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Okins Electronics Co (XKRX:080580) Cyclically Adjusted PB Ratio : 3.13 (As of Jun. 09, 2024)


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What is Okins Electronics Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Okins Electronics Co's current share price is ₩7310.00. Okins Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩2,339.08. Okins Electronics Co's Cyclically Adjusted PB Ratio for today is 3.13.

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

XKRX:080580' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.92   Med: 4.2   Max: 5.84
Current: 3.13

During the past years, Okins Electronics Co's highest Cyclically Adjusted PB Ratio was 5.84. The lowest was 2.92. And the median was 4.20.

XKRX:080580's Cyclically Adjusted PB Ratio is ranked worse than
56.17% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs XKRX:080580: 3.13

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.

Okins Electronics Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩2,105.629. 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 ₩2,339.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Okins Electronics Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Okins Electronics 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.

Okins Electronics Co Cyclically Adjusted PB Ratio Chart

Okins Electronics 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 - - - - 3.84

Okins Electronics 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 - - - 3.84 3.86

Competitive Comparison of Okins Electronics Co's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Okins Electronics 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.


Okins Electronics Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Okins Electronics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Okins Electronics 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7310.00/2339.08
=3.13

* 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.

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

For example, Okins Electronics 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)
=2105.629/118.8477*118.8477
=2,105.629

Current CPI (Mar. 2024) = 118.8477.

Okins Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.353 0.000
201409 0.000 99.608 0.000
201412 3,063.435 99.098 3,673.961
201503 3,055.563 99.720 3,641.663
201506 3,130.761 100.050 3,718.978
201509 3,161.896 100.110 3,753.712
201512 2,603.533 100.220 3,087.447
201603 2,386.087 100.560 2,820.017
201606 2,224.866 100.790 2,623.477
201609 2,182.022 101.460 2,555.966
201612 1,983.475 101.560 2,321.105
201703 1,868.244 102.850 2,158.838
201706 1,922.308 102.610 2,226.507
201709 1,925.366 103.490 2,211.086
201712 1,916.791 102.990 2,211.925
201803 1,859.100 104.100 2,122.476
201806 1,781.920 104.130 2,033.776
201809 1,816.725 105.650 2,043.669
201812 1,887.629 104.350 2,149.884
201903 1,859.097 104.490 2,114.551
201906 1,902.055 104.880 2,155.367
201909 1,900.053 105.200 2,146.549
201912 1,844.821 105.120 2,085.738
202003 1,925.599 105.540 2,168.401
202006 1,879.994 104.870 2,130.571
202009 1,805.955 106.200 2,021.032
202012 1,724.350 105.765 1,937.638
202103 1,741.149 107.357 1,927.505
202106 1,899.382 107.579 2,098.347
202109 1,923.726 108.759 2,102.171
202112 2,010.402 109.676 2,178.515
202203 2,030.004 111.806 2,157.860
202206 2,098.512 114.083 2,186.161
202209 1,995.226 114.831 2,065.012
202212 1,876.013 115.200 1,935.412
202303 1,930.666 116.550 1,968.734
202306 1,861.963 117.140 1,889.109
202309 2,084.271 119.111 2,079.660
202312 2,076.603 118.848 2,076.603
202403 2,105.629 118.848 2,105.629

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.


Okins Electronics Co  (XKRX:080580) 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.


Okins Electronics Co Cyclically Adjusted PB Ratio Related Terms

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


Okins Electronics Co (XKRX:080580) Business Description

Traded in Other Exchanges
N/A
Address
13, Ojeongongeop-gil, 5th Floor, Gyeonggi-do, Uiwang-si, KOR, 16072
Okins Electronics Co Ltd is a supplier of the device interface system. The company manufactures BiTS products for the applications to support device contacts for both memory and logic products. The business units of the organization include BiTS BU, Semiconductor BU and MEMS BU. The product line of the BiTS BU includes burn-in socket, test socket, memory module test socket, SSD module socket, spring probes and PION. Its semiconductor test service offers IC testing services for fabless design houses on test development and volume operation of wafer probing and package testing. The MEMS division is a solution-oriented department for manufacturing sockets for testing fine pitch packages.

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