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SK Gas Co (SK Gas Co) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is SK Gas Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


SK Gas Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SK Gas 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.

SK Gas Co Cyclically Adjusted PB Ratio Chart

SK Gas 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 0.61 0.69 0.75 0.61 0.71

SK Gas 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 0.61 0.64 0.73 0.71 0.71

Competitive Comparison of SK Gas Co's Cyclically Adjusted PB Ratio

For the Oil & Gas Refining & Marketing subindustry, SK Gas 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.


SK Gas Co's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, SK Gas Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SK Gas 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.

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

For example, SK Gas 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)
=222.847/118.8477*118.8477
=222.847

Current CPI (Mar. 2024) = 118.8477.

SK Gas Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 135.690 99.353 162.315
201409 132.837 99.608 158.495
201412 125.920 99.098 151.015
201503 121.208 99.720 144.457
201506 123.832 100.050 147.098
201509 116.059 100.110 137.782
201512 120.331 100.220 142.697
201603 120.657 100.560 142.600
201606 129.133 100.790 152.269
201609 139.019 101.460 162.843
201612 136.622 101.560 159.878
201703 142.239 102.850 164.363
201706 150.311 102.610 174.097
201709 157.741 103.490 181.149
201712 160.960 102.990 185.744
201803 156.791 104.100 179.003
201806 163.073 104.130 186.122
201809 155.983 105.650 175.468
201812 162.442 104.350 185.011
201903 156.189 104.490 177.651
201906 150.721 104.880 170.794
201909 149.672 105.200 169.089
201912 164.589 105.120 186.083
202003 164.114 105.540 184.807
202006 174.338 104.870 197.575
202009 186.137 106.200 208.305
202012 202.085 105.765 227.081
202103 197.649 107.357 218.803
202106 210.725 107.579 232.799
202109 208.888 108.759 228.264
202112 208.205 109.676 225.615
202203 211.411 111.806 224.726
202206 203.966 114.083 212.485
202209 183.241 114.831 189.650
202212 210.669 115.200 217.339
202303 218.699 116.550 223.011
202306 220.680 117.140 223.897
202309 224.073 119.111 223.577
202312 230.355 118.848 230.355
202403 222.847 118.848 222.847

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.


SK Gas Co  (OTCPK:SGSCF) 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.


SK Gas Co Cyclically Adjusted PB Ratio Related Terms

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SK Gas Co (SK Gas Co) Business Description

Industry
Traded in Other Exchanges
Address
SK G.Plant, 100 Euljiro, Jung-gu, Seoul, KOR
SK Gas Co Ltd supplies and distributes liquefied petroleum gas In Korea and internationally. The company is involved in Liquefied petroleum gas marketing and trading business, Liquefied petroleum gas import terminal and tank terminal business and propane de-hydrogenation business. The company mainly operates in Korea, China, Singapore, U.S.A and UAE.

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