Magnite (MEX:MGNI) Cyclically Adjusted Book per Share: MXN127.74 (As of Mar. 2026)

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Founder & CEO of GuruFocus
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MEX:MGNI Magnite Inc MEX:MGNI
69 GF Score
Price MXN360.00
GF Value MXN267.92
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Magnite Cyclically Adjusted Book per Share?

Magnite MEX:MGNI 69 Cyclically Adjusted Book per Share is MXN127.74 as of Mar. 2026. GuruFocus rates MEX:MGNI with a GF Score™ of 69/100 and a GF Value™ of MXN267.92 (Fairly Valued). The stock has 6 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.

Magnite's adjusted book value per share for the three months ended in Mar. 2026 was MXN115.508. 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 MXN127.74 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Magnite's average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Magnite was 6.50% per year. The lowest was 6.50% per year. And the median was 6.50% per year.

As of today (2026-07-18), Magnite's current stock price is MXN360.00. Magnite's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN127.74. Magnite's Cyclically Adjusted PB Ratio of today is 2.82.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Magnite was 4.79. The lowest was 1.38. And the median was 2.50.


Magnite  (MEX:MGNI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=360.00/127.74
=2.82

* 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 Magnite was 4.79. The lowest was 1.38. And the median was 2.50.


Be Aware

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


Magnite Cyclically Adjusted Book per Share Related Terms


Magnite Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Magnite'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.

Magnite Cyclically Adjusted Book per Share Chart

Magnite 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 0.00 83.85 92.16 81.28 92.64

Magnite 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 170.85 71.91 101.72 92.64 127.74

MEX:MGNI vs ZD, STGW, DV: Cyclically Adjusted Book per Share Comparison

For the Advertising Agencies subindustry, Magnite'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.


Magnite Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Magnite's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:MGNI
69GF Score
Magnite Inc MEX:MGNI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Magnite 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, Magnite'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)
=115.508/330.2130*330.2130
=115.508

Current CPI (Mar. 2026) = 330.2130.

Magnite Quarterly Data

Book Value per Share CPI Adj_Book
201606 114.650 241.018 157.079
201609 123.972 241.428 169.563
201612 125.057 241.432 171.044
201703 110.412 243.801 149.546
201706 102.823 244.955 138.611
201709 67.146 246.819 89.833
201712 64.350 246.524 86.195
201803 51.184 249.554 67.727
201806 49.429 251.989 64.773
201809 43.399 252.439 56.770
201812 45.294 251.233 59.533
201903 40.655 254.202 52.812
201906 38.295 256.143 49.369
201909 38.731 256.759 49.811
201912 39.176 256.974 50.341
202003 41.832 258.115 53.517
202006 75.106 257.797 96.204
202009 71.061 260.280 90.154
202012 66.571 260.474 84.395
202103 60.270 264.877 75.137
202106 134.682 271.696 163.689
202109 136.795 274.310 164.673
202112 136.666 278.802 161.867
202203 126.341 287.504 145.109
202206 124.389 296.311 138.621
202209 122.260 296.808 136.020
202212 115.123 296.797 128.085
202303 93.857 301.836 102.681
202306 81.746 305.109 88.472
202309 82.419 307.789 88.424
202312 85.949 306.746 92.524
202403 82.419 312.332 87.137
202406 92.543 314.175 97.267
202409 101.260 315.301 106.049
202412 113.286 315.605 118.530
202503 107.262 319.799 110.755
202506 101.625 322.561 104.036
202509 103.181 324.800 104.901
202512 116.166 324.054 118.374
202603 115.508 330.213 115.508

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 MXN127.74 mean?
Magnite (MEX:MGNI) has a Cyclically Adjusted Book per Share of MXN127.74 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 Magnite and its competitors.
Is Magnite's Cyclically Adjusted Book per Share too high?
Magnite's current Cyclically Adjusted Book per Share is MXN127.74. Overall, Magnite has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Magnite's Cyclically Adjusted Book per Share compare to ZD and STGW?
Magnite's Cyclically Adjusted Book per Share of MXN127.74 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Cyclically Adjusted Book per Share depends on the Media - Diversified 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 Magnite and its competitors. Magnite's current Cyclically Adjusted Book per Share is MXN127.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magnite stock overvalued right now?
Based on GuruFocus' analysis, Magnite (MEX:MGNI) is currently considered Fairly Valued. The stock's GF Value™ is MXN267.92, compared to a current price of MXN360.00 — trading 34.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN127.74. Magnite's overall GF Score™ is 69/100 with 6 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 Magnite (MEX:MGNI), the current Cyclically Adjusted Book per Share is MXN127.74 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 Magnite (MEX:MGNI) Overvalued in 2026?

Based on GuruFocus' analysis, Magnite stock appears to be overvalued. The current stock price of MXN360.00 is trading 34.4% above its estimated GF Value™ of MXN267.92. GuruFocus considers Magnite to be Fairly Valued.

Key valuation signals for MEX:MGNI:

  • Cyclically Adjusted Book per Share: MXN127.74
  • GF Value™: MXN267.92 vs. price of MXN360.00 (34.4% above fair value)
  • GF Score™: 69/100 with 6 warning signs

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


Magnite Business Description

Address 1250 Broadway, 9th Floor, New York, NY, USA, 10001
Magnite is a supply-side advertising platform that provides technology and yield management solutions to content publishers, enabling them to monetize their digital advertising inventory. Magnite receives a percentage of all advertising inventory that it sells. 43% of Magnite's revenue is derived from connected television, or CTV, streaming platforms, 40% from mobile applications, and the remainder from general websites. Beyond the typical monetization responsibilities inherent to an SSP, Magnite also provides upstream advertising servers to CTV publishers, allowing them to have granular control over direct-sold, programmatic guaranteed, and open-auction logic. Magnite competes with other independent SSPs, supply path optimization solutions, and closed ecosystems like Meta.
69GF Score

Get the complete analysis for MEX:MGNI

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

MXN360.00
Price
MXN267.92
GF Value