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A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Cyclically Adjusted Book per Share : $2,096.24 (As of Dec. 2023)


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What is A. P. Moller Maersk A/S Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

A. P. Moller Maersk A/S's adjusted book value per share for the three months ended in Dec. 2023 was $3,380.298. 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 $2,096.24 for the trailing ten years ended in Dec. 2023.

During the past 12 months, A. P. Moller Maersk A/S's average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of A. P. Moller Maersk A/S was 11.10% per year. The lowest was 2.80% per year. And the median was 5.45% per year.

As of today (2024-04-27), A. P. Moller Maersk A/S's current stock price is $1460.25. A. P. Moller Maersk A/S's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2,096.24. A. P. Moller Maersk A/S's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of A. P. Moller Maersk A/S was 2.20. The lowest was 0.53. And the median was 0.92.


A. P. Moller Maersk A/S Cyclically Adjusted Book per Share Historical Data

The historical data trend for A. P. Moller Maersk A/S's Cyclically Adjusted Book per Share 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.

A. P. Moller Maersk A/S Cyclically Adjusted Book per Share Chart

A. P. Moller Maersk A/S Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,517.95 1,688.48 1,668.95 1,900.20 2,096.24

A. P. Moller Maersk A/S Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 1,900.20 1,943.34 2,028.70 1,969.73 2,096.24

Competitive Comparison of A. P. Moller Maersk A/S's Cyclically Adjusted Book per Share

For the Marine Shipping subindustry, A. P. Moller Maersk A/S'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.


A. P. Moller Maersk A/S's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, A. P. Moller Maersk A/S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where A. P. Moller Maersk A/S's Cyclically Adjusted PB Ratio falls into.



A. P. Moller Maersk A/S Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, A. P. Moller Maersk A/S'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)
=3380.298/116.7000*116.7000
=3,380.298

Current CPI (Dec. 2023) = 116.7000.

A. P. Moller Maersk A/S Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,817.225 99.600 2,129.218
201406 1,912.482 99.700 2,238.582
201409 1,943.314 99.700 2,274.671
201412 1,925.478 99.400 2,260.596
201503 1,689.245 100.200 1,967.414
201506 1,752.363 100.300 2,038.891
201509 1,779.342 100.200 2,072.347
201512 1,661.757 99.800 1,943.157
201603 1,690.029 100.200 1,968.327
201606 1,638.786 100.600 1,901.057
201609 1,662.415 100.200 1,936.166
201612 1,507.194 100.300 1,753.634
201703 1,515.439 101.200 1,747.547
201706 1,519.972 101.200 1,752.774
201709 1,451.195 101.800 1,663.600
201712 1,474.706 101.300 1,698.896
201803 1,614.184 101.700 1,852.264
201806 1,581.519 102.300 1,804.138
201809 1,606.443 102.400 1,830.780
201812 1,570.655 102.100 1,795.254
201903 1,544.970 102.900 1,752.167
201906 1,369.165 102.900 1,552.785
201909 1,384.808 102.900 1,570.526
201912 1,398.286 102.900 1,585.811
202003 1,373.809 103.300 1,552.018
202006 1,410.231 103.200 1,594.709
202009 1,466.738 103.500 1,653.800
202012 1,538.081 103.400 1,735.919
202103 1,605.163 104.300 1,795.997
202106 1,773.170 105.000 1,970.752
202109 2,055.802 105.800 2,267.600
202112 2,379.356 106.600 2,604.792
202203 2,368.629 109.900 2,515.187
202206 2,809.870 113.600 2,886.548
202209 3,296.060 116.400 3,304.555
202212 3,632.158 115.900 3,657.229
202303 3,168.702 117.300 3,152.494
202306 3,283.389 116.400 3,291.851
202309 3,334.123 117.400 3,314.243
202312 3,380.298 116.700 3,380.298

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


A. P. Moller Maersk A/S  (OTCPK:AMKBF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

A. P. Moller Maersk A/S's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1460.25/2096.24
=0.70

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of A. P. Moller Maersk A/S was 2.20. The lowest was 0.53. And the median was 0.92.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


A. P. Moller Maersk A/S Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of A. P. Moller Maersk A/S's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Business Description

Address
Esplanaden 50, Copenhagen, DNK, DK-1098
A.P. Moller-Maersk is a Denmark-listed global conglomerate involved in global trade, shipping, and energy. Maersk Line, the largest contributor to group revenue and earnings, has been the largest container shipping company globally for more than 20 years. Maersk was founded in 1904 and has since been run by the Moller-Maersk family, which currently holds slightly more than 50% of the share capital. The group has been active over the past few years in divesting noncore operations, such as its long-standing stakes in Danske Bank and Dansk Supermarked as well as its oil and gas operations.

A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Headlines

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