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IDEX (MEX:IEX) Cyclically Adjusted Book per Share : MXN820.58 (As of Mar. 2025)


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What is IDEX Cyclically Adjusted Book per Share?

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.

IDEX's adjusted book value per share for the three months ended in Mar. 2025 was MXN1,055.773. 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 MXN820.58 for the trailing ten years ended in Mar. 2025.

During the past 12 months, IDEX's average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.20% 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 IDEX was 30.60% per year. The lowest was 5.40% per year. And the median was 11.10% per year.

As of today (2025-05-25), IDEX's current stock price is MXN3960.00. IDEX's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN820.58. IDEX's Cyclically Adjusted PB Ratio of today is 4.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of IDEX was 9.19. The lowest was 4.00. And the median was 6.73.


IDEX Cyclically Adjusted Book per Share Historical Data

The historical data trend for IDEX'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.

* Premium members only.

IDEX Cyclically Adjusted Book per Share Chart

IDEX Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 470.36 534.82 593.24 563.16 687.97

IDEX Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 518.15 642.01 659.26 687.97 820.58

Competitive Comparison of IDEX's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, IDEX'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.


IDEX's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IDEX's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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IDEX 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, IDEX's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1055.773/134.9266*134.9266
=1,055.773

Current CPI (Mar. 2025) = 134.9266.

IDEX Quarterly Data

Book Value per Share CPI Adj_Book
201506 293.747 100.684 393.651
201509 314.234 100.392 422.332
201512 324.262 99.792 438.426
201603 337.584 100.470 453.358
201606 363.295 101.688 482.044
201609 394.020 101.861 521.925
201612 416.406 101.863 551.568
201703 403.691 102.862 529.530
201706 407.299 103.349 531.746
201709 428.567 104.136 555.286
201712 483.098 104.011 626.691
201803 476.594 105.290 610.747
201806 508.678 106.317 645.563
201809 501.523 106.507 635.348
201812 515.645 105.998 656.374
201903 526.636 107.251 662.535
201906 534.914 108.070 667.849
201909 561.608 108.329 699.495
201912 560.989 108.420 698.139
202003 694.205 108.902 860.105
202006 691.526 108.767 857.843
202009 699.732 109.815 859.742
202012 665.205 109.897 816.710
202103 701.607 111.754 847.085
202106 699.105 114.631 822.880
202109 736.217 115.734 858.304
202112 754.679 117.630 865.653
202203 758.522 121.301 843.726
202206 741.285 125.017 800.045
202209 746.456 125.227 804.277
202212 783.641 125.222 844.374
202303 769.070 127.348 814.839
202306 742.474 128.729 778.222
202309 780.159 129.860 810.601
202312 793.786 129.419 827.564
202403 791.176 131.776 810.091
202406 881.923 132.554 897.710
202409 993.137 133.029 1,007.304
202412 1,042.703 133.157 1,056.559
202503 1,055.773 134.927 1,055.773

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


IDEX  (MEX:IEX) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3960.00/820.58
=4.83

* 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 IDEX was 9.19. The lowest was 4.00. And the median was 6.73.


Be Aware

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


IDEX Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of IDEX's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


IDEX Business Description

Industry
Traded in Other Exchanges
Address
3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $3.3 billion in revenue in 2024.