Grupo SimecB de CV (FRA:GSM) Cyclically Adjusted PB Ratio: 1.39 (As of Aug. 02, 2026) — 14% Below Median

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FRA:GSM Grupo Simec SAB de CV FRA:GSM
67 GF Score
Price €23.40
GF Value €34.77
! 2 Warning Signs
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What is Grupo SimecB de CV Cyclically Adjusted PB Ratio?

Grupo SimecB de CV FRA:GSM +0.86% 67 Cyclically Adjusted PB Ratio is 1.39 as of Aug. 02, 2026, which is 14% below its 10-year median of 1.61. GuruFocus rates FRA:GSM with a GF Score™ of 67/100 and a GF Value™ of €34.77. The stock has 2 warning signs investors should review. Among 504 Steel companies, Grupo SimecB de CV ranks worse than 69.44% on this metric.

As of today (2026-08-02), Grupo SimecB de CV's current share price is €23.40. Grupo SimecB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €16.83. Grupo SimecB de CV's Cyclically Adjusted PB Ratio for today is 1.39.

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

FRA:GSM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.61   Max: 2.75
Current: 1.57

During the past years, Grupo SimecB de CV's highest Cyclically Adjusted PB Ratio was 2.75. The lowest was 0.61. And the median was 1.61.

FRA:GSM's Cyclically Adjusted PB Ratio is ranked worse than
69.44% of 504 companies
in the Steel industry
Industry Median: 0.9 vs FRA:GSM: 1.57

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.

Grupo SimecB de CV's adjusted book value per share data for the three months ended in Jun. 2026 was €19.827. 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 €16.83 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo SimecB de CV  (FRA:GSM) 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.


Grupo SimecB de CV Cyclically Adjusted PB Ratio Related Terms


Grupo SimecB de CV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grupo SimecB 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.

Grupo SimecB de CV Cyclically Adjusted PB Ratio Chart

Grupo SimecB 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 2.33 2.54 1.90 1.79 1.64

Grupo SimecB de CV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.61 1.54 1.64 1.60 1.52

FRA:GSM vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, Grupo SimecB 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.


Grupo SimecB de CV Cyclically Adjusted PB Ratio vs Steel Industry

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

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


FRA:GSM
67GF Score
Grupo Simec SAB de CV FRA:GSM
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupo SimecB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.40/16.83
=1.39

* 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.

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

For example, Grupo SimecB de CV's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=19.827/165.5700*165.5700
=19.827

Current CPI (Jun. 2026) = 165.5700.

Grupo SimecB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.380 103.084 15.066
201612 9.236 105.002 14.564
201703 10.339 108.063 15.841
201706 9.754 108.339 14.907
201709 9.430 109.628 14.242
201712 8.994 112.114 13.282
201803 9.255 113.505 13.500
201806 9.355 113.373 13.662
201809 9.963 115.130 14.328
201812 10.313 117.530 14.528
201903 10.030 118.050 14.068
201906 10.640 117.848 14.949
201909 10.776 118.581 15.046
201912 10.054 120.854 13.774
202003 8.539 121.885 11.599
202006 8.302 121.777 11.288
202009 8.609 123.341 11.557
202012 8.827 124.661 11.724
202103 9.491 127.574 12.318
202106 10.270 128.936 13.188
202109 11.050 130.742 13.994
202112 11.684 133.830 14.455
202203 13.118 137.082 15.844
202206 14.598 139.233 17.359
202209 15.563 142.116 18.131
202212 15.074 144.291 17.297
202303 16.367 146.472 18.501
202306 17.063 146.272 19.314
202309 17.622 148.446 19.655
202312 17.475 151.017 19.159
202403 18.478 152.947 20.003
202406 18.084 153.551 19.500
202409 17.088 155.246 18.224
202412 17.645 157.378 18.563
202503 18.224 158.761 19.006
202506 17.883 160.180 18.485
202509 18.135 161.030 18.646
202512 18.349 163.190 18.617
202603 19.325 166.040 19.270
202606 19.827 165.570 19.827

