Motorola Solutions (MEX:MSI) Cyclically Adjusted PB Ratio: (As of Jul. 16, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:MSI Motorola Solutions Inc MEX:MSI
88 GF Score
Price MXN7,319.00
GF Value MXN8,274.54
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Motorola Solutions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Motorola Solutions  (MEX:MSI) 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.


Motorola Solutions Cyclically Adjusted PB Ratio Related Terms


Motorola Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Motorola Solutions'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.

Motorola Solutions Cyclically Adjusted PB Ratio Chart

Motorola Solutions 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 165.69 0.00 0.00 0.00 0.00

Motorola Solutions 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 0.00 0.00 0.00 0.00 0.00

MEX:MSI vs CIEN, LITE, HPE: Cyclically Adjusted PB Ratio Comparison

For the Communication Equipment subindustry, Motorola Solutions'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.


Motorola Solutions Cyclically Adjusted PB Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Motorola Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:MSI
88GF Score
Motorola Solutions Inc MEX:MSI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Motorola Solutions 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.

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

For example, Motorola Solutions'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)
=276.024/330.2130*330.2130
=276.024

Current CPI (Mar. 2026) = 330.2130.

Motorola Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201606 -76.425 241.018 -104.708
201609 -76.777 241.428 -105.012
201612 -120.673 241.432 -165.048
201703 -120.943 243.801 -163.810
201706 -109.798 244.955 -148.014
201709 -92.980 246.819 -124.396
201712 -212.233 246.524 -284.281
201803 -174.129 249.554 -230.410
201806 -182.488 251.989 -239.137
201809 -161.396 252.439 -211.121
201812 -155.279 251.233 -204.094
201903 -130.430 254.202 -169.431
201906 -112.857 256.143 -145.492
201909 -127.111 256.759 -163.475
201912 -77.431 256.974 -99.499
202003 -130.757 258.115 -167.281
202006 -112.761 257.797 -144.436
202009 -98.588 260.280 -125.077
202012 -65.524 260.474 -83.067
202103 -59.745 264.877 -74.482
202106 -42.093 271.696 -51.159
202109 -31.980 274.310 -38.497
202112 -4.864 278.802 -5.761
202203 -37.541 287.504 -43.118
202206 -53.399 296.311 -59.509
202209 -48.997 296.808 -54.511
202212 13.502 296.797 15.022
202303 25.151 301.836 27.516
202306 34.575 305.109 37.420
202309 37.940 307.789 40.704
202312 73.943 306.746 79.600
202403 51.838 312.332 54.806
202406 88.086 314.175 92.583
202409 156.437 315.301 163.836
202412 212.551 315.605 222.389
202503 201.073 319.799 207.621
202506 222.424 322.561 227.700
202509 256.071 324.800 260.339
202512 261.881 324.054 266.858
202603 276.024 330.213 276.024

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.

Is Motorola Solutions (MEX:MSI) Overvalued in 2026?

Based on GuruFocus' analysis, Motorola Solutions stock appears to be undervalued. The current stock price of MXN7,319.00 is trading 11.5% below its estimated GF Value™ of MXN8,274.54. GuruFocus considers Motorola Solutions to be Modestly Undervalued.

Key valuation signals for MEX:MSI:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: MXN8,274.54 vs. price of MXN7,319.00 (11.5% below fair value)
  • GF Score™: 88/100 with 1 warning sign

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


Motorola Solutions Business Description

Address 500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment, dispatch software, and other networking capabilities. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.
88GF Score

Get the complete analysis for MEX:MSI

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

MXN7,319.00
Price
MXN8,274.54
GF Value