PeopleBio Co (XKRX:304840) ROCE % : -61.76% (As of Mar. 2024)

View and export this data going back to 2020. Start your Free Trial

What is PeopleBio Co ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. PeopleBio Co's annualized ROCE % for the quarter that ended in Mar. 2024 was -61.76%.

PeopleBio Co ROCE % Historical Data

The historical data trend for PeopleBio Co's ROCE % 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.

PeopleBio Co ROCE % Chart

PeopleBio Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

-76.49

-61.68

-23.63

-76.20

-89.38

PeopleBio Co Quarterly Data
	Jun19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial													-257.45	-188.51	-227.31	-92.67	-61.76

PeopleBio Co ROCE % Calculation

PeopleBio Co's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	-14983.221	/	( ( (42315.69 - 32836.349)	+	(27580.457 - 3533.167) )	/ 2 )
	=	-14983.221	/	( (9479.341	+	24047.29)	/ 2 )
	=	-14983.221	/	16763.3155
	=	-89.38 %

PeopleBio Co's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	-13761.032	/	( ( (27580.457 - 3533.167)	+	(23032.193 - 2518.131) )	/ 2 )
	=	-13761.032	/	( ( 24047.29	+	20514.062 )	/ 2 )
	=	-13761.032	/	22280.676
	=	-61.76 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

PeopleBio Co (XKRX:304840) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

PeopleBio Co ROCE % Related Terms

Thank you for viewing the detailed overview of PeopleBio Co's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

PeopleBio Co (XKRX:304840) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PeopleBio Co Ltd (XKRX:304840) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

242 Pangyo-ro, 6th Floor, PDC C-dong, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13487

Website

http://www.peoplebio.net

PeopleBio Co Ltd is a biotechnology company. The company is engaged in the business of developing diagnostic products for neurodegenerative diseases. The company's technology, Multimer Detection System (MDS), helps in detecting protein misfolding diseases like Alzheimer's disease, Parkinson's disease, and Creutzfeldt-Jakob's disease.

PeopleBio Co (XKRX:304840) Headlines

No Headlines