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 1.39 mean?
Grupo SimecB de CV (FRA:GSM) has a Cyclically Adjusted PB Ratio of 1.39 as of Aug. 02, 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 Grupo SimecB de CV and its competitors. This is 14% below median its historical median of 1.61. Over the past decade, Grupo SimecB de CV's Cyclically Adjusted PB Ratio has ranged from 0.61 to 2.75. According to the industry distribution chart, Grupo SimecB de CV ranks #350 out of 504 companies in the Steel industry, placing it in the top 69.4%.
Is Grupo SimecB de CV's Cyclically Adjusted PB Ratio too high?
Grupo SimecB de CV's current Cyclically Adjusted PB Ratio of 1.39 is 14% below median its 10-year median of 1.61. Over the past 10 years, this metric has ranged from a low of 0.61 to a high of 2.75. The Steel industry median Cyclically Adjusted PB Ratio is 0.90. Grupo SimecB de CV's value of 1.39 is 54.4% above this industry median. Based on the distribution chart, Grupo SimecB de CV ranks #350 out of 504 companies in the Steel industry, which is below the industry midpoint. Overall, Grupo SimecB de CV has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Grupo SimecB de CV's Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Grupo SimecB de CV ranks #350 out of 504 companies for Cyclically Adjusted PB Ratio. This places Grupo SimecB de CV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.90. Grupo SimecB de CV's value of 1.39 is 54.4% above this benchmark. Historically, Grupo SimecB de CV's own Cyclically Adjusted PB Ratio has ranged from 0.61 to 2.75 over the past decade. While the company's 10-year median is 1.61 vs. the industry median of 0.90, Grupo SimecB 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 Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.90, based on 504 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. Grupo SimecB de CV's current Cyclically Adjusted PB Ratio of 1.39 is 54.4% 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 Grupo SimecB de CV and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo SimecB de CV's current Cyclically Adjusted PB Ratio is 1.39, which is 14% below median its own 10-year median of 1.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo SimecB de CV stock overvalued right now?
Grupo SimecB de CV (FRA:GSM) has a current Cyclically Adjusted PB Ratio of 1.39. The stock's GF Value™ is €34.77, compared to a current price of €23.40 — trading 32.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.39, which is 14% below median its 10-year median of 1.61 and 54.4% above the Steel industry median of 0.90. Grupo SimecB de CV's overall GF Score™ is 67/100 with 2 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 Grupo SimecB de CV (FRA:GSM), the current Cyclically Adjusted PB Ratio is 1.39 as of Aug. 02, 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 Grupo SimecB de CV (FRA:GSM) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo SimecB de CV stock appears to be undervalued. The current stock price of €23.40 is trading 32.7% below its estimated GF Value™ of €34.77.

Key valuation signals for FRA:GSM:

  • Cyclically Adjusted PB Ratio: 1.39 (14% below median its 10-year median of 1.61)
  • GF Value™: €34.77 vs. price of €23.40 (32.7% below fair value)
  • GF Score™: 67/100 with 2 warning signs
  • Industry Position: 54.4% above the Steel median (#350 of 504)

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


Grupo SimecB de CV Business Description

Other Exchanges SIM:USASIMECB:Mexico
Address Calzada Lazaro Cardenas 601, Colonia La Nogalera, Guadalajara, JAL, MEX, 44440
Grupo Simec SAB de CV is a diversified producer, processor and distributor of SBQ steel and structural steel products with production and commercial operations. The group's SBQ products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. Its structural steel products are used in the non-residential construction market and other construction applications. Its segments are Mexico, Brazil, and the United States. The maximum of its sales is from the Mexico segment.
67GF Score

Get the complete analysis for FRA:GSM

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

€23.40
Price
€34.77
GF Value