Criteo (MEX:CRTO N) Cyclically Adjusted PB Ratio: 0.97 (As of Aug. 16, 2026) — 53% Below Median

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MEX:CRTO N Criteo SA MEX:CRTO N
55 GF Score
Price MXN290.48
GF Value MXN424.42
! 2 Warning Signs
View Full Analysis

What is Criteo Cyclically Adjusted PB Ratio?

Criteo MEX:CRTO N 55 Cyclically Adjusted PB Ratio is 0.97 as of Aug. 16, 2026, which is 53% below its 10-year median of 2.07. GuruFocus rates MEX:CRTO N with a GF Score™ of 55/100 and a GF Value™ of MXN424.42. The stock has 2 warning signs investors should review. Among 688 Media - Diversified companies, Criteo ranks better than 50.15% on this metric.

As of today (2026-08-16), Criteo's current share price is MXN290.48. Criteo's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN300.33. Criteo's Cyclically Adjusted PB Ratio for today is 0.97.

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

MEX:CRTO N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 2.07   Max: 3.43
Current: 1

During the past years, Criteo's highest Cyclically Adjusted PB Ratio was 3.43. The lowest was 0.87. And the median was 2.07.

MEX:CRTO N's Cyclically Adjusted PB Ratio is ranked better than
50.15% of 688 companies
in the Media - Diversified industry
Industry Median: 1 vs MEX:CRTO N: 1.00

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.

Criteo's adjusted book value per share data for the three months ended in Jun. 2026 was MXN391.562. 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 MXN300.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Criteo  (MEX:CRTO N) 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.


Criteo Cyclically Adjusted PB Ratio Related Terms


Criteo Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Criteo'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.

Criteo Cyclically Adjusted PB Ratio Chart

Criteo 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 3.43 1.93 1.67 2.40 1.15

Criteo 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 1.38 1.29 1.15 0.97 0.97

MEX:CRTO N vs EEX, EVC, QNST: Cyclically Adjusted PB Ratio Comparison

For the Advertising Agencies subindustry, Criteo'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.


Criteo Cyclically Adjusted PB Ratio vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Criteo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:CRTO N
55GF Score
Criteo SA MEX:CRTO N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Criteo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=290.48/300.33
=0.97

* 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.

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

For example, Criteo'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)
=391.562/123.5100*123.5100
=391.562

Current CPI (Jun. 2026) = 123.5100.

Criteo Quarterly Data

Book Value per Share CPI Adj_Book
201609 174.068 100.340 214.263
201612 193.393 100.650 237.317
201703 191.958 101.170 234.345
201706 201.726 101.320 245.906
201709 220.581 101.330 268.864
201712 261.976 101.850 317.689
201803 259.199 102.750 311.569
201806 278.002 103.370 332.166
201809 272.526 103.560 325.026
201812 288.393 103.470 344.249
201903 290.505 103.890 345.368
201906 294.169 104.580 347.416
201909 301.506 104.500 356.354
201912 304.958 104.980 358.786
202003 378.334 104.590 446.773
202006 381.820 104.790 450.029
202009 378.202 104.550 446.788
202012 366.461 104.960 431.227
202103 373.094 105.750 435.753
202106 368.968 106.340 428.543
202109 377.728 106.810 436.787
202112 393.250 107.850 450.351
202203 384.059 110.490 429.316
202206 358.638 112.550 393.562
202209 351.539 112.740 385.121
202212 356.814 114.160 386.038
202303 327.570 116.790 346.418
202306 310.303 117.650 325.759
202309 311.257 118.260 325.075
202312 328.620 118.390 342.832
202403 316.778 119.470 327.490
202406 349.877 120.200 359.512
202409 377.914 119.560 390.399
202412 403.146 119.950 415.111
202503 406.567 120.380 417.138
202506 391.854 121.360 398.796
202509 394.836 120.950 403.193
202512 404.526 120.900 413.259
202603 407.755 122.420 411.386
202606 391.562 123.510 391.562

