Banco del Bajio (MEX:BBAJIOO) Cyclically Adjusted PB Ratio: 1.59 (As of Aug. 04, 2026) — Near Median

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MEX:BBAJIOO Banco del Bajio SA MEX:BBAJIOO
73 GF Score
Price MXN56.81
GF Value MXN52.60
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Banco del Bajio Cyclically Adjusted PB Ratio?

Banco del Bajio MEX:BBAJIOO -1.29% 73 Cyclically Adjusted PB Ratio is 1.59 as of Aug. 04, 2026, which is 1% above its 10-year median of 1.58. GuruFocus rates MEX:BBAJIOO with a GF Score™ of 73/100 and a GF Value™ of MXN52.60 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,286 Banks companies, Banco del Bajio ranks worse than 65.4% on this metric.

As of today (2026-08-04), Banco del Bajio's current share price is MXN56.81. Banco del Bajio's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN35.78. Banco del Bajio's Cyclically Adjusted PB Ratio for today is 1.59.

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

MEX:BBAJIOO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.58   Max: 2.55
Current: 1.59

During the past years, Banco del Bajio's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 1.29. And the median was 1.58.

MEX:BBAJIOO's Cyclically Adjusted PB Ratio is ranked worse than
65.4% of 1286 companies
in the Banks industry
Industry Median: 1.27 vs MEX:BBAJIOO: 1.59

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.

Banco del Bajio's adjusted book value per share data for the three months ended in Jun. 2026 was MXN39.892. 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 MXN35.78 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco del Bajio  (MEX:BBAJIOO) 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.


Banco del Bajio Cyclically Adjusted PB Ratio Related Terms


Banco del Bajio Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Banco del Bajio'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.

Banco del Bajio Cyclically Adjusted PB Ratio Chart

Banco del Bajio 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 0.00 0.00 2.03 1.34 1.33

Banco del Bajio 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 1.39 1.38 1.33 1.56 1.58

MEX:BBAJIOO vs PNC, USB: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, Banco del Bajio'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.


Banco del Bajio Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Banco del Bajio's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:BBAJIOO
73GF Score
Banco del Bajio SA MEX:BBAJIOO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco del Bajio 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.

Banco del Bajio's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.81/35.78
=1.59

* 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.

Banco del Bajio's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Banco del Bajio'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)
=39.892/165.5700*165.5700
=39.892

Current CPI (Jun. 2026) = 165.5700.

Banco del Bajio Quarterly Data

Book Value per Share CPI Adj_Book
201609 14.136 103.084 22.705
201612 14.665 105.002 23.124
201703 15.311 108.063 23.459
201706 18.566 108.339 28.374
201709 19.426 109.628 29.339
201712 20.320 112.114 30.009
201803 21.255 113.505 31.005
201806 21.655 113.373 31.625
201809 22.785 115.130 32.767
201812 23.993 117.530 33.800
201903 25.088 118.050 35.187
201906 24.499 117.848 34.420
201909 25.527 118.581 35.642
201912 26.608 120.854 36.453
202003 27.499 121.885 37.355
202006 27.925 121.777 37.967
202009 28.629 123.341 38.431
202012 29.303 124.661 38.919
202103 30.348 127.574 39.387
202106 29.382 128.936 37.730
202109 30.477 130.742 38.596
202112 31.867 133.830 39.425
202203 33.213 137.082 40.115
202206 30.835 139.233 36.668
202209 28.761 142.116 33.508
202212 31.063 144.291 35.644
202303 33.311 146.472 37.654
202306 31.597 146.272 35.766
202309 33.908 148.446 37.819
202312 34.910 151.017 38.274
202403 37.246 152.947 40.320
202406 34.055 153.551 36.721
202409 36.185 155.246 38.591
202412 38.253 157.378 40.244
202503 40.323 158.761 42.052
202506 37.680 160.180 38.948
202509 39.589 161.030 40.705
202512 40.203 163.190 40.789
202603 41.885 166.040 41.766
202606 39.892 165.570 39.892

