GURUFOCUS.COM » STOCK LIST » Technology » Software » e-Credible Co Ltd (XKRX:092130) » Definitions » Cyclically Adjusted PB Ratio

e-Credible Co (XKRX:092130) Cyclically Adjusted PB Ratio : 3.26 (As of Jun. 24, 2024)


View and export this data going back to 2008. Start your Free Trial

What is e-Credible Co Cyclically Adjusted PB Ratio?

As of today (2024-06-24), e-Credible Co's current share price is ₩12900.00. e-Credible Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩3,961.72. e-Credible Co's Cyclically Adjusted PB Ratio for today is 3.26.

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

XKRX:092130' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.27   Med: 6.36   Max: 8.83
Current: 3.27

During the past years, e-Credible Co's highest Cyclically Adjusted PB Ratio was 8.83. The lowest was 3.27. And the median was 6.36.

XKRX:092130's Cyclically Adjusted PB Ratio is ranked worse than
58.53% of 1425 companies
in the Software industry
Industry Median: 2.57 vs XKRX:092130: 3.27

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.

e-Credible Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩3,032.065. 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 ₩3,961.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


e-Credible Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for e-Credible 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.

e-Credible Co Cyclically Adjusted PB Ratio Chart

e-Credible 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 6.81 7.82 5.75 4.30 3.52

e-Credible 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 4.21 4.11 3.62 3.52 3.29

Competitive Comparison of e-Credible Co's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, e-Credible 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.


e-Credible Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, e-Credible Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



e-Credible 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.

e-Credible Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12900.00/3961.72
=3.26

* 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.

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

For example, e-Credible 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)
=3032.065/118.8477*118.8477
=3,032.065

Current CPI (Mar. 2024) = 118.8477.

e-Credible Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,315.608 99.353 2,769.969
201409 2,393.858 99.608 2,856.242
201412 2,416.447 99.098 2,898.032
201503 2,130.014 99.720 2,538.581
201506 2,557.568 100.050 3,038.092
201509 2,647.906 100.110 3,143.518
201512 2,713.526 100.220 3,217.884
201603 2,403.346 100.560 2,840.415
201606 2,963.194 100.790 3,494.085
201609 3,086.779 101.460 3,615.776
201612 3,110.941 101.560 3,640.490
201703 2,700.400 102.850 3,120.431
201706 3,347.991 102.610 3,877.800
201709 3,479.152 103.490 3,995.451
201712 3,486.428 102.990 4,023.244
201803 3,115.535 104.100 3,556.908
201806 3,812.008 104.130 4,350.796
201809 3,970.252 105.650 4,466.212
201812 3,996.378 104.350 4,551.608
201903 3,482.869 104.490 3,961.441
201906 4,250.862 104.880 4,816.983
201909 4,401.389 105.200 4,972.386
201912 4,459.888 105.120 5,042.308
202003 3,946.999 105.540 4,444.682
202006 4,717.720 104.870 5,346.526
202009 4,850.423 106.200 5,428.075
202012 4,803.520 105.765 5,397.675
202103 4,311.795 107.357 4,773.289
202106 5,111.077 107.579 5,646.474
202109 5,282.955 108.759 5,773.002
202112 5,259.842 109.676 5,699.678
202203 2,739.138 111.806 2,911.658
202206 3,592.630 114.083 3,742.683
202209 3,767.735 114.831 3,899.517
202212 3,840.078 115.200 3,961.664
202303 2,714.651 116.550 2,768.178
202306 3,469.868 117.140 3,520.456
202309 3,567.011 119.111 3,559.120
202312 3,775.547 118.848 3,775.547
202403 3,032.065 118.848 3,032.065

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.


e-Credible Co  (XKRX:092130) 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.


e-Credible Co Cyclically Adjusted PB Ratio Related Terms

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


e-Credible Co (XKRX:092130) Business Description

Industry
Traded in Other Exchanges
N/A
Address
197-5 Guro-dong, Guro-gu, Seoul, KOR, 152-743
e-Credible Co Ltd is engaged in the provision of credit authentication services for the electronics industry. It offers digital networking authentication (DNA) service, electronic credit certificate service and others.

e-Credible Co (XKRX:092130) Headlines

No Headlines