The Mosaic Co (MEX:MOS) Cyclically Adjusted PB Ratio: 0.56 (As of Jul. 17, 2026) — 42% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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MEX:MOS The Mosaic Co MEX:MOS
56 GF Score
Price MXN365.42
GF Value MXN514.57
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is The Mosaic Co Cyclically Adjusted PB Ratio?

The Mosaic Co MEX:MOS 56 Cyclically Adjusted PB Ratio is 0.56 as of Jul. 17, 2026, which is 42% below its 10-year median of 0.97. GuruFocus rates MEX:MOS with a GF Score™ of 56/100 and a GF Value™ of MXN514.57 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 200 Agriculture companies, The Mosaic Co ranks better than 81% on this metric.

As of today (2026-07-17), The Mosaic Co's current share price is MXN365.42. The Mosaic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN647.35. The Mosaic Co's Cyclically Adjusted PB Ratio for today is 0.56.

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

MEX:MOS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.33   Med: 0.97   Max: 2.36
Current: 0.64

During the past years, The Mosaic Co's highest Cyclically Adjusted PB Ratio was 2.36. The lowest was 0.33. And the median was 0.97.

MEX:MOS's Cyclically Adjusted PB Ratio is ranked better than
81% of 200 companies
in the Agriculture industry
Industry Median: 1.39 vs MEX:MOS: 0.64

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.

The Mosaic Co's adjusted book value per share data for the three months ended in Mar. 2026 was MXN669.687. 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 MXN647.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Mosaic Co  (MEX:MOS) 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.


The Mosaic Co Cyclically Adjusted PB Ratio Related Terms


The Mosaic Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for The Mosaic Co'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.

The Mosaic Co Cyclically Adjusted PB Ratio Chart

The Mosaic Co 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 1.25 1.33 1.06 0.71 0.68

The Mosaic Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.77 1.03 0.97 0.68 0.70

MEX:MOS vs SMG, FMC, UAN: Cyclically Adjusted PB Ratio Comparison

For the Agricultural Inputs subindustry, The Mosaic Co'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.


The Mosaic Co Cyclically Adjusted PB Ratio vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, The Mosaic Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:MOS
56GF Score
The Mosaic Co MEX:MOS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Mosaic Co 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.

The Mosaic Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=365.42/647.35
=0.56

* 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.

The Mosaic Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, The Mosaic Co's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=669.687/330.2130*330.2130
=669.687

Current CPI (Mar. 2026) = 330.2130.

The Mosaic Co Quarterly Data

Book Value per Share CPI Adj_Book
201606 526.262 241.018 721.019
201609 543.075 241.428 742.791
201612 537.827 241.432 735.600
201703 516.126 243.801 699.060
201706 502.354 244.955 677.201
201709 522.867 246.819 699.531
201712 538.051 246.524 720.706
201803 492.824 249.554 652.111
201806 519.782 251.989 681.136
201809 506.680 252.439 662.783
201812 529.616 251.233 696.111
201903 533.044 254.202 692.434
201906 521.358 256.143 672.121
201909 524.679 256.759 674.780
201912 457.379 256.974 587.735
202003 518.811 258.115 663.728
202006 517.123 257.797 662.385
202009 497.238 260.280 630.838
202012 502.762 260.474 637.371
202103 518.138 264.877 645.945
202106 541.699 271.696 658.368
202109 564.943 274.310 680.076
202112 589.947 278.802 698.733
202203 640.128 287.504 735.220
202206 671.528 296.311 748.360
202209 684.249 296.808 761.260
202212 693.119 296.797 771.156
202303 645.548 301.836 706.239
202306 640.121 305.109 692.789
202309 639.297 307.789 685.873
202312 643.675 306.746 692.918
202403 620.638 312.332 656.170
202406 669.469 314.175 703.644
202409 731.480 315.301 766.075
202412 755.599 315.605 790.572
202503 759.107 319.799 783.827
202506 737.945 322.561 755.451
202509 738.647 324.800 750.957
202512 685.542 324.054 698.571
202603 669.687 330.213 669.687

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 0.56 mean?
The Mosaic Co (MEX:MOS) has a Cyclically Adjusted PB Ratio of 0.56 as of Jul. 17, 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 The Mosaic Co and its competitors. This is 42% below median its historical median of 0.97. Over the past decade, The Mosaic Co's Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.36. According to the industry distribution chart, The Mosaic Co ranks #38 out of 200 companies in the Agriculture industry, placing it in the top 19%.
Is The Mosaic Co's Cyclically Adjusted PB Ratio too high?
The Mosaic Co's current Cyclically Adjusted PB Ratio of 0.56 is 42% below median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 2.36. The Agriculture industry median Cyclically Adjusted PB Ratio is 1.39. The Mosaic Co's value of 0.56 is 59.7% below this industry median. Based on the distribution chart, The Mosaic Co ranks #38 out of 200 companies in the Agriculture industry, which is in the top quartile — a strong position relative to peers. Overall, The Mosaic Co has a GF Score™ of 56/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The Mosaic Co's Cyclically Adjusted PB Ratio compare to SMG and FMC?
According to the Agriculture industry distribution chart, The Mosaic Co ranks #38 out of 200 companies for Cyclically Adjusted PB Ratio. This places The Mosaic Co in the top 19% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.39. The Mosaic Co's value of 0.56 is 59.7% below this benchmark. Historically, The Mosaic Co's own Cyclically Adjusted PB Ratio has ranged from 0.33 to 2.36 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 1.39, The Mosaic Co has consistently been below 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 an Agriculture company?
The median Cyclically Adjusted PB Ratio among Agriculture companies is 1.39, based on 200 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. The Mosaic Co's current Cyclically Adjusted PB Ratio of 0.56 is 59.7% 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 The Mosaic Co and its competitors. For the Agriculture industry, the median Cyclically Adjusted PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Mosaic Co's current Cyclically Adjusted PB Ratio is 0.56, which is 42% below median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Mosaic Co stock overvalued right now?
Based on GuruFocus' analysis, The Mosaic Co (MEX:MOS) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN514.57, compared to a current price of MXN365.42 — trading 29% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.56, which is 42% below median its 10-year median of 0.97 and 59.7% below the Agriculture industry median of 1.39. The Mosaic Co's overall GF Score™ is 56/100 with 7 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 The Mosaic Co (MEX:MOS), the current Cyclically Adjusted PB Ratio is 0.56 as of Jul. 17, 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 The Mosaic Co (MEX:MOS) Overvalued in 2026?

Based on GuruFocus' analysis, The Mosaic Co stock appears to be undervalued. The current stock price of MXN365.42 is trading 29% below its estimated GF Value™ of MXN514.57. GuruFocus considers The Mosaic Co to be Modestly Undervalued.

Key valuation signals for MEX:MOS:

  • Cyclically Adjusted PB Ratio: 0.56 (42% below median its 10-year median of 0.97)
  • GF Value™: MXN514.57 vs. price of MXN365.42 (29% below fair value)
  • GF Score™: 56/100 with 7 warning signs
  • Industry Position: 59.7% below the Agriculture median (#38 of 200)

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


The Mosaic Co Business Description

Address 101 East Kennedy Boulevard, Suite 2500, Tampa, FL, USA, 33602
Mosaic is one of the largest phosphate and potash producers in the world. The company's assets include phosphate rock mines in the US and potash mines in Canada. Mosaic also runs a large fertilizer distribution operation in Brazil through its Mosaic Fertilizantes business.
56GF Score

Get the complete analysis for MEX:MOS

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

MXN365.42
Price
MXN514.57
GF Value