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Binggrae Co (XKRX:005180) Cyclically Adjusted PB Ratio : 1.06 (As of May. 15, 2024)


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What is Binggrae Co Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Binggrae Co's current share price is ₩73900.00. Binggrae Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩69,691.10. Binggrae Co's Cyclically Adjusted PB Ratio for today is 1.06.

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

XKRX:005180' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1   Max: 1.49
Current: 1.06

During the past years, Binggrae Co's highest Cyclically Adjusted PB Ratio was 1.49. The lowest was 0.56. And the median was 1.00.

XKRX:005180's Cyclically Adjusted PB Ratio is ranked better than
60.35% of 1251 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs XKRX:005180: 1.06

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.

Binggrae Co's adjusted book value per share data for the three months ended in Dec. 2023 was ₩72,564.132. 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 ₩69,691.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Binggrae Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Binggrae 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.

Binggrae Co Cyclically Adjusted PB Ratio Chart

Binggrae 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 0.99 0.97 0.84 0.59 0.78

Binggrae Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.59 0.61 0.70 0.80 0.78

Competitive Comparison of Binggrae Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Binggrae 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.


Binggrae Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Binggrae Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Binggrae 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=73900.00/69691.1
=1.06

* 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.

Binggrae Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Binggrae Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=72564.132/118.8477*118.8477
=72,564.132

Current CPI (Dec. 2023) = 118.8477.

Binggrae Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 51,987.865 99.253 62,251.400
201406 53,662.477 99.353 64,191.942
201409 55,432.636 99.608 66,139.680
201412 54,741.336 99.098 65,650.991
201503 54,634.087 99.720 65,113.674
201506 58,647.429 100.050 69,666.287
201509 60,926.831 100.110 72,330.574
201512 58,490.412 100.220 69,361.913
201603 57,456.064 100.560 67,904.943
201606 57,738.480 100.790 68,083.000
201609 59,162.280 101.460 69,301.211
201612 59,009.786 101.560 69,054.523
201703 58,513.633 102.850 67,615.077
201706 58,700.462 102.610 67,989.620
201709 60,198.153 103.490 69,131.433
201712 59,811.703 102.990 69,021.102
201803 58,812.631 104.100 67,144.533
201806 61,040.806 104.130 69,668.293
201809 63,135.495 105.650 71,022.322
201812 61,647.460 104.350 70,212.351
201903 61,082.224 104.490 69,475.374
201906 63,136.289 104.880 71,544.648
201909 64,954.084 105.200 73,380.642
201912 64,595.396 105.120 73,030.957
202003 63,618.400 105.540 71,640.141
202006 66,824.280 104.870 75,731.019
202009 68,587.359 106.200 76,755.648
202012 66,675.467 105.765 74,922.668
202103 65,414.120 107.357 72,415.429
202106 67,358.280 107.579 74,414.211
202109 68,748.360 108.759 75,125.456
202112 63,095.273 109.676 68,371.391
202203 61,980.684 111.806 65,884.433
202206 63,369.286 114.083 66,016.033
202209 65,655.469 114.831 67,951.869
202212 65,118.977 115.200 67,180.792
202303 64,633.341 116.550 65,907.767
202306 68,829.912 117.140 69,833.394
202309 74,809.764 119.111 74,644.268
202312 72,564.132 118.848 72,564.132

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.


Binggrae Co  (XKRX:005180) 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.


Binggrae Co Cyclically Adjusted PB Ratio Related Terms

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Binggrae Co (XKRX:005180) Business Description

Traded in Other Exchanges
N/A
Address
45, Dasansunhwan-ro, Gyeonggi-do, Namyangju-si, KOR
Binggrae Co Ltd is a Korea-based company engaged in the manufacturing and processing of dairy products and snacks. The business activity of the group is primarily operated through two divisions namely Refrigeration and Cold storage division. The Refrigeration division is engaged in the production of Ice cream and other frozen snacks, and Cold storage division engaged in the production of Dairy drinks such as milk and yogurt as well as other snacks. The products are offered under the brand name of Melona, Samanco, Pop Top, Pangtoa and others.

Binggrae Co (XKRX:005180) Headlines

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