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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Fomento Economico MexicanoB de CV Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fomento Economico MexicanoB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fomento Economico MexicanoB 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.

Fomento Economico MexicanoB de CV Cyclically Adjusted PB Ratio Chart

Fomento Economico MexicanoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.94 13.04 13.45 5.21 13.17

Fomento Economico MexicanoB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.57 8.34 11.22 13.17 11.32

Competitive Comparison of Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB 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.


Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fomento Economico MexicanoB 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.

Fomento Economico MexicanoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Fomento Economico MexicanoB de CV's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=4.595/152.9470*152.9470
=4.595

Current CPI (Mar. 2024) = 152.9470.

Fomento Economico MexicanoB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.451 96.609 5.463
201409 3.417 97.652 5.352
201412 3.230 99.469 4.967
201503 2.813 99.973 4.304
201506 2.923 99.382 4.498
201509 2.902 100.112 4.434
201512 2.950 101.588 4.441
201603 2.899 102.573 4.323
201606 2.981 101.905 4.474
201609 2.999 103.084 4.450
201612 2.872 105.002 4.183
201703 2.986 108.063 4.226
201706 3.102 108.339 4.379
201709 3.679 109.628 5.133
201712 3.562 112.114 4.859
201803 3.475 113.505 4.683
201806 3.386 113.373 4.568
201809 3.530 115.130 4.689
201812 3.659 117.530 4.762
201903 3.503 118.050 4.539
201906 3.684 117.848 4.781
201909 3.659 118.581 4.719
201912 3.734 120.854 4.726
202003 3.267 121.885 4.100
202006 3.024 121.777 3.798
202009 3.107 123.341 3.853
202012 3.340 124.661 4.098
202103 3.150 127.574 3.777
202106 3.317 128.936 3.935
202109 3.476 130.742 4.066
202112 3.577 133.830 4.088
202203 3.678 137.082 4.104
202206 3.450 139.233 3.790
202209 3.584 142.116 3.857
202212 3.764 144.291 3.990
202303 4.433 146.472 4.629
202306 4.671 146.272 4.884
202309 4.824 148.446 4.970
202312 5.003 151.017 5.067
202403 4.595 152.947 4.595

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.


Fomento Economico MexicanoB de CV  (OTCPK:FMXUF) 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.


Fomento Economico MexicanoB de CV Cyclically Adjusted PB Ratio Related Terms

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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.