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Hyundai Motor Securities Co (XKRX:001500) Cyclically Adjusted PB Ratio : (As of Sep. 21, 2024)


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What is Hyundai Motor Securities Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Hyundai Motor Securities Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hyundai Motor Securities 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.

Hyundai Motor Securities Co Cyclically Adjusted PB Ratio Chart

Hyundai Motor Securities 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 0.38 0.46 0.42 0.28 0.25

Hyundai Motor Securities Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.26 0.25 0.25 0.26 -

Competitive Comparison of Hyundai Motor Securities Co's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Hyundai Motor Securities 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.


Hyundai Motor Securities Co's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hyundai Motor Securities Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Hyundai Motor Securities Co's Cyclically Adjusted PB Ratio falls into.



Hyundai Motor Securities 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.

Hyundai Motor Securities Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Hyundai Motor Securities Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=39619.142/*
=

Current CPI (Jun. 2024) = .

Hyundai Motor Securities Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 22,922.597 99.608 0.000
201412 22,971.658 99.098 0.000
201503 23,410.089 99.720 0.000
201506 23,864.883 100.050 0.000
201509 24,498.323 100.110 0.000
201512 24,542.374 100.220 0.000
201603 24,540.760 100.560 0.000
201606 25,363.505 100.790 0.000
201609 28,587.759 101.460 0.000
201612 27,821.725 101.560 0.000
201703 27,724.018 102.850 0.000
201706 28,132.268 102.610 0.000
201709 28,772.120 103.490 0.000
201712 28,815.186 102.990 0.000
201803 28,946.986 104.100 0.000
201806 29,344.129 104.130 0.000
201809 30,077.123 105.650 0.000
201812 28,033.137 104.350 0.000
201903 28,268.119 104.490 0.000
201906 29,520.554 104.880 0.000
201909 30,021.262 105.200 0.000
201912 32,114.441 105.120 0.000
202003 32,175.728 105.540 0.000
202006 33,518.173 104.870 0.000
202009 34,918.925 106.200 0.000
202012 34,723.814 105.765 0.000
202103 34,701.685 107.357 0.000
202106 34,350.196 107.579 0.000
202109 35,129.312 108.759 0.000
202112 35,490.468 109.676 0.000
202203 35,361.244 111.806 0.000
202206 37,280.860 114.083 0.000
202209 37,825.502 114.831 0.000
202212 37,506.512 115.200 0.000
202303 37,730.397 116.550 0.000
202306 38,838.663 117.140 0.000
202309 39,018.781 119.111 0.000
202312 39,182.785 118.848 0.000
202403 39,182.092 118.848 0.000
202406 39,619.142 0.000

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.


Hyundai Motor Securities Co  (XKRX:001500) 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.


Hyundai Motor Securities Co Cyclically Adjusted PB Ratio Related Terms

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Hyundai Motor Securities Co Business Description

Traded in Other Exchanges
N/A
Address
25-3, Yeouido-Dong, Yeongdeungpo-gu, Seoul, KOR, 150876
Hyundai Motor Securities Co Ltd is a Korea based company engaged in providing securities and financial services such as securities dealing, brokerage and underwriting services. It also offers investment consulting, internet banking, corporate financing and corporate analysis services. The business areas in which the organization is involved are Retail, Wholesale, Pension, Research, Trading and IB.

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