Bank of New York Mellon (MEX:BK) Cyclically Adjusted PB Ratio: 2.57 (As of Jul. 20, 2026) — 82% Above Median

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MEX:BK Bank of New York Mellon Corp MEX:BK
71 GF Score
Price MXN2,366.00
GF Value MXN1,442.52
! 7 Warning Signs
View Full Analysis

What is Bank of New York Mellon Cyclically Adjusted PB Ratio?

Bank of New York Mellon MEX:BK 71 Cyclically Adjusted PB Ratio is 2.57 as of Jul. 20, 2026, which is 82% above its 10-year median of 1.41. GuruFocus rates MEX:BK with a GF Score™ of 71/100 and a GF Value™ of MXN1,442.52. The stock has 7 warning signs investors should review. Among 1,297 Banks companies, Bank of New York Mellon ranks worse than 91.52% on this metric.

As of today (2026-07-20), Bank of New York Mellon's current share price is MXN2366.00. Bank of New York Mellon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN920.98. Bank of New York Mellon's Cyclically Adjusted PB Ratio for today is 2.57.

The historical rank and industry rank for Bank of New York Mellon's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:BK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.41   Max: 3
Current: 3

During the past years, Bank of New York Mellon's highest Cyclically Adjusted PB Ratio was 3.00. The lowest was 0.83. And the median was 1.41.

MEX:BK's Cyclically Adjusted PB Ratio is ranked worse than
91.52% of 1297 companies
in the Banks industry
Industry Median: 1.26 vs MEX:BK: 3.00

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.

Bank of New York Mellon's adjusted book value per share data for the three months ended in Mar. 2026 was MXN1,036.492. 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 MXN920.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of New York Mellon  (MEX:BK) 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.


Bank of New York Mellon Cyclically Adjusted PB Ratio Related Terms


Bank of New York Mellon Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bank of New York Mellon'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.

Bank of New York Mellon Cyclically Adjusted PB Ratio Chart

Bank of New York Mellon 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 1.41 1.03 1.12 1.58 2.27

Bank of New York Mellon Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.69 1.81 2.14 2.27 2.27

MEX:BK vs NTB, FRBT, C: Cyclically Adjusted PB Ratio Comparison

For the Banks - Diversified subindustry, Bank of New York Mellon'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.


Bank of New York Mellon Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Bank of New York Mellon's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bank of New York Mellon's Cyclically Adjusted PB Ratio falls into.


MEX:BK
71GF Score
Bank of New York Mellon Corp MEX:BK
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bank of New York Mellon 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.

Bank of New York Mellon's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2366.00/920.98
=2.57

* 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.

Bank of New York Mellon's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bank of New York Mellon's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1036.492/330.2130*330.2130
=1,036.492

Current CPI (Mar. 2026) = 330.2130.

Bank of New York Mellon Quarterly Data

Book Value per Share CPI Adj_Book
201606 623.688 241.018 854.500
201609 661.129 241.428 904.259
201612 694.176 241.432 949.443
201703 644.535 243.801 872.982
201706 637.411 244.955 859.266
201709 655.387 246.819 876.826
201712 730.763 246.524 978.840
201803 686.420 249.554 908.280
201806 745.995 251.989 977.571
201809 719.198 252.439 940.776
201812 758.393 251.233 996.809
201903 763.407 254.202 991.680
201906 774.154 256.143 998.020
201909 804.452 256.759 1,034.591
201912 794.472 256.974 1,020.901
202003 995.790 258.115 1,273.939
202006 1,020.487 257.797 1,307.145
202009 1,006.781 260.280 1,277.287
202012 925.549 260.474 1,173.354
202103 943.575 264.877 1,176.322
202106 939.521 271.696 1,141.872
202109 972.549 274.310 1,170.750
202112 974.392 278.802 1,154.070
202203 911.033 287.504 1,046.368
202206 899.867 296.311 1,002.824
202209 868.503 296.808 966.251
202212 865.648 296.797 963.110
202303 817.634 301.836 894.504
202306 794.586 305.109 859.964
202309 818.271 307.789 877.886
202312 814.283 306.746 876.578
202403 803.962 312.332 849.989
202406 906.128 314.175 952.384
202409 1,019.588 315.301 1,067.809
202412 1,074.489 315.605 1,124.222
202503 1,080.567 319.799 1,115.755
202506 1,031.087 322.561 1,055.547
202509 1,027.050 324.800 1,044.166
202512 1,032.801 324.054 1,052.431
202603 1,036.492 330.213 1,036.492

