A P Moller Maersk AS (CHIX:MAERAC) Cyclically Adjusted PB Ratio: 0.94 (As of Jul. 22, 2026) — 11% Above Median

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CHIX:MAERAC A P Moller Maersk AS CHIX:MAERAC
61 GF Score
Price kr15,970.00
GF Value kr12,149.11
! 10 Warning Signs
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What is A P Moller Maersk AS Cyclically Adjusted PB Ratio?

A P Moller Maersk AS CHIX:MAERAC 61 Cyclically Adjusted PB Ratio is 0.94 as of Jul. 22, 2026, which is 11% above its 10-year median of 0.85. GuruFocus rates CHIX:MAERAC with a GF Score™ of 61/100 and a GF Value™ of kr12,149.11. The stock has 10 warning signs investors should review. Among 738 Transportation companies, A P Moller Maersk AS ranks better than 61.92% on this metric.

As of today (2026-07-22), A P Moller Maersk AS's current share price is kr15970.00. A P Moller Maersk AS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was kr16,932.33. A P Moller Maersk AS's Cyclically Adjusted PB Ratio for today is 0.94.

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:

CHIX:MAERAc' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.85   Max: 2.12
Current: 0.98

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.

CHIX:MAERAc's Cyclically Adjusted PB Ratio is ranked better than
61.92% of 738 companies
in the Transportation industry
Industry Median: 1.245 vs CHIX:MAERAc: 0.98

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 kr24,029.136. 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 kr16,932.33 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


A P Moller Maersk AS  (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 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.


CHIX:MAERAC
61GF Score
A P Moller Maersk AS CHIX:MAERAC
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
=15970.00/16932.33
=0.94

* 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)
=24029.136/121.6800*121.6800
=24,029.136

Current CPI (Mar. 2026) = 121.6800.

A P Moller Maersk AS Quarterly Data

Book Value per Share CPI Adj_Book
201606 10,850.560 100.600 13,124.216
201609 11,036.721 100.200 13,402.677
201612 10,629.438 100.300 12,895.215
201703 10,540.437 101.200 12,673.521
201706 10,062.767 101.200 12,099.185
201709 9,063.437 101.800 10,833.389
201712 9,273.689 101.300 11,139.412
201803 9,750.155 101.700 11,665.672
201806 10,087.716 102.300 11,998.761
201809 10,271.471 102.400 12,205.396
201812 10,300.398 102.100 12,275.734
201903 10,206.120 102.900 12,068.811
201906 9,053.503 102.900 10,705.833
201909 9,386.873 102.900 11,100.046
201912 9,400.351 102.900 11,115.984
202003 9,293.177 103.300 10,946.697
202006 9,337.745 103.200 11,009.853
202009 9,262.351 103.500 10,889.303
202012 9,406.126 103.400 11,069.027
202103 10,029.329 104.300 11,700.563
202106 10,945.298 105.000 12,684.037
202109 12,993.836 105.800 14,944.140
202112 15,658.460 106.600 17,873.559
202203 15,994.164 109.900 17,708.552
202206 19,783.495 113.600 21,190.631
202209 24,776.072 116.400 25,899.935
202212 25,508.139 115.900 26,780.245
202303 22,029.449 117.300 22,852.032
202306 22,563.255 116.400 23,586.743
202309 23,298.277 117.400 24,147.652
202312 23,103.369 116.700 24,089.271
202403 22,765.069 118.400 23,395.723
202406 22,888.879 118.500 23,503.112
202409 23,656.354 118.900 24,209.463
202412 25,804.861 118.900 26,408.204
202503 24,638.007 120.200 24,941.370
202506 23,776.876 120.700 23,969.928
202509 23,990.483 121.600 24,006.266
202512 24,169.474 121.200 24,265.195
202603 24,029.136 121.680 24,029.136

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 0.94 mean?
A P Moller Maersk AS (CHIX:MAERAC) has a Cyclically Adjusted PB Ratio of 0.94 as of Jul. 22, 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 11% above 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 #281 out of 738 companies in the Transportation industry, placing it in the top 38.1%.
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 0.94 is 11% above 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 1.25. A P Moller Maersk AS's value of 0.94 is 24.5% below this industry median. Based on the distribution chart, A P Moller Maersk AS ranks #281 out of 738 companies in the Transportation industry, which is above the industry midpoint. Overall, A P Moller Maersk AS has a GF Score™ of 61/100, 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 #281 out of 738 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 1.25. A P Moller Maersk AS's value of 0.94 is 24.5% 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 1.25, 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 1.25, based on 738 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 0.94 is 24.5% 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 1.25 — 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 0.94, which is 11% above 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?
A P Moller Maersk AS (CHIX:MAERAC) has a current Cyclically Adjusted PB Ratio of 0.94. The stock's GF Value™ is kr12,149.11, compared to a current price of kr15,970.00 — trading 31.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.94, which is 11% above median its 10-year median of 0.85 and 24.5% below the Transportation industry median of 1.25. A P Moller Maersk AS's overall GF Score™ is 61/100 with 10 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 (CHIX:MAERAC), the current Cyclically Adjusted PB Ratio is 0.94 as of Jul. 22, 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 (CHIX:MAERAC) Overvalued in 2026?

Based on GuruFocus' analysis, A P Moller Maersk AS stock appears to be overvalued. The current stock price of kr15,970.00 is trading 31.4% above its estimated GF Value™ of kr12,149.11.

Key valuation signals for CHIX:MAERAC:

  • Cyclically Adjusted PB Ratio: 0.94 (11% above median its 10-year median of 0.85)
  • GF Value™: kr12,149.11 vs. price of kr15,970.00 (31.4% above fair value)
  • GF Score™: 61/100 with 10 warning signs
  • Industry Position: 24.5% below the Transportation median (#281 of 738)

No single metric tells the full story. See the CHIX:MAERAC 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.
61GF Score

Get the complete analysis for CHIX:MAERAC

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

kr15,970.00
Price
kr12,149.11
GF Value