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Navios Maritime Holdings (Navios Maritime Holdings) Cyclically Adjusted PB Ratio : 0.04 (As of May. 06, 2024)


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What is Navios Maritime Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-06), Navios Maritime Holdings's current share price is $2.27. Navios Maritime Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $51.37. Navios Maritime Holdings's Cyclically Adjusted PB Ratio for today is 0.04.

The historical rank and industry rank for Navios Maritime Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

NM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.51   Med: 17.78   Max: 41.08
Current: 8.27

During the past years, Navios Maritime Holdings's highest Cyclically Adjusted PB Ratio was 41.08. The lowest was 3.51. And the median was 17.78.

NM's Cyclically Adjusted PB Ratio is ranked worse than
96.41% of 696 companies
in the Transportation industry
Industry Median: 1.26 vs NM: 8.27

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.

Navios Maritime Holdings's adjusted book value per share data for the three months ended in Sep. 2023 was $5.840. 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 $51.37 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Navios Maritime Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Navios Maritime Holdings'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.

Navios Maritime Holdings Cyclically Adjusted PB Ratio Chart

Navios Maritime Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.18 19.63 22.48 19.57 26.60

Navios Maritime Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 24.37 26.60 37.50 40.08 36.98

Competitive Comparison of Navios Maritime Holdings's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Navios Maritime Holdings'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.


Navios Maritime Holdings's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Navios Maritime Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Navios Maritime Holdings's Cyclically Adjusted PB Ratio falls into.



Navios Maritime Holdings 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.

Navios Maritime Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.27/51.37
=0.04

* 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.

Navios Maritime Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Navios Maritime Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=5.84/129.8595*129.8595
=5.840

Current CPI (Sep. 2023) = 129.8595.

Navios Maritime Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201312 102.214 98.326 134.995
201403 106.193 99.695 138.324
201406 102.327 100.560 132.142
201409 110.051 100.428 142.303
201412 108.943 99.070 142.801
201503 104.261 99.621 135.908
201506 100.302 100.684 129.367
201509 97.049 100.392 125.536
201512 89.524 99.792 116.497
201603 89.530 100.470 115.719
201606 87.255 101.688 111.428
201609 84.822 101.861 108.137
201612 57.908 101.863 73.824
201703 53.835 102.862 67.965
201706 49.703 103.349 62.452
201709 47.403 104.136 59.113
201712 42.870 104.011 53.524
201803 38.201 105.290 47.115
201806 36.267 106.317 44.298
201809 36.216 106.507 44.157
201812 19.616 105.998 24.032
201903 18.272 107.251 22.124
201906 14.697 108.070 17.660
201909 11.570 108.329 13.869
201912 3.282 108.420 3.931
202003 -0.208 108.902 -0.248
202006 -2.804 108.767 -3.348
202009 -2.991 109.815 -3.537
202012 -8.914 109.897 -10.533
202103 -10.475 111.754 -12.172
202106 -7.307 114.631 -8.278
202109 -1.040 115.734 -1.167
202112 0.500 117.630 0.552
202203 0.282 121.301 0.302
202206 2.254 125.017 2.341
202209 3.969 125.227 4.116
202212 3.894 125.222 4.038
202303 4.528 127.348 4.617
202306 5.208 128.729 5.254
202309 5.840 129.860 5.840

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.


Navios Maritime Holdings  (NYSE:NM) 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.


Navios Maritime Holdings Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Navios Maritime Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Navios Maritime Holdings (Navios Maritime Holdings) Business Description

Traded in Other Exchanges
Address
90 North Church Street, P.O. Box 309, Strathvale House, Grand Cayman, CYM, KY1-1104
Navios Maritime Holdings Inc is a shipping company which provides transportation, trading, storage, and logistics services for bulk cargoes. It operates a diverse portfolio of Capesize, Panamax, ultra-handymax and handy size bulk carriers. The company has two reportable segments namely the Dry Bulk Vessel Operations segment, the Logistics Business segment. Geographically, the company generates a majority of its revenue from South America.
Executives
North Sound Capital Llc 10 percent owner 20 HORSENECK LANE, GREENWICH CT 06830
Robert Shaw officer: President C/O NAVIOS MARITIME HOLDINGS INC., 20 MARSHALL STREET, SUITE 200, SOUTH NORWALK CT 06854
Bruce Hoag officer: Chief Financial Officer C/O NAVIOS MARITIME HOLDINGS INC., 20 MARSHALL STREET, SUITE 200, SOUTH NORWALK CT 06854

Navios Maritime Holdings (Navios Maritime Holdings) Headlines

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