GPOVF (Grupo CarsoB de CV) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

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.

GPOVF Grupo Carso SAB de CV GPOVF
85 GF Score
Price $7.19
GF Value $7.83
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Grupo CarsoB de CV Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo CarsoB de CV  (OTCPK:GPOVF) 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 CarsoB de CV Cyclically Adjusted PB Ratio Related Terms


Grupo CarsoB de CV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

Grupo CarsoB 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 1.39 1.64 4.03 1.87 2.03

Grupo CarsoB 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 2.19 2.32 2.07 2.18 2.32

GPOVF vs MMM, HON: Cyclically Adjusted PB Ratio Comparison

For the Conglomerates subindustry, Grupo CarsoB 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 CarsoB de CV Cyclically Adjusted PB Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Grupo CarsoB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


GPOVF
85GF Score
Grupo Carso SAB de CV GPOVF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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

For example, Grupo CarsoB 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)
=3.955/165.5700*165.5700
=3.955

Current CPI (Jun. 2026) = 165.5700.

Grupo CarsoB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.527 103.084 2.453
201612 1.534 105.002 2.419
201703 1.704 108.063 2.611
201706 1.744 108.339 2.665
201709 1.795 109.628 2.711
201712 1.813 112.114 2.677
201803 1.964 113.505 2.865
201806 1.854 113.373 2.708
201809 1.967 115.130 2.829
201812 2.056 117.530 2.896
201903 2.120 118.050 2.973
201906 2.088 117.848 2.934
201909 2.074 118.581 2.896
201912 2.199 120.854 3.013
202003 1.790 121.885 2.432
202006 1.861 121.777 2.530
202009 2.029 123.341 2.724
202012 2.229 124.661 2.960
202103 2.297 127.574 2.981
202106 2.352 128.936 3.020
202109 2.307 130.742 2.922
202112 2.472 133.830 3.058
202203 2.648 137.082 3.198
202206 2.835 139.233 3.371
202209 2.933 142.116 3.417
202212 3.077 144.291 3.531
202303 3.406 146.472 3.850
202306 3.549 146.272 4.017
202309 3.702 148.446 4.129
202312 3.771 151.017 4.134
202403 3.871 152.947 4.190
202406 3.665 153.551 3.952
202409 3.521 155.246 3.755
202412 3.455 157.378 3.635
202503 3.562 158.761 3.715
202506 3.780 160.180 3.907
202509 3.977 161.030 4.089
202512 4.121 163.190 4.181
202603 3.878 166.040 3.867
202606 3.955 165.570 3.955

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.

Is Grupo CarsoB de CV (GPOVF) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo CarsoB de CV stock appears to be undervalued. The current stock price of $7.19 is trading 8.2% below its estimated GF Value™ of $7.83. GuruFocus considers Grupo CarsoB de CV to be Fairly Valued.

Key valuation signals for GPOVF:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $7.83 vs. price of $7.19 (8.2% below fair value)
  • GF Score™: 85/100 with 5 warning signs

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


Grupo CarsoB de CV Business Description

Other Exchanges GCARSOA1:Mexico4GF:Germany
Address 255 Frisco Building, Lago Zurich 245, 6th Floor, Ampliacion Granada, Mexico City, MEX, 11529
Grupo Carso SAB de CV is a conglomerate based in Mexico with business presence in several countries, mainly in the Americas and Europe. The firm has operations in four main business segments: commercial and retail, industrial and manufacturing, infrastructure and construction, and energy. The largest contributor to sales, the commercial and retail division, serves middle- and high-income consumers and operates department stores, boutiques, restaurants, and multimedia stores. The industrial and manufacturing segment has a portfolio of products and services focused on cables, power transformers and reactors, and alternative energies, among others. The infrastructure and construction division serves sectors like the oil and chemical industries, pipeline installation, and housing development.
85GF Score

Get the complete analysis for GPOVF

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

$7.19
Price
$7.83
GF Value