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Fursys (XKRX:016800) Cyclically Adjusted PB Ratio : 0.94 (As of Jun. 20, 2024)


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What is Fursys Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Fursys's current share price is ₩47500.00. Fursys's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩50,417.00. Fursys's Cyclically Adjusted PB Ratio for today is 0.94.

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

XKRX:016800' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.83   Max: 1.38
Current: 1.01

During the past years, Fursys's highest Cyclically Adjusted PB Ratio was 1.38. The lowest was 0.58. And the median was 0.83.

XKRX:016800's Cyclically Adjusted PB Ratio is ranked better than
61.15% of 314 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.43 vs XKRX:016800: 1.01

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.

Fursys's adjusted book value per share data for the three months ended in Mar. 2024 was ₩60,427.478. 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 ₩50,417.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fursys Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fursys'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.

Fursys Cyclically Adjusted PB Ratio Chart

Fursys 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 0.80 0.76 0.84 0.65 0.61

Fursys 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 0.62 0.62 0.58 0.61 0.71

Competitive Comparison of Fursys's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Fursys'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.


Fursys's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Fursys's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fursys 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.

Fursys's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47500.00/50417
=0.94

* 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.

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

For example, Fursys'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)
=60427.478/118.8477*118.8477
=60,427.478

Current CPI (Mar. 2024) = 118.8477.

Fursys Quarterly Data

Book Value per Share CPI Adj_Book
201406 33,509.941 99.353 40,085.145
201409 34,153.625 99.608 40,750.540
201412 34,646.002 99.098 41,550.764
201503 34,819.287 99.720 41,498.116
201506 35,565.825 100.050 42,248.041
201509 36,438.862 100.110 43,259.164
201512 37,102.554 100.220 43,998.735
201603 37,139.939 100.560 43,894.156
201606 37,633.466 100.790 44,375.939
201609 37,689.653 101.460 44,148.714
201612 38,937.284 101.560 45,565.249
201703 38,864.125 102.850 44,909.206
201706 40,077.719 102.610 46,419.888
201709 40,746.959 103.490 46,793.723
201712 40,756.927 102.990 47,032.402
201803 41,004.718 104.100 46,813.798
201806 42,180.378 104.130 48,142.139
201809 42,862.272 105.650 48,216.587
201812 44,599.405 104.350 50,795.752
201903 44,570.638 104.490 50,694.974
201906 45,620.755 104.880 51,696.432
201909 46,490.001 105.200 52,521.195
201912 47,074.516 105.120 53,222.013
202003 46,643.377 105.540 52,524.712
202006 48,170.567 104.870 54,591.028
202009 49,785.348 106.200 55,714.445
202012 50,209.805 105.765 56,420.340
202103 50,642.141 107.357 56,062.397
202106 52,550.291 107.579 58,055.052
202109 53,069.056 108.759 57,991.740
202112 54,248.535 109.676 58,784.876
202203 53,409.525 111.806 56,773.434
202206 51,320.429 114.083 53,463.931
202209 52,683.948 114.831 54,526.649
202212 52,783.474 115.200 54,454.719
202303 53,950.382 116.550 55,014.164
202306 55,633.064 117.140 56,444.147
202309 57,636.449 119.111 57,508.945
202312 59,291.018 118.848 59,291.018
202403 60,427.478 118.848 60,427.478

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.


Fursys  (XKRX:016800) 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.


Fursys Cyclically Adjusted PB Ratio Related Terms

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


Fursys (XKRX:016800) Business Description

Traded in Other Exchanges
N/A
Address
311 (Ogeum-dong 45-1), Songpa-popliteal emphasis Buildings, Seoul, KOR, 138-857
Fursys Inc. is engaged in manufacturing, supply, and distribution of office, home, educational, and hospital furniture. It offers desks and panels, premiere class furniture, conference tables, personal computer (PC) tables, executive chairs, task chairs, multi-purpose chairs, sofa, sofa tables, lobby chairs, lounge chairs, partitions, and others. The company provides its products under the brand name FURSYS. The group exports its products to various markets of China, Taiwan, Singapore, Russia, Panama, Peru, Chile, Guatemala, Bulgaria, Saudi Arabia, and other countries.

Fursys (XKRX:016800) Headlines

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