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Korea Computer (XKRX:054040) Cyclically Adjusted PB Ratio : 0.73 (As of Jun. 15, 2024)


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What is Korea Computer Cyclically Adjusted PB Ratio?

As of today (2024-06-15), Korea Computer's current share price is ₩5450.00. Korea Computer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩7,431.30. Korea Computer's Cyclically Adjusted PB Ratio for today is 0.73.

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

XKRX:054040' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 0.66   Max: 1.24
Current: 0.75

During the past years, Korea Computer's highest Cyclically Adjusted PB Ratio was 1.24. The lowest was 0.32. And the median was 0.66.

XKRX:054040's Cyclically Adjusted PB Ratio is ranked better than
78.47% of 1904 companies
in the Hardware industry
Industry Median: 1.655 vs XKRX:054040: 0.75

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.

Korea Computer's adjusted book value per share data for the three months ended in Mar. 2024 was ₩9,890.859. 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 ₩7,431.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Korea Computer Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Korea Computer'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.

Korea Computer Cyclically Adjusted PB Ratio Chart

Korea Computer 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 0.55 0.50 0.82 0.60 0.72

Korea Computer 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 0.62 0.60 0.73 0.72 0.86

Competitive Comparison of Korea Computer's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Korea Computer'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.


Korea Computer's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Korea Computer's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Korea Computer 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.

Korea Computer's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5450.00/7431.3
=0.73

* 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.

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

For example, Korea Computer'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)
=9890.859/118.8477*118.8477
=9,890.859

Current CPI (Mar. 2024) = 118.8477.

Korea Computer Quarterly Data

Book Value per Share CPI Adj_Book
201406 5,329.648 99.353 6,375.413
201409 5,453.788 99.608 6,507.210
201412 5,593.199 99.098 6,707.894
201503 5,563.930 99.720 6,631.170
201506 5,634.669 100.050 6,693.328
201509 5,821.511 100.110 6,911.130
201512 6,031.261 100.220 7,152.280
201603 6,006.008 100.560 7,098.252
201606 6,102.462 100.790 7,195.789
201609 6,166.642 101.460 7,223.450
201612 6,354.044 101.560 7,435.639
201703 6,199.599 102.850 7,163.909
201706 5,998.792 102.610 6,948.081
201709 5,958.002 103.490 6,842.157
201712 6,195.450 102.990 7,149.383
201803 5,881.082 104.100 6,714.247
201806 5,685.490 104.130 6,489.075
201809 5,840.076 105.650 6,569.613
201812 5,660.168 104.350 6,446.554
201903 5,531.529 104.490 6,291.602
201906 5,755.803 104.880 6,522.349
201909 6,149.707 105.200 6,947.515
201912 6,151.312 105.120 6,954.616
202003 6,078.384 105.540 6,844.817
202006 6,043.816 104.870 6,849.372
202009 6,105.802 106.200 6,832.962
202012 6,664.380 105.765 7,488.708
202103 6,722.483 107.357 7,441.994
202106 6,786.168 107.579 7,497.034
202109 7,184.980 108.759 7,851.459
202112 7,531.940 109.676 8,161.772
202203 7,512.501 111.806 7,985.663
202206 7,698.117 114.083 8,019.645
202209 8,510.671 114.831 8,808.345
202212 8,504.812 115.200 8,774.094
202303 8,641.993 116.550 8,812.394
202306 9,116.237 117.140 9,249.144
202309 9,731.318 119.111 9,709.790
202312 10,063.339 118.848 10,063.339
202403 9,890.859 118.848 9,890.859

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.


Korea Computer  (XKRX:054040) 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.


Korea Computer Cyclically Adjusted PB Ratio Related Terms

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


Korea Computer (XKRX:054040) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2nd Floor, 485-1 Daeheung-dong, Mapo-gu, Seoul, KOR, 730-350
Korea Computer Inc is engaged in providing electronic manufacturing services in South Korea. The company is involved in the manufacture of printed circuit boards, LCD/CDT monitors, LCD modules, printer, and office automation products, and banking terminal and information products. It serves enterprises and venture companies.

Korea Computer (XKRX:054040) Headlines

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