GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ITEK Inc (XKRX:119830) » Definitions » Cyclically Adjusted PB Ratio

ITEK (XKRX:119830) Cyclically Adjusted PB Ratio : 1.18 (As of Jun. 09, 2024)


View and export this data going back to 2010. Start your Free Trial

What is ITEK Cyclically Adjusted PB Ratio?

As of today (2024-06-09), ITEK's current share price is ₩7160.00. ITEK's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩6,054.78. ITEK's Cyclically Adjusted PB Ratio for today is 1.18.

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

XKRX:119830' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.62   Max: 2.44
Current: 1.18

During the past years, ITEK's highest Cyclically Adjusted PB Ratio was 2.44. The lowest was 1.11. And the median was 1.62.

XKRX:119830's Cyclically Adjusted PB Ratio is ranked better than
77.07% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs XKRX:119830: 1.18

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.

ITEK's adjusted book value per share data for the three months ended in Mar. 2024 was ₩7,061.618. 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 ₩6,054.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


ITEK Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ITEK'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.

ITEK Cyclically Adjusted PB Ratio Chart

ITEK 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 - 1.69 1.76 1.18 1.20

ITEK 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 1.59 1.76 1.47 1.20 1.36

Competitive Comparison of ITEK's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, ITEK'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.


ITEK's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



ITEK 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.

ITEK's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7160.00/6054.78
=1.18

* 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.

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

For example, ITEK'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)
=7061.618/118.8477*118.8477
=7,061.618

Current CPI (Mar. 2024) = 118.8477.

ITEK Quarterly Data

Book Value per Share CPI Adj_Book
201406 4,538.095 99.353 5,428.544
201409 4,665.099 99.608 5,566.182
201412 4,555.466 99.098 5,463.346
201503 4,204.507 99.720 5,010.991
201506 4,349.396 100.050 5,166.574
201509 4,439.943 100.110 5,270.972
201512 4,437.493 100.220 5,262.281
201603 4,542.472 100.560 5,368.560
201606 4,615.610 100.790 5,442.550
201609 4,723.064 101.460 5,532.479
201612 4,710.441 101.560 5,512.260
201703 4,708.495 102.850 5,440.873
201706 4,711.073 102.610 5,456.585
201709 0.000 103.490 0.000
201712 4,948.541 102.990 5,710.484
201803 4,875.110 104.100 5,565.760
201806 5,300.641 104.130 6,049.832
201809 6,147.548 105.650 6,915.494
201812 5,859.153 104.350 6,673.185
201903 5,977.545 104.490 6,798.904
201906 4,936.503 104.880 5,593.936
201909 5,329.852 105.200 6,021.299
201912 5,276.306 105.120 5,965.343
202003 5,482.655 105.540 6,173.971
202006 5,431.552 104.870 6,155.502
202009 5,859.906 106.200 6,557.781
202012 5,476.981 105.765 6,154.438
202103 5,379.635 107.357 5,955.420
202106 4,986.503 107.579 5,508.850
202109 5,207.274 108.759 5,690.301
202112 5,839.811 109.676 6,328.144
202203 5,941.120 111.806 6,315.311
202206 5,964.956 114.083 6,214.095
202209 7,506.117 114.831 7,768.655
202212 7,113.455 115.200 7,338.683
202303 7,057.612 116.550 7,196.772
202306 6,816.353 117.140 6,915.730
202309 6,839.663 119.111 6,824.532
202312 6,760.163 118.848 6,760.163
202403 7,061.618 118.848 7,061.618

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.


ITEK  (XKRX:119830) 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.


ITEK Cyclically Adjusted PB Ratio Related Terms

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


ITEK (XKRX:119830) Business Description

Industry
Traded in Other Exchanges
N/A
Address
9-15, DongtanSandan 4-Gil, Gyeonggi-Do, Hwaseong-Si, KOR, 18487
ITEK Inc, formerly ITEK Semiconductor Inc is a Korea based company that tests system semiconductors after it is manufactured. The test services provided by the company are probe test, final test, backend, and turnkey service. In addition, the organization offers solutions such as design-to-test solutions, logic, mixed signal and SOC, Analog and mixed signal, RF, and System level test.

ITEK (XKRX:119830) Headlines

No Headlines