Methanex (MEX:MEOHN) Cyclically Adjusted PB Ratio: 1.81 (As of Aug. 08, 2026) — 15% Below Median

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Director of Data and Quant Analytics at GuruFocus
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MEX:MEOHN Methanex Corp MEX:MEOHN
72 GF Score
Price MXN722.00
GF Value MXN623.92
! 5 Warning Signs
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What is Methanex Cyclically Adjusted PB Ratio?

Methanex MEX:MEOHN 72 Cyclically Adjusted PB Ratio is 1.81 as of Aug. 08, 2026, which is 15% below its 10-year median of 2.14. GuruFocus rates MEX:MEOHN with a GF Score™ of 72/100 and a GF Value™ of MXN623.92. The stock has 5 warning signs investors should review. Among 1,236 Chemicals companies, Methanex ranks worse than 59.79% on this metric.

As of today (2026-08-08), Methanex's current share price is MXN722.00. Methanex's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN399.74. Methanex's Cyclically Adjusted PB Ratio for today is 1.81.

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

MEX:MEOHN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 2.14   Max: 5.15
Current: 2.05

During the past years, Methanex's highest Cyclically Adjusted PB Ratio was 5.15. The lowest was 0.67. And the median was 2.14.

MEX:MEOHN's Cyclically Adjusted PB Ratio is ranked worse than
59.79% of 1236 companies
in the Chemicals industry
Industry Median: 1.61 vs MEX:MEOHN: 2.05

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.

Methanex's adjusted book value per share data for the three months ended in Jun. 2026 was MXN578.693. 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 MXN399.74 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Methanex  (MEX:MEOHN) 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.


Methanex Cyclically Adjusted PB Ratio Related Terms


Methanex Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Methanex'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.

Methanex Cyclically Adjusted PB Ratio Chart

Methanex 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 2.06 1.84 2.04 2.20 1.57

Methanex 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 1.32 1.60 1.57 2.33 1.81

MEX:MEOHN vs DOW: Cyclically Adjusted PB Ratio Comparison

For the Chemicals subindustry, Methanex'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.


Methanex Cyclically Adjusted PB Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Methanex's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:MEOHN
72GF Score
Methanex Corp MEX:MEOHN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Methanex 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=722.00/399.74
=1.81

* 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.

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

For example, Methanex'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)
=578.693/133.5265*133.5265
=578.693

Current CPI (Jun. 2026) = 133.5265.

Methanex Quarterly Data

Book Value per Share CPI Adj_Book
201609 343.138 101.765 450.235
201612 366.516 101.449 482.408
201703 350.817 102.634 456.413
201706 336.203 103.029 435.723
201709 325.790 103.345 420.937
201712 351.847 103.345 454.604
201803 351.505 105.004 446.985
201806 362.394 105.557 458.418
201809 348.851 105.636 440.956
201812 384.048 105.399 486.538
201903 373.893 106.979 466.676
201906 366.114 107.690 453.949
201909 361.401 107.611 448.434
201912 329.618 107.769 408.398
202003 418.322 107.927 517.543
202006 385.463 108.401 474.805
202009 346.066 108.164 427.211
202012 299.965 108.559 368.953
202103 341.463 110.298 413.376
202106 369.351 111.720 441.445
202109 422.354 112.905 499.495
202112 461.884 113.774 542.072
202203 548.782 117.646 622.862
202206 587.738 120.806 649.626
202209 616.101 120.648 681.867
202212 594.691 120.964 656.452
202303 533.987 122.702 581.094
202306 499.569 124.203 537.069
202309 512.033 125.230 545.953
202312 486.385 125.072 519.262
202403 485.147 126.258 513.078
202406 546.221 127.522 571.942
202409 585.002 127.285 613.689
202412 647.862 127.364 679.210
202503 681.613 129.181 704.542
202506 638.985 129.892 656.864
202509 609.613 130.287 624.770
202512 568.809 130.366 582.598
202603 561.211 132.262 566.575
202606 578.693 133.527 578.693

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 1.81 mean?
Methanex (MEX:MEOHN) has a Cyclically Adjusted PB Ratio of 1.81 as of Aug. 08, 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 Methanex and its competitors. This is 15% below median its historical median of 2.14. Over the past decade, Methanex's Cyclically Adjusted PB Ratio has ranged from 0.67 to 5.15. According to the industry distribution chart, Methanex ranks #739 out of 1236 companies in the Chemicals industry, placing it in the top 59.8%.
Is Methanex's Cyclically Adjusted PB Ratio too high?
Methanex's current Cyclically Adjusted PB Ratio of 1.81 is 15% below median its 10-year median of 2.14. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 5.15. The Chemicals industry median Cyclically Adjusted PB Ratio is 1.61. Methanex's value of 1.81 is 12.4% above this industry median. Based on the distribution chart, Methanex ranks #739 out of 1236 companies in the Chemicals industry, which is below the industry midpoint. Overall, Methanex has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Methanex's Cyclically Adjusted PB Ratio compare to DOW?
According to the Chemicals industry distribution chart, Methanex ranks #739 out of 1236 companies for Cyclically Adjusted PB Ratio. This places Methanex in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.61. Methanex's value of 1.81 is 12.4% above this benchmark. Historically, Methanex's own Cyclically Adjusted PB Ratio has ranged from 0.67 to 5.15 over the past decade. While the company's 10-year median is 2.14 vs. the industry median of 1.61, Methanex 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 Chemicals company?
The median Cyclically Adjusted PB Ratio among Chemicals companies is 1.61, based on 1,236 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. Methanex's current Cyclically Adjusted PB Ratio of 1.81 is 12.4% 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 Methanex and its competitors. For the Chemicals industry, the median Cyclically Adjusted PB Ratio is 1.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Methanex's current Cyclically Adjusted PB Ratio is 1.81, which is 15% below median its own 10-year median of 2.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Methanex stock overvalued right now?
Methanex (MEX:MEOHN) has a current Cyclically Adjusted PB Ratio of 1.81. The stock's GF Value™ is MXN623.92, compared to a current price of MXN722.00 — trading 15.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.81, which is 15% below median its 10-year median of 2.14 and 12.4% above the Chemicals industry median of 1.61. Methanex's overall GF Score™ is 72/100 with 5 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 Methanex (MEX:MEOHN), the current Cyclically Adjusted PB Ratio is 1.81 as of Aug. 08, 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 Methanex (MEX:MEOHN) Overvalued in 2026?

Based on GuruFocus' analysis, Methanex stock appears to be overvalued. The current stock price of MXN722.00 is trading 15.7% above its estimated GF Value™ of MXN623.92.

Key valuation signals for MEX:MEOHN:

  • Cyclically Adjusted PB Ratio: 1.81 (15% below median its 10-year median of 2.14)
  • GF Value™: MXN623.92 vs. price of MXN722.00 (15.7% above fair value)
  • GF Score™: 72/100 with 5 warning signs
  • Industry Position: 12.4% above the Chemicals median (#739 of 1236)

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


Methanex Business Description

Address 200 Burrard Street, 1800 Waterfront Centre, Vancouver, BC, CAN, V6C 3M1
Methanex Corp operates as a producer and supplier of methanol to various international markets in North America, Asia Pacific, Europe and South America. The company's operations consist prominently of the production and sale of methanol, along with the production and sale of ammonia. Geographically, it operates in China, Europe, the United States, South America, South Korea, Other Asia, and Canada. The majority of revenue is derived from Europe.
72GF Score

Get the complete analysis for MEX:MEOHN

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

MXN722.00
Price
MXN623.92
GF Value