Grupo CarsoB de CV (MEX:GCARSOA1) Cyclically Adjusted Book per Share: MXN55.47 (As of Mar. 2026)

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MEX:GCARSOA1 Grupo Carso SAB de CV MEX:GCARSOA1
76 GF Score
Price MXN126.70
GF Value MXN149.00
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Grupo CarsoB de CV Cyclically Adjusted Book per Share?

Grupo CarsoB de CV MEX:GCARSOA1 +1.49% 76 Cyclically Adjusted Book per Share is MXN55.47 as of Mar. 2026. GuruFocus rates MEX:GCARSOA1 with a GF Score™ of 76/100 and a GF Value™ of MXN149.00 (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.

Grupo CarsoB de CV's adjusted book value per share for the three months ended in Mar. 2026 was MXN60.122. 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 MXN55.47 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Grupo CarsoB de CV's average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.70% 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 Grupo CarsoB de CV was 13.30% per year. The lowest was 6.30% per year. And the median was 10.65% per year.

As of today (2026-07-15), Grupo CarsoB de CV's current stock price is MXN126.70. Grupo CarsoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN55.47. Grupo CarsoB de CV's Cyclically Adjusted PB Ratio of today is 2.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo CarsoB de CV was 4.31. The lowest was 1.30. And the median was 2.36.


Grupo CarsoB de CV  (MEX:GCARSOA1) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=126.70/55.47
=2.28

* 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 Grupo CarsoB de CV was 4.31. The lowest was 1.30. And the median was 2.36.


Be Aware

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


Grupo CarsoB de CV Cyclically Adjusted Book per Share Related Terms


Grupo CarsoB de CV Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Grupo CarsoB 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.

Grupo CarsoB de CV Cyclically Adjusted Book per Share Chart

Grupo CarsoB 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 35.60 41.06 45.20 49.63 54.03

Grupo CarsoB 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 50.72 51.78 52.68 54.03 55.47

MEX:GCARSOA1 vs HON, MMM: Cyclically Adjusted Book per Share Comparison

For the Conglomerates subindustry, Grupo CarsoB 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.


Grupo CarsoB de CV Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Grupo CarsoB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:GCARSOA1
76GF Score
Grupo Carso SAB de CV MEX:GCARSOA1
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo CarsoB 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, Grupo CarsoB 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)
=60.122/166.0400*166.0400
=60.122

Current CPI (Mar. 2026) = 166.0400.

Grupo CarsoB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201606 24.855 101.905 40.498
201609 26.216 103.084 42.227
201612 28.024 105.002 44.314
201703 28.389 108.063 43.620
201706 28.193 108.339 43.209
201709 29.103 109.628 44.079
201712 31.489 112.114 46.635
201803 32.197 113.505 47.099
201806 32.942 113.373 48.245
201809 33.254 115.130 47.959
201812 36.823 117.530 52.022
201903 37.385 118.050 52.583
201906 36.551 117.848 51.498
201909 37.343 118.581 52.288
201912 37.861 120.854 52.017
202003 38.160 121.885 51.984
202006 39.268 121.777 53.541
202009 41.154 123.341 55.401
202012 40.854 124.661 54.415
202103 43.204 127.574 56.231
202106 43.089 128.936 55.489
202109 43.578 130.742 55.343
202112 46.564 133.830 57.771
202203 48.666 137.082 58.946
202206 48.682 139.233 58.055
202209 50.198 142.116 58.648
202212 53.752 144.291 61.854
202303 55.500 146.472 62.915
202306 54.976 146.272 62.406
202309 57.103 148.446 63.871
202312 56.912 151.017 62.574
202403 57.526 152.947 62.451
202406 59.350 153.551 64.177
202409 60.816 155.246 65.045
202412 63.114 157.378 66.588
202503 63.797 158.761 66.722
202506 62.374 160.180 64.656
202509 63.737 161.030 65.720
202512 64.512 163.190 65.639
202603 60.122 166.040 60.122

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 MXN55.47 mean?
Grupo CarsoB de CV (MEX:GCARSOA1) has a Cyclically Adjusted Book per Share of MXN55.47 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 Grupo CarsoB de CV and its competitors.
Is Grupo CarsoB de CV's Cyclically Adjusted Book per Share too high?
Grupo CarsoB de CV's current Cyclically Adjusted Book per Share is MXN55.47. Overall, Grupo CarsoB de CV has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grupo CarsoB de CV's Cyclically Adjusted Book per Share compare to HON and MMM?
Grupo CarsoB de CV's Cyclically Adjusted Book per Share of MXN55.47 can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Cyclically Adjusted Book per Share depends on the Conglomerates 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 Grupo CarsoB de CV and its competitors. Grupo CarsoB de CV's current Cyclically Adjusted Book per Share is MXN55.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo CarsoB de CV stock overvalued right now?
Based on GuruFocus' analysis, Grupo CarsoB de CV (MEX:GCARSOA1) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN149.00, compared to a current price of MXN126.70 — trading 15% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN55.47. Grupo CarsoB de CV's overall GF Score™ is 76/100 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 Grupo CarsoB de CV (MEX:GCARSOA1), the current Cyclically Adjusted Book per Share is MXN55.47 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 Grupo CarsoB de CV (MEX:GCARSOA1) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo CarsoB de CV stock appears to be undervalued. The current stock price of MXN126.70 is trading 15% below its estimated GF Value™ of MXN149.00. GuruFocus considers Grupo CarsoB de CV to be Modestly Undervalued.

Key valuation signals for MEX:GCARSOA1:

  • Cyclically Adjusted Book per Share: MXN55.47
  • GF Value™: MXN149.00 vs. price of MXN126.70 (15% below fair value)
  • GF Score™: 76/100 with 3 warning signs

No single metric tells the full story. See the MEX:GCARSOA1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo CarsoB de CV Business Description

Other Exchanges GPOVF:USA4GF:Germany
Address 255 Frisco Building, Lago Zurich 245, 6th Floor, Ampliacion Granada, Mexico City, MEX, 11529
Grupo Carso SAB de CV is a conglomerate based in Mexico with business presence in several countries, mainly in the Americas and Europe. The firm has operations in four main business segments: commercial and retail, industrial and manufacturing, infrastructure and construction, and energy. The largest contributor to sales, the commercial and retail division, serves middle- and high-income consumers and operates department stores, boutiques, restaurants, and multimedia stores. The industrial and manufacturing segment has a portfolio of products and services focused on cables, power transformers and reactors, and alternative energies, among others. The infrastructure and construction division serves sectors like the oil and chemical industries, pipeline installation, and housing development.
76GF Score

Get the complete analysis for MEX:GCARSOA1

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

MXN126.70
Price
MXN149.00
GF Value