CME Group (MEX:CME) Cyclically Adjusted Book per Share: MXN1,649.77 (As of Mar. 2026)


MEX:CME CME Group Inc MEX:CME
89 GF Score
Price MXN3,860.00
GF Value MXN4,785.00
Valuation Modestly Undervalued
! 3 Warning Signs
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What is CME Group Cyclically Adjusted Book per Share?

CME Group MEX:CME -1.76% 89 Cyclically Adjusted Book per Share is MXN1,649.77 as of Mar. 2026. GuruFocus rates MEX:CME with a GF Score™ of 89/100 and a GF Value™ of MXN4,785.00 (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.

CME Group's adjusted book value per share for the three months ended in Mar. 2026 was MXN1,326.720. 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 MXN1,649.77 for the trailing ten years ended in Mar. 2026.

During the past 12 months, CME Group's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.80% 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 CME Group was 27.60% per year. The lowest was -0.10% per year. And the median was 4.10% per year.

As of today (2026-06-30), CME Group's current stock price is MXN3860.00. CME Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN1,649.77. CME Group's Cyclically Adjusted PB Ratio of today is 2.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CME Group was 3.74. The lowest was 1.49. And the median was 2.45.


CME Group  (MEX:CME) 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.

CME Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3860.00/1649.77
=2.34

* 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 CME Group was 3.74. The lowest was 1.49. And the median was 2.45.


Be Aware

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


CME Group Cyclically Adjusted Book per Share Related Terms


CME Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for CME Group'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.

CME Group Cyclically Adjusted Book per Share Chart

CME Group 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 1,478.71 1,565.53 1,418.48 1,726.19 1,546.92

CME Group 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 1,713.79 1,597.37 1,515.61 1,546.92 1,649.77

MEX:CME vs MCO, ICE, NDAQ: Cyclically Adjusted Book per Share Comparison

For the Financial Data & Stock Exchanges subindustry, CME Group'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.


CME Group Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CME Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:CME
89GF Score
CME Group Inc MEX:CME
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CME Group 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, CME Group'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)
=1326.72/330.2130*330.2130
=1,326.720

Current CPI (Mar. 2026) = 330.2130.

CME Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,154.924 241.018 1,582.334
201609 1,216.540 241.428 1,663.922
201612 1,239.831 241.432 1,695.750
201703 1,143.293 243.801 1,548.518
201706 1,108.911 244.955 1,494.874
201709 1,116.538 246.819 1,493.788
201712 1,297.486 246.524 1,737.951
201803 1,218.859 249.554 1,612.810
201806 1,338.252 251.989 1,753.681
201809 1,282.123 252.439 1,677.133
201812 1,426.209 251.233 1,874.566
201903 1,421.239 254.202 1,846.215
201906 1,422.878 256.143 1,834.338
201909 1,479.239 256.759 1,902.422
201912 1,378.544 256.974 1,771.437
202003 1,741.667 258.115 2,228.158
202006 1,729.748 257.797 2,215.640
202009 1,664.669 260.280 2,111.938
202012 1,461.984 260.474 1,853.414
202103 1,513.656 264.877 1,887.023
202106 1,486.844 271.696 1,807.076
202109 1,564.447 274.310 1,883.273
202112 1,567.390 278.802 1,856.416
202203 1,539.919 287.504 1,768.675
202206 1,570.587 296.311 1,750.283
202209 1,583.440 296.808 1,761.652
202212 1,459.962 296.797 1,624.337
202303 1,375.194 301.836 1,504.482
202306 1,328.498 305.109 1,437.805
202309 1,365.203 307.789 1,464.665
202312 1,263.399 306.746 1,360.053
202403 1,254.190 312.332 1,325.992
202406 1,408.852 314.175 1,480.771
202409 1,545.173 315.301 1,618.251
202412 1,536.138 315.605 1,607.239
202503 1,537.609 319.799 1,587.680
202506 1,452.254 322.561 1,486.705
202509 1,437.059 324.800 1,461.009
202512 1,441.056 324.054 1,468.445
202603 1,326.720 330.213 1,326.720

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 MXN1,649.77 mean?
CME Group (MEX:CME) has a Cyclically Adjusted Book per Share of MXN1,649.77 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 CME Group and its competitors.
Is CME Group's Cyclically Adjusted Book per Share too high?
CME Group's current Cyclically Adjusted Book per Share is MXN1,649.77. Overall, CME Group has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CME Group's Cyclically Adjusted Book per Share compare to MCO and ICE?
CME Group's Cyclically Adjusted Book per Share of MXN1,649.77 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Cyclically Adjusted Book per Share depends on the Capital Markets 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 CME Group and its competitors. CME Group's current Cyclically Adjusted Book per Share is MXN1,649.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CME Group stock overvalued right now?
Based on GuruFocus' analysis, CME Group (MEX:CME) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN4,785.00, compared to a current price of MXN3,860.00 — trading 19.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN1,649.77. CME Group's overall GF Score™ is 89/100 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 CME Group (MEX:CME), the current Cyclically Adjusted Book per Share is MXN1,649.77 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 CME Group (MEX:CME) Overvalued in 2026?

Based on GuruFocus' analysis, CME Group stock appears to be undervalued. The current stock price of MXN3,860.00 is trading 19.3% below its estimated GF Value™ of MXN4,785.00. GuruFocus considers CME Group to be Modestly Undervalued.

Key valuation signals for MEX:CME:

  • Cyclically Adjusted Book per Share: MXN1,649.77
  • GF Value™: MXN4,785.00 vs. price of MXN3,860.00 (19.3% below fair value)
  • GF Score™: 89/100 with 3 warning signs

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


CME Group Business Description

Address 20 South Wacker Drive, Chicago, IL, USA, 60606
Based in Chicago, CME Group operates exchanges giving investors, suppliers, and businesses the ability to trade futures and derivatives based on interest rates, equity indexes, foreign currencies, energy, metals, and commodities. The Chicago Mercantile Exchange was founded in 1898 and in 2002 completed its IPO. Since then, CME Group has consolidated parts of the industry by merging with crosstown rival CBOT Holdings in 2007 before acquiring Nymex Holdings in 2008 and NEX in 2018. In addition, the company has a 27% stake in S&P Dow Jones Indexes, making the Chicago Mercantile Exchange the exclusive venue to trade and clear S&P futures contracts. Through CME's acquisition of NEX, it also expanded into cash foreign exchange, fixed-income trading, and collateral optimization.
89GF Score

Get the complete analysis for MEX:CME

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

MXN3,860.00
Price
MXN4,785.00
GF Value