FMC (MEX:FMC1) Cyclically Adjusted PB Ratio: 0.32 (As of Aug. 03, 2026) — 94% Below Median

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MEX:FMC1 FMC Corp MEX:FMC1
31 GF Score
Price MXN190.50
GF Value MXN719.94
Valuation Possible Value Trap
! 7 Warning Signs
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What is FMC Cyclically Adjusted PB Ratio?

FMC MEX:FMC1 31 Cyclically Adjusted PB Ratio is 0.32 as of Aug. 03, 2026, which is 94% below its 10-year median of 5.56. GuruFocus rates MEX:FMC1 with a GF Score™ of 31/100 and a GF Value™ of MXN719.94 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 197 Agriculture companies, FMC ranks better than 92.39% on this metric.

As of today (2026-08-03), FMC's current share price is MXN190.50. FMC's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN588.77. FMC's Cyclically Adjusted PB Ratio for today is 0.32.

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

MEX:FMC1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 5.56   Max: 7.63
Current: 0.38

During the past years, FMC's highest Cyclically Adjusted PB Ratio was 7.63. The lowest was 0.38. And the median was 5.56.

MEX:FMC1's Cyclically Adjusted PB Ratio is ranked better than
92.39% of 197 companies
in the Agriculture industry
Industry Median: 1.35 vs MEX:FMC1: 0.38

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.

FMC's adjusted book value per share data for the three months ended in Jun. 2026 was MXN228.070. 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 MXN588.77 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


FMC  (MEX:FMC1) 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.


FMC Cyclically Adjusted PB Ratio Related Terms


FMC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for FMC'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.

FMC Cyclically Adjusted PB Ratio Chart

FMC 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 5.85 5.87 2.69 1.86 0.50

FMC 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 1.52 1.20 0.50 0.61 0.41

MEX:FMC1 vs UAN, IPI, VRDR: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, FMC'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.


FMC Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, FMC's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:FMC1
31GF Score
FMC Corp MEX:FMC1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

FMC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=190.50/588.77
=0.32

* 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.

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

For example, FMC'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)
=228.07/333.9520*333.9520
=228.070

Current CPI (Jun. 2026) = 333.9520.

FMC Quarterly Data

Book Value per Share CPI Adj_Book
201609 301.115 241.428 416.513
201612 301.907 241.432 417.602
201703 263.785 243.801 361.326
201706 271.137 244.955 369.646
201709 286.598 246.819 387.774
201712 392.085 246.524 531.135
201803 403.373 249.554 539.792
201806 437.301 251.989 579.539
201809 423.168 252.439 559.810
201812 463.274 251.233 615.808
201903 406.795 254.202 534.418
201906 406.996 256.143 530.630
201909 403.507 256.759 524.819
201912 369.871 256.974 480.668
202003 484.621 258.115 627.008
202006 502.773 257.797 651.296
202009 501.298 260.280 643.190
202012 455.464 260.474 583.947
202103 477.190 264.877 601.632
202106 481.135 271.696 591.382
202109 491.765 274.310 598.687
202112 509.884 278.802 610.744
202203 483.645 287.504 561.781
202206 496.485 296.311 559.555
202209 509.111 296.808 572.824
202212 526.377 296.797 592.272
202303 500.319 301.836 553.554
202306 460.849 305.109 504.415
202309 459.477 307.789 498.534
202312 600.121 306.746 653.347
202403 573.273 312.332 612.956
202406 669.172 314.175 711.296
202409 726.785 315.301 769.777
202412 749.673 315.605 793.254
202503 717.705 319.799 749.468
202506 662.803 322.561 686.209
202509 554.173 324.800 569.788
202512 298.548 324.054 307.667
202603 262.764 330.213 265.739
202606 228.070 333.952 228.070

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 0.32 mean?
FMC (MEX:FMC1) has a Cyclically Adjusted PB Ratio of 0.32 as of Aug. 03, 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 FMC and its competitors. This is 94% below median its historical median of 5.56. Over the past decade, FMC's Cyclically Adjusted PB Ratio has ranged from 0.38 to 7.63. According to the industry distribution chart, FMC ranks #15 out of 197 companies in the Agriculture industry, placing it in the top 7.6%.
Is FMC's Cyclically Adjusted PB Ratio too high?
FMC's current Cyclically Adjusted PB Ratio of 0.32 is 94% below median its 10-year median of 5.56. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 7.63. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.35. FMC's value of 0.32 is 76.3% below this industry median. Based on the distribution chart, FMC ranks #15 out of 197 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, FMC has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FMC's Cyclically Adjusted PB Ratio compare to UAN and IPI?
According to the Agriculture industry distribution chart, FMC ranks #15 out of 197 companies for Cyclically Adjusted PB Ratio. This places FMC in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.35. FMC's value of 0.32 is 76.3% below this benchmark. Historically, FMC's own Cyclically Adjusted PB Ratio has ranged from 0.38 to 7.63 over the past decade. While the company's 10-year median is 5.56 vs. the industry median of 1.35, FMC 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 Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.35, based on 197 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. FMC's current Cyclically Adjusted PB Ratio of 0.32 is 76.3% 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 FMC and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FMC's current Cyclically Adjusted PB Ratio is 0.32, which is 94% below median its own 10-year median of 5.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FMC stock overvalued right now?
Based on GuruFocus' analysis, FMC (MEX:FMC1) is currently considered Possible Value Trap. The stock's GF Value™ is MXN719.94, compared to a current price of MXN190.50 — trading 73.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.32, which is 94% below median its 10-year median of 5.56 and 76.3% below the Agriculture industry median of 1.35. FMC's overall GF Score™ is 31/100 with 7 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 FMC (MEX:FMC1), the current Cyclically Adjusted PB Ratio is 0.32 as of Aug. 03, 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 FMC (MEX:FMC1) Overvalued in 2026?

Based on GuruFocus' analysis, FMC stock appears to be undervalued. The current stock price of MXN190.50 is trading 73.5% below its estimated GF Value™ of MXN719.94. GuruFocus considers FMC to be Possible Value Trap.

Key valuation signals for MEX:FMC1:

  • Cyclically Adjusted PB Ratio: 0.32 (94% below median its 10-year median of 5.56)
  • GF Value™: MXN719.94 vs. price of MXN190.50 (73.5% below fair value)
  • GF Score™: 31/100 with 7 warning signs
  • Industry Position: 76.3% below the Agriculture median (#15 of 197)

No single metric tells the full story. See the MEX:FMC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FMC Business Description

Address 2929 Walnut Street, Philadelphia, PA, USA, 19104
FMC is a pure-play global crop protection company with a fairly balanced product portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop protection companies and focuses on the development of new products, including biologicals, through its research and development pipeline.
31GF Score

Get the complete analysis for MEX:FMC1

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

MXN190.50
Price
MXN719.94
GF Value