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Byon Co (XKRX:032980) Cyclically Adjusted PB Ratio : 0.58 (As of Jun. 10, 2024)


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What is Byon Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Byon Co's current share price is ₩1026.00. Byon Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩1,771.23. Byon Co's Cyclically Adjusted PB Ratio for today is 0.58.

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

XKRX:032980' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.8   Max: 1.71
Current: 0.58

During the past years, Byon Co's highest Cyclically Adjusted PB Ratio was 1.71. The lowest was 0.27. And the median was 0.80.

XKRX:032980's Cyclically Adjusted PB Ratio is ranked better than
68.96% of 451 companies
in the Conglomerates industry
Industry Median: 0.97 vs XKRX:032980: 0.58

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.

Byon Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩495.141. 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 ₩1,771.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Byon Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Byon 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.

Byon Co Cyclically Adjusted PB Ratio Chart

Byon Co Annual Data
Trend Jun14 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 0.90 1.05 0.94 0.63 0.69

Byon 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 0.72 0.92 0.71 0.69 0.51

Competitive Comparison of Byon Co's Cyclically Adjusted PB Ratio

For the Conglomerates subindustry, Byon 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.


Byon Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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



Byon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1026.00/1771.23
=0.58

* 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.

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

For example, Byon 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)
=495.141/118.8477*118.8477
=495.141

Current CPI (Mar. 2024) = 118.8477.

Byon Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,875.135 99.253 3,442.749
201406 2,151.739 99.353 2,573.946
201409 2,138.946 99.608 2,552.092
201503 2,047.524 99.720 2,440.268
201506 1,723.724 100.050 2,047.583
201509 1,672.176 100.110 1,985.159
201512 1,817.721 100.220 2,155.577
201603 2,037.392 100.560 2,407.909
201606 1,947.057 100.790 2,295.895
201609 2,043.882 101.460 2,394.152
201612 2,029.855 101.560 2,375.380
201703 2,137.682 102.850 2,470.186
201706 2,068.630 102.610 2,395.984
201709 2,147.275 103.490 2,465.926
201712 1,980.324 102.990 2,285.241
201803 2,277.205 104.100 2,599.813
201806 2,241.004 104.130 2,557.747
201809 2,252.174 105.650 2,533.513
201812 2,000.480 104.350 2,278.413
201903 1,979.315 104.490 2,251.288
201906 1,724.789 104.880 1,954.493
201909 1,700.820 105.200 1,921.469
201912 1,247.446 105.120 1,410.351
202003 1,282.022 105.540 1,443.674
202006 1,186.579 104.870 1,344.733
202009 1,237.318 106.200 1,384.674
202012 1,226.217 105.765 1,377.890
202103 1,218.178 107.357 1,348.560
202106 1,294.512 107.579 1,430.115
202109 1,277.763 108.759 1,396.288
202112 994.353 109.676 1,077.502
202203 965.772 111.806 1,026.600
202206 878.309 114.083 914.993
202209 845.948 114.831 875.536
202212 645.366 115.200 665.800
202303 607.885 116.550 619.871
202306 584.449 117.140 592.970
202309 554.749 119.111 553.522
202312 506.029 118.848 506.029
202403 495.141 118.848 495.141

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.


Byon Co  (XKRX:032980) 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.


Byon Co Cyclically Adjusted PB Ratio Related Terms

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


Byon Co (XKRX:032980) Business Description

Industry
Traded in Other Exchanges
N/A
Address
KJ Tower, Bongeunsa-ro 207, 13th Floor, Gangnam-gu, Seoul, KOR
Byon Co Ltd is a South Korea based company engages in the development of cell therapy using stem cell technology and commercialization of myocardial cells. It also manufactures and supplies health food raw materials and processed products, cosmetics, cosmetic containers, and cosmetic auxiliary materials.

Byon Co (XKRX:032980) Headlines

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