AMKBF (A P Moller Maersk AS) Cyclically Adjusted PB Ratio: 0.89 (As of Jul. 02, 2026) — Near Median


AMKBF A P Moller Maersk AS AMKBF
21 GF Score
Price $2,367.19
GF Value $1,913.70
Valuation Modestly Overvalued
! 6 Warning Signs
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What is A P Moller Maersk AS Cyclically Adjusted PB Ratio?

A P Moller Maersk AS AMKBF 21 Cyclically Adjusted PB Ratio is 0.89 as of Jul. 02, 2026, which is 5% above its 10-year median of 0.85. GuruFocus rates AMKBF with a GF Score™ of 21/100 and a GF Value™ of $1,913.70 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 739 Transportation companies, A P Moller Maersk AS ranks better than 65.22% on this metric.

As of today (2026-07-02), A P Moller Maersk AS's current share price is $2367.188. A P Moller Maersk AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2,662.98. A P Moller Maersk AS's Cyclically Adjusted PB Ratio for today is 0.89.

The historical rank and industry rank for A P Moller Maersk AS's Cyclically Adjusted PB Ratio or its related term are showing as below:

AMKBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.85   Max: 2.12
Current: 0.91

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

AMKBF's Cyclically Adjusted PB Ratio is ranked better than
65.22% of 739 companies
in the Transportation industry
Industry Median: 1.23 vs AMKBF: 0.91

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 adjusted book value per share data for the three months ended in Mar. 2026 was $3,716.631. 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 $2,662.98 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


A P Moller Maersk AS  (OTCPK:AMKBF) 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.


A P Moller Maersk AS Cyclically Adjusted PB Ratio Related Terms


A P Moller Maersk AS Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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

A P Moller Maersk AS Cyclically Adjusted PB Ratio Chart

A P Moller Maersk AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 1.16 0.83 0.77 0.87

A P Moller Maersk AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.75 0.72 0.75 0.87 0.94

A P Moller Maersk AS Cyclically Adjusted PB Ratio Competitor Comparison

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 Cyclically Adjusted PB Ratio vs 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.


AMKBF
21GF Score
A P Moller Maersk AS AMKBF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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A P Moller Maersk AS 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2367.188/2662.98
=0.89

* 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.

A P Moller Maersk AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, A P Moller Maersk AS's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=3716.631/121.2000*121.2000
=3,716.631

Current CPI (Mar. 2026) = 121.2000.

A P Moller Maersk AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 1,638.810 100.600 1,974.391
201609 1,662.407 100.200 2,010.816
201612 1,507.209 100.300 1,821.273
201703 1,515.454 101.200 1,814.951
201706 1,519.986 101.200 1,820.378
201709 1,451.195 101.800 1,727.749
201712 1,474.706 101.300 1,764.406
201803 1,614.184 101.700 1,923.688
201806 1,581.519 102.300 1,873.706
201809 1,606.474 102.400 1,901.413
201812 1,570.685 102.100 1,864.515
201903 1,544.977 102.900 1,819.740
201906 1,369.191 102.900 1,612.691
201909 1,384.801 102.900 1,631.078
201912 1,398.258 102.900 1,646.928
202003 1,373.795 103.300 1,611.849
202006 1,410.195 103.200 1,656.159
202009 1,466.746 103.500 1,717.581
202012 1,538.105 103.400 1,802.885
202103 1,605.129 104.300 1,865.212
202106 1,773.207 105.000 2,046.788
202109 2,055.791 105.800 2,355.027
202112 2,379.344 106.600 2,705.220
202203 2,368.629 109.900 2,612.173
202206 2,809.916 113.600 2,997.903
202209 3,296.005 116.400 3,431.923
202212 3,632.138 115.900 3,798.232
202303 3,168.702 117.300 3,274.055
202306 3,283.408 116.400 3,418.806
202309 3,334.184 117.400 3,442.105
202312 3,380.255 116.700 3,510.599
202403 3,318.620 118.400 3,397.101
202406 3,301.154 118.500 3,376.370
202409 3,521.339 118.900 3,589.456
202412 3,623.210 118.900 3,693.297
202503 3,571.088 120.200 3,600.798
202506 3,676.079 120.700 3,691.307
202509 3,772.682 121.600 3,760.272
202512 3,789.269 121.200 3,789.269
202603 3,716.631 121.200 3,716.631

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.

