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BH Co (XKRX:090460) Cyclically Adjusted PB Ratio : 2.52 (As of May. 17, 2024)


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What is BH Co Cyclically Adjusted PB Ratio?

As of today (2024-05-17), BH Co's current share price is ₩23450.00. BH Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩9,298.51. BH Co's Cyclically Adjusted PB Ratio for today is 2.52.

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

XKRX:090460' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.72   Med: 4.28   Max: 10.05
Current: 2.52

During the past years, BH Co's highest Cyclically Adjusted PB Ratio was 10.05. The lowest was 1.72. And the median was 4.28.

XKRX:090460's Cyclically Adjusted PB Ratio is ranked worse than
67.29% of 1865 companies
in the Hardware industry
Industry Median: 1.65 vs XKRX:090460: 2.52

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.

BH Co's adjusted book value per share data for the three months ended in Dec. 2023 was ₩20,194.900. 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 ₩9,298.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


BH Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BH 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.

BH Co Cyclically Adjusted PB Ratio Chart

BH 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 5.48 4.48 3.87 3.01 2.27

BH Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.01 3.15 3.23 2.34 2.27

Competitive Comparison of BH Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, BH 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.


BH Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



BH 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23450.00/9298.51
=2.52

* 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.

BH Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, BH Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=20194.9/118.8477*118.8477
=20,194.900

Current CPI (Dec. 2023) = 118.8477.

BH Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 3,149.413 99.253 3,771.176
201406 3,266.205 99.353 3,907.088
201409 3,398.157 99.608 4,054.525
201412 3,619.190 99.098 4,340.475
201503 3,746.740 99.720 4,465.417
201506 3,832.098 100.050 4,552.084
201509 3,915.188 100.110 4,647.998
201512 3,831.807 100.220 4,544.018
201603 3,760.420 100.560 4,444.285
201606 3,507.092 100.790 4,135.428
201609 3,205.869 101.460 3,755.275
201612 3,434.958 101.560 4,019.662
201703 3,422.920 102.850 3,955.335
201706 3,821.757 102.610 4,426.538
201709 5,270.303 103.490 6,052.405
201712 4,885.136 102.990 5,637.316
201803 4,628.252 104.100 5,283.930
201806 5,069.742 104.130 5,786.298
201809 6,053.466 105.650 6,809.659
201812 6,526.189 104.350 7,432.895
201903 7,023.988 104.490 7,989.136
201906 7,540.342 104.880 8,544.549
201909 8,822.587 105.200 9,967.150
201912 9,286.172 105.120 10,498.860
202003 9,809.162 105.540 11,046.014
202006 9,640.287 104.870 10,925.202
202009 10,563.642 106.200 11,821.700
202012 10,262.748 105.765 11,532.165
202103 9,525.103 107.357 10,544.580
202106 9,926.355 107.579 10,966.163
202109 11,843.433 108.759 12,942.029
202112 13,066.298 109.676 14,158.921
202203 13,751.166 111.806 14,617.260
202206 15,229.849 114.083 15,865.955
202209 17,740.770 114.831 18,361.281
202212 17,691.773 115.200 18,251.935
202303 18,490.703 116.550 18,855.299
202306 18,594.724 117.140 18,865.819
202309 20,014.103 119.111 19,969.827
202312 20,194.900 118.848 20,194.900

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.


BH Co  (XKRX:090460) 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.


BH Co Cyclically Adjusted PB Ratio Related Terms

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


BH Co (XKRX:090460) Business Description

Industry
Traded in Other Exchanges
N/A
Address
422-1, Cheongcheon 2-Dong, Bupyeong-Gu, Incheon, KOR, 403-030
BH Co Ltd manufactures and provides electronic components to IT companies and cellphone companies. It focuses on LCD modules, FPCB(Flexible Printed Circuit Board) for PDP drive. It also offers Rigid Flexible PCP products applying IVH and HDI.

BH Co (XKRX:090460) Headlines

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