Mueller Industries (MEX:MLI) Cyclically Adjusted Book per Share: MXN141.08 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:MLI Mueller Industries Inc MEX:MLI
91 GF Score
Price MXN1,175.00
GF Value MXN734.11
! 3 Warning Signs
View Full Analysis

What is Mueller Industries Cyclically Adjusted Book per Share?

Mueller Industries MEX:MLI 91 Cyclically Adjusted Book per Share is MXN141.08 as of Jun. 2026. GuruFocus rates MEX:MLI with a GF Score™ of 91/100 and a GF Value™ of MXN734.11. 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.

Mueller Industries's adjusted book value per share for the three months ended in Jun. 2026 was MXN279.877. 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 MXN141.08 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Mueller Industries's average Cyclically Adjusted Book Growth Rate was 19.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.40% 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 Mueller Industries was 17.70% per year. The lowest was -0.80% per year. And the median was 4.40% per year.

As of today (2026-07-31), Mueller Industries's current stock price is MXN1175.00. Mueller Industries's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN141.08. Mueller Industries's Cyclically Adjusted PB Ratio of today is 8.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mueller Industries was 10.22. The lowest was 1.56. And the median was 3.47.


Mueller Industries  (MEX:MLI) 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.

Mueller Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1175.00/141.08
=8.33

* 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 Mueller Industries was 10.22. The lowest was 1.56. And the median was 3.47.


Be Aware

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


Mueller Industries Cyclically Adjusted Book per Share Related Terms


Mueller Industries Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Mueller Industries'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.

Mueller Industries Cyclically Adjusted Book per Share Chart

Mueller Industries 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 0.00 0.00 0.00 120.09

Mueller Industries 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 0.00 0.00 120.09 128.87 141.08

MEX:MLI vs CMC, ESAB, GPGI: Cyclically Adjusted Book per Share Comparison

For the Metal Fabrication subindustry, Mueller Industries'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.


Mueller Industries Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

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


MEX:MLI
91GF Score
Mueller Industries Inc MEX:MLI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mueller Industries 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, Mueller Industries'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)
=279.877/333.9520*333.9520
=279.877

Current CPI (Jun. 2026) = 333.9520.

Mueller Industries Quarterly Data

Book Value per Share CPI Adj_Book
201609 75.296 241.428 104.152
201612 80.704 241.432 111.631
201703 38.235 243.801 52.373
201706 38.691 244.955 52.748
201709 40.571 246.819 54.894
201712 44.344 246.524 60.070
201803 42.508 249.554 56.884
201806 47.571 251.989 63.044
201809 46.001 252.439 60.855
201812 47.471 251.233 63.101
201903 48.421 254.202 63.612
201906 49.860 256.143 65.006
201909 52.659 256.759 68.491
201912 53.275 256.974 69.234
202003 66.693 258.115 86.288
202006 68.147 257.797 88.278
202009 69.433 260.280 89.086
202012 67.664 260.474 86.752
202103 75.250 264.877 94.874
202106 82.349 271.696 101.218
202109 99.244 274.310 120.822
202112 109.390 278.802 131.029
202203 119.176 287.504 138.430
202206 133.912 296.311 150.923
202209 143.728 296.808 161.715
202212 153.135 296.797 172.305
202303 155.159 301.836 171.668
202306 159.748 305.109 174.850
202309 170.405 307.789 184.890
202312 173.778 306.746 189.191
202403 177.098 312.332 189.357
202406 205.659 314.175 218.605
202409 231.848 315.301 245.563
202412 254.223 315.605 269.002
202503 246.508 319.799 257.417
202506 248.057 322.561 256.817
202509 253.642 324.800 260.789
202512 259.928 324.054 267.867
202603 271.924 330.213 275.003
202606 279.877 333.952 279.877

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 MXN141.08 mean?
Mueller Industries (MEX:MLI) has a Cyclically Adjusted Book per Share of MXN141.08 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 Mueller Industries and its competitors.
Is Mueller Industries' Cyclically Adjusted Book per Share too high?
Mueller Industries' current Cyclically Adjusted Book per Share is MXN141.08. Overall, Mueller Industries has a GF Score™ of 91/100, reflecting its overall financial health beyond just this single metric.
How does Mueller Industries' Cyclically Adjusted Book per Share compare to CMC and ESAB?
Mueller Industries' Cyclically Adjusted Book per Share of MXN141.08 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Cyclically Adjusted Book per Share depends on the Industrial Products 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 Mueller Industries and its competitors. Mueller Industries's current Cyclically Adjusted Book per Share is MXN141.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mueller Industries stock overvalued right now?
Mueller Industries (MEX:MLI) has a current Cyclically Adjusted Book per Share of MXN141.08. The stock's GF Value™ is MXN734.11, compared to a current price of MXN1,175.00 — trading 60.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is MXN141.08. Mueller Industries' overall GF Score™ is 91/100 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 Mueller Industries (MEX:MLI), the current Cyclically Adjusted Book per Share is MXN141.08 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 Mueller Industries (MEX:MLI) Overvalued in 2026?

Based on GuruFocus' analysis, Mueller Industries stock appears to be overvalued. The current stock price of MXN1,175.00 is trading 60.1% above its estimated GF Value™ of MXN734.11.

Key valuation signals for MEX:MLI:

  • Cyclically Adjusted Book per Share: MXN141.08
  • GF Value™: MXN734.11 vs. price of MXN1,175.00 (60.1% above fair value)
  • GF Score™: 91/100 with 3 warning signs

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


Mueller Industries Business Description

Other Exchanges MLI:USAMUD:Germany
Address 150 Schilling Boulevard, Suite 100, Collierville, TN, USA, 38017
Mueller Industries Inc makes copper, brass, aluminum, and plastic products. The company reports three business segments: piping systems, industrial metals, and climate. Piping systems, earning majority of the company's revenue, produces tubes, fittings, rods, valves, and other products and operates various firms world-wide. The industrial metals segment manufactures impacts and micro-gauge, brass rod and copper bar products, and brass value-added products. The climate segment produces items used to create temperature-control goods, including valves, twisted tubes, coaxial heat exchangers, and others. Geographically, it operates in USA, UK, Canada, Asia and the Middle East and Mexico.
91GF Score

Get the complete analysis for MEX:MLI

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

MXN1,175.00
Price
MXN734.11
GF Value