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 2.57 mean?
Bank of New York Mellon (MEX:BK) has a Cyclically Adjusted PB Ratio of 2.57 as of Jul. 20, 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 Bank of New York Mellon and its competitors. This is 82% above median its historical median of 1.41. Over the past decade, Bank of New York Mellon's Cyclically Adjusted PB Ratio has ranged from 0.83 to 3.00. According to the industry distribution chart, Bank of New York Mellon ranks #1187 out of 1297 companies in the Banks industry, placing it in the top 91.5%.
Is Bank of New York Mellon's Cyclically Adjusted PB Ratio too high?
Bank of New York Mellon's current Cyclically Adjusted PB Ratio of 2.57 is 82% above median its 10-year median of 1.41. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 3.00. The Banks industry median Cyclically Adjusted PB Ratio is 1.26. Bank of New York Mellon's value of 2.57 is 104% above this industry median. Based on the distribution chart, Bank of New York Mellon ranks #1187 out of 1297 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Bank of New York Mellon has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Bank of New York Mellon's Cyclically Adjusted PB Ratio compare to NTB and FRBT?
According to the Banks industry distribution chart, Bank of New York Mellon ranks #1187 out of 1297 companies for Cyclically Adjusted PB Ratio. This places Bank of New York Mellon in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. Bank of New York Mellon's value of 2.57 is 104% above this benchmark. Historically, Bank of New York Mellon's own Cyclically Adjusted PB Ratio has ranged from 0.83 to 3.00 over the past decade. While the company's 10-year median is 1.41 vs. the industry median of 1.26, Bank of New York Mellon 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 1.26, based on 1,297 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. Bank of New York Mellon's current Cyclically Adjusted PB Ratio of 2.57 is 104% 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 Bank of New York Mellon and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bank of New York Mellon's current Cyclically Adjusted PB Ratio is 2.57, which is 82% above median its own 10-year median of 1.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of New York Mellon stock overvalued right now?
Bank of New York Mellon (MEX:BK) has a current Cyclically Adjusted PB Ratio of 2.57. The stock's GF Value™ is MXN1,442.52, compared to a current price of MXN2,366.00 — trading 64% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.57, which is 82% above median its 10-year median of 1.41 and 104% above the Banks industry median of 1.26. Bank of New York Mellon's overall GF Score™ is 71/100 with 7 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 Bank of New York Mellon (MEX:BK), the current Cyclically Adjusted PB Ratio is 2.57 as of Jul. 20, 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 Bank of New York Mellon (MEX:BK) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of New York Mellon stock appears to be overvalued. The current stock price of MXN2,366.00 is trading 64% above its estimated GF Value™ of MXN1,442.52.

Key valuation signals for MEX:BK:

  • Cyclically Adjusted PB Ratio: 2.57 (82% above median its 10-year median of 1.41)
  • GF Value™: MXN1,442.52 vs. price of MXN2,366.00 (64% above fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 104% above the Banks median (#1187 of 1297)

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


Bank of New York Mellon Business Description

Address 240 Greenwich Street, New York, NY, USA, 10286
Bank of New York Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors, delivering investment management and services in 35 countries and more than 100 markets. BNY is the largest global custody bank in the world, with $59.3 trillion in under custody or administration (as of December 2025), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY's asset-management division manages about $2.2 trillion in assets.
71GF Score

Get the complete analysis for MEX:BK

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

MXN2,366.00
Price
MXN1,442.52
GF Value