Barclays (MEX:BCSN) Cyclically Adjusted PB Ratio: 0.98 (As of Sep. 16, 2026) — 118% Above Median

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MEX:BCSN Barclays PLC MEX:BCSN
58 GF Score
Price MXN434.10
GF Value MXN349.67
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Barclays Cyclically Adjusted PB Ratio?

Barclays MEX:BCSN -2.66% 58 Cyclically Adjusted PB Ratio is 0.98 as of Sep. 16, 2026, which is 118% above its 10-year median of 0.45. GuruFocus rates MEX:BCSN with a GF Score™ of 58/100 and a GF Value™ of MXN349.67 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,273 Banks companies, Barclays ranks better than 67.79% on this metric.

As of today (2026-09-16), Barclays's current share price is MXN434.10. Barclays's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN441.49. Barclays's Cyclically Adjusted PB Ratio for today is 0.98.

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

MEX:BCSN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.45   Max: 1.02
Current: 0.96

During the past years, Barclays's highest Cyclically Adjusted PB Ratio was 1.02. The lowest was 0.20. And the median was 0.45.

MEX:BCSN's Cyclically Adjusted PB Ratio is ranked better than
67.79% of 1273 companies
in the Banks industry
Industry Median: 1.29 vs MEX:BCSN: 0.96

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.

Barclays's adjusted book value per share data for the three months ended in Jun. 2026 was MXN456.979. 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 MXN441.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barclays  (MEX:BCSN) 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.


Barclays Cyclically Adjusted PB Ratio Related Terms


Barclays Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Barclays'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.

Barclays Cyclically Adjusted PB Ratio Chart

Barclays 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 0.55 0.37 0.32 0.63 1.05

Barclays 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 0.79 0.88 1.05 0.85 1.06

MEX:BCSN vs JPM, BAC, WFC: Cyclically Adjusted PB Ratio Comparison

For the Banks - Diversified subindustry, Barclays'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.


Barclays Cyclically Adjusted PB Ratio vs Banks Industry

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

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


MEX:BCSN
58GF Score
Barclays PLC MEX:BCSN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Barclays 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=434.10/441.492
=0.98

* 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.

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

For example, Barclays'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)
=456.979/142.3000*142.3000
=456.979

Current CPI (Jun. 2026) = 142.3000.

Barclays Quarterly Data

Book Value per Share CPI Adj_Book
201609 377.944 101.500 529.866
201612 389.827 102.200 542.783
201703 353.410 102.700 489.681
201706 323.352 103.500 444.570
201709 332.378 104.300 453.474
201712 354.395 105.000 480.290
201803 316.348 105.100 428.319
201806 329.190 105.900 442.339
201809 310.212 106.600 414.101
201812 317.286 107.100 421.567
201903 323.276 107.000 429.927
201906 321.631 107.900 424.171
201909 318.952 108.400 418.698
201912 316.746 108.500 415.419
202003 394.558 108.600 516.995
202006 386.591 108.800 505.624
202009 375.559 109.200 489.396
202012 349.986 109.400 455.238
202103 360.884 109.700 468.129
202106 368.980 111.400 471.327
202109 378.538 112.400 479.234
202112 382.722 114.700 474.816
202203 365.669 116.500 446.650
202206 345.560 120.500 408.076
202209 309.551 122.300 360.173
202212 330.995 125.300 375.903
202303 323.749 126.800 363.324
202306 307.443 129.400 338.092
202309 318.305 130.100 348.154
202312 334.347 130.500 364.579
202403 329.333 131.600 356.110
202406 367.625 133.000 393.331
202409 432.868 133.500 461.402
202412 436.920 135.100 460.205
202503 458.850 136.100 479.753
202506 461.349 138.400 474.349
202509 449.211 138.900 460.207
202512 457.651 139.900 465.502
202603 446.183 140.800 450.936
202606 456.979 142.300 456.979

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 0.98 mean?
Barclays (MEX:BCSN) has a Cyclically Adjusted PB Ratio of 0.98 as of Sep. 16, 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 Barclays and its competitors. This is 118% above median its historical median of 0.45. Over the past decade, Barclays' Cyclically Adjusted PB Ratio has ranged from 0.20 to 1.02. According to the industry distribution chart, Barclays ranks #410 out of 1273 companies in the Banks industry, placing it in the top 32.2%.
Is Barclays' Cyclically Adjusted PB Ratio too high?
Barclays' current Cyclically Adjusted PB Ratio of 0.98 is 118% above median its 10-year median of 0.45. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 1.02. The Banks industry median Cyclically Adjusted PB Ratio is 1.29. Barclays' value of 0.98 is 24% below this industry median. Based on the distribution chart, Barclays ranks #410 out of 1273 companies in the Banks industry, which is above the industry midpoint. Overall, Barclays has a GF Score™ of 58/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barclays' Cyclically Adjusted PB Ratio compare to JPM and BAC?
According to the Banks industry distribution chart, Barclays ranks #410 out of 1273 companies for Cyclically Adjusted PB Ratio. This puts Barclays in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. Barclays' value of 0.98 is 24% below this benchmark. Historically, Barclays' own Cyclically Adjusted PB Ratio has ranged from 0.20 to 1.02 over the past decade. While the company's 10-year median is 0.45 vs. the industry median of 1.29, Barclays has consistently been below 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 1.29, based on 1,273 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. Barclays's current Cyclically Adjusted PB Ratio of 0.98 is 24% below 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 Barclays and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barclays's current Cyclically Adjusted PB Ratio is 0.98, which is 118% above median its own 10-year median of 0.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barclays stock overvalued right now?
Based on GuruFocus' analysis, Barclays (MEX:BCSN) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN349.67, compared to a current price of MXN434.10 — trading 24.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.98, which is 118% above median its 10-year median of 0.45 and 24% below the Banks industry median of 1.29. Barclays' overall GF Score™ is 58/100 with 4 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 Barclays (MEX:BCSN), the current Cyclically Adjusted PB Ratio is 0.98 as of Sep. 16, 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 Barclays (MEX:BCSN) Overvalued in 2026?

Based on GuruFocus' analysis, Barclays stock appears to be overvalued. The current stock price of MXN434.10 is trading 24.1% above its estimated GF Value™ of MXN349.67. GuruFocus considers Barclays to be Modestly Overvalued.

Key valuation signals for MEX:BCSN:

  • Cyclically Adjusted PB Ratio: 0.98 (118% above median its 10-year median of 0.45)
  • GF Value™: MXN349.67 vs. price of MXN434.10 (24.1% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 24% below the Banks median (#410 of 1273)

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


Barclays Business Description

Address 1 Churchill Place, London, GBR, E14 5HP
Barclays is a universal bank headquartered in the United Kingdom. It operates via five principal segments; Barclays UK (retail), UK corporate bank, private bank and wealth management, investment bank, and US consumer bank. In its UK segment, the bank provides current accounts, mortgages, savings and investment management services, credit cards, and business banking services to retail clients and small and medium-size enterprises. The US consumer bank includes a co-branded credit card and unsecured lending business. The investment bank offers global markets, financing, and advisory services.
58GF Score

Get the complete analysis for MEX:BCSN

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

MXN434.10
Price
MXN349.67
GF Value