FBBPF (PrologisProperty Mexico de CV) Cyclically Adjusted PB Ratio: 1.34 (As of Jul. 27, 2026) — Near Median

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FBBPF PrologisProperty Mexico SA de CV FBBPF
92 GF Score
Price $4.53
GF Value $5.04
Valuation Modestly Undervalued
! 6 Warning Signs
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What is PrologisProperty Mexico de CV Cyclically Adjusted PB Ratio?

PrologisProperty Mexico de CV FBBPF +1.75% 92 Cyclically Adjusted PB Ratio is 1.34 as of Jul. 27, 2026, which is 2% above its 10-year median of 1.32. GuruFocus rates FBBPF with a GF Score™ of 92/100 and a GF Value™ of $5.04 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 555 REITs companies, PrologisProperty Mexico de CV ranks worse than 74.41% on this metric.

As of today (2026-07-27), PrologisProperty Mexico de CV's current share price is $4.528. PrologisProperty Mexico de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $3.39. PrologisProperty Mexico de CV's Cyclically Adjusted PB Ratio for today is 1.34.

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

FBBPF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.08   Med: 1.32   Max: 1.52
Current: 1.28

During the past years, PrologisProperty Mexico de CV's highest Cyclically Adjusted PB Ratio was 1.52. The lowest was 1.08. And the median was 1.32.

FBBPF's Cyclically Adjusted PB Ratio is ranked worse than
74.41% of 555 companies
in the REITs industry
Industry Median: 0.81 vs FBBPF: 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.

PrologisProperty Mexico de CV's adjusted book value per share data for the three months ended in Mar. 2026 was $4.346. 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 $3.39 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PrologisProperty Mexico de CV  (OTCPK:FBBPF) 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.


PrologisProperty Mexico de CV Cyclically Adjusted PB Ratio Related Terms


PrologisProperty Mexico de CV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PrologisProperty Mexico 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.

PrologisProperty Mexico de CV Cyclically Adjusted PB Ratio Chart

PrologisProperty Mexico 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 0.00 0.00 0.00 1.12 1.31

PrologisProperty Mexico 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 1.23 1.29 1.34 1.31 1.32

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

For the REIT - Industrial subindustry, PrologisProperty Mexico 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.


PrologisProperty Mexico de CV Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, PrologisProperty Mexico de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FBBPF
92GF Score
PrologisProperty Mexico SA de CV FBBPF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PrologisProperty Mexico 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.528/3.39
=1.34

* 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.

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

For example, PrologisProperty Mexico 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)
=4.346/166.0400*166.0400
=4.346

Current CPI (Mar. 2026) = 166.0400.

PrologisProperty Mexico de CV Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.767 101.905 2.879
201609 1.758 103.084 2.832
201612 1.768 105.002 2.796
201703 1.750 108.063 2.689
201706 1.752 108.339 2.685
201709 1.775 109.628 2.688
201712 1.795 112.114 2.658
201803 1.823 113.505 2.667
201806 1.843 113.373 2.699
201809 1.872 115.130 2.700
201812 1.873 117.530 2.646
201903 1.879 118.050 2.643
201906 1.888 117.848 2.660
201909 1.893 118.581 2.651
201912 1.881 120.854 2.584
202003 1.748 121.885 2.381
202006 1.707 121.777 2.327
202009 1.748 123.341 2.353
202012 1.866 124.661 2.485
202103 1.883 127.574 2.451
202106 1.972 128.936 2.539
202109 2.037 130.742 2.587
202112 2.207 133.830 2.738
202203 2.366 137.082 2.866
202206 2.460 139.233 2.934
202209 2.465 142.116 2.880
202212 2.348 144.291 2.702
202303 2.349 146.472 2.663
202306 2.525 146.272 2.866
202309 2.795 148.446 3.126
202312 2.841 151.017 3.124
202403 3.923 152.947 4.259
202406 3.917 153.551 4.236
202409 4.115 155.246 4.401
202412 4.219 157.378 4.451
202503 4.308 158.761 4.506
202506 4.352 160.180 4.511
202509 4.367 161.030 4.503
202512 4.380 163.190 4.456
202603 4.346 166.040 4.346