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 0.97 mean?
Criteo (MEX:CRTO N) has a Cyclically Adjusted PB Ratio of 0.97 as of Aug. 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 Criteo and its competitors. This is 53% below median its historical median of 2.07. Over the past decade, Criteo's Cyclically Adjusted PB Ratio has ranged from 0.87 to 3.43. According to the industry distribution chart, Criteo ranks #343 out of 688 companies in the Media - Diversified industry, placing it in the top 49.9%.
Is Criteo's Cyclically Adjusted PB Ratio too high?
Criteo's current Cyclically Adjusted PB Ratio of 0.97 is 53% below median its 10-year median of 2.07. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 3.43. The Media - Diversified industry median Cyclically Adjusted PB Ratio is 1.00. Criteo's value of 0.97 is 3% below this industry median. Based on the distribution chart, Criteo ranks #343 out of 688 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Criteo has a GF Score™ of 55/100, reflecting its overall financial health beyond just this single metric.
How does Criteo's Cyclically Adjusted PB Ratio compare to EEX and EVC?
According to the Media - Diversified industry distribution chart, Criteo ranks #343 out of 688 companies for Cyclically Adjusted PB Ratio. This puts Criteo in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.00. Criteo's value of 0.97 is 3% below this benchmark. Historically, Criteo's own Cyclically Adjusted PB Ratio has ranged from 0.87 to 3.43 over the past decade. While the company's 10-year median is 2.07 vs. the industry median of 1.00, Criteo 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 Media - Diversified company?
The median Cyclically Adjusted PB Ratio among Media - Diversified companies is 1.00, based on 688 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. Criteo's current Cyclically Adjusted PB Ratio of 0.97 is 3% 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 Criteo and its competitors. For the Media - Diversified industry, the median Cyclically Adjusted PB Ratio is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Criteo's current Cyclically Adjusted PB Ratio is 0.97, which is 53% below median its own 10-year median of 2.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Criteo stock overvalued right now?
Criteo (MEX:CRTO N) has a current Cyclically Adjusted PB Ratio of 0.97. The stock's GF Value™ is MXN424.42, compared to a current price of MXN290.48 — trading 31.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.97, which is 53% below median its 10-year median of 2.07 and 3% below the Media - Diversified industry median of 1.00. Criteo's overall GF Score™ is 55/100 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 Criteo (MEX:CRTO N), the current Cyclically Adjusted PB Ratio is 0.97 as of Aug. 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 Criteo (MEX:CRTO N) Overvalued in 2026?

Based on GuruFocus' analysis, Criteo stock appears to be undervalued. The current stock price of MXN290.48 is trading 31.6% below its estimated GF Value™ of MXN424.42.

Key valuation signals for MEX:CRTO N:

  • Cyclically Adjusted PB Ratio: 0.97 (53% below median its 10-year median of 2.07)
  • GF Value™: MXN424.42 vs. price of MXN290.48 (31.6% below fair value)
  • GF Score™: 55/100 with 2 warning signs
  • Industry Position: 3% below the Media - Diversified median (#343 of 688)

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


Criteo Business Description

Other Exchanges CRTO:USA0I4T:UK
Address 32 Rue Blanche, Paris, FRA, 75009
Criteo SA is an ad-tech company in the digital advertising market. Its technology allows retailer advertisers to launch multichannel and cross-device marketing campaigns in real time. With real-time return on investment analysis of the ads, the firm's clients can adjust their marketing strategies dynamically. It has two reportable segments: Retail Media and Performance Media. Retail Media: This segment encompasses revenue generated from brands, agencies, and retailers for the purchase and sale of retail media digital advertising inventory and audiences, and services. Performance Media: This segment encompasses targeting capabilities and supply and AdTech services. The majority of its revenues is generated from the performance media segment.
55GF Score

Get the complete analysis for MEX:CRTO N

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

MXN290.48
Price
MXN424.42
GF Value