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Grupo TMM (Grupo TMM) Cyclically Adjusted PB Ratio : 0.20 (As of Jun. 06, 2024)


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What is Grupo TMM Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Grupo TMM's current share price is $0.88. Grupo TMM's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.36. Grupo TMM's Cyclically Adjusted PB Ratio for today is 0.20.

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

GTMAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.23   Max: 0.63
Current: 0.14

During the past years, Grupo TMM's highest Cyclically Adjusted PB Ratio was 0.63. The lowest was 0.08. And the median was 0.23.

GTMAY's Cyclically Adjusted PB Ratio is ranked better than
96.81% of 720 companies
in the Transportation industry
Industry Median: 1.255 vs GTMAY: 0.14

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 Mar. 2024 was $3.425. 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 $4.36 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo TMM Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Grupo TMM Cyclically Adjusted PB Ratio Chart

Grupo TMM 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 0.56 0.31 0.20 0.15 0.14

Grupo TMM Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.15 0.10 0.10 0.14 0.14

Competitive Comparison of Grupo TMM's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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
=0.88/4.36
=0.20

* 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 Mar. 2024 is calculated as:

For example, Grupo TMM's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.425/152.9470*152.9470
=3.425

Current CPI (Mar. 2024) = 152.9470.

Grupo TMM Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 96.609 0.000
201409 0.007 97.652 0.011
201412 1.888 99.469 2.903
201503 1.685 99.973 2.578
201506 1.212 99.382 1.865
201509 3.171 100.112 4.845
201512 1.043 101.588 1.570
201603 1.006 102.573 1.500
201606 0.560 101.905 0.840
201609 7.611 103.084 11.293
201612 2.129 105.002 3.101
201703 1.867 108.063 2.642
201706 1.122 108.339 1.584
201709 1.495 109.628 2.086
201712 5.382 112.114 7.342
201803 5.893 113.505 7.941
201806 5.454 113.373 7.358
201809 5.857 115.130 7.781
201812 5.176 117.530 6.736
201903 5.235 118.050 6.783
201906 5.390 117.848 6.995
201909 4.905 118.581 6.326
201912 6.165 120.854 7.802
202003 4.986 121.885 6.257
202006 4.965 121.777 6.236
202009 4.538 123.341 5.627
202012 5.426 124.661 6.657
202103 5.083 127.574 6.094
202106 5.112 128.936 6.064
202109 4.862 130.742 5.688
202112 4.253 133.830 4.861
202203 4.384 137.082 4.891
202206 4.340 139.233 4.767
202209 4.244 142.116 4.567
202212 4.437 144.291 4.703
202303 4.800 146.472 5.012
202306 5.064 146.272 5.295
202309 3.495 148.446 3.601
202312 3.309 151.017 3.351
202403 3.425 152.947 3.425

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.


Grupo TMM  (OTCPK:GTMAY) 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

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


Grupo TMM (Grupo TMM) Business Description

Traded in Other Exchanges
Address
Paseo de la Reforma No. 296, P.19. Colonia Juarez, Mexico, MEX, 06600
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 namely Maritime division, Logistics division, Ports, and terminals division and Warehousing division. The Maritime division includes transportation of bulk liquid products, materials, provisions for drilling platforms, and towing services for ships. 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 and bonded warehouses.

Grupo TMM (Grupo TMM) Headlines

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