GMBXF (Grupo MexicoB de CV) Cyclically Adjusted PB Ratio: 4.41 (As of Aug. 02, 2026) — 76% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

GMBXF Grupo Mexico SAB de CV GMBXF
89 GF Score
Price $12.16
GF Value $8.40
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Grupo MexicoB de CV Cyclically Adjusted PB Ratio?

Grupo MexicoB de CV GMBXF -1.06% 89 Cyclically Adjusted PB Ratio is 4.41 as of Aug. 02, 2026, which is 76% above its 10-year median of 2.51. GuruFocus rates GMBXF with a GF Score™ of 89/100 and a GF Value™ of $8.40 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,535 Metals & Mining companies, Grupo MexicoB de CV ranks worse than 77.65% on this metric.

As of today (2026-08-02), Grupo MexicoB de CV's current share price is $12.16. Grupo MexicoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $2.76. Grupo MexicoB de CV's Cyclically Adjusted PB Ratio for today is 4.41.

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

GMBXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 2.51   Max: 4.71
Current: 4.36

During the past years, Grupo MexicoB de CV's highest Cyclically Adjusted PB Ratio was 4.71. The lowest was 1.70. And the median was 2.51.

GMBXF's Cyclically Adjusted PB Ratio is ranked worse than
77.65% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs GMBXF: 4.36

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 MexicoB de CV's adjusted book value per share data for the three months ended in Jun. 2026 was $3.223. 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 $2.76 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo MexicoB de CV  (OTCPK:GMBXF) 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 MexicoB de CV Cyclically Adjusted PB Ratio Related Terms


Grupo MexicoB de CV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grupo MexicoB 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 MexicoB de CV Cyclically Adjusted PB Ratio Chart

Grupo MexicoB 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 2.89 1.93 2.42 2.32 3.67

Grupo MexicoB 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 2.54 3.52 3.67 4.03 4.12

Grupo MexicoB de CV Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Grupo MexicoB 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 MexicoB de CV Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


GMBXF
89GF Score
Grupo Mexico SAB de CV GMBXF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.16/2.76
=4.41

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

For example, Grupo MexicoB 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)
=3.223/165.5700*165.5700
=3.223

Current CPI (Jun. 2026) = 165.5700.

Grupo MexicoB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.332 103.084 2.139
201612 1.363 105.002 2.149
201703 1.403 108.063 2.150
201706 1.433 108.339 2.190
201709 1.475 109.628 2.228
201712 1.543 112.114 2.279
201803 1.533 113.505 2.236
201806 1.545 113.373 2.256
201809 1.536 115.130 2.209
201812 1.577 117.530 2.222
201903 1.523 118.050 2.136
201906 1.599 117.848 2.247
201909 1.531 118.581 2.138
201912 1.695 120.854 2.322
202003 1.479 121.885 2.009
202006 1.651 121.777 2.245
202009 1.692 123.341 2.271
202012 1.824 124.661 2.423
202103 1.744 127.574 2.263
202106 1.968 128.936 2.527
202109 2.000 130.742 2.533
202112 2.051 133.830 2.537
202203 2.101 137.082 2.538
202206 2.122 139.233 2.523
202209 2.118 142.116 2.468
202212 2.215 144.291 2.542
202303 2.308 146.472 2.609
202306 2.356 146.272 2.667
202309 2.405 148.446 2.682
202312 2.429 151.017 2.663
202403 2.504 152.947 2.711
202406 2.576 153.551 2.778
202409 2.587 155.246 2.759
202412 2.636 157.378 2.773
202503 2.710 158.761 2.826
202506 2.815 160.180 2.910
202509 2.918 161.030 3.000
202512 2.977 163.190 3.020
202603 3.075 166.040 3.066
202606 3.223 165.570 3.223

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 4.41 mean?
Grupo MexicoB de CV (GMBXF) has a Cyclically Adjusted PB Ratio of 4.41 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 MexicoB de CV and its competitors. This is 76% above median its historical median of 2.51. Over the past decade, Grupo MexicoB de CV's Cyclically Adjusted PB Ratio has ranged from 1.70 to 4.71. According to the industry distribution chart, Grupo MexicoB de CV ranks #1192 out of 1535 companies in the Metals & Mining industry, placing it in the top 77.7%.
Is Grupo MexicoB de CV's Cyclically Adjusted PB Ratio too high?
Grupo MexicoB de CV's current Cyclically Adjusted PB Ratio of 4.41 is 76% above median its 10-year median of 2.51. Over the past 10 years, this metric has ranged from a low of 1.70 to a high of 4.71. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Grupo MexicoB de CV's value of 4.41 is 215% above this industry median. Based on the distribution chart, Grupo MexicoB de CV ranks #1192 out of 1535 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Grupo MexicoB de CV has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grupo MexicoB de CV's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Grupo MexicoB de CV ranks #1192 out of 1535 companies for Cyclically Adjusted PB Ratio. This places Grupo MexicoB de CV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Grupo MexicoB de CV's value of 4.41 is 215% above this benchmark. Historically, Grupo MexicoB de CV's own Cyclically Adjusted PB Ratio has ranged from 1.70 to 4.71 over the past decade. While the company's 10-year median is 2.51 vs. the industry median of 1.40, Grupo MexicoB 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 Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.40, based on 1,535 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 MexicoB de CV's current Cyclically Adjusted PB Ratio of 4.41 is 215% 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 MexicoB de CV and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo MexicoB de CV's current Cyclically Adjusted PB Ratio is 4.41, which is 76% above median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo MexicoB de CV stock overvalued right now?
Based on GuruFocus' analysis, Grupo MexicoB de CV (GMBXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $8.40, compared to a current price of $12.16 — trading 44.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.41, which is 76% above median its 10-year median of 2.51 and 215% above the Metals & Mining industry median of 1.40. Grupo MexicoB de CV's overall GF Score™ is 89/100 with 3 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 MexicoB de CV (GMBXF), the current Cyclically Adjusted PB Ratio is 4.41 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 MexicoB de CV (GMBXF) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo MexicoB de CV stock appears to be overvalued. The current stock price of $12.16 is trading 44.8% above its estimated GF Value™ of $8.40. GuruFocus considers Grupo MexicoB de CV to be Significantly Overvalued.

Key valuation signals for GMBXF:

  • Cyclically Adjusted PB Ratio: 4.41 (76% above median its 10-year median of 2.51)
  • GF Value™: $8.40 vs. price of $12.16 (44.8% above fair value)
  • GF Score™: 89/100 with 3 warning signs
  • Industry Position: 215% above the Metals & Mining median (#1192 of 1535)

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


Grupo MexicoB de CV Business Description

Address Campos Eliieos No. 400, Col. lomas de chapultepec, Mexico, DF, MEX, 11000
Grupo Mexico SAB de CV is a holding company that operates in the mining-metallurgic industry, the exploration, exploitation, and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. The majority of the group's revenue is generated from mining.
89GF Score

Get the complete analysis for GMBXF

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

$12.16
Price
$8.40
GF Value