Dassault Aviation (MEX:AM) Cyclically Adjusted Book per Share: MXN1,617.67 (As of Dec. 2025)


MEX:AM Dassault Aviation SA MEX:AM
83 GF Score
Price MXN5,709.86
GF Value MXN6,307.03
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Dassault Aviation Cyclically Adjusted Book per Share?

Dassault Aviation MEX:AM -6.48% 83 Cyclically Adjusted Book per Share is MXN1,617.67 as of Dec. 2025. GuruFocus rates MEX:AM with a GF Score™ of 83/100 and a GF Value™ of MXN6,307.03 (Modestly Undervalued). 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.

Dassault Aviation's adjusted book value per share data for the fiscal year that ended in Dec. 2025 was MXN1,809.926. 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 MXN1,617.67 for the trailing ten years ended in Dec. 2025.

During the past 12 months, Dassault Aviation's average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 Dassault Aviation was 7.20% per year. The lowest was 1.70% per year. And the median was 4.10% per year.

As of today (2026-06-28), Dassault Aviation's current stock price is MXN 5709.86. Dassault Aviation's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2025 was MXN1,617.67. Dassault Aviation's Cyclically Adjusted PB Ratio of today is 3.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dassault Aviation was 5.22. The lowest was 1.38. And the median was 2.88.


Dassault Aviation  (MEX:AM) 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.

Dassault Aviation's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5709.86/1617.67
=3.53

* 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 Dassault Aviation was 5.22. The lowest was 1.38. And the median was 2.88.


Be Aware

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


Dassault Aviation Cyclically Adjusted Book per Share Related Terms


Dassault Aviation Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Dassault Aviation'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.

Dassault Aviation Cyclically Adjusted Book per Share Chart

Dassault Aviation 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 1,187.33 1,022.37 956.50 919.94 1,617.67

Dassault Aviation Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 956.50 0.00 919.94 0.00 1,617.67

MEX:AM vs GE, RTX, BA: Cyclically Adjusted Book per Share Comparison

For the Aerospace & Defense subindustry, Dassault Aviation'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.


Dassault Aviation Cyclically Adjusted PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Dassault Aviation's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Dassault Aviation's Cyclically Adjusted PB Ratio falls into.


MEX:AM
83GF Score
Dassault Aviation SA MEX:AM
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dassault Aviation 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, Dassault Aviation's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2025 was:

Adj_Book=Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=1809.926/120.9000*120.9000
=1,809.926

Current CPI (Dec. 2025) = 120.9000.

Dassault Aviation Annual Data

Book Value per Share CPI Adj_Book
201612 878.505 100.650 1,055.253
201712 1,046.170 101.850 1,241.845
201812 1,149.222 103.470 1,342.814
201912 1,120.725 104.980 1,290.681
202012 1,327.055 104.960 1,528.591
202112 1,477.132 107.850 1,655.867
202212 1,497.987 114.160 1,586.428
202312 1,344.949 118.390 1,373.463
202412 1,768.341 119.950 1,782.346
202512 1,809.926 120.900 1,809.926

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 MXN1,617.67 mean?
Dassault Aviation (MEX:AM) has a Cyclically Adjusted Book per Share of MXN1,617.67 as of Dec. 2025. 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 Dassault Aviation and its competitors.
Is Dassault Aviation's Cyclically Adjusted Book per Share too high?
Dassault Aviation's current Cyclically Adjusted Book per Share is MXN1,617.67. Overall, Dassault Aviation has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dassault Aviation's Cyclically Adjusted Book per Share compare to GE and RTX?
Dassault Aviation's Cyclically Adjusted Book per Share of MXN1,617.67 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Cyclically Adjusted Book per Share depends on the Aerospace & Defense 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 Dassault Aviation and its competitors. Dassault Aviation's current Cyclically Adjusted Book per Share is MXN1,617.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dassault Aviation stock overvalued right now?
Based on GuruFocus' analysis, Dassault Aviation (MEX:AM) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN6,307.03, compared to a current price of MXN5,709.86 — trading 9.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN1,617.67. Dassault Aviation's overall GF Score™ is 83/100 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 Dassault Aviation (MEX:AM), the current Cyclically Adjusted Book per Share is MXN1,617.67 as of Dec. 2025. 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 Dassault Aviation (MEX:AM) Overvalued in 2026?

Based on GuruFocus' analysis, Dassault Aviation stock appears to be undervalued. The current stock price of MXN5,709.86 is trading 9.5% below its estimated GF Value™ of MXN6,307.03. GuruFocus considers Dassault Aviation to be Modestly Undervalued.

Key valuation signals for MEX:AM:

  • Cyclically Adjusted Book per Share: MXN1,617.67
  • GF Value™: MXN6,307.03 vs. price of MXN5,709.86 (9.5% below fair value)
  • GF Score™: 83/100 with 3 warning signs

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


Dassault Aviation Business Description

Address 78, quai Marcel-Dassault, Cedex 300, Saint-Cloud, FRA, 92552
Dassault Aviation, controlled by the French Dassault Group, designs, builds, and maintains military fighter jets and is one of the largest manufacturers of business jets. It holds a 26.6% stake in defense electronics group Thales, whose earnings contribution accounts for roughly half of Dassault's adjusted net income. In 2025, Dassault Aviation generated EUR 7.4 billion in revenue with over 15,000 employees. About 63% of revenue comes from defense aircraft and services, while Falcon business jets generate the remaining 37%.
83GF Score

Get the complete analysis for MEX:AM

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

MXN5,709.86
Price
MXN6,307.03
GF Value