Grupo Financiero Multiva S A B (MEX:GFMULTIO) Cyclically Adjusted PB Ratio: 0.53 (As of Aug. 16, 2026) — 21% Below Median

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MEX:GFMULTIO Grupo Financiero Multiva S A B MEX:GFMULTIO
54 GF Score
Price MXN8.00
GF Value MXN11.26
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Grupo Financiero Multiva S A B Cyclically Adjusted PB Ratio?

Grupo Financiero Multiva S A B MEX:GFMULTIO 54 Cyclically Adjusted PB Ratio is 0.53 as of Aug. 16, 2026, which is 21% below its 10-year median of 0.67. GuruFocus rates MEX:GFMULTIO with a GF Score™ of 54/100 and a GF Value™ of MXN11.26 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 86 Diversified Financial Services companies, Grupo Financiero Multiva S A B ranks better than 75.58% on this metric.

As of today (2026-08-16), Grupo Financiero Multiva S A B's current share price is MXN8.00. Grupo Financiero Multiva S A B's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN15.16. Grupo Financiero Multiva S A B's Cyclically Adjusted PB Ratio for today is 0.53.

The historical rank and industry rank for Grupo Financiero Multiva S A B's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:GFMULTIO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.67   Max: 1.36
Current: 0.53

During the past years, Grupo Financiero Multiva S A B's highest Cyclically Adjusted PB Ratio was 1.36. The lowest was 0.49. And the median was 0.67.

MEX:GFMULTIO's Cyclically Adjusted PB Ratio is ranked better than
75.58% of 86 companies
in the Diversified Financial Services industry
Industry Median: 1.37 vs MEX:GFMULTIO: 0.53

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.

Grupo Financiero Multiva S A B's adjusted book value per share data for the three months ended in Jun. 2026 was MXN16.745. 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 MXN15.16 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo Financiero Multiva S A B  (MEX:GFMULTIO) 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.


Grupo Financiero Multiva S A B Cyclically Adjusted PB Ratio Related Terms


Grupo Financiero Multiva S A B Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grupo Financiero Multiva S A B'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.

Grupo Financiero Multiva S A B Cyclically Adjusted PB Ratio Chart

Grupo Financiero Multiva S A B 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 0.71 0.64 0.57 0.51 0.50

Grupo Financiero Multiva S A B 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 0.50 0.50 0.50 0.49 0.53

MEX:GFMULTIO vs FRHC, VOYA, HTH: Cyclically Adjusted PB Ratio Comparison

For the Financial Conglomerates subindustry, Grupo Financiero Multiva S A B'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.


Grupo Financiero Multiva S A B Cyclically Adjusted PB Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Grupo Financiero Multiva S A B's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grupo Financiero Multiva S A B's Cyclically Adjusted PB Ratio falls into.


MEX:GFMULTIO
54GF Score
Grupo Financiero Multiva S A B MEX:GFMULTIO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo Financiero Multiva S A B 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.

Grupo Financiero Multiva S A B's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.00/15.16
=0.53

* 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.

Grupo Financiero Multiva S A B's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Grupo Financiero Multiva S A B'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)
=16.745/165.5700*165.5700
=16.745

Current CPI (Jun. 2026) = 165.5700.

Grupo Financiero Multiva S A B Quarterly Data

Book Value per Share CPI Adj_Book
201609 12.026 103.084 19.316
201612 12.511 105.002 19.728
201703 12.901 108.063 19.766
201706 13.124 108.339 20.057
201709 13.312 109.628 20.105
201712 13.752 112.114 20.309
201803 13.877 113.505 20.242
201806 14.013 113.373 20.465
201809 9.279 115.130 13.344
201812 9.762 117.530 13.752
201903 9.954 118.050 13.961
201906 10.062 117.848 14.137
201909 10.088 118.581 14.085
201912 10.104 120.854 13.842
202003 10.284 121.885 13.970
202006 10.351 121.777 14.073
202009 10.418 123.341 13.985
202012 10.264 124.661 13.632
202103 10.344 127.574 13.425
202106 10.389 128.936 13.341
202109 10.442 130.742 13.224
202112 10.643 133.830 13.167
202203 10.800 137.082 13.044
202206 11.040 139.233 13.128
202209 11.334 142.116 13.205
202212 11.514 144.291 13.212
202303 11.770 146.472 13.305
202306 11.833 146.272 13.394
202309 12.047 148.446 13.437
202312 12.111 151.017 13.278
202403 12.396 152.947 13.419
202406 12.662 153.551 13.653
202409 13.063 155.246 13.932
202412 13.495 157.378 14.197
202503 13.980 158.761 14.580
202506 14.407 160.180 14.892
202509 14.835 161.030 15.253
202512 15.516 163.190 15.742
202603 15.986 166.040 15.941
202606 16.745 165.570 16.745

