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iA (XKRX:038880) Cyclically Adjusted PB Ratio : 1.27 (As of Jun. 05, 2024)


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What is iA Cyclically Adjusted PB Ratio?

As of today (2024-06-05), iA's current share price is ₩320.00. iA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩252.71. iA's Cyclically Adjusted PB Ratio for today is 1.27.

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

XKRX:038880' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 3.31   Max: 11.15
Current: 1.28

During the past years, iA's highest Cyclically Adjusted PB Ratio was 11.15. The lowest was 1.28. And the median was 3.31.

XKRX:038880's Cyclically Adjusted PB Ratio is ranked better than
75.15% of 688 companies
in the Semiconductors industry
Industry Median: 2.57 vs XKRX:038880: 1.28

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.

iA's adjusted book value per share data for the three months ended in Mar. 2024 was ₩268.278. 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 ₩252.71 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


iA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for iA'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.

iA Cyclically Adjusted PB Ratio Chart

iA 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 2.56 5.83 5.57 2.81 1.81

iA 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 3.09 2.48 1.81 1.81 1.64

Competitive Comparison of iA's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, iA'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.


iA's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



iA 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=320.00/252.71
=1.27

* 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.

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

For example, iA'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)
=268.278/118.8477*118.8477
=268.278

Current CPI (Mar. 2024) = 118.8477.

iA Quarterly Data

Book Value per Share CPI Adj_Book
201406 74.987 99.353 89.701
201409 71.955 99.608 85.853
201412 71.573 99.098 85.837
201503 61.095 99.720 72.814
201506 68.563 100.050 81.445
201509 123.519 100.110 146.638
201512 154.017 100.220 182.644
201603 165.507 100.560 195.606
201606 174.528 100.790 205.797
201609 134.117 101.460 157.101
201612 198.128 101.560 231.854
201703 191.212 102.850 220.954
201706 192.199 102.610 222.614
201709 186.658 103.490 214.358
201712 163.896 102.990 189.132
201803 168.316 104.100 192.161
201806 190.261 104.130 217.152
201809 182.334 105.650 205.111
201812 194.089 104.350 221.054
201903 203.823 104.490 231.830
201906 243.562 104.880 275.999
201909 247.966 105.200 280.135
201912 241.582 105.120 273.130
202003 256.302 105.540 288.620
202006 273.718 104.870 310.201
202009 302.107 106.200 338.086
202012 330.590 105.765 371.481
202103 347.503 107.357 384.696
202106 349.687 107.579 386.317
202109 349.157 108.759 381.545
202112 345.576 109.676 374.474
202203 344.805 111.806 366.522
202206 365.256 114.083 380.512
202209 370.408 114.831 383.364
202212 331.102 115.200 341.585
202303 335.718 116.550 342.338
202306 319.795 117.140 324.457
202309 320.624 119.111 319.915
202312 267.185 118.848 267.185
202403 268.278 118.848 268.278

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.


iA  (XKRX:038880) 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.


iA Cyclically Adjusted PB Ratio Related Terms

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


iA (XKRX:038880) Business Description

Industry
Traded in Other Exchanges
N/A
Address
54-7 Munjeong-1dong, Songpa-gu, Seoul, KOR, 138-826
iA Inc is engaged in the design and manufacture of semiconductors. The Company operates two business divisions: semiconductor and system. It provides semiconductors and solutions to automobiles, mobile Tv and ASIC.

iA (XKRX:038880) Headlines

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