Industrias PenolesB de CV (MEX:PE&OLES) Cyclically Adjusted PB Ratio: 3.76 (As of Sep. 09, 2026) — 141% Above Median

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MEX:PE&OLES Industrias Penoles SAB de CV MEX:PE&OLES
80 GF Score
Price MXN910.00
GF Value MXN572.24
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Industrias PenolesB de CV Cyclically Adjusted PB Ratio?

Industrias PenolesB de CV MEX:PE&OLES +1.75% 80 Cyclically Adjusted PB Ratio is 3.76 as of Sep. 09, 2026, which is 141% above its 10-year median of 1.56. GuruFocus rates MEX:PE&OLES with a GF Score™ of 80/100 and a GF Value™ of MXN572.24 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,500 Metals & Mining companies, Industrias PenolesB de CV ranks worse than 70.8% on this metric.

As of today (2026-09-09), Industrias PenolesB de CV's current share price is MXN910.00. Industrias PenolesB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN242.11. Industrias PenolesB de CV's Cyclically Adjusted PB Ratio for today is 3.76.

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

MEX:PE&OLES' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 1.56   Max: 4.67
Current: 3.75

During the past years, Industrias PenolesB de CV's highest Cyclically Adjusted PB Ratio was 4.67. The lowest was 0.81. And the median was 1.56.

MEX:PE&OLES's Cyclically Adjusted PB Ratio is ranked worse than
70.8% of 1500 companies
in the Metals & Mining industry
Industry Median: 1.555 vs MEX:PE&OLES: 3.75

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.

Industrias PenolesB de CV's adjusted book value per share data for the three months ended in Jun. 2026 was MXN301.396. 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 MXN242.11 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Industrias PenolesB de CV  (MEX:PE&OLES) 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.


Industrias PenolesB de CV Cyclically Adjusted PB Ratio Related Terms


Industrias PenolesB de CV Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Industrias PenolesB 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.

Industrias PenolesB de CV Cyclically Adjusted PB Ratio Chart

Industrias PenolesB de CV 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 1.28 1.18 1.16 1.19 4.02

Industrias PenolesB de CV Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.29 3.54 4.02 3.31 3.15

Industrias PenolesB de CV Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Industrias PenolesB 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.


Industrias PenolesB de CV Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Industrias PenolesB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:PE&OLES
80GF Score
Industrias Penoles SAB de CV MEX:PE&OLES
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Industrias PenolesB 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.

Industrias PenolesB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=910.00/242.11
=3.76

* 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.

Industrias PenolesB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Industrias PenolesB de CV's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=301.396/165.5700*165.5700
=301.396

Current CPI (Jun. 2026) = 165.5700.

Industrias PenolesB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201609 153.341 103.084 246.291
201612 166.392 105.002 262.371
201703 160.067 108.063 245.248
201706 154.939 108.339 236.788
201709 164.642 109.628 248.658
201712 178.350 112.114 263.388
201803 173.137 113.505 252.556
201806 185.925 113.373 271.525
201809 180.037 115.130 258.913
201812 179.587 117.530 252.994
201903 181.060 118.050 253.945
201906 175.469 117.848 246.525
201909 180.534 118.581 252.072
201912 167.352 120.854 229.272
202003 200.403 121.885 272.229
202006 186.038 121.777 252.941
202009 176.703 123.341 237.202
202012 173.777 124.661 230.804
202103 187.184 127.574 242.935
202106 193.863 128.936 248.945
202109 203.953 130.742 258.284
202112 199.594 133.830 246.931
202203 195.216 137.082 235.785
202206 204.590 139.233 243.290
202209 203.072 142.116 236.586
202212 199.842 144.291 229.313
202303 184.565 146.472 208.631
202306 176.759 146.272 200.079
202309 179.732 148.446 200.465
202312 179.790 151.017 197.116
202403 174.565 152.947 188.972
202406 191.571 153.551 206.567
202409 207.465 155.246 221.262
202412 224.319 157.378 235.995
202503 230.132 158.761 240.002
202506 227.897 160.180 235.566
202509 235.499 161.030 242.139
202512 256.408 163.190 260.148
202603 291.621 166.040 290.796
202606 301.396 165.570 301.396

