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Hanshin Construction Co (XKRX:004960) Cyclically Adjusted PB Ratio : 0.15 (As of Jun. 10, 2024)


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What is Hanshin Construction Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Hanshin Construction Co's current share price is ₩6910.00. Hanshin Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩44,833.30. Hanshin Construction Co's Cyclically Adjusted PB Ratio for today is 0.15.

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

XKRX:004960' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.46   Max: 0.78
Current: 0.15

During the past years, Hanshin Construction Co's highest Cyclically Adjusted PB Ratio was 0.78. The lowest was 0.14. And the median was 0.46.

XKRX:004960's Cyclically Adjusted PB Ratio is ranked better than
95.86% of 1257 companies
in the Construction industry
Industry Median: 1.12 vs XKRX:004960: 0.15

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.

Hanshin Construction Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩66,462.309. 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 ₩44,833.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hanshin Construction Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hanshin Construction Co'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.

Hanshin Construction Co Cyclically Adjusted PB Ratio Chart

Hanshin Construction Co 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 0.44 0.48 0.42 0.21 0.16

Hanshin Construction Co 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 0.18 0.20 0.17 0.16 0.15

Competitive Comparison of Hanshin Construction Co's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Hanshin Construction Co'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.


Hanshin Construction Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hanshin Construction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hanshin Construction Co's Cyclically Adjusted PB Ratio falls into.



Hanshin Construction Co 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.

Hanshin Construction Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6910.00/44833.3
=0.15

* 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.

Hanshin Construction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Hanshin Construction Co'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)
=66462.309/118.8477*118.8477
=66,462.309

Current CPI (Mar. 2024) = 118.8477.

Hanshin Construction Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 20,168.775 99.353 24,126.222
201409 20,127.464 99.608 24,015.167
201412 18,763.357 99.098 22,502.793
201503 18,021.265 99.720 21,477.997
201506 18,461.241 100.050 21,929.795
201509 18,939.769 100.110 22,484.747
201512 23,047.609 100.220 27,331.424
201603 23,718.651 100.560 28,032.091
201606 24,266.694 100.790 28,614.354
201609 24,530.944 101.460 28,734.933
201612 25,853.656 101.560 30,254.505
201703 27,399.734 102.850 31,661.598
201706 28,416.317 102.610 32,913.107
201709 30,864.471 103.490 35,444.694
201712 31,757.559 102.990 36,647.372
201803 31,891.104 104.100 36,409.072
201806 33,148.315 104.130 37,833.487
201809 33,917.974 105.650 38,154.976
201812 37,964.613 104.350 43,239.166
201903 39,134.145 104.490 44,511.466
201906 40,937.239 104.880 46,389.175
201909 42,148.796 105.200 47,616.801
201912 43,705.024 105.120 49,412.496
202003 45,062.678 105.540 50,744.700
202006 46,918.054 104.870 53,171.572
202009 48,189.015 106.200 53,928.000
202012 52,883.294 105.765 59,424.517
202103 53,552.145 107.357 59,283.860
202106 54,026.504 107.579 59,685.902
202109 54,354.882 108.759 59,396.839
202112 58,014.345 109.676 62,865.589
202203 58,509.033 111.806 62,194.126
202206 58,877.520 114.083 61,336.659
202209 59,592.516 114.831 61,676.855
202212 63,048.823 115.200 65,045.092
202303 63,172.582 116.550 64,418.205
202306 63,394.781 117.140 64,319.023
202309 63,723.928 119.111 63,582.957
202312 66,059.490 118.848 66,059.490
202403 66,462.309 118.848 66,462.309

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.


Hanshin Construction Co  (XKRX:004960) 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.


Hanshin Construction Co Cyclically Adjusted PB Ratio Related Terms

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Hanshin Construction Co (XKRX:004960) Business Description

Traded in Other Exchanges
N/A
Address
15-1 Baegamri baegam-myeon, Cheoin-gu, Yong-in, Gyeonggi-do, KOR
Hanshin Construction Co Ltd is a Korea-based company engaged in the construction works. The company's business area consists of civil works, electricity and plant, remodeling and overseas. It is into the construction of housings and apartments, office buildings, cultural facilities, such as shopping centers, sports centers, and hospitals. The company also provides civil works comprising highways, waterworks, water-purifiers, railways, subways, and bridges. Additionally, its electricity and plant business include transformer substation and electric railway lines. It also renders remodeling services in various fields such as constructions, buildings, and interiors.

Hanshin Construction Co (XKRX:004960) Headlines

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