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J way Co (XKRX:058420) Cyclically Adjusted PB Ratio : 0.01 (As of May. 17, 2024)


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What is J way Co Cyclically Adjusted PB Ratio?

As of today (2024-05-17), J way Co's current share price is ₩37.00. J way Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 was ₩4,837.24. J way Co's Cyclically Adjusted PB Ratio for today is 0.01.

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

XKRX:058420's Cyclically Adjusted PB Ratio is not ranked *
in the Media - Diversified industry.
Industry Median: 1.13
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

J way Co's adjusted book value per share data for the three months ended in Dec. 2022 was ₩-1,352.717. 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 ₩4,837.24 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


J way Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for J way 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.

J way Co Cyclically Adjusted PB Ratio Chart

J way Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 1.23 0.51 0.38 0.45

J way Co Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 0.38 0.40 0.41 0.42 0.45

Competitive Comparison of J way Co's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, J way 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.


J way Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, J way Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



J way 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.00/4837.24
=0.01

* 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.

J way Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, J way Co's adjusted Book Value per Share data for the three months ended in Dec. 2022 was:

Adj_Book=Book Value per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-1352.717/115.2002*115.2002
=-1,352.717

Current CPI (Dec. 2022) = 115.2002.

J way Co Quarterly Data

Book Value per Share CPI Adj_Book
201303 0.000 97.987 0.000
201306 10,099.197 97.732 11,904.284
201309 9,859.933 98.479 11,534.096
201312 7,707.698 98.279 9,034.772
201403 7,323.225 99.253 8,499.864
201406 7,227.564 99.353 8,380.389
201409 6,886.289 99.608 7,964.239
201412 4,588.205 99.098 5,333.732
201503 4,847.302 99.720 5,599.781
201506 4,917.716 100.050 5,662.387
201509 5,076.280 100.110 5,841.459
201512 5,311.978 100.220 6,105.976
201603 5,746.609 100.560 6,583.239
201606 5,533.316 100.790 6,324.428
201609 6,036.343 101.460 6,853.814
201612 5,993.760 101.560 6,798.763
201703 5,853.120 102.850 6,555.961
201706 5,457.729 102.610 6,127.390
201709 5,514.962 103.490 6,138.996
201712 4,206.813 102.990 4,705.561
201803 3,618.099 104.100 4,003.897
201806 5,245.085 104.130 5,802.697
201809 5,143.680 105.650 5,608.641
201812 4,548.815 104.350 5,021.796
201903 5,021.806 104.490 5,536.540
201906 4,953.153 104.880 5,440.544
201909 4,931.710 105.200 5,400.513
201912 4,330.162 105.120 4,745.391
202003 4,541.795 105.540 4,957.511
202006 4,110.446 104.870 4,515.345
202009 3,839.267 106.200 4,164.636
202012 1,337.025 105.765 1,456.294
202103 1,252.536 107.357 1,344.040
202106 533.820 107.579 571.639
202109 196.089 108.759 207.702
202112 -927.719 109.676 -974.443
202203 -1,254.067 111.806 -1,292.140
202206 -1,137.946 114.083 -1,149.092
202209 -1,301.399 114.831 -1,305.580
202212 -1,352.717 115.200 -1,352.717

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.


J way Co  (XKRX:058420) 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.


J way Co Cyclically Adjusted PB Ratio Related Terms

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


J way Co (XKRX:058420) Business Description

Traded in Other Exchanges
N/A
Address
1F 1110-22, Oryong-Dong, Buk-Gu, Gwangju, KOR, 506-304
J way Co Ltd is a South Korea based content business company. It provides digital movie contents, develops/distribute a wide variety of mobile solutions. Its major products include ontown, cinehotel and Wu Xin.

J way Co (XKRX:058420) Headlines

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