International Bancshares (MEX:IBOC) Cyclically Adjusted Revenue per Share: MXN243.10 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MEX:IBOC International Bancshares Corp MEX:IBOC
71 GF Score
Price MXN1,495.00
GF Value MXN1,356.52
! 6 Warning Signs
View Full Analysis

What is International Bancshares Cyclically Adjusted Revenue per Share?

International Bancshares MEX:IBOC 71 Cyclically Adjusted Revenue per Share is MXN243.10 as of Jun. 2026. GuruFocus rates MEX:IBOC with a GF Score™ of 71/100 and a GF Value™ of MXN1,356.52. The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

International Bancshares's adjusted revenue per share for the three months ended in Jun. 2026 was MXN60.208. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is MXN243.10 for the trailing ten years ended in Jun. 2026.

During the past 12 months, International Bancshares's average Cyclically Adjusted Revenue Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 6.70% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 3.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of International Bancshares was 9.30% per year. The lowest was 0.70% per year. And the median was 4.60% per year.

As of today (2026-08-14), International Bancshares's current stock price is MXN1495.00. International Bancshares's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN243.10. International Bancshares's Cyclically Adjusted PS Ratio of today is 6.15.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of International Bancshares was 6.59. The lowest was 1.96. And the median was 4.71.


International Bancshares  (MEX:IBOC) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

International Bancshares's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=1495.00/243.10
=6.15

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of International Bancshares was 6.59. The lowest was 1.96. And the median was 4.71.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


International Bancshares Cyclically Adjusted Revenue per Share Related Terms


International Bancshares Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for International Bancshares's Cyclically Adjusted Revenue per Share 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.

International Bancshares Cyclically Adjusted Revenue per Share Chart

International Bancshares Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 191.86 191.47 172.86 265.34 266.19

International Bancshares Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Revenue per Share 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 260.55 255.73 266.19 269.27 243.10

MEX:IBOC vs SFBS, FULT, FFIN: Cyclically Adjusted Revenue per Share Comparison

For the Banks - Regional subindustry, International Bancshares's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


International Bancshares Cyclically Adjusted PS Ratio vs Banks Industry

For the Banks industry and Financial Services sector, International Bancshares's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where International Bancshares's Cyclically Adjusted PS Ratio falls into.


MEX:IBOC
71GF Score
International Bancshares Corp MEX:IBOC
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

International Bancshares Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, International Bancshares's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=60.208/333.9520*333.9520
=60.208

Current CPI (Jun. 2026) = 333.9520.

International Bancshares Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 36.745 241.428 50.827
201612 40.147 241.432 55.532
201703 35.389 243.801 48.475
201706 34.773 244.955 47.407
201709 37.609 246.819 50.886
201712 39.482 246.524 53.484
201803 37.563 249.554 50.267
201806 42.444 251.989 56.250
201809 41.502 252.439 54.903
201812 43.819 251.233 58.246
201903 42.885 254.202 56.339
201906 42.636 256.143 55.588
201909 45.693 256.759 59.430
201912 41.793 256.974 54.312
202003 49.597 258.115 64.169
202006 50.044 257.797 64.827
202009 45.980 260.280 58.995
202012 41.133 260.474 52.736
202103 41.013 264.877 51.708
202106 59.297 271.696 72.884
202109 45.891 274.310 55.869
202112 43.735 278.802 52.386
202203 41.880 287.504 48.646
202206 46.605 296.311 52.525
202209 61.218 296.808 68.879
202212 64.229 296.797 72.270
202303 59.487 301.836 65.817
202306 56.266 305.109 61.585
202309 59.574 307.789 64.638
202312 57.585 306.746 62.692
202403 54.866 312.332 58.664
202406 61.100 314.175 64.946
202409 66.925 315.301 70.884
202412 69.689 315.605 73.740
202503 65.087 319.799 67.967
202506 62.981 322.561 65.205
202509 64.271 324.800 66.082
202512 62.976 324.054 64.900
202603 60.386 330.213 61.070
202606 60.208 333.952 60.208

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of MXN243.10 mean?
International Bancshares (MEX:IBOC) has a Cyclically Adjusted Revenue per Share of MXN243.10 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on International Bancshares and its competitors.
Is International Bancshares' Cyclically Adjusted Revenue per Share too high?
International Bancshares' current Cyclically Adjusted Revenue per Share is MXN243.10. Overall, International Bancshares has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does International Bancshares' Cyclically Adjusted Revenue per Share compare to SFBS and FULT?
International Bancshares' Cyclically Adjusted Revenue per Share of MXN243.10 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Banks company?
A good Cyclically Adjusted Revenue per Share depends on the Banks industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on International Bancshares and its competitors. International Bancshares's current Cyclically Adjusted Revenue per Share is MXN243.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Bancshares stock overvalued right now?
International Bancshares (MEX:IBOC) has a current Cyclically Adjusted Revenue per Share of MXN243.10. The stock's GF Value™ is MXN1,356.52, compared to a current price of MXN1,495.00 — trading 10.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is MXN243.10. International Bancshares' overall GF Score™ is 71/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For International Bancshares (MEX:IBOC), the current Cyclically Adjusted Revenue per Share is MXN243.10 as of Jun. 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 International Bancshares (MEX:IBOC) Overvalued in 2026?

Based on GuruFocus' analysis, International Bancshares stock appears to be overvalued. The current stock price of MXN1,495.00 is trading 10.2% above its estimated GF Value™ of MXN1,356.52.

Key valuation signals for MEX:IBOC:

  • Cyclically Adjusted Revenue per Share: MXN243.10
  • GF Value™: MXN1,356.52 vs. price of MXN1,495.00 (10.2% above fair value)
  • GF Score™: 71/100 with 6 warning signs

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


International Bancshares Business Description

Other Exchanges IBOC:USAIB4:Germany
Address 1200 San Bernardo Avenue, Laredo, TX, USA, 78042-1359
International Bancshares Corp is a registered multibank financial holding company providing a diversified range of commercial and retail banking services in its main banking and branch facilities located in north, south, central, and southeast Texas and the State of Oklahoma.. The company provides commercial and retail banking services in Texas and Oklahoma. The services provided by the bank include checking, savings, bank cards, lending, insurance, mortgage, investments, and other services.
71GF Score

Get the complete analysis for MEX:IBOC

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

MXN1,495.00
Price
MXN1,356.52
GF Value