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Dreamus Co (XKRX:060570) Cyclically Adjusted PB Ratio : 1.26 (As of Jun. 04, 2024)


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What is Dreamus Co Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Dreamus Co's current share price is ₩2725.00. Dreamus Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩2,163.99. Dreamus Co's Cyclically Adjusted PB Ratio for today is 1.26.

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

XKRX:060570' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 2.48   Max: 4.48
Current: 1.23

During the past years, Dreamus Co's highest Cyclically Adjusted PB Ratio was 4.48. The lowest was 0.98. And the median was 2.48.

XKRX:060570's Cyclically Adjusted PB Ratio is ranked worse than
54.05% of 679 companies
in the Media - Diversified industry
Industry Median: 1.13 vs XKRX:060570: 1.23

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.

Dreamus Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩2,164.267. 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 ₩2,163.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dreamus Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dreamus 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.

Dreamus Co Cyclically Adjusted PB Ratio Chart

Dreamus 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 2.78 2.80 3.31 1.47 1.38

Dreamus 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 1.70 1.56 1.45 1.38 1.39

Competitive Comparison of Dreamus Co's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Dreamus 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.


Dreamus Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Dreamus Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dreamus 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2725.00/2163.99
=1.26

* 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.

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

For example, Dreamus 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)
=2164.267/118.8477*118.8477
=2,164.267

Current CPI (Mar. 2024) = 118.8477.

Dreamus Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 734.843 99.353 879.031
201409 799.944 99.608 954.457
201412 1,531.706 99.098 1,836.967
201503 1,535.972 99.720 1,830.593
201506 1,543.988 100.050 1,834.077
201509 1,553.529 100.110 1,844.305
201512 1,545.427 100.220 1,832.673
201603 1,517.440 100.560 1,793.400
201606 1,454.780 100.790 1,715.421
201609 1,335.664 101.460 1,564.563
201612 1,226.344 101.560 1,435.094
201703 1,073.895 102.850 1,240.933
201706 1,030.062 102.610 1,193.066
201709 2,211.954 103.490 2,540.203
201712 2,390.723 102.990 2,758.830
201803 2,412.946 104.100 2,754.785
201806 2,418.478 104.130 2,760.305
201809 3,244.733 105.650 3,650.062
201812 2,877.358 104.350 3,277.119
201903 2,724.891 104.490 3,099.311
201906 2,549.742 104.880 2,889.311
201909 2,523.680 105.200 2,851.080
201912 2,073.846 105.120 2,344.671
202003 2,090.860 105.540 2,354.500
202006 2,014.351 104.870 2,282.836
202009 1,937.191 106.200 2,167.897
202012 1,684.891 105.765 1,893.298
202103 1,722.896 107.357 1,907.299
202106 1,426.831 107.579 1,576.295
202109 1,673.752 108.759 1,829.009
202112 1,400.641 109.676 1,517.765
202203 1,613.055 111.806 1,714.651
202206 2,044.697 114.083 2,130.098
202209 2,221.021 114.831 2,298.705
202212 2,785.842 115.200 2,874.048
202303 2,823.434 116.550 2,879.106
202306 3,022.505 117.140 3,066.571
202309 2,849.186 119.111 2,842.883
202312 2,180.293 118.848 2,180.293
202403 2,164.267 118.848 2,164.267

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.


Dreamus Co  (XKRX:060570) 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.


Dreamus Co Cyclically Adjusted PB Ratio Related Terms

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


Dreamus Co (XKRX:060570) Business Description

Traded in Other Exchanges
N/A
Address
18, Bangbae-dong, Seocho-gu, Seoul, KOR, 06664
Dreamus Co, formerly Iriver Ltd is a Korea based company engaged in the manufacturing of various digital gadgets such as MP3 players. Its product offerings include CD player, digital voice recorder, e-book, electronic dictionary, smart devices, Bluetooth speakers, charger, earphones, among others.

Dreamus Co (XKRX:060570) Headlines

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