Fomento de Construcciones y Contratas (MEX:FCCN) Cyclically Adjusted PB Ratio: 2.24 (As of Aug. 09, 2026) — 60% Above Median

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MEX:FCCN Fomento de Construcciones y Contratas SA MEX:FCCN
69 GF Score
Price MXN259.00
GF Value MXN269.79
! 8 Warning Signs
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What is Fomento de Construcciones y Contratas Cyclically Adjusted PB Ratio?

Fomento de Construcciones y Contratas MEX:FCCN 69 Cyclically Adjusted PB Ratio is 2.24 as of Aug. 09, 2026, which is 60% above its 10-year median of 1.40. GuruFocus rates MEX:FCCN with a GF Score™ of 69/100 and a GF Value™ of MXN269.79. The stock has 8 warning signs investors should review. Among 161 Waste Management companies, Fomento de Construcciones y Contratas ranks worse than 59.63% on this metric.

As of today (2026-08-09), Fomento de Construcciones y Contratas's current share price is MXN259.00. Fomento de Construcciones y Contratas's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN115.79. Fomento de Construcciones y Contratas's Cyclically Adjusted PB Ratio for today is 2.24.

The historical rank and industry rank for Fomento de Construcciones y Contratas's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:FCCN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 1.4   Max: 2.85
Current: 1.95

During the past years, Fomento de Construcciones y Contratas's highest Cyclically Adjusted PB Ratio was 2.85. The lowest was 0.70. And the median was 1.40.

MEX:FCCN's Cyclically Adjusted PB Ratio is ranked worse than
59.63% of 161 companies
in the Waste Management industry
Industry Median: 1.66 vs MEX:FCCN: 1.95

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.

Fomento de Construcciones y Contratas's adjusted book value per share data for the three months ended in Jun. 2026 was MXN145.134. 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 MXN115.79 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fomento de Construcciones y Contratas  (MEX:FCCN) 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.


Fomento de Construcciones y Contratas Cyclically Adjusted PB Ratio Related Terms


Fomento de Construcciones y Contratas Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fomento de Construcciones y Contratas'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.

Fomento de Construcciones y Contratas Cyclically Adjusted PB Ratio Chart

Fomento de Construcciones y Contratas 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 1.73 1.46 2.42 2.00 2.09

Fomento de Construcciones y Contratas Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23 Mar24 Jun24 Sep24 Dec24 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 2.71 2.29 2.09 0.00 2.23

MEX:FCCN vs WM, RSG, WCN: Cyclically Adjusted PB Ratio Comparison

For the Waste Management subindustry, Fomento de Construcciones y Contratas'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.


Fomento de Construcciones y Contratas Cyclically Adjusted PB Ratio vs Waste Management Industry

For the Waste Management industry and Industrials sector, Fomento de Construcciones y Contratas's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fomento de Construcciones y Contratas's Cyclically Adjusted PB Ratio falls into.


MEX:FCCN
69GF Score
Fomento de Construcciones y Contratas SA MEX:FCCN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fomento de Construcciones y Contratas 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.

Fomento de Construcciones y Contratas's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=259.00/115.79
=2.24

* 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.

Fomento de Construcciones y Contratas's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Fomento de Construcciones y Contratas'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)
=145.134/131.3300*131.3300
=145.134

Current CPI (Jun. 2026) = 131.3300.

Fomento de Construcciones y Contratas Quarterly Data

Book Value per Share CPI Adj_Book
201506 19.522 101.138 25.350
201509 21.421 99.559 28.257
201512 19.686 100.268 25.784
201603 48.996 98.638 65.235
201606 55.586 100.333 72.759
201609 43.636 99.737 57.459
201612 45.833 101.842 59.104
201703 44.021 100.896 57.299
201706 45.983 101.848 59.294
201709 51.800 101.524 67.008
201712 53.004 102.975 67.599
201803 41.281 102.122 53.088
201806 48.629 104.165 61.311
201809 93.648 103.818 118.465
201812 99.513 104.193 125.431
201903 102.350 103.488 129.886
201906 97.311 104.612 122.165
201909 101.815 103.905 128.688
201912 104.240 105.015 130.361
202003 130.298 103.469 165.383
202006 126.094 104.254 158.842
202009 132.755 103.521 168.417
202012 135.872 104.456 170.829
202103 151.651 104.857 189.937
202106 149.838 107.102 183.733
202109 160.532 107.669 195.811
202112 164.876 111.298 194.552
202206 159.644 118.044 177.612
202212 160.624 117.650 179.300
202306 155.976 120.278 170.308
202312 188.793 121.300 204.404
202403 0.000 122.762 0.000
202406 206.360 124.409 217.841
202409 0.000 123.121 0.000
202412 131.317 124.753 138.240
202506 124.331 127.251 128.317
202509 170.969 126.840 177.021
202512 155.334 128.400 158.879
202603 0.000 129.860 0.000
202606 145.134 131.330 145.134

