ExxonMobil Holdings (WAR:EXXN) Cyclically Adjusted Book per Share: zł215.30 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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WAR:EXXN ExxonMobil Holdings Corp WAR:EXXN
23 GF Score
Price zł614.40
GF Value zł485.33
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is ExxonMobil Holdings Cyclically Adjusted Book per Share?

ExxonMobil Holdings WAR:EXXN +1.22% 23 Cyclically Adjusted Book per Share is zł215.30 as of Jun. 2026. GuruFocus rates WAR:EXXN with a GF Score™ of 23/100 and a GF Value™ of zł485.33 (Modestly Overvalued). The stock has 4 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.

ExxonMobil Holdings's adjusted book value per share for the three months ended in Jun. 2026 was zł237.272. 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 zł215.30 for the trailing ten years ended in Jun. 2026.

During the past 12 months, ExxonMobil Holdings's average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.50% 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 ExxonMobil Holdings was 11.50% per year. The lowest was 3.40% per year. And the median was 7.10% per year.

As of today (2026-09-14), ExxonMobil Holdings's current stock price is zł614.40. ExxonMobil Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was zł215.30. ExxonMobil Holdings's Cyclically Adjusted PB Ratio of today is 2.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ExxonMobil Holdings was 3.12. The lowest was 0.75. And the median was 2.06.


ExxonMobil Holdings  (WAR:EXXN) 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.

ExxonMobil Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=614.40/215.30
=2.85

* 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 ExxonMobil Holdings was 3.12. The lowest was 0.75. And the median was 2.06.


Be Aware

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


ExxonMobil Holdings Cyclically Adjusted Book per Share Related Terms


ExxonMobil Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for ExxonMobil Holdings'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.

ExxonMobil Holdings Cyclically Adjusted Book per Share Chart

ExxonMobil Holdings 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 0.00

ExxonMobil Holdings 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 0.00 0.00 0.00 212.59 215.30

WAR:EXXN vs CVX, NFG, DEC: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Integrated subindustry, ExxonMobil Holdings'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.


ExxonMobil Holdings Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ExxonMobil Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


WAR:EXXN
23GF Score
ExxonMobil Holdings Corp WAR:EXXN
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ExxonMobil Holdings 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, ExxonMobil Holdings'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)
=237.272/333.9520*333.9520
=237.272

Current CPI (Jun. 2026) = 333.9520.

ExxonMobil Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201609 154.747 241.428 214.052
201612 151.731 241.432 209.876
201703 157.257 243.801 215.406
201706 159.063 244.955 216.854
201709 161.813 246.819 218.937
201712 166.543 246.524 225.606
201803 167.197 249.554 223.742
201806 166.333 251.989 220.435
201809 169.126 252.439 223.737
201812 170.267 251.233 226.328
201903 169.996 254.202 223.328
201906 170.133 256.143 221.815
201909 168.833 256.759 219.592
201912 170.259 256.974 221.261
202003 161.978 258.115 209.569
202006 160.291 257.797 207.642
202009 157.815 260.280 202.484
202012 139.643 260.474 179.035
202103 139.469 264.877 175.840
202106 140.887 271.696 173.170
202109 142.680 274.310 173.702
202112 149.585 278.802 179.175
202203 151.094 287.504 175.504
202206 160.034 296.311 180.363
202209 169.974 296.808 191.245
202212 179.731 296.797 202.231
202303 184.849 301.836 204.517
202306 187.025 305.109 204.705
202309 189.549 307.789 205.661
202312 193.994 306.746 211.200
202403 195.798 312.332 209.351
202406 227.240 314.175 241.545
202409 229.868 315.301 243.465
202412 227.863 315.605 241.109
202503 229.301 319.799 239.449
202506 231.684 322.561 239.866
202509 232.403 324.800 238.951
202512 233.468 324.054 240.599
202603 230.844 330.213 233.458
202606 237.272 333.952 237.272

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 zł215.30 mean?
ExxonMobil Holdings (WAR:EXXN) has a Cyclically Adjusted Book per Share of zł215.30 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 ExxonMobil Holdings and its competitors.
Is ExxonMobil Holdings' Cyclically Adjusted Book per Share too high?
ExxonMobil Holdings' current Cyclically Adjusted Book per Share is zł215.30. Overall, ExxonMobil Holdings has a GF Score™ of 23/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ExxonMobil Holdings' Cyclically Adjusted Book per Share compare to CVX and NFG?
ExxonMobil Holdings' Cyclically Adjusted Book per Share of zł215.30 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas 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 ExxonMobil Holdings and its competitors. ExxonMobil Holdings's current Cyclically Adjusted Book per Share is zł215.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ExxonMobil Holdings stock overvalued right now?
Based on GuruFocus' analysis, ExxonMobil Holdings (WAR:EXXN) is currently considered Modestly Overvalued. The stock's GF Value™ is zł485.33, compared to a current price of zł614.40 — trading 26.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is zł215.30. ExxonMobil Holdings' overall GF Score™ is 23/100 with 4 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 ExxonMobil Holdings (WAR:EXXN), the current Cyclically Adjusted Book per Share is zł215.30 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 ExxonMobil Holdings (WAR:EXXN) Overvalued in 2026?

Based on GuruFocus' analysis, ExxonMobil Holdings stock appears to be overvalued. The current stock price of zł614.40 is trading 26.6% above its estimated GF Value™ of zł485.33. GuruFocus considers ExxonMobil Holdings to be Modestly Overvalued.

Key valuation signals for WAR:EXXN:

  • Cyclically Adjusted Book per Share: zł215.30
  • GF Value™: zł485.33 vs. price of zł614.40 (26.6% above fair value)
  • GF Score™: 23/100 with 4 warning signs

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


ExxonMobil Holdings Business Description

Industry EnergyOil & Gas
Address 22777 Springwoods Village Parkway, Spring, TX, USA, 77389-1425
ExxonMobil is an integrated oil and gas company that explores for, produces, and refines oil worldwide. In 2025, it produced 3.3 million barrels of liquids and 8.4 billion cubic feet of natural gas per day. At the end of 2025, reserves were 19.3 billion barrels of oil equivalent, 69% of which were liquids. The company is one of the world's largest refiners, with a total global refining capacity of 4.1 million barrels of oil per day, and is one of the world's largest manufacturers of commodity and specialty chemicals.
23GF Score

Get the complete analysis for WAR:EXXN

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

zł614.40
Price
zł485.33
GF Value