GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » INKTECH Co Ltd (XKRX:049550) » Definitions » Cyclically Adjusted PB Ratio

INKTECH Co (XKRX:049550) Cyclically Adjusted PB Ratio : 1.21 (As of Jun. 21, 2024)


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

What is INKTECH Co Cyclically Adjusted PB Ratio?

As of today (2024-06-21), INKTECH Co's current share price is ₩4000.00. INKTECH Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩3,311.16. INKTECH Co's Cyclically Adjusted PB Ratio for today is 1.21.

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

XKRX:049550' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.15   Max: 2.6
Current: 1.28

During the past years, INKTECH Co's highest Cyclically Adjusted PB Ratio was 2.60. The lowest was 0.65. And the median was 1.15.

XKRX:049550's Cyclically Adjusted PB Ratio is ranked better than
61.51% of 1216 companies
in the Chemicals industry
Industry Median: 1.66 vs XKRX:049550: 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.

INKTECH Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩3,809.173. 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 ₩3,311.16 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


INKTECH Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for INKTECH 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.

INKTECH Co Cyclically Adjusted PB Ratio Chart

INKTECH 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 1.04 1.28 2.30 1.40 1.22

INKTECH 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 1.34 1.37 1.20 1.22 1.12

Competitive Comparison of INKTECH Co's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, INKTECH 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.


INKTECH Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



INKTECH 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4000.00/3311.16
=1.21

* 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.

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

For example, INKTECH 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)
=3809.173/118.8477*118.8477
=3,809.173

Current CPI (Mar. 2024) = 118.8477.

INKTECH Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 5,068.861 99.353 6,063.455
201409 4,886.410 99.608 5,830.240
201412 4,325.972 99.098 5,188.115
201503 4,177.305 99.720 4,978.571
201506 3,926.623 100.050 4,664.369
201509 3,671.485 100.110 4,358.681
201512 2,328.010 100.220 2,760.713
201603 2,204.071 100.560 2,604.900
201606 2,252.012 100.790 2,655.486
201609 2,327.940 101.460 2,726.891
201612 2,252.263 101.560 2,635.647
201703 1,894.178 102.850 2,188.806
201706 1,600.932 102.610 1,854.274
201709 3,365.792 103.490 3,865.269
201712 2,710.465 102.990 3,127.804
201803 2,717.030 104.100 3,101.948
201806 2,666.795 104.130 3,043.719
201809 2,602.601 105.650 2,927.716
201812 2,461.118 104.350 2,803.049
201903 2,466.702 104.490 2,805.645
201906 2,464.344 104.880 2,792.540
201909 2,494.464 105.200 2,818.073
201912 2,247.749 105.120 2,541.284
202003 2,237.111 105.540 2,519.192
202006 2,210.697 104.870 2,505.352
202009 2,296.213 106.200 2,569.676
202012 2,263.436 105.765 2,543.404
202103 2,120.269 107.357 2,347.203
202106 2,857.200 107.579 3,156.498
202109 2,904.093 108.759 3,173.477
202112 2,985.105 109.676 3,234.724
202203 3,065.664 111.806 3,258.750
202206 3,127.890 114.083 3,258.533
202209 3,174.789 114.831 3,285.832
202212 3,570.156 115.200 3,683.195
202303 3,613.346 116.550 3,684.593
202306 3,626.051 117.140 3,678.916
202309 3,673.117 119.111 3,664.991
202312 3,735.662 118.848 3,735.662
202403 3,809.173 118.848 3,809.173

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.


INKTECH Co  (XKRX:049550) 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.


INKTECH Co Cyclically Adjusted PB Ratio Related Terms

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


INKTECH Co (XKRX:049550) Business Description

Traded in Other Exchanges
N/A
Address
1124 Shingil-dong, Danwon-gu, Ansan, Gyeonggi, KOR, 425-839
INKTECH Co Ltd is a South Korean company engaged in inktec business, digital printing, and printed electronic business. The activities of the company include development of conductive inks for touch screen panel, EMI shielding, printed memory, and display.

INKTECH Co (XKRX:049550) Headlines

No Headlines