FMX (Fomento Economico MexicanoB de CV) Cyclically Adjusted Book per Share: $ (As of Jun. 2026)

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FMX Fomento Economico Mexicano SAB de CV FMX
90 GF Score
Price $118.72
GF Value $132.66
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Fomento Economico MexicanoB de CV Cyclically Adjusted Book per Share?

Fomento Economico MexicanoB de CV FMX -1.39% 90 Cyclically Adjusted Book per Share is $ as of Jun. 2026. GuruFocus rates FMX with a GF Score™ of 90/100 and a GF Value™ of $132.66 (Modestly Undervalued). The stock has 4 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 Jun. 2026 was $87.415. 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 $ for the trailing ten years ended in Jun. 2026.

During the past 12 months, Fomento Economico MexicanoB de CV's average Cyclically Adjusted Book Growth Rate was 1.40% 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 (2026-09-20), Fomento Economico MexicanoB de CV's current stock price is $118.72. Fomento Economico MexicanoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $. Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio of today is .

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  (NYSE: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.

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
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Fomento Economico MexicanoB de CV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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FMX vs 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.


FMX
90GF Score
Fomento Economico Mexicano SAB de CV FMX
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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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 Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=87.415/165.5700*165.5700
=87.415

Current CPI (Jun. 2026) = 165.5700.

Fomento Economico MexicanoB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201609 64.039 103.084 102.857
201612 64.274 105.002 101.349
201703 67.679 108.063 103.695
201706 70.273 108.339 107.396
201709 79.808 109.628 120.534
201712 79.677 112.114 117.667
201803 79.218 113.505 115.556
201806 76.440 113.373 111.633
201809 79.904 115.130 114.911
201812 78.837 117.530 111.062
201903 76.724 118.050 107.609
201906 79.424 117.848 111.587
201909 78.965 118.581 110.255
201912 79.938 120.854 109.515
202003 68.606 121.885 93.195
202006 64.783 121.777 88.080
202009 66.935 123.341 89.852
202012 71.335 124.661 94.745
202103 67.805 127.574 88.000
202106 71.050 128.936 91.237
202109 130.742 0.000
202112 75.769 133.830 93.739
202203 77.635 137.082 93.769
202206 73.582 139.233 87.501
202209 76.049 142.116 88.600
202212 80.208 144.291 92.036
202303 92.547 146.472 104.614
202306 97.587 146.272 110.462
202309 100.085 148.446 111.630
202312 103.384 151.017 113.347
202403 96.703 152.947 104.684
202406 92.429 153.551 99.664
202409 89.053 155.246 94.975
202412 89.025 157.378 93.659
202503 93.305 158.761 97.307
202506 84.249 160.180 87.084
202509 88.305 161.030 90.795
202512 90.901 163.190 92.227
202603 81.739 166.040 81.508
202606 87.415 165.570 87.415

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 $ mean?
Fomento Economico MexicanoB de CV (FMX) has a Cyclically Adjusted Book per Share of $ as of Jun. 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 $. Overall, Fomento Economico MexicanoB de CV has a GF Score™ of 90/100 and is considered Modestly Undervalued, 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 STZ and TAP?
Fomento Economico MexicanoB de CV's Cyclically Adjusted Book per Share of $ 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 $. 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 (FMX) is currently considered Modestly Undervalued. The stock's GF Value™ is $132.66, compared to a current price of $118.72 — trading 10.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is $. Fomento Economico MexicanoB de CV's overall GF Score™ is 90/100 with 4 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 (FMX), the current Cyclically Adjusted Book per Share is $ as of Jun. 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 (FMX) Overvalued in 2026?

Based on GuruFocus' analysis, Fomento Economico MexicanoB de CV stock appears to be undervalued. The current stock price of $118.72 is trading 10.5% below its estimated GF Value™ of $132.66. GuruFocus considers Fomento Economico MexicanoB de CV to be Modestly Undervalued.

Key valuation signals for FMX:

  • Cyclically Adjusted Book per Share: $
  • GF Value™: $132.66 vs. price of $118.72 (10.5% below fair value)
  • GF Score™: 90/100 with 4 warning signs

No single metric tells the full story. See the 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.
90GF Score

Get the complete analysis for FMX

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

$118.72
Price
$132.66
GF Value