XPO (MEX:XPO) Cyclically Adjusted PB Ratio: 7.73 (As of Jul. 23, 2026) — 316% Above Median

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MEX:XPO XPO Inc MEX:XPO
68 GF Score
Price MXN3,711.00
GF Value MXN2,233.03
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is XPO Cyclically Adjusted PB Ratio?

XPO MEX:XPO 68 Cyclically Adjusted PB Ratio is 7.73 as of Jul. 23, 2026, which is 316% above its 10-year median of 1.86. GuruFocus rates MEX:XPO with a GF Score™ of 68/100 and a GF Value™ of MXN2,233.03 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 737 Transportation companies, XPO ranks worse than 95.66% on this metric.

As of today (2026-07-23), XPO's current share price is MXN3711.00. XPO's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN480.04. XPO's Cyclically Adjusted PB Ratio for today is 7.73.

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

MEX:XPO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.86   Max: 9.08
Current: 8.49

During the past years, XPO's highest Cyclically Adjusted PB Ratio was 9.08. The lowest was 0.72. And the median was 1.86.

MEX:XPO's Cyclically Adjusted PB Ratio is ranked worse than
95.66% of 737 companies
in the Transportation industry
Industry Median: 1.25 vs MEX:XPO: 8.49

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.

XPO's adjusted book value per share data for the three months ended in Mar. 2026 was MXN284.142. 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 MXN480.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


XPO  (MEX:XPO) 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.


XPO Cyclically Adjusted PB Ratio Related Terms


XPO Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for XPO'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.

XPO Cyclically Adjusted PB Ratio Chart

XPO 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 1.86 1.27 3.30 5.02 5.41

XPO 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 4.12 4.87 5.04 5.41 7.73

MEX:XPO vs KNX, SAIA, SNDR: Cyclically Adjusted PB Ratio Comparison

For the Trucking subindustry, XPO'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.


XPO Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, XPO's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:XPO
68GF Score
XPO Inc MEX:XPO
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

XPO 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3711.00/480.04
=7.73

* 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.

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

For example, XPO'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)
=284.142/330.2130*330.2130
=284.142

Current CPI (Mar. 2026) = 330.2130.

XPO Quarterly Data

Book Value per Share CPI Adj_Book
201606 451.042 241.018 617.962
201609 467.939 241.428 640.023
201612 493.381 241.432 674.810
201703 455.446 243.801 616.873
201706 456.158 244.955 614.926
201709 495.823 246.819 663.349
201712 583.616 246.524 781.740
201803 548.267 249.554 725.474
201806 600.383 251.989 786.758
201809 610.308 252.439 798.338
201812 598.190 251.233 786.243
201903 499.968 254.202 649.467
201906 514.464 256.143 663.234
201909 543.120 256.759 698.497
201912 552.110 256.974 709.464
202003 653.710 258.115 836.308
202006 619.666 257.797 793.732
202009 630.612 260.280 800.047
202012 528.113 260.474 669.509
202103 508.115 264.877 633.449
202106 520.222 271.696 632.266
202109 181.661 274.310 218.683
202112 202.999 278.802 240.432
202203 276.676 287.504 317.776
202206 298.621 296.311 332.787
202209 312.395 296.808 347.554
202212 171.565 296.797 190.881
202303 163.934 301.836 179.346
202306 165.467 305.109 179.081
202309 179.788 307.789 192.886
202312 185.297 306.746 199.473
202403 190.060 312.332 200.941
202406 236.040 314.175 248.089
202409 277.609 315.301 290.738
202412 284.783 315.605 297.964
202503 284.846 319.799 294.122
202506 284.809 322.561 291.565
202509 283.952 324.800 288.684
202512 285.461 324.054 290.886
202603 284.142 330.213 284.142

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 7.73 mean?
XPO (MEX:XPO) has a Cyclically Adjusted PB Ratio of 7.73 as of Jul. 23, 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 XPO and its competitors. This is 316% above median its historical median of 1.86. Over the past decade, XPO's Cyclically Adjusted PB Ratio has ranged from 0.72 to 9.08. According to the industry distribution chart, XPO ranks #705 out of 737 companies in the Transportation industry, placing it in the top 95.7%.
Is XPO's Cyclically Adjusted PB Ratio too high?
XPO's current Cyclically Adjusted PB Ratio of 7.73 is 316% above median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 9.08. The Transportation industry median Cyclically Adjusted PB Ratio is 1.25. XPO's value of 7.73 is 518.4% above this industry median. Based on the distribution chart, XPO ranks #705 out of 737 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, XPO has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does XPO's Cyclically Adjusted PB Ratio compare to KNX and SAIA?
According to the Transportation industry distribution chart, XPO ranks #705 out of 737 companies for Cyclically Adjusted PB Ratio. This places XPO in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. XPO's value of 7.73 is 518.4% above this benchmark. Historically, XPO's own Cyclically Adjusted PB Ratio has ranged from 0.72 to 9.08 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 1.25, XPO 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 Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.25, based on 737 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. XPO's current Cyclically Adjusted PB Ratio of 7.73 is 518.4% 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 XPO and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XPO's current Cyclically Adjusted PB Ratio is 7.73, which is 316% above median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XPO stock overvalued right now?
Based on GuruFocus' analysis, XPO (MEX:XPO) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,233.03, compared to a current price of MXN3,711.00 — trading 66.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 7.73, which is 316% above median its 10-year median of 1.86 and 518.4% above the Transportation industry median of 1.25. XPO's overall GF Score™ is 68/100 with 6 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 XPO (MEX:XPO), the current Cyclically Adjusted PB Ratio is 7.73 as of Jul. 23, 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 XPO (MEX:XPO) Overvalued in 2026?

Based on GuruFocus' analysis, XPO stock appears to be overvalued. The current stock price of MXN3,711.00 is trading 66.2% above its estimated GF Value™ of MXN2,233.03. GuruFocus considers XPO to be Significantly Overvalued.

Key valuation signals for MEX:XPO:

  • Cyclically Adjusted PB Ratio: 7.73 (316% above median its 10-year median of 1.86)
  • GF Value™: MXN2,233.03 vs. price of MXN3,711.00 (66.2% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 518.4% above the Transportation median (#705 of 737)

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


XPO Business Description

Other Exchanges XPO:USA0M1O:UKUX2A:Germany
Address Five American Lane, Greenwich, CT, USA, 06831
Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. We estimate LTL shipping makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. However, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.
68GF Score

Get the complete analysis for MEX:XPO

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

MXN3,711.00
Price
MXN2,233.03
GF Value