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Iljin Diamond Co (XKRX:081000) Cyclically Adjusted PB Ratio : (As of Sep. 22, 2024)


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What is Iljin Diamond Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Iljin Diamond Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Iljin Diamond 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.

Iljin Diamond Co Cyclically Adjusted PB Ratio Chart

Iljin Diamond 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 3.92 6.01 3.10 1.33 0.97

Iljin Diamond Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.53 0.96 0.97 0.88 -

Competitive Comparison of Iljin Diamond Co's Cyclically Adjusted PB Ratio

For the Tools & Accessories subindustry, Iljin Diamond 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.


Iljin Diamond Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Iljin Diamond Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Iljin Diamond 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.

Iljin Diamond Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Iljin Diamond Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=28648.123/*
=

Current CPI (Jun. 2024) = .

Iljin Diamond Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 6,060.092 99.608 0.000
201412 6,044.444 99.098 0.000
201503 6,112.824 99.720 0.000
201506 6,442.842 100.050 0.000
201509 6,678.345 100.110 0.000
201512 6,940.965 100.220 0.000
201603 6,860.411 100.560 0.000
201606 7,040.470 100.790 0.000
201609 7,132.197 101.460 0.000
201612 7,298.547 101.560 0.000
201703 7,526.216 102.850 0.000
201706 7,813.084 102.610 0.000
201709 8,083.074 103.490 0.000
201712 8,314.672 102.990 0.000
201803 8,248.367 104.100 0.000
201806 8,505.725 104.130 0.000
201809 8,720.694 105.650 0.000
201812 8,758.312 104.350 0.000
201903 8,727.608 104.490 0.000
201906 9,546.069 104.880 0.000
201909 12,709.024 105.200 0.000
201912 12,685.935 105.120 0.000
202003 12,606.341 105.540 0.000
202006 12,658.355 104.870 0.000
202009 12,837.964 106.200 0.000
202012 12,791.532 105.765 0.000
202103 12,584.312 107.357 0.000
202106 12,920.682 107.579 0.000
202109 28,936.281 108.759 0.000
202112 28,933.753 109.676 0.000
202203 28,685.913 111.806 0.000
202206 28,844.090 114.083 0.000
202209 29,071.049 114.831 0.000
202212 28,217.366 115.200 0.000
202303 28,232.722 116.550 0.000
202306 28,404.671 117.140 0.000
202309 28,559.433 119.111 0.000
202312 28,457.156 118.848 0.000
202403 28,408.480 118.848 0.000
202406 28,648.123 0.000

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.


Iljin Diamond Co  (XKRX:081000) 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.


Iljin Diamond Co Cyclically Adjusted PB Ratio Related Terms

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Iljin Diamond Co Business Description

Traded in Other Exchanges
N/A
Address
45, Mapo-daero, Mapo-gu, Seoul, KOR
Iljin Diamond Co Ltd is engaged in manufacturing of tools including grit diamond products, cutting tool materials, and Tungsten carbide products in South Korea.

Iljin Diamond Co Headlines

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