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Webzen (Webzen) Cyclically Adjusted PB Ratio : (As of Jun. 22, 2024)


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What is Webzen 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


Webzen Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Webzen'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.

Webzen Cyclically Adjusted PB Ratio Chart

Webzen 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 2.42 4.78 3.31 1.44 1.31

Webzen 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 1.53 1.20 1.11 1.31 1.28

Competitive Comparison of Webzen's Cyclically Adjusted PB Ratio

For the Electronic Gaming & Multimedia subindustry, Webzen'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.


Webzen's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Webzen's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Webzen 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.

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

For example, Webzen'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)
=15.026/118.8477*118.8477
=15.026

Current CPI (Mar. 2024) = 118.8477.

Webzen Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.976 99.353 4.756
201409 4.231 99.608 5.048
201412 4.004 99.098 4.802
201503 4.178 99.720 4.979
201506 4.804 100.050 5.707
201509 5.206 100.110 6.180
201512 5.392 100.220 6.394
201603 5.683 100.560 6.717
201606 6.074 100.790 7.162
201609 6.457 101.460 7.564
201612 6.377 101.560 7.463
201703 6.847 102.850 7.912
201706 7.165 102.610 8.299
201709 7.252 103.490 8.328
201712 7.847 102.990 9.055
201803 8.446 104.100 9.643
201806 8.613 104.130 9.830
201809 8.728 105.650 9.818
201812 8.817 104.350 10.042
201903 9.026 104.490 10.266
201906 8.918 104.880 10.106
201909 9.171 105.200 10.361
201912 9.549 105.120 10.796
202003 9.377 105.540 10.559
202006 9.682 104.870 10.972
202009 10.841 106.200 12.132
202012 12.535 105.765 14.085
202103 13.010 107.357 14.402
202106 13.357 107.579 14.756
202109 13.123 108.759 14.340
202112 13.439 109.676 14.563
202203 13.540 111.806 14.393
202206 13.228 114.083 13.780
202209 12.559 114.831 12.998
202212 13.961 115.200 14.403
202303 13.959 116.550 14.234
202306 14.368 117.140 14.577
202309 14.237 119.111 14.206
202312 15.045 118.848 15.045
202403 15.026 118.848 15.026

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.


Webzen  (OTCPK:WBZNF) 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.


Webzen Cyclically Adjusted PB Ratio Related Terms

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Webzen (Webzen) Business Description

Traded in Other Exchanges
Address
182-13 Guro-dong, Guro-gu, Seoul, KOR, 152-790
Webzen Inc is a South Korean technology company that develops and publishes online games and engages in software licensing and related services. Webzen offers free-to-play games and generates revenue through in-game virtual currency purchases. The company's segments include personal computer online games, console games, mobile network games, and derived merchandising enterprises. The firm operates a global service platform known as Webzen across North America, Europe, and South America. One of Webzen's notable games is MU Origin.

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