GTMAY (Grupo TMM) Cyclically Adjusted PB Ratio: 0.39 (As of Sep. 17, 2026) — 30% Above Median

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GTMAY Grupo TMM SA GTMAY
53 GF Score
Price $2.25
GF Value $1.17
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Grupo TMM Cyclically Adjusted PB Ratio?

Grupo TMM GTMAY 53 Cyclically Adjusted PB Ratio is 0.39 as of Sep. 17, 2026, which is 30% above its 10-year median of 0.30. GuruFocus rates GTMAY with a GF Score™ of 53/100 and a GF Value™ of $1.17 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 698 Transportation companies, Grupo TMM ranks better than 87.25% on this metric.

As of today (2026-09-17), Grupo TMM's current share price is $2.25. Grupo TMM's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $5.71. Grupo TMM's Cyclically Adjusted PB Ratio for today is 0.39.

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

GTMAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.3   Max: 0.66
Current: 0.44

During the past years, Grupo TMM's highest Cyclically Adjusted PB Ratio was 0.66. The lowest was 0.08. And the median was 0.30.

GTMAY's Cyclically Adjusted PB Ratio is ranked better than
87.25% of 698 companies
in the Transportation industry
Industry Median: 1.27 vs GTMAY: 0.44

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.

Grupo TMM's adjusted book value per share data for the three months ended in Jun. 2026 was $4.040. 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 $5.71 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo TMM  (OTCPK:GTMAY) 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.


Grupo TMM Cyclically Adjusted PB Ratio Related Terms


Grupo TMM Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Grupo TMM'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.

Grupo TMM Cyclically Adjusted PB Ratio Chart

Grupo TMM Annual Data
Trend Dec09 Dec10 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 0.00 0.00

Grupo TMM Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.20 0.18 0.24 0.21 0.48

Grupo TMM Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Grupo TMM'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.


Grupo TMM Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


GTMAY
53GF Score
Grupo TMM SA GTMAY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo TMM 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.

Grupo TMM's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.25/5.707
=0.39

* 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.

Grupo TMM's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Grupo TMM's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=4.04/165.5700*165.5700
=4.040

Current CPI (Jun. 2026) = 165.5700.

Grupo TMM Quarterly Data

Book Value per Share CPI Adj_Book
200912 5.872 81.880 11.874
201003 3.959 83.840 7.818
201006 4.545 83.020 9.064
201012 0.417 85.484 0.808
201609 0.000 103.084 0.000
201709 1.494 109.628 2.256
201803 6.050 113.505 8.825
201806 5.624 113.373 8.213
201809 5.859 115.130 8.426
201812 5.087 117.530 7.166
201903 5.235 118.050 7.342
201906 5.389 117.848 7.571
201909 5.022 118.581 7.012
201912 6.277 120.854 8.599
202003 5.081 121.885 6.902
202006 5.058 121.777 6.877
202009 4.644 123.341 6.234
202012 5.519 124.661 7.330
202103 5.177 127.574 6.719
202106 5.213 128.936 6.694
202109 4.964 130.742 6.286
202112 4.349 133.830 5.380
202203 4.466 137.082 5.394
202206 4.415 139.233 5.250
202209 4.333 142.116 5.048
202212 4.523 144.291 5.190
202303 4.882 146.472 5.519
202306 5.157 146.272 5.837
202309 3.565 148.446 3.976
202312 3.340 151.017 3.662
202403 3.844 152.947 4.161
202406 3.135 153.551 3.380
202409 3.023 155.246 3.224
202412 2.931 157.378 3.084
202503 3.046 158.761 3.177
202506 3.474 160.180 3.591
202509 3.735 161.030 3.840
202512 3.887 163.190 3.944
202603 3.928 166.040 3.917
202606 4.040 165.570 4.040

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 0.39 mean?
Grupo TMM (GTMAY) has a Cyclically Adjusted PB Ratio of 0.39 as of Sep. 17, 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 Grupo TMM and its competitors. This is 30% above median its historical median of 0.30. Over the past decade, Grupo TMM's Cyclically Adjusted PB Ratio has ranged from 0.08 to 0.66. According to the industry distribution chart, Grupo TMM ranks #89 out of 698 companies in the Transportation industry, placing it in the top 12.8%.
Is Grupo TMM's Cyclically Adjusted PB Ratio too high?
Grupo TMM's current Cyclically Adjusted PB Ratio of 0.39 is 30% above median its 10-year median of 0.30. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.66. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Grupo TMM's value of 0.39 is 69.3% below this industry median. Based on the distribution chart, Grupo TMM ranks #89 out of 698 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Grupo TMM has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Grupo TMM's Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Grupo TMM ranks #89 out of 698 companies for Cyclically Adjusted PB Ratio. This places Grupo TMM in the top 13% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.27. Grupo TMM's value of 0.39 is 69.3% below this benchmark. Historically, Grupo TMM's own Cyclically Adjusted PB Ratio has ranged from 0.08 to 0.66 over the past decade. While the company's 10-year median is 0.30 vs. the industry median of 1.27, Grupo TMM 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 1.27, based on 698 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. Grupo TMM's current Cyclically Adjusted PB Ratio of 0.39 is 69.3% 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 Grupo TMM and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo TMM's current Cyclically Adjusted PB Ratio is 0.39, which is 30% above median its own 10-year median of 0.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo TMM stock overvalued right now?
Based on GuruFocus' analysis, Grupo TMM (GTMAY) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.17, compared to a current price of $2.25 — trading 92.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.39, which is 30% above median its 10-year median of 0.30 and 69.3% below the Transportation industry median of 1.27. Grupo TMM's overall GF Score™ is 53/100 with 4 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 Grupo TMM (GTMAY), the current Cyclically Adjusted PB Ratio is 0.39 as of Sep. 17, 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 Grupo TMM (GTMAY) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo TMM stock appears to be overvalued. The current stock price of $2.25 is trading 92.3% above its estimated GF Value™ of $1.17. GuruFocus considers Grupo TMM to be Significantly Overvalued.

Key valuation signals for GTMAY:

  • Cyclically Adjusted PB Ratio: 0.39 (30% above median its 10-year median of 0.30)
  • GF Value™: $1.17 vs. price of $2.25 (92.3% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 69.3% below the Transportation median (#89 of 698)

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


Grupo TMM Business Description

Other Exchanges TMMA:Mexico
Address Convento de Acolman 58-B, Colonia Jardines de Santa Monica, Mexico, MEX, 54050
Grupo TMM SA is an integrated logistics and transportation company in Mexico. It provides dynamic ocean transportation services to various international and domestic clients. The company operates through four segments: the Maritime division, the Maritime Infrastructure division, the Logistics, Ports and terminals division, and the Warehousing division. The Maritime division includes transporting bulk liquid products, materials, provisions for drilling platforms, and ship towing services. The Logistics segment provides trucking services to various manufacturers and retailers. Operations at ports and terminals assist in loading and unloading, storage at maritime port terminals, and shipping agency operations. The warehousing segment includes storage and management of the facilities.
53GF Score

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

$2.25
Price
$1.17
GF Value