Michelin (MEX:ML) ROE % Adjusted to Book Value: 6.93% (As of Dec. 2025)


MEX:ML Michelin MEX:ML
84 GF Score
Price MXN733.29
GF Value MXN652.58
! 6 Warning Signs
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What is Michelin ROE % Adjusted to Book Value?

Michelin MEX:ML 84 ROE % Adjusted to Book Value is 6.93% as of Dec. 2025. GuruFocus rates MEX:ML with a GF Score™ of 84/100 and a GF Value™ of MXN652.58. The stock has 6 warning signs investors should review.

Michelin's ROE % for the quarter that ended in Dec. 2025 was 9.15%. Michelin's PB Ratio for the quarter that ended in Dec. 2025 was 1.32. Michelin's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 was 6.93%.

Michelin ROE % Adjusted to Book Value Related Terms

Michelin ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Michelin's ROE % Adjusted to Book Value 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.

Michelin ROE % Adjusted to Book Value Chart

Michelin Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.75 10.73 9.15 10.50 6.75

Michelin Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROE % Adjusted to Book Value 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 7.39 10.85 7.90 6.83 6.93

MEX:ML vs ORLY, AZO: ROE % Adjusted to Book Value Comparison

For the Auto Parts subindustry, Michelin's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Michelin ROE % Adjusted to Book Value vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Michelin's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Michelin's ROE % Adjusted to Book Value falls into.


MEX:ML
84GF Score
Michelin MEX:ML
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Michelin ROE % Adjusted to Book Value Calculation

Michelin's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=8.91% / 1.32
=6.75%

Michelin's ROE % Adjusted to Book Value for the quarter that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=9.15% / 1.32
=6.93%

* 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.

What does a ROE % Adjusted to Book Value of 6.93% mean?
Michelin (MEX:ML) has a ROE % Adjusted to Book Value of 6.93% as of Dec. 2025. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Michelin and its competitors.
Is Michelin's ROE % Adjusted to Book Value too high?
Michelin's current ROE % Adjusted to Book Value is 6.93%. Overall, Michelin has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Michelin's ROE % Adjusted to Book Value compare to ORLY and AZO?
Michelin's ROE % Adjusted to Book Value of 6.93% can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Vehicles & Parts company?
A good ROE % Adjusted to Book Value depends on the Vehicles & Parts industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Michelin and its competitors. Michelin's current ROE % Adjusted to Book Value is 6.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Michelin stock overvalued right now?
Michelin (MEX:ML) has a current ROE % Adjusted to Book Value of 6.93%. The stock's GF Value™ is MXN652.58, compared to a current price of MXN733.29 — trading 12.4% above its estimated fair value. The current ROE % Adjusted to Book Value is 6.93%. Michelin's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Michelin (MEX:ML), the current ROE % Adjusted to Book Value is 6.93% as of Dec. 2025. 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 Michelin (MEX:ML) Overvalued in 2026?

Based on GuruFocus' analysis, Michelin stock appears to be overvalued. The current stock price of MXN733.29 is trading 12.4% above its estimated GF Value™ of MXN652.58.

Key valuation signals for MEX:ML:

  • ROE % Adjusted to Book Value: 6.93%
  • GF Value™: MXN652.58 vs. price of MXN733.29 (12.4% above fair value)
  • GF Score™: 84/100 with 6 warning signs

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

Michelin Business Description

Address 23, Place des Carmes, Dechaux, Puy-de-Dome, Clermont-Ferrand, FRA, 63000
Michelin manufactures tires for passenger vehicles. The company also makes tires for all types of commercial vehicles as well as bicycle, motorcycle, earthmover, aviation, and agricultural tires. Its operations are organized into three operating segments namely Automotive and two-wheel; Road transportation; and Specialty businesses. The company generates maximum revenue from Automotive segments. The Specialty businesses include the Mining, Beyond-road, Two-wheel and Aircraft tire activities, as well as the High-Tech Materials activities. The Services & Solutions businesses are included for the majority part in the Road transportation and related distribution segment.
84GF Score

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ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN733.29
Price
MXN652.58
GF Value