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Nasdaq (MEX:NDAQ) Cyclically Adjusted PB Ratio : 4.61 (As of Jun. 22, 2024)


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What is Nasdaq Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Nasdaq's current share price is MXN1075.00. Nasdaq's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN232.96. Nasdaq's Cyclically Adjusted PB Ratio for today is 4.61.

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

MEX:NDAQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.63   Med: 2.7   Max: 5.56
Current: 4.17

During the past years, Nasdaq's highest Cyclically Adjusted PB Ratio was 5.56. The lowest was 1.63. And the median was 2.70.

MEX:NDAQ's Cyclically Adjusted PB Ratio is ranked worse than
82.57% of 637 companies
in the Capital Markets industry
Industry Median: 1.16 vs MEX:NDAQ: 4.17

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.

Nasdaq's adjusted book value per share data for the three months ended in Mar. 2024 was MXN311.569. 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 MXN232.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nasdaq Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nasdaq'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.

Nasdaq Cyclically Adjusted PB Ratio Chart

Nasdaq 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 3.06 3.68 5.38 4.46 4.11

Nasdaq 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 3.91 3.55 3.44 4.11 4.37

Competitive Comparison of Nasdaq's Cyclically Adjusted PB Ratio

For the Financial Data & Stock Exchanges subindustry, Nasdaq'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.


Nasdaq's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

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

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



Nasdaq 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1075.00/232.96
=4.61

* 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.

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

For example, Nasdaq'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)
=311.569/131.7762*131.7762
=311.569

Current CPI (Mar. 2024) = 131.7762.

Nasdaq Quarterly Data

Book Value per Share CPI Adj_Book
201406 159.117 100.560 208.512
201409 162.497 100.428 213.220
201412 168.738 99.070 224.445
201503 166.774 99.621 220.604
201506 176.992 100.684 231.649
201509 190.391 100.392 249.912
201512 195.643 99.792 258.347
201603 198.716 100.470 260.634
201606 212.891 101.688 275.882
201609 224.490 101.861 290.420
201612 224.018 101.863 289.804
201703 203.374 102.862 260.541
201706 201.915 103.349 257.454
201709 208.248 104.136 263.523
201712 225.766 104.011 286.033
201803 207.670 105.290 259.912
201806 220.659 106.317 273.500
201809 213.045 106.507 263.591
201812 215.928 105.998 268.441
201903 214.387 107.251 263.412
201906 214.904 108.070 262.046
201909 213.890 108.329 260.184
201912 214.729 108.420 260.986
202003 256.637 108.902 310.543
202006 269.539 108.767 326.558
202009 269.862 109.815 323.830
202012 258.620 109.897 310.109
202103 262.685 111.754 309.747
202106 261.135 114.631 300.192
202109 260.089 115.734 296.140
202112 262.354 117.630 293.906
202203 242.621 121.301 263.573
202206 239.268 125.017 252.205
202209 240.569 125.227 253.151
202212 243.942 125.222 256.710
202303 226.927 127.348 234.818
202306 217.581 128.729 222.732
202309 229.278 129.860 232.662
202312 319.205 129.419 325.018
202403 311.569 131.776 311.569

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.


Nasdaq  (MEX:NDAQ) 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.


Nasdaq Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Nasdaq's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Nasdaq (MEX:NDAQ) Business Description

Traded in Other Exchanges
Address
151 W. 42nd Street, New York, NY, USA, 10036
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its market-services business (about 35% of sales), the company sells and distributes market data as well as offers Nasdaq-branded indexes to asset managers and investors through its information-services segment (30%). Nasdaq's corporate-services business (20%) offers listing services and related investor relations products to publicly traded companies and through the company's market technology group (15%), Nasdaq facilitates the exchange operations of other exchanges throughout the world and provides financial compliance services.

Nasdaq (MEX:NDAQ) Headlines

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