AxtelB de CV (MEX:AXTELCPO) Cyclically Adjusted Book per Share: MXN1.48 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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MEX:AXTELCPO Axtel SAB de CV MEX:AXTELCPO
60 GF Score
Price MXN2.75
GF Value MXN2.18
Valuation Modestly Overvalued
! 7 Warning Signs
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What is AxtelB de CV Cyclically Adjusted Book per Share?

AxtelB de CV MEX:AXTELCPO +1.48% 60 Cyclically Adjusted Book per Share is MXN1.48 as of Mar. 2026. GuruFocus rates MEX:AXTELCPO with a GF Score™ of 60/100 and a GF Value™ of MXN2.18 (Modestly Overvalued). 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.

AxtelB de CV's adjusted book value per share for the three months ended in Mar. 2026 was MXN0.895. 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 MXN1.48 for the trailing ten years ended in Mar. 2026.

During the past 12 months, AxtelB de CV's average Cyclically Adjusted Book Growth Rate was -17.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -22.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -17.60% 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 AxtelB de CV was -10.50% per year. The lowest was -22.00% per year. And the median was -14.75% per year.

As of today (2026-07-24), AxtelB de CV's current stock price is MXN2.75. AxtelB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN1.48. AxtelB de CV's Cyclically Adjusted PB Ratio of today is 1.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of AxtelB de CV was 2.05. The lowest was 0.22. And the median was 0.67.


AxtelB de CV  (MEX:AXTELCPO) 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.

AxtelB de CV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.75/1.48
=1.86

* 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 AxtelB de CV was 2.05. The lowest was 0.22. And the median was 0.67.


Be Aware

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


AxtelB de CV Cyclically Adjusted Book per Share Related Terms


AxtelB de CV Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for AxtelB 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.

AxtelB de CV Cyclically Adjusted Book per Share Chart

AxtelB 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 3.49 3.20 2.51 1.92 1.52

AxtelB 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 1.79 1.68 1.58 1.52 1.48

MEX:AXTELCPO vs TMUS, VZ, T: Cyclically Adjusted Book per Share Comparison

For the Telecom Services subindustry, AxtelB 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.


AxtelB de CV Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, AxtelB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:AXTELCPO
60GF Score
Axtel SAB de CV MEX:AXTELCPO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AxtelB 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, AxtelB 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)
=0.895/166.0400*166.0400
=0.895

Current CPI (Mar. 2026) = 166.0400.

AxtelB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.865 101.905 3.039
201609 1.710 103.084 2.754
201612 0.874 105.002 1.382
201703 1.244 108.063 1.911
201706 1.461 108.339 2.239
201709 1.258 109.628 1.905
201712 0.862 112.114 1.277
201803 1.186 113.505 1.735
201806 0.942 113.373 1.380
201809 0.796 115.130 1.148
201812 1.252 117.530 1.769
201903 1.199 118.050 1.686
201906 1.339 117.848 1.887
201909 1.204 118.581 1.686
201912 1.189 120.854 1.634
202003 1.392 121.885 1.896
202006 1.423 121.777 1.940
202009 1.308 123.341 1.761
202012 1.230 124.661 1.638
202103 1.145 127.574 1.490
202106 1.279 128.936 1.647
202109 1.180 130.742 1.499
202112 1.013 133.830 1.257
202203 1.056 137.082 1.279
202206 1.000 139.233 1.193
202209 0.959 142.116 1.120
202212 1.006 144.291 1.158
202303 1.053 146.472 1.194
202306 1.053 146.272 1.195
202309 0.989 148.446 1.106
202312 1.102 151.017 1.212
202403 1.103 152.947 1.197
202406 0.943 153.551 1.020
202409 0.835 155.246 0.893
202412 0.846 157.378 0.893
202503 0.922 158.761 0.964
202506 1.047 160.180 1.085
202509 1.023 161.030 1.055
202512 1.055 163.190 1.073
202603 0.895 166.040 0.895

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 MXN1.48 mean?
AxtelB de CV (MEX:AXTELCPO) has a Cyclically Adjusted Book per Share of MXN1.48 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 AxtelB de CV and its competitors.
Is AxtelB de CV's Cyclically Adjusted Book per Share too high?
AxtelB de CV's current Cyclically Adjusted Book per Share is MXN1.48. Overall, AxtelB de CV has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AxtelB de CV's Cyclically Adjusted Book per Share compare to TMUS and VZ?
AxtelB de CV's Cyclically Adjusted Book per Share of MXN1.48 can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Cyclically Adjusted Book per Share depends on the Telecommunication Services 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 AxtelB de CV and its competitors. AxtelB de CV's current Cyclically Adjusted Book per Share is MXN1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AxtelB de CV stock overvalued right now?
Based on GuruFocus' analysis, AxtelB de CV (MEX:AXTELCPO) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2.18, compared to a current price of MXN2.75 — trading 26.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN1.48. AxtelB de CV's overall GF Score™ is 60/100 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 AxtelB de CV (MEX:AXTELCPO), the current Cyclically Adjusted Book per Share is MXN1.48 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 AxtelB de CV (MEX:AXTELCPO) Overvalued in 2026?

Based on GuruFocus' analysis, AxtelB de CV stock appears to be overvalued. The current stock price of MXN2.75 is trading 26.1% above its estimated GF Value™ of MXN2.18. GuruFocus considers AxtelB de CV to be Modestly Overvalued.

Key valuation signals for MEX:AXTELCPO:

  • Cyclically Adjusted Book per Share: MXN1.48
  • GF Value™: MXN2.18 vs. price of MXN2.75 (26.1% above fair value)
  • GF Score™: 60/100 with 7 warning signs

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


AxtelB de CV Business Description

Other Exchanges 4GK:Germany
Address Boulevard Diaz Ordaz Km. 3.33 L-1, Col. Unidad San Pedro, San Pedro Garza Garcia, NL, MEX, 66215
Axtel SAB de CV is a Mexican based information and communication technology company. The company has two operating segments namely Business operating segment offers communication services such as information, data and Internet technologies, managed through the company's network and infrastructure for both multinational companies, as well as for international and national businesses. Its Government operating segment offers communication services such as information, data and Internet technologies, administered through the company's network and infrastructure, for the federal, state and municipal governments. The company generates maximum revenue from the Business segment. Geographically, it derives majority revenue from the Mexico region.
60GF Score

Get the complete analysis for MEX:AXTELCPO

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

MXN2.75
Price
MXN2.18
GF Value