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Dhautoware Co (XKRX:025440) Cyclically Adjusted PB Ratio : 0.93 (As of Jun. 10, 2024)


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What is Dhautoware Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Dhautoware Co's current share price is ₩438.00. Dhautoware Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩472.07. Dhautoware Co's Cyclically Adjusted PB Ratio for today is 0.93.

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

XKRX:025440' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 1.45   Max: 2.78
Current: 0.93

During the past years, Dhautoware Co's highest Cyclically Adjusted PB Ratio was 2.78. The lowest was 0.82. And the median was 1.45.

XKRX:025440's Cyclically Adjusted PB Ratio is ranked better than
64.4% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 1.33 vs XKRX:025440: 0.93

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.

Dhautoware Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩446.677. 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 ₩472.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dhautoware Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dhautoware 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.

Dhautoware Co Cyclically Adjusted PB Ratio Chart

Dhautoware 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 1.77 1.97 2.10 1.29 0.93

Dhautoware 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 1.35 1.25 0.92 0.93 0.96

Competitive Comparison of Dhautoware Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Dhautoware 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.


Dhautoware Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Dhautoware Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dhautoware 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=438.00/472.07
=0.93

* 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.

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

For example, Dhautoware 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)
=446.677/118.8477*118.8477
=446.677

Current CPI (Mar. 2024) = 118.8477.

Dhautoware Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 417.049 99.353 498.881
201409 429.328 99.608 512.254
201412 392.166 99.098 470.323
201503 400.359 99.720 477.153
201506 403.551 100.050 479.371
201509 417.417 100.110 495.545
201512 408.098 100.220 483.950
201603 420.728 100.560 497.241
201606 442.500 100.790 521.779
201609 494.635 101.460 579.403
201612 496.355 101.560 580.845
201703 512.783 102.850 592.543
201706 514.414 102.610 595.818
201709 505.804 103.490 580.864
201712 471.448 102.990 544.038
201803 456.658 104.100 521.352
201806 435.027 104.130 496.514
201809 445.016 105.650 500.607
201812 435.970 104.350 496.541
201903 422.131 104.490 480.135
201906 382.167 104.880 433.063
201909 388.849 105.200 439.295
201912 386.584 105.120 437.068
202003 379.720 105.540 427.599
202006 359.540 104.870 407.462
202009 381.901 106.200 427.383
202012 389.743 105.765 437.951
202103 393.237 107.357 435.325
202106 358.363 107.579 395.902
202109 343.149 108.759 374.979
202112 344.558 109.676 373.370
202203 350.598 111.806 372.680
202206 322.630 114.083 336.105
202209 463.039 114.831 479.234
202212 439.097 115.200 453.000
202303 448.551 116.550 457.395
202306 437.333 117.140 443.709
202309 448.600 119.111 447.608
202312 451.876 118.848 451.876
202403 446.677 118.848 446.677

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.


Dhautoware Co  (XKRX:025440) 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.


Dhautoware Co Cyclically Adjusted PB Ratio Related Terms

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


Dhautoware Co (XKRX:025440) Business Description

Traded in Other Exchanges
N/A
Address
278 Beotkkot-ro, 5th Floor, SJ Technoville, Geumcheon-gu, Seoul, KOR
Dhautoware Co Ltd manufactures and markets car multimedia devices such as car audio, car DVD player and navigation and LCD components for mobile phones. Its products portfolio includes AVNC (Audio, Video, Navigation and Communication), Display Audio, Monitor, Amplifier, ADAS and IVI (In Vehicle Infotainment) system converged ICT technology.

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