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Maritima de Inversiones (XSGO:MARINSA) Cyclically Adjusted PB Ratio : 1.07 (As of Apr. 30, 2024)


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What is Maritima de Inversiones Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Maritima de Inversiones's current share price is CLP67.03. Maritima de Inversiones's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was CLP62.79. Maritima de Inversiones's Cyclically Adjusted PB Ratio for today is 1.07.

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

XSGO:MARINSA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.44   Max: 1.89
Current: 1.07

During the past years, Maritima de Inversiones's highest Cyclically Adjusted PB Ratio was 1.89. The lowest was 0.97. And the median was 1.44.

XSGO:MARINSA's Cyclically Adjusted PB Ratio is ranked better than
56.94% of 692 companies
in the Transportation industry
Industry Median: 1.22 vs XSGO:MARINSA: 1.07

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.

Maritima de Inversiones's adjusted book value per share data for the three months ended in Dec. 2023 was CLP102.589. 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 CLP62.79 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maritima de Inversiones Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maritima de Inversiones'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.

Maritima de Inversiones Cyclically Adjusted PB Ratio Chart

Maritima de Inversiones Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.06 0.97 1.59 1.07

Maritima de Inversiones Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.59 1.53 1.39 1.35 1.07

Competitive Comparison of Maritima de Inversiones's Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, Maritima de Inversiones'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.


Maritima de Inversiones's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Maritima de Inversiones's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Maritima de Inversiones 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.

Maritima de Inversiones's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=67.03/62.79
=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.

Maritima de Inversiones's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Maritima de Inversiones's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=102.589/146.1089*146.1089
=102.589

Current CPI (Dec. 2023) = 146.1089.

Maritima de Inversiones Quarterly Data

Book Value per Share CPI Adj_Book
201403 38.836 94.584 59.992
201406 37.999 95.543 58.110
201409 41.351 96.883 62.361
201412 46.925 97.515 70.309
201503 50.988 98.539 75.602
201506 52.951 99.770 77.544
201509 58.075 101.383 83.695
201512 31.654 101.775 45.443
201603 33.518 102.930 47.579
201606 22.250 103.965 31.269
201609 20.878 104.521 29.185
201612 25.115 104.532 35.104
201703 29.929 105.752 41.350
201706 30.811 105.730 42.578
201709 38.188 106.035 52.620
201712 38.179 106.907 52.179
201803 32.870 107.670 44.605
201806 26.192 108.421 35.296
201809 28.172 109.369 37.636
201812 28.112 109.653 37.458
201903 30.533 110.339 40.431
201906 31.154 111.352 40.878
201909 33.103 111.821 43.254
201912 35.311 112.943 45.680
202003 28.352 114.468 36.189
202006 30.071 114.283 38.445
202009 32.653 115.275 41.387
202012 38.535 116.299 48.412
202103 47.452 117.770 58.870
202106 71.187 118.630 87.676
202109 0.000 121.431 0.000
202112 83.605 124.634 98.011
202203 94.650 128.850 107.328
202206 118.198 133.448 129.412
202209 94.827 138.101 100.326
202212 93.832 140.574 97.527
202303 106.483 143.145 108.687
202306 100.486 143.538 102.286
202309 100.851 145.172 101.502
202312 102.589 146.109 102.589

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.


Maritima de Inversiones  (XSGO:MARINSA) 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.


Maritima de Inversiones Cyclically Adjusted PB Ratio Related Terms

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


Maritima de Inversiones (XSGO:MARINSA) Business Description

Traded in Other Exchanges
N/A
Address
Hendaya 60, Piso 12, Santiago, CHL
Maritima de Inversiones SA is a holding company engaged in the maritime transport, freight, and cargo and shipping services. The company focuses on maritime transport vehicles, docking, storage and other port services, and investment in related companies. It also manufactures parts of steel for mining and balls for grinding.

Maritima de Inversiones (XSGO:MARINSA) Headlines

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