GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Euroseas Ltd (NAS:ESEA) » Definitions » Cyclically Adjusted PB Ratio

ESEA (Euroseas) Cyclically Adjusted PB Ratio : 1.34 (As of Jul. 06, 2025)


View and export this data going back to 2006. Start your Free Trial

What is Euroseas Cyclically Adjusted PB Ratio?

As of today (2025-07-06), Euroseas's current share price is $47.505. Euroseas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $35.44. Euroseas's Cyclically Adjusted PB Ratio for today is 1.34.

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

ESEA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 1.34
Current: 1.34

During the past years, Euroseas's highest Cyclically Adjusted PB Ratio was 1.34. The lowest was 0.01. And the median was 0.03.

ESEA's Cyclically Adjusted PB Ratio is ranked worse than
53.25% of 723 companies
in the Transportation industry
Industry Median: 1.27 vs ESEA: 1.34

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.

Euroseas's adjusted book value per share data for the three months ended in Mar. 2025 was $53.817. 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 $35.44 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Euroseas Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Euroseas'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.

Euroseas Cyclically Adjusted PB Ratio Chart

Euroseas Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.20 0.21 0.53 0.79

Euroseas Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.66 0.68 1.00 0.79 0.86

Competitive Comparison of Euroseas's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Euroseas'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.


Euroseas's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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


;
;

Euroseas 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.

Euroseas's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.505/35.44
=1.34

* 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.

Euroseas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Euroseas's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=53.817/120.1327*120.1327
=53.817

Current CPI (Mar. 2025) = 120.1327.

Euroseas Quarterly Data

Book Value per Share CPI Adj_Book
201506 109.926 100.838 130.960
201509 97.808 100.856 116.502
201512 92.821 100.087 111.412
201603 89.697 99.041 108.799
201606 70.609 100.121 84.722
201609 65.802 99.878 79.146
201612 39.785 100.110 47.743
201703 37.200 100.770 44.348
201706 36.118 101.138 42.901
201709 32.345 100.882 38.517
201712 33.140 100.762 39.511
201803 30.562 100.534 36.520
201806 2.731 102.121 3.213
201809 1.923 101.982 2.265
201812 2.443 101.330 2.896
201903 2.147 101.482 2.542
201906 1.055 101.837 1.245
201909 3.328 101.906 3.923
201912 3.652 102.120 4.296
202003 3.979 101.479 4.710
202006 4.174 100.239 5.002
202009 4.161 99.886 5.004
202012 4.074 99.751 4.906
202103 4.662 99.817 5.611
202106 6.287 101.270 7.458
202109 7.453 102.095 8.770
202112 10.536 104.853 12.071
202203 14.669 108.651 16.219
202206 18.404 113.517 19.477
202209 21.397 114.371 22.475
202212 23.631 112.428 25.251
202303 27.350 113.620 28.918
202306 31.044 115.515 32.285
202309 35.246 116.234 36.428
202312 38.006 116.364 39.237
202403 40.309 117.285 41.288
202406 45.569 118.129 46.342
202409 48.960 119.650 49.157
202412 51.497 119.360 51.830
202503 53.817 120.133 53.817

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.


Euroseas  (NAS:ESEA) 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.


Euroseas Cyclically Adjusted PB Ratio Related Terms

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


Euroseas Business Description

Industry
Traded in Other Exchanges
Address
4 Messogiou and Evropis Street, Maroussi, GRC, 15124
Euroseas Ltd is a shipping company. Its fleet consists of containerships that transport container boxes, providing scheduled service between ports. Its operations are managed by an affiliated ship management company, which is responsible for the day-to-day commercial and technical management and operations of the vessels. The company employs its vessels on spot and period charters and through pool arrangements.