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Koh Young Technology (XKRX:098460) Cyclically Adjusted PB Ratio : 3.81 (As of Jun. 08, 2024)


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What is Koh Young Technology Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Koh Young Technology's current share price is ₩13530.00. Koh Young Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩3,546.85. Koh Young Technology's Cyclically Adjusted PB Ratio for today is 3.81.

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

XKRX:098460' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.2   Med: 8.34   Max: 14.81
Current: 3.88

During the past years, Koh Young Technology's highest Cyclically Adjusted PB Ratio was 14.81. The lowest was 3.20. And the median was 8.34.

XKRX:098460's Cyclically Adjusted PB Ratio is ranked worse than
67.92% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs XKRX:098460: 3.88

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.

Koh Young Technology's adjusted book value per share data for the three months ended in Mar. 2024 was ₩4,636.856. 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 ₩3,546.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koh Young Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Koh Young Technology'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.

Koh Young Technology Cyclically Adjusted PB Ratio Chart

Koh Young Technology 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 10.51 9.07 8.78 4.15 4.76

Koh Young Technology 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 5.30 4.70 3.63 4.76 5.39

Competitive Comparison of Koh Young Technology's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Koh Young Technology'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.


Koh Young Technology's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Koh Young Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Koh Young Technology's Cyclically Adjusted PB Ratio falls into.



Koh Young Technology 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.

Koh Young Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13530.00/3546.85
=3.81

* 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.

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

For example, Koh Young Technology'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)
=4636.856/118.8477*118.8477
=4,636.856

Current CPI (Mar. 2024) = 118.8477.

Koh Young Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,543.712 99.353 1,846.614
201409 1,623.737 99.608 1,937.369
201412 1,739.355 99.098 2,085.999
201503 1,741.326 99.720 2,075.337
201506 1,827.336 100.050 2,170.661
201509 1,887.249 100.110 2,240.487
201512 1,971.905 100.220 2,338.419
201603 1,994.439 100.560 2,357.145
201606 2,088.734 100.790 2,462.955
201609 2,141.004 101.460 2,507.918
201612 2,353.380 101.560 2,753.976
201703 2,276.913 102.850 2,631.073
201706 2,472.128 102.610 2,863.334
201709 2,451.368 103.490 2,815.146
201712 2,465.670 102.990 2,845.317
201803 2,917.478 104.100 3,330.793
201806 3,112.957 104.130 3,552.941
201809 3,276.627 105.650 3,685.940
201812 3,341.578 104.350 3,805.835
201903 3,277.318 104.490 3,727.646
201906 3,431.316 104.880 3,888.292
201909 3,616.400 105.200 4,085.559
201912 3,608.012 105.120 4,079.185
202003 3,664.686 105.540 4,126.772
202006 3,670.497 104.870 4,159.723
202009 3,689.880 106.200 4,129.320
202012 3,639.891 105.765 4,090.115
202103 3,697.489 107.357 4,093.233
202106 3,857.153 107.579 4,261.198
202109 4,053.026 108.759 4,428.985
202112 4,147.895 109.676 4,494.748
202203 4,146.264 111.806 4,407.409
202206 4,342.583 114.083 4,523.960
202209 4,683.532 114.831 4,847.346
202212 4,553.198 115.200 4,697.363
202303 4,621.853 116.550 4,712.986
202306 4,697.652 117.140 4,766.140
202309 4,766.177 119.111 4,755.633
202312 4,654.250 118.848 4,654.250
202403 4,636.856 118.848 4,636.856

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.


Koh Young Technology  (XKRX:098460) 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.


Koh Young Technology Cyclically Adjusted PB Ratio Related Terms

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Koh Young Technology (XKRX:098460) Business Description

Traded in Other Exchanges
N/A
Address
15th Floor Halla Sigma Valley, 345-90 Gasan-dong, Geumcheon-gu, Seoul, KOR, 153-802
Koh Young Technology Inc is involved in development, manufacture, sales and services of 3d measurement and inspection solutions for process optimization in an innovative manufacturing environment. Its products and services include Solder paste inspection, Semiconductor inspection, Automated optical inspection and Machining optical inspection. The firm primarily develops SMT technology, MOI technology and Semi-conductor technology.

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