MARPS (Marine Petroleum Trust) Cyclically Adjusted PB Ratio: 8.77 (As of Jul. 18, 2026) — 26% Above Median

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MARPS Marine Petroleum Trust MARPS
66 GF Score
Price $5.00
GF Value $3.68
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Marine Petroleum Trust Cyclically Adjusted PB Ratio?

Marine Petroleum Trust MARPS +0.56% 66 Cyclically Adjusted PB Ratio is 8.77 as of Jul. 18, 2026, which is 26% above its 10-year median of 6.97. GuruFocus rates MARPS with a GF Scoreâ„¢ of 66/100 and a GF Valueâ„¢ of $3.68 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 773 Oil & Gas companies, Marine Petroleum Trust ranks worse than 96.25% on this metric.

As of today (2026-07-18), Marine Petroleum Trust's current share price is $4.9978. Marine Petroleum Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.57. Marine Petroleum Trust's Cyclically Adjusted PB Ratio for today is 8.77.

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

MARPS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.96   Med: 6.97   Max: 23.05
Current: 8.71

During the past years, Marine Petroleum Trust's highest Cyclically Adjusted PB Ratio was 23.05. The lowest was 1.96. And the median was 6.97.

MARPS's Cyclically Adjusted PB Ratio is ranked worse than
96.25% of 773 companies
in the Oil & Gas industry
Industry Median: 1.18 vs MARPS: 8.71

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.

Marine Petroleum Trust's adjusted book value per share data for the three months ended in Mar. 2026 was $0.471. 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 $0.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marine Petroleum Trust  (NAS:MARPS) 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.


Marine Petroleum Trust Cyclically Adjusted PB Ratio Related Terms


Marine Petroleum Trust Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Marine Petroleum Trust'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.

Marine Petroleum Trust Cyclically Adjusted PB Ratio Chart

Marine Petroleum Trust Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.72 12.78 9.12 6.94 7.98

Marine Petroleum Trust 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 6.88 7.98 8.44 7.33 9.25

MARPS vs BANL, TOPS, RBNE: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Midstream subindustry, Marine Petroleum Trust'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.


Marine Petroleum Trust Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Marine Petroleum Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MARPS
66GF Score
Marine Petroleum Trust MARPS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marine Petroleum Trust 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.

Marine Petroleum Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.9978/0.57
=8.77

* 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.

Marine Petroleum Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Marine Petroleum Trust'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)
=0.471/330.2130*330.2130
=0.471

Current CPI (Mar. 2026) = 330.2130.

Marine Petroleum Trust Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.410 241.018 0.562
201609 0.453 241.428 0.620
201612 0.429 241.432 0.587
201703 0.456 243.801 0.618
201706 0.510 244.955 0.688
201709 0.477 246.819 0.638
201712 0.470 246.524 0.630
201803 0.488 249.554 0.646
201806 0.494 251.989 0.647
201809 0.515 252.439 0.674
201812 0.490 251.233 0.644
201903 0.464 254.202 0.603
201906 0.485 256.143 0.625
201909 0.467 256.759 0.601
201912 0.473 256.974 0.608
202003 0.483 258.115 0.618
202006 0.469 257.797 0.601
202009 0.441 260.280 0.559
202012 0.436 260.474 0.553
202103 0.423 264.877 0.527
202106 0.451 271.696 0.548
202109 0.489 274.310 0.589
202112 0.473 278.802 0.560
202203 0.558 287.504 0.641
202206 0.577 296.311 0.643
202209 0.577 296.808 0.642
202212 0.522 296.797 0.581
202303 0.470 301.836 0.514
202306 0.489 305.109 0.529
202309 0.482 307.789 0.517
202312 0.497 306.746 0.535
202403 0.454 312.332 0.480
202406 0.483 314.175 0.508
202409 0.505 315.301 0.529
202412 0.442 315.605 0.462
202503 0.487 319.799 0.503
202506 0.461 322.561 0.472
202509 0.458 324.800 0.466
202512 0.505 324.054 0.515
202603 0.471 330.213 0.471

