MATX (Matson) Cyclically Adjusted Book per Share: $48.45 (As of Jun. 2026)

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MATX Matson Inc MATX
82 GF Score
Price $217.30
GF Value $151.85
Valuation Significantly Overvalued
! 9 Warning Signs
View Full Analysis

What is Matson Cyclically Adjusted Book per Share?

Matson MATX +1.66% 82 Cyclically Adjusted Book per Share is $48.45 as of Jun. 2026. GuruFocus rates MATX with a GF Score™ of 82/100 and a GF Value™ of $151.85 (Significantly Overvalued). The stock has 9 warning signs investors should review.

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.

Matson's adjusted book value per share for the three months ended in Jun. 2026 was $92.737. 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 $48.45 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Matson's average Cyclically Adjusted Book Growth Rate was 23.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 26.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 24.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.20% 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 Matson was 29.50% per year. The lowest was -6.80% per year. And the median was 1.80% per year.

As of today (2026-08-16), Matson's current stock price is $217.30. Matson's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $48.45. Matson's Cyclically Adjusted PB Ratio of today is 4.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Matson was 7.53. The lowest was 1.20. And the median was 3.00.


Matson  (NYSE:MATX) 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.

Matson's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=217.30/48.45
=4.49

* 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 Matson was 7.53. The lowest was 1.20. And the median was 3.00.


Be Aware

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


Matson Cyclically Adjusted Book per Share Related Terms


Matson Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Matson'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.

Matson Cyclically Adjusted Book per Share Chart

Matson Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.14 21.40 27.86 35.06 43.23

Matson Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 39.32 41.42 43.23 45.96 48.45

MATX vs KEX, SBLK, ZIM: Cyclically Adjusted Book per Share Comparison

For the Marine Shipping subindustry, Matson'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.


Matson Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


MATX
82GF Score
Matson Inc MATX
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Matson 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, Matson's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=92.737/333.9520*333.9520
=92.737

Current CPI (Jun. 2026) = 333.9520.

Matson Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.719 241.428 14.827
201612 11.536 241.432 15.957
201703 10.810 243.801 14.807
201706 11.035 244.955 15.044
201709 12.217 246.819 16.530
201712 15.934 246.524 21.585
201803 15.998 249.554 21.408
201806 16.383 251.989 21.712
201809 17.415 252.439 23.038
201812 17.689 251.233 23.513
201903 17.816 254.202 23.405
201906 17.856 256.143 23.280
201909 18.609 256.759 24.204
201912 18.781 256.974 24.407
202003 18.592 258.115 24.055
202006 18.932 257.797 24.525
202009 20.702 260.280 26.562
202012 22.250 260.474 28.527
202103 23.688 264.877 29.865
202106 26.986 271.696 33.170
202109 31.995 274.310 38.952
202112 40.668 278.802 48.713
202203 47.130 287.504 54.744
202206 54.734 296.311 61.687
202209 60.840 296.808 68.454
202212 63.275 296.797 71.196
202303 63.315 301.836 70.052
202306 64.893 305.109 71.028
202309 68.421 307.789 74.237
202312 69.788 306.746 75.978
202403 69.474 312.332 74.283
202406 71.429 314.175 75.925
202409 76.986 315.301 81.540
202412 80.364 315.605 85.036
202503 80.662 319.799 84.232
202506 82.356 322.561 85.264
202509 86.251 324.800 88.681
202512 90.757 324.054 93.529
202603 90.212 330.213 91.233
202606 92.737 333.952 92.737

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

What does a Cyclically Adjusted Book per Share of $48.45 mean?
Matson (MATX) has a Cyclically Adjusted Book per Share of $48.45 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Matson and its competitors.
Is Matson's Cyclically Adjusted Book per Share too high?
Matson's current Cyclically Adjusted Book per Share is $48.45. Overall, Matson has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Matson's Cyclically Adjusted Book per Share compare to KEX and SBLK?
Matson's Cyclically Adjusted Book per Share of $48.45 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Transportation company?
A good Cyclically Adjusted Book per Share depends on the Transportation industry context. However, Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Matson and its competitors. Matson's current Cyclically Adjusted Book per Share is $48.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Matson stock overvalued right now?
Based on GuruFocus' analysis, Matson (MATX) is currently considered Significantly Overvalued. The stock's GF Value™ is $151.85, compared to a current price of $217.30 — trading 43.1% above its estimated fair value. The current Cyclically Adjusted Book per Share is $48.45. Matson's overall GF Score™ is 82/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Matson (MATX), the current Cyclically Adjusted Book per Share is $48.45 as of Jun. 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 Matson (MATX) Overvalued in 2026?

Based on GuruFocus' analysis, Matson stock appears to be overvalued. The current stock price of $217.30 is trading 43.1% above its estimated GF Value™ of $151.85. GuruFocus considers Matson to be Significantly Overvalued.

Key valuation signals for MATX:

  • Cyclically Adjusted Book per Share: $48.45
  • GF Value™: $151.85 vs. price of $217.30 (43.1% above fair value)
  • GF Score™: 82/100 with 9 warning signs

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


Matson Business Description

Other Exchanges 68M:Germany
Address 1411 Sand Island Parkway, Honolulu, HI, USA, 96819
Matson Inc is engaged in providing ocean transportation and logistics services. The company has two reportable business segments: Ocean Transportation and Logistics. The Ocean Transportation segment provides ocean freight transportation services to the domestic non-contiguous economies of Hawaii, Alaska, California, Okinawa, and different islands in the South Pacific. The Logistics segment offers long-haul and regional highway trucking services, warehousing and distribution services, supply chain management, and freight forwarding services. The firm generates the majority of its revenue from the Ocean Transportation segment.
82GF Score

Get the complete analysis for MATX

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$217.30
Price
$151.85
GF Value