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Bolsa Mexicana de ValoresB de CV (FRA:BC51) Cyclically Adjusted PB Ratio : 2.42 (As of May. 22, 2024)


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What is Bolsa Mexicana de ValoresB de CV Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Bolsa Mexicana de ValoresB de CV's current share price is €1.74. Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was €0.72. Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio for today is 2.42.

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

FRA:BC51' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.12   Med: 3.15   Max: 4.36
Current: 2.37

During the past years, Bolsa Mexicana de ValoresB de CV's highest Cyclically Adjusted PB Ratio was 4.36. The lowest was 2.12. And the median was 3.15.

FRA:BC51's Cyclically Adjusted PB Ratio is ranked worse than
69.73% of 479 companies
in the Capital Markets industry
Industry Median: 1.18 vs FRA:BC51: 2.37

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.

Bolsa Mexicana de ValoresB de CV's adjusted book value per share data for the three months ended in Jun. 2023 was €0.637. 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 €0.72 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bolsa Mexicana de ValoresB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bolsa Mexicana de ValoresB 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.

Bolsa Mexicana de ValoresB de CV Cyclically Adjusted PB Ratio Chart

Bolsa Mexicana de ValoresB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 3.60 3.99 3.11 2.81

Bolsa Mexicana de ValoresB de CV Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 2.74 2.55 2.81 2.84 2.63

Competitive Comparison of Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio

For the Financial Data & Stock Exchanges subindustry, Bolsa Mexicana de ValoresB 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.


Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bolsa Mexicana de ValoresB 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.

Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.74/0.72
=2.42

* 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.

Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Bolsa Mexicana de ValoresB de CV's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0.637/146.2719*146.2719
=0.637

Current CPI (Jun. 2023) = 146.2719.

Bolsa Mexicana de ValoresB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201309 0.513 93.700 0.801
201312 0.522 95.568 0.799
201403 0.535 96.932 0.807
201406 0.504 96.609 0.763
201409 0.533 97.652 0.798
201412 0.502 99.469 0.738
201503 0.573 99.973 0.838
201506 0.501 99.382 0.737
201509 0.478 100.112 0.698
201512 0.488 101.588 0.703
201603 0.000 102.573 0.000
201606 0.426 101.905 0.611
201609 0.423 103.084 0.600
201612 0.442 105.002 0.616
201703 0.501 108.063 0.678
201706 0.456 108.339 0.616
201709 0.452 109.628 0.603
201712 0.444 112.114 0.579
201803 0.485 113.505 0.625
201806 0.434 113.373 0.560
201809 0.482 115.130 0.612
201812 0.499 117.530 0.621
201903 0.534 118.050 0.662
201906 0.480 117.848 0.596
201909 0.508 118.581 0.627
201912 0.548 120.854 0.663
202003 0.476 121.885 0.571
202006 0.429 121.777 0.515
202009 0.451 123.341 0.535
202012 0.506 124.661 0.594
202103 0.528 127.574 0.605
202106 0.473 128.936 0.537
202109 0.494 130.742 0.553
202112 0.547 133.830 0.598
202203 0.613 137.082 0.654
202206 0.557 139.233 0.585
202209 0.619 142.116 0.637
202212 0.626 144.291 0.635
202303 0.703 146.472 0.702
202306 0.637 146.272 0.637

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.


Bolsa Mexicana de ValoresB de CV  (FRA:BC51) 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.


Bolsa Mexicana de ValoresB de CV Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Bolsa Mexicana de ValoresB de CV's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bolsa Mexicana de ValoresB de CV (FRA:BC51) Business Description

Traded in Other Exchanges
Address
Avenida Paseo de la Reforma 255, Colonia Cuauhtemoc, Mexico, DF, MEX, 06500
Bolsa Mexicana de Valores SAB de CV or Grupo BMV is a public securities exchange operating in Mexico but with listings from both Mexican and foreign issuers. Its services include trading, listing, custody, clearing, and settlement, as well as counterparty services and data sales. The company's largest sources of revenue include cash equities, derivatives, over-the-counter activity, issuers, custody, and information services. Much of the company's revenue is driven by trading volume. The company's largest costs are personnel and technology-related. As with most exchanges, Grupo BMV heavily relies on technology to deliver its services.

Bolsa Mexicana de ValoresB de CV (FRA:BC51) Headlines

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