MEOH (Methanex) Cyclically Adjusted PB Ratio: 2.51 (As of Sep. 15, 2026) — 17% Above Median

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MEOH Methanex Corp MEOH
70 GF Score
Price $64.20
GF Value $46.39
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Methanex Cyclically Adjusted PB Ratio?

Methanex MEOH +2.37% 70 Cyclically Adjusted PB Ratio is 2.51 as of Sep. 15, 2026, which is 17% above its 10-year median of 2.15. GuruFocus rates MEOH with a GF Score™ of 70/100 and a GF Value™ of $46.39 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,099 Chemicals companies, Methanex ranks worse than 63.79% on this metric.

As of today (2026-09-15), Methanex's current share price is $64.195. Methanex's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $25.55. Methanex's Cyclically Adjusted PB Ratio for today is 2.51.

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: 2.15   Max: 5.15
Current: 2.41

During the past years, Methanex's highest Cyclically Adjusted PB Ratio was 5.15. The lowest was 0.67. And the median was 2.15.

MEOH's Cyclically Adjusted PB Ratio is ranked worse than
63.79% of 1099 companies
in the Chemicals industry
Industry Median: 1.67 vs MEOH: 2.41

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 Jun. 2026 was $37.182. 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 $25.55 for the trailing ten years ended in Jun. 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 1.71 1.45 1.71 1.73 1.31

Methanex 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 1.11 1.32 1.31 1.92 1.46

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.
View Full Analysis

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
=64.195/25.55
=2.51

* 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 Jun. 2026 is calculated as:

For example, Methanex'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)
=37.182/133.5265*133.5265
=37.182

Current CPI (Jun. 2026) = 133.5265.

Methanex Quarterly Data

Book Value per Share CPI Adj_Book
201609 20.144 101.765 26.431
201612 20.099 101.449 26.454
201703 21.087 102.634 27.434
201706 21.186 103.029 27.457
201709 20.636 103.345 26.663
201712 20.832 103.345 26.916
201803 22.513 105.004 28.628
201806 21.862 105.557 27.655
201809 22.290 105.636 28.175
201812 23.398 105.399 29.642
201903 23.107 106.979 28.841
201906 22.821 107.690 28.296
201909 21.945 107.611 27.230
201912 21.397 107.769 26.511
202003 21.907 107.927 27.103
202006 20.715 108.401 25.516
202009 19.700 108.164 24.319
202012 18.916 108.559 23.266
202103 20.738 110.298 25.105
202106 22.427 111.720 26.805
202109 24.539 112.905 29.021
202112 26.142 113.774 30.681
202203 31.639 117.646 35.910
202206 33.527 120.806 37.057
202209 35.393 120.648 39.171
202212 35.088 120.964 38.732
202303 34.318 122.702 37.345
202306 33.888 124.203 36.432
202309 34.129 125.230 36.390
202312 32.247 125.072 34.427
202403 32.951 126.258 34.848
202406 33.886 127.522 35.482
202409 34.220 127.285 35.898
202412 35.333 127.364 37.043
202503 37.714 129.181 38.983
202506 37.735 129.892 38.791
202509 37.122 130.287 38.045
202512 35.256 130.366 36.111
202603 34.930 132.262 35.264
202606 37.182 133.527 37.182

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 2.51 mean?
Methanex (MEOH) has a Cyclically Adjusted PB Ratio of 2.51 as of Sep. 15, 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 17% above median its historical median of 2.15. 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 #701 out of 1099 companies in the Chemicals industry, placing it in the top 63.8%.
Is Methanex's Cyclically Adjusted PB Ratio too high?
Methanex's current Cyclically Adjusted PB Ratio of 2.51 is 17% above median its 10-year median of 2.15. 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 2.51 is 50.3% above this industry median. Based on the distribution chart, Methanex ranks #701 out of 1099 companies in the Chemicals industry, which is below the industry midpoint. Overall, Methanex has a GF Score™ of 70/100 and is considered Significantly 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 #701 out of 1099 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 2.51 is 50.3% 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 2.15 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 1,099 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 2.51 is 50.3% 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 2.51, which is 17% above median its own 10-year median of 2.15. 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 Significantly Overvalued. The stock's GF Value™ is $46.39, compared to a current price of $64.20 — trading 38.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.51, which is 17% above median its 10-year median of 2.15 and 50.3% above the Chemicals industry median of 1.67. Methanex's overall GF Score™ is 70/100 with 8 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 2.51 as of Sep. 15, 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 $64.20 is trading 38.4% above its estimated GF Value™ of $46.39. GuruFocus considers Methanex to be Significantly Overvalued.

Key valuation signals for MEOH:

  • Cyclically Adjusted PB Ratio: 2.51 (17% above median its 10-year median of 2.15)
  • GF Value™: $46.39 vs. price of $64.20 (38.4% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 50.3% above the Chemicals median (#701 of 1099)

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.

$64.20
Price
$46.39
GF Value