Citigroup (MEX:C) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:C Citigroup Inc MEX:C
52 GF Score
Price MXN2,315.00
GF Value MXN1,559.12
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Citigroup Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Citigroup  (MEX:C) 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.


Citigroup Cyclically Adjusted PB Ratio Related Terms


Citigroup Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Citigroup'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.

Citigroup Cyclically Adjusted PB Ratio Chart

Citigroup 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 0.72 0.50 0.54 0.71 1.14

Citigroup 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 0.84 0.99 1.14 1.08 0.00

MEX:C vs WFC, BNY, BAC: Cyclically Adjusted PB Ratio Comparison

For the Banks - Diversified subindustry, Citigroup'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.


Citigroup Cyclically Adjusted PB Ratio vs Banks Industry

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

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


MEX:C
52GF Score
Citigroup Inc MEX:C
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Citigroup 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.

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

For example, Citigroup'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)
=2002.1/333.9520*333.9520
=2,002.100

Current CPI (Jun. 2026) = 333.9520.

Citigroup Quarterly Data

Book Value per Share CPI Adj_Book
201609 1,440.611 241.428 1,992.706
201612 1,530.938 241.432 2,117.614
201703 1,428.483 243.801 1,956.697
201706 1,398.322 244.955 1,906.360
201709 1,430.293 246.819 1,935.221
201712 1,386.942 246.524 1,878.811
201803 1,302.110 249.554 1,742.478
201806 1,413.698 251.989 1,873.523
201809 1,363.114 252.439 1,803.266
201812 1,473.661 251.233 1,958.867
201903 1,495.424 254.202 1,964.579
201906 1,525.271 256.143 1,988.605
201909 1,599.593 256.759 2,080.501
201912 1,563.505 256.974 2,031.862
202003 1,963.765 258.115 2,540.741
202006 1,925.207 257.797 2,493.926
202009 1,866.375 260.280 2,394.651
202012 1,719.333 260.474 2,204.346
202103 1,802.455 264.877 2,272.502
202106 1,808.760 271.696 2,223.216
202109 1,895.097 274.310 2,307.139
202112 1,891.592 278.802 2,265.769
202203 1,832.399 287.504 2,128.434
202206 1,869.987 296.311 2,107.535
202209 1,864.855 296.808 2,098.232
202212 1,833.805 296.797 2,063.373
202303 1,741.157 301.836 1,926.420
202306 1,677.923 305.109 1,836.543
202309 1,729.328 307.789 1,876.326
202312 1,675.498 306.746 1,824.102
202403 1,644.321 312.332 1,758.143
202406 1,826.542 314.175 1,941.521
202409 2,006.578 315.301 2,125.273
202412 2,119.357 315.605 2,242.561
202503 2,125.612 319.799 2,219.683
202506 2,013.660 322.561 2,084.771
202509 1,988.681 324.800 2,044.717
202512 1,980.739 324.054 2,041.239
202603 2,023.726 330.213 2,046.641
202606 2,002.100 333.952 2,002.100

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.

Is Citigroup (MEX:C) Overvalued in 2026?

Based on GuruFocus' analysis, Citigroup stock appears to be overvalued. The current stock price of MXN2,315.00 is trading 48.5% above its estimated GF Value™ of MXN1,559.12. GuruFocus considers Citigroup to be Significantly Overvalued.

Key valuation signals for MEX:C:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN1,559.12 vs. price of MXN2,315.00 (48.5% above fair value)
  • GF Score™: 52/100 with 6 warning signs

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


Citigroup Business Description

Address 388 Greenwich Street, New York, NY, USA, 10013
Citigroup is a global financial powerhouse that orchestrates the movement of $5 trillion in daily transaction volume, serving as the essential connective tissue for the world's most complex multinational corporations. The firm remains a leader on the global stage, servicing 90% of the Fortune 500 through a proprietary network that includes direct membership to over 270 cash-clearing centers and a footprint that spans 94 countries. After a checkered history operating as an overly complex, disjointed firm, steps have been taken to streamline operations, resulting in organization across five segments: services, markets, banking, wealth, and US personal banking.
52GF Score

Get the complete analysis for MEX:C

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

MXN2,315.00
Price
MXN1,559.12
GF Value