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A. P. Moller Maersk A/S (CHIX:MAERAC) Cyclically Adjusted PB Ratio : 0.70 (As of May. 25, 2024)


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What is A. P. Moller Maersk A/S Cyclically Adjusted PB Ratio?

As of today (2024-05-25), A. P. Moller Maersk A/S's current share price is kr9945.00. A. P. Moller Maersk A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr14,245.80. A. P. Moller Maersk A/S's Cyclically Adjusted PB Ratio for today is 0.70.

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

CHIX:MAERAc' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.89   Max: 2.12
Current: 0.83

During the past years, A. P. Moller Maersk A/S's highest Cyclically Adjusted PB Ratio was 2.12. The lowest was 0.51. And the median was 0.89.

CHIX:MAERAc's Cyclically Adjusted PB Ratio is ranked better than
70.01% of 707 companies
in the Transportation industry
Industry Median: 1.26 vs CHIX:MAERAc: 0.83

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 A/S's adjusted book value per share data for the three months ended in Mar. 2024 was kr22,765.214. 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 kr14,245.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


A. P. Moller Maersk A/S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for A. P. Moller Maersk A/S'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.

* Premium members only.

A. P. Moller Maersk A/S Cyclically Adjusted PB Ratio Chart

A. P. Moller Maersk A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.27 2.07 1.16 0.83

A. P. Moller Maersk A/S Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.90 0.85 0.88 0.83 0.59

Competitive Comparison of A. P. Moller Maersk A/S's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, A. P. Moller Maersk A/S'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 A/S's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



A. P. Moller Maersk A/S 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 A/S's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9945.00/14245.8
=0.70

* 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 A/S's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, A. P. Moller Maersk A/S'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)
=22765.214/118.4000*118.4000
=22,765.214

Current CPI (Mar. 2024) = 118.4000.

A. P. Moller Maersk A/S Quarterly Data

Book Value per Share CPI Adj_Book
201406 10,492.068 99.700 12,459.988
201409 11,223.997 99.700 13,329.200
201412 11,620.454 99.400 13,841.668
201503 11,648.019 100.200 13,763.727
201506 11,646.202 100.300 13,747.860
201509 11,823.191 100.200 13,970.717
201512 11,388.020 99.800 13,510.437
201603 11,320.827 100.200 13,377.105
201606 10,850.403 100.600 12,770.256
201609 11,036.774 100.200 13,041.458
201612 10,629.336 100.300 12,547.491
201703 10,540.335 101.200 12,331.775
201706 10,062.670 101.200 11,772.926
201709 9,063.437 101.800 10,541.365
201712 9,273.689 101.300 10,839.139
201803 9,750.155 101.700 11,351.213
201806 10,087.716 102.300 11,675.323
201809 10,271.274 102.400 11,876.161
201812 10,300.199 102.100 11,944.599
201903 10,206.071 102.900 11,743.429
201906 9,053.328 102.900 10,417.046
201909 9,386.919 102.900 10,800.886
201912 9,400.538 102.900 10,816.557
202003 9,293.271 103.300 10,651.726
202006 9,337.984 103.200 10,713.346
202009 9,262.304 103.500 10,595.718
202012 9,405.981 103.400 10,770.485
202103 10,029.537 104.300 11,385.400
202106 10,945.071 105.000 12,341.871
202109 12,993.905 105.800 14,541.383
202112 15,658.543 106.600 17,391.853
202203 15,994.164 109.900 17,231.201
202206 19,783.171 113.600 20,619.080
202209 24,776.486 116.400 25,202.199
202212 25,508.284 115.900 26,058.506
202303 22,029.449 117.300 22,236.034
202306 22,563.121 116.400 22,950.803
202309 23,297.853 117.400 23,496.301
202312 23,103.658 116.700 23,440.215
202403 22,765.214 118.400 22,765.214

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.


A. P. Moller Maersk A/S  (CHIX:MAERAc) 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 A/S Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of A. P. Moller Maersk A/S's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


A. P. Moller Maersk A/S (CHIX:MAERAC) Business Description

Address
Esplanaden 50, Copenhagen, DNK, DK-1098
A.P. Moller-Maersk is a Denmark-listed global conglomerate involved in global trade, shipping, and energy. Maersk Line, the largest contributor to group revenue and earnings, has been the largest container shipping company globally for more than 20 years. Maersk was founded in 1904 and has since been run by the Moller-Maersk family, which currently holds slightly more than 50% of the share capital. The group has been active over the past few years in divesting noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations.

A. P. Moller Maersk A/S (CHIX:MAERAC) Headlines

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