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Pungguk Ethanol Co (XKRX:023900) Cyclically Adjusted PB Ratio : 1.18 (As of Jun. 14, 2024)


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What is Pungguk Ethanol Co Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Pungguk Ethanol Co's current share price is ₩13130.00. Pungguk Ethanol Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩11,105.90. Pungguk Ethanol Co's Cyclically Adjusted PB Ratio for today is 1.18.

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

XKRX:023900' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.67   Max: 3.3
Current: 1.15

During the past years, Pungguk Ethanol Co's highest Cyclically Adjusted PB Ratio was 3.30. The lowest was 0.97. And the median was 1.67.

XKRX:023900's Cyclically Adjusted PB Ratio is ranked better than
63.91% of 169 companies
in the Beverages - Alcoholic industry
Industry Median: 1.87 vs XKRX:023900: 1.15

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.

Pungguk Ethanol Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩12,358.412. 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 ₩11,105.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pungguk Ethanol Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pungguk Ethanol 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.

Pungguk Ethanol Co Cyclically Adjusted PB Ratio Chart

Pungguk Ethanol 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 2.03 2.39 1.61 1.17 1.11

Pungguk Ethanol 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 1.25 1.26 1.02 1.11 1.09

Competitive Comparison of Pungguk Ethanol Co's Cyclically Adjusted PB Ratio

For the Beverages - Brewers subindustry, Pungguk Ethanol 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.


Pungguk Ethanol Co's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Pungguk Ethanol Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pungguk Ethanol 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13130.00/11105.9
=1.18

* 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.

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

For example, Pungguk Ethanol 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)
=12358.412/118.8477*118.8477
=12,358.412

Current CPI (Mar. 2024) = 118.8477.

Pungguk Ethanol Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 7,381.969 99.353 8,830.433
201409 7,538.017 99.608 8,994.016
201412 7,560.642 99.098 9,067.437
201503 7,556.985 99.720 9,006.521
201506 7,801.235 100.050 9,266.955
201509 7,905.592 100.110 9,385.290
201512 8,014.744 100.220 9,504.429
201603 8,040.019 100.560 9,502.166
201606 8,218.871 100.790 9,691.377
201609 8,357.341 101.460 9,789.580
201612 8,465.708 101.560 9,906.754
201703 8,505.329 102.850 9,828.282
201706 9,021.905 102.610 10,449.592
201709 9,253.495 103.490 10,626.694
201712 9,438.722 102.990 10,892.032
201803 9,358.632 104.100 10,684.456
201806 9,578.023 104.130 10,931.778
201809 9,810.805 105.650 11,036.362
201812 10,183.637 104.350 11,598.484
201903 10,177.972 104.490 11,576.501
201906 10,318.328 104.880 11,692.501
201909 10,529.273 105.200 11,895.246
201912 10,607.263 105.120 11,992.473
202003 10,582.495 105.540 11,916.858
202006 10,729.042 104.870 12,159.073
202009 11,106.314 106.200 12,429.001
202012 11,171.910 105.765 12,553.782
202103 11,219.364 107.357 12,420.179
202106 11,370.177 107.579 12,561.229
202109 11,519.098 108.759 12,587.609
202112 11,483.185 109.676 12,443.426
202203 11,472.364 111.806 12,194.932
202206 11,481.625 114.083 11,961.178
202209 11,496.578 114.831 11,898.688
202212 11,716.473 115.200 12,087.443
202303 11,725.876 116.550 11,957.084
202306 11,853.897 117.140 12,026.717
202309 12,240.521 119.111 12,213.442
202312 12,318.661 118.848 12,318.661
202403 12,358.412 118.848 12,358.412

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.


Pungguk Ethanol Co  (XKRX:023900) 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.


Pungguk Ethanol Co Cyclically Adjusted PB Ratio Related Terms

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Pungguk Ethanol Co (XKRX:023900) Business Description

Traded in Other Exchanges
N/A
Address
605-5 Daecheon-Dong, Dalseo-Gu, Daegu, KOR, 704-801
Pungguk Ethanol Co Ltd, formerly PoongKuk Alcohol Industry Co Ltd operates in liquor industry in Korea. It manufactures and markets alcohol, dry ice, liquid carbon dioxide gas, etc. The company also engages in leasing service in Seoul.

Pungguk Ethanol Co (XKRX:023900) Headlines

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