AxtelB de CV (MEX:AXTELCPO) Cyclically Adjusted PB Ratio: 2.39 (As of Aug. 28, 2026) — 251% Above Median

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MEX:AXTELCPO Axtel SAB de CV MEX:AXTELCPO
57 GF Score
Price MXN3.40
GF Value MXN2.50
Valuation Significantly Overvalued
! 6 Warning Signs
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What is AxtelB de CV Cyclically Adjusted PB Ratio?

AxtelB de CV MEX:AXTELCPO +12.21% 57 Cyclically Adjusted PB Ratio is 2.39 as of Aug. 28, 2026, which is 251% above its 10-year median of 0.68. GuruFocus rates MEX:AXTELCPO with a GF Score™ of 57/100 and a GF Value™ of MXN2.50 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 286 Telecommunication Services companies, AxtelB de CV ranks worse than 54.2% on this metric.

As of today (2026-08-28), AxtelB de CV's current share price is MXN3.40. AxtelB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN1.42. AxtelB de CV's Cyclically Adjusted PB Ratio for today is 2.39.

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

MEX:AXTELCPO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 0.68   Max: 2.11
Current: 1.95

During the past years, AxtelB de CV's highest Cyclically Adjusted PB Ratio was 2.11. The lowest was 0.22. And the median was 0.68.

MEX:AXTELCPO's Cyclically Adjusted PB Ratio is ranked worse than
54.2% of 286 companies
in the Telecommunication Services industry
Industry Median: 1.78 vs MEX:AXTELCPO: 1.95

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.

AxtelB de CV's adjusted book value per share data for the three months ended in Jun. 2026 was MXN0.949. 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 MXN1.42 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


AxtelB de CV  (MEX:AXTELCPO) 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.


AxtelB de CV Cyclically Adjusted PB Ratio Related Terms


AxtelB de CV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for AxtelB 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.

AxtelB de CV Cyclically Adjusted PB Ratio Chart

AxtelB 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 1.11 0.42 0.26 0.57 1.90

AxtelB 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 1.46 1.87 1.90 1.68 1.97

MEX:AXTELCPO vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

For the Telecom Services subindustry, AxtelB 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.


AxtelB de CV Cyclically Adjusted PB Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, AxtelB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:AXTELCPO
57GF Score
Axtel SAB de CV MEX:AXTELCPO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AxtelB 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.

AxtelB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.40/1.42
=2.39

* 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.

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

For example, AxtelB 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)
=0.949/165.5700*165.5700
=0.949

Current CPI (Jun. 2026) = 165.5700.

AxtelB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201609 1.710 103.084 2.747
201612 0.874 105.002 1.378
201703 1.244 108.063 1.906
201706 1.461 108.339 2.233
201709 1.258 109.628 1.900
201712 0.862 112.114 1.273
201803 1.186 113.505 1.730
201806 0.942 113.373 1.376
201809 0.796 115.130 1.145
201812 1.252 117.530 1.764
201903 1.199 118.050 1.682
201906 1.339 117.848 1.881
201909 1.204 118.581 1.681
201912 1.189 120.854 1.629
202003 1.392 121.885 1.891
202006 1.423 121.777 1.935
202009 1.308 123.341 1.756
202012 1.230 124.661 1.634
202103 1.145 127.574 1.486
202106 1.279 128.936 1.642
202109 1.180 130.742 1.494
202112 1.013 133.830 1.253
202203 1.056 137.082 1.275
202206 1.000 139.233 1.189
202209 0.959 142.116 1.117
202212 1.006 144.291 1.154
202303 1.053 146.472 1.190
202306 1.053 146.272 1.192
202309 0.989 148.446 1.103
202312 1.102 151.017 1.208
202403 1.103 152.947 1.194
202406 0.943 153.551 1.017
202409 0.835 155.246 0.891
202412 0.846 157.378 0.890
202503 0.922 158.761 0.962
202506 1.047 160.180 1.082
202509 1.023 161.030 1.052
202512 1.055 163.190 1.070
202603 0.895 166.040 0.892
202606 0.949 165.570 0.949

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 2.39 mean?
AxtelB de CV (MEX:AXTELCPO) has a Cyclically Adjusted PB Ratio of 2.39 as of Aug. 28, 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 AxtelB de CV and its competitors. This is 251% above median its historical median of 0.68. Over the past decade, AxtelB de CV's Cyclically Adjusted PB Ratio has ranged from 0.22 to 2.11. According to the industry distribution chart, AxtelB de CV ranks #155 out of 286 companies in the Telecommunication Services industry, placing it in the top 54.2%.
Is AxtelB de CV's Cyclically Adjusted PB Ratio too high?
AxtelB de CV's current Cyclically Adjusted PB Ratio of 2.39 is 251% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 2.11. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.78. AxtelB de CV's value of 2.39 is 34.3% above this industry median. Based on the distribution chart, AxtelB de CV ranks #155 out of 286 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, AxtelB de CV has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AxtelB de CV's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, AxtelB de CV ranks #155 out of 286 companies for Cyclically Adjusted PB Ratio. This places AxtelB de CV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.78. AxtelB de CV's value of 2.39 is 34.3% above this benchmark. Historically, AxtelB de CV's own Cyclically Adjusted PB Ratio has ranged from 0.22 to 2.11 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.78, AxtelB de CV 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 Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.78, based on 286 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. AxtelB de CV's current Cyclically Adjusted PB Ratio of 2.39 is 34.3% 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 AxtelB de CV and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AxtelB de CV's current Cyclically Adjusted PB Ratio is 2.39, which is 251% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AxtelB de CV stock overvalued right now?
Based on GuruFocus' analysis, AxtelB de CV (MEX:AXTELCPO) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2.50, compared to a current price of MXN3.40 — trading 36% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.39, which is 251% above median its 10-year median of 0.68 and 34.3% above the Telecommunication Services industry median of 1.78. AxtelB de CV's overall GF Score™ is 57/100 with 6 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 AxtelB de CV (MEX:AXTELCPO), the current Cyclically Adjusted PB Ratio is 2.39 as of Aug. 28, 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 AxtelB de CV (MEX:AXTELCPO) Overvalued in 2026?

Based on GuruFocus' analysis, AxtelB de CV stock appears to be overvalued. The current stock price of MXN3.40 is trading 36% above its estimated GF Value™ of MXN2.50. GuruFocus considers AxtelB de CV to be Significantly Overvalued.

Key valuation signals for MEX:AXTELCPO:

  • Cyclically Adjusted PB Ratio: 2.39 (251% above median its 10-year median of 0.68)
  • GF Value™: MXN2.50 vs. price of MXN3.40 (36% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 34.3% above the Telecommunication Services median (#155 of 286)

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


AxtelB de CV Business Description

Other Exchanges 4GK:Germany
Address Boulevard Diaz Ordaz Km. 3.33 L-1, Col. Unidad San Pedro, San Pedro Garza Garcia, NL, MEX, 66215
Axtel SAB de CV is a Mexican based information and communication technology company. The company has two operating segments namely Business operating segment offers communication services such as information, data and Internet technologies, managed through the company's network and infrastructure for both multinational companies, as well as for international and national businesses. Its Government operating segment offers communication services such as information, data and Internet technologies, administered through the company's network and infrastructure, for the federal, state and municipal governments. The company generates maximum revenue from the Business segment. Geographically, it derives majority revenue from the Mexico region.
57GF Score

Get the complete analysis for MEX:AXTELCPO

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

MXN3.40
Price
MXN2.50
GF Value