GMXDF (Grupo Mexicano de Desarrollo S A B) Cyclically Adjusted PB Ratio: 0.23 (As of Aug. 24, 2026) — 62% Below 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.

GMXDF Grupo Mexicano de Desarrollo S A B GMXDF
55 GF Score
Price $0.30
GF Value $0.65
! 2 Warning Signs
View Full Analysis

What is Grupo Mexicano de Desarrollo S A B Cyclically Adjusted PB Ratio?

Grupo Mexicano de Desarrollo S A B GMXDF 55 Cyclically Adjusted PB Ratio is 0.23 as of Aug. 24, 2026, which is 62% below its 10-year median of 0.61. GuruFocus rates GMXDF with a GF Score™ of 55/100 and a GF Value™ of $0.65. The stock has 2 warning signs investors should review. Among 426 Utilities - Regulated companies, Grupo Mexicano de Desarrollo S A B ranks better than 94.37% on this metric.

As of today (2026-08-24), Grupo Mexicano de Desarrollo S A B's current share price is $0.30. Grupo Mexicano de Desarrollo S A B's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $1.31. Grupo Mexicano de Desarrollo S A B's Cyclically Adjusted PB Ratio for today is 0.23.

The historical rank and industry rank for Grupo Mexicano de Desarrollo S A B's Cyclically Adjusted PB Ratio or its related term are showing as below:

GMXDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.61   Max: 1.38
Current: 0.21

During the past years, Grupo Mexicano de Desarrollo S A B's highest Cyclically Adjusted PB Ratio was 1.38. The lowest was 0.21. And the median was 0.61.

GMXDF's Cyclically Adjusted PB Ratio is ranked better than
94.37% of 426 companies
in the Utilities - Regulated industry
Industry Median: 1.55 vs GMXDF: 0.21

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 Mexicano de Desarrollo S A B's adjusted book value per share data for the three months ended in Jun. 2026 was $2.049. 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 $1.31 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo Mexicano de Desarrollo S A B  (OTCPK:GMXDF) 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 Mexicano de Desarrollo S A B Cyclically Adjusted PB Ratio Related Terms


Grupo Mexicano de Desarrollo S A B Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grupo Mexicano de Desarrollo S A B'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 Mexicano de Desarrollo S A B Cyclically Adjusted PB Ratio Chart

Grupo Mexicano de Desarrollo S A B 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 0.66 0.64 0.56 0.40 0.25

Grupo Mexicano de Desarrollo S A B 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 0.32 0.25 0.25 0.23 0.23

GMXDF vs AWK, WTRG, AWR: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Water subindustry, Grupo Mexicano de Desarrollo S A B'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 Mexicano de Desarrollo S A B Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Grupo Mexicano de Desarrollo S A B's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grupo Mexicano de Desarrollo S A B's Cyclically Adjusted PB Ratio falls into.


GMXDF
55GF Score
Grupo Mexicano de Desarrollo S A B GMXDF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo Mexicano de Desarrollo S A B 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 Mexicano de Desarrollo S A B's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.30/1.31
=0.23

* 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 Mexicano de Desarrollo S A B's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Grupo Mexicano de Desarrollo S A B'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)
=2.049/165.5700*165.5700
=2.049

Current CPI (Jun. 2026) = 165.5700.

Grupo Mexicano de Desarrollo S A B Quarterly Data

Book Value per Share CPI Adj_Book
201609 0.828 103.084 1.330
201612 0.779 105.002 1.228
201703 0.869 108.063 1.331
201706 0.921 108.339 1.408
201709 0.930 109.628 1.405
201712 0.839 112.114 1.239
201803 0.930 113.505 1.357
201806 0.872 113.373 1.273
201809 0.938 115.130 1.349
201812 0.890 117.530 1.254
201903 0.919 118.050 1.289
201906 0.944 117.848 1.326
201909 0.937 118.581 1.308
201912 0.995 120.854 1.363
202003 0.836 121.885 1.136
202006 0.846 121.777 1.150
202009 0.892 123.341 1.197
202012 1.009 124.661 1.340
202103 1.001 127.574 1.299
202106 1.056 128.936 1.356
202109 1.056 130.742 1.337
202112 1.212 133.830 1.499
202203 1.282 137.082 1.548
202206 1.303 139.233 1.549
202209 1.356 142.116 1.580
202212 1.414 144.291 1.623
202303 1.576 146.472 1.781
202306 1.683 146.272 1.905
202309 1.702 148.446 1.898
202312 1.735 151.017 1.902
202403 1.803 152.947 1.952
202406 1.677 153.551 1.808
202409 1.619 155.246 1.727
202412 1.605 157.378 1.689
202503 1.642 158.761 1.712
202506 1.796 160.180 1.856
202509 1.871 161.030 1.924
202512 1.916 163.190 1.944
202603 1.972 166.040 1.966
202606 2.049 165.570 2.049

