GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Tae Kyung Industrial Co Ltd (XKRX:015890) » Definitions » Cyclically Adjusted PB Ratio

Tae Kyung Industrial Co (XKRX:015890) Cyclically Adjusted PB Ratio : 0.56 (As of Jun. 04, 2025)


View and export this data going back to 1996. Start your Free Trial

What is Tae Kyung Industrial Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Tae Kyung Industrial Co's current share price is ₩5180.00. Tae Kyung Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩9,236.15. Tae Kyung Industrial Co's Cyclically Adjusted PB Ratio for today is 0.56.

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

XKRX:015890' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.82   Max: 1.23
Current: 0.55

During the past years, Tae Kyung Industrial Co's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.50. And the median was 0.82.

XKRX:015890's Cyclically Adjusted PB Ratio is ranked better than
84.21% of 1178 companies
in the Chemicals industry
Industry Median: 1.595 vs XKRX:015890: 0.55

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.

Tae Kyung Industrial Co's adjusted book value per share data for the three months ended in Mar. 2025 was ₩10,072.413. 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 ₩9,236.15 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tae Kyung Industrial Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tae Kyung Industrial 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.

Tae Kyung Industrial Co Cyclically Adjusted PB Ratio Chart

Tae Kyung Industrial Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.88 0.79 0.76 0.54

Tae Kyung Industrial Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.68 0.63 0.58 0.54 0.51

Competitive Comparison of Tae Kyung Industrial Co's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Tae Kyung Industrial 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.


Tae Kyung Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tae Kyung Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Tae Kyung Industrial 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.

Tae Kyung Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5180.00/9236.15
=0.56

* 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.

Tae Kyung Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Tae Kyung Industrial Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=10072.413/122.5900*122.5900
=10,072.413

Current CPI (Mar. 2025) = 122.5900.

Tae Kyung Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 6,550.093 100.051 8,025.690
201509 6,586.781 100.111 8,065.798
201512 6,223.052 100.220 7,612.062
201603 6,080.919 100.561 7,413.019
201606 6,060.502 100.791 7,371.285
201609 6,152.214 101.461 7,433.383
201612 6,047.156 101.561 7,299.245
201703 5,905.589 102.851 7,039.008
201706 6,072.345 102.611 7,254.647
201709 6,247.784 103.491 7,400.832
201712 6,365.566 102.991 7,576.936
201803 6,195.203 104.101 7,295.524
201806 7,643.480 104.130 8,998.478
201809 7,729.591 105.651 8,968.917
201812 7,847.668 104.351 9,219.350
201903 8,578.343 104.491 10,064.217
201906 8,688.818 104.881 10,155.922
201909 8,671.477 105.200 10,104.880
201912 8,186.108 105.121 9,546.448
202003 8,048.685 105.354 9,365.439
202006 8,089.637 105.112 9,434.798
202009 8,096.210 106.198 9,345.921
202012 8,062.920 105.765 9,345.527
202103 8,083.446 107.357 9,230.398
202106 8,279.058 107.579 9,434.309
202109 8,554.757 108.759 9,642.657
202112 9,204.320 109.676 10,288.062
202203 9,215.830 111.848 10,100.928
202206 9,547.936 114.072 10,260.874
202209 9,796.381 114.715 10,468.859
202212 10,076.642 115.179 10,724.988
202303 9,961.658 116.507 10,481.735
202306 10,098.199 117.182 10,564.226
202309 10,192.591 118.964 10,503.295
202312 10,337.327 118.837 10,663.782
202403 10,177.981 120.123 10,386.992
202406 10,419.208 120.007 10,643.442
202409 10,640.607 120.861 10,792.810
202412 10,720.003 121.135 10,848.747
202503 10,072.413 122.590 10,072.413

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.


Tae Kyung Industrial Co  (XKRX:015890) 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.


Tae Kyung Industrial Co Cyclically Adjusted PB Ratio Related Terms

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


Tae Kyung Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
652-12 Songwon Building 4 floor, Deungchon-dong, Gangseo-gu, Seoul, KOR, 157-841
Tae Kyung Industrial Co Ltd is engaged in producing and selling ferroalloy, ultrafine ground calcium carbonate, and other non-metallic materials in South Korea. It offers ferroalloy products, such as high carbon ferromanganese products that are used for eliminating impurities in the process of making steel products. The company also provides liquefied ultrafine ground calcium carbonate for coating art paper and white duplex boards, as well as for paper and paints fillers.

Tae Kyung Industrial Co Headlines

No Headlines