GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Invex Controladora SAB de CV (MEX:INVEXA) » Definitions » Cyclically Adjusted PB Ratio

Invex ControladoraB de CV (MEX:INVEXA) Cyclically Adjusted PB Ratio : 1.27 (As of Sep. 27, 2024)


View and export this data going back to 2004. Start your Free Trial

What is Invex ControladoraB de CV Cyclically Adjusted PB Ratio?

As of today (2024-09-27), Invex ControladoraB de CV's current share price is MXN82.00. Invex ControladoraB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was MXN64.65. Invex ControladoraB de CV's Cyclically Adjusted PB Ratio for today is 1.27.

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

MEX:INVEXA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.23   Med: 1.55   Max: 2.19
Current: 1.27

During the past years, Invex ControladoraB de CV's highest Cyclically Adjusted PB Ratio was 2.19. The lowest was 1.23. And the median was 1.55.

MEX:INVEXA's Cyclically Adjusted PB Ratio is ranked worse than
53.47% of 447 companies
in the Capital Markets industry
Industry Median: 1.19 vs MEX:INVEXA: 1.27

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.

Invex ControladoraB de CV's adjusted book value per share data for the three months ended in Jun. 2024 was MXN84.578. 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 MXN64.65 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Invex ControladoraB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Invex ControladoraB 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.

* Premium members only.

Invex ControladoraB de CV Cyclically Adjusted PB Ratio Chart

Invex ControladoraB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 1.62 1.51 1.35 1.33

Invex ControladoraB de CV Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.32 1.31 1.33 1.29 1.27

Competitive Comparison of Invex ControladoraB de CV's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Invex ControladoraB 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.


Invex ControladoraB de CV's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Invex ControladoraB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Invex ControladoraB 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.

Invex ControladoraB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=82.00/64.65
=1.27

* 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.

Invex ControladoraB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Invex ControladoraB de CV's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=84.578/153.5505*153.5505
=84.578

Current CPI (Jun. 2024) = 153.5505.

Invex ControladoraB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201409 28.304 97.652 44.506
201412 28.609 99.469 44.164
201503 29.251 99.973 44.927
201506 29.908 99.382 46.209
201509 30.369 100.112 46.580
201512 30.865 101.588 46.652
201603 31.655 102.573 47.387
201606 31.940 101.905 48.127
201609 33.053 103.084 49.235
201612 34.405 105.002 50.312
201703 35.828 108.063 50.909
201706 36.196 108.339 51.301
201709 37.038 109.628 51.878
201712 40.704 112.114 55.748
201803 45.335 113.505 61.330
201806 46.497 113.373 62.975
201809 47.506 115.130 63.359
201812 48.117 117.530 62.864
201903 49.228 118.050 64.032
201906 49.961 117.848 65.097
201909 50.967 118.581 65.997
201912 52.519 120.854 66.728
202003 62.393 121.885 78.602
202006 61.496 121.777 77.541
202009 62.493 123.341 77.799
202012 55.664 124.661 68.564
202103 64.709 127.574 77.885
202106 65.093 128.936 77.520
202109 67.596 130.742 79.389
202112 63.837 133.830 73.244
202203 64.089 137.082 71.788
202206 65.770 139.233 72.533
202209 74.183 142.116 80.152
202212 69.735 144.291 74.210
202303 76.439 146.472 80.133
202306 76.709 146.272 80.526
202309 79.598 148.446 82.335
202312 75.155 151.017 76.416
202403 82.183 152.947 82.507
202406 84.578 153.551 84.578

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.


Invex ControladoraB de CV  (MEX:INVEXA) 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.


Invex ControladoraB de CV Cyclically Adjusted PB Ratio Related Terms

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


Invex ControladoraB de CV Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Manual Avila Camacho 40, Piso 7,Colonia Lomas de Chapultepec, Mexico, DF, MEX, 11000
Invex Controladora SAB de CV is a holding company that operates in the financial sectors. The company through its subsidiaries, provides banking, brokerage and consumer credit services.

Invex ControladoraB de CV Headlines

No Headlines