DBMBF (FIBRA Macquarie) Cyclically Adjusted PB Ratio: 0.90 (As of Jul. 05, 2026) — 27% Above Median


DBMBF FIBRA Macquarie DBMBF
76 GF Score
Price $2.52
GF Value $2.05
Valuation Modestly Overvalued
! 10 Warning Signs
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What is FIBRA Macquarie Cyclically Adjusted PB Ratio?

FIBRA Macquarie DBMBF 76 Cyclically Adjusted PB Ratio is 0.90 as of Jul. 05, 2026, which is 27% above its 10-year median of 0.71. GuruFocus rates DBMBF with a GF Score™ of 76/100 and a GF Value™ of $2.05 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 561 REITs companies, FIBRA Macquarie ranks worse than 55.79% on this metric.

As of today (2026-07-05), FIBRA Macquarie's current share price is $2.515. FIBRA Macquarie's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2.78. FIBRA Macquarie's Cyclically Adjusted PB Ratio for today is 0.90.

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

DBMBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 0.71   Max: 0.92
Current: 0.9

During the past years, FIBRA Macquarie's highest Cyclically Adjusted PB Ratio was 0.92. The lowest was 0.60. And the median was 0.71.

DBMBF's Cyclically Adjusted PB Ratio is ranked worse than
55.79% of 561 companies
in the REITs industry
Industry Median: 0.82 vs DBMBF: 0.90

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.

FIBRA Macquarie's adjusted book value per share data for the three months ended in Mar. 2026 was $2.922. 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 $2.78 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FIBRA Macquarie  (OTCPK:DBMBF) 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.


FIBRA Macquarie Cyclically Adjusted PB Ratio Related Terms


FIBRA Macquarie Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FIBRA Macquarie'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.

FIBRA Macquarie Cyclically Adjusted PB Ratio Chart

FIBRA Macquarie 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 0.00 0.69 0.75 0.66 0.70

FIBRA Macquarie 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 0.65 0.63 0.66 0.70 0.83

DBMBF vs PLD, PSA, EXR: Cyclically Adjusted PB Ratio Comparison

For the REIT - Industrial subindustry, FIBRA Macquarie'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.


FIBRA Macquarie Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, FIBRA Macquarie's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


DBMBF
76GF Score
FIBRA Macquarie DBMBF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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FIBRA Macquarie 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.

FIBRA Macquarie's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.515/2.78
=0.90

* 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.

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

For example, FIBRA Macquarie'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)
=2.922/166.0400*166.0400
=2.922

Current CPI (Mar. 2026) = 166.0400.

FIBRA Macquarie Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.595 101.905 2.599
201609 1.562 103.084 2.516
201612 1.543 105.002 2.440
201703 1.587 108.063 2.438
201706 1.625 108.339 2.490
201709 1.658 109.628 2.511
201712 1.663 112.114 2.463
201803 1.743 113.505 2.550
201806 1.722 113.373 2.522
201809 1.755 115.130 2.531
201812 1.733 117.530 2.448
201903 1.752 118.050 2.464
201906 1.740 117.848 2.452
201909 1.720 118.581 2.408
201912 1.755 120.854 2.411
202003 1.656 121.885 2.256
202006 1.587 121.777 2.164
202009 1.640 123.341 2.208
202012 1.679 124.661 2.236
202103 1.701 127.574 2.214
202106 1.731 128.936 2.229
202109 1.741 130.742 2.211
202112 2.016 133.830 2.501
202203 2.064 137.082 2.500
202206 2.131 139.233 2.541
202209 2.172 142.116 2.538
202212 2.208 144.291 2.541
202303 2.257 146.472 2.559
202306 2.447 146.272 2.778
202309 2.536 148.446 2.837
202312 2.663 151.017 2.928
202403 2.732 152.947 2.966
202406 2.775 153.551 3.001
202409 2.768 155.246 2.960
202412 2.754 157.378 2.906
202503 2.790 158.761 2.918
202506 2.875 160.180 2.980
202509 2.865 161.030 2.954
202512 2.884 163.190 2.934
202603 2.922 166.040 2.922

