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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Cyclically Adjusted Book per Share : $11.39 (As of Mar. 2024)


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What is Fomento Economico MexicanoB de CV Cyclically Adjusted Book per Share?

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 Book per Share and 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.

Fomento Economico MexicanoB de CV's adjusted book value per share for the three months ended in Mar. 2024 was $9.190. 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 $11.39 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fomento Economico MexicanoB de CV's average Cyclically Adjusted Book Growth Rate was 109.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 58.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.50% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Fomento Economico MexicanoB de CV was 109.90% per year. The lowest was -28.30% per year. And the median was 4.10% per year.

As of today (2024-05-03), Fomento Economico MexicanoB de CV's current stock price is $117.56. Fomento Economico MexicanoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.39. Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio of today is 10.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fomento Economico MexicanoB de CV was 19.28. The lowest was 0.06. And the median was 1.14.


Fomento Economico MexicanoB de CV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fomento Economico MexicanoB de CV's Cyclically Adjusted Book 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.

* Premium members only.

Fomento Economico MexicanoB de CV Cyclically Adjusted Book per Share Chart

Fomento Economico MexicanoB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.64 5.81 5.78 15.00 9.90

Fomento Economico MexicanoB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book 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 14.48 13.29 9.73 9.90 11.39

Competitive Comparison of Fomento Economico MexicanoB de CV's Cyclically Adjusted Book per Share

For the Beverages - Brewers subindustry, Fomento Economico MexicanoB 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.


Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio falls into.



Fomento Economico MexicanoB de CV Cyclically Adjusted Book 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 Book per Share and 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.

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

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

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

For example, Fomento Economico MexicanoB de CV's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.19/151.0167*151.0167
=9.190

Current CPI (Mar. 2024) = 151.0167.

Fomento Economico MexicanoB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.901 96.609 10.787
201409 6.834 97.652 10.569
201412 6.460 99.469 9.808
201503 5.626 99.973 8.499
201506 5.845 99.382 8.882
201509 5.805 100.112 8.757
201512 5.901 101.588 8.772
201603 5.798 102.573 8.536
201606 5.961 101.905 8.834
201609 5.999 103.084 8.788
201612 5.745 105.002 8.263
201703 5.972 108.063 8.346
201706 6.203 108.339 8.647
201709 7.359 109.628 10.137
201712 7.123 112.114 9.595
201803 6.950 113.505 9.247
201806 6.773 113.373 9.022
201809 7.061 115.130 9.262
201812 7.317 117.530 9.402
201903 7.006 118.050 8.963
201906 7.369 117.848 9.443
201909 7.317 118.581 9.318
201912 7.468 120.854 9.332
202003 6.533 121.885 8.094
202006 6.048 121.777 7.500
202009 6.214 123.341 7.608
202012 6.680 124.661 8.092
202103 6.300 127.574 7.458
202106 6.635 128.936 7.771
202109 6.951 130.742 8.029
202112 7.155 133.830 8.074
202203 7.357 137.082 8.105
202206 6.899 139.233 7.483
202209 7.168 142.116 7.617
202212 7.529 144.291 7.880
202303 8.867 146.472 9.142
202306 9.341 146.272 9.644
202309 9.649 148.446 9.816
202312 10.006 151.017 10.006
202403 9.190 151.017 9.190

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Fomento Economico MexicanoB de CV  (NYSE:FMX) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 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.

Fomento Economico MexicanoB de CV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=117.56/11.39
=10.32

* 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 PB Ratio of Fomento Economico MexicanoB de CV was 19.28. The lowest was 0.06. And the median was 1.14.


Be Aware

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


Fomento Economico MexicanoB de CV Cyclically Adjusted Book per Share Related Terms

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Fomento Economico MexicanoB de CV (Fomento Economico MexicanoB de CV) Business Description

Address
General Anaya No. 601 Pte., Colonia Bella Vista, Monterrey, NL, MEX, 64410
Mexico-based Femsa is a beverage and retail conglomerate in Central and South America. The holding company owns controlling stakes in bottler Coca-Cola Femsa (47% economic stake, 56% voting rights), in addition to operating 100%-owned retail assets, including convenience stores under the Oxxo banner, drugstores, and gas stations. The firm has digested its 15% stake in Heineken and its distribution business in 2023. Coca-Cola Femsa and the Oxxo chain made up 70% of total company revenue and around 75% of profits in 2022.