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IDEX (MEX:IEX) Cyclically Adjusted PB Ratio : 5.76 (As of Apr. 29, 2025)


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What is IDEX Cyclically Adjusted PB Ratio?

As of today (2025-04-29), IDEX's current share price is MXN3960.00. IDEX's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was MXN687.97. IDEX's Cyclically Adjusted PB Ratio for today is 5.76.

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

MEX:IEX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4   Med: 6.73   Max: 9.19
Current: 4.79

During the past years, IDEX's highest Cyclically Adjusted PB Ratio was 9.19. The lowest was 4.00. And the median was 6.73.

MEX:IEX's Cyclically Adjusted PB Ratio is ranked worse than
83.4% of 2048 companies
in the Industrial Products industry
Industry Median: 1.795 vs MEX:IEX: 4.79

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.

IDEX's adjusted book value per share data for the three months ended in Dec. 2024 was MXN1,042.703. 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 MXN687.97 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


IDEX Cyclically Adjusted PB Ratio Historical Data

The historical data trend for IDEX'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.

* Premium members only.

IDEX Cyclically Adjusted PB Ratio Chart

IDEX Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.35 8.78 7.59 6.56 5.76

IDEX Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 6.56 7.13 5.75 6.01 5.76

Competitive Comparison of IDEX's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, IDEX'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.


IDEX's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, IDEX's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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IDEX 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3960.00/687.97
=5.76

* 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.

IDEX's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, IDEX's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=1042.703/133.1571*133.1571
=1,042.703

Current CPI (Dec. 2024) = 133.1571.

IDEX Quarterly Data

Book Value per Share CPI Adj_Book
201503 282.609 99.621 377.745
201506 293.747 100.684 388.488
201509 314.234 100.392 416.793
201512 324.262 99.792 432.676
201603 337.584 100.470 447.412
201606 363.295 101.688 475.722
201609 394.020 101.861 515.080
201612 416.406 101.863 544.335
201703 403.691 102.862 522.586
201706 407.299 103.349 524.772
201709 428.567 104.136 548.004
201712 483.098 104.011 618.472
201803 476.594 105.290 602.737
201806 508.678 106.317 637.097
201809 501.523 106.507 627.015
201812 515.645 105.998 647.766
201903 526.636 107.251 653.846
201906 534.914 108.070 659.091
201909 561.608 108.329 690.321
201912 560.989 108.420 688.984
202003 694.205 108.902 848.825
202006 691.526 108.767 846.593
202009 699.732 109.815 848.467
202012 665.205 109.897 806.000
202103 701.607 111.754 835.976
202106 699.105 114.631 812.088
202109 736.217 115.734 847.048
202112 754.679 117.630 854.300
202203 758.522 121.301 832.661
202206 741.285 125.017 789.553
202209 746.456 125.227 793.729
202212 783.641 125.222 833.300
202303 769.070 127.348 804.153
202306 742.474 128.729 768.016
202309 780.159 129.860 799.970
202312 793.786 129.419 816.711
202403 791.176 131.776 799.467
202406 881.923 132.554 885.937
202409 993.137 133.029 994.094
202412 1,042.703 133.157 1,042.703

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.


IDEX  (MEX:IEX) 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.


IDEX Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of IDEX's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


IDEX Business Description

Industry
Traded in Other Exchanges
Address
3100 Sanders Road, Suite 301, Northbrook, IL, USA, 60062
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $3.3 billion in revenue in 2024.