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 8.77 mean?
Marine Petroleum Trust (MARPS) has a Cyclically Adjusted PB Ratio of 8.77 as of Jul. 18, 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 Marine Petroleum Trust and its competitors. This is 26% above median its historical median of 6.97. Over the past decade, Marine Petroleum Trust's Cyclically Adjusted PB Ratio has ranged from 1.96 to 23.05. According to the industry distribution chart, Marine Petroleum Trust ranks #744 out of 773 companies in the Oil & Gas industry, placing it in the top 96.2%.
Is Marine Petroleum Trust's Cyclically Adjusted PB Ratio too high?
Marine Petroleum Trust's current Cyclically Adjusted PB Ratio of 8.77 is 26% above median its 10-year median of 6.97. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 23.05. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Marine Petroleum Trust's value of 8.77 is 643.2% above this industry median. Based on the distribution chart, Marine Petroleum Trust ranks #744 out of 773 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Marine Petroleum Trust has a GF Scoreâ„¢ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marine Petroleum Trust's Cyclically Adjusted PB Ratio compare to BANL and TOPS?
According to the Oil & Gas industry distribution chart, Marine Petroleum Trust ranks #744 out of 773 companies for Cyclically Adjusted PB Ratio. This places Marine Petroleum Trust in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Marine Petroleum Trust's value of 8.77 is 643.2% above this benchmark. Historically, Marine Petroleum Trust's own Cyclically Adjusted PB Ratio has ranged from 1.96 to 23.05 over the past decade. While the company's 10-year median is 6.97 vs. the industry median of 1.18, Marine Petroleum Trust has consistently been above 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.18, based on 773 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. Marine Petroleum Trust's current Cyclically Adjusted PB Ratio of 8.77 is 643.2% above 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 Marine Petroleum Trust and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marine Petroleum Trust's current Cyclically Adjusted PB Ratio is 8.77, which is 26% above median its own 10-year median of 6.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marine Petroleum Trust stock overvalued right now?
Based on GuruFocus' analysis, Marine Petroleum Trust (MARPS) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.68, compared to a current price of $5.00 — trading 35.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 8.77, which is 26% above median its 10-year median of 6.97 and 643.2% above the Oil & Gas industry median of 1.18. Marine Petroleum Trust's overall GF Score™ is 66/100 with 2 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 Marine Petroleum Trust (MARPS), the current Cyclically Adjusted PB Ratio is 8.77 as of Jul. 18, 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 Marine Petroleum Trust (MARPS) Overvalued in 2026?

Based on GuruFocus' analysis, Marine Petroleum Trust stock appears to be overvalued. The current stock price of $5.00 is trading 35.8% above its estimated GF Value™ of $3.68. GuruFocus considers Marine Petroleum Trust to be Significantly Overvalued.

Key valuation signals for MARPS:

  • Cyclically Adjusted PB Ratio: 8.77 (26% above median its 10-year median of 6.97)
  • GF Value™: $3.68 vs. price of $5.00 (35.8% above fair value)
  • GF Score™: 66/100 with 2 warning signs
  • Industry Position: 643.2% above the Oil & Gas median (#744 of 773)

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


Marine Petroleum Trust Business Description

Industry EnergyOil & Gas
Address c/o Corporate Trustee, Argent Trust Company, 3838 Oak Lawn Avenue, Suite 1720, Dallas, TX, USA, 75219
Marine Petroleum Trust is a U.S based royalty trust. It provides administration and liquidation of rights to payments from oil and natural gas leases in the Gulf of Mexico. The Trust's subsidiary holds title to interests in properties which are situated offshore of Louisiana. The revenues of the trust are derived from the oil and natural gas production activities of third parties.
66GF Score

Get the complete analysis for MARPS

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

$5.00
Price
$3.68
GF Value