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GAEASOFT (XKRX:051160) Cyclically Adjusted PB Ratio : 4.28 (As of Jun. 21, 2024)


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What is GAEASOFT Cyclically Adjusted PB Ratio?

As of today (2024-06-21), GAEASOFT's current share price is ₩11960.00. GAEASOFT's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩2,793.28. GAEASOFT's Cyclically Adjusted PB Ratio for today is 4.28.

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

XKRX:051160' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 3.66   Max: 24.69
Current: 3.72

During the past years, GAEASOFT's highest Cyclically Adjusted PB Ratio was 24.69. The lowest was 0.43. And the median was 3.66.

XKRX:051160's Cyclically Adjusted PB Ratio is ranked worse than
63.83% of 1424 companies
in the Software industry
Industry Median: 2.53 vs XKRX:051160: 3.72

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.

GAEASOFT's adjusted book value per share data for the three months ended in Mar. 2024 was ₩8,930.905. 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 ₩2,793.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GAEASOFT Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GAEASOFT'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.

GAEASOFT Cyclically Adjusted PB Ratio Chart

GAEASOFT 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 2.92 12.63 15.64 4.90 3.67

GAEASOFT 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 3.76 3.12 2.89 3.67 2.85

Competitive Comparison of GAEASOFT's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, GAEASOFT'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.


GAEASOFT's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



GAEASOFT 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11960.00/2793.28
=4.28

* 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.

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

For example, GAEASOFT'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)
=8930.905/118.8477*118.8477
=8,930.905

Current CPI (Mar. 2024) = 118.8477.

GAEASOFT Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,004.047 99.353 1,201.058
201409 1,015.354 99.608 1,211.474
201412 977.244 99.098 1,172.003
201503 895.421 99.720 1,067.175
201506 875.585 100.050 1,040.093
201509 841.977 100.110 999.571
201512 857.031 100.220 1,016.326
201603 871.440 100.560 1,029.919
201606 801.049 100.790 944.566
201609 760.656 101.460 891.013
201612 499.581 101.560 584.620
201703 526.593 102.850 608.501
201706 501.815 102.610 581.226
201709 569.764 103.490 654.316
201712 495.220 102.990 571.471
201803 519.756 104.100 593.389
201806 540.795 104.130 617.231
201809 608.723 105.650 684.764
201812 579.492 104.350 660.003
201903 685.738 104.490 779.963
201906 665.807 104.880 754.478
201909 656.087 105.200 741.202
201912 571.687 105.120 646.344
202003 656.555 105.540 739.341
202006 825.313 104.870 935.316
202009 991.325 106.200 1,109.385
202012 1,322.320 105.765 1,485.880
202103 1,149.602 107.357 1,272.645
202106 1,776.591 107.579 1,962.693
202109 4,139.876 108.759 4,523.891
202112 5,202.659 109.676 5,637.713
202203 6,315.648 111.806 6,713.428
202206 8,472.323 114.083 8,826.187
202209 8,319.025 114.831 8,609.996
202212 8,000.195 115.200 8,253.499
202303 8,081.505 116.550 8,240.854
202306 8,220.380 117.140 8,340.226
202309 8,425.412 119.111 8,406.773
202312 8,691.620 118.848 8,691.620
202403 8,930.905 118.848 8,930.905

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.


GAEASOFT  (XKRX:051160) 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.


GAEASOFT Cyclically Adjusted PB Ratio Related Terms

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


GAEASOFT (XKRX:051160) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1337-20 Seocho-Dong, 12,13F Daeryung Seocho Tower, Seocho-Gu, Seoul, KOR
GAEASOFT provides mobile solutions and platforms, Internet geographic information system GIS, and mobile services in Korea. Its business areas include developing software solution and platform for mobile internet service, and online digital advertising.

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