CX (CemexB de CV) Cyclically Adjusted PB Ratio: 1.32 (As of Jul. 13, 2026) — 63% Above Median


CX Cemex SAB de CV CX
73 GF Score
Price $12.51
GF Value $7.59
Valuation Significantly Overvalued
! 10 Warning Signs
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What is CemexB de CV Cyclically Adjusted PB Ratio?

CemexB de CV CX +0.20% 73 Cyclically Adjusted PB Ratio is 1.32 as of Jul. 13, 2026, which is 63% above its 10-year median of 0.81. GuruFocus rates CX with a GF Score™ of 73/100 and a GF Value™ of $7.59 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 326 Building Materials companies, CemexB de CV ranks worse than 56.13% on this metric.

As of today (2026-07-13), CemexB de CV's current share price is $12.505. CemexB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $9.48. CemexB de CV's Cyclically Adjusted PB Ratio for today is 1.32.

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

CX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.29   Med: 0.81   Max: 1.34
Current: 1.28

During the past years, CemexB de CV's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.29. And the median was 0.81.

CX's Cyclically Adjusted PB Ratio is ranked worse than
56.13% of 326 companies
in the Building Materials industry
Industry Median: 1.08 vs CX: 1.28

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.

CemexB de CV's adjusted book value per share data for the three months ended in Mar. 2026 was $9.104. 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 $9.48 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CemexB de CV  (NYSE:CX) 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.


CemexB de CV Cyclically Adjusted PB Ratio Related Terms


CemexB de CV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CemexB 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.

CemexB de CV Cyclically Adjusted PB Ratio Chart

CemexB de CV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.52 0.85 0.73 1.24

CemexB de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.71 0.79 1.00 1.24 1.21

CX vs CRH, VMC, MLM: Cyclically Adjusted PB Ratio Comparison

For the Building Materials subindustry, CemexB 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.


CemexB de CV Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, CemexB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


CX
73GF Score
Cemex SAB de CV CX
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CemexB 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.

CemexB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.505/9.48
=1.32

* 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.

CemexB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, CemexB de CV'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)
=9.104/166.0400*166.0400
=9.104

Current CPI (Mar. 2026) = 166.0400.

CemexB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.107 101.905 9.951
201609 6.067 103.084 9.772
201612 5.759 105.002 9.107
201703 6.154 108.063 9.456
201706 6.179 108.339 9.470
201709 6.311 109.628 9.559
201712 5.975 112.114 8.849
201803 6.278 113.505 9.184
201806 6.297 113.373 9.222
201809 6.547 115.130 9.442
201812 6.320 117.530 8.929
201903 6.101 118.050 8.581
201906 6.339 117.848 8.931
201909 6.427 118.581 8.999
201912 6.170 120.854 8.477
202003 5.814 121.885 7.920
202006 5.820 121.777 7.935
202009 5.026 123.341 6.766
202012 5.482 124.661 7.302
202103 5.897 127.574 7.675
202106 6.782 128.936 8.734
202109 6.477 130.742 8.226
202112 6.672 133.830 8.278
202203 0.000 137.082 0.000
202206 6.976 139.233 8.319
202209 7.244 142.116 8.463
202212 7.129 144.291 8.204
202303 6.856 146.472 7.772
202306 8.382 146.272 9.515
202309 8.398 148.446 9.393
202312 8.118 151.017 8.926
202403 8.108 152.947 8.802
202406 8.122 153.551 8.783
202409 8.339 155.246 8.919
202412 8.392 157.378 8.854
202503 9.005 158.761 9.418
202506 9.209 160.180 9.546
202509 9.376 161.030 9.668
202512 9.188 163.190 9.348
202603 9.104 166.040 9.104

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.

What does a Cyclically Adjusted PB Ratio of 1.32 mean?
CemexB de CV (CX) has a Cyclically Adjusted PB Ratio of 1.32 as of Jul. 13, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on CemexB de CV and its competitors. This is 63% above median its historical median of 0.81. Over the past decade, CemexB de CV's Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.34. According to the industry distribution chart, CemexB de CV ranks #183 out of 326 companies in the Building Materials industry, placing it in the top 56.1%.
Is CemexB de CV's Cyclically Adjusted PB Ratio too high?
CemexB de CV's current Cyclically Adjusted PB Ratio of 1.32 is 63% above median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 1.34. The Building Materials industry median Cyclically Adjusted PB Ratio is 1.08. CemexB de CV's value of 1.32 is 22.2% above this industry median. Based on the distribution chart, CemexB de CV ranks #183 out of 326 companies in the Building Materials industry, which is below the industry midpoint. Overall, CemexB de CV has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CemexB de CV's Cyclically Adjusted PB Ratio compare to CRH and VMC?
According to the Building Materials industry distribution chart, CemexB de CV ranks #183 out of 326 companies for Cyclically Adjusted PB Ratio. This places CemexB de CV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.08. CemexB de CV's value of 1.32 is 22.2% above this benchmark. Historically, CemexB de CV's own Cyclically Adjusted PB Ratio has ranged from 0.29 to 1.34 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.08, CemexB de CV has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Building Materials company?
The median Cyclically Adjusted PB Ratio among Building Materials companies is 1.08, based on 326 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CemexB de CV's current Cyclically Adjusted PB Ratio of 1.32 is 22.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on CemexB de CV and its competitors. For the Building Materials industry, the median Cyclically Adjusted PB Ratio is 1.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CemexB de CV's current Cyclically Adjusted PB Ratio is 1.32, which is 63% above median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CemexB de CV stock overvalued right now?
Based on GuruFocus' analysis, CemexB de CV (CX) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.59, compared to a current price of $12.51 — trading 64.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.32, which is 63% above median its 10-year median of 0.81 and 22.2% above the Building Materials industry median of 1.08. CemexB de CV's overall GF Score™ is 73/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For CemexB de CV (CX), the current Cyclically Adjusted PB Ratio is 1.32 as of Jul. 13, 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 CemexB de CV (CX) Overvalued in 2026?

Based on GuruFocus' analysis, CemexB de CV stock appears to be overvalued. The current stock price of $12.51 is trading 64.8% above its estimated GF Value™ of $7.59. GuruFocus considers CemexB de CV to be Significantly Overvalued.

Key valuation signals for CX:

  • Cyclically Adjusted PB Ratio: 1.32 (63% above median its 10-year median of 0.81)
  • GF Value™: $7.59 vs. price of $12.51 (64.8% above fair value)
  • GF Score™: 73/100 with 10 warning signs
  • Industry Position: 22.2% above the Building Materials median (#183 of 326)

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


CemexB de CV Business Description

Address Avenida Ricardo Margain Zozaya, No.325, Colonia Valle del Campestre, San Pedro Garza Garcia, NL, MEX, 66265
Cemex SAB de CV is a ready-mix concrete company that mainly engaged in activities that are oriented to the construction industry, mainly through the production, marketing, sale, and distribution of cement, ready-mix concrete, aggregates, urbanization solutions, and other construction materials and also provide related services and reliable construction-related services to customers and communities and maintain business relationships in more than 60 countries throughout the world. The company operates in different parts of the world, with operations in Mexico, the United States, the EMEA region and the SCA&C region.
73GF Score

Get the complete analysis for CX

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

$12.51
Price
$7.59
GF Value