Dnow (MEX:DNOW) Cyclically Adjusted PB Ratio: 1.10 (As of Jul. 18, 2026) — Near Median

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MEX:DNOW Dnow Inc MEX:DNOW
78 GF Score
Price MXN221.70
GF Value MXN246.00
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Dnow Cyclically Adjusted PB Ratio?

Dnow MEX:DNOW 78 Cyclically Adjusted PB Ratio is 1.10 as of Jul. 18, 2026, which is 2% above its 10-year median of 1.08. GuruFocus rates MEX:DNOW with a GF Score™ of 78/100 and a GF Value™ of MXN246.00 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 128 Industrial Distribution companies, Dnow ranks better than 51.56% on this metric.

As of today (2026-07-18), Dnow's current share price is MXN221.70. Dnow's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN201.45. Dnow's Cyclically Adjusted PB Ratio for today is 1.10.

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

MEX:DNOW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.08   Max: 1.47
Current: 1.21

During the past years, Dnow's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.69. And the median was 1.08.

MEX:DNOW's Cyclically Adjusted PB Ratio is ranked better than
51.56% of 128 companies
in the Industrial Distribution industry
Industry Median: 1.29 vs MEX:DNOW: 1.21

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.

Dnow's adjusted book value per share data for the three months ended in Mar. 2026 was MXN211.057. 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 MXN201.45 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dnow  (MEX:DNOW) 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.


Dnow Cyclically Adjusted PB Ratio Related Terms


Dnow Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dnow'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.

Dnow Cyclically Adjusted PB Ratio Chart

Dnow 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 0.00 0.95 0.86 1.07 1.16

Dnow 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 1.43 1.26 1.32 1.16 1.04

MEX:DNOW vs DXPE, GIC, DSGR: Cyclically Adjusted PB Ratio Comparison

For the Industrial Distribution subindustry, Dnow'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.


Dnow Cyclically Adjusted PB Ratio vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Dnow's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:DNOW
78GF Score
Dnow Inc MEX:DNOW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dnow 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=221.70/201.45
=1.10

* 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.

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

For example, Dnow'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)
=211.057/330.2130*330.2130
=211.057

Current CPI (Mar. 2026) = 330.2130.

Dnow Quarterly Data

Book Value per Share CPI Adj_Book
201606 227.482 241.018 311.668
201609 228.124 241.428 312.016
201612 226.936 241.432 310.386
201703 205.484 243.801 278.315
201706 197.337 244.955 266.021
201709 199.824 246.819 267.340
201712 215.429 246.524 288.562
201803 197.251 249.554 261.005
201806 215.546 251.989 282.457
201809 209.961 252.439 274.648
201812 219.843 251.233 288.955
201903 222.157 254.202 288.586
201906 223.170 256.143 287.705
201909 229.904 256.759 295.675
201912 197.566 256.974 253.873
202003 164.746 258.115 210.764
202006 157.637 257.797 201.918
202009 147.637 260.280 187.305
202012 126.460 260.474 160.318
202103 128.295 264.877 159.941
202106 125.314 271.696 152.304
202109 130.002 274.310 156.496
202112 131.925 278.802 156.252
202203 134.217 287.504 154.155
202206 141.015 296.311 157.149
202209 146.179 296.808 162.631
202212 148.734 296.797 165.480
202303 141.475 301.836 154.776
202306 140.408 305.109 151.961
202309 148.094 307.789 158.883
202312 169.330 306.746 182.284
202403 167.231 312.332 176.805
202406 188.275 314.175 197.886
202409 206.891 315.301 216.676
202412 221.875 315.605 232.145
202503 219.875 319.799 227.035
202506 207.279 322.561 212.196
202509 206.480 324.800 209.921
202512 216.020 324.054 220.126
202603 211.057 330.213 211.057

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 1.10 mean?
Dnow (MEX:DNOW) has a Cyclically Adjusted PB Ratio of 1.10 as of Jul. 18, 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 Dnow and its competitors. This is near median its historical median of 1.08. Over the past decade, Dnow's Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.47. According to the industry distribution chart, Dnow ranks #62 out of 128 companies in the Industrial Distribution industry, placing it in the top 48.4%.
Is Dnow's Cyclically Adjusted PB Ratio too high?
Dnow's current Cyclically Adjusted PB Ratio of 1.10 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 1.47. The Industrial Distribution industry median Cyclically Adjusted PB Ratio is 1.29. Dnow's value of 1.10 is 14.7% below this industry median. Based on the distribution chart, Dnow ranks #62 out of 128 companies in the Industrial Distribution industry, which is above the industry midpoint. Overall, Dnow has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Dnow's Cyclically Adjusted PB Ratio compare to DXPE and GIC?
According to the Industrial Distribution industry distribution chart, Dnow ranks #62 out of 128 companies for Cyclically Adjusted PB Ratio. This puts Dnow in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.29. Dnow's value of 1.10 is 14.7% below this benchmark. Historically, Dnow's own Cyclically Adjusted PB Ratio has ranged from 0.69 to 1.47 over the past decade. While the company's 10-year median is 1.08 vs. the industry median of 1.29, Dnow 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 an Industrial Distribution company?
The median Cyclically Adjusted PB Ratio among Industrial Distribution companies is 1.29, based on 128 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. Dnow's current Cyclically Adjusted PB Ratio of 1.10 is 14.7% 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 Dnow and its competitors. For the Industrial Distribution 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. Dnow's current Cyclically Adjusted PB Ratio is 1.10, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dnow stock overvalued right now?
Based on GuruFocus' analysis, Dnow (MEX:DNOW) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN246.00, compared to a current price of MXN221.70 — trading 9.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.10, which is near median its 10-year median of 1.08 and 14.7% below the Industrial Distribution industry median of 1.29. Dnow's overall GF Score™ is 78/100 with 3 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 Dnow (MEX:DNOW), the current Cyclically Adjusted PB Ratio is 1.10 as of Jul. 18, 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 Dnow (MEX:DNOW) Overvalued in 2026?

Based on GuruFocus' analysis, Dnow stock appears to be undervalued. The current stock price of MXN221.70 is trading 9.9% below its estimated GF Value™ of MXN246.00. GuruFocus considers Dnow to be Modestly Undervalued.

Key valuation signals for MEX:DNOW:

  • Cyclically Adjusted PB Ratio: 1.10 (near median its 10-year median of 1.08)
  • GF Value™: MXN246.00 vs. price of MXN221.70 (9.9% below fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 14.7% below the Industrial Distribution median (#62 of 128)

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


Dnow Business Description

Other Exchanges DNOW:USA0K9J:UK11N:Germany
Address 7402 North Eldridge Parkway, Houston, TX, USA, 77041
Dnow Inc is a provider of energy and industrial solutions and a distributor of pipe, valves, and fittings (PVF) and pumps, as well as fabrication, assembly, and testing of process and production equipment. It provides a broad mix of products required to build and maintain essential infrastructure and operating equipment across upstream, midstream, gas utilities, downstream, energy transition, and industrial markets, along with value-added supply chain solutions and technical product expertise supported by digital offerings through its DigitalNOW and MRCGO e-commerce platforms. The company operates mainly under the DNOW and MRC brands and has three reportable segments: the United States, which generates the majority of revenue, Canada, and International.
78GF Score

Get the complete analysis for MEX:DNOW

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

MXN221.70
Price
MXN246.00
GF Value