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GSE Co (XKRX:053050) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is GSE Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GSE Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GSE 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.

GSE Co Cyclically Adjusted PB Ratio Chart

GSE 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 0.72 0.76 1.30 1.49 1.22

GSE 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 1.28 1.35 1.18 1.22 -

Competitive Comparison of GSE Co's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Gas subindustry, GSE 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.


GSE Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, GSE Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GSE 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.

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

For example, GSE 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)
=3180.984/118.8477*118.8477
=3,180.984

Current CPI (Mar. 2024) = 118.8477.

GSE Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,942.515 99.353 2,323.669
201409 1,903.926 99.608 2,271.677
201412 1,900.752 99.098 2,279.562
201503 1,940.110 99.720 2,312.250
201506 1,999.125 100.050 2,374.727
201509 1,965.091 100.110 2,332.899
201512 2,016.263 100.220 2,391.022
201603 2,075.477 100.560 2,452.920
201606 2,129.525 100.790 2,511.054
201609 2,078.686 101.460 2,434.921
201612 2,135.288 101.560 2,498.760
201703 2,190.793 102.850 2,531.558
201706 2,246.772 102.610 2,602.316
201709 2,218.551 103.490 2,547.779
201712 2,262.710 102.990 2,611.107
201803 2,334.575 104.100 2,665.311
201806 2,397.629 104.130 2,736.509
201809 2,366.640 105.650 2,662.278
201812 2,395.477 104.350 2,728.289
201903 2,446.119 104.490 2,782.234
201906 2,483.235 104.880 2,813.947
201909 2,458.872 105.200 2,777.864
201912 2,495.312 105.120 2,821.177
202003 2,561.024 105.540 2,883.947
202006 2,593.328 104.870 2,938.982
202009 2,542.503 106.200 2,845.298
202012 2,607.589 105.765 2,930.126
202103 2,707.381 107.357 2,997.153
202106 2,740.049 107.579 3,027.075
202109 2,754.465 108.759 3,009.969
202112 2,775.589 109.676 3,007.688
202203 2,900.262 111.806 3,082.930
202206 2,969.966 114.083 3,094.013
202209 2,942.972 114.831 3,045.907
202212 2,955.221 115.200 3,048.790
202303 3,031.691 116.550 3,091.469
202306 3,095.404 117.140 3,140.532
202309 3,062.854 119.111 3,056.078
202312 3,088.229 118.848 3,088.229
202403 3,180.984 118.848 3,180.984

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.


GSE Co  (XKRX:053050) 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.


GSE Co Cyclically Adjusted PB Ratio Related Terms

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


GSE Co (XKRX:053050) Business Description

Traded in Other Exchanges
N/A
Address
412-30, Gum-dongno, Sacheon-eup, Gyeongsangnam-do, Sacheon-si, KOR, 151-706
GSE Co Ltd is a Korea based company engaged in the city gas supply business. The business includes the supply of natural gas as a raw material and supply of city gas to the demander. It supplies city gas such as Liquefied natural gas (LNG).

GSE Co (XKRX:053050) Headlines

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