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A. P. Moller Maersk A/S (A. P. Moller Maersk A/S) Cyclically Adjusted PB Ratio : 0.70 (As of Apr. 27, 2024)


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What is A. P. Moller Maersk A/S Cyclically Adjusted PB Ratio?

As of today (2024-04-27), A. P. Moller Maersk A/S's current share 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 for today is 0.70.

The historical rank and industry rank for A. P. Moller Maersk A/S's Cyclically Adjusted PB Ratio or its related term are showing as below:

AMKBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 0.92   Max: 2.2
Current: 0.68

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

AMKBF's Cyclically Adjusted PB Ratio is ranked better than
74.09% of 687 companies
in the Transportation industry
Industry Median: 1.21 vs AMKBF: 0.68

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


A. P. Moller Maersk A/S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for A. P. Moller Maersk A/S'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.

A. P. Moller Maersk A/S Cyclically Adjusted PB Ratio Chart

A. P. Moller Maersk A/S 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 0.94 1.32 2.15 1.21 0.86

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 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 1.21 0.93 0.89 0.91 0.86

Competitive Comparison of A. P. Moller Maersk A/S's Cyclically Adjusted PB Ratio

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 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.

A. P. Moller Maersk A/S's Cyclically Adjusted PB Ratio for 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.

A. P. Moller Maersk A/S's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


A. P. Moller Maersk A/S  (OTCPK:AMKBF) 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.


A. P. Moller Maersk A/S Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of A. P. Moller Maersk A/S's Cyclically Adjusted PB Ratio 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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