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Watos Corea Co (XKRX:079000) Cyclically Adjusted PB Ratio : 0.60 (As of Jun. 23, 2024)


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What is Watos Corea Co Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Watos Corea Co's current share price is ₩6670.00. Watos Corea Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩11,192.20. Watos Corea Co's Cyclically Adjusted PB Ratio for today is 0.60.

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

XKRX:079000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.64   Max: 1.06
Current: 0.6

During the past years, Watos Corea Co's highest Cyclically Adjusted PB Ratio was 1.06. The lowest was 0.42. And the median was 0.64.

XKRX:079000's Cyclically Adjusted PB Ratio is ranked better than
74.63% of 1277 companies
in the Construction industry
Industry Median: 1.09 vs XKRX:079000: 0.60

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.

Watos Corea Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩10,880.232. 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 ₩11,192.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Watos Corea Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Watos Corea 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.

Watos Corea Co Cyclically Adjusted PB Ratio Chart

Watos Corea 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 0.62 0.58 0.61 0.50 0.44

Watos Corea 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 0.50 0.50 0.44 0.44 0.44

Competitive Comparison of Watos Corea Co's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Watos Corea 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.


Watos Corea Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Watos Corea Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Watos Corea 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6670.00/11192.2
=0.60

* 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.

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

For example, Watos Corea 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)
=10880.232/118.8477*118.8477
=10,880.232

Current CPI (Mar. 2024) = 118.8477.

Watos Corea Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 7,993.674 99.353 9,562.165
201409 8,162.637 99.608 9,739.284
201412 9,538.567 99.098 11,439.552
201503 8,789.804 99.720 10,475.812
201506 8,998.643 100.050 10,689.336
201509 9,154.451 100.110 10,867.900
201512 10,310.445 100.220 12,226.828
201603 9,301.139 100.560 10,992.631
201606 9,456.487 100.790 11,150.727
201609 9,570.246 101.460 11,210.346
201612 10,456.971 101.560 12,236.973
201703 9,602.228 102.850 11,095.797
201706 9,734.045 102.610 11,274.426
201709 9,812.324 103.490 11,268.452
201712 10,620.308 102.990 12,255.551
201803 9,961.178 104.100 11,372.364
201806 9,960.320 104.130 11,368.108
201809 10,010.232 105.650 11,260.701
201812 10,224.141 104.350 11,644.616
201903 10,070.085 104.490 11,453.789
201906 10,202.864 104.880 11,561.660
201909 10,263.481 105.200 11,594.973
201912 10,271.138 105.120 11,612.454
202003 10,091.970 105.540 11,364.482
202006 10,173.351 104.870 11,529.316
202009 10,379.484 106.200 11,615.610
202012 10,284.586 105.765 11,556.704
202103 10,103.005 107.357 11,184.335
202106 10,242.898 107.579 11,315.865
202109 10,212.682 108.759 11,160.010
202112 10,278.911 109.676 11,138.448
202203 10,104.147 111.806 10,740.540
202206 10,652.599 114.083 11,097.526
202209 10,642.543 114.831 11,014.782
202212 10,821.937 115.200 11,164.584
202303 10,664.086 116.550 10,874.358
202306 10,763.502 117.140 10,920.425
202309 10,786.198 119.111 10,762.337
202312 11,013.431 118.848 11,013.431
202403 10,880.232 118.848 10,880.232

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.


Watos Corea Co  (XKRX:079000) 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.


Watos Corea Co Cyclically Adjusted PB Ratio Related Terms

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Watos Corea Co (XKRX:079000) Business Description

Traded in Other Exchanges
N/A
Address
531 WonDang-Dong, Seo-gu, Inchon, KOR, 404-320
Watos Corea Co Ltd operates in the ceramics industry in South Korea. It offers toilet parts, lavatory parts, urinal parts, plumbing fittings and accessories for ceramics companies. It also exports its products to Japan, Indonesia, and Taiwan.

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