POSCO Holdings (BUE:PKS) Cyclically Adjusted PB Ratio: 0.48 (As of Aug. 07, 2026) — Near Median

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BUE:PKS POSCO Holdings Inc BUE:PKS
56 GF Score
Price ARS28,760.00
GF Value ARS31,132.79
Valuation Fairly Valued
! 6 Warning Signs
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What is POSCO Holdings Cyclically Adjusted PB Ratio?

POSCO Holdings BUE:PKS 56 Cyclically Adjusted PB Ratio is 0.48 as of Aug. 07, 2026, which is 6% below its 10-year median of 0.51. GuruFocus rates BUE:PKS with a GF Score™ of 56/100 and a GF Value™ of ARS31,132.79 (Fairly Valued). The stock has 6 warning signs investors should review. Among 500 Steel companies, POSCO Holdings ranks better than 73.6% on this metric.

As of today (2026-08-07), POSCO Holdings's current share price is ARS28760.00. POSCO Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ARS59,946.41. POSCO Holdings's Cyclically Adjusted PB Ratio for today is 0.48.

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

BUE:PKS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.51   Max: 0.97
Current: 0.45

During the past years, POSCO Holdings's highest Cyclically Adjusted PB Ratio was 0.97. The lowest was 0.27. And the median was 0.51.

BUE:PKS's Cyclically Adjusted PB Ratio is ranked better than
73.6% of 500 companies
in the Steel industry
Industry Median: 0.9 vs BUE:PKS: 0.45

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.

POSCO Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was ARS16,908,032.651. 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 ARS59,946.41 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


POSCO Holdings  (BUE:PKS) 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.


POSCO Holdings Cyclically Adjusted PB Ratio Related Terms


POSCO Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for POSCO Holdings'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.

POSCO Holdings Cyclically Adjusted PB Ratio Chart

POSCO Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.44 0.77 0.38 0.44

POSCO Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.41 0.38 0.40 0.44 0.47

BUE:PKS vs NUE, STLD, RS: Cyclically Adjusted PB Ratio Comparison

For the Steel subindustry, POSCO Holdings'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.


POSCO Holdings Cyclically Adjusted PB Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, POSCO Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BUE:PKS
56GF Score
POSCO Holdings Inc BUE:PKS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

POSCO Holdings 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.

POSCO Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28760.00/59946.41
=0.48

* 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.

POSCO Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, POSCO Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=16908032.651/125.2360*125.2360
=16,908,032.651

Current CPI (Mar. 2026) = 125.2360.

POSCO Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201606 149,388.153 100.791 185,620.050
201609 168,265.049 101.461 207,693.598
201612 170,196.179 101.561 209,870.184
201703 172,865.372 102.851 210,489.465
201706 188,629.453 102.611 230,220.241
201709 203,381.506 103.491 246,116.178
201712 230,984.475 102.991 280,875.299
201803 250,074.686 104.101 300,846.424
201806 300,397.277 104.130 361,283.444
201809 440,658.484 105.651 522,347.797
201812 436,665.334 104.351 524,061.839
201903 454,772.488 104.491 545,060.740
201906 506,954.739 104.881 605,343.620
201909 627,966.037 105.200 747,563.977
201912 677,668.997 105.121 807,339.279
202003 675,206.132 105.354 802,626.902
202006 756,703.073 105.112 901,577.806
202009 858,299.924 106.198 1,012,170.231
202012 1,040,590.378 105.765 1,232,155.096
202103 1,144,824.788 107.357 1,335,478.917
202106 1,252,141.716 107.579 1,457,661.839
202109 1,301,020.110 108.759 1,498,122.039
202112 1,363,866.849 109.676 1,557,356.265
202203 1,447,085.914 111.848 1,620,299.438
202206 1,587,550.610 114.072 1,742,916.450
202209 1,714,728.760 114.715 1,871,988.924
202212 2,152,297.464 115.179 2,340,223.974
202303 2,573,752.848 116.507 2,766,575.442
202306 3,179,477.144 117.182 3,398,001.910
202309 4,537,904.925 118.964 4,777,167.648
202312 4,739,207.849 118.837 4,994,395.136
202403 10,963,032.003 120.123 11,429,651.191
202406 11,386,826.437 120.007 11,882,948.751
202409 12,536,445.650 120.861 12,990,226.040
202412 12,329,474.196 121.135 12,746,864.911
202503 12,893,089.130 122.590 13,171,375.400
202506 15,093,148.739 122.611 15,416,267.985
202509 17,209,132.863 123.402 17,464,937.381
202512 17,528,268.939 123.939 17,711,656.342
202603 16,908,032.651 125.236 16,908,032.651

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.

What does a Cyclically Adjusted PB Ratio of 0.48 mean?
POSCO Holdings (BUE:PKS) has a Cyclically Adjusted PB Ratio of 0.48 as of Aug. 07, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on POSCO Holdings and its competitors. This is near median its historical median of 0.51. Over the past decade, POSCO Holdings' Cyclically Adjusted PB Ratio has ranged from 0.27 to 0.97. According to the industry distribution chart, POSCO Holdings ranks #132 out of 500 companies in the Steel industry, placing it in the top 26.4%.
Is POSCO Holdings' Cyclically Adjusted PB Ratio too high?
POSCO Holdings' current Cyclically Adjusted PB Ratio of 0.48 is near median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.97. The Steel industry median Cyclically Adjusted PB Ratio is 0.90. POSCO Holdings' value of 0.48 is 46.7% below this industry median. Based on the distribution chart, POSCO Holdings ranks #132 out of 500 companies in the Steel industry, which is above the industry midpoint. Overall, POSCO Holdings has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does POSCO Holdings' Cyclically Adjusted PB Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, POSCO Holdings ranks #132 out of 500 companies for Cyclically Adjusted PB Ratio. This puts POSCO Holdings in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.90. POSCO Holdings' value of 0.48 is 46.7% below this benchmark. Historically, POSCO Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.27 to 0.97 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.90, POSCO Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Steel company?
The median Cyclically Adjusted PB Ratio among Steel companies is 0.90, based on 500 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. POSCO Holdings's current Cyclically Adjusted PB Ratio of 0.48 is 46.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on POSCO Holdings and its competitors. For the Steel industry, the median Cyclically Adjusted PB Ratio is 0.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. POSCO Holdings's current Cyclically Adjusted PB Ratio is 0.48, which is near median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is POSCO Holdings stock overvalued right now?
Based on GuruFocus' analysis, POSCO Holdings (BUE:PKS) is currently considered Fairly Valued. The stock's GF Value™ is ARS31,132.79, compared to a current price of ARS28,760.00 — trading 7.6% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.48, which is near median its 10-year median of 0.51 and 46.7% below the Steel industry median of 0.90. POSCO Holdings' overall GF Score™ is 56/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For POSCO Holdings (BUE:PKS), the current Cyclically Adjusted PB Ratio is 0.48 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is POSCO Holdings (BUE:PKS) Overvalued in 2026?

Based on GuruFocus' analysis, POSCO Holdings stock appears to be undervalued. The current stock price of ARS28,760.00 is trading 7.6% below its estimated GF Value™ of ARS31,132.79. GuruFocus considers POSCO Holdings to be Fairly Valued.

Key valuation signals for BUE:PKS:

  • Cyclically Adjusted PB Ratio: 0.48 (near median its 10-year median of 0.51)
  • GF Value™: ARS31,132.79 vs. price of ARS28,760.00 (7.6% below fair value)
  • GF Score™: 56/100 with 6 warning signs
  • Industry Position: 46.7% below the Steel median (#132 of 500)

No single metric tells the full story. See the BUE:PKS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


POSCO Holdings Business Description

Address POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, KOR, 06194
POSCO Holdings Inc is a holding company operating through its subsidiaries. Its business is divided into segments, with the Steel segment generating the majority of revenue from the manufacture and sale of steel products. The Infrastructure segment includes trading, construction, and logistics and system integration activities. The Rechargeable Battery Materials segment focuses on EV battery materials such as lithium, nickel, and cathode and anode materials. The Others segment includes the controlling company and investment business. Geographically, the Group generates majority of its revenue from Asia (excluding China and Japan).
56GF Score

Get the complete analysis for BUE:PKS

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS28,760.00
Price
ARS31,132.79
GF Value