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Moorim Paper Co (XKRX:009200) Cyclically Adjusted PB Ratio : 0.20 (As of Jun. 10, 2024)


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What is Moorim Paper Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Moorim Paper Co's current share price is ₩2235.00. Moorim Paper Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩11,018.70. Moorim Paper Co's Cyclically Adjusted PB Ratio for today is 0.20.

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

XKRX:009200' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.27   Max: 0.42
Current: 0.2

During the past years, Moorim Paper Co's highest Cyclically Adjusted PB Ratio was 0.42. The lowest was 0.17. And the median was 0.27.

XKRX:009200's Cyclically Adjusted PB Ratio is ranked better than
89.02% of 246 companies
in the Forest Products industry
Industry Median: 0.92 vs XKRX:009200: 0.20

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.

Moorim Paper Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩10,134.738. 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 ₩11,018.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Moorim Paper Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Moorim Paper 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.

Moorim Paper Co Cyclically Adjusted PB Ratio Chart

Moorim Paper 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 0.25 0.27 0.25 0.23 0.21

Moorim Paper 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 0.22 0.22 0.20 0.21 0.19

Competitive Comparison of Moorim Paper Co's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Moorim Paper 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.


Moorim Paper Co's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Moorim Paper Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Moorim Paper 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2235.00/11018.7
=0.20

* 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.

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

For example, Moorim Paper 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)
=10134.738/118.8477*118.8477
=10,134.738

Current CPI (Mar. 2024) = 118.8477.

Moorim Paper Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9,566.253 99.353 11,443.310
201409 9,124.137 99.608 10,886.502
201412 8,920.056 99.098 10,697.775
201503 9,090.820 99.720 10,834.567
201506 9,323.575 100.050 11,075.317
201509 9,195.194 100.110 10,916.269
201512 9,207.083 100.220 10,918.386
201603 9,366.099 100.560 11,069.405
201606 9,278.916 100.790 10,941.342
201609 9,349.252 101.460 10,951.479
201612 9,248.219 101.560 10,822.465
201703 9,389.891 102.850 10,850.432
201706 9,442.547 102.610 10,936.799
201709 9,511.589 103.490 10,923.089
201712 9,865.948 102.990 11,385.040
201803 9,930.792 104.100 11,337.673
201806 10,110.673 104.130 11,539.712
201809 10,545.478 105.650 11,862.809
201812 10,792.623 104.350 12,292.079
201903 10,883.131 104.490 12,378.554
201906 11,119.643 104.880 12,600.534
201909 11,149.442 105.200 12,595.870
201912 10,529.132 105.120 11,904.139
202003 10,539.049 105.540 11,867.934
202006 10,775.587 104.870 12,211.822
202009 10,540.079 106.200 11,795.331
202012 9,572.366 105.765 10,756.388
202103 9,353.488 107.357 10,354.597
202106 9,621.283 107.579 10,629.134
202109 9,536.251 108.759 10,420.833
202112 9,472.770 109.676 10,264.897
202203 9,334.243 111.806 9,922.145
202206 9,597.855 114.083 9,998.729
202209 9,943.932 114.831 10,291.736
202212 10,013.969 115.200 10,331.034
202303 10,059.587 116.550 10,257.940
202306 10,185.683 117.140 10,334.182
202309 10,075.149 119.111 10,052.861
202312 9,961.558 118.848 9,961.558
202403 10,134.738 118.848 10,134.738

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.


Moorim Paper Co  (XKRX:009200) 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.


Moorim Paper Co Cyclically Adjusted PB Ratio Related Terms

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


Moorim Paper Co (XKRX:009200) Business Description

Traded in Other Exchanges
N/A
Address
505 Sinsa-dong, Gangnam-gu, Seoul, KOR, 135-887
Moorim Paper Co Ltd manufactures and markets wood-free papers andcoated papers.

Moorim Paper Co (XKRX:009200) Headlines

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