoB de CV's current stock price is ARS33540.00. Fomento Economico MexicanoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ARS12,271.67. Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio of today is 2.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fomento Economico MexicanoB de CV was 4.73. The lowest was 1.65. And the median was 2.43.


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
=33540.00/12271.67
=2.73

* 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 4.73. The lowest was 1.65. And the median was 2.43.


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


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

* Premium members only.

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.

Fomento Economico MexicanoB de CV Cyclically Adjusted Book per Share Chart

Fomento Economico MexicanoB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,524.38 2,248.32 7,639.52 8,126.19 12,434.18

Fomento Economico MexicanoB de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 9,409.96 9,419.87 12,307.38 12,434.18 12,271.67

BUE:FMX vs BUD, STZ, TAP: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


BUE:FMX
84GF Score
Fomento Economico Mexicano SAB de CV BUE:FMX
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=119451.437/166.0400*166.0400
=119,451.437

Current CPI (Mar. 2026) = 166.0400.

Fomento Economico MexicanoB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,041.705 101.905 1,697.320
201609 1,118.534 103.084 1,801.653
201612 1,138.371 105.002 1,800.110
201703 1,150.925 108.063 1,768.403
201706 1,278.515 108.339 1,959.457
201709 1,611.916 109.628 2,441.381
201712 1,700.227 112.114 2,518.028
201803 1,750.336 113.505 2,560.471
201806 2,111.359 113.373 3,092.188
201809 3,247.837 115.130 4,684.005
201812 3,448.761 117.530 4,872.243
201903 3,423.382 118.050 4,815.073
201906 4,115.225 117.848 5,798.088
201909 5,115.443 118.581 7,162.744
201912 5,579.839 120.854 7,666.087
202003 5,068.779 121.885 6,905.017
202006 5,175.450 121.777 7,056.607
202009 5,766.247 123.341 7,762.444
202012 6,795.467 124.661 9,051.109
202103 7,093.281 127.574 9,232.077
202106 7,856.125 128.936 10,116.911
202109 8,496.175 130.742 10,790.023
202112 9,032.267 133.830 11,206.148
202203 9,874.182 137.082 11,960.027
202206 10,377.242 139.233 12,375.216
202209 12,449.969 142.116 14,545.834
202212 15,777.265 144.291 18,155.324
202303 21,895.436 146.472 24,820.652
202306 28,023.042 146.272 31,810.251
202309 42,208.210 148.446 47,210.683
202312 45,150.499 151.017 49,642.118
202403 96,780.878 152.947 105,065.787
202406 99,296.228 153.551 107,372.791
202409 102,107.522 155.246 109,207.031
202412 100,660.447 157.378 106,200.744
202503 115,683.176 158.761 120,987.338
202506 110,010.493 160.180 114,035.171
202509 130,587.411 161.030 134,650.275
202512 143,847.441 163.190 146,359.637
202603 119,451.437 166.040 119,451.437

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

What does a Cyclically Adjusted Book per Share of ARS12,271.67 mean?
Fomento Economico MexicanoB de CV (BUE:FMX) has a Cyclically Adjusted Book per Share of ARS12,271.67 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Fomento Economico MexicanoB de CV and its competitors.
Is Fomento Economico MexicanoB de CV's Cyclically Adjusted Book per Share too high?
Fomento Economico MexicanoB de CV's current Cyclically Adjusted Book per Share is ARS12,271.67. Overall, Fomento Economico MexicanoB de CV has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fomento Economico MexicanoB de CV's Cyclically Adjusted Book per Share compare to BUD and STZ?
Fomento Economico MexicanoB de CV's Cyclically Adjusted Book per Share of ARS12,271.67 can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Beverages - Alcoholic company?
A good Cyclically Adjusted Book per Share depends on the Beverages - Alcoholic industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Fomento Economico MexicanoB de CV and its competitors. Fomento Economico MexicanoB de CV's current Cyclically Adjusted Book per Share is ARS12,271.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fomento Economico MexicanoB de CV stock overvalued right now?
Based on GuruFocus' analysis, Fomento Economico MexicanoB de CV (BUE:FMX) is currently considered Fairly Valued. The stock's GF Value™ is ARS33,517.36, compared to a current price of ARS33,540.00 — trading 0.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is ARS12,271.67. Fomento Economico MexicanoB de CV's overall GF Score™ is 84/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Fomento Economico MexicanoB de CV (BUE:FMX), the current Cyclically Adjusted Book per Share is ARS12,271.67 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Fomento Economico MexicanoB de CV (BUE:FMX) Overvalued in 2026?

Based on GuruFocus' analysis, Fomento Economico MexicanoB de CV stock appears to be overvalued. The current stock price of ARS33,540.00 is trading 0.1% above its estimated GF Value™ of ARS33,517.36. GuruFocus considers Fomento Economico MexicanoB de CV to be Fairly Valued.

Key valuation signals for BUE:FMX:

  • Cyclically Adjusted Book per Share: ARS12,271.67
  • GF Value™: ARS33,517.36 vs. price of ARS33,540.00 (0.1% above fair value)
  • GF Score™: 84/100 with 7 warning signs

No single metric tells the full story. See the BUE:FMX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fomento Economico MexicanoB de CV 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 divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up over 70% of total company revenue and over 90% of profits in 2025.
84GF Score

Get the complete analysis for BUE:FMX

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS33,540.00
Price
ARS33,517.36
GF Value