GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » KT Corp (XKRX:030200) » Definitions » Cyclically Adjusted PB Ratio

KT (XKRX:030200) Cyclically Adjusted PB Ratio : 0.58 (As of May. 05, 2024)


View and export this data going back to 1998. Start your Free Trial

What is KT Cyclically Adjusted PB Ratio?

As of today (2024-05-05), KT's current share price is ₩34500.00. KT's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩59,731.80. KT's Cyclically Adjusted PB Ratio for today is 0.58.

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

XKRX:030200' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.61   Max: 0.87
Current: 0.58

During the past years, KT's highest Cyclically Adjusted PB Ratio was 0.87. The lowest was 0.38. And the median was 0.61.

XKRX:030200's Cyclically Adjusted PB Ratio is ranked better than
79.08% of 282 companies
in the Telecommunication Services industry
Industry Median: 1.44 vs XKRX:030200: 0.58

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.

KT's adjusted book value per share data for the three months ended in Dec. 2023 was ₩67,896.637. 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 ₩59,731.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


KT Cyclically Adjusted PB Ratio Historical Data

The historical data trend for KT'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.

KT Cyclically Adjusted PB Ratio Chart

KT 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 0.54 0.47 0.57 0.59 0.58

KT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.59 0.51 0.51 0.56 0.58

Competitive Comparison of KT's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, KT'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.


KT's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, KT's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KT 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34500.00/59731.8
=0.58

* 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.

KT's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, KT's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=67896.637/118.8477*118.8477
=67,896.637

Current CPI (Dec. 2023) = 118.8477.

KT Quarterly Data

Book Value per Share CPI Adj_Book
201306 46,433.699 97.732 56,466.033
201309 46,876.482 98.479 56,572.082
201312 44,914.600 98.279 54,314.725
201403 44,048.221 99.253 52,744.297
201406 40,998.296 99.353 49,042.839
201409 41,243.501 99.608 49,209.855
201412 39,593.113 99.098 47,483.808
201503 40,662.731 99.720 48,462.415
201506 41,801.832 100.050 49,655.688
201509 45,084.550 100.110 53,523.075
201512 44,254.584 100.220 52,480.099
201603 49,794.977 100.560 58,850.621
201606 45,424.783 100.790 53,563.161
201609 46,372.230 101.460 54,319.267
201612 47,205.795 101.560 55,241.238
201706 47,685.633 102.610 55,231.730
201712 48,109.891 102.990 55,517.525
201806 52,259.127 104.130 59,645.415
201809 0.000 105.650 0.000
201812 53,559.734 104.350 61,000.970
201903 0.000 104.490 0.000
201906 54,751.947 104.880 62,043.697
201909 55,527.964 105.200 62,731.662
201912 55,539.116 105.120 62,792.011
202003 55,325.935 105.540 62,302.067
202006 56,362.254 104.870 63,874.552
202009 57,341.726 106.200 64,170.737
202012 57,936.355 105.765 65,102.600
202103 58,903.557 107.357 65,208.037
202106 60,401.847 107.579 66,729.076
202109 61,872.116 108.759 67,611.372
202112 63,511.569 109.676 68,822.499
202203 63,290.160 111.806 67,276.384
202206 64,440.071 114.083 67,131.542
202209 62,962.745 114.831 65,164.963
202212 64,872.482 115.200 66,926.492
202303 63,885.316 116.550 65,144.993
202306 67,427.497 117.140 68,410.532
202309 67,290.514 119.111 67,141.653
202312 67,896.637 118.848 67,896.637

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.


KT  (XKRX:030200) 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.


KT Cyclically Adjusted PB Ratio Related Terms

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


KT (XKRX:030200) Business Description

Traded in Other Exchanges
Address
90 Bulljeong-ro (206 Jungja-dong), Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 13606
KT is South Korea's largest fixed-line telecom operator, with around 9.0 million fixed-line broadband customers and 9.4 million IPTV customers, and is the second-largest wireless operator with 25 million subscribers. Additionally, it has a number of nontelecom businesses, including real estate, payment processing, artificial intelligence, and IDC/cloud services, many of which are the focus of its growth strategy. The company was formed from the previously government-owned, monopoly telecom business and was listed in 1998. After selling its mobile business in 1994 (forming its mobile competitor, SK Telecom) KT created its own mobile operator in 1997.

KT (XKRX:030200) Headlines

No Headlines