Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver (MEX:FORION20) Cyclically Adjusted PB Ratio: 0.19 (As of Jul. 14, 2026) — 375% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:FORION20 Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Actinver MEX:FORION20
55 GF Score
Price MXN961.25
GF Value MXN1,055.14
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver Cyclically Adjusted PB Ratio?

Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver MEX:FORION20 55 Cyclically Adjusted PB Ratio is 0.19 as of Jul. 14, 2026, which is 375% above its 10-year median of 0.04. GuruFocus rates MEX:FORION20 with a GF Score™ of 55/100 and a GF Value™ of MXN1,055.14 (Fairly Valued). The stock has 6 warning signs investors should review. Among 559 REITs companies, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver ranks better than 92.49% on this metric.

As of today (2026-07-14), Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's current share price is MXN961.25. Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN5,105.84. Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's Cyclically Adjusted PB Ratio for today is 0.19.

The historical rank and industry rank for Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:FORION20' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.22
Current: 0.18

During the past years, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's highest Cyclically Adjusted PB Ratio was 0.22. The lowest was 0.01. And the median was 0.04.

MEX:FORION20's Cyclically Adjusted PB Ratio is ranked better than
92.49% of 559 companies
in the REITs industry
Industry Median: 0.82 vs MEX:FORION20: 0.18

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.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's adjusted book value per share data for the three months ended in Mar. 2026 was MXN10.521. 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 MXN5,105.84 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver  (MEX:FORION20) 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.


Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver Cyclically Adjusted PB Ratio Related Terms


Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver'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.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver Cyclically Adjusted PB Ratio Chart

Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver 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 0.00 0.00 0.03 0.19

Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver 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 0.05 0.19 0.18 0.19 0.19

MEX:FORION20 vs VICI, WPC, BNL: Cyclically Adjusted PB Ratio Comparison

For the REIT - Diversified subindustry, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver'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.


Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver Cyclically Adjusted PB Ratio vs REITs Industry

For the REITs industry and Real Estate sector, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's Cyclically Adjusted PB Ratio falls into.


MEX:FORION20
55GF Score
Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Actinver MEX:FORION20
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver 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.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=961.25/5105.84
=0.19

* 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.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver'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)
=10.521/166.0400*166.0400
=10.521

Current CPI (Mar. 2026) = 166.0400.

Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.039 101.905 27.763
201609 9.717 103.084 15.651
201612 10.144 105.002 16.041
201703 10.187 108.063 15.652
201706 12.773 108.339 19.576
201709 10.334 109.628 15.652
201712 9.715 112.114 14.388
201803 12.386 113.505 18.119
201806 12.507 113.373 18.317
201809 9.564 115.130 13.793
201812 9.114 117.530 12.876
201903 9.144 118.050 12.861
201906 9.133 117.848 12.868
201909 9.133 118.581 12.788
201912 8.642 120.854 11.873
202003 8.680 121.885 11.824
202006 7.613 121.777 10.380
202009 7.592 123.341 10.220
202012 7.253 124.661 9.661
202103 7.245 127.574 9.430
202106 7.137 128.936 9.191
202109 6.849 130.742 8.698
202112 7.390 133.830 9.169
202203 7.485 137.082 9.066
202206 7.536 139.233 8.987
202209 7.531 142.116 8.799
202212 7.424 144.291 8.543
202303 7.382 146.472 8.368
202306 7.406 146.272 8.407
202309 7.457 148.446 8.341
202312 9.091 151.017 9.995
202403 9.195 152.947 9.982
202406 9.172 153.551 9.918
202409 9.154 155.246 9.790
202412 9.910 157.378 10.455
202503 9.989 158.761 10.447
202506 10.377 160.180 10.757
202509 10.385 161.030 10.708
202512 10.932 163.190 11.123
202603 10.521 166.040 10.521

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 0.19 mean?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver (MEX:FORION20) has a Cyclically Adjusted PB Ratio of 0.19 as of Jul. 14, 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 Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver and its competitors. This is 375% above median its historical median of 0.04. Over the past decade, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.22. According to the industry distribution chart, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver ranks #42 out of 559 companies in the REITs industry, placing it in the top 7.5%.
Is Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's Cyclically Adjusted PB Ratio too high?
Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's current Cyclically Adjusted PB Ratio of 0.19 is 375% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.22. The REITs industry median Cyclically Adjusted PB Ratio is 0.82. Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's value of 0.19 is 76.8% below this industry median. Based on the distribution chart, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver ranks #42 out of 559 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver has a GF Score™ of 55/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's Cyclically Adjusted PB Ratio compare to VICI and WPC?
According to the REITs industry distribution chart, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver ranks #42 out of 559 companies for Cyclically Adjusted PB Ratio. This places Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver in the top 8% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 0.82. Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's value of 0.19 is 76.8% below this benchmark. Historically, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.22 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.82, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver 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 a REITs company?
The median Cyclically Adjusted PB Ratio among REITs companies is 0.82, based on 559 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. Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's current Cyclically Adjusted PB Ratio of 0.19 is 76.8% 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 Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver and its competitors. For the REITs industry, the median Cyclically Adjusted PB Ratio is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's current Cyclically Adjusted PB Ratio is 0.19, which is 375% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver stock overvalued right now?
Based on GuruFocus' analysis, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver (MEX:FORION20) is currently considered Fairly Valued. The stock's GF Value™ is MXN1,055.14, compared to a current price of MXN961.25 — trading 8.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.19, which is 375% above median its 10-year median of 0.04 and 76.8% below the REITs industry median of 0.82. Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver's overall GF Score™ is 55/100 with 6 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 Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver (MEX:FORION20), the current Cyclically Adjusted PB Ratio is 0.19 as of Jul. 14, 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 Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver (MEX:FORION20) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver stock appears to be undervalued. The current stock price of MXN961.25 is trading 8.9% below its estimated GF Value™ of MXN1,055.14. GuruFocus considers Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver to be Fairly Valued.

Key valuation signals for MEX:FORION20:

  • Cyclically Adjusted PB Ratio: 0.19 (375% above median its 10-year median of 0.04)
  • GF Value™: MXN1,055.14 vs. price of MXN961.25 (8.9% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 76.8% below the REITs median (#42 of 559)

No single metric tells the full story. See the MEX:FORION20 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Banco Actinver Institucion De Banca Multiple Grupo Financiero Actinver Business Description

Industry Real EstateREITs
Other Exchanges FIBRAHD15:Mexico
Address Avenue Santa Fe No. 428, Tower 1, OF. 202, Mexico, MEX
Banco Actinver SA Institucion De Banca Multiple Grupo Financiero Actinver Formerly FIBRA HD Services SC is a real estate investment trust. The company is engaged in the acquisition of diversified properties.
55GF Score

Get the complete analysis for MEX:FORION20

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

MXN961.25
Price
MXN1,055.14
GF Value