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 1.59 mean?
Banco del Bajio (MEX:BBAJIOO) has a Cyclically Adjusted PB Ratio of 1.59 as of Aug. 04, 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 Banco del Bajio and its competitors. This is near median its historical median of 1.58. Over the past decade, Banco del Bajio's Cyclically Adjusted PB Ratio has ranged from 1.29 to 2.55. According to the industry distribution chart, Banco del Bajio ranks #841 out of 1286 companies in the Banks industry, placing it in the top 65.4%.
Is Banco del Bajio's Cyclically Adjusted PB Ratio too high?
Banco del Bajio's current Cyclically Adjusted PB Ratio of 1.59 is near median its 10-year median of 1.58. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 2.55. The Banks industry median Cyclically Adjusted PB Ratio is 1.27. Banco del Bajio's value of 1.59 is 25.2% above this industry median. Based on the distribution chart, Banco del Bajio ranks #841 out of 1286 companies in the Banks industry, which is below the industry midpoint. Overall, Banco del Bajio has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Banco del Bajio's Cyclically Adjusted PB Ratio compare to PNC and USB?
According to the Banks industry distribution chart, Banco del Bajio ranks #841 out of 1286 companies for Cyclically Adjusted PB Ratio. This places Banco del Bajio in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Banco del Bajio's value of 1.59 is 25.2% above this benchmark. Historically, Banco del Bajio's own Cyclically Adjusted PB Ratio has ranged from 1.29 to 2.55 over the past decade. While the company's 10-year median is 1.58 vs. the industry median of 1.27, Banco del Bajio 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 Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.27, based on 1,286 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. Banco del Bajio's current Cyclically Adjusted PB Ratio of 1.59 is 25.2% 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 Banco del Bajio and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco del Bajio's current Cyclically Adjusted PB Ratio is 1.59, which is near median its own 10-year median of 1.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco del Bajio stock overvalued right now?
Based on GuruFocus' analysis, Banco del Bajio (MEX:BBAJIOO) is currently considered Fairly Valued. The stock's GF Value™ is MXN52.60, compared to a current price of MXN56.81 — trading 8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.59, which is near median its 10-year median of 1.58 and 25.2% above the Banks industry median of 1.27. Banco del Bajio's overall GF Score™ is 73/100 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 Banco del Bajio (MEX:BBAJIOO), the current Cyclically Adjusted PB Ratio is 1.59 as of Aug. 04, 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 Banco del Bajio (MEX:BBAJIOO) Overvalued in 2026?

Based on GuruFocus' analysis, Banco del Bajio stock appears to be overvalued. The current stock price of MXN56.81 is trading 8% above its estimated GF Value™ of MXN52.60. GuruFocus considers Banco del Bajio to be Fairly Valued.

Key valuation signals for MEX:BBAJIOO:

  • Cyclically Adjusted PB Ratio: 1.59 (near median its 10-year median of 1.58)
  • GF Value™: MXN52.60 vs. price of MXN56.81 (8% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 25.2% above the Banks median (#841 of 1286)

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


Banco del Bajio Business Description

Other Exchanges BBAJF:USA
Address Avenida Manuel J. Clouthier No. 402, Col. Jardines del Campestre, Leon, GTO, MEX, 37128
Banco del Bajio SA is a Mexico based company engaged in the provision of full-banking services. Its activities include receiving deposits, accepting loans, granting loans, operations with securities, trust agreements, and financial factoring and leasing operations. The business segments of the company are Banking and credit transactions, Rediscounted transactions, Treasury transactions and other segments. It derives a majority of the revenue from the Banking and credit transactions activities segment. The bank operates majorly in Mexico.
73GF Score

Get the complete analysis for MEX:BBAJIOO

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

MXN56.81
Price
MXN52.60
GF Value