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Cas Co (XKRX:016920) Cyclically Adjusted PB Ratio : 0.59 (As of Jun. 09, 2024)


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What is Cas Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Cas Co's current share price is ₩1405.00. Cas Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩2,396.14. Cas Co's Cyclically Adjusted PB Ratio for today is 0.59.

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

XKRX:016920' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.39   Med: 0.68   Max: 3.4
Current: 0.6

During the past years, Cas Co's highest Cyclically Adjusted PB Ratio was 3.40. The lowest was 0.39. And the median was 0.68.

XKRX:016920's Cyclically Adjusted PB Ratio is ranked better than
83.57% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs XKRX:016920: 0.60

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.

Cas Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩2,679.180. 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 ₩2,396.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cas Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cas 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.

Cas Co Cyclically Adjusted PB Ratio Chart

Cas 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 0.59 0.98 2.24 0.69 0.62

Cas 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 0.68 0.67 0.63 0.62 0.67

Competitive Comparison of Cas Co's Cyclically Adjusted PB Ratio

For the Electronics & Computer Distribution subindustry, Cas 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.


Cas Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cas Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cas 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1405.00/2396.14
=0.59

* 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.

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

For example, Cas 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)
=2679.18/118.8477*118.8477
=2,679.180

Current CPI (Mar. 2024) = 118.8477.

Cas Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,337.666 99.353 2,796.355
201409 2,334.590 99.608 2,785.526
201412 2,224.001 99.098 2,667.232
201503 2,130.045 99.720 2,538.618
201506 2,193.776 100.050 2,605.949
201509 2,213.090 100.110 2,627.317
201512 2,039.211 100.220 2,418.235
201603 2,022.785 100.560 2,390.646
201606 1,994.447 100.790 2,351.775
201609 1,918.358 101.460 2,247.116
201612 1,884.852 101.560 2,205.694
201703 1,804.273 102.850 2,084.917
201706 1,893.420 102.610 2,193.048
201709 2,167.091 103.490 2,488.683
201712 1,768.404 102.990 2,040.691
201803 1,820.021 104.100 2,077.861
201806 1,886.970 104.130 2,153.674
201809 1,839.774 105.650 2,069.597
201812 1,942.072 104.350 2,211.891
201903 1,999.274 104.490 2,273.989
201906 2,052.479 104.880 2,325.824
201909 2,070.502 105.200 2,339.110
201912 2,177.124 105.120 2,461.436
202003 2,212.399 105.540 2,491.364
202006 2,172.622 104.870 2,462.202
202009 2,149.872 106.200 2,405.907
202012 2,010.818 105.765 2,259.539
202103 2,106.384 107.357 2,331.831
202106 1,794.535 107.579 1,982.517
202109 1,962.893 108.759 2,144.971
202112 2,117.486 109.676 2,294.553
202203 2,309.988 111.806 2,455.479
202206 2,376.810 114.083 2,476.082
202209 2,448.059 114.831 2,533.684
202212 2,501.862 115.200 2,581.077
202303 2,598.326 116.550 2,649.559
202306 2,524.722 117.140 2,561.530
202309 2,559.403 119.111 2,553.741
202312 2,627.024 118.848 2,627.024
202403 2,679.180 118.848 2,679.180

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.


Cas Co  (XKRX:016920) 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.


Cas Co Cyclically Adjusted PB Ratio Related Terms

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


Cas Co (XKRX:016920) Business Description

Industry
Traded in Other Exchanges
N/A
Address
262, Geurugogae-ro, Gwangjeok-myeon, Gyeonggi-do, Yangju-si, KOR
Cas Co Ltd is a Korea based supplier of electronic scale. The company exports its electronic scale products to various countries around the world. It offers products which have application for retail, industrial, logistics and laboratory purpose. The product portfolio comprises label printing scales, price computing scales, basic scales, industrial scales, checkweighers, liquid filling machine, auto packing machine, printer, weighing component, micro weighing scale, electronic balance scale and others. In addition, the company also offers PC software solution for retail and industrial areas.

Cas Co (XKRX:016920) Headlines

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