Shinsegae Co (XKRX:004170) Cyclically Adjusted PB Ratio: 0.86 (As of Aug. 25, 2026) — 28% Above Median

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XKRX:004170 Shinsegae Co Ltd XKRX:004170
72 GF Score
Price ₩395,000.00
GF Value ₩199,079.20
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Shinsegae Co Cyclically Adjusted PB Ratio?

Shinsegae Co XKRX:004170 -1.37% 72 Cyclically Adjusted PB Ratio is 0.86 as of Aug. 25, 2026, which is 28% above its 10-year median of 0.67. GuruFocus rates XKRX:004170 with a GF Score™ of 72/100 and a GF Value™ of ₩199,079.20 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 780 Retail - Cyclical companies, Shinsegae Co ranks better than 61.67% on this metric.

As of today (2026-08-25), Shinsegae Co's current share price is ₩395000.00. Shinsegae Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₩460,866.95. Shinsegae Co's Cyclically Adjusted PB Ratio for today is 0.86.

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

XKRX:004170' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.31   Med: 0.67   Max: 1.64
Current: 0.87

During the past years, Shinsegae Co's highest Cyclically Adjusted PB Ratio was 1.64. The lowest was 0.31. And the median was 0.67.

XKRX:004170's Cyclically Adjusted PB Ratio is ranked better than
61.67% of 780 companies
in the Retail - Cyclical industry
Industry Median: 1.21 vs XKRX:004170: 0.87

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.

Shinsegae Co's adjusted book value per share data for the three months ended in Jun. 2026 was ₩616,139.422. 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 ₩460,866.95 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Shinsegae Co  (XKRX:004170) 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.


Shinsegae Co Cyclically Adjusted PB Ratio Related Terms


Shinsegae Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Shinsegae 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.

Shinsegae Co Cyclically Adjusted PB Ratio Chart

Shinsegae Co 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 0.75 0.60 0.44 0.32 0.56

Shinsegae Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.44 0.43 0.56 0.67 1.64

XKRX:004170 vs DDS, M: Cyclically Adjusted PB Ratio Comparison

For the Department Stores subindustry, Shinsegae 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.


Shinsegae Co Cyclically Adjusted PB Ratio vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Shinsegae Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKRX:004170
72GF Score
Shinsegae Co Ltd XKRX:004170
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Shinsegae 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.

Shinsegae Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=395000.00/460866.95
=0.86

* 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.

Shinsegae Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Shinsegae Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=616139.422/126.4904*126.4904
=616,139.422

Current CPI (Jun. 2026) = 126.4904.

Shinsegae Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 324,781.116 101.461 404,900.526
201612 328,805.649 101.561 409,513.841
201703 328,717.997 102.851 404,272.517
201706 334,500.080 102.611 412,342.977
201709 337,163.265 103.491 412,094.987
201712 347,881.535 102.991 427,258.304
201803 350,771.525 104.101 426,214.117
201806 349,153.003 104.130 424,127.300
201809 351,665.154 105.651 421,032.234
201812 352,695.786 104.351 427,525.939
201903 415,248.822 104.491 502,675.253
201906 416,325.563 104.881 502,104.644
201909 415,429.498 105.200 499,502.790
201912 399,198.491 105.121 480,347.720
202003 386,392.269 105.354 463,910.434
202006 338,086.473 105.112 406,849.594
202009 343,144.685 106.198 408,714.589
202012 349,976.714 105.765 418,555.544
202103 361,130.401 107.357 425,491.060
202106 362,493.434 107.579 426,218.035
202109 377,720.369 108.759 439,300.772
202112 380,652.409 109.676 439,008.533
202203 389,298.569 111.848 440,262.961
202206 390,909.391 114.072 433,464.436
202209 396,717.346 114.715 437,438.910
202212 418,226.036 115.179 459,298.021
202303 419,621.935 116.507 455,577.469
202306 439,836.078 117.182 474,774.231
202309 445,496.053 118.964 473,682.487
202312 446,014.251 118.837 474,738.285
202403 460,075.917 120.123 484,462.508
202406 471,245.078 120.007 496,702.937
202409 468,704.320 120.861 490,534.571
202412 486,443.693 121.135 507,948.617
202503 483,743.712 122.590 499,134.804
202506 502,473.066 122.611 518,370.842
202509 517,815.186 123.402 530,775.913
202512 508,135.596 123.939 518,594.786
202603 535,451.659 125.236 540,814.898
202606 616,139.422 126.490 616,139.422

