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CIBanco Institucion de Banca Multiple (MEX:FCFE18) Cyclically Adjusted PB Ratio : 31.03 (As of Sep. 22, 2024)


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What is CIBanco Institucion de Banca Multiple Cyclically Adjusted PB Ratio?

As of today (2024-09-22), CIBanco Institucion de Banca Multiple's current share price is MXN45.00. CIBanco Institucion de Banca Multiple's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN1.45. CIBanco Institucion de Banca Multiple's Cyclically Adjusted PB Ratio for today is 31.03.

The historical rank and industry rank for CIBanco Institucion de Banca Multiple's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:FCFE18' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 28.55   Med: 31.99   Max: 38.17
Current: 31.05

During the past years, CIBanco Institucion de Banca Multiple's highest Cyclically Adjusted PB Ratio was 38.17. The lowest was 28.55. And the median was 31.99.

MEX:FCFE18's Cyclically Adjusted PB Ratio is ranked worse than
99.76% of 1234 companies
in the Banks industry
Industry Median: 0.98 vs MEX:FCFE18: 31.05

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.

CIBanco Institucion de Banca Multiple's adjusted book value per share data for the three months ended in Mar. 2024 was MXN1.863. 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 MXN1.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CIBanco Institucion de Banca Multiple Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CIBanco Institucion de Banca Multiple'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.

* Premium members only.

CIBanco Institucion de Banca Multiple Cyclically Adjusted PB Ratio Chart

CIBanco Institucion de Banca Multiple Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 32.70

CIBanco Institucion de Banca Multiple Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 36.80 32.70 31.05

Competitive Comparison of CIBanco Institucion de Banca Multiple's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, CIBanco Institucion de Banca Multiple'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.


CIBanco Institucion de Banca Multiple's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CIBanco Institucion de Banca Multiple's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where CIBanco Institucion de Banca Multiple's Cyclically Adjusted PB Ratio falls into.



CIBanco Institucion de Banca Multiple 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.

CIBanco Institucion de Banca Multiple's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.00/1.45
=31.03

* 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.

CIBanco Institucion de Banca Multiple's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CIBanco Institucion de Banca Multiple's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.863/152.9470*152.9470
=1.863

Current CPI (Mar. 2024) = 152.9470.

CIBanco Institucion de Banca Multiple Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.514 96.609 0.814
201409 0.537 97.652 0.841
201412 0.563 99.469 0.866
201503 0.589 99.973 0.901
201506 0.605 99.382 0.931
201509 0.614 100.112 0.938
201512 0.651 101.588 0.980
201603 0.670 102.573 0.999
201606 0.692 101.905 1.039
201609 0.705 103.084 1.046
201612 0.750 105.002 1.092
201703 0.783 108.063 1.108
201706 0.910 108.339 1.285
201709 0.938 109.628 1.309
201712 0.969 112.114 1.322
201803 1.002 113.505 1.350
201806 1.046 113.373 1.411
201809 1.087 115.130 1.444
201812 1.179 117.530 1.534
201903 1.229 118.050 1.592
201906 1.226 117.848 1.591
201909 1.265 118.581 1.632
201912 1.323 120.854 1.674
202003 1.377 121.885 1.728
202006 1.395 121.777 1.752
202009 1.407 123.341 1.745
202012 1.447 124.661 1.775
202103 1.452 127.574 1.741
202106 1.444 128.936 1.713
202109 1.463 130.742 1.711
202112 1.549 133.830 1.770
202203 1.579 137.082 1.762
202206 1.626 139.233 1.786
202209 1.641 142.116 1.766
202212 1.709 144.291 1.812
202303 1.747 146.472 1.824
202306 1.779 146.272 1.860
202309 1.759 148.446 1.812
202312 1.836 151.017 1.859
202403 1.863 152.947 1.863

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.


CIBanco Institucion de Banca Multiple  (MEX:FCFE18) 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.


CIBanco Institucion de Banca Multiple Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of CIBanco Institucion de Banca Multiple's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


CIBanco Institucion de Banca Multiple Business Description

Traded in Other Exchanges
N/A
Address
Paseo De La Reforma 115, Piso 23, Lomas De Chapultepec, Mexico, MEX, 11000
CIBanco SA Institucion de Banca Multiple provides financial products and services. The company's services include investment management, investment services and wealth management.

CIBanco Institucion de Banca Multiple Headlines

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