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 0.90 mean?
FIBRA Macquarie (DBMBF) has a Cyclically Adjusted PB Ratio of 0.90 as of Jul. 05, 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 FIBRA Macquarie and its competitors. This is 27% above median its historical median of 0.71. Over the past decade, FIBRA Macquarie's Cyclically Adjusted PB Ratio has ranged from 0.60 to 0.92. According to the industry distribution chart, FIBRA Macquarie ranks #313 out of 561 companies in the REITs industry, placing it in the top 55.8%.
Is FIBRA Macquarie's Cyclically Adjusted PB Ratio too high?
FIBRA Macquarie's current Cyclically Adjusted PB Ratio of 0.90 is 27% above median its 10-year median of 0.71. Over the past 10 years, this metric has ranged from a low of 0.60 to a high of 0.92. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. FIBRA Macquarie's value of 0.90 is 9.8% above this industry median. Based on the distribution chart, FIBRA Macquarie ranks #313 out of 561 companies in the REITs industry, which is below the industry midpoint. Overall, FIBRA Macquarie has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does FIBRA Macquarie's Cyclically Adjusted PB Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, FIBRA Macquarie ranks #313 out of 561 companies for Cyclically Adjusted PB Ratio. This places FIBRA Macquarie in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.82. FIBRA Macquarie's value of 0.90 is 9.8% above this benchmark. Historically, FIBRA Macquarie's own Cyclically Adjusted PB Ratio has ranged from 0.60 to 0.92 over the past decade. While the company's 10-year median is 0.71 vs. the industry median of 0.82, FIBRA Macquarie 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.82, based on 561 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. FIBRA Macquarie's current Cyclically Adjusted PB Ratio of 0.90 is 9.8% 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 FIBRA Macquarie and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FIBRA Macquarie's current Cyclically Adjusted PB Ratio is 0.90, which is 27% above median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FIBRA Macquarie stock overvalued right now?
Based on GuruFocus' analysis, FIBRA Macquarie (DBMBF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.05, compared to a current price of $2.52 — trading 22.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.90, which is 27% above median its 10-year median of 0.71 and 9.8% above the REITs industry median of 0.82. FIBRA Macquarie's overall GF Score™ is 76/100 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 FIBRA Macquarie (DBMBF), the current Cyclically Adjusted PB Ratio is 0.90 as of Jul. 05, 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 FIBRA Macquarie (DBMBF) Overvalued in 2026?

Based on GuruFocus' analysis, FIBRA Macquarie stock appears to be overvalued. The current stock price of $2.52 is trading 22.7% above its estimated GF Value™ of $2.05. GuruFocus considers FIBRA Macquarie to be Modestly Overvalued.

Key valuation signals for DBMBF:

  • Cyclically Adjusted PB Ratio: 0.90 (27% above median its 10-year median of 0.71)
  • GF Value™: $2.05 vs. price of $2.52 (22.7% above fair value)
  • GF Score™: 76/100 with 10 warning signs
  • Industry Position: 9.8% above the REITs median (#313 of 561)

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


FIBRA Macquarie Business Description

Industry Real EstateREITs
Other Exchanges FIBRAMQ12:Mexico
Address Pedregal 24 Piso 21, Torre Virreyes, Molino del Rey, Ciudad de Mexico, Mexico City, HGO, MEX, 11040
FIBRA Macquarie is a real estate investment trust engaged in the acquisition, ownership, and leasing of real estate properties in Mexico. Its real estate portfolio is comprised of industrial, retail, and office space. Industrial buildings represent the vast majority of its total number of properties, total square footage, and total revenue. The company has two operating segments industrial and Retail. The industrial segments are distinguished by high-quality tenants, including many Mexican and multinational companies or their affiliates and retail portfolio provides investors exposure to a diversified tenant base, including supermarket operators, prominent retail anchor tenants and sub-anchor tenants, food and beverage outlets, specialty retailers and the government sector.
76GF Score

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

$2.52
Price
$2.05
GF Value