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 0.86 mean?
Shinsegae Co (XKRX:004170) has a Cyclically Adjusted PB Ratio of 0.86 as of Aug. 25, 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 Shinsegae Co and its competitors. This is 28% above median its historical median of 0.67. Over the past decade, Shinsegae Co's Cyclically Adjusted PB Ratio has ranged from 0.31 to 1.64. According to the industry distribution chart, Shinsegae Co ranks #299 out of 780 companies in the Retail - Cyclical industry, placing it in the top 38.3%.
Is Shinsegae Co's Cyclically Adjusted PB Ratio too high?
Shinsegae Co's current Cyclically Adjusted PB Ratio of 0.86 is 28% above median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 1.64. The Retail - Cyclical industry median Cyclically Adjusted PB Ratio is 1.21. Shinsegae Co's value of 0.86 is 28.9% below this industry median. Based on the distribution chart, Shinsegae Co ranks #299 out of 780 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Shinsegae Co has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Shinsegae Co's Cyclically Adjusted PB Ratio compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Shinsegae Co ranks #299 out of 780 companies for Cyclically Adjusted PB Ratio. This puts Shinsegae Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Shinsegae Co's value of 0.86 is 28.9% below this benchmark. Historically, Shinsegae Co's own Cyclically Adjusted PB Ratio has ranged from 0.31 to 1.64 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 1.21, Shinsegae Co 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 Retail - Cyclical company?
The median Cyclically Adjusted PB Ratio among Retail - Cyclical companies is 1.21, based on 780 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. Shinsegae Co's current Cyclically Adjusted PB Ratio of 0.86 is 28.9% 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 Shinsegae Co and its competitors. For the Retail - Cyclical industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shinsegae Co's current Cyclically Adjusted PB Ratio is 0.86, which is 28% above median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shinsegae Co stock overvalued right now?
Based on GuruFocus' analysis, Shinsegae Co (XKRX:004170) is currently considered Significantly Overvalued. The stock's GF Value™ is ₩199,079.20, compared to a current price of ₩395,000.00 — trading 98.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.86, which is 28% above median its 10-year median of 0.67 and 28.9% below the Retail - Cyclical industry median of 1.21. Shinsegae Co's overall GF Score™ is 72/100 with 3 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 Shinsegae Co (XKRX:004170), the current Cyclically Adjusted PB Ratio is 0.86 as of Aug. 25, 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 Shinsegae Co (XKRX:004170) Overvalued in 2026?

Based on GuruFocus' analysis, Shinsegae Co stock appears to be overvalued. The current stock price of ₩395,000.00 is trading 98.4% above its estimated GF Value™ of ₩199,079.20. GuruFocus considers Shinsegae Co to be Significantly Overvalued.

Key valuation signals for XKRX:004170:

  • Cyclically Adjusted PB Ratio: 0.86 (28% above median its 10-year median of 0.67)
  • GF Value™: ₩199,079.20 vs. price of ₩395,000.00 (98.4% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 28.9% below the Retail - Cyclical median (#299 of 780)

No single metric tells the full story. See the XKRX:004170 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shinsegae Co Business Description

Address 63, Sogong-ro, Shinsegae Department Store Building, Jung-gu, Seoul, KOR, 100-747
Shinsegae Co Ltd is a Korea-based company engaged in the department store business. Through its department stores, the company provides various branded products, including HERMS, LOUIS VUITTON, TIFFANY & CO., BURBERRY, and Carlier. The company operates its department stores in various cities, including Centum City, Gangnam, Incheon, Gyeonggi, Masan,and others.
72GF Score

Get the complete analysis for XKRX:004170

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

₩395,000.00
Price
₩199,079.20
GF Value