GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Pureun Savings Bank Co Ltd (XKRX:007330) » Definitions » Cyclically Adjusted PB Ratio

Pureunvings Bank Co (XKRX:007330) Cyclically Adjusted PB Ratio : 0.38 (As of Jun. 21, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Pureunvings Bank Co Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Pureunvings Bank Co's current share price is ₩8700.00. Pureunvings Bank Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩22,814.80. Pureunvings Bank Co's Cyclically Adjusted PB Ratio for today is 0.38.

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

XKRX:007330' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.52   Max: 1.25
Current: 0.38

During the past years, Pureunvings Bank Co's highest Cyclically Adjusted PB Ratio was 1.25. The lowest was 0.36. And the median was 0.52.

XKRX:007330's Cyclically Adjusted PB Ratio is ranked better than
87.88% of 1205 companies
in the Banks industry
Industry Median: 0.9 vs XKRX:007330: 0.38

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.

Pureunvings Bank Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩26,267.224. 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 ₩22,814.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pureunvings Bank Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pureunvings Bank 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.

Pureunvings Bank Co Cyclically Adjusted PB Ratio Chart

Pureunvings Bank Co Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.47 0.64 0.60 0.38

Pureunvings Bank Co 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 0.46 0.43 0.40 0.38 0.40

Competitive Comparison of Pureunvings Bank Co's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Pureunvings Bank 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.


Pureunvings Bank Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Pureunvings Bank Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pureunvings Bank 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8700.00/22814.8
=0.38

* 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.

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

For example, Pureunvings Bank Co'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)
=26267.224/118.8477*118.8477
=26,267.224

Current CPI (Mar. 2024) = 118.8477.

Pureunvings Bank Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 13,033.778 99.253 15,606.929
201406 12,945.745 99.353 15,485.914
201409 14,155.013 99.608 16,889.113
201412 14,480.964 99.098 17,366.942
201503 14,662.726 99.720 17,475.243
201506 15,021.339 100.050 17,843.594
201509 15,603.881 100.110 18,524.477
201603 16,190.550 100.560 19,134.941
201606 16,928.345 100.790 19,961.255
201609 17,436.756 101.460 20,424.979
201612 17,744.448 101.560 20,764.935
201703 17,642.179 102.850 20,386.314
201706 18,361.963 102.610 21,267.684
201709 18,634.981 103.490 21,400.373
201712 18,923.826 102.990 21,837.588
201803 18,726.122 104.100 21,379.025
201806 19,462.341 104.130 22,213.142
201809 20,067.779 105.650 22,574.627
201812 20,207.371 104.350 23,014.850
201903 20,290.129 104.490 23,078.143
201906 20,682.182 104.880 23,436.592
201909 20,859.833 105.200 23,566.000
201912 21,602.489 105.120 24,423.574
202003 21,643.275 105.540 24,372.309
202006 22,288.508 104.870 25,259.253
202009 22,906.116 106.200 25,634.079
202012 23,398.532 105.765 26,292.736
202103 23,019.609 107.357 25,483.410
202106 23,900.507 107.579 26,404.139
202109 24,634.044 108.759 26,919.097
202112 24,909.530 109.676 26,992.501
202203 24,184.337 111.806 25,707.547
202206 24,383.828 114.083 25,402.268
202209 25,613.712 114.831 26,509.591
202212 26,018.001 115.200 26,841.790
202303 25,650.403 116.550 26,156.172
202306 26,478.557 117.140 26,864.592
202309 26,602.855 119.111 26,544.004
202312 26,883.835 118.848 26,883.835
202403 26,267.224 118.848 26,267.224

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.


Pureunvings Bank Co  (XKRX:007330) 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.


Pureunvings Bank Co Cyclically Adjusted PB Ratio Related Terms

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


Pureunvings Bank Co (XKRX:007330) Business Description

Traded in Other Exchanges
N/A
Address
28-1 Jamwon-dong, Seocho-gu, Seoul, KOR, 137-030
Pureun Savings Bank Co Ltd is engaged in providing banking products and financial services targeting low-income brackets and small corporations in Korea. It provides deposit services, loan services, phone banking services, cash card services and among others.

Pureunvings Bank Co (XKRX:007330) Headlines

No Headlines