GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Dae Dong Steel Co Ltd (XKRX:048470) » Definitions » Cyclically Adjusted PB Ratio

Dae Dong Steel Co (XKRX:048470) Cyclically Adjusted PB Ratio : 0.56 (As of Jun. 04, 2025)


View and export this data going back to 2002. Start your Free Trial

What is Dae Dong Steel Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Dae Dong Steel Co's current share price is ₩4175.00. Dae Dong Steel Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩7,472.52. Dae Dong Steel Co's Cyclically Adjusted PB Ratio for today is 0.56.

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

XKRX:048470' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.78   Max: 2.75
Current: 0.59

During the past years, Dae Dong Steel Co's highest Cyclically Adjusted PB Ratio was 2.75. The lowest was 0.43. And the median was 0.78.

XKRX:048470's Cyclically Adjusted PB Ratio is ranked better than
66.46% of 480 companies
in the Steel industry
Industry Median: 0.845 vs XKRX:048470: 0.59

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.

Dae Dong Steel Co's adjusted book value per share data for the three months ended in Mar. 2025 was ₩7,634.256. 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 ₩7,472.52 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dae Dong Steel Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dae Dong Steel 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.

Dae Dong Steel Co Cyclically Adjusted PB Ratio Chart

Dae Dong Steel Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.88 0.58 0.57 0.42

Dae Dong Steel Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.52 0.63 0.50 0.42 0.52

Competitive Comparison of Dae Dong Steel Co's Cyclically Adjusted PB Ratio

For the Steel subindustry, Dae Dong Steel 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.


Dae Dong Steel Co's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Dae Dong Steel Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Dae Dong Steel 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.

Dae Dong Steel Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4175.00/7472.52
=0.56

* 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.

Dae Dong Steel Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Dae Dong Steel Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7634.256/122.5900*122.5900
=7,634.256

Current CPI (Mar. 2025) = 122.5900.

Dae Dong Steel Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 5,430.930 100.051 6,654.403
201509 5,180.544 100.111 6,343.800
201512 5,208.800 100.220 6,371.425
201603 5,416.042 100.561 6,602.493
201606 5,653.309 100.791 6,876.023
201609 5,733.982 101.461 6,928.056
201612 5,898.685 101.561 7,120.033
201703 6,306.449 102.851 7,516.802
201706 6,312.032 102.611 7,541.002
201709 6,502.722 103.491 7,702.820
201712 6,532.442 102.991 7,775.569
201803 6,504.431 104.101 7,659.674
201806 6,509.076 104.130 7,662.973
201809 6,395.487 105.651 7,420.909
201812 6,215.161 104.351 7,301.500
201903 6,203.398 104.491 7,277.902
201906 6,216.210 104.881 7,265.815
201909 6,172.504 105.200 7,192.824
201912 6,159.383 105.121 7,182.928
202003 5,983.914 105.354 6,962.874
202006 5,848.983 105.112 6,821.564
202009 5,976.138 106.198 6,898.600
202012 6,317.051 105.765 7,321.934
202103 6,708.865 107.357 7,660.779
202106 7,569.561 107.579 8,625.809
202109 7,965.235 108.759 8,978.166
202112 7,736.286 109.676 8,647.178
202203 7,871.912 111.848 8,627.939
202206 7,509.155 114.072 8,069.858
202209 7,015.561 114.715 7,497.148
202212 7,206.455 115.179 7,670.129
202303 7,433.836 116.507 7,821.941
202306 7,349.685 117.182 7,688.870
202309 7,502.395 118.964 7,731.093
202312 7,347.129 118.837 7,579.153
202403 7,419.568 120.123 7,571.933
202406 7,355.120 120.007 7,513.411
202409 7,354.039 120.861 7,459.231
202412 7,630.236 121.135 7,721.873
202503 7,634.256 122.590 7,634.256

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.


Dae Dong Steel Co  (XKRX:048470) 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.


Dae Dong Steel Co Cyclically Adjusted PB Ratio Related Terms

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


Dae Dong Steel Co Business Description

Traded in Other Exchanges
N/A
Address
44-1, Yeouido-Dong, Yeongdeungpo-gu, Seoul, KOR, 150-010
Dae Dong Steel Co Ltd is a manufacturer of steel products in Korea.

Dae Dong Steel Co Headlines

No Headlines