Grupo GicsaB de CV (MEX:GICSAB) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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MEX:GICSAB Grupo Gicsa SAB de CV MEX:GICSAB
59 GF Score
Price MXN2.47
GF Value MXN2.75
Valuation Modestly Undervalued
! 9 Warning Signs
View Full Analysis

What is Grupo GicsaB de CV Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo GicsaB de CV  (MEX:GICSAB) 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 GicsaB de CV Cyclically Adjusted PB Ratio Related Terms


Grupo GicsaB de CV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grupo GicsaB 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.

Grupo GicsaB de CV Cyclically Adjusted PB Ratio Chart

Grupo GicsaB 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 0.09 0.07 0.08 0.09 0.11

Grupo GicsaB de CV 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 0.11 0.11 0.11 0.11 0.14

Grupo GicsaB de CV Cyclically Adjusted PB Ratio Competitor Comparison

For the Real Estate - Diversified subindustry, Grupo GicsaB 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.


Grupo GicsaB de CV Cyclically Adjusted PB Ratio vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Grupo GicsaB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grupo GicsaB de CV's Cyclically Adjusted PB Ratio falls into.


MEX:GICSAB
59GF Score
Grupo Gicsa SAB de CV MEX:GICSAB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo GicsaB 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.

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

For example, Grupo GicsaB de CV'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)
=25.312/165.5700*165.5700
=25.312

Current CPI (Jun. 2026) = 165.5700.

Grupo GicsaB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201609 17.379 103.084 27.914
201612 17.057 105.002 26.896
201703 17.451 108.063 26.738
201706 17.594 108.339 26.888
201709 17.435 109.628 26.332
201712 17.629 112.114 26.035
201803 17.993 113.505 26.246
201806 19.711 113.373 28.786
201809 15.200 115.130 21.859
201812 17.865 117.530 25.167
201903 18.817 118.050 26.392
201906 19.473 117.848 27.359
201909 19.871 118.581 27.745
201912 20.743 120.854 28.418
202003 19.716 121.885 26.782
202006 19.934 121.777 27.103
202009 20.659 123.341 27.732
202012 20.737 124.661 27.542
202103 20.668 127.574 26.824
202106 20.948 128.936 26.900
202109 20.996 130.742 26.589
202112 20.688 133.830 25.595
202203 20.960 137.082 25.316
202206 20.725 139.233 24.645
202209 20.644 142.116 24.051
202212 20.527 144.291 23.554
202303 21.116 146.472 23.869
202306 21.688 146.272 24.549
202309 21.880 148.446 24.404
202312 21.985 151.017 24.104
202403 22.328 152.947 24.171
202406 22.224 153.551 23.964
202409 22.149 155.246 23.622
202412 22.826 157.378 24.014
202503 23.156 158.761 24.149
202506 23.861 160.180 24.664
202509 24.385 161.030 25.072
202512 24.419 163.190 24.775
202603 24.576 166.040 24.506
202606 25.312 165.570 25.312

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 Grupo GicsaB de CV (MEX:GICSAB) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo GicsaB de CV stock appears to be undervalued. The current stock price of MXN2.47 is trading 10.2% below its estimated GF Value™ of MXN2.75. GuruFocus considers Grupo GicsaB de CV to be Modestly Undervalued.

Key valuation signals for MEX:GICSAB:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN2.75 vs. price of MXN2.47 (10.2% below fair value)
  • GF Score™: 59/100 with 9 warning signs

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


Grupo GicsaB de CV Business Description

Address Paseo de los Tamarindos No. 90 Tower 1, Floor 32 Bosques de las Lomas, Mexico, MEX, CP05120
Grupo Gicsa SAB de CV is a Mexican company which is engaged in the real estate development. The company's business activities include development of real estate and residential projects, acquisition, sale, construction, marketing and leasing of shopping centers, buildings corporate and hospitality services.
59GF Score

Get the complete analysis for MEX:GICSAB

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

MXN2.47
Price
MXN2.75
GF Value