Vistra (MEX:VST) Cyclically Adjusted Book per Share: MXN226.32 (As of Mar. 2026)

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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.
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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:VST Vistra Corp MEX:VST
80 GF Score
Price MXN2,765.00
GF Value MXN2,911.51
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Vistra Cyclically Adjusted Book per Share?

Vistra MEX:VST -0.95% 80 Cyclically Adjusted Book per Share is MXN226.32 as of Mar. 2026. GuruFocus rates MEX:VST with a GF Score™ of 80/100 and a GF Value™ of MXN2,911.51 (Fairly Valued). The stock has 6 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.

Vistra's adjusted book value per share for the three months ended in Mar. 2026 was MXN166.470. 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 MXN226.32 for the trailing ten years ended in Mar. 2026.

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 (2026-07-14), Vistra's current stock price is MXN2765.00. Vistra's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN226.32. Vistra's Cyclically Adjusted PB Ratio of today is 12.22.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Vistra was 20.03. The lowest was 10.90. And the median was 13.63.


Vistra  (MEX:VST) 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.

Vistra's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2765.00/226.32
=12.22

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Vistra was 20.03. The lowest was 10.90. And the median was 13.63.


Be Aware

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


Vistra Cyclically Adjusted Book per Share Related Terms


Vistra Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Vistra'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.

Vistra Cyclically Adjusted Book per Share Chart

Vistra 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 0.00 229.01

Vistra 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 0.00 196.78 191.67 229.01 226.32

MEX:VST vs NRG, TLN, CEG: Cyclically Adjusted Book per Share Comparison

For the Utilities - Independent Power Producers subindustry, Vistra'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.


Vistra Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Vistra's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:VST
80GF Score
Vistra Corp MEX:VST
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vistra 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, Vistra'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)
=166.47/330.2130*330.2130
=166.470

Current CPI (Mar. 2026) = 330.2130.

Vistra Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 241.018 0.000
201609 -1,064.651 241.428 -1,456.176
201612 318.093 241.432 435.064
201703 294.157 243.801 398.417
201706 281.463 244.955 379.428
201709 294.334 246.819 393.782
201712 290.742 246.524 389.442
201803 256.929 249.554 339.972
201806 317.165 251.989 415.621
201809 309.630 252.439 405.024
201812 313.028 251.233 411.434
201903 312.620 254.202 406.099
201906 318.853 256.143 411.057
201909 315.365 256.759 405.585
201912 307.786 256.974 395.507
202003 380.969 258.115 487.383
202006 380.441 257.797 487.308
202009 381.563 260.280 484.083
202012 340.310 260.474 431.424
202103 258.979 264.877 322.860
202106 250.687 271.696 304.679
202109 257.200 274.310 309.616
202112 275.125 278.802 325.858
202203 240.550 287.504 276.284
202206 162.153 296.311 180.706
202209 177.711 296.808 197.712
202212 145.161 296.797 161.504
202303 152.379 301.836 166.705
202306 155.796 305.109 168.615
202309 168.650 307.789 180.937
202312 136.728 306.746 147.188
202403 151.336 312.332 160.000
202406 165.378 314.175 173.820
202409 171.350 315.301 179.454
202412 189.924 315.605 198.715
202503 141.322 319.799 145.924
202506 130.313 322.561 133.404
202509 148.084 324.800 150.552
202512 139.599 324.054 142.252
202603 166.470 330.213 166.470

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 MXN226.32 mean?
Vistra (MEX:VST) has a Cyclically Adjusted Book per Share of MXN226.32 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 Vistra and its competitors.
Is Vistra's Cyclically Adjusted Book per Share too high?
Vistra's current Cyclically Adjusted Book per Share is MXN226.32. Overall, Vistra has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vistra's Cyclically Adjusted Book per Share compare to NRG and TLN?
Vistra's Cyclically Adjusted Book per Share of MXN226.32 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Cyclically Adjusted Book per Share depends on the Utilities - Independent Power Producers 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 Vistra and its competitors. Vistra's current Cyclically Adjusted Book per Share is MXN226.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vistra stock overvalued right now?
Based on GuruFocus' analysis, Vistra (MEX:VST) is currently considered Fairly Valued. The stock's GF Value™ is MXN2,911.51, compared to a current price of MXN2,765.00 — trading 5% below its estimated fair value. The current Cyclically Adjusted Book per Share is MXN226.32. Vistra's overall GF Score™ is 80/100 with 6 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 Vistra (MEX:VST), the current Cyclically Adjusted Book per Share is MXN226.32 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 Vistra (MEX:VST) Overvalued in 2026?

Based on GuruFocus' analysis, Vistra stock appears to be undervalued. The current stock price of MXN2,765.00 is trading 5% below its estimated GF Value™ of MXN2,911.51. GuruFocus considers Vistra to be Fairly Valued.

Key valuation signals for MEX:VST:

  • Cyclically Adjusted Book per Share: MXN226.32
  • GF Value™: MXN2,911.51 vs. price of MXN2,765.00 (5% below fair value)
  • GF Score™: 80/100 with 6 warning signs

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


Vistra Business Description

Address 6555 Sierra Drive, Irving, TX, USA, 75039
Vistra Corp. is one of the largest power producers and retail energy providers in the US. It owns 44 gigawatts of generation capacity, including natural gas (27 GW), nuclear (6.5 GW), coal (8.7 GW), and solar and battery storage (1.3 GW). The Cogentrix acquisition will add 5.5 GW of gas generation. Vistra's retail electricity business serves 5 million customers in 20 states, including almost a third of all Texas electricity consumers. Vistra emerged from the Energy Future Holdings bankruptcy as a stand-alone entity in 2016.
80GF Score

Get the complete analysis for MEX:VST

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

MXN2,765.00
Price
MXN2,911.51
GF Value