Moodys (MEX:MCO) Cyclically Adjusted PB Ratio: 35.15 (As of Sep. 16, 2026) — 60% Below Median

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MEX:MCO Moodys Corp MEX:MCO
89 GF Score
Price MXN8,035.00
GF Value MXN9,510.96
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Moodys Cyclically Adjusted PB Ratio?

Moodys MEX:MCO -3.60% 89 Cyclically Adjusted PB Ratio is 35.15 as of Sep. 16, 2026, which is 60% below its 10-year median of 87.38. GuruFocus rates MEX:MCO with a GF Score™ of 89/100 and a GF Value™ of MXN9,510.96 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 435 Capital Markets companies, Moodys ranks worse than 99.31% on this metric.

As of today (2026-09-16), Moodys's current share price is MXN8035.00. Moodys's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN228.62. Moodys's Cyclically Adjusted PB Ratio for today is 35.15.

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

MEX:MCO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 42.4   Med: 87.38   Max: 2267.15
Current: 44.21

During the past years, Moodys's highest Cyclically Adjusted PB Ratio was 2267.15. The lowest was 42.40. And the median was 87.38.

MEX:MCO's Cyclically Adjusted PB Ratio is ranked worse than
99.31% of 435 companies
in the Capital Markets industry
Industry Median: 1.42 vs MEX:MCO: 44.21

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.

Moodys's adjusted book value per share data for the three months ended in Jun. 2026 was MXN319.446. 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 MXN228.62 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moodys  (MEX:MCO) 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.


Moodys Cyclically Adjusted PB Ratio Related Terms


Moodys Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Moodys'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.

Moodys Cyclically Adjusted PB Ratio Chart

Moodys 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 140.46 65.39 55.46 57.09 41.88

Moodys 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 49.76 45.67 44.30 36.20 34.48

MEX:MCO vs ICE, CME, NDAQ: Cyclically Adjusted PB Ratio Comparison

For the Financial Data & Stock Exchanges subindustry, Moodys'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.


Moodys Cyclically Adjusted PB Ratio vs Capital Markets Industry

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

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


MEX:MCO
89GF Score
Moodys Corp MEX:MCO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Moodys 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8035.00/228.623
=35.15

* 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.

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

For example, Moodys'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)
=319.446/333.9520*333.9520
=319.446

Current CPI (Jun. 2026) = 333.9520.

Moodys Quarterly Data

Book Value per Share CPI Adj_Book
201609 -36.233 241.428 -50.119
201612 -110.984 241.432 -153.515
201703 -71.297 243.801 -97.661
201706 -44.293 244.955 -60.386
201709 -14.901 246.819 -20.161
201712 -11.772 246.524 -15.947
201803 39.946 249.554 53.456
201806 47.129 251.989 62.458
201809 59.150 252.439 78.250
201812 67.583 251.233 89.835
201903 33.249 254.202 43.680
201906 58.368 256.143 76.099
201909 73.547 256.759 95.658
201912 84.214 256.974 109.441
202003 100.710 258.115 130.300
202006 152.286 257.797 197.272
202009 198.970 260.280 255.288
202012 187.760 260.474 240.726
202103 243.232 264.877 306.662
202106 254.524 271.696 312.845
202109 289.436 274.310 352.367
202112 321.461 278.802 385.049
202203 279.021 287.504 324.099
202206 272.496 296.311 307.112
202209 266.765 296.808 300.149
202212 286.033 296.797 321.840
202303 300.904 301.836 332.921
202306 309.622 305.109 338.892
202309 318.309 307.789 345.366
202312 322.595 306.746 351.207
202403 339.973 312.332 363.506
202406 395.467 314.175 420.361
202409 439.997 315.301 466.024
202412 429.787 315.605 454.772
202503 438.640 319.799 458.052
202506 432.699 322.561 447.979
202509 422.563 324.800 434.470
202512 425.834 324.054 438.841
202603 324.626 330.213 328.302
202606 319.446 333.952 319.446

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 35.15 mean?
Moodys (MEX:MCO) has a Cyclically Adjusted PB Ratio of 35.15 as of Sep. 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 Moodys and its competitors. This is 60% below median its historical median of 87.38. Over the past decade, Moodys' Cyclically Adjusted PB Ratio has ranged from 42.40 to 2,267.15. According to the industry distribution chart, Moodys ranks #432 out of 435 companies in the Capital Markets industry, placing it in the top 99.3%.
Is Moodys' Cyclically Adjusted PB Ratio too high?
Moodys' current Cyclically Adjusted PB Ratio of 35.15 is 60% below median its 10-year median of 87.38. Over the past 10 years, this metric has ranged from a low of 42.40 to a high of 2,267.15. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.42. Moodys' value of 35.15 is 2375.4% above this industry median. Based on the distribution chart, Moodys ranks #432 out of 435 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Moodys has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Moodys' Cyclically Adjusted PB Ratio compare to ICE and CME?
According to the Capital Markets industry distribution chart, Moodys ranks #432 out of 435 companies for Cyclically Adjusted PB Ratio. This places Moodys in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.42. Moodys' value of 35.15 is 2375.4% above this benchmark. Historically, Moodys' own Cyclically Adjusted PB Ratio has ranged from 42.40 to 2,267.15 over the past decade. While the company's 10-year median is 87.38 vs. the industry median of 1.42, Moodys has consistently been above 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 Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.42, based on 435 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. Moodys's current Cyclically Adjusted PB Ratio of 35.15 is 2375.4% above 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 Moodys and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moodys's current Cyclically Adjusted PB Ratio is 35.15, which is 60% below median its own 10-year median of 87.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moodys stock overvalued right now?
Based on GuruFocus' analysis, Moodys (MEX:MCO) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN9,510.96, compared to a current price of MXN8,035.00 — trading 15.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 35.15, which is 60% below median its 10-year median of 87.38 and 2375.4% above the Capital Markets industry median of 1.42. Moodys' overall GF Score™ is 89/100 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 Moodys (MEX:MCO), the current Cyclically Adjusted PB Ratio is 35.15 as of Sep. 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 Moodys (MEX:MCO) Overvalued in 2026?

Based on GuruFocus' analysis, Moodys stock appears to be undervalued. The current stock price of MXN8,035.00 is trading 15.5% below its estimated GF Value™ of MXN9,510.96. GuruFocus considers Moodys to be Modestly Undervalued.

Key valuation signals for MEX:MCO:

  • Cyclically Adjusted PB Ratio: 35.15 (60% below median its 10-year median of 87.38)
  • GF Value™: MXN9,510.96 vs. price of MXN8,035.00 (15.5% below fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 2375.4% above the Capital Markets median (#432 of 435)

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


Moodys Business Description

Address 7 World Trade Center at 250 Greenwich Street, New York, NY, USA, 10007
Moody's, along with S&P Ratings, is a leading provider of credit ratings on fixed-income securities. The ratings segment, Moody's Investors Service, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm's profit and often (depending on bond issuance levels) a majority of the firm's revenue. The other segment, Moody's Analytics, consists of decision solutions, research and insights, and data and information.
89GF Score

Get the complete analysis for MEX:MCO

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

MXN8,035.00
Price
MXN9,510.96
GF Value