O-I Glass (MEX:OI) Cyclically Adjusted Book per Share: MXN177.26 (As of Mar. 2026)


MEX:OI O-I Glass Inc MEX:OI
59 GF Score
Price MXN155.00
GF Value MXN209.31
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is O-I Glass Cyclically Adjusted Book per Share?

O-I Glass MEX:OI 59 Cyclically Adjusted Book per Share is MXN177.26 as of Mar. 2026. GuruFocus rates MEX:OI with a GF Score™ of 59/100 and a GF Value™ of MXN209.31 (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.

O-I Glass's adjusted book value per share for the three months ended in Mar. 2026 was MXN150.096. 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 MXN177.26 for the trailing ten years ended in Mar. 2026.

During the past 12 months, O-I Glass's average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.70% 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 O-I Glass was 6.20% per year. The lowest was -10.00% per year. And the median was -0.70% per year.

As of today (2026-07-05), O-I Glass's current stock price is MXN155.00. O-I Glass's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN177.26. O-I Glass's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of O-I Glass was 4.17. The lowest was 0.83. And the median was 2.36.


O-I Glass  (MEX:OI) 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.

O-I Glass's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=155.00/177.26
=0.87

* 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 O-I Glass was 4.17. The lowest was 0.83. And the median was 2.36.


Be Aware

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


O-I Glass Cyclically Adjusted Book per Share Related Terms


O-I Glass Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for O-I Glass'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.

O-I Glass Cyclically Adjusted Book per Share Chart

O-I Glass 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 115.14 109.55 145.26 131.27 102.36

O-I Glass 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 125.51 98.47 113.56 102.36 177.26

MEX:OI vs TRS, MYE, KRT: Cyclically Adjusted Book per Share Comparison

For the Packaging & Containers subindustry, O-I Glass'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.


O-I Glass Cyclically Adjusted PB Ratio vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, O-I Glass's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where O-I Glass's Cyclically Adjusted PB Ratio falls into.


MEX:OI
59GF Score
O-I Glass Inc MEX:OI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

O-I Glass 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, O-I Glass'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)
=150.096/330.2130*330.2130
=150.096

Current CPI (Mar. 2026) = 330.2130.

O-I Glass Quarterly Data

Book Value per Share CPI Adj_Book
201606 39.707 241.018 54.402
201609 47.803 241.428 65.383
201612 32.258 241.432 44.120
201703 57.865 243.801 78.374
201706 74.357 244.955 100.237
201709 91.524 246.819 122.448
201712 97.307 246.524 130.340
201803 111.113 249.554 147.026
201806 95.997 251.989 125.797
201809 111.736 252.439 146.161
201812 99.148 251.233 130.317
201903 110.966 254.202 144.147
201906 120.475 256.143 155.313
201909 42.495 256.759 54.652
201912 56.505 256.974 72.609
202003 -2.546 258.115 -3.257
202006 -7.206 257.797 -9.230
202009 23.473 260.280 29.780
202012 37.536 260.474 47.586
202103 20.194 264.877 25.175
202106 50.498 271.696 61.374
202109 60.574 274.310 72.919
202112 94.465 278.802 111.884
202203 121.850 287.504 139.951
202206 147.672 296.311 164.568
202209 173.613 296.808 193.153
202212 178.591 296.797 198.698
202303 205.355 301.836 224.661
202306 223.558 305.109 241.952
202309 223.580 307.789 239.869
202312 177.056 306.746 190.601
202403 179.794 312.332 190.087
202406 177.230 314.175 186.277
202409 171.633 315.301 179.750
202412 146.061 315.605 152.822
202503 147.336 319.799 152.134
202506 151.051 322.561 154.634
202509 158.487 324.800 161.128
202512 152.311 324.054 155.206
202603 150.096 330.213 150.096

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 MXN177.26 mean?
O-I Glass (MEX:OI) has a Cyclically Adjusted Book per Share of MXN177.26 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 O-I Glass and its competitors.
Is O-I Glass' Cyclically Adjusted Book per Share too high?
O-I Glass' current Cyclically Adjusted Book per Share is MXN177.26. Overall, O-I Glass has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does O-I Glass' Cyclically Adjusted Book per Share compare to TRS and MYE?
O-I Glass' Cyclically Adjusted Book per Share of MXN177.26 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Cyclically Adjusted Book per Share depends on the Packaging & Containers 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 O-I Glass and its competitors. O-I Glass's current Cyclically Adjusted Book per Share is MXN177.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is O-I Glass stock overvalued right now?
Based on GuruFocus' analysis, O-I Glass (MEX:OI) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN209.31, compared to a current price of MXN155.00 — trading 25.9% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN177.26. O-I Glass' overall GF Score™ is 59/100 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 O-I Glass (MEX:OI), the current Cyclically Adjusted Book per Share is MXN177.26 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 O-I Glass (MEX:OI) Overvalued in 2026?

Based on GuruFocus' analysis, O-I Glass stock appears to be undervalued. The current stock price of MXN155.00 is trading 25.9% below its estimated GF Value™ of MXN209.31. GuruFocus considers O-I Glass to be Modestly Undervalued.

Key valuation signals for MEX:OI:

  • Cyclically Adjusted Book per Share: MXN177.26
  • GF Value™: MXN209.31 vs. price of MXN155.00 (25.9% below fair value)
  • GF Score™: 59/100 with 3 warning signs

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


O-I Glass Business Description

Other Exchanges OI:USA2WZ:Germany
Address One Michael Owens Way, Perrysburg, OH, USA, 43551
O-I Glass is the manufacturer of glass containers. The Company has two reportable segments and two operating segments based on its geographic locations: Americas and Europe. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food.
59GF Score

Get the complete analysis for MEX:OI

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

MXN155.00
Price
MXN209.31
GF Value