Intercontinental Exchange (MEX:ICE) Cyclically Adjusted Book per Share: MXN791.26 (As of Jun. 2026)

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MEX:ICE Intercontinental Exchange Inc MEX:ICE
85 GF Score
Price MXN2,699.00
GF Value MXN3,074.43
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Intercontinental Exchange Cyclically Adjusted Book per Share?

Intercontinental Exchange MEX:ICE 85 Cyclically Adjusted Book per Share is MXN791.26 as of Jun. 2026. GuruFocus rates MEX:ICE with a GF Score™ of 85/100 and a GF Value™ of MXN3,074.43 (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.

Intercontinental Exchange's adjusted book value per share for the three months ended in Jun. 2026 was MXN919.136. 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 MXN791.26 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Intercontinental Exchange's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 15.00% 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 Intercontinental Exchange was 25.20% per year. The lowest was 8.80% per year. And the median was 15.60% per year.

As of today (2026-08-02), Intercontinental Exchange's current stock price is MXN2699.00. Intercontinental Exchange's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN791.26. Intercontinental Exchange's Cyclically Adjusted PB Ratio of today is 3.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Intercontinental Exchange was 5.12. The lowest was 2.80. And the median was 4.29.


Intercontinental Exchange  (MEX:ICE) 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.

Intercontinental Exchange's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2699.00/791.26
=3.41

* 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 Intercontinental Exchange was 5.12. The lowest was 2.80. And the median was 4.29.


Be Aware

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


Intercontinental Exchange Cyclically Adjusted Book per Share Related Terms


Intercontinental Exchange Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Intercontinental Exchange'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.

Intercontinental Exchange Cyclically Adjusted Book per Share Chart

Intercontinental Exchange 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 576.86 640.64 621.15 815.82 768.81

Intercontinental Exchange 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 771.53 803.14 768.81 812.50 791.26

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

For the Financial Data & Stock Exchanges subindustry, Intercontinental Exchange'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.


Intercontinental Exchange Cyclically Adjusted PB Ratio vs Capital Markets Industry

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

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


MEX:ICE
85GF Score
Intercontinental Exchange Inc MEX:ICE
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Intercontinental Exchange 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, Intercontinental Exchange'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)
=919.136/333.9520*333.9520
=919.136

Current CPI (Jun. 2026) = 333.9520.

Intercontinental Exchange Quarterly Data

Book Value per Share CPI Adj_Book
201609 504.088 241.428 697.273
201612 544.601 241.432 753.299
201703 500.254 243.801 685.234
201706 487.899 244.955 665.162
201709 495.261 246.819 670.100
201712 571.230 246.524 773.813
201803 530.894 249.554 710.440
201806 575.278 251.989 762.395
201809 551.388 252.439 729.432
201812 593.571 251.233 789.006
201903 587.296 254.202 771.547
201906 586.026 256.143 764.044
201909 607.155 256.759 789.692
201912 587.418 256.974 763.382
202003 724.791 258.115 937.742
202006 719.321 257.797 931.813
202009 749.007 260.280 961.013
202012 691.362 260.474 886.391
202103 724.802 264.877 913.817
202106 745.326 271.696 916.109
202109 788.783 274.310 960.285
202112 830.396 278.802 994.657
202203 807.375 287.504 937.811
202206 822.531 296.311 927.019
202209 805.284 296.808 906.061
202212 791.907 296.797 891.043
202303 747.022 301.836 826.507
202306 729.228 305.109 798.164
202309 775.293 307.789 841.195
202312 761.827 306.746 829.395
202403 759.412 312.332 811.979
202406 853.244 314.175 906.955
202409 933.960 315.301 989.207
202412 1,004.217 315.605 1,062.595
202503 997.034 319.799 1,041.159
202506 936.325 322.561 969.391
202509 921.161 324.800 947.117
202512 918.227 324.054 946.274
202603 939.166 330.213 949.800
202606 919.136 333.952 919.136

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 MXN791.26 mean?
Intercontinental Exchange (MEX:ICE) has a Cyclically Adjusted Book per Share of MXN791.26 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 Intercontinental Exchange and its competitors.
Is Intercontinental Exchange's Cyclically Adjusted Book per Share too high?
Intercontinental Exchange's current Cyclically Adjusted Book per Share is MXN791.26. Overall, Intercontinental Exchange has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Intercontinental Exchange's Cyclically Adjusted Book per Share compare to MCO and CME?
Intercontinental Exchange's Cyclically Adjusted Book per Share of MXN791.26 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 Intercontinental Exchange and its competitors. Intercontinental Exchange's current Cyclically Adjusted Book per Share is MXN791.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Intercontinental Exchange stock overvalued right now?
Based on GuruFocus' analysis, Intercontinental Exchange (MEX:ICE) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,074.43, compared to a current price of MXN2,699.00 — trading 12.2% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN791.26. Intercontinental Exchange's overall GF Score™ is 85/100 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 Intercontinental Exchange (MEX:ICE), the current Cyclically Adjusted Book per Share is MXN791.26 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 Intercontinental Exchange (MEX:ICE) Overvalued in 2026?

Based on GuruFocus' analysis, Intercontinental Exchange stock appears to be undervalued. The current stock price of MXN2,699.00 is trading 12.2% below its estimated GF Value™ of MXN3,074.43. GuruFocus considers Intercontinental Exchange to be Modestly Undervalued.

Key valuation signals for MEX:ICE:

  • Cyclically Adjusted Book per Share: MXN791.26
  • GF Value™: MXN3,074.43 vs. price of MXN2,699.00 (12.2% below fair value)
  • GF Score™: 85/100 with 3 warning signs

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


Intercontinental Exchange Business Description

Address 5660 New Northside Drive, Atlanta, GA, USA, 30328
Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New York Stock Exchange, which it acquired in 2013, ICE operates a large derivatives exchange, too. The company's largest commodity futures product is the ICE Brent crude futures contract. In addition to the exchanges business, which is about 54% of net revenue, Intercontinental Exchange has used a series of acquisitions to create its mortgage technology business (22% of net revenue) and fixed-income and data-services segment (24% of net revenue).
85GF Score

Get the complete analysis for MEX:ICE

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

MXN2,699.00
Price
MXN3,074.43
GF Value