Evergreen Marine (Taiwan) (LSE:EGMA) Cyclically Adjusted PB Ratio: (As of Aug. 05, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Evergreen Marine (Taiwan) Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Evergreen Marine (Taiwan)  (LSE:EGMA) 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.


Evergreen Marine (Taiwan) Cyclically Adjusted PB Ratio Related Terms


Evergreen Marine (Taiwan) Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Evergreen Marine (Taiwan)'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.

Evergreen Marine (Taiwan) Cyclically Adjusted PB Ratio Chart

Evergreen Marine (Taiwan) 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 7.16 2.28 1.57 1.99 1.40

Evergreen Marine (Taiwan) 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 1.84 1.59 1.36 1.40 1.38

Evergreen Marine (Taiwan) Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Evergreen Marine (Taiwan)'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.


Evergreen Marine (Taiwan) Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Evergreen Marine (Taiwan)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Evergreen Marine (Taiwan)'s Cyclically Adjusted PB Ratio falls into.



Evergreen Marine (Taiwan) 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.

Evergreen Marine (Taiwan)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Evergreen Marine (Taiwan)'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)
=31.939/330.2130*330.2130
=31.939

Current CPI (Mar. 2026) = 330.2130.

Evergreen Marine (Taiwan) Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.122 241.018 4.277
201609 3.331 241.428 4.556
201612 3.416 241.432 4.672
201703 3.519 243.801 4.766
201706 3.652 244.955 4.923
201709 3.766 246.819 5.038
201712 3.748 246.524 5.020
201803 3.662 249.554 4.846
201806 3.710 251.989 4.862
201809 3.697 252.439 4.836
201812 4.002 251.233 5.260
201903 3.877 254.202 5.036
201906 3.971 256.143 5.119
201909 4.070 256.759 5.234
201912 4.121 256.974 5.296
202003 4.287 258.115 5.484
202006 4.516 257.797 5.785
202009 4.952 260.280 6.283
202012 5.802 260.474 7.355
202103 8.199 264.877 10.221
202106 10.860 271.696 13.199
202109 15.132 274.310 18.216
202112 20.661 278.802 24.471
202203 27.199 287.504 31.239
202206 28.880 296.311 32.184
202209 35.524 296.808 39.522
202212 34.505 296.797 38.390
202303 34.863 301.836 38.141
202306 25.079 305.109 27.142
202309 26.602 307.789 28.540
202312 25.942 306.746 27.927
202403 27.427 312.332 28.997
202406 27.664 314.175 29.076
202409 29.709 315.301 31.114
202412 32.876 315.605 34.398
202503 33.674 319.799 34.771
202506 29.009 322.561 29.697
202509 30.741 324.800 31.253
202512 31.339 324.054 31.935
202603 31.939 330.213 31.939

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.


Evergreen Marine (Taiwan) Business Description

Other Exchanges 2603:Taiwan
Address No. 166, Minsheng East Road, 1st - 4th Floor, Section 2, Zhongshan District, Taipei, TWN, 104473
Evergreen Marine Corp (Taiwan) Ltd is mainly engaged in domestic and international marine transportation, shipping agency services, commercial port area ship repair services, and the distribution of containers. Along with its subsidiaries, it operates in the following reportable segments: Transportation Department, which derives maximum revenue, and Other Departments. Geographically, the group generates maximum revenue from Asia (excluding Taiwan), followed by Taiwan, America, Europe, and other regions.