Fomento Economico MexicanoB de CV (MEX:FEMSAUB) Cyclically Adjusted PB Ratio: (As of Jul. 24, 2026)

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MEX:FEMSAUB Fomento Economico Mexicano SAB de CV MEX:FEMSAUB
90 GF Score
Price MXN174.00
GF Value MXN210.92
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Fomento Economico MexicanoB de CV Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fomento Economico MexicanoB de CV  (MEX:FEMSAUB) 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 Economico MexicanoB de CV Cyclically Adjusted PB Ratio Related Terms


Fomento Economico MexicanoB de CV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Fomento Economico MexicanoB de CV'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 Economico MexicanoB de CV Cyclically Adjusted PB Ratio Chart

Fomento Economico MexicanoB de CV 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 2.23 2.00 2.72 2.07 2.05

Fomento Economico MexicanoB de CV 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 2.29 2.20 2.05 2.05 2.21

MEX:FEMSAUB vs BUD, STZ, TAP: Cyclically Adjusted PB Ratio Comparison

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB de CV'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 Economico MexicanoB de CV Cyclically Adjusted PB Ratio vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio falls into.


MEX:FEMSAUB
90GF Score
Fomento Economico Mexicano SAB de CV MEX:FEMSAUB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Fomento Economico MexicanoB de CV 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 Economico MexicanoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Fomento Economico MexicanoB de CV'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)
=58.669/166.0400*166.0400
=58.669

Current CPI (Mar. 2026) = 166.0400.

Fomento Economico MexicanoB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201606 55.122 101.905 89.814
201609 57.995 103.084 93.414
201612 59.220 105.002 93.645
201703 56.226 108.063 86.392
201706 56.066 108.339 85.927
201709 66.774 109.628 101.135
201712 69.948 112.114 103.593
201803 63.128 113.505 92.347
201806 66.539 113.373 97.450
201809 66.035 115.130 95.235
201812 71.838 117.530 101.489
201903 67.953 118.050 95.578
201906 70.771 117.848 99.712
201909 72.230 118.581 101.138
201912 70.423 120.854 96.753
202003 76.594 121.885 104.341
202006 69.799 121.777 95.169
202009 68.633 123.341 92.393
202012 66.442 124.661 88.496
202103 64.384 127.574 83.797
202106 66.034 128.936 85.037
202109 71.466 130.742 90.761
202112 73.389 133.830 91.052
202203 73.242 137.082 88.714
202206 69.399 139.233 82.761
202209 72.092 142.116 84.228
202212 73.389 144.291 84.451
202303 79.912 146.472 90.588
202306 80.071 146.272 90.892
202309 84.037 148.446 93.997
202312 84.919 151.017 93.367
202403 76.259 152.947 82.787
202406 81.256 153.551 87.865
202409 84.609 155.246 90.492
202412 83.142 157.378 87.718
202503 86.117 158.761 90.066
202506 67.469 160.180 69.937
202509 68.137 161.030 70.257
202512 68.465 163.190 69.661
202603 58.669 166.040 58.669

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.

Is Fomento Economico MexicanoB de CV (MEX:FEMSAUB) Overvalued in 2026?

Based on GuruFocus' analysis, Fomento Economico MexicanoB de CV stock appears to be undervalued. The current stock price of MXN174.00 is trading 17.5% below its estimated GF Value™ of MXN210.92. GuruFocus considers Fomento Economico MexicanoB de CV to be Modestly Undervalued.

Key valuation signals for MEX:FEMSAUB:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN210.92 vs. price of MXN174.00 (17.5% below fair value)
  • GF Score™: 90/100 with 7 warning signs

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


Fomento Economico MexicanoB de CV Business Description

Address General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm divested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up over 70% of total company revenue and over 90% of profits in 2025.
90GF Score

Get the complete analysis for MEX:FEMSAUB

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

MXN174.00
Price
MXN210.92
GF Value