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 3.76 mean?
Industrias PenolesB de CV (MEX:PE&OLES) has a Cyclically Adjusted PB Ratio of 3.76 as of Sep. 09, 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 Industrias PenolesB de CV and its competitors. This is 141% above median its historical median of 1.56. Over the past decade, Industrias PenolesB de CV's Cyclically Adjusted PB Ratio has ranged from 0.81 to 4.67. According to the industry distribution chart, Industrias PenolesB de CV ranks #1062 out of 1500 companies in the Metals & Mining industry, placing it in the top 70.8%.
Is Industrias PenolesB de CV's Cyclically Adjusted PB Ratio too high?
Industrias PenolesB de CV's current Cyclically Adjusted PB Ratio of 3.76 is 141% above median its 10-year median of 1.56. Over the past 10 years, this metric has ranged from a low of 0.81 to a high of 4.67. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.56. Industrias PenolesB de CV's value of 3.76 is 141.8% above this industry median. Based on the distribution chart, Industrias PenolesB de CV ranks #1062 out of 1500 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Industrias PenolesB de CV has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Industrias PenolesB de CV's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Industrias PenolesB de CV ranks #1062 out of 1500 companies for Cyclically Adjusted PB Ratio. This places Industrias PenolesB de CV in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.56. Industrias PenolesB de CV's value of 3.76 is 141.8% above this benchmark. Historically, Industrias PenolesB de CV's own Cyclically Adjusted PB Ratio has ranged from 0.81 to 4.67 over the past decade. While the company's 10-year median is 1.56 vs. the industry median of 1.56, Industrias PenolesB de CV has consistently been above 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 a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.56, based on 1,500 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. Industrias PenolesB de CV's current Cyclically Adjusted PB Ratio of 3.76 is 141.8% above 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 Industrias PenolesB de CV and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrias PenolesB de CV's current Cyclically Adjusted PB Ratio is 3.76, which is 141% above median its own 10-year median of 1.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrias PenolesB de CV stock overvalued right now?
Based on GuruFocus' analysis, Industrias PenolesB de CV (MEX:PE&OLES) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN572.24, compared to a current price of MXN910.00 — trading 59% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.76, which is 141% above median its 10-year median of 1.56 and 141.8% above the Metals & Mining industry median of 1.56. Industrias PenolesB de CV's overall GF Score™ is 80/100 with 1 warning sign 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 Industrias PenolesB de CV (MEX:PE&OLES), the current Cyclically Adjusted PB Ratio is 3.76 as of Sep. 09, 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 Industrias PenolesB de CV (MEX:PE&OLES) Overvalued in 2026?

Based on GuruFocus' analysis, Industrias PenolesB de CV stock appears to be overvalued. The current stock price of MXN910.00 is trading 59% above its estimated GF Value™ of MXN572.24. GuruFocus considers Industrias PenolesB de CV to be Significantly Overvalued.

Key valuation signals for MEX:PE&OLES:

  • Cyclically Adjusted PB Ratio: 3.76 (141% above median its 10-year median of 1.56)
  • GF Value™: MXN572.24 vs. price of MXN910.00 (59% above fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 141.8% above the Metals & Mining median (#1062 of 1500)

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


Industrias PenolesB de CV Business Description

Other Exchanges IPOAF:USA4FO:Germany
Address BAL Corporate, Calzada Legaria No. 549, Torre 2 Colonia 10 de abril Delegacion Miguel Hida, Mexico City, DF, MEX, 11250
Industrias Penoles SAB de CV engages in the exploration, extraction, and sale of mineral concentrates and ores in Mexico, Europe, Asia, North America, South America, and internationally. It operates through Precious Metal, Base Metal, Metallurgical, and Other segments. The company is also involved in the smelting and refining of non-ferrous metals. It explores zinc, copper, gold, silver, bismuth deposits, and Others.
80GF Score

Get the complete analysis for MEX:PE&OLES

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

MXN910.00
Price
MXN572.24
GF Value