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Virtu Financial (MEX:VIRT) Cyclically Adjusted Book per Share : MXN218.38 (As of Mar. 2025)


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What is Virtu Financial Cyclically Adjusted Book per Share?

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.

Virtu Financial's adjusted book value per share for the three months ended in Mar. 2025 was MXN312.490. 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 MXN218.38 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Virtu Financial's average Cyclically Adjusted Book Growth Rate was 6.70% 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.

As of today (2025-05-28), Virtu Financial's current stock price is MXN794.45. Virtu Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN218.38. Virtu Financial's Cyclically Adjusted PB Ratio of today is 3.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Virtu Financial was 3.71. The lowest was 1.57. And the median was 2.07.


Virtu Financial Cyclically Adjusted Book per Share Historical Data

The historical data trend for Virtu 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.

* Premium members only.

Virtu Financial Cyclically Adjusted Book per Share Chart

Virtu Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 167.50 232.19

Virtu Financial Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 156.51 190.38 214.10 232.19 218.38

Competitive Comparison of Virtu Financial's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Virtu 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.


Virtu Financial's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Virtu Financial's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Virtu 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, Virtu Financial's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=312.49/134.9266*134.9266
=312.490

Current CPI (Mar. 2025) = 134.9266.

Virtu Financial Quarterly Data

Book Value per Share CPI Adj_Book
201506 53.129 100.684 71.198
201509 65.215 100.392 87.649
201512 58.820 99.792 79.529
201603 61.207 100.470 82.198
201606 66.797 101.688 88.631
201609 69.072 101.861 91.494
201612 75.114 101.863 99.495
201703 67.239 102.862 88.199
201706 62.587 103.349 81.710
201709 171.478 104.136 222.181
201712 181.650 104.011 235.642
201803 198.514 105.290 254.392
201806 189.442 106.317 240.421
201809 175.465 106.507 222.286
201812 193.433 105.998 246.224
201903 187.168 107.251 235.467
201906 162.916 108.070 203.403
201909 162.512 108.329 202.412
201912 148.538 108.420 184.853
202003 216.499 108.902 268.238
202006 243.925 108.767 302.591
202009 251.103 109.815 308.523
202012 239.421 109.897 293.951
202103 276.319 111.754 333.614
202106 265.147 114.631 312.091
202109 269.752 115.734 314.485
202112 280.851 117.630 322.149
202203 259.941 121.301 289.140
202206 270.707 125.017 292.165
202209 269.613 125.227 290.497
202212 265.469 125.222 286.043
202303 244.481 127.348 259.031
202306 232.543 128.729 243.739
202309 241.001 129.860 250.405
202312 229.147 129.419 238.898
202403 226.505 131.776 231.920
202406 257.903 132.554 262.520
202409 280.887 133.029 284.894
202412 307.813 133.157 311.903
202503 312.490 134.927 312.490

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Virtu Financial  (MEX:VIRT) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=794.45/218.38
=3.64

* 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 Virtu Financial was 3.71. The lowest was 1.57. And the median was 2.07.


Be Aware

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


Virtu Financial Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Virtu Financial's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Virtu Financial Business Description

Traded in Other Exchanges
Address
1633 Broadway, New York, NY, USA, 10019
Virtu Financial Inc is a financial firm that leverages cutting edge technology to deliver liquidity to the global markets and innovative, transparent trading solutions to its clients. The company's operating segment includes Market Making; and Execution Services. The non-operating segment of the company includes the Corporate segment. The company generates maximum revenue from the market-making segment. The Market Making segment principally consists of market-making in the cash, futures, and options markets across equities, options, fixed income, currencies, and commodities. Geographically, it derives a majority of its revenue from the United States and also has a presence in Ireland and Other Countries.