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Grupo MinsaB de CV (MEX:MINSAB) Cyclically Adjusted PB Ratio : 0.95 (As of Sep. 25, 2024)


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What is Grupo MinsaB de CV Cyclically Adjusted PB Ratio?

As of today (2024-09-25), Grupo MinsaB de CV's current share price is MXN8.81. Grupo MinsaB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN9.30. Grupo MinsaB de CV's Cyclically Adjusted PB Ratio for today is 0.95.

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

MEX:MINSAB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 0.97   Max: 1.71
Current: 0.95

During the past years, Grupo MinsaB de CV's highest Cyclically Adjusted PB Ratio was 1.71. The lowest was 0.75. And the median was 0.97.

MEX:MINSAB's Cyclically Adjusted PB Ratio is ranked better than
65.36% of 1169 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs MEX:MINSAB: 0.95

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.

Grupo MinsaB de CV's adjusted book value per share data for the three months ended in Mar. 2024 was MXN6.890. 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 MXN9.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo MinsaB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grupo MinsaB 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.

Grupo MinsaB de CV Cyclically Adjusted PB Ratio Chart

Grupo MinsaB 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 1.54 1.61 0.91 0.84 0.92

Grupo MinsaB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.90 0.93 0.93 0.92 0.95

Competitive Comparison of Grupo MinsaB de CV's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Grupo MinsaB 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 MinsaB de CV's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grupo MinsaB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Grupo MinsaB 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 MinsaB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.81/9.3
=0.95

* 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 MinsaB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Grupo MinsaB de CV's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=6.89/152.9470*152.9470
=6.890

Current CPI (Mar. 2024) = 152.9470.

Grupo MinsaB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.976 96.609 11.044
201409 7.262 97.652 11.374
201412 6.707 99.469 10.313
201503 6.923 99.973 10.591
201506 0.000 99.382 0.000
201509 7.285 100.112 11.130
201512 7.237 101.588 10.896
201603 0.000 102.573 0.000
201606 7.161 101.905 10.748
201609 7.336 103.084 10.885
201612 7.674 105.002 11.178
201703 7.425 108.063 10.509
201706 7.422 108.339 10.478
201709 7.291 109.628 10.172
201712 7.671 112.114 10.465
201803 8.566 113.505 11.543
201806 8.752 113.373 11.807
201809 8.815 115.130 11.710
201812 8.897 117.530 11.578
201903 8.768 118.050 11.360
201906 9.043 117.848 11.736
201909 6.285 118.581 8.106
201912 6.367 120.854 8.058
202003 6.327 121.885 7.939
202006 6.684 121.777 8.395
202009 6.785 123.341 8.414
202012 6.803 124.661 8.347
202103 6.959 127.574 8.343
202106 6.915 128.936 8.203
202109 7.015 130.742 8.206
202112 5.837 133.830 6.671
202203 5.996 137.082 6.690
202206 6.939 139.233 7.622
202209 6.852 142.116 7.374
202212 7.043 144.291 7.465
202303 6.652 146.472 6.946
202306 6.393 146.272 6.685
202309 6.429 148.446 6.624
202312 6.735 151.017 6.821
202403 6.890 152.947 6.890

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.


Grupo MinsaB de CV  (MEX:MINSAB) 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 MinsaB de CV Cyclically Adjusted PB Ratio Related Terms

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Grupo MinsaB de CV Business Description

Traded in Other Exchanges
N/A
Address
Prolongacion Toltecas 4, Colonia Los Reyes Ixtacala,Tlalnepantla, Mexico, DF, MEX, 54090
Grupo Minsa SAB de CV is a Mexico-based company engaged in the production of corn flour. The company distributes corn flour to Mexican government accounts, retailers, markets, distributors, wholesalers, supermarket chains and food services. The company's products include Tortillas, Frituras, Tostadas, Totopos and Mexican delicacies.

Grupo MinsaB de CV Headlines

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