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 1.34 mean?
PrologisProperty Mexico de CV (FBBPF) has a Cyclically Adjusted PB Ratio of 1.34 as of Jul. 27, 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 PrologisProperty Mexico de CV and its competitors. This is near median its historical median of 1.32. Over the past decade, PrologisProperty Mexico de CV's Cyclically Adjusted PB Ratio has ranged from 1.08 to 1.52. According to the industry distribution chart, PrologisProperty Mexico de CV ranks #413 out of 555 companies in the REITs industry, placing it in the top 74.4%.
Is PrologisProperty Mexico de CV's Cyclically Adjusted PB Ratio too high?
PrologisProperty Mexico de CV's current Cyclically Adjusted PB Ratio of 1.34 is near median its 10-year median of 1.32. Over the past 10 years, this metric has ranged from a low of 1.08 to a high of 1.52. The REITs industry median Cyclically Adjusted PB Ratio is 0.81. PrologisProperty Mexico de CV's value of 1.34 is 65.4% above this industry median. Based on the distribution chart, PrologisProperty Mexico de CV ranks #413 out of 555 companies in the REITs industry, which is below the industry midpoint. Overall, PrologisProperty Mexico de CV has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PrologisProperty Mexico de CV's Cyclically Adjusted PB Ratio compare to PLD and PSA?
According to the REITs industry distribution chart, PrologisProperty Mexico de CV ranks #413 out of 555 companies for Cyclically Adjusted PB Ratio. This places PrologisProperty Mexico de CV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.81. PrologisProperty Mexico de CV's value of 1.34 is 65.4% above this benchmark. Historically, PrologisProperty Mexico de CV's own Cyclically Adjusted PB Ratio has ranged from 1.08 to 1.52 over the past decade. While the company's 10-year median is 1.32 vs. the industry median of 0.81, PrologisProperty Mexico 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 REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.81, based on 555 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. PrologisProperty Mexico de CV's current Cyclically Adjusted PB Ratio of 1.34 is 65.4% 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 PrologisProperty Mexico de CV and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PrologisProperty Mexico de CV's current Cyclically Adjusted PB Ratio is 1.34, which is near median its own 10-year median of 1.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PrologisProperty Mexico de CV stock overvalued right now?
Based on GuruFocus' analysis, PrologisProperty Mexico de CV (FBBPF) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.04, compared to a current price of $4.53 — trading 10.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.34, which is near median its 10-year median of 1.32 and 65.4% above the REITs industry median of 0.81. PrologisProperty Mexico de CV's overall GF Score™ is 92/100 with 6 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 PrologisProperty Mexico de CV (FBBPF), the current Cyclically Adjusted PB Ratio is 1.34 as of Jul. 27, 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 PrologisProperty Mexico de CV (FBBPF) Overvalued in 2026?

Based on GuruFocus' analysis, PrologisProperty Mexico de CV stock appears to be undervalued. The current stock price of $4.53 is trading 10.2% below its estimated GF Value™ of $5.04. GuruFocus considers PrologisProperty Mexico de CV to be Modestly Undervalued.

Key valuation signals for FBBPF:

  • Cyclically Adjusted PB Ratio: 1.34 (near median its 10-year median of 1.32)
  • GF Value™: $5.04 vs. price of $4.53 (10.2% below fair value)
  • GF Score™: 92/100 with 6 warning signs
  • Industry Position: 65.4% above the REITs median (#413 of 555)

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


PrologisProperty Mexico de CV Business Description

Industry Real EstateREITs
Other Exchanges FIBRAPL14:Mexico
Address Paseo de los Tamarindos No. 90, Torre 2, Piso 22, Bosques de las Lomas, Mexico City, MEX, 05120
PrologisProperty Mexico SA de CV is engaged in the acquisition, ownership, and leasing of industrial properties throughout Mexico. The company's real estate portfolio comprises large warehouse buildings. It focused on acquiring, owning, and managing Class-A logistics and manufacturing facilities. The company derives nearly all of its revenue as lease rental income from multinational firms. This income is fairly evenly split between its manufacturing-related facilities in Northern Mexico and consumption-related facilities located mainly in Central and Southern Mexico. In terms of total revenue, the majority of Fibra Prologis' customers are general retailers and third-party logistics firms.
92GF Score

Get the complete analysis for FBBPF

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

$4.53
Price
$5.04
GF Value