Koninklijke Ahold Delhaize NV (MEX:AD N) Cyclically Adjusted Book per Share: MXN342.31 (As of Mar. 2026)


MEX:AD N Koninklijke Ahold Delhaize NV MEX:AD N
70 GF Score
Price MXN732.94
GF Value MXN730.26
Valuation Fairly Valued
! 3 Warning Signs
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What is Koninklijke Ahold Delhaize NV Cyclically Adjusted Book per Share?

Koninklijke Ahold Delhaize NV MEX:AD N 70 Cyclically Adjusted Book per Share is MXN342.31 as of Mar. 2026. GuruFocus rates MEX:AD N with a GF Score™ of 70/100 and a GF Value™ of MXN730.26 (Fairly Valued). The stock has 3 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.

Koninklijke Ahold Delhaize NV's adjusted book value per share for the three months ended in Mar. 2026 was MXN350.119. 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 MXN342.31 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Koninklijke Ahold Delhaize NV's average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.50% 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 Koninklijke Ahold Delhaize NV was 11.50% per year. The lowest was 8.00% per year. And the median was 11.00% per year.

As of today (2026-07-02), Koninklijke Ahold Delhaize NV's current stock price is MXN732.94. Koninklijke Ahold Delhaize NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN342.31. Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio of today is 2.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Koninklijke Ahold Delhaize NV was 3.23. The lowest was 1.89. And the median was 2.41.


Koninklijke Ahold Delhaize NV  (MEX:AD N) 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.

Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=732.94/342.31
=2.14

* 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 Koninklijke Ahold Delhaize NV was 3.23. The lowest was 1.89. And the median was 2.41.


Be Aware

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


Koninklijke Ahold Delhaize NV Cyclically Adjusted Book per Share Related Terms


Koninklijke Ahold Delhaize NV Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Koninklijke Ahold Delhaize NV'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.

Koninklijke Ahold Delhaize NV Cyclically Adjusted Book per Share Chart

Koninklijke Ahold Delhaize NV 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 243.33 261.47 254.25 326.51 334.06

Koninklijke Ahold Delhaize NV 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 328.90 360.04 350.80 334.06 342.31

MEX:AD N vs KR, SFM: Cyclically Adjusted Book per Share Comparison

For the Grocery Stores subindustry, Koninklijke Ahold Delhaize NV'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.


Koninklijke Ahold Delhaize NV Cyclically Adjusted PB Ratio vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio falls into.


MEX:AD N
70GF Score
Koninklijke Ahold Delhaize NV MEX:AD N
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Koninklijke Ahold Delhaize NV 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, Koninklijke Ahold Delhaize NV'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)
=350.119/135.2700*135.2700
=350.119

Current CPI (Mar. 2026) = 135.2700.

Koninklijke Ahold Delhaize NV Quarterly Data

Book Value per Share CPI Adj_Book
201606 120.186 100.260 162.154
201609 259.323 100.570 348.798
201612 278.217 100.710 373.691
201703 258.777 101.440 345.079
201706 244.285 101.370 325.978
201709 258.551 102.030 342.783
201712 276.252 101.970 366.467
201803 276.849 102.470 365.467
201806 284.525 103.100 373.305
201809 275.946 103.950 359.088
201812 280.755 103.970 365.276
201903 285.152 105.370 366.067
201906 280.683 105.840 358.730
201909 275.898 106.700 349.772
201912 271.258 106.800 343.568
202003 344.968 106.850 436.723
202006 349.310 107.510 439.505
202009 327.023 107.880 410.052
202012 287.333 107.850 360.385
202103 308.650 108.870 383.495
202106 301.758 109.670 372.197
202109 309.853 110.790 378.318
202112 314.460 114.010 373.099
202203 314.903 119.460 356.579
202206 324.593 119.050 368.817
202209 321.973 126.890 343.237
202212 325.525 124.940 352.439
202303 310.871 124.720 337.167
202306 290.518 125.830 312.313
202309 298.513 127.160 317.552
202312 288.711 126.450 308.849
202403 293.125 128.580 308.376
202406 320.886 129.910 334.126
202409 340.532 131.610 350.002
202412 369.414 131.630 379.630
202503 374.696 133.330 380.148
202506 339.325 133.960 342.643
202509 332.753 135.920 331.162
202512 337.461 135.270 337.461
202603 350.119 135.270 350.119

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 MXN342.31 mean?
Koninklijke Ahold Delhaize NV (MEX:AD N) has a Cyclically Adjusted Book per Share of MXN342.31 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 Koninklijke Ahold Delhaize NV and its competitors.
Is Koninklijke Ahold Delhaize NV's Cyclically Adjusted Book per Share too high?
Koninklijke Ahold Delhaize NV's current Cyclically Adjusted Book per Share is MXN342.31. Overall, Koninklijke Ahold Delhaize NV has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Koninklijke Ahold Delhaize NV's Cyclically Adjusted Book per Share compare to KR and SFM?
Koninklijke Ahold Delhaize NV's Cyclically Adjusted Book per Share of MXN342.31 can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good Cyclically Adjusted Book per Share depends on the Retail - Defensive 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 Koninklijke Ahold Delhaize NV and its competitors. Koninklijke Ahold Delhaize NV's current Cyclically Adjusted Book per Share is MXN342.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koninklijke Ahold Delhaize NV stock overvalued right now?
Based on GuruFocus' analysis, Koninklijke Ahold Delhaize NV (MEX:AD N) is currently considered Fairly Valued. The stock's GF Value™ is MXN730.26, compared to a current price of MXN732.94 — trading 0.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN342.31. Koninklijke Ahold Delhaize NV's overall GF Score™ is 70/100 with 3 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 Koninklijke Ahold Delhaize NV (MEX:AD N), the current Cyclically Adjusted Book per Share is MXN342.31 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 Koninklijke Ahold Delhaize NV (MEX:AD N) Overvalued in 2026?

Based on GuruFocus' analysis, Koninklijke Ahold Delhaize NV stock appears to be overvalued. The current stock price of MXN732.94 is trading 0.4% above its estimated GF Value™ of MXN730.26. GuruFocus considers Koninklijke Ahold Delhaize NV to be Fairly Valued.

Key valuation signals for MEX:AD N:

  • Cyclically Adjusted Book per Share: MXN342.31
  • GF Value™: MXN730.26 vs. price of MXN732.94 (0.4% above fair value)
  • GF Score™: 70/100 with 3 warning signs

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


Koninklijke Ahold Delhaize NV Business Description

Address Provincialeweg 11, Zaandam, NH, NLD, 1506 MA
Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming the seventh-largest grocer in the US and a top player in several parts of Europe. The US is its largest market, accounting for over 60% of group sales, and the network stretches from Maine to Georgia, including banners Stop & Shop, The Giant Company, Giant Food, Food Lion, and Hannaford. The Europe segment accounts for the rest of the revenue, with the firm operating in the Netherlands, Belgium, Greece, Romania, Serbia, and Luxembourg.
70GF Score

Get the complete analysis for MEX:AD N

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

MXN732.94
Price
MXN730.26
GF Value