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Chinese Maritime Transport (TPE:2612) Cyclically Adjusted PB Ratio : 0.71 (As of Jun. 02, 2025)


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What is Chinese Maritime Transport Cyclically Adjusted PB Ratio?

As of today (2025-06-02), Chinese Maritime Transport's current share price is NT$46.10. Chinese Maritime Transport's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$64.76. Chinese Maritime Transport's Cyclically Adjusted PB Ratio for today is 0.71.

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

TPE:2612' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.65   Max: 1.47
Current: 0.71

During the past years, Chinese Maritime Transport's highest Cyclically Adjusted PB Ratio was 1.47. The lowest was 0.35. And the median was 0.65.

TPE:2612's Cyclically Adjusted PB Ratio is ranked better than
72.61% of 712 companies
in the Transportation industry
Industry Median: 1.245 vs TPE:2612: 0.71

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.

Chinese Maritime Transport's adjusted book value per share data for the three months ended in Mar. 2025 was NT$68.441. 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 NT$64.76 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chinese Maritime Transport Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chinese Maritime Transport'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.

* Premium members only.

Chinese Maritime Transport Cyclically Adjusted PB Ratio Chart

Chinese Maritime Transport Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 1.00 0.68 0.81 0.64

Chinese Maritime Transport Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.69 0.74 0.76 0.64 0.69

Competitive Comparison of Chinese Maritime Transport's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, Chinese Maritime Transport'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.


Chinese Maritime Transport's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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


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Chinese Maritime Transport 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.

Chinese Maritime Transport's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.10/64.76
=0.71

* 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.

Chinese Maritime Transport's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Chinese Maritime Transport's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=68.441/134.9266*134.9266
=68.441

Current CPI (Mar. 2025) = 134.9266.

Chinese Maritime Transport Quarterly Data

Book Value per Share CPI Adj_Book
201506 51.827 100.684 69.453
201509 55.962 100.392 75.213
201512 56.412 99.792 76.273
201603 55.653 100.470 74.739
201606 55.714 101.688 73.925
201609 51.175 101.861 67.787
201612 52.275 101.863 69.243
201703 48.431 102.862 63.528
201706 47.864 103.349 62.488
201709 47.917 104.136 62.085
201712 47.734 104.011 61.922
201803 46.922 105.290 60.130
201806 49.475 106.317 62.789
201809 50.464 106.507 63.930
201812 51.583 105.998 65.661
201903 52.433 107.251 65.963
201906 51.598 108.070 64.421
201909 52.086 108.329 64.874
201912 50.304 108.420 62.602
202003 50.315 108.902 62.339
202006 49.477 108.767 61.377
202009 49.617 109.815 60.963
202012 49.537 109.897 60.819
202103 50.814 111.754 61.350
202106 56.481 114.631 66.481
202109 52.355 115.734 61.037
202112 52.716 117.630 60.468
202203 53.587 121.301 59.606
202206 55.815 125.017 60.239
202209 60.615 125.227 65.310
202212 58.953 125.222 63.522
202303 57.161 127.348 60.563
202306 58.792 128.729 61.623
202309 61.154 129.860 63.540
202312 58.660 129.419 61.156
202403 61.036 131.776 62.495
202406 65.935 132.554 67.115
202409 64.057 133.029 64.971
202412 69.008 133.157 69.925
202503 68.441 134.927 68.441

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.


Chinese Maritime Transport  (TPE:2612) 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.


Chinese Maritime Transport Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Chinese Maritime Transport's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Chinese Maritime Transport Business Description

Traded in Other Exchanges
N/A
Address
No. 15, Jinan Road, 4th Floor, Section 1, Chinese Maritime Building, Taipei, TWN, 10051
Chinese Maritime Transport Ltd provides goods transportation services. The company provides container transportation, warehousing and freight agents for Saudi Arabian Airlines. It generates maximum revenue from container hauling and logistics. The company operates in two segments: Land Transportation and Logistics, and Sea Transportation. The Land Transportation and Logistics segment is involved in container transportation, warehousing, and freight agent businesses. On the other hand, the Sea Transportation segment is engaged in bulk carrier business. The company generates the majority of its revenue from its Shipping department. The company generates its revenue from Asia, America, Europe, and Oceania.

Chinese Maritime Transport Headlines

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