What does a Cyclically Adjusted PB Ratio of 0.89 mean?
A P Moller Maersk AS (AMKBF) has a Cyclically Adjusted PB Ratio of 0.89 as of Jul. 02, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on A P Moller Maersk AS and its competitors. This is near median its historical median of 0.85. Over the past decade, A P Moller Maersk AS's Cyclically Adjusted PB Ratio has ranged from 0.51 to 2.12. According to the industry distribution chart, A P Moller Maersk AS ranks #257 out of 739 companies in the Transportation industry, placing it in the top 34.8%.
Is A P Moller Maersk AS's Cyclically Adjusted PB Ratio too high?
A P Moller Maersk AS's current Cyclically Adjusted PB Ratio of 0.89 is near median its 10-year median of 0.85. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 2.12. The Transportation industry median Cyclically Adjusted PB Ratio is 1.23. A P Moller Maersk AS's value of 0.89 is 27.6% below this industry median. Based on the distribution chart, A P Moller Maersk AS ranks #257 out of 739 companies in the Transportation industry, which is above the industry midpoint. Overall, A P Moller Maersk AS has a GF Score™ of 21/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does A P Moller Maersk AS's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, A P Moller Maersk AS ranks #257 out of 739 companies for Cyclically Adjusted PB Ratio. This puts A P Moller Maersk AS in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. A P Moller Maersk AS's value of 0.89 is 27.6% below this benchmark. Historically, A P Moller Maersk AS's own Cyclically Adjusted PB Ratio has ranged from 0.51 to 2.12 over the past decade. While the company's 10-year median is 0.85 vs. the industry median of 1.23, A P Moller Maersk AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.23, based on 739 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. A P Moller Maersk AS's current Cyclically Adjusted PB Ratio of 0.89 is 27.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on A P Moller Maersk AS and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A P Moller Maersk AS's current Cyclically Adjusted PB Ratio is 0.89, which is near median its own 10-year median of 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A P Moller Maersk AS stock overvalued right now?
Based on GuruFocus' analysis, A P Moller Maersk AS (AMKBF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1,913.70, compared to a current price of $2,367.19 — trading 23.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.89, which is near median its 10-year median of 0.85 and 27.6% below the Transportation industry median of 1.23. A P Moller Maersk AS's overall GF Score™ is 21/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For A P Moller Maersk AS (AMKBF), the current Cyclically Adjusted PB Ratio is 0.89 as of Jul. 02, 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 A P Moller Maersk AS (AMKBF) Overvalued in 2026?

Based on GuruFocus' analysis, A P Moller Maersk AS stock appears to be overvalued. The current stock price of $2,367.19 is trading 23.7% above its estimated GF Value™ of $1,913.70. GuruFocus considers A P Moller Maersk AS to be Modestly Overvalued.

Key valuation signals for AMKBF:

  • Cyclically Adjusted PB Ratio: 0.89 (near median its 10-year median of 0.85)
  • GF Value™: $1,913.70 vs. price of $2,367.19 (23.7% above fair value)
  • GF Score™: 21/100 with 6 warning signs
  • Industry Position: 27.6% below the Transportation median (#257 of 739)

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


A P Moller Maersk AS Business Description

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, including its long-standing stakes in Danske Bank and Dansk Supermarked, as well as its oil and gas operations and ocean towing.
21GF Score

Get the complete analysis for AMKBF

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

$2,367.19
Price
$1,913.70
GF Value