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 0.53 mean?
Grupo Financiero Multiva S A B (MEX:GFMULTIO) has a Cyclically Adjusted PB Ratio of 0.53 as of Aug. 16, 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 Grupo Financiero Multiva S A B and its competitors. This is 21% below median its historical median of 0.67. Over the past decade, Grupo Financiero Multiva S A B's Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.36. According to the industry distribution chart, Grupo Financiero Multiva S A B ranks #21 out of 86 companies in the Diversified Financial Services industry, placing it in the top 24.4%.
Is Grupo Financiero Multiva S A B's Cyclically Adjusted PB Ratio too high?
Grupo Financiero Multiva S A B's current Cyclically Adjusted PB Ratio of 0.53 is 21% below median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 1.36. The Diversified Financial Services industry median Cyclically Adjusted PB Ratio is 1.37. Grupo Financiero Multiva S A B's value of 0.53 is 61.3% below this industry median. Based on the distribution chart, Grupo Financiero Multiva S A B ranks #21 out of 86 companies in the Diversified Financial Services industry, which is in the top quartile — a strong position relative to peers. Overall, Grupo Financiero Multiva S A B has a GF Score™ of 54/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grupo Financiero Multiva S A B's Cyclically Adjusted PB Ratio compare to FRHC and VOYA?
According to the Diversified Financial Services industry distribution chart, Grupo Financiero Multiva S A B ranks #21 out of 86 companies for Cyclically Adjusted PB Ratio. This places Grupo Financiero Multiva S A B in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.37. Grupo Financiero Multiva S A B's value of 0.53 is 61.3% below this benchmark. Historically, Grupo Financiero Multiva S A B's own Cyclically Adjusted PB Ratio has ranged from 0.49 to 1.36 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.37, Grupo Financiero Multiva S A B 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 Diversified Financial Services company?
The median Cyclically Adjusted PB Ratio among Diversified Financial Services companies is 1.37, based on 86 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. Grupo Financiero Multiva S A B's current Cyclically Adjusted PB Ratio of 0.53 is 61.3% 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 Grupo Financiero Multiva S A B and its competitors. For the Diversified Financial Services industry, the median Cyclically Adjusted PB Ratio is 1.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Financiero Multiva S A B's current Cyclically Adjusted PB Ratio is 0.53, which is 21% below median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Financiero Multiva S A B stock overvalued right now?
Based on GuruFocus' analysis, Grupo Financiero Multiva S A B (MEX:GFMULTIO) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN11.26, compared to a current price of MXN8.00 — trading 29% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.53, which is 21% below median its 10-year median of 0.67 and 61.3% below the Diversified Financial Services industry median of 1.37. Grupo Financiero Multiva S A B's overall GF Score™ is 54/100 with 2 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 Grupo Financiero Multiva S A B (MEX:GFMULTIO), the current Cyclically Adjusted PB Ratio is 0.53 as of Aug. 16, 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 Grupo Financiero Multiva S A B (MEX:GFMULTIO) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Financiero Multiva S A B stock appears to be undervalued. The current stock price of MXN8.00 is trading 29% below its estimated GF Value™ of MXN11.26. GuruFocus considers Grupo Financiero Multiva S A B to be Modestly Undervalued.

Key valuation signals for MEX:GFMULTIO:

  • Cyclically Adjusted PB Ratio: 0.53 (21% below median its 10-year median of 0.67)
  • GF Value™: MXN11.26 vs. price of MXN8.00 (29% below fair value)
  • GF Score™: 54/100 with 2 warning signs
  • Industry Position: 61.3% below the Diversified Financial Services median (#21 of 86)

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


Grupo Financiero Multiva S A B Business Description

Address Cerrada Tecamachalco 45, Col. Reforma Social, Mexico, DF, MEX, 11650
Grupo Financiero Multiva S A B is a Mexican holding company active in the financial sectors. The company owns subsidiaries that include multiple banking institutions, brokerage house and entity engaged in the provision of administrative services.
54GF Score

Get the complete analysis for MEX:GFMULTIO

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

MXN8.00
Price
MXN11.26
GF Value