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Interojo Co (XKRX:119610) Cyclically Adjusted PB Ratio : 2.13 (As of Jun. 09, 2024)


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What is Interojo Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Interojo Co's current share price is ₩24900.00. Interojo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩11,668.30. Interojo Co's Cyclically Adjusted PB Ratio for today is 2.13.

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

XKRX:119610' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.13   Med: 3.14   Max: 3.92
Current: 2.13

During the past years, Interojo Co's highest Cyclically Adjusted PB Ratio was 3.92. The lowest was 2.13. And the median was 3.14.

XKRX:119610's Cyclically Adjusted PB Ratio is ranked worse than
50.95% of 475 companies
in the Medical Devices & Instruments industry
Industry Median: 2.1 vs XKRX:119610: 2.13

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.

Interojo Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩14,702.509. 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 ₩11,668.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Interojo Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Interojo 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.

Interojo Co Cyclically Adjusted PB Ratio Chart

Interojo 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 - 2.93 3.25 2.83 2.77

Interojo 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 2.89 3.44 3.25 2.77 2.54

Competitive Comparison of Interojo Co's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Interojo 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.


Interojo Co's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Interojo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Interojo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24900.00/11668.3
=2.13

* 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.

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

For example, Interojo 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)
=14702.509/118.8477*118.8477
=14,702.509

Current CPI (Mar. 2024) = 118.8477.

Interojo Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 4,705.710 99.353 5,629.048
201409 4,871.455 99.608 5,812.397
201412 5,050.543 99.098 6,057.089
201503 0.000 99.720 0.000
201506 0.000 100.050 0.000
201509 0.000 100.110 0.000
201512 6,064.617 100.220 7,191.836
201603 6,317.000 100.560 7,465.801
201606 6,683.530 100.790 7,880.962
201609 7,138.735 101.460 8,362.135
201612 7,446.986 101.560 8,714.623
201703 7,671.611 102.850 8,864.884
201706 8,082.140 102.610 9,361.112
201709 8,191.442 103.490 9,407.035
201712 8,716.556 102.990 10,058.672
201803 9,399.414 104.100 10,731.016
201806 9,612.650 104.130 10,971.299
201809 9,846.057 105.650 11,076.017
201812 10,257.619 104.350 11,682.745
201903 10,169.312 104.490 11,566.651
201906 10,250.911 104.880 11,616.106
201909 10,676.464 105.200 12,061.532
201912 11,292.316 105.120 12,766.988
202003 11,276.736 105.540 12,698.637
202006 11,388.846 104.870 12,906.819
202009 11,593.562 106.200 12,974.277
202012 11,844.149 105.765 13,309.172
202103 11,906.232 107.357 13,180.563
202106 11,981.862 107.579 13,236.989
202109 12,994.161 108.759 14,199.499
202112 13,889.445 109.676 15,050.901
202203 14,226.250 111.806 15,122.266
202206 14,282.730 114.083 14,879.277
202209 14,529.697 114.831 15,037.895
202212 14,384.654 115.200 14,840.105
202303 15,025.932 116.550 15,322.210
202306 15,673.143 117.140 15,901.644
202309 16,115.816 119.111 16,080.164
202312 15,008.046 118.848 15,008.046
202403 14,702.509 118.848 14,702.509

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.


Interojo Co  (XKRX:119610) 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.


Interojo Co Cyclically Adjusted PB Ratio Related Terms

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


Interojo Co (XKRX:119610) Business Description

Traded in Other Exchanges
N/A
Address
433-10, Mogok-dong, Pyeongtaek-city, Gyeonggi-Do, KOR, 459-040
Interojo Co Ltd is a Korea-based company engaged in the manufacturing and marketing of optical instrument and contact lenses. The key products include silicone hydrogel lens, sodium hyaluronate lens, frequent replacement lens, conventional lens, toric lens, multifocal vision lens, color lens, therapy and bandage lens, and RGP lens. The company's business span across Europe, Korea, Russia, China, Japan, Canada, and the USA.

Interojo Co (XKRX:119610) Headlines

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