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Genco Shipping & Trading (Genco Shipping & Trading) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is Genco Shipping & Trading Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Genco Shipping & Trading's adjusted book value per share for the three months ended in Mar. 2024 was $12.553. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Genco Shipping & Trading's average Cyclically Adjusted Book Growth Rate was -24.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -20.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -18.00% 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 Genco Shipping & Trading was -0.60% per year. The lowest was -20.50% per year. And the median was -12.60% per year.

As of today (2024-05-16), Genco Shipping & Trading's current stock price is $0.785. Genco Shipping & Trading's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. Genco Shipping & Trading's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Genco Shipping & Trading was 0.76. The lowest was 0.02. And the median was 0.07.


Genco Shipping & Trading Cyclically Adjusted Book per Share Historical Data

The historical data trend for Genco Shipping & Trading'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.

Genco Shipping & Trading Cyclically Adjusted Book per Share Chart

Genco Shipping & Trading Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Genco Shipping & Trading Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Genco Shipping & Trading's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, Genco Shipping & Trading'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.


Genco Shipping & Trading's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Genco Shipping & Trading's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Genco Shipping & Trading's Cyclically Adjusted PB Ratio falls into.



Genco Shipping & Trading 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, Genco Shipping & Trading'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)
=12.553/131.7762*131.7762
=12.553

Current CPI (Mar. 2024) = 131.7762.

Genco Shipping & Trading Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.967 100.560 24.855
201409 19.678 100.428 25.820
201412 16.967 99.070 22.568
201503 16.562 99.621 21.908
201506 16.033 100.684 20.984
201509 15.776 100.392 20.708
201512 15.171 99.792 20.033
201603 14.510 100.470 19.031
201606 13.055 101.688 16.918
201609 12.731 101.861 16.470
201612 12.468 101.863 16.129
201703 13.920 102.862 17.833
201706 13.743 103.349 17.523
201709 13.332 104.136 16.871
201712 13.375 104.011 16.945
201803 12.607 105.290 15.778
201806 14.105 106.317 17.483
201809 14.192 106.507 17.559
201812 14.448 105.998 17.962
201903 14.348 107.251 17.629
201906 13.882 108.070 16.927
201909 13.690 108.329 16.653
201912 13.421 108.420 16.312
202003 11.676 108.902 14.129
202006 11.421 108.767 13.837
202009 11.128 109.815 13.353
202012 10.219 109.897 12.254
202103 10.244 111.754 12.079
202106 10.662 114.631 12.257
202109 11.395 115.734 12.974
202112 12.573 117.630 14.085
202203 12.809 121.301 13.915
202206 13.031 125.017 13.736
202209 13.330 125.227 14.027
202212 13.270 125.222 13.965
202303 13.010 127.348 13.462
202306 13.084 128.729 13.394
202309 12.554 129.860 12.739
202312 12.527 129.419 12.755
202403 12.553 131.776 12.553

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


Genco Shipping & Trading  (OTCPK:GNKOQ) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Genco Shipping & Trading was 0.76. The lowest was 0.02. And the median was 0.07.


Be Aware

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


Genco Shipping & Trading Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Genco Shipping & Trading's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Genco Shipping & Trading (Genco Shipping & Trading) Business Description

Traded in Other Exchanges
Address
299 Park Avenue, 12th Floor, New York, NY, USA, 10171
Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters.