GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » POSCO Holdings Inc (NYSE:PKX) » Definitions » Cyclically Adjusted PB Ratio

PKX (POSCO Holdings) Cyclically Adjusted PB Ratio : 0.37 (As of May. 25, 2025)


View and export this data going back to 1994. Start your Free Trial

What is POSCO Holdings Cyclically Adjusted PB Ratio?

As of today (2025-05-25), POSCO Holdings's current share price is $42.75. POSCO Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $116.71. POSCO Holdings's Cyclically Adjusted PB Ratio for today is 0.37.

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

PKX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.51   Max: 0.97
Current: 0.34

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.

PKX's Cyclically Adjusted PB Ratio is ranked better than
82.59% of 448 companies
in the Steel industry
Industry Median: 0.79 vs PKX: 0.34

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. 2025 was $128.873. 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 $116.71 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


POSCO Holdings Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

POSCO Holdings Cyclically Adjusted PB Ratio Chart

POSCO Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.47 0.44 0.77 0.38

POSCO Holdings Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.64 0.55 0.58 0.38 0.41

Competitive Comparison of POSCO Holdings's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


;
;

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
=42.75/116.71
=0.37

* 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. 2025 is calculated as:

For example, POSCO Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=128.873/122.5900*122.5900
=128.873

Current CPI (Mar. 2025) = 122.5900.

POSCO Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201506 116.577 100.051 142.839
201509 108.308 100.111 132.628
201512 110.068 100.220 134.636
201603 108.811 100.561 132.647
201606 111.307 100.791 135.381
201609 117.497 101.461 141.965
201612 111.828 101.561 134.982
201703 116.790 102.851 139.205
201706 119.161 102.611 142.362
201709 120.888 103.491 143.198
201712 125.994 102.991 149.971
201803 129.272 104.101 152.232
201806 125.453 104.130 147.693
201809 124.722 105.651 144.719
201812 120.622 104.351 141.705
201903 121.182 104.491 142.172
201906 118.188 104.881 138.144
201909 116.958 105.200 136.291
201912 118.091 105.121 137.715
202003 113.310 105.354 131.847
202006 115.131 105.112 134.275
202009 120.441 106.198 139.032
202012 133.183 105.765 154.369
202103 132.383 107.357 151.167
202106 137.685 107.579 156.897
202109 138.597 108.759 156.222
202112 140.674 109.676 157.237
202203 140.371 111.848 153.852
202206 137.414 114.072 147.675
202209 128.532 114.715 137.355
202212 133.713 115.179 142.316
202303 135.733 116.507 142.819
202306 138.020 117.182 144.390
202309 135.097 118.964 139.215
202312 136.771 118.837 141.090
202403 135.568 120.123 138.352
202406 132.475 120.007 135.326
202409 137.395 120.861 139.360
202412 127.166 121.135 128.693
202503 128.873 122.590 128.873

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.


POSCO Holdings  (NYSE:PKX) 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

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


POSCO Holdings Business Description

Industry
Address
POSCO Center, 440 Teheran-ro, Gangnam-gu, Seoul, KOR, 06194
POSCO Holdings Inc is a holding company and operates through its subsidiaries. The company operates across four distinct segments. The first segment is the Steel Segment, which includes the production and sale of steel products. The second segment is the Green Infrastructure Business, which is further divided into three operations. The Trading Segment comprises trading and natural resource development activities. The Construction Segment involves the planning, designing, and construction of industrial plants, civil engineering projects, and buildings. The Energy and Other Segments include power generation, as well as information technology and operational technology services. The third segment is the Green Materials and Energy Segment, and the fourth segment is the Others Segment.

POSCO Holdings Headlines

From GuruFocus

POSCO Holdings Inc (PKX) Shares Up 2.77% on Feb 26

By GuruFocus News 02-26-2025

POSCO Holdings Inc (PKX) Shares Up 1.55% on Feb 21

By GuruFocus News 02-21-2025

POSCO Holdings Inc (PKX) Shares Up 3.92% on Oct 28

By GuruFocus News 10-28-2024

POSCO Holdings Inc (PKX) Shares Down 6.13% on Mar 22

By GuruFocus News 03-22-2025

POSCO Holdings Inc (PKX) Shares Down 4.31% on Nov 29

By GuruFocus News 11-29-2024

Q3 2024 Posco Holdings Inc Earnings Call Transcript

By GuruFocus News 10-31-2024

Q4 2024 Posco Holdings Inc Earnings Call Transcript

By GuruFocus News 02-04-2025

POSCO Holdings Inc (PKX) Shares Down 4.49% on Oct 15

By GuruFocus News 10-15-2024