CDW (MEX:CDW) Cyclically Adjusted PB Ratio: 7.36 (As of Jul. 14, 2026) — 67% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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MEX:CDW CDW Corp MEX:CDW
58 GF Score
Price MXN2,410.00
GF Value MXN5,637.41
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is CDW Cyclically Adjusted PB Ratio?

CDW MEX:CDW 58 Cyclically Adjusted PB Ratio is 7.36 as of Jul. 14, 2026, which is 67% below its 10-year median of 22.55. GuruFocus rates MEX:CDW with a GF Score™ of 58/100 and a GF Value™ of MXN5,637.41 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,598 Software companies, CDW ranks worse than 92.99% on this metric.

As of today (2026-07-14), CDW's current share price is MXN2410.00. CDW's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN327.58. CDW's Cyclically Adjusted PB Ratio for today is 7.36.

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

MEX:CDW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.89   Med: 22.55   Max: 33.45
Current: 12.38

During the past years, CDW's highest Cyclically Adjusted PB Ratio was 33.45. The lowest was 4.89. And the median was 22.55.

MEX:CDW's Cyclically Adjusted PB Ratio is ranked worse than
92.99% of 1598 companies
in the Software industry
Industry Median: 2.325 vs MEX:CDW: 12.38

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.

CDW's adjusted book value per share data for the three months ended in Mar. 2026 was MXN360.079. 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 MXN327.58 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


CDW  (MEX:CDW) 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.


CDW Cyclically Adjusted PB Ratio Related Terms


CDW Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CDW'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.

CDW Cyclically Adjusted PB Ratio Chart

CDW 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 31.33 24.37 26.60 17.71 12.20

CDW 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 15.70 16.90 14.60 12.20 10.38

MEX:CDW vs BR, CTSH, FIS: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, CDW'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.


CDW Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, CDW's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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

CDW 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2410.00/327.58
=7.36

* 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.

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

For example, CDW'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)
=360.079/330.2130*330.2130
=360.079

Current CPI (Mar. 2026) = 330.2130.

CDW Quarterly Data

Book Value per Share CPI Adj_Book
201606 114.836 241.018 157.334
201609 119.326 241.428 163.208
201612 134.467 241.432 183.914
201703 108.124 243.801 146.447
201706 98.640 244.955 132.972
201709 95.698 246.819 128.032
201712 126.514 246.524 169.462
201803 119.232 249.554 157.769
201806 138.636 251.989 181.672
201809 143.876 252.439 188.203
201812 129.642 251.233 170.397
201903 122.951 254.202 159.716
201906 124.010 256.143 159.871
201909 128.289 256.759 164.990
201912 126.652 256.974 162.749
202003 146.604 258.115 187.554
202006 170.866 257.797 218.863
202009 191.595 260.280 243.073
202012 181.832 260.474 230.515
202103 170.385 264.877 212.413
202106 150.957 271.696 183.470
202109 126.361 274.310 152.113
202112 107.394 278.802 127.197
202203 131.625 287.504 151.178
202206 164.605 296.311 183.438
202209 197.136 296.808 219.323
202212 230.686 296.797 256.659
202303 209.477 301.836 229.171
202306 206.392 305.109 223.374
202309 235.285 307.789 252.427
202312 258.538 306.746 278.317
202403 264.095 312.332 279.214
202406 298.236 314.175 313.460
202409 347.285 315.301 363.710
202412 370.039 315.605 387.167
202503 360.869 319.799 372.620
202506 354.351 322.561 362.757
202509 357.550 324.800 363.509
202512 362.633 324.054 369.525
202603 360.079 330.213 360.079

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 7.36 mean?
CDW (MEX:CDW) has a Cyclically Adjusted PB Ratio of 7.36 as of Jul. 14, 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 CDW and its competitors. This is 67% below median its historical median of 22.55. Over the past decade, CDW's Cyclically Adjusted PB Ratio has ranged from 4.89 to 33.45. According to the industry distribution chart, CDW ranks #1486 out of 1598 companies in the Software industry, placing it in the top 93%.
Is CDW's Cyclically Adjusted PB Ratio too high?
CDW's current Cyclically Adjusted PB Ratio of 7.36 is 67% below median its 10-year median of 22.55. Over the past 10 years, this metric has ranged from a low of 4.89 to a high of 33.45. The Software industry median Cyclically Adjusted PB Ratio is 2.33. CDW's value of 7.36 is 216.6% above this industry median. Based on the distribution chart, CDW ranks #1486 out of 1598 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, CDW has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CDW's Cyclically Adjusted PB Ratio compare to BR and CTSH?
According to the Software industry distribution chart, CDW ranks #1486 out of 1598 companies for Cyclically Adjusted PB Ratio. This places CDW in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.33. CDW's value of 7.36 is 216.6% above this benchmark. Historically, CDW's own Cyclically Adjusted PB Ratio has ranged from 4.89 to 33.45 over the past decade. While the company's 10-year median is 22.55 vs. the industry median of 2.33, CDW 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.33, based on 1,598 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. CDW's current Cyclically Adjusted PB Ratio of 7.36 is 216.6% 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 CDW and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDW's current Cyclically Adjusted PB Ratio is 7.36, which is 67% below median its own 10-year median of 22.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDW stock overvalued right now?
Based on GuruFocus' analysis, CDW (MEX:CDW) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN5,637.41, compared to a current price of MXN2,410.00 — trading 57.2% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.36, which is 67% below median its 10-year median of 22.55 and 216.6% above the Software industry median of 2.33. CDW's overall GF Score™ is 58/100 with 2 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 CDW (MEX:CDW), the current Cyclically Adjusted PB Ratio is 7.36 as of Jul. 14, 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 CDW (MEX:CDW) Overvalued in 2026?

Based on GuruFocus' analysis, CDW stock appears to be undervalued. The current stock price of MXN2,410.00 is trading 57.2% below its estimated GF Value™ of MXN5,637.41. GuruFocus considers CDW to be Significantly Undervalued.

Key valuation signals for MEX:CDW:

  • Cyclically Adjusted PB Ratio: 7.36 (67% below median its 10-year median of 22.55)
  • GF Value™: MXN5,637.41 vs. price of MXN2,410.00 (57.2% below fair value)
  • GF Score™: 58/100 with 2 warning signs
  • Industry Position: 216.6% above the Software median (#1486 of 1598)

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


CDW Business Description

Address 200 North Milwaukee Avenue, Vernon Hills, IL, USA, 60061
CDW Corp is a multi-brand provider of information technology (IT) solutions to businesses, government, education, and healthcare customers in the United States, the United Kingdom, and Canada. The company's offerings range from hardware and software products to integrated IT solutions and services, including on-premise and cloud capabilities across hybrid infrastructure, digital experience, and security. Its reportable segments are Corporate, Small Business, Public, and Other. The Corporate and Small Business segments serve US private sector business customers, while the Public segment consists of government agencies and education and healthcare institutions in the US. The Corporate segment generates the majority of its revenue in the United States.
58GF Score

Get the complete analysis for MEX:CDW

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

MXN2,410.00
Price
MXN5,637.41
GF Value