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HANLA IMS Co (XKRX:092460) Cyclically Adjusted PB Ratio : 1.25 (As of May. 19, 2024)


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What is HANLA IMS Co Cyclically Adjusted PB Ratio?

As of today (2024-05-19), HANLA IMS Co's current share price is ₩7190.00. HANLA IMS Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩5,755.71. HANLA IMS Co's Cyclically Adjusted PB Ratio for today is 1.25.

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

XKRX:092460' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.12   Max: 1.92
Current: 1.25

During the past years, HANLA IMS Co's highest Cyclically Adjusted PB Ratio was 1.92. The lowest was 0.62. And the median was 1.12.

XKRX:092460's Cyclically Adjusted PB Ratio is ranked better than
61.86% of 1867 companies
in the Hardware industry
Industry Median: 1.65 vs XKRX:092460: 1.25

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.

HANLA IMS Co's adjusted book value per share data for the three months ended in Dec. 2023 was ₩9,927.761. 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 ₩5,755.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


HANLA IMS Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for HANLA IMS 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.

HANLA IMS Co Cyclically Adjusted PB Ratio Chart

HANLA IMS 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 1.12 0.92 1.04 1.11 1.15

HANLA IMS 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 1.11 1.13 1.26 1.05 1.15

Competitive Comparison of HANLA IMS Co's Cyclically Adjusted PB Ratio

For the Scientific & Technical Instruments subindustry, HANLA IMS 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.


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

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

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



HANLA IMS 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7190.00/5755.71
=1.25

* 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.

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

For example, HANLA IMS 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)
=9927.761/118.8477*118.8477
=9,927.761

Current CPI (Dec. 2023) = 118.8477.

HANLA IMS Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 4,113.757 99.253 4,925.902
201406 4,230.059 99.353 5,060.066
201409 4,317.921 99.608 5,151.945
201412 4,370.627 99.098 5,241.670
201503 4,347.912 99.720 5,181.903
201506 4,438.760 100.050 5,272.728
201509 4,499.354 100.110 5,341.503
201512 4,630.634 100.220 5,491.321
201603 4,534.528 100.560 5,359.171
201606 4,605.715 100.790 5,430.882
201609 4,590.003 101.460 5,376.614
201612 4,681.942 101.560 5,478.909
201703 4,622.897 102.850 5,341.961
201706 4,573.603 102.610 5,297.361
201709 4,693.404 103.490 5,389.895
201712 4,732.653 102.990 5,461.355
201803 4,563.508 104.100 5,210.014
201806 4,560.698 104.130 5,205.306
201809 4,575.519 105.650 5,147.089
201812 4,656.806 104.350 5,303.792
201903 4,703.835 104.490 5,350.177
201906 4,756.339 104.880 5,389.778
201909 4,752.905 105.200 5,369.504
201912 4,800.676 105.120 5,427.600
202003 4,786.468 105.540 5,390.001
202006 4,899.439 104.870 5,552.465
202009 4,964.598 106.200 5,555.848
202012 5,087.614 105.765 5,716.910
202103 4,796.232 107.357 5,309.575
202106 5,154.320 107.579 5,694.247
202109 5,230.635 108.759 5,715.829
202112 5,319.447 109.676 5,764.267
202203 5,368.860 111.806 5,707.009
202206 5,521.544 114.083 5,752.163
202209 5,739.402 114.831 5,940.146
202212 5,683.462 115.200 5,863.413
202303 5,642.957 116.550 5,754.224
202306 9,633.867 117.140 9,774.321
202309 9,625.216 119.111 9,603.923
202312 9,927.761 118.848 9,927.761

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.


HANLA IMS Co  (XKRX:092460) 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.


HANLA IMS Co Cyclically Adjusted PB Ratio Related Terms

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HANLA IMS Co (XKRX:092460) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1610-5, Songjeong-Dong, Gangseo-Gu, Busan, KOR, 618-819
HANLA IMS Co Ltd is a South Korean company operating in the scientific and technical instruments industry. The products of the company include level gauges, level switches, level transmitters, electric equipment, systems, and loading computer.

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