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AMETEK (MEX:AME) Cyclically Adjusted PB Ratio : 5.27 (As of Jun. 01, 2025)


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What is AMETEK Cyclically Adjusted PB Ratio?

As of today (2025-06-01), AMETEK's current share price is MXN3355.00. AMETEK's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN636.59. AMETEK's Cyclically Adjusted PB Ratio for today is 5.27.

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

MEX:AME' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.37   Med: 6.36   Max: 8.16
Current: 6.16

During the past years, AMETEK's highest Cyclically Adjusted PB Ratio was 8.16. The lowest was 4.37. And the median was 6.36.

MEX:AME's Cyclically Adjusted PB Ratio is ranked worse than
86.33% of 2158 companies
in the Industrial Products industry
Industry Median: 2.01 vs MEX:AME: 6.16

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.

AMETEK's adjusted book value per share data for the three months ended in Mar. 2025 was MXN883.943. 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 MXN636.59 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMETEK Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AMETEK'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.

* Premium members only.

AMETEK Cyclically Adjusted PB Ratio Chart

AMETEK Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.48 7.68 6.28 6.59 6.44

AMETEK Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.03 6.24 6.27 6.44 5.94

Competitive Comparison of AMETEK's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, AMETEK'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.


AMETEK's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AMETEK's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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AMETEK 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3355.00/636.59
=5.27

* 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.

AMETEK's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, AMETEK's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=883.943/134.9266*134.9266
=883.943

Current CPI (Mar. 2025) = 134.9266.

AMETEK Quarterly Data

Book Value per Share CPI Adj_Book
201506 223.747 100.684 299.844
201509 235.500 100.392 316.513
201512 237.621 99.792 321.281
201603 242.189 100.470 325.247
201606 267.082 101.688 354.382
201609 281.821 101.861 373.304
201612 292.701 101.863 387.710
201703 278.671 102.862 365.539
201706 281.343 103.349 367.305
201709 295.730 104.136 383.172
201712 342.140 104.011 443.835
201803 329.896 105.290 422.756
201806 367.583 106.317 466.499
201809 363.591 106.507 460.610
201812 366.738 105.998 466.827
201903 379.966 107.251 478.017
201906 392.578 108.070 490.140
201909 420.240 108.329 523.418
201912 421.149 108.420 524.111
202003 544.893 108.902 675.111
202006 551.490 108.767 684.127
202009 547.720 109.815 672.969
202012 513.382 109.897 630.309
202103 542.089 111.754 654.491
202106 546.135 114.631 642.827
202109 582.962 115.734 679.635
202112 608.515 117.630 697.995
202203 597.034 121.301 664.098
202206 609.039 125.017 657.316
202209 624.739 125.227 673.132
202212 633.608 125.222 682.713
202303 607.181 127.348 643.316
202306 600.516 128.729 629.429
202309 629.627 129.860 654.195
202312 641.703 129.419 669.009
202403 643.736 131.776 659.126
202406 732.089 132.554 745.194
202409 812.971 133.029 824.568
202412 872.861 133.157 884.460
202503 883.943 134.927 883.943

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.


AMETEK  (MEX:AME) 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.


AMETEK Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of AMETEK's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AMETEK Business Description

Industry
Address
1100 Cassatt Road, Berwyn, PA, USA, 19312-1177
Founded in 1930 and transformed over the decades through the acquisition of dozens of esteemed brands, Ametek owns a collection of over 40 autonomous industrial businesses operating within the research, aerospace, energy, medical, and manufacturing industries. Ametek segments its business into two operating groups: the electronic instruments group and the electromechanical group. The EIG sells a broad portfolio of analytical, test, and measurement instruments, while the EMG sells highly engineered components, interconnects, and specialty metals. The company emphasizes product differentiation and market leadership in the niche markets where it operates.