MonexB de SV (MEX:MONEXB) Cyclically Adjusted PB Ratio: 1.29 (As of Jul. 12, 2026)


MEX:MONEXB Monex SAB de SV MEX:MONEXB
8 GF Score
Price MXN20.00
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What is MonexB de SV Cyclically Adjusted PB Ratio?

MonexB de SV MEX:MONEXB 8 Cyclically Adjusted PB Ratio is 1.29 as of Jul. 12, 2026. GuruFocus rates MEX:MONEXB with a GF Score™ of 8/100.

As of today (2026-07-12), MonexB de SV's current share price is MXN20.00. MonexB de SV's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was MXN15.53. MonexB de SV's Cyclically Adjusted PB Ratio for today is 1.29.

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

MEX:MONEXB's Cyclically Adjusted PB Ratio is not ranked *
in the Capital Markets industry.
Industry Median: 1.35
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

MonexB de SV's adjusted book value per share data for the three months ended in Sep. 2023 was MXN24.236. 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 MXN15.53 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


MonexB de SV  (MEX:MONEXB) 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.


MonexB de SV Cyclically Adjusted PB Ratio Related Terms


MonexB de SV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for MonexB de SV'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.

MonexB de SV Cyclically Adjusted PB Ratio Chart

MonexB de SV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.89 0.82 0.70 1.48

MonexB de SV Quarterly Data
Jun18 Sep18 Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.41 1.48 1.37 1.34 1.29

MEX:MONEXB vs MS, SCHW, GS: Cyclically Adjusted PB Ratio Comparison

For the Capital Markets subindustry, MonexB de SV'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.


MonexB de SV Cyclically Adjusted PB Ratio vs Capital Markets Industry

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

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


MEX:MONEXB
8GF Score
Monex SAB de SV MEX:MONEXB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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MonexB de SV 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.

MonexB de SV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.00/15.53
=1.29

* 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.

MonexB de SV's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, MonexB de SV's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=24.236/148.4463*148.4463
=24.236

Current CPI (Sep. 2023) = 148.4463.

MonexB de SV Quarterly Data

Book Value per Share CPI Adj_Book
201306 6.196 93.115 9.878
201309 6.654 93.700 10.542
201312 7.946 95.568 12.343
201403 8.222 96.932 12.592
201406 8.452 96.609 12.987
201409 8.762 97.652 13.320
201412 9.179 99.469 13.699
201503 9.515 99.973 14.129
201506 9.609 99.382 14.353
201509 8.418 100.112 12.482
201512 8.476 101.588 12.386
201603 8.704 102.573 12.597
201606 8.797 101.905 12.815
201609 9.264 103.084 13.341
201612 9.812 105.002 13.872
201703 9.928 108.063 13.638
201706 9.966 108.339 13.655
201709 10.225 109.628 13.846
201712 10.949 112.114 14.497
201803 11.030 113.505 14.425
201806 11.245 113.373 14.724
201809 11.318 115.130 14.593
201812 11.921 117.530 15.057
201909 12.910 118.581 16.161
201912 13.231 120.854 16.252
202003 0.000 121.885 0.000
202006 14.910 121.777 18.175
202009 15.366 123.341 18.494
202012 14.576 124.661 17.357
202103 15.257 127.574 17.753
202106 15.434 128.936 17.769
202109 15.977 130.742 18.141
202112 14.312 133.830 15.875
202203 13.888 137.082 15.039
202206 13.052 139.233 13.916
202209 15.245 142.116 15.924
202212 22.426 144.291 23.072
202303 22.953 146.472 23.262
202306 22.628 146.272 22.964
202309 24.236 148.446 24.236

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 1.29 mean?
MonexB de SV (MEX:MONEXB) has a Cyclically Adjusted PB Ratio of 1.29 as of Jul. 12, 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 MonexB de SV and its competitors.
Is MonexB de SV's Cyclically Adjusted PB Ratio too high?
MonexB de SV's current Cyclically Adjusted PB Ratio is 1.29. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.35. MonexB de SV's value of 1.29 is 4.4% below this industry median. Overall, MonexB de SV has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does MonexB de SV's Cyclically Adjusted PB Ratio compare to MS and SCHW?
MonexB de SV's Cyclically Adjusted PB Ratio of 1.29 can be compared against companies in the Capital Markets industry. The industry median Cyclically Adjusted PB Ratio is 1.35. MonexB de SV's value of 1.29 is 4.4% below this benchmark. 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 1.35, based on 639 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. MonexB de SV's current Cyclically Adjusted PB Ratio of 1.29 is 4.4% below 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 MonexB de SV and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MonexB de SV's current Cyclically Adjusted PB Ratio is 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MonexB de SV stock overvalued right now?
MonexB de SV (MEX:MONEXB) has a current Cyclically Adjusted PB Ratio of 1.29. The current Cyclically Adjusted PB Ratio is 1.29 and 4.4% below the Capital Markets industry median of 1.35. MonexB de SV's overall GF Score™ is 8/100. 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 MonexB de SV (MEX:MONEXB), the current Cyclically Adjusted PB Ratio is 1.29 as of Jul. 12, 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.

MonexB de SV Business Description

Address Paseo de la Reforma No. 284, 15th Floor, Colonia Juarez, Mexico, DF, MEX, 06600
Monex SAB de SV is a financial services company. The company through its subsidiaries provides foreign exchange, investment banking, risk management products, letters of credit, and payment services to corporate clients.
8GF Score

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

MXN20.00
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