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As of today (2024-06-10), Genco Shipping & Trading's current share price is $21.74. Genco Shipping & Trading's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $74.01. Genco Shipping & Trading's Cyclically Adjusted PB Ratio for today is 0.29.
The historical rank and industry rank for Genco Shipping & Trading's Cyclically Adjusted PB Ratio or its related term are showing as below:
During the past years, Genco Shipping & Trading's highest Cyclically Adjusted PB Ratio was 0.76. The lowest was 0.02. And the median was 0.07.
GNK's Cyclically Adjusted PB Ratio is ranked better thanThe 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.
Genco Shipping & Trading's adjusted book value per share data for the three months ended in Mar. 2024 was $21.405. 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 $74.01 for the trailing ten years ended in Mar. 2024.
The historical data trend for Genco Shipping & Trading'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.
Genco Shipping & Trading 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 | 0.16 | 0.16 | 0.17 | 0.22 | 0.27 |
For the Marine Shipping subindustry, Genco Shipping & Trading'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.
For the Transportation industry and Industrials sector, Genco Shipping & Trading's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Genco Shipping & Trading's Cyclically Adjusted PB Ratio falls into.
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.
Genco Shipping & Trading's Cyclically Adjusted PB Ratio for today is calculated as
Cyclically Adjusted PB Ratio | = | Share Price | / | Cyclically Adjusted Book per Share |
= | 21.74 | / | 74.01 | |
= | 0.29 |
* 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.
Genco Shipping & Trading's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:
For example, Genco Shipping & Trading'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) |
= | 21.405 | / | 131.7762 | * | 131.7762 | |
= | 21.405 |
Current CPI (Mar. 2024) = 131.7762.
Genco Shipping & Trading Quarterly Data
Book Value per Share | CPI | Adj_Book | |
201406 | 137.287 | 100.560 | 179.905 |
201409 | 196.778 | 100.428 | 258.202 |
201412 | 169.675 | 99.070 | 225.691 |
201503 | 165.620 | 99.621 | 219.078 |
201506 | 160.326 | 100.684 | 209.836 |
201509 | 157.762 | 100.392 | 207.082 |
201512 | 151.714 | 99.792 | 200.339 |
201603 | 143.834 | 100.470 | 188.652 |
201606 | 129.412 | 101.688 | 167.703 |
201609 | 126.201 | 101.861 | 163.265 |
201612 | 123.586 | 101.863 | 159.879 |
201703 | 29.486 | 102.862 | 37.774 |
201706 | 29.095 | 103.349 | 37.098 |
201709 | 28.226 | 104.136 | 35.718 |
201712 | 28.235 | 104.011 | 35.772 |
201803 | 26.614 | 105.290 | 33.309 |
201806 | 24.749 | 106.317 | 30.676 |
201809 | 24.902 | 106.507 | 30.810 |
201812 | 25.293 | 105.998 | 31.444 |
201903 | 25.109 | 107.251 | 30.851 |
201906 | 24.295 | 108.070 | 29.624 |
201909 | 23.958 | 108.329 | 29.143 |
201912 | 23.433 | 108.420 | 28.481 |
202003 | 20.363 | 108.902 | 24.640 |
202006 | 19.918 | 108.767 | 24.132 |
202009 | 19.406 | 109.815 | 23.287 |
202012 | 17.822 | 109.897 | 21.370 |
202103 | 17.819 | 111.754 | 21.011 |
202106 | 18.543 | 114.631 | 21.316 |
202109 | 19.814 | 115.734 | 22.560 |
202112 | 21.863 | 117.630 | 24.492 |
202203 | 22.179 | 121.301 | 24.094 |
202206 | 22.467 | 125.017 | 23.682 |
202209 | 22.959 | 125.227 | 24.160 |
202212 | 22.856 | 125.222 | 24.052 |
202303 | 22.313 | 127.348 | 23.089 |
202306 | 22.429 | 128.729 | 22.960 |
202309 | 21.515 | 129.860 | 21.833 |
202312 | 21.465 | 129.419 | 21.856 |
202403 | 21.405 | 131.776 | 21.405 |
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.
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.
Thank you for viewing the detailed overview of Genco Shipping & Trading's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Peter George Allen | officer: Chief Financial Officer | GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171 |
Arthur L Regan | director | C/O ARLINGTON TANKERS LTD, THE HAYWARD BUILDING 22 BERMUDIANA ROAD, HAMILTON HM 11 D0 -- |
Jesper Christensen | officer: Chief Commercial Officer | GENCO SHIPPING & TRADING LIMITED, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171 |
Robert E Hughes | officer: Chief Operations Officer | GENCO SHIPPING & TRADING LIMITED, 299 PARK AVE., 12TH FLOOR, NEW YORK NY 10171 |
Apostolos Zafolias | officer: Chief Financial Officer | GENCO SHIPPING & TRADING, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171 |
John C Wobensmith | officer: Chief Financial Officer | 35 WEST 56TH STREET, NEW YORK NY 10019 |
Joseph Adamo | officer: Chief Accounting Officer | GENCO SHIPPING & TRADING, 299 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10171 |
Ccp Ii Cayman Gp Ltd. | 10 percent owner | 375 PARK AVE, 12TH FLOOR, NEW YORK NY 10152 |
Centerbridge Credit Partners, L.p. | 10 percent owner | 375 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10152 |
Karin Y Orsel | director | HOGELANDSTERWEG 14, FARMSUM P7 9936 BH |
Apollo Management Holdings Gp, Llc | 10 percent owner | 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019 |
Strategic Value Partners, Llc | 10 percent owner | 100 WEST PUTNAM AVENUE, GREENWICH CT 06830 |
Daniel Han | director | GENCO SHIPPING & TRADING LIMITED, 299 PARK AVE., 12TH FLOOR, NEW YORK NY 10171 |
Kathleen C Haines | director | P.O. BOX 385, COS COB CT 06807 |
Christoph O Majeske | director | 17001 NORTHCHASE DR., STE. 100, HOUSTON TX 77060 |
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