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Seanergy Maritime Holdings (Seanergy Maritime Holdings) Cyclically Adjusted PB Ratio : 0.01 (As of May. 26, 2024)


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What is Seanergy Maritime Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Seanergy Maritime Holdings's current share price is $12.01. Seanergy Maritime Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1,383.87. Seanergy Maritime Holdings's Cyclically Adjusted PB Ratio for today is 0.01.

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

SHIP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.02
Current: 0.01

During the past years, Seanergy Maritime Holdings's highest Cyclically Adjusted PB Ratio was 0.02. The lowest was 0.01. And the median was 0.01.

SHIP's Cyclically Adjusted PB Ratio is ranked better than
99.86% of 707 companies
in the Transportation industry
Industry Median: 1.26 vs SHIP: 0.01

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.

Seanergy Maritime Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $11.727. 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 $1,383.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seanergy Maritime Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Seanergy Maritime Holdings'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.

Seanergy Maritime Holdings Cyclically Adjusted PB Ratio Chart

Seanergy Maritime Holdings 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 - - - - 0.01

Seanergy Maritime Holdings 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 - - - 0.01 0.01

Competitive Comparison of Seanergy Maritime Holdings's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Seanergy Maritime Holdings'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.


Seanergy Maritime Holdings's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Seanergy Maritime Holdings 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.

Seanergy Maritime Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.01/1383.87
=0.01

* 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.

Seanergy Maritime Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Seanergy Maritime Holdings'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)
=11.727/117.2848*117.2848
=11.727

Current CPI (Mar. 2024) = 117.2848.

Seanergy Maritime Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,969.000 103.060 3,378.781
201409 1,700.000 102.624 1,942.853
201412 1,612.048 100.254 1,885.891
201503 3,895.783 100.549 4,544.195
201506 5,674.699 100.838 6,600.275
201509 2,074.047 100.856 2,411.889
201512 2,863.961 100.087 3,356.088
201603 2,594.957 99.041 3,072.969
201606 2,571.218 100.121 3,012.012
201609 2,221.926 99.878 2,609.159
201612 2,171.268 100.110 2,543.782
201703 1,785.227 100.770 2,077.805
201706 1,578.131 101.138 1,830.081
201709 2,684.036 100.882 3,120.456
201712 2,680.921 100.762 3,120.522
201803 2,336.221 100.534 2,725.473
201806 1,798.618 102.121 2,065.700
201809 1,468.070 101.982 1,688.366
201812 1,278.691 101.330 1,480.027
201903 767.027 101.482 886.466
201906 221.497 101.837 255.096
201909 158.221 101.906 182.099
201912 177.599 102.120 203.972
202003 119.167 101.479 137.728
202006 19.329 100.239 22.616
202009 13.037 99.886 15.308
202012 14.008 99.751 16.470
202103 12.046 99.817 14.154
202106 11.836 101.270 13.708
202109 12.723 102.095 14.616
202112 14.133 104.853 15.809
202203 12.952 108.651 13.981
202206 13.097 113.517 13.532
202209 12.393 114.371 12.709
202212 12.187 112.428 12.714
202303 10.987 113.620 11.341
202306 11.243 115.515 11.415
202309 11.087 116.234 11.187
202312 11.634 116.364 11.726
202403 11.727 117.285 11.727

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.


Seanergy Maritime Holdings  (NAS:SHIP) 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.


Seanergy Maritime Holdings Cyclically Adjusted PB Ratio Related Terms

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


Seanergy Maritime Holdings (Seanergy Maritime Holdings) Business Description

Traded in Other Exchanges
Address
154 Vouliagmenis Avenue, Glyfada, Athens, GRC, 166 74
Seanergy Maritime Holdings Corp is an international shipping company that provides marine dry bulk transportation services through the ownership and operation of dry bulk vessels. It generates a majority of its revenue from the vessels. The company fleet of vessels includes Fellowship, Championship, Partnership, Knightship, Lordship, Gloriuship, Leadership, Geniuship, Premiership, and Squireship among others.
Executives
Nisswa Acquisition Master Fund Ltd. 10 percent owner C/O MAPLES CORPORATE SVCS LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104

Seanergy Maritime Holdings (Seanergy Maritime Holdings) Headlines

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