Murphy USA (MEX:MUSA1) Cyclically Adjusted Book per Share: MXN (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:MUSA1 Murphy USA Inc MEX:MUSA1
60 GF Score
Price MXN9,000.00
GF Value MXN9,031.39
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Murphy USA Cyclically Adjusted Book per Share?

Murphy USA MEX:MUSA1 -0.33% 60 Cyclically Adjusted Book per Share is MXN as of Jun. 2026. GuruFocus rates MEX:MUSA1 with a GF Score™ of 60/100 and a GF Value™ of MXN9,031.39 (Fairly Valued). 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.

Murphy USA's adjusted book value per share for the three months ended in Jun. 2026 was MXN744.094. 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 MXN for the trailing ten years ended in Jun. 2026.

During the past 12 months, Murphy USA's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 Murphy USA was 8.60% per year. The lowest was 7.60% per year. And the median was 8.10% per year.

As of today (2026-09-21), Murphy USA's current stock price is MXN9000.00. Murphy USA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN. Murphy USA's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Murphy USA was 18.10. The lowest was 6.70. And the median was 12.17.


Murphy USA  (MEX:MUSA1) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Murphy USA was 18.10. The lowest was 6.70. And the median was 12.17.


Be Aware

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


Murphy USA Cyclically Adjusted Book per Share Related Terms


Murphy USA Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Murphy USA'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.

Murphy USA Cyclically Adjusted Book per Share Chart

Murphy USA 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 - - - - -

Murphy USA 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 - - - - -

MEX:MUSA1 vs GME, DKS, FIVE: Cyclically Adjusted Book per Share Comparison

For the Specialty Retail subindustry, Murphy USA'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.


Murphy USA Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Murphy USA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:MUSA1
60GF Score
Murphy USA Inc MEX:MUSA1
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Murphy USA 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, Murphy USA'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)
=744.094/333.9520*333.9520
=744.094

Current CPI (Jun. 2026) = 333.9520.

Murphy USA Quarterly Data

Book Value per Share CPI Adj_Book
201609 380.650 241.428 526.529
201612 388.803 241.432 537.798
201703 344.549 243.801 471.954
201706 341.713 244.955 465.864
201709 347.096 246.819 469.629
201712 423.777 246.524 574.067
201803 387.404 249.554 518.422
201806 419.253 251.989 555.621
201809 422.750 252.439 559.257
201812 492.809 251.233 655.067
201903 481.042 254.202 631.958
201906 490.534 256.143 639.544
201909 500.024 256.759 650.353
201912 497.826 256.974 646.953
202003 600.438 258.115 776.853
202006 727.003 257.797 941.765
202009 692.154 260.280 888.068
202012 573.372 260.474 735.116
202103 593.200 264.877 747.896
202106 583.871 271.696 717.658
202109 661.061 274.310 804.793
202112 662.490 278.802 793.538
202203 652.192 287.504 757.558
202206 658.974 296.311 742.685
202209 681.701 296.808 767.012
202212 574.049 296.797 645.912
202303 594.151 301.836 657.370
202306 600.223 305.109 656.964
202309 689.438 307.789 748.042
202312 673.647 306.746 733.394
202403 627.076 312.332 670.483
202406 723.935 314.175 769.506
202409 803.573 315.301 851.107
202412 872.687 315.605 923.419
202503 744.966 319.799 777.935
202506 632.692 322.561 655.035
202509 534.286 324.800 549.341
202512 603.817 324.054 622.260
202603 643.394 330.213 650.679
202606 744.094 333.952 744.094

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 MXN mean?
Murphy USA (MEX:MUSA1) has a Cyclically Adjusted Book per Share of MXN 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 Murphy USA and its competitors.
Is Murphy USA's Cyclically Adjusted Book per Share too high?
Murphy USA's current Cyclically Adjusted Book per Share is MXN. Overall, Murphy USA has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Murphy USA's Cyclically Adjusted Book per Share compare to GME and DKS?
Murphy USA's Cyclically Adjusted Book per Share of MXN can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Cyclically Adjusted Book per Share depends on the Retail - Cyclical 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 Murphy USA and its competitors. Murphy USA's current Cyclically Adjusted Book per Share is MXN. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Murphy USA stock overvalued right now?
Based on GuruFocus' analysis, Murphy USA (MEX:MUSA1) is currently considered Fairly Valued. The stock's GF Value™ is MXN9,031.39, compared to a current price of MXN9,000.00 — trading 0.3% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN. Murphy USA's overall GF Score™ is 60/100 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 Murphy USA (MEX:MUSA1), the current Cyclically Adjusted Book per Share is MXN 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 Murphy USA (MEX:MUSA1) Overvalued in 2026?

Based on GuruFocus' analysis, Murphy USA stock appears to be undervalued. The current stock price of MXN9,000.00 is trading 0.3% below its estimated GF Value™ of MXN9,031.39. GuruFocus considers Murphy USA to be Fairly Valued.

Key valuation signals for MEX:MUSA1:

  • Cyclically Adjusted Book per Share: MXN
  • GF Value™: MXN9,031.39 vs. price of MXN9,000.00 (0.3% below fair value)
  • GF Score™: 60/100 with 3 warning signs

No single metric tells the full story. See the MEX:MUSA1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Murphy USA Business Description

Other Exchanges MUSA:USA
Address 200 Peach Street, El Dorado, AR, USA, 71730-5836
Murphy USA Inc is mainly engaged in the marketing of retail motor fuel products and convenience merchandise through a network of several retail stores in the Southwest, Southeast, Midwest, and Northeast United States. The majority of Murphy USA's stores are located in proximity to Walmart Supercenters, but it also operates standalone stores that market gasoline and other products under the Murphy USA, Murphy Express, and QuickChek brands. In addition, the company also markets fuel to unbranded wholesale customers through a mixture of company-owned and third-party product distribution terminals and pipeline positions. The firm generates maximum revenue through retail sales of petroleum products, and the rest from merchandise sales and wholesale of petroleum products.
60GF Score

Get the complete analysis for MEX:MUSA1

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

MXN9,000.00
Price
MXN9,031.39
GF Value