Grupo TMM (MEX:TMMA) Cyclically Adjusted PB Ratio: 0.46 (As of Aug. 29, 2026) — 53% Above Median

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MEX:TMMA Grupo TMM SA MEX:TMMA
48 GF Score
Price MXN9.75
GF Value MXN4.29
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Grupo TMM Cyclically Adjusted PB Ratio?

Grupo TMM MEX:TMMA 48 Cyclically Adjusted PB Ratio is 0.46 as of Aug. 29, 2026, which is 53% above its 10-year median of 0.30. GuruFocus rates MEX:TMMA with a GF Score™ of 48/100 and a GF Value™ of MXN4.29 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 697 Transportation companies, Grupo TMM ranks better than 86.94% on this metric.

As of today (2026-08-29), Grupo TMM's current share price is MXN9.75. Grupo TMM's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN21.27. Grupo TMM's Cyclically Adjusted PB Ratio for today is 0.46.

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

MEX:TMMA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.3   Max: 0.66
Current: 0.46

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.

MEX:TMMA's Cyclically Adjusted PB Ratio is ranked better than
86.94% of 697 companies
in the Transportation industry
Industry Median: 1.26 vs MEX:TMMA: 0.46

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 MXN13.826. 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 MXN21.27 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo TMM  (MEX:TMMA) 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 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 0.20 0.15 0.14 0.26 0.29

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 0.30 0.28 0.29 0.39 0.47

MEX:TMMA vs KEX: Cyclically Adjusted PB Ratio 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.


MEX:TMMA
48GF Score
Grupo TMM SA MEX:TMMA
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
=9.75/21.27
=0.46

* 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)
=13.826/165.5700*165.5700
=13.826

Current CPI (Jun. 2026) = 165.5700.

Grupo TMM Quarterly Data

Book Value per Share CPI Adj_Book
201609 29.434 103.084 47.276
201612 8.780 105.002 13.845
201703 7.031 108.063 10.773
201706 3.401 108.339 5.198
201709 5.426 109.628 8.195
201712 21.141 112.114 31.221
201803 21.412 113.505 31.234
201806 21.432 113.373 31.299
201809 21.910 115.130 31.509
201812 20.327 117.530 28.636
201903 20.310 118.050 28.486
201906 20.244 117.848 28.442
201909 19.368 118.581 27.043
201912 23.256 120.854 31.861
202003 23.383 121.885 31.764
202006 22.920 121.777 31.162
202009 20.049 123.341 26.913
202012 21.589 124.661 28.674
202103 20.780 127.574 26.969
202106 20.354 128.936 26.137
202109 19.994 130.742 25.320
202112 17.451 133.830 21.590
202203 17.460 137.082 21.088
202206 17.464 139.233 20.767
202209 17.073 142.116 19.891
202212 17.300 144.291 19.851
202303 17.305 146.472 19.561
202306 17.361 146.272 19.651
202309 12.176 148.446 13.581
202312 11.147 151.017 12.221
202403 11.203 152.947 12.128
202406 11.302 153.551 12.187
202409 11.580 155.246 12.350
202412 11.914 157.378 12.534
202503 12.186 158.761 12.709
202506 12.844 160.180 13.276
202509 13.404 161.030 13.782
202512 13.688 163.190 13.888
202603 13.881 166.040 13.842
202606 13.826 165.570 13.826

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 0.46 mean?
Grupo TMM (MEX:TMMA) has a Cyclically Adjusted PB Ratio of 0.46 as of Aug. 29, 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 53% 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 #91 out of 697 companies in the Transportation industry, placing it in the top 13.1%.
Is Grupo TMM's Cyclically Adjusted PB Ratio too high?
Grupo TMM's current Cyclically Adjusted PB Ratio of 0.46 is 53% 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 1.26. Grupo TMM's value of 0.46 is 63.5% below this industry median. Based on the distribution chart, Grupo TMM ranks #91 out of 697 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 48/100 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 KEX?
According to the Transportation industry distribution chart, Grupo TMM ranks #91 out of 697 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 1.26. Grupo TMM's value of 0.46 is 63.5% 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 1.26, 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 1.26, based on 697 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 0.46 is 63.5% 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 1.26 — 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 0.46, which is 53% 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 (MEX:TMMA) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN4.29, compared to a current price of MXN9.75 — trading 127.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.46, which is 53% above median its 10-year median of 0.30 and 63.5% below the Transportation industry median of 1.26. Grupo TMM's overall GF Score™ is 48/100 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 (MEX:TMMA), the current Cyclically Adjusted PB Ratio is 0.46 as of Aug. 29, 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 (MEX:TMMA) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo TMM stock appears to be overvalued. The current stock price of MXN9.75 is trading 127.3% above its estimated GF Value™ of MXN4.29. GuruFocus considers Grupo TMM to be Significantly Overvalued.

Key valuation signals for MEX:TMMA:

  • Cyclically Adjusted PB Ratio: 0.46 (53% above median its 10-year median of 0.30)
  • GF Value™: MXN4.29 vs. price of MXN9.75 (127.3% above fair value)
  • GF Score™: 48/100 with 4 warning signs
  • Industry Position: 63.5% below the Transportation median (#91 of 697)

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


Grupo TMM Business Description

Other Exchanges GTMAY:USA
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.
48GF Score

Get the complete analysis for MEX:TMMA

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

MXN9.75
Price
MXN4.29
GF Value