Raymond James Financial (MEX:RJF) Cyclically Adjusted Book per Share: MXN1,019.98 (As of Mar. 2026)


MEX:RJF Raymond James Financial Inc MEX:RJF
81 GF Score
Price MXN3,173.26
GF Value MXN3,310.21
! 2 Warning Signs
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What is Raymond James Financial Cyclically Adjusted Book per Share?

Raymond James Financial MEX:RJF 81 Cyclically Adjusted Book per Share is MXN1,019.98 as of Mar. 2026. GuruFocus rates MEX:RJF with a GF Score™ of 81/100 and a GF Value™ of MXN3,310.21. The stock has 2 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.

Raymond James Financial's adjusted book value per share for the three months ended in Mar. 2026 was MXN1,164.270. 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 MXN1,019.98 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Raymond James Financial's average Cyclically Adjusted Book Growth Rate was 11.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.30% 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 Raymond James Financial was 19.00% per year. The lowest was 10.10% per year. And the median was 12.20% per year.

As of today (2026-07-03), Raymond James Financial's current stock price is MXN3173.26. Raymond James Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN1,019.98. Raymond James Financial's Cyclically Adjusted PB Ratio of today is 3.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Raymond James Financial was 4.27. The lowest was 1.69. And the median was 3.19.


Raymond James Financial  (MEX:RJF) 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.

Raymond James Financial's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3173.26/1019.98
=3.11

* 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 Raymond James Financial was 4.27. The lowest was 1.69. And the median was 3.19.


Be Aware

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


Raymond James Financial Cyclically Adjusted Book per Share Related Terms


Raymond James Financial Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Raymond James Financial'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.

Raymond James Financial Cyclically Adjusted Book per Share Chart

Raymond James Financial Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 612.90 618.64 685.72 810.60

Raymond James Financial 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 1,016.12 946.32 810.60 885.84 1,019.98

MEX:RJF vs NTRS, ARES, TROW: Cyclically Adjusted Book per Share Comparison

For the Asset Management subindustry, Raymond James Financial'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.


Raymond James Financial Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Raymond James Financial's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:RJF
81GF Score
Raymond James Financial Inc MEX:RJF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Raymond James Financial 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, Raymond James Financial'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)
=1164.27/330.2130*330.2130
=1,164.270

Current CPI (Mar. 2026) = 330.2130.

Raymond James Financial Quarterly Data

Book Value per Share CPI Adj_Book
201606 414.239 241.018 567.539
201609 447.745 241.428 612.403
201612 488.596 241.432 668.266
201703 455.412 243.801 616.827
201706 451.462 244.955 608.596
201709 468.653 246.819 626.999
201712 513.851 246.524 688.291
201803 494.364 249.554 654.149
201806 553.392 251.989 725.179
201809 545.231 252.439 713.211
201812 571.852 251.233 751.625
201903 586.197 254.202 761.481
201906 596.164 256.143 768.559
201909 628.362 256.759 808.125
201912 619.177 256.974 795.646
202003 776.873 258.115 993.873
202006 782.172 257.797 1,001.887
202009 767.229 260.280 973.371
202012 710.760 260.474 901.058
202103 754.314 264.877 940.377
202106 761.944 271.696 926.049
202109 824.023 274.310 991.955
202112 850.358 278.802 1,007.164
202203 823.843 287.504 946.226
202206 877.160 296.311 977.519
202209 873.146 296.808 971.416
202212 882.913 296.797 982.319
202303 841.271 301.836 920.363
202306 811.568 305.109 878.343
202309 845.626 307.789 907.234
202312 871.302 306.746 937.959
202403 872.969 312.332 922.946
202406 990.801 314.175 1,041.379
202409 1,122.968 315.301 1,176.078
202412 1,207.407 315.605 1,263.293
202503 1,221.895 319.799 1,261.685
202506 1,146.784 322.561 1,173.989
202509 1,150.239 324.800 1,169.408
202512 1,141.486 324.054 1,163.181
202603 1,164.270 330.213 1,164.270

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 MXN1,019.98 mean?
Raymond James Financial (MEX:RJF) has a Cyclically Adjusted Book per Share of MXN1,019.98 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 Raymond James Financial and its competitors.
Is Raymond James Financial's Cyclically Adjusted Book per Share too high?
Raymond James Financial's current Cyclically Adjusted Book per Share is MXN1,019.98. Overall, Raymond James Financial has a GF Score™ of 81/100, reflecting its overall financial health beyond just this single metric.
How does Raymond James Financial's Cyclically Adjusted Book per Share compare to NTRS and ARES?
Raymond James Financial's Cyclically Adjusted Book per Share of MXN1,019.98 can be compared against companies in the Asset Management 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 Asset Management company?
A good Cyclically Adjusted Book per Share depends on the Asset Management 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 Raymond James Financial and its competitors. Raymond James Financial's current Cyclically Adjusted Book per Share is MXN1,019.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Raymond James Financial stock overvalued right now?
Raymond James Financial (MEX:RJF) has a current Cyclically Adjusted Book per Share of MXN1,019.98. The stock's GF Value™ is MXN3,310.21, compared to a current price of MXN3,173.26 — trading 4.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN1,019.98. Raymond James Financial's overall GF Score™ is 81/100 with 2 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 Raymond James Financial (MEX:RJF), the current Cyclically Adjusted Book per Share is MXN1,019.98 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 Raymond James Financial (MEX:RJF) Overvalued in 2026?

Based on GuruFocus' analysis, Raymond James Financial stock appears to be undervalued. The current stock price of MXN3,173.26 is trading 4.1% below its estimated GF Value™ of MXN3,310.21.

Key valuation signals for MEX:RJF:

  • Cyclically Adjusted Book per Share: MXN1,019.98
  • GF Value™: MXN3,310.21 vs. price of MXN3,173.26 (4.1% below fair value)
  • GF Score™: 81/100 with 2 warning signs

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


Raymond James Financial Business Description

Address 880 Carillon Parkway, Saint Petersburg, FL, USA, 33716
Raymond James Financial is a diversified financial services firm that provides wealth management, investment banking, asset management, and capital markets services to individuals, corporations, and municipalities. The firm maintains an extensive catalogue of products and services across its business lines. However, the wealth management franchise generates the bulk of its revenues and earnings through a vast network of more than 8,900 independent and employee-affiliated advisors, who collectively managed over $1.7 trillion in client assets as of fiscal year-end 2025. While Raymond James maintains a global footprint, the company derives over 90% of its revenue and an even larger percentage of its operating income, from the United States.
81GF Score

Get the complete analysis for MEX:RJF

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

MXN3,173.26
Price
MXN3,310.21
GF Value