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Bolsa Mexicana de ValoresB de CV (FRA:BC51) Cyclically Adjusted Book per Share : €0.72 (As of Jun. 2023)


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What is Bolsa Mexicana de ValoresB 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.

Bolsa Mexicana de ValoresB de CV's adjusted book value per share for the three months ended in Jun. 2023 was €0.637. 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 €0.72 for the trailing ten years ended in Jun. 2023.

During the past 12 months, Bolsa Mexicana de ValoresB de CV's average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% 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 Bolsa Mexicana de ValoresB de CV was 4.80% per year. The lowest was 3.20% per year. And the median was 4.00% per year.

As of today (2024-05-22), Bolsa Mexicana de ValoresB de CV's current stock price is €1.74. Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was €0.72. Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio of today is 2.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bolsa Mexicana de ValoresB de CV was 4.36. The lowest was 2.12. And the median was 3.15.


Bolsa Mexicana de ValoresB de CV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bolsa Mexicana de ValoresB 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.

Bolsa Mexicana de ValoresB de CV Cyclically Adjusted Book per Share Chart

Bolsa Mexicana de ValoresB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.54 0.49 0.53 0.65

Bolsa Mexicana de ValoresB de CV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.62 0.67 0.65 0.68 0.72

Competitive Comparison of Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted Book per Share

For the Financial Data & Stock Exchanges subindustry, Bolsa Mexicana de ValoresB 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.


Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio falls into.



Bolsa Mexicana de ValoresB 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, Bolsa Mexicana de ValoresB de CV's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book= Book Value per Share /CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.637/146.2719*146.2719
=0.637

Current CPI (Jun. 2023) = 146.2719.

Bolsa Mexicana de ValoresB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.513 93.700 0.801
201312 0.522 95.568 0.799
201403 0.535 96.932 0.807
201406 0.504 96.609 0.763
201409 0.533 97.652 0.798
201412 0.502 99.469 0.738
201503 0.573 99.973 0.838
201506 0.501 99.382 0.737
201509 0.478 100.112 0.698
201512 0.488 101.588 0.703
201603 0.000 102.573 0.000
201606 0.426 101.905 0.611
201609 0.423 103.084 0.600
201612 0.442 105.002 0.616
201703 0.501 108.063 0.678
201706 0.456 108.339 0.616
201709 0.452 109.628 0.603
201712 0.444 112.114 0.579
201803 0.485 113.505 0.625
201806 0.434 113.373 0.560
201809 0.482 115.130 0.612
201812 0.499 117.530 0.621
201903 0.534 118.050 0.662
201906 0.480 117.848 0.596
201909 0.508 118.581 0.627
201912 0.548 120.854 0.663
202003 0.476 121.885 0.571
202006 0.429 121.777 0.515
202009 0.451 123.341 0.535
202012 0.506 124.661 0.594
202103 0.528 127.574 0.605
202106 0.473 128.936 0.537
202109 0.494 130.742 0.553
202112 0.547 133.830 0.598
202203 0.613 137.082 0.654
202206 0.557 139.233 0.585
202209 0.619 142.116 0.637
202212 0.626 144.291 0.635
202303 0.703 146.472 0.702
202306 0.637 146.272 0.637

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


Bolsa Mexicana de ValoresB de CV  (FRA:BC51) 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.

Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.74/0.72
=2.42

* 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 Bolsa Mexicana de ValoresB de CV was 4.36. The lowest was 2.12. And the median was 3.15.


Be Aware

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


Bolsa Mexicana de ValoresB de CV Cyclically Adjusted Book per Share Related Terms

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


Bolsa Mexicana de ValoresB de CV (FRA:BC51) Business Description

Traded in Other Exchanges
Address
Avenida Paseo de la Reforma 255, Colonia Cuauhtemoc, Mexico, DF, MEX, 06500
Bolsa Mexicana de Valores SAB de CV or Grupo BMV is a public securities exchange operating in Mexico but with listings from both Mexican and foreign issuers. Its services include trading, listing, custody, clearing, and settlement, as well as counterparty services and data sales. The company's largest sources of revenue include cash equities, derivatives, over-the-counter activity, issuers, custody, and information services. Much of the company's revenue is driven by trading volume. The company's largest costs are personnel and technology-related. As with most exchanges, Grupo BMV heavily relies on technology to deliver its services.

Bolsa Mexicana de ValoresB de CV (FRA:BC51) Headlines

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