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Bolsa Mexicana de ValoresB de CV (Bolsa Mexicana de ValoresB de CV) Cyclically Adjusted PB Ratio : 2.31 (As of May. 01, 2024)


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What is Bolsa Mexicana de ValoresB de CV Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Bolsa Mexicana de ValoresB de CV's current share price is $1.85. Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $0.80. Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio for today is 2.31.

The historical rank and industry rank for Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio or its related term are showing as below:

BOMXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.12   Med: 3.15   Max: 4.36
Current: 2.44

During the past years, Bolsa Mexicana de ValoresB de CV's highest Cyclically Adjusted PB Ratio was 4.36. The lowest was 2.12. And the median was 3.15.

BOMXF's Cyclically Adjusted PB Ratio is ranked worse than
70.82% of 466 companies
in the Capital Markets industry
Industry Median: 1.145 vs BOMXF: 2.44

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.

Bolsa Mexicana de ValoresB de CV's adjusted book value per share data for the three months ended in Jun. 2023 was $0.690. 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 $0.80 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bolsa Mexicana de ValoresB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio 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.

Bolsa Mexicana de ValoresB de CV Cyclically Adjusted PB Ratio Chart

Bolsa Mexicana de ValoresB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 3.60 3.99 3.11 2.81

Bolsa Mexicana de ValoresB de CV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Cyclically Adjusted PB Ratio 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 2.74 2.55 2.81 2.84 2.63

Competitive Comparison of Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio

For the Financial Data & Stock Exchanges subindustry, Bolsa Mexicana de ValoresB de CV'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.


Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio falls into.



Bolsa Mexicana de ValoresB de CV Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.85/0.8
=2.31

* 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.

Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Bolsa Mexicana de ValoresB de CV's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.69/146.2719*146.2719
=0.690

Current CPI (Jun. 2023) = 146.2719.

Bolsa Mexicana de ValoresB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.686 93.700 1.071
201312 0.715 95.568 1.094
201403 0.740 96.932 1.117
201406 0.685 96.609 1.037
201409 0.687 97.652 1.029
201412 0.619 99.469 0.910
201503 0.621 99.973 0.909
201506 0.563 99.382 0.829
201509 0.536 100.112 0.783
201512 0.531 101.588 0.765
201603 0.000 102.573 0.000
201606 0.479 101.905 0.688
201609 0.474 103.084 0.673
201612 0.467 105.002 0.651
201703 0.536 108.063 0.726
201706 0.513 108.339 0.693
201709 0.539 109.628 0.719
201712 0.526 112.114 0.686
201803 0.598 113.505 0.771
201806 0.507 113.373 0.654
201809 0.562 115.130 0.714
201812 0.568 117.530 0.707
201903 0.603 118.050 0.747
201906 0.543 117.848 0.674
201909 0.559 118.581 0.690
201912 0.609 120.854 0.737
202003 0.526 121.885 0.631
202006 0.483 121.777 0.580
202009 0.531 123.341 0.630
202012 0.615 124.661 0.722
202103 0.629 127.574 0.721
202106 0.570 128.936 0.647
202109 0.581 130.742 0.650
202112 0.618 133.830 0.675
202203 0.675 137.082 0.720
202206 0.588 139.233 0.618
202209 0.613 142.116 0.631
202212 0.664 144.291 0.673
202303 0.753 146.472 0.752
202306 0.690 146.272 0.690

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


Bolsa Mexicana de ValoresB de CV  (OTCPK:BOMXF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Bolsa Mexicana de ValoresB de CV Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bolsa Mexicana de ValoresB de CV (Bolsa Mexicana de ValoresB de CV) Business Description

Traded in Other Exchanges
Address
Avenida Paseo de la Reforma 255, Colonia Cuauhtemoc, Mexico, DF, MEX, 06500
Bolsa Mexicana de Valores SAB de CV or Grupo BMV is a public securities exchange operating in Mexico but with listings from both Mexican and foreign issuers. Its services include trading, listing, custody, clearing, and settlement, as well as counterparty services and data sales. The company's largest sources of revenue include cash equities, derivatives, over-the-counter activity, issuers, custody, and information services. Much of the company's revenue is driven by trading volume. The company's largest costs are personnel and technology-related. As with most exchanges, Grupo BMV heavily relies on technology to deliver its services.

Bolsa Mexicana de ValoresB de CV (Bolsa Mexicana de ValoresB de CV) Headlines

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