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Partron Co (XKRX:091700) Cyclically Adjusted PB Ratio : 1.00 (As of Jun. 09, 2024)


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What is Partron Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Partron Co's current share price is ₩7710.00. Partron Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩7,683.92. Partron Co's Cyclically Adjusted PB Ratio for today is 1.00.

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

XKRX:091700' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.79   Max: 3.83
Current: 1

During the past years, Partron Co's highest Cyclically Adjusted PB Ratio was 3.83. The lowest was 1.00. And the median was 1.79.

XKRX:091700's Cyclically Adjusted PB Ratio is ranked better than
69.51% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs XKRX:091700: 1.00

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.

Partron Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩9,012.418. 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 ₩7,683.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Partron Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Partron 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.

Partron Co Cyclically Adjusted PB Ratio Chart

Partron 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 2.55 1.97 2.07 1.14 1.07

Partron 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 1.14 1.24 1.04 1.07 1.02

Competitive Comparison of Partron Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Partron 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.


Partron Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Partron 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7710.00/7683.92
=1.00

* 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.

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

For example, Partron 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)
=9012.418/118.8477*118.8477
=9,012.418

Current CPI (Mar. 2024) = 118.8477.

Partron Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 5,352.306 99.353 6,402.517
201409 5,616.596 99.608 6,701.465
201412 5,804.379 99.098 6,961.161
201503 5,737.854 99.720 6,838.455
201506 5,734.079 100.050 6,811.415
201509 6,128.483 100.110 7,275.558
201512 6,217.987 100.220 7,373.712
201603 6,188.405 100.560 7,313.820
201606 6,343.660 100.790 7,480.200
201609 6,088.065 101.460 7,131.407
201612 6,458.248 101.560 7,557.581
201703 5,875.348 102.850 6,789.223
201706 6,033.137 102.610 6,987.861
201709 6,141.015 103.490 7,052.329
201712 5,803.901 102.990 6,697.546
201803 5,851.408 104.100 6,680.369
201806 5,863.358 104.130 6,692.083
201809 5,924.868 105.650 6,664.997
201812 5,799.400 104.350 6,605.130
201903 6,164.551 104.490 7,011.606
201906 6,393.995 104.880 7,245.534
201909 7,027.491 105.200 7,939.174
201912 6,880.187 105.120 7,778.676
202003 6,861.900 105.540 7,727.127
202006 6,712.842 104.870 7,607.570
202009 6,984.345 106.200 7,816.133
202012 6,866.804 105.765 7,716.171
202103 7,093.822 107.357 7,853.078
202106 7,241.936 107.579 8,000.545
202109 8,126.152 108.759 8,879.934
202112 8,248.855 109.676 8,938.636
202203 8,230.665 111.806 8,749.060
202206 8,443.952 114.083 8,796.631
202209 8,987.361 114.831 9,301.708
202212 8,739.464 115.200 9,016.175
202303 8,838.717 116.550 9,012.997
202306 8,989.170 117.140 9,120.224
202309 8,907.549 119.111 8,887.844
202312 8,928.608 118.848 8,928.608
202403 9,012.418 118.848 9,012.418

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.


Partron Co  (XKRX:091700) 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.


Partron Co Cyclically Adjusted PB Ratio Related Terms

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


Partron Co (XKRX:091700) Business Description

Industry
Traded in Other Exchanges
N/A
Address
22-6, Seoku-Dong, Hwaseong, Gyeonggi, KOR, 445-170
Partron Co Ltd is a manufacturer of electronic components used in mobile phones and telecommunications devices. Partron's mobile phone components include camera modules, antennas, sensors and oscillators. Other components include crystal units, global positioning system modules, bluetooth modules, and isolators. The firm has manufacturing facilities in China and Vietnam, and owns patented technologies. A majority of the firm's revenue is generated in South Korea, with the rest coming from countries across the world.

Partron Co (XKRX:091700) Headlines

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