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AMKBF (A P Moller Maersk AS) Cyclically Adjusted Book per Share : $2,317.80 (As of Mar. 2025)


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What is A P Moller Maersk AS 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.

A P Moller Maersk AS's adjusted book value per share for the three months ended in Mar. 2025 was $3,571.088. 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 $2,317.80 for the trailing ten years ended in Mar. 2025.

During the past 12 months, A P Moller Maersk AS's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.60% 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 A P Moller Maersk AS was 12.40% per year. The lowest was 3.10% per year. And the median was 9.60% per year.

As of today (2025-05-19), A P Moller Maersk AS's current stock price is $1876.00. A P Moller Maersk AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $2,317.80. A P Moller Maersk AS's Cyclically Adjusted PB Ratio of today is 0.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of A P Moller Maersk AS was 2.12. The lowest was 0.51. And the median was 0.85.


A P Moller Maersk AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for A P Moller Maersk AS'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.

A P Moller Maersk AS Cyclically Adjusted Book per Share Chart

A P Moller Maersk AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,688.54 1,669.01 1,900.26 2,096.31 2,155.67

A P Moller Maersk AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2,194.21 2,171.52 2,202.70 2,155.67 2,317.80

Competitive Comparison of A P Moller Maersk AS's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, A P Moller Maersk AS'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.


A P Moller Maersk AS's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A P Moller Maersk AS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where A P Moller Maersk AS's Cyclically Adjusted PB Ratio falls into.


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A P Moller Maersk AS 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, A P Moller Maersk AS's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3571.088/120.2000*120.2000
=3,571.088

Current CPI (Mar. 2025) = 120.2000.

A P Moller Maersk AS Quarterly Data

Book Value per Share CPI Adj_Book
201506 1,752.330 100.300 2,100.001
201509 1,779.342 100.200 2,134.500
201512 1,661.788 99.800 2,001.472
201603 1,689.996 100.200 2,027.321
201606 1,638.810 100.600 1,958.101
201609 1,662.407 100.200 1,994.225
201612 1,507.209 100.300 1,806.246
201703 1,515.454 101.200 1,799.976
201706 1,519.986 101.200 1,805.359
201709 1,451.195 101.800 1,713.494
201712 1,474.706 101.300 1,749.849
201803 1,614.184 101.700 1,907.816
201806 1,581.519 102.300 1,858.246
201809 1,606.474 102.400 1,885.724
201812 1,570.685 102.100 1,849.132
201903 1,544.977 102.900 1,804.725
201906 1,369.191 102.900 1,599.385
201909 1,384.801 102.900 1,617.620
201912 1,398.258 102.900 1,633.339
202003 1,373.795 103.300 1,598.549
202006 1,410.195 103.200 1,642.495
202009 1,466.746 103.500 1,703.409
202012 1,538.105 103.400 1,788.010
202103 1,605.129 104.300 1,849.823
202106 1,773.207 105.000 2,029.900
202109 2,055.791 105.800 2,335.596
202112 2,379.344 106.600 2,682.900
202203 2,368.629 109.900 2,590.621
202206 2,809.916 113.600 2,973.168
202209 3,296.005 116.400 3,403.607
202212 3,632.138 115.900 3,766.894
202303 3,168.702 117.300 3,247.042
202306 3,283.408 116.400 3,390.598
202309 3,334.184 117.400 3,413.705
202312 3,380.255 116.700 3,481.634
202403 3,318.620 118.400 3,369.072
202406 3,301.154 118.500 3,348.512
202409 3,521.339 118.900 3,559.840
202412 3,623.210 118.900 3,662.825
202503 3,571.088 120.200 3,571.088

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


A P Moller Maersk AS  (OTCPK:AMKBF) 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.

A P Moller Maersk AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1876.00/2317.80
=0.81

* 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 A P Moller Maersk AS was 2.12. The lowest was 0.51. And the median was 0.85.


Be Aware

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


A P Moller Maersk AS Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of A P Moller Maersk AS's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


A P Moller Maersk AS Business Description

Industry
Address
Esplanaden 50, Copenhagen, DNK, 1263
Denmark-listed A.P. Moller-Maersk operates trade, shipping, logistics and terminal assets globally. The oceans segment, the largest contributor to group revenue and earnings, has the second-largest oceangoing shipping capacity globally. Maersk has acquired several logistics firms in the past couple of years and plans for the segment to be the company's growth engine. Over the past few years, Maersk has divested noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations and ocean towing.

A P Moller Maersk AS Headlines