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SIM (Grupo SimecB de CV) Cyclically Adjusted PB Ratio : (As of May. 25, 2025)


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What is Grupo SimecB de CV Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo SimecB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grupo SimecB 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.

* Premium members only.

Grupo SimecB de CV Cyclically Adjusted PB Ratio Chart

Grupo SimecB de CV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 2.33 2.54 1.90 1.81

Grupo SimecB de CV Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.87 1.88 1.84 1.81 -

Competitive Comparison of Grupo SimecB de CV's Cyclically Adjusted PB Ratio

For the Steel subindustry, Grupo SimecB 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.


Grupo SimecB de CV's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Grupo SimecB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Grupo SimecB 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.

Grupo SimecB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Grupo SimecB de CV's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=19.693/*
=

Current CPI (Mar. 2025) = .

Grupo SimecB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201506 11.013 99.382 0.000
201509 10.475 100.112 0.000
201512 9.535 101.588 0.000
201603 11.040 102.573 0.000
201606 11.032 101.905 0.000
201609 10.528 103.084 0.000
201612 9.743 105.002 0.000
201703 11.058 108.063 0.000
201706 10.959 108.339 0.000
201709 11.239 109.628 0.000
201712 10.644 112.114 0.000
201803 11.412 113.505 0.000
201806 10.928 113.373 0.000
201809 11.625 115.130 0.000
201812 11.732 117.530 0.000
201903 11.334 118.050 0.000
201906 12.022 117.848 0.000
201909 11.867 118.581 0.000
201912 11.171 120.854 0.000
202003 9.436 121.885 0.000
202006 9.349 121.777 0.000
202009 10.140 123.341 0.000
202012 10.738 124.661 0.000
202103 11.299 127.574 0.000
202106 12.374 128.936 0.000
202109 12.994 130.742 0.000
202112 13.202 133.830 0.000
202203 14.448 137.082 0.000
202206 15.431 139.233 0.000
202209 15.409 142.116 0.000
202212 15.968 144.291 0.000
202303 17.523 146.472 0.000
202306 18.487 146.272 0.000
202309 18.807 148.446 0.000
202312 19.057 151.017 0.000
202403 20.084 152.947 0.000
202406 19.466 153.551 0.000
202409 18.966 155.158 0.000
202412 18.476 155.158 0.000
202503 19.693 0.000

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.


Grupo SimecB de CV  (AMEX:SIM) 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.


Grupo SimecB de CV Cyclically Adjusted PB Ratio Related Terms

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Grupo SimecB de CV Business Description

Traded in Other Exchanges
Address
Calzada Lazaro Cardenas 601, Colonia La Nogalera, Guadalajara, JAL, MEX, 44440
Grupo Simec SAB de CV is a diversified manufacturer, processor, and distributor of SBQ steel and structural steel products with production and commercial operations. The group's SBQ products are used across a range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. Its structural steel products are used in the non-residential construction market and other construction applications. Its segments are Mexico, Brazil, and the United States.