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SK Discovery Co (XKRX:006120) Cyclically Adjusted PB Ratio : 0.35 (As of May. 18, 2024)


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What is SK Discovery Co Cyclically Adjusted PB Ratio?

As of today (2024-05-18), SK Discovery Co's current share price is ₩42950.00. SK Discovery Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩124,076.00. SK Discovery Co's Cyclically Adjusted PB Ratio for today is 0.35.

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

XKRX:006120' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.34   Max: 0.75
Current: 0.35

During the past years, SK Discovery Co's highest Cyclically Adjusted PB Ratio was 0.75. The lowest was 0.16. And the median was 0.34.

XKRX:006120's Cyclically Adjusted PB Ratio is ranked better than
82.12% of 425 companies
in the Conglomerates industry
Industry Median: 0.96 vs XKRX:006120: 0.35

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.

SK Discovery Co's adjusted book value per share data for the three months ended in Dec. 2023 was ₩150,462.378. 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 ₩124,076.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SK Discovery Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SK Discovery 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 Discovery Co Cyclically Adjusted PB Ratio Chart

SK Discovery 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 0.24 0.61 0.41 0.25 0.32

SK Discovery 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 0.25 0.26 0.30 0.33 0.32

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

For the Conglomerates subindustry, SK Discovery 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 Discovery Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, SK Discovery Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42950.00/124076
=0.35

* 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.

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

For example, SK Discovery 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)
=150462.378/118.8477*118.8477
=150,462.378

Current CPI (Dec. 2023) = 118.8477.

SK Discovery Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 108,253.868 99.253 129,625.535
201406 109,135.421 99.353 130,549.594
201409 110,488.048 99.608 131,829.275
201412 105,296.778 99.098 126,281.861
201503 102,603.163 99.720 122,283.894
201506 103,905.031 100.050 123,427.026
201509 109,478.248 100.110 129,969.413
201512 114,325.981 100.220 135,575.533
201603 115,076.997 100.560 136,004.738
201606 118,351.053 100.790 139,555.020
201609 119,094.107 101.460 139,503.851
201612 121,394.626 101.560 142,058.607
201703 121,198.034 102.850 140,049.661
201706 125,167.021 102.610 144,974.296
201709 130,033.842 103.490 149,330.593
201712 165,699.284 102.990 191,212.533
201803 83,673.862 104.100 95,527.820
201806 69,034.650 104.130 78,791.985
201809 69,696.083 105.650 78,402.453
201812 70,781.474 104.350 80,615.385
201903 69,634.676 104.490 79,202.996
201906 74,825.060 104.880 84,790.106
201909 74,924.185 105.200 84,644.174
201912 82,220.272 105.120 92,957.479
202003 84,033.307 105.540 94,629.195
202006 90,221.480 104.870 102,246.738
202009 94,027.054 106.200 105,225.039
202012 95,188.342 105.765 106,962.348
202103 109,768.291 107.357 121,516.851
202106 116,517.588 107.579 128,723.067
202109 117,664.646 108.759 128,579.215
202112 121,618.355 109.676 131,788.259
202203 126,147.964 111.806 134,093.181
202206 127,076.379 114.083 132,383.982
202209 138,907.360 114.831 143,765.857
202212 142,342.238 115.200 146,849.117
202303 146,003.977 116.550 148,882.852
202306 147,291.837 117.140 149,439.227
202309 150,656.246 119.111 150,322.961
202312 150,462.378 118.848 150,462.378

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 Discovery Co  (XKRX:006120) 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 Discovery Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of SK Discovery Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


SK Discovery Co (XKRX:006120) Business Description

Traded in Other Exchanges
Address
13493 ECO Hub, 332, Pangyo-ro, Bundang-gu, Gyeonggi-do, Seongnam-Si, KOR, 463-400
SK Discovery Co Ltd, formerly SK Chemicals Co Ltd, is engaged in various business fields including environment-friendly materials, vaccines/pharmaceuticals, energy/chemicals and real estate development.

SK Discovery Co (XKRX:006120) Headlines

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