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 2.24 mean?
Fomento de Construcciones y Contratas (MEX:FCCN) has a Cyclically Adjusted PB Ratio of 2.24 as of Aug. 09, 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 Fomento de Construcciones y Contratas and its competitors. This is 60% above median its historical median of 1.40. Over the past decade, Fomento de Construcciones y Contratas' Cyclically Adjusted PB Ratio has ranged from 0.70 to 2.85. According to the industry distribution chart, Fomento de Construcciones y Contratas ranks #96 out of 161 companies in the Waste Management industry, placing it in the top 59.6%.
Is Fomento de Construcciones y Contratas' Cyclically Adjusted PB Ratio too high?
Fomento de Construcciones y Contratas' current Cyclically Adjusted PB Ratio of 2.24 is 60% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 2.85. The Waste Management industry median Cyclically Adjusted PB Ratio is 1.66. Fomento de Construcciones y Contratas' value of 2.24 is 34.9% above this industry median. Based on the distribution chart, Fomento de Construcciones y Contratas ranks #96 out of 161 companies in the Waste Management industry, which is below the industry midpoint. Overall, Fomento de Construcciones y Contratas has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Fomento de Construcciones y Contratas' Cyclically Adjusted PB Ratio compare to WM and RSG?
According to the Waste Management industry distribution chart, Fomento de Construcciones y Contratas ranks #96 out of 161 companies for Cyclically Adjusted PB Ratio. This places Fomento de Construcciones y Contratas in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.66. Fomento de Construcciones y Contratas' value of 2.24 is 34.9% above this benchmark. Historically, Fomento de Construcciones y Contratas' own Cyclically Adjusted PB Ratio has ranged from 0.70 to 2.85 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.66, Fomento de Construcciones y Contratas 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 Waste Management company?
The median Cyclically Adjusted PB Ratio among Waste Management companies is 1.66, based on 161 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. Fomento de Construcciones y Contratas's current Cyclically Adjusted PB Ratio of 2.24 is 34.9% 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 Fomento de Construcciones y Contratas and its competitors. For the Waste Management industry, the median Cyclically Adjusted PB Ratio is 1.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fomento de Construcciones y Contratas's current Cyclically Adjusted PB Ratio is 2.24, which is 60% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fomento de Construcciones y Contratas stock overvalued right now?
Fomento de Construcciones y Contratas (MEX:FCCN) has a current Cyclically Adjusted PB Ratio of 2.24. The stock's GF Value™ is MXN269.79, compared to a current price of MXN259.00 — trading 4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.24, which is 60% above median its 10-year median of 1.40 and 34.9% above the Waste Management industry median of 1.66. Fomento de Construcciones y Contratas' overall GF Score™ is 69/100 with 8 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 Fomento de Construcciones y Contratas (MEX:FCCN), the current Cyclically Adjusted PB Ratio is 2.24 as of Aug. 09, 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 Fomento de Construcciones y Contratas (MEX:FCCN) Overvalued in 2026?

Based on GuruFocus' analysis, Fomento de Construcciones y Contratas stock appears to be undervalued. The current stock price of MXN259.00 is trading 4% below its estimated GF Value™ of MXN269.79.

Key valuation signals for MEX:FCCN:

  • Cyclically Adjusted PB Ratio: 2.24 (60% above median its 10-year median of 1.40)
  • GF Value™: MXN269.79 vs. price of MXN259.00 (4% below fair value)
  • GF Score™: 69/100 with 8 warning signs
  • Industry Position: 34.9% above the Waste Management median (#96 of 161)

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


Fomento de Construcciones y Contratas Business Description

Address Federico Salmon, 13, Madrid, ESP, 28016
Fomento de Construcciones y Contratas SA is in the business of environmental services, end to end water management, construction and cement. The company's activities include services related to urban water treatment, waste recovery, end to end water cycle and also infrastructure construction projects, building construction, manufacturing of cement and concrete and operation of quarries and mineral deposits. The firm derives majority of its revenues from environmental services segment. It carries out international operations in European, the US and Latin American markets.
69GF Score

Get the complete analysis for MEX:FCCN

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

MXN259.00
Price
MXN269.79
GF Value