MEOH (Methanex) Cyclically Adjusted PB Ratio: 2.15 (As of Jul. 19, 2026) — Near Median

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MEOH Methanex Corp MEOH
70 GF Score
Price $54.81
GF Value $42.29
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Methanex Cyclically Adjusted PB Ratio?

Methanex MEOH +3.01% 70 Cyclically Adjusted PB Ratio is 2.15 as of Jul. 19, 2026, which is 0% above its 10-year median of 2.14. GuruFocus rates MEOH with a GF Score™ of 70/100 and a GF Value™ of $42.29 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,278 Chemicals companies, Methanex ranks worse than 59.94% on this metric.

As of today (2026-07-19), Methanex's current share price is $54.81. Methanex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $25.53. Methanex's Cyclically Adjusted PB Ratio for today is 2.15.

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

MEOH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 2.14   Max: 5.15
Current: 2.16

During the past years, Methanex's highest Cyclically Adjusted PB Ratio was 5.15. The lowest was 0.67. And the median was 2.14.

MEOH's Cyclically Adjusted PB Ratio is ranked worse than
59.94% of 1278 companies
in the Chemicals industry
Industry Median: 1.665 vs MEOH: 2.16

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.

Methanex's adjusted book value per share data for the three months ended in Mar. 2026 was $31.122. 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 $25.53 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Methanex  (NAS:MEOH) 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.


Methanex Cyclically Adjusted PB Ratio Related Terms


Methanex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Methanex'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.

Methanex Cyclically Adjusted PB Ratio Chart

Methanex 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 2.06 1.84 2.04 2.20 1.57

Methanex Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.50 1.32 1.60 1.57 2.33

MEOH vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Methanex'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.


Methanex Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Methanex's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Methanex's Cyclically Adjusted PB Ratio falls into.


MEOH
70GF Score
Methanex Corp MEOH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Methanex 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.

Methanex's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=54.81/25.53
=2.15

* 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.

Methanex's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Methanex's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=31.122/132.2623*132.2623
=31.122

Current CPI (Mar. 2026) = 132.2623.

Methanex Quarterly Data

Book Value per Share CPI Adj_Book
201606 18.342 102.002 23.784
201609 17.747 101.765 23.066
201612 17.777 101.449 23.177
201703 18.632 102.634 24.011
201706 18.599 103.029 23.876
201709 17.952 103.345 22.975
201712 17.915 103.345 22.928
201803 19.348 105.004 24.371
201806 18.443 105.557 23.109
201809 18.650 105.636 23.351
201812 19.559 105.399 24.544
201903 19.275 106.979 23.830
201906 19.060 107.690 23.409
201909 18.306 107.611 22.499
201912 17.477 107.769 21.449
202003 17.840 107.927 21.862
202006 16.700 108.401 20.376
202009 15.665 108.164 19.155
202012 15.080 108.559 18.373
202103 16.705 110.298 20.032
202106 18.555 111.720 21.967
202109 20.541 112.905 24.063
202112 22.516 113.774 26.175
202203 27.562 117.646 30.986
202206 29.215 120.806 31.986
202209 30.629 120.648 33.578
202212 30.503 120.964 33.352
202303 29.625 122.702 31.933
202306 29.140 124.203 31.031
202309 29.395 125.230 31.046
202312 28.654 125.072 30.301
202403 29.232 126.258 30.622
202406 29.815 127.522 30.923
202409 29.710 127.285 30.872
202412 31.064 127.364 32.259
202503 33.317 129.181 34.112
202506 33.936 129.892 34.555
202509 33.232 130.287 33.736
202512 31.590 130.366 32.049
202603 31.122 132.262 31.122

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 2.15 mean?
Methanex (MEOH) has a Cyclically Adjusted PB Ratio of 2.15 as of Jul. 19, 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 Methanex and its competitors. This is near median its historical median of 2.14. Over the past decade, Methanex's Cyclically Adjusted PB Ratio has ranged from 0.67 to 5.15. According to the industry distribution chart, Methanex ranks #766 out of 1278 companies in the Chemicals industry, placing it in the top 59.9%.
Is Methanex's Cyclically Adjusted PB Ratio too high?
Methanex's current Cyclically Adjusted PB Ratio of 2.15 is near median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 5.15. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.67. Methanex's value of 2.15 is 29.1% above this industry median. Based on the distribution chart, Methanex ranks #766 out of 1278 companies in the Chemicals industry, which is below the industry midpoint. Overall, Methanex has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Methanex's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Methanex ranks #766 out of 1278 companies for Cyclically Adjusted PB Ratio. This places Methanex in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.67. Methanex's value of 2.15 is 29.1% above this benchmark. Historically, Methanex's own Cyclically Adjusted PB Ratio has ranged from 0.67 to 5.15 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 1.67, Methanex 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.67, based on 1,278 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. Methanex's current Cyclically Adjusted PB Ratio of 2.15 is 29.1% 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 Methanex and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Methanex's current Cyclically Adjusted PB Ratio is 2.15, which is near median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Methanex stock overvalued right now?
Based on GuruFocus' analysis, Methanex (MEOH) is currently considered Modestly Overvalued. The stock's GF Value™ is $42.29, compared to a current price of $54.81 — trading 29.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.15, which is near median its 10-year median of 2.14 and 29.1% above the Chemicals industry median of 1.67. Methanex's overall GF Score™ is 70/100 with 7 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 Methanex (MEOH), the current Cyclically Adjusted PB Ratio is 2.15 as of Jul. 19, 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 Methanex (MEOH) Overvalued in 2026?

Based on GuruFocus' analysis, Methanex stock appears to be overvalued. The current stock price of $54.81 is trading 29.6% above its estimated GF Value™ of $42.29. GuruFocus considers Methanex to be Modestly Overvalued.

Key valuation signals for MEOH:

  • Cyclically Adjusted PB Ratio: 2.15 (near median its 10-year median of 2.14)
  • GF Value™: $42.29 vs. price of $54.81 (29.6% above fair value)
  • GF Score™: 70/100 with 7 warning signs
  • Industry Position: 29.1% above the Chemicals median (#766 of 1278)

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


Methanex Business Description

Other Exchanges MX5:GermanyMX:Canada
Address 200 Burrard Street, 1800 Waterfront Centre, Vancouver, BC, CAN, V6C 3M1
Methanex Corp operates as a producer and supplier of methanol to various international markets in North America, Asia Pacific, Europe and South America. The company's operations consist prominently of the production and sale of methanol, along with the production and sale of ammonia. Geographically, it operates in China, Europe, the United States, South America, South Korea, Other Asia, and Canada. The majority of revenue is derived from Europe.
70GF Score

Get the complete analysis for MEOH

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

$54.81
Price
$42.29
GF Value