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Kyung Dong Pharmaceutical Co (XKRX:011040) Cyclically Adjusted PB Ratio : 0.64 (As of Jun. 09, 2024)


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What is Kyung Dong Pharmaceutical Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Kyung Dong Pharmaceutical Co's current share price is ₩6450.00. Kyung Dong Pharmaceutical Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩10,027.20. Kyung Dong Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is 0.64.

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

XKRX:011040' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.17   Max: 2.08
Current: 0.64

During the past years, Kyung Dong Pharmaceutical Co's highest Cyclically Adjusted PB Ratio was 2.08. The lowest was 0.62. And the median was 1.17.

XKRX:011040's Cyclically Adjusted PB Ratio is ranked better than
83.42% of 742 companies
in the Drug Manufacturers industry
Industry Median: 1.875 vs XKRX:011040: 0.64

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.

Kyung Dong Pharmaceutical Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩8,003.838. 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 ₩10,027.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyung Dong Pharmaceutical Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kyung Dong Pharmaceutical 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.

Kyung Dong Pharmaceutical Co Cyclically Adjusted PB Ratio Chart

Kyung Dong Pharmaceutical 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 0.97 1.31 1.25 0.81 0.66

Kyung Dong Pharmaceutical 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 0.73 0.71 0.66 0.66 0.65

Competitive Comparison of Kyung Dong Pharmaceutical Co's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Kyung Dong Pharmaceutical 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.


Kyung Dong Pharmaceutical Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Kyung Dong Pharmaceutical Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kyung Dong Pharmaceutical 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.

Kyung Dong Pharmaceutical Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6450.00/10027.2
=0.64

* 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.

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

For example, Kyung Dong Pharmaceutical 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)
=8003.838/118.8477*118.8477
=8,003.838

Current CPI (Mar. 2024) = 118.8477.

Kyung Dong Pharmaceutical Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 7,460.726 99.353 8,924.644
201409 7,786.785 99.608 9,290.835
201412 8,056.120 99.098 9,661.662
201503 8,050.504 99.720 9,594.704
201506 8,418.494 100.050 10,000.186
201509 8,525.574 100.110 10,121.315
201512 8,612.504 100.220 10,213.294
201603 8,510.522 100.560 10,058.234
201606 8,675.973 100.790 10,230.374
201609 8,801.406 101.460 10,309.746
201612 8,926.143 101.560 10,445.565
201703 8,798.214 102.850 10,166.723
201706 9,024.773 102.610 10,452.914
201709 9,389.398 103.490 10,782.765
201712 9,371.102 102.990 10,814.001
201803 9,080.248 104.100 10,366.634
201806 9,179.269 104.130 10,476.664
201809 9,436.141 105.650 10,614.895
201812 8,941.400 104.350 10,183.659
201903 8,975.746 104.490 10,209.080
201906 9,164.557 104.880 10,385.074
201909 9,627.692 105.200 10,876.702
201912 9,574.461 105.120 10,824.797
202003 9,144.395 105.540 10,297.426
202006 9,450.873 104.870 10,710.542
202009 9,519.387 106.200 10,653.081
202012 9,461.301 105.765 10,631.585
202103 9,279.221 107.357 10,272.381
202106 9,537.775 107.579 10,536.878
202109 9,450.617 108.759 10,327.256
202112 9,540.387 109.676 10,338.168
202203 9,179.091 111.806 9,757.221
202206 9,011.087 114.083 9,387.453
202209 9,128.685 114.831 9,447.975
202212 9,479.097 115.200 9,779.227
202303 9,136.423 116.550 9,316.573
202306 9,071.854 117.140 9,204.114
202309 9,029.307 119.111 9,009.332
202312 8,409.400 118.848 8,409.400
202403 8,003.838 118.848 8,003.838

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.


Kyung Dong Pharmaceutical Co  (XKRX:011040) 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.


Kyung Dong Pharmaceutical Co Cyclically Adjusted PB Ratio Related Terms

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Kyung Dong Pharmaceutical Co (XKRX:011040) Business Description

Traded in Other Exchanges
N/A
Address
1926, Nambusunhwan-ro, Gwanak-gu, Seoul, KOR
Kyung Dong Pharmaceutical Co Ltd is a South Korea-based company engaged in the manufacturing and marketing of pharmaceutical products. Its products include liver therapies, gastrointestinal drugs, antimigraine drugs, antiviral, anti-obesity medications, antibacterial drugs, antidiabetic drugs, antifungal, vitamins, as well as drugs for osteoporosis, cardiovascular, muscle relaxant, neuropathic and other diseases.

Kyung Dong Pharmaceutical Co (XKRX:011040) Headlines

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