Williams (MEX:WMB) Cyclically Adjusted PB Ratio: 6.05 (As of Aug. 16, 2026) — 121% Above Median

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MEX:WMB Williams Companies Inc MEX:WMB
71 GF Score
Price MXN1,238.00
GF Value MXN1,052.79
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Williams Cyclically Adjusted PB Ratio?

Williams MEX:WMB 71 Cyclically Adjusted PB Ratio is 6.05 as of Aug. 16, 2026, which is 121% above its 10-year median of 2.74. GuruFocus rates MEX:WMB with a GF Score™ of 71/100 and a GF Value™ of MXN1,052.79 (Modestly Overvalued). The stock has 10 warning signs investors should review. Among 762 Oil & Gas companies, Williams ranks worse than 94.49% on this metric.

As of today (2026-08-16), Williams's current share price is MXN1238.00. Williams's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN204.47. Williams's Cyclically Adjusted PB Ratio for today is 6.05.

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

MEX:WMB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 2.74   Max: 6.55
Current: 6.18

During the past years, Williams's highest Cyclically Adjusted PB Ratio was 6.55. The lowest was 1.11. And the median was 2.74.

MEX:WMB's Cyclically Adjusted PB Ratio is ranked worse than
94.49% of 762 companies
in the Oil & Gas industry
Industry Median: 1.205 vs MEX:WMB: 6.18

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.

Williams's adjusted book value per share data for the three months ended in Jun. 2026 was MXN187.687. 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 MXN204.47 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Williams  (MEX:WMB) 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.


Williams Cyclically Adjusted PB Ratio Related Terms


Williams Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Williams'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.

Williams Cyclically Adjusted PB Ratio Chart

Williams 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 2.51 2.90 2.96 4.60 5.11

Williams 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 5.32 5.37 5.11 6.08 6.11

MEX:WMB vs EPD, KMI, ET: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Midstream subindustry, Williams'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.


Williams Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Williams's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:WMB
71GF Score
Williams Companies Inc MEX:WMB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Williams 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1238.00/204.47
=6.05

* 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.

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

For example, Williams'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)
=187.687/333.9520*333.9520
=187.687

Current CPI (Jun. 2026) = 333.9520.

Williams Quarterly Data

Book Value per Share CPI Adj_Book
201609 125.294 241.428 173.311
201612 127.633 241.432 176.544
201703 192.484 243.801 263.659
201706 181.767 244.955 247.807
201709 178.162 246.819 241.057
201712 229.587 246.524 311.008
201803 208.104 249.554 278.484
201806 221.840 251.989 293.997
201809 240.664 252.439 318.375
201812 237.213 251.233 315.316
201903 230.197 254.202 302.416
201906 219.102 256.143 285.659
201909 221.299 256.759 287.831
201912 207.398 256.974 269.525
202003 238.133 258.115 308.099
202006 231.715 257.797 300.165
202009 219.089 260.280 281.102
202012 192.426 260.474 246.708
202103 196.446 264.877 247.675
202106 188.189 271.696 231.310
202109 189.072 274.310 230.181
202112 192.274 278.802 230.308
202203 184.565 287.504 214.383
202206 184.844 296.311 208.325
202209 186.353 296.808 209.674
202212 183.275 296.797 206.219
202303 173.744 301.836 192.231
202306 164.029 305.109 179.535
202309 169.036 307.789 183.405
202312 172.561 306.746 187.866
202403 169.012 312.332 180.711
202406 184.305 314.175 195.907
202409 200.193 315.301 212.035
202412 212.165 315.605 224.499
202503 208.690 319.799 217.926
202506 191.267 322.561 198.021
202509 187.420 324.800 192.701
202512 188.191 324.054 193.939
202603 191.046 330.213 193.209
202606 187.687 333.952 187.687

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 6.05 mean?
Williams (MEX:WMB) has a Cyclically Adjusted PB Ratio of 6.05 as of Aug. 16, 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 Williams and its competitors. This is 121% above median its historical median of 2.74. Over the past decade, Williams' Cyclically Adjusted PB Ratio has ranged from 1.11 to 6.55. According to the industry distribution chart, Williams ranks #720 out of 762 companies in the Oil & Gas industry, placing it in the top 94.5%.
Is Williams' Cyclically Adjusted PB Ratio too high?
Williams' current Cyclically Adjusted PB Ratio of 6.05 is 121% above median its 10-year median of 2.74. Over the past 10 years, this metric has ranged from a low of 1.11 to a high of 6.55. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Williams' value of 6.05 is 402.1% above this industry median. Based on the distribution chart, Williams ranks #720 out of 762 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Williams has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Williams' Cyclically Adjusted PB Ratio compare to EPD and KMI?
According to the Oil & Gas industry distribution chart, Williams ranks #720 out of 762 companies for Cyclically Adjusted PB Ratio. This places Williams in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Williams' value of 6.05 is 402.1% above this benchmark. Historically, Williams' own Cyclically Adjusted PB Ratio has ranged from 1.11 to 6.55 over the past decade. While the company's 10-year median is 2.74 vs. the industry median of 1.21, Williams 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.21, based on 762 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. Williams's current Cyclically Adjusted PB Ratio of 6.05 is 402.1% 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 Williams and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Williams's current Cyclically Adjusted PB Ratio is 6.05, which is 121% above median its own 10-year median of 2.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Williams stock overvalued right now?
Based on GuruFocus' analysis, Williams (MEX:WMB) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN1,052.79, compared to a current price of MXN1,238.00 — trading 17.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 6.05, which is 121% above median its 10-year median of 2.74 and 402.1% above the Oil & Gas industry median of 1.21. Williams' overall GF Score™ is 71/100 with 10 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 Williams (MEX:WMB), the current Cyclically Adjusted PB Ratio is 6.05 as of Aug. 16, 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 Williams (MEX:WMB) Overvalued in 2026?

Based on GuruFocus' analysis, Williams stock appears to be overvalued. The current stock price of MXN1,238.00 is trading 17.6% above its estimated GF Value™ of MXN1,052.79. GuruFocus considers Williams to be Modestly Overvalued.

Key valuation signals for MEX:WMB:

  • Cyclically Adjusted PB Ratio: 6.05 (121% above median its 10-year median of 2.74)
  • GF Value™: MXN1,052.79 vs. price of MXN1,238.00 (17.6% above fair value)
  • GF Score™: 71/100 with 10 warning signs
  • Industry Position: 402.1% above the Oil & Gas median (#720 of 762)

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


Williams Business Description

Industry EnergyOil & Gas
Address One Williams Center, Tulsa, OK, USA, 74172
Williams operates the Transco pipeline, which connects the Gulf Coast to the Northeast United States. It has additional natural gas transmission pipelines connecting the Rockies to the Pacific Northwest and midcontinent. At the field level, it operates substantial gathering and processing assets in Appalachia and other basins. The company has also struck several power supply agreements.
71GF Score

Get the complete analysis for MEX:WMB

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

MXN1,238.00
Price
MXN1,052.79
GF Value