SODEP -Marsa Maroc (CAS:MSA) Cyclically Adjusted PB Ratio: 21.43 (As of Jul. 14, 2026) — Near Median

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CAS:MSA SODEP -Marsa Maroc SA CAS:MSA
88 GF Score
Price MAD865.00
GF Value MAD551.32
Valuation Significantly Overvalued
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What is SODEP -Marsa Maroc Cyclically Adjusted PB Ratio?

SODEP -Marsa Maroc CAS:MSA 88 Cyclically Adjusted PB Ratio is 21.43 as of Jul. 14, 2026, which is 1% below its 10-year median of 21.54. GuruFocus rates CAS:MSA with a GF Score™ of 88/100 and a GF Value™ of MAD551.32 (Significantly Overvalued). Among 739 Transportation companies, SODEP -Marsa Maroc ranks worse than 99.46% on this metric.

As of today (2026-07-14), SODEP -Marsa Maroc's current share price is MAD865.00. SODEP -Marsa Maroc's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was MAD40.37. SODEP -Marsa Maroc's Cyclically Adjusted PB Ratio for today is 21.43.

The historical rank and industry rank for SODEP -Marsa Maroc's Cyclically Adjusted PB Ratio or its related term are showing as below:

CAS:MSA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 14.82   Med: 21.54   Max: 25.63
Current: 21.42

During the past 11 years, SODEP -Marsa Maroc's highest Cyclically Adjusted PB Ratio was 25.63. The lowest was 14.82. And the median was 21.54.

CAS:MSA's Cyclically Adjusted PB Ratio is ranked worse than
99.46% of 739 companies
in the Transportation industry
Industry Median: 1.24 vs CAS:MSA: 21.42

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.

SODEP -Marsa Maroc's adjusted book value per share data of for the fiscal year that ended in Dec25 was MAD55.155. 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 MAD40.37 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


SODEP -Marsa Maroc  (CAS:MSA) 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.


SODEP -Marsa Maroc Cyclically Adjusted PB Ratio Related Terms


SODEP -Marsa Maroc Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SODEP -Marsa Maroc'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.

SODEP -Marsa Maroc Cyclically Adjusted PB Ratio Chart

SODEP -Marsa Maroc 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 0.00 0.00 0.00 13.72 23.53

SODEP -Marsa Maroc Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 13.72 0.00 23.53

CAS:MSA vs KEX: Cyclically Adjusted PB Ratio Comparison

For the Marine Shipping subindustry, SODEP -Marsa Maroc'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.


SODEP -Marsa Maroc Cyclically Adjusted PB Ratio vs Transportation Industry

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

* The bar in red indicates where SODEP -Marsa Maroc's Cyclically Adjusted PB Ratio falls into.


CAS:MSA
88GF Score
SODEP -Marsa Maroc SA CAS:MSA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SODEP -Marsa Maroc 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.

SODEP -Marsa Maroc's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=865.00/40.37
=21.43

* 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.

SODEP -Marsa Maroc's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, SODEP -Marsa Maroc's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=55.155/324.0540*324.0540
=55.155

Current CPI (Dec25) = 324.0540.

SODEP -Marsa Maroc Annual Data

Book Value per Share CPI Adj_Book
201612 34.461 241.432 46.254
201712 34.612 246.524 45.497
201812 31.492 251.233 40.620
201912 31.346 256.974 39.528
202012 25.622 260.474 31.876
202112 26.701 278.802 31.035
202212 30.629 296.797 33.442
202312 34.241 306.746 36.173
202412 43.008 315.605 44.159
202512 55.155 324.054 55.155

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 21.43 mean?
SODEP -Marsa Maroc (CAS:MSA) has a Cyclically Adjusted PB Ratio of 21.43 as of Jul. 14, 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 SODEP -Marsa Maroc and its competitors. This is near median its historical median of 21.54. Over the past decade, SODEP -Marsa Maroc's Cyclically Adjusted PB Ratio has ranged from 14.82 to 25.63. According to the industry distribution chart, SODEP -Marsa Maroc ranks #735 out of 739 companies in the Transportation industry, placing it in the top 99.5%.
Is SODEP -Marsa Maroc's Cyclically Adjusted PB Ratio too high?
SODEP -Marsa Maroc's current Cyclically Adjusted PB Ratio of 21.43 is near median its 10-year median of 21.54. Over the past 10 years, this metric has ranged from a low of 14.82 to a high of 25.63. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. SODEP -Marsa Maroc's value of 21.43 is 1628.2% above this industry median. Based on the distribution chart, SODEP -Marsa Maroc ranks #735 out of 739 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, SODEP -Marsa Maroc has a GF Score™ of 88/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SODEP -Marsa Maroc's Cyclically Adjusted PB Ratio compare to KEX?
According to the Transportation industry distribution chart, SODEP -Marsa Maroc ranks #735 out of 739 companies for Cyclically Adjusted PB Ratio. This places SODEP -Marsa Maroc in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.24. SODEP -Marsa Maroc's value of 21.43 is 1628.2% above this benchmark. Historically, SODEP -Marsa Maroc's own Cyclically Adjusted PB Ratio has ranged from 14.82 to 25.63 over the past decade. While the company's 10-year median is 21.54 vs. the industry median of 1.24, SODEP -Marsa Maroc has consistently been above 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 1.24, 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. SODEP -Marsa Maroc's current Cyclically Adjusted PB Ratio of 21.43 is 1628.2% above 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 SODEP -Marsa Maroc and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SODEP -Marsa Maroc's current Cyclically Adjusted PB Ratio is 21.43, which is near median its own 10-year median of 21.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SODEP -Marsa Maroc stock overvalued right now?
Based on GuruFocus' analysis, SODEP -Marsa Maroc (CAS:MSA) is currently considered Significantly Overvalued. The stock's GF Value™ is MAD551.32, compared to a current price of MAD865.00 — trading 56.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 21.43, which is near median its 10-year median of 21.54 and 1628.2% above the Transportation industry median of 1.24. SODEP -Marsa Maroc's overall GF Score™ is 88/100. 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 SODEP -Marsa Maroc (CAS:MSA), the current Cyclically Adjusted PB Ratio is 21.43 as of Jul. 14, 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 SODEP -Marsa Maroc (CAS:MSA) Overvalued in 2026?

Based on GuruFocus' analysis, SODEP -Marsa Maroc stock appears to be overvalued. The current stock price of MAD865.00 is trading 56.9% above its estimated GF Value™ of MAD551.32. GuruFocus considers SODEP -Marsa Maroc to be Significantly Overvalued.

Key valuation signals for CAS:MSA:

  • Cyclically Adjusted PB Ratio: 21.43 (near median its 10-year median of 21.54)
  • GF Value™: MAD551.32 vs. price of MAD865.00 (56.9% above fair value)
  • GF Score™: 88/100
  • Industry Position: 1628.2% above the Transportation median (#735 of 739)

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


SODEP -Marsa Maroc Business Description

Address 175, Boulevard Zerktouni, Casablanca, MAR, 20100
SODEP -Marsa Maroc SA is engaged in the management of port terminals. The company offers its customers, importers and exporters, ship owners and shipping agents, freight forwarders, and logistics companies, a wide range of port logistics services. The services offered fall into two categories: services to ships such as piloting, towing, mooring and refueling; and services to goods which includes basic services like handling on board ships and on the dockside, storing, pointing, weighing, stuffing and unstuffing of containers and other related services. The company's segment consists of container, solid bulk, conventional, liquid bulk, Ro-Ro, passengers.
88GF Score

Get the complete analysis for CAS:MSA

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

MAD865.00
Price
MAD551.32
GF Value