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 0.23 mean?
Grupo Mexicano de Desarrollo S A B (GMXDF) has a Cyclically Adjusted PB Ratio of 0.23 as of Aug. 24, 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 Mexicano de Desarrollo S A B and its competitors. This is 62% below median its historical median of 0.61. Over the past decade, Grupo Mexicano de Desarrollo S A B's Cyclically Adjusted PB Ratio has ranged from 0.21 to 1.38. According to the industry distribution chart, Grupo Mexicano de Desarrollo S A B ranks #24 out of 426 companies in the Utilities - Regulated industry, placing it in the top 5.6%.
Is Grupo Mexicano de Desarrollo S A B's Cyclically Adjusted PB Ratio too high?
Grupo Mexicano de Desarrollo S A B's current Cyclically Adjusted PB Ratio of 0.23 is 62% below median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 1.38. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.55. Grupo Mexicano de Desarrollo S A B's value of 0.23 is 85.2% below this industry median. Based on the distribution chart, Grupo Mexicano de Desarrollo S A B ranks #24 out of 426 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Grupo Mexicano de Desarrollo S A B has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Grupo Mexicano de Desarrollo S A B's Cyclically Adjusted PB Ratio compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Grupo Mexicano de Desarrollo S A B ranks #24 out of 426 companies for Cyclically Adjusted PB Ratio. This places Grupo Mexicano de Desarrollo S A B in the top 6% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.55. Grupo Mexicano de Desarrollo S A B's value of 0.23 is 85.2% below this benchmark. Historically, Grupo Mexicano de Desarrollo S A B's own Cyclically Adjusted PB Ratio has ranged from 0.21 to 1.38 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 1.55, Grupo Mexicano de Desarrollo S A B has consistently been below 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 an Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.55, based on 426 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 Mexicano de Desarrollo S A B's current Cyclically Adjusted PB Ratio of 0.23 is 85.2% below 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 Mexicano de Desarrollo S A B and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Mexicano de Desarrollo S A B's current Cyclically Adjusted PB Ratio is 0.23, which is 62% below median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Mexicano de Desarrollo S A B stock overvalued right now?
Grupo Mexicano de Desarrollo S A B (GMXDF) has a current Cyclically Adjusted PB Ratio of 0.23. The stock's GF Value™ is $0.65, compared to a current price of $0.30 — trading 53.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.23, which is 62% below median its 10-year median of 0.61 and 85.2% below the Utilities - Regulated industry median of 1.55. Grupo Mexicano de Desarrollo S A B's overall GF Score™ is 55/100 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 Mexicano de Desarrollo S A B (GMXDF), the current Cyclically Adjusted PB Ratio is 0.23 as of Aug. 24, 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 Mexicano de Desarrollo S A B (GMXDF) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Mexicano de Desarrollo S A B stock appears to be undervalued. The current stock price of $0.30 is trading 53.8% below its estimated GF Value™ of $0.65.

Key valuation signals for GMXDF:

  • Cyclically Adjusted PB Ratio: 0.23 (62% below median its 10-year median of 0.61)
  • GF Value™: $0.65 vs. price of $0.30 (53.8% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 85.2% below the Utilities - Regulated median (#24 of 426)

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


Grupo Mexicano de Desarrollo S A B Business Description

Other Exchanges GMD:Mexico
Address Carretera Mexico, Toluca 4000, Cuajimalpa, DF, MEX, 05000
Grupo Mexicano de Desarrollo S A B is engaged in the creation, construction, and administration of infrastructure projects in Mexico. It offers engineering solutions including the construction of civil works and operation of services public concessions. The infrastructure projects of the company comprise Viaducto Punta Diamante, Ecosys I y II, Industria Metalica Integrada, and Carretera Mozimba-Pie de la Cuesta among others.
55GF Score

Get the complete analysis for GMXDF

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

$0.30
Price
$0.65
GF Value