Ball (MEX:BLL) Cyclically Adjusted Book per Share: MXN276.41 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:BLL Ball Corp MEX:BLL
65 GF Score
Price MXN1,058.60
GF Value MXN1,334.30
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Ball Cyclically Adjusted Book per Share?

Ball MEX:BLL 65 Cyclically Adjusted Book per Share is MXN276.41 as of Jun. 2026. GuruFocus rates MEX:BLL with a GF Score™ of 65/100 and a GF Value™ of MXN1,334.30 (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.

Ball's adjusted book value per share for the three months ended in Jun. 2026 was MXN378.910. 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 MXN276.41 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Ball's average Cyclically Adjusted Book Growth Rate was 12.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.20% 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 Ball was 16.20% per year. The lowest was -0.90% per year. And the median was 10.60% per year.

As of today (2026-09-03), Ball's current stock price is MXN1058.60. Ball's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN276.41. Ball's Cyclically Adjusted PB Ratio of today is 3.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ball was 13.35. The lowest was 3.30. And the median was 7.45.


Ball  (MEX:BLL) 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.

Ball's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1058.60/276.41
=3.83

* 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 Ball was 13.35. The lowest was 3.30. And the median was 7.45.


Be Aware

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


Ball Cyclically Adjusted Book per Share Related Terms


Ball Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Ball'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.

Ball Cyclically Adjusted Book per Share Chart

Ball 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 158.44 188.90 168.27 261.61 253.97

Ball Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 240.27 276.42 253.97 286.90 276.41

MEX:BLL vs AVY, IP, CCK: Cyclically Adjusted Book per Share Comparison

For the Packaging & Containers subindustry, Ball'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.


Ball Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ball's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:BLL
65GF Score
Ball Corp MEX:BLL
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ball 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, Ball'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)
=378.91/333.9520*333.9520
=378.910

Current CPI (Jun. 2026) = 333.9520.

Ball Quarterly Data

Book Value per Share CPI Adj_Book
201609 205.417 241.428 284.140
201612 202.497 241.432 280.097
201703 194.225 243.801 266.044
201706 185.282 244.955 252.599
201709 183.062 246.819 247.687
201712 221.215 246.524 299.667
201803 209.237 249.554 280.000
201806 220.469 251.989 292.180
201809 199.853 252.439 264.386
201812 202.524 251.233 269.205
201903 205.655 254.202 270.175
201906 200.286 256.143 261.127
201909 203.075 256.759 264.128
201912 171.325 256.974 222.646
202003 189.213 258.115 244.806
202006 195.332 257.797 253.034
202009 194.981 260.280 250.170
202012 198.868 260.474 254.967
202103 217.546 264.877 274.278
202106 221.678 271.696 272.473
202109 234.470 274.310 285.450
202112 231.902 278.802 277.775
202203 242.058 287.504 281.164
202206 221.673 296.311 249.833
202209 222.969 296.808 250.872
202212 214.817 296.797 241.709
202303 208.571 301.836 230.763
202306 208.817 305.109 228.557
202309 217.602 307.789 236.099
202312 202.654 306.746 220.628
202403 387.474 312.332 414.295
202406 413.933 314.175 439.990
202409 438.571 315.301 464.514
202412 422.479 315.605 447.039
202503 402.707 319.799 420.529
202506 360.322 322.561 373.047
202509 370.437 324.800 380.875
202512 367.816 324.054 379.051
202603 379.395 330.213 383.691
202606 378.910 333.952 378.910

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 MXN276.41 mean?
Ball (MEX:BLL) has a Cyclically Adjusted Book per Share of MXN276.41 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 Ball and its competitors.
Is Ball's Cyclically Adjusted Book per Share too high?
Ball's current Cyclically Adjusted Book per Share is MXN276.41. Overall, Ball has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ball's Cyclically Adjusted Book per Share compare to AVY and IP?
Ball's Cyclically Adjusted Book per Share of MXN276.41 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Cyclically Adjusted Book per Share depends on the Packaging & Containers 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 Ball and its competitors. Ball's current Cyclically Adjusted Book per Share is MXN276.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ball stock overvalued right now?
Based on GuruFocus' analysis, Ball (MEX:BLL) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN1,334.30, compared to a current price of MXN1,058.60 — trading 20.7% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN276.41. Ball's overall GF Score™ is 65/100 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 Ball (MEX:BLL), the current Cyclically Adjusted Book per Share is MXN276.41 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 Ball (MEX:BLL) Overvalued in 2026?

Based on GuruFocus' analysis, Ball stock appears to be undervalued. The current stock price of MXN1,058.60 is trading 20.7% below its estimated GF Value™ of MXN1,334.30. GuruFocus considers Ball to be Modestly Undervalued.

Key valuation signals for MEX:BLL:

  • Cyclically Adjusted Book per Share: MXN276.41
  • GF Value™: MXN1,334.30 vs. price of MXN1,058.60 (20.7% below fair value)
  • GF Score™: 65/100 with 4 warning signs

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


Ball Business Description

Address 9200 West 108th Circle, Westminster, CO, USA, 80021
Ball is the world's largest metal can manufacturer with market share over 30% in its three main regions (North America, Europe, and South America). The company is focused on increasing capacity amid a wave of new developed-market demand, while also investing in faster-growing emerging-market economies. Ball spun-off its glass jar business in 1993 and is now owned by Newell. The company reports three segments—beverage packaging, North and Central America (48% of 2025 revenue), beverage packaging, EMEA (30%), beverage packaging, South America (16%)—and it generated $13 billion in revenue in 2025.
65GF Score

Get the complete analysis for MEX:BLL

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

MXN1,058.60
Price
MXN1,334.30
GF Value