Teekay (MEX:TK N) Cyclically Adjusted PB Ratio: 1.07 (As of Aug. 24, 2026) — 206% Above Median

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MEX:TK N Teekay Corp Ltd MEX:TK N
58 GF Score
Price MXN146.95
GF Value MXN65.04
! 4 Warning Signs
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What is Teekay Cyclically Adjusted PB Ratio?

Teekay MEX:TK N 58 Cyclically Adjusted PB Ratio is 1.07 as of Aug. 24, 2026, which is 206% above its 10-year median of 0.35. GuruFocus rates MEX:TK N with a GF Score™ of 58/100 and a GF Value™ of MXN65.04. The stock has 4 warning signs investors should review. Among 757 Oil & Gas companies, Teekay ranks worse than 56.94% on this metric.

As of today (2026-08-24), Teekay's current share price is MXN146.95. Teekay's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN137.55. Teekay's Cyclically Adjusted PB Ratio for today is 1.07.

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

MEX:TK N' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.35   Max: 1.47
Current: 1.41

During the past years, Teekay's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.12. And the median was 0.35.

MEX:TK N's Cyclically Adjusted PB Ratio is ranked worse than
56.94% of 757 companies
in the Oil & Gas industry
Industry Median: 1.23 vs MEX:TK N: 1.41

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.

Teekay's adjusted book value per share data for the three months ended in Jun. 2026 was MXN151.359. 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 MXN137.55 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teekay  (MEX:TK N) 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.


Teekay Cyclically Adjusted PB Ratio Related Terms


Teekay Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Teekay'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.

Teekay Cyclically Adjusted PB Ratio Chart

Teekay 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 0.25 0.39 0.68 0.72 0.97

Teekay Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Jun25 Dec25 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 0.92 0.72 0.86 0.97 1.07

MEX:TK N vs SBR, TEN, EE: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Midstream subindustry, Teekay'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.


Teekay Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


MEX:TK N
58GF Score
Teekay Corp Ltd MEX:TK N
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Teekay 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=146.95/137.55
=1.07

* 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.

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

For example, Teekay'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)
=151.359/333.9520*333.9520
=151.359

Current CPI (Jun. 2026) = 333.9520.

Teekay Quarterly Data

Book Value per Share CPI Adj_Book
201512 217.335 236.525 306.857
201603 203.697 238.132 285.661
201606 192.367 241.018 266.542
201609 201.727 241.428 279.036
201612 215.232 241.432 297.712
201703 186.160 243.801 254.997
201706 168.659 244.955 229.936
201709 166.003 246.819 224.606
201712 171.257 246.524 231.992
201803 160.240 249.554 214.432
201806 167.503 251.989 221.986
201809 156.892 252.439 207.553
201812 158.157 251.233 210.231
201903 137.847 254.202 181.093
201906 127.170 256.143 165.801
201909 91.086 256.759 118.470
201912 90.172 256.974 117.184
202003 93.007 258.115 120.333
202006 120.760 257.797 156.433
202009 108.548 260.280 139.272
202012 94.711 260.474 121.428
202103 105.712 264.877 133.280
202106 101.726 271.696 125.035
202109 105.063 274.310 127.906
202112 104.023 278.802 124.600
202203 109.350 287.504 127.016
202206 111.391 296.311 125.541
202209 118.587 296.808 133.428
202212 123.630 296.797 139.107
202303 123.718 301.836 136.882
202306 126.597 305.109 138.565
202309 133.682 307.789 145.045
202312 136.583 306.746 148.697
202403 142.816 312.332 152.702
202406 164.220 314.175 174.557
202409 180.609 315.301 191.293
202412 176.096 315.605 186.333
202506 145.004 322.561 150.125
202512 151.593 324.054 156.223
202606 151.359 333.952 151.359

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 1.07 mean?
Teekay (MEX:TK N) has a Cyclically Adjusted PB Ratio of 1.07 as of Aug. 24, 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 Teekay and its competitors. This is 206% above median its historical median of 0.35. Over the past decade, Teekay's Cyclically Adjusted PB Ratio has ranged from 0.12 to 1.47. According to the industry distribution chart, Teekay ranks #431 out of 757 companies in the Oil & Gas industry, placing it in the top 56.9%.
Is Teekay's Cyclically Adjusted PB Ratio too high?
Teekay's current Cyclically Adjusted PB Ratio of 1.07 is 206% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 1.47. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.23. Teekay's value of 1.07 is 13% below this industry median. Based on the distribution chart, Teekay ranks #431 out of 757 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Teekay has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Teekay's Cyclically Adjusted PB Ratio compare to SBR and TEN?
According to the Oil & Gas industry distribution chart, Teekay ranks #431 out of 757 companies for Cyclically Adjusted PB Ratio. This places Teekay in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.23. Teekay's value of 1.07 is 13% below this benchmark. Historically, Teekay's own Cyclically Adjusted PB Ratio has ranged from 0.12 to 1.47 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 1.23, Teekay 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.23, based on 757 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. Teekay's current Cyclically Adjusted PB Ratio of 1.07 is 13% 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 Teekay and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Teekay's current Cyclically Adjusted PB Ratio is 1.07, which is 206% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Teekay stock overvalued right now?
Teekay (MEX:TK N) has a current Cyclically Adjusted PB Ratio of 1.07. The stock's GF Value™ is MXN65.04, compared to a current price of MXN146.95 — trading 125.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.07, which is 206% above median its 10-year median of 0.35 and 13% below the Oil & Gas industry median of 1.23. Teekay's overall GF Score™ is 58/100 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 Teekay (MEX:TK N), the current Cyclically Adjusted PB Ratio is 1.07 as of Aug. 24, 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 Teekay (MEX:TK N) Overvalued in 2026?

Based on GuruFocus' analysis, Teekay stock appears to be overvalued. The current stock price of MXN146.95 is trading 125.9% above its estimated GF Value™ of MXN65.04.

Key valuation signals for MEX:TK N:

  • Cyclically Adjusted PB Ratio: 1.07 (206% above median its 10-year median of 0.35)
  • GF Value™: MXN65.04 vs. price of MXN146.95 (125.9% above fair value)
  • GF Score™: 58/100 with 4 warning signs
  • Industry Position: 13% below the Oil & Gas median (#431 of 757)

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


Teekay Business Description

Industry EnergyOil & Gas
Other Exchanges TK:USAEI5:Germany
Address 26 Victoria Street, 2nd Floor, Swan Building, Hamilton, BMU, HM 12
Teekay Corp Ltd provides international crude oil marine transportation and other marine services. It also offers offshore oil production, storage, and offloading services, under long-term, fixed-rate contracts. The company has two primary lines of business: Marine services and tankers. It manages these businesses for the benefit of all stakeholders. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation.
58GF Score

Get the complete analysis for MEX:TK N

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

MXN146.95
Price
MXN65.04
GF Value