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Pavonine Co (XKRX:177830) Cyclically Adjusted PB Ratio : 0.63 (As of Jun. 06, 2024)


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What is Pavonine Co Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Pavonine Co's current share price is ₩3670.00. Pavonine Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩5,823.87. Pavonine Co's Cyclically Adjusted PB Ratio for today is 0.63.

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

XKRX:177830' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.62   Max: 0.81
Current: 0.63

During the past years, Pavonine Co's highest Cyclically Adjusted PB Ratio was 0.81. The lowest was 0.58. And the median was 0.62.

XKRX:177830's Cyclically Adjusted PB Ratio is ranked better than
82.43% of 1895 companies
in the Hardware industry
Industry Median: 1.68 vs XKRX:177830: 0.63

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.

Pavonine Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩5,986.919. 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 ₩5,823.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pavonine Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pavonine 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.

Pavonine Co Cyclically Adjusted PB Ratio Chart

Pavonine 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 - - - - 0.59

Pavonine 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 - 0.77 0.76 0.59 0.60

Competitive Comparison of Pavonine Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Pavonine 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.


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

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

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



Pavonine 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3670.00/5823.87
=0.63

* 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.

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

For example, Pavonine 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)
=5986.919/118.8477*118.8477
=5,986.919

Current CPI (Mar. 2024) = 118.8477.

Pavonine Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.353 0.000
201409 5,031.446 99.608 6,003.291
201412 5,071.114 99.098 6,081.760
201503 0.000 99.720 0.000
201506 0.000 100.050 0.000
201509 0.000 100.110 0.000
201512 4,610.916 100.220 5,467.938
201603 4,493.834 100.560 5,311.076
201606 4,788.289 100.790 5,646.167
201609 4,890.192 101.460 5,728.248
201612 4,928.492 101.560 5,767.428
201703 5,023.346 102.850 5,804.697
201706 5,089.114 102.610 5,894.450
201709 5,142.465 103.490 5,905.596
201712 4,934.587 102.990 5,694.381
201803 5,062.881 104.100 5,780.132
201806 5,311.567 104.130 6,062.302
201809 5,313.559 105.650 5,977.324
201812 5,472.166 104.350 6,232.433
201903 5,309.598 104.490 6,039.176
201906 5,268.158 104.880 5,969.760
201909 5,270.351 105.200 5,954.079
201912 4,285.618 105.120 4,845.280
202003 4,640.911 105.540 5,226.091
202006 4,565.876 104.870 5,174.443
202009 4,777.537 106.200 5,346.509
202012 4,832.101 105.765 5,429.792
202103 5,127.721 107.357 5,676.544
202106 5,196.862 107.579 5,741.245
202109 5,524.043 108.759 6,036.453
202112 5,445.658 109.676 5,901.032
202203 5,627.917 111.806 5,982.382
202206 5,820.586 114.083 6,063.695
202209 6,109.049 114.831 6,322.722
202212 6,024.064 115.200 6,214.800
202303 6,130.578 116.550 6,251.459
202306 6,103.020 117.140 6,191.997
202309 6,035.952 119.111 6,022.599
202312 5,925.122 118.848 5,925.122
202403 5,986.919 118.848 5,986.919

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.


Pavonine Co  (XKRX:177830) 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.


Pavonine Co Cyclically Adjusted PB Ratio Related Terms

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


Pavonine Co (XKRX:177830) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Hogupo-ro33, Incheon, KOR
Pavonine Co Ltd is engaged in manufacturing electronic components. The company provides design services for display, appliances such as refrigerator, and medical equipment.

Pavonine Co (XKRX:177830) Headlines

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