Federal Home Loan Mortgage (BUE:FMCC) Cyclically Adjusted PB Ratio: (As of Aug. 05, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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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Charlie Tian
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.

BUE:FMCC Federal Home Loan Mortgage Corp BUE:FMCC
30 GF Score
Price ARS12,000.00
GF Value ARS9,799.98
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Federal Home Loan Mortgage Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Federal Home Loan Mortgage  (BUE:FMCC) 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.


Federal Home Loan Mortgage Cyclically Adjusted PB Ratio Related Terms


Federal Home Loan Mortgage Cyclically Adjusted PB Ratio Historical Data

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The historical data trend for Federal Home Loan Mortgage'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.

Federal Home Loan Mortgage Cyclically Adjusted PB Ratio Chart

Federal Home Loan Mortgage Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
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Federal Home Loan Mortgage Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.00 0.00

BUE:FMCC vs PFSI, WD, VEL: Cyclically Adjusted PB Ratio Comparison

For the Mortgage Finance subindustry, Federal Home Loan Mortgage'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.


Federal Home Loan Mortgage Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Federal Home Loan Mortgage's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Federal Home Loan Mortgage's Cyclically Adjusted PB Ratio falls into.


BUE:FMCC
30GF Score
Federal Home Loan Mortgage Corp BUE:FMCC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Federal Home Loan Mortgage 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.

Federal Home Loan Mortgage's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Federal Home Loan Mortgage'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)
=-40959.458/333.9520*333.9520
=-40,959.458

Current CPI (Jun. 2026) = 333.9520.

Federal Home Loan Mortgage Quarterly Data

Book Value per Share CPI Adj_Book
201609 -3,806.256 241.428 -5,264.952
201612 -3,968.697 241.432 -5,489.555
201703 -3,965.919 243.801 -5,432.408
201706 -4,254.007 244.955 -5,799.572
201709 -4,377.546 246.819 -5,922.924
201712 -5,096.884 246.524 -6,904.458
201803 -5,244.938 249.554 -7,018.752
201806 -6,305.191 251.989 -8,356.044
201809 -9,193.042 252.439 -12,161.492
201812 -9,544.895 251.233 -12,687.572
201903 -9,872.862 254.202 -12,970.244
201906 -11,262.330 256.143 -14,683.507
201909 -13,779.410 256.759 -17,922.104
201912 -14,277.216 256.974 -18,554.036
202003 -14,752.606 258.115 -19,087.082
202006 -15,863.351 257.797 -20,549.494
202009 -16,643.300 260.280 -21,354.170
202012 -17,612.511 260.474 -22,580.884
202103 -18,836.346 264.877 -23,748.515
202106 -18,756.267 271.696 -23,054.049
202109 -18,485.032 274.310 -22,504.150
202112 -18,246.121 278.802 -21,855.398
202203 -18,184.174 287.504 -21,121.937
202206 -19,494.993 296.311 -21,971.482
202209 -22,027.741 296.808 -24,784.400
202212 -25,655.303 296.797 -28,867.003
202303 -28,985.508 301.836 -32,069.628
202306 -33,080.023 305.109 -36,207.191
202309 -45,323.495 307.789 -49,176.130
202312 -43,354.875 306.746 -47,200.117
202403 -94,076.533 312.332 -100,588.625
202406 -92,390.538 314.175 -98,206.429
202409 -88,803.594 315.301 -94,056.593
202412 -84,465.496 315.605 -89,375.711
202503 -79,876.515 319.799 -83,411.524
202506 -80,161.893 322.561 -82,992.750
202509 -80,040.130 324.800 -82,295.448
202512 -73,117.033 324.054 -75,350.341
202603 -55,214.829 330.213 -55,840.026
202606 -40,959.458 333.952 -40,959.458

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.

Is Federal Home Loan Mortgage (BUE:FMCC) Overvalued in 2026?

Based on GuruFocus' analysis, Federal Home Loan Mortgage stock appears to be overvalued. The current stock price of ARS12,000.00 is trading 22.4% above its estimated GF Value™ of ARS9,799.98. GuruFocus considers Federal Home Loan Mortgage to be Modestly Overvalued.

Key valuation signals for BUE:FMCC:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: ARS9,799.98 vs. price of ARS12,000.00 (22.4% above fair value)
  • GF Score™: 30/100 with 2 warning signs

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


Federal Home Loan Mortgage Business Description

Address 8200 Jones Branch Drive, McLean, VA, USA, 22102-3110
Federal Home Loan Mortgage Corp is a U.S. based government-sponsored enterprise. The company invests in mortgage loans and mortgage-related securities. Its two reportable segments are: i) Single-Family: It provides liquidity and support to the single-family mortgage market through a variety of activities that include the purchase, securitization, and guarantee of single-family loans originated by lenders, and ii) Multifamily: It provides liquidity and support to the multifamily mortgage market through a variety of activities that include the purchase, securitization, and guarantee of multifamily loans. The majority of the company's revenue is derived from the Single-Family segment.
30GF Score

Get the complete analysis for BUE:FMCC

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

ARS12,000.00
Price
ARS9,799.98
GF Value