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Asia Technology Co (XKRX:050860) Cyclically Adjusted PB Ratio : 0.39 (As of Jun. 04, 2025)


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What is Asia Technology Co Cyclically Adjusted PB Ratio?

As of today (2025-06-04), Asia Technology Co's current share price is ₩2135.00. Asia Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩5,501.31. Asia Technology Co's Cyclically Adjusted PB Ratio for today is 0.39.

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

XKRX:050860' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.6   Max: 1.26
Current: 0.38

During the past years, Asia Technology Co's highest Cyclically Adjusted PB Ratio was 1.26. The lowest was 0.34. And the median was 0.60.

XKRX:050860's Cyclically Adjusted PB Ratio is ranked better than
94.25% of 174 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.635 vs XKRX:050860: 0.38

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.

Asia Technology Co's adjusted book value per share data for the three months ended in Mar. 2025 was ₩6,562.341. 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 ₩5,501.31 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asia Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asia Technology 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.

Asia Technology Co Cyclically Adjusted PB Ratio Chart

Asia Technology Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.80 0.62 0.57 0.47

Asia Technology 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 0.43 0.47 0.39 0.38 0.35

Competitive Comparison of Asia Technology Co's Cyclically Adjusted PB Ratio

For the Farm & Heavy Construction Machinery subindustry, Asia Technology 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.


Asia Technology Co's Cyclically Adjusted PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Asia Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Asia Technology 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2135.00/5501.31
=0.39

* 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.

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

For example, Asia Technology 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)
=6562.341/122.5900*122.5900
=6,562.341

Current CPI (Mar. 2025) = 122.5900.

Asia Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 4,073.199 100.051 4,990.804
201509 3,975.399 100.111 4,868.048
201512 4,034.865 100.220 4,935.463
201603 4,007.398 100.561 4,885.268
201606 3,992.649 100.791 4,856.191
201609 3,858.048 101.461 4,661.468
201612 3,848.816 101.561 4,645.730
201703 4,000.427 102.851 4,768.201
201706 4,088.535 102.611 4,884.584
201709 3,940.075 103.491 4,667.228
201712 4,023.116 102.991 4,788.717
201803 4,224.463 104.101 4,974.764
201806 4,679.673 104.130 5,509.262
201809 4,558.676 105.651 5,289.592
201812 4,537.886 104.351 5,331.056
201903 4,662.075 104.491 5,469.603
201906 4,624.221 104.881 5,405.019
201909 4,548.016 105.200 5,299.807
201912 4,539.368 105.121 5,293.705
202003 4,499.640 105.354 5,235.775
202006 4,634.380 105.112 5,404.994
202009 4,553.417 106.198 5,256.271
202012 4,550.145 105.765 5,273.958
202103 4,698.196 107.357 5,364.818
202106 4,822.231 107.579 5,495.120
202109 4,771.334 108.759 5,378.100
202112 4,817.756 109.676 5,385.012
202203 5,086.092 111.848 5,574.566
202206 5,722.067 114.072 6,149.330
202209 5,635.617 114.715 6,022.477
202212 5,726.347 115.179 6,094.789
202303 5,984.179 116.507 6,296.600
202306 6,134.007 117.182 6,417.089
202309 6,090.378 118.964 6,276.033
202312 6,137.614 118.837 6,331.441
202403 6,288.207 120.123 6,417.339
202406 6,465.250 120.007 6,604.390
202409 6,453.283 120.861 6,545.591
202412 6,365.320 121.135 6,441.766
202503 6,562.341 122.590 6,562.341

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.


Asia Technology Co  (XKRX:050860) 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.


Asia Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Asia Technology Co Business Description

Traded in Other Exchanges
N/A
Address
11 Biseul-ro 96-gil, Yuga-myeon, Dalseong-gun, Daegu-si, KOR
Asia Technology Co Ltd Was founded in 1945, and it is Korea's first general agricultural machinery manufacturer.

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