Industrias ChB de CVMEX:ICHB 64 Pretax Margin % is 22.89% as of Mar. 2026, which is 63% above its 10-year median of 14.04. GuruFocus rates MEX:ICHB with a GF Score™ of 64/100 and a GF Value™ of MXN166.34 (Fairly Valued). The stock has 4 warning signs investors should review. Among 612 Steel companies, Industrias ChB de CV ranks better than 81.05% on this metric.
The historical rank and industry rank for Industrias ChB de CV's Pretax Margin % or its related term are showing as below:
MEX:ICHB'
s Pretax Margin % Range Over the Past 10 Years
Min: 5.62 Med: 14.04 Max: 36.63
Current: 9.36
MEX:ICHB's Pretax Margin % is ranked better than 81.05% of 612
companies
in the Steel industry
Industry Median: 2.57
vs MEX:ICHB: 9.36
Industrias ChB de CV (MEX:ICHB) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Industrias ChB de CV Pretax Margin % Related Terms
Industrias ChB de CV Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Industrias ChB de CV's Pretax Margin % 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.
MEX:ICHB vs NUE, STLD, RS: Pretax Margin % Comparison
For the Steel subindustry, Industrias ChB de CV's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.
Industrias ChB de CV Pretax Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Industrias ChB de CV's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Industrias ChB de CV's Pretax Margin % falls into.
* 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.
Industrias ChB de CV (MEX:ICHB) has a Pretax Margin % of 22.89% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Industrias ChB de CV and its competitors. This is 63% above median its historical median of 14.04. Over the past decade, Industrias ChB de CV's Pretax Margin % has ranged from 5.62 to 36.63. According to the industry distribution chart, Industrias ChB de CV ranks #116 out of 612 companies in the Steel industry, placing it in the top 19%.
Is Industrias ChB de CV's Pretax Margin % too high?
Industrias ChB de CV's current Pretax Margin % of 22.89% is 63% above median its 10-year median of 14.04. Over the past 10 years, this metric has ranged from a low of 5.62 to a high of 36.63. The Steel industry median Pretax Margin % is 2.57. Industrias ChB de CV's value of 22.89% is 790.7% above this industry median. Based on the distribution chart, Industrias ChB de CV ranks #116 out of 612 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Industrias ChB de CV has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Industrias ChB de CV's Pretax Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Industrias ChB de CV ranks #116 out of 612 companies for Pretax Margin %. This places Industrias ChB de CV in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 2.57. Industrias ChB de CV's value of 22.89% is 790.7% above this benchmark. Historically, Industrias ChB de CV's own Pretax Margin % has ranged from 5.62 to 36.63 over the past decade. While the company's 10-year median is 14.04 vs. the industry median of 2.57, Industrias ChB de CV 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 Pretax Margin % for a Steel company?
The median Pretax Margin % among Steel companies is 2.57, based on 612 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Industrias ChB de CV's current Pretax Margin % of 22.89% is 790.7% 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Industrias ChB de CV and its competitors. For the Steel industry, the median Pretax Margin % is 2.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industrias ChB de CV's current Pretax Margin % is 22.89%, which is 63% above median its own 10-year median of 14.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrias ChB de CV stock overvalued right now?
Based on GuruFocus' analysis, Industrias ChB de CV (MEX:ICHB) is currently considered Fairly Valued. The stock's GF Value™ is MXN166.34, compared to a current price of MXN180.00 — trading 8.2% above its estimated fair value. The current Pretax Margin % is 22.89%, which is 63% above median its 10-year median of 14.04 and 790.7% above the Steel industry median of 2.57. Industrias ChB de CV's overall GF Score™ is 64/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Industrias ChB de CV (MEX:ICHB), the current Pretax Margin % is 22.89% as of Mar. 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 Industrias ChB de CV (MEX:ICHB) Overvalued in 2026?
Based on GuruFocus' analysis, Industrias ChB de CV stock appears to be overvalued.
The current stock price of MXN180.00 is trading 8.2% above its estimated GF Value™ of MXN166.34.
GuruFocus considers Industrias ChB de CV to be Fairly Valued.
Key valuation signals for MEX:ICHB:
Pretax Margin %: 22.89% (63% above median its 10-year median of 14.04)
GF Value™: MXN166.34 vs. price of MXN180.00 (8.2% above fair value)
Industry Position: 790.7% above the Steel median (#116 of 612)
No single metric tells the full story. See the MEX:ICHB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrias Ch SAB de CV is a Mexican company. It acts as a producer of special steels in Mexico and the United States. The company's products include Billet, pipes, cylindrical and corrugated steel rods, structural profiles, commercial profiles, barbed wires, and wire rods and rod derivatives.
64GF Score
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