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Opticis Co (XKRX:109080) Cyclically Adjusted PB Ratio : 1.08 (As of Jun. 22, 2024)


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What is Opticis Co Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Opticis Co's current share price is ₩9270.00. Opticis Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩8,592.99. Opticis Co's Cyclically Adjusted PB Ratio for today is 1.08.

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

XKRX:109080' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 1.68   Max: 4.56
Current: 1.08

During the past years, Opticis Co's highest Cyclically Adjusted PB Ratio was 4.56. The lowest was 1.03. And the median was 1.68.

XKRX:109080's Cyclically Adjusted PB Ratio is ranked better than
67.46% of 1902 companies
in the Hardware industry
Industry Median: 1.665 vs XKRX:109080: 1.08

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.

Opticis Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩10,815.670. 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 ₩8,592.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Opticis Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Opticis 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.

Opticis Co Cyclically Adjusted PB Ratio Chart

Opticis 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 - - 2.92 1.52 1.24

Opticis 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 1.90 1.64 1.32 1.24 1.15

Competitive Comparison of Opticis Co's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Opticis 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.


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

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

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



Opticis 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9270.00/8592.99
=1.08

* 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.

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

For example, Opticis 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)
=10815.67/118.8477*118.8477
=10,815.670

Current CPI (Mar. 2024) = 118.8477.

Opticis Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 5,358.685 99.353 6,410.148
201409 5,445.038 99.608 6,496.770
201412 5,629.208 99.098 6,751.079
201503 5,617.521 99.720 6,695.041
201506 5,742.614 100.050 6,821.554
201509 5,908.398 100.110 7,014.279
201512 6,019.641 100.220 7,138.500
201603 6,167.828 100.560 7,289.501
201606 6,270.788 100.790 7,394.273
201609 6,303.772 101.460 7,384.080
201612 6,444.951 101.560 7,542.021
201703 6,473.461 102.850 7,480.369
201706 6,540.466 102.610 7,575.474
201709 6,670.183 103.490 7,660.024
201712 6,745.702 102.990 7,784.359
201803 6,822.851 104.100 7,789.435
201806 6,991.477 104.130 7,979.650
201809 7,210.392 105.650 8,111.107
201812 7,242.146 104.350 8,248.322
201903 7,364.660 104.490 8,376.619
201906 7,381.646 104.880 8,364.718
201909 7,631.482 105.200 8,621.522
201912 7,750.025 105.120 8,762.107
202003 7,892.947 105.540 8,888.181
202006 8,027.303 104.870 9,097.230
202009 7,994.944 106.200 8,947.088
202012 8,014.799 105.765 9,006.163
202103 8,157.461 107.357 9,030.559
202106 8,370.533 107.579 9,247.365
202109 8,828.501 108.759 9,647.432
202112 9,150.664 109.676 9,915.856
202203 9,432.813 111.806 10,026.923
202206 9,825.654 114.083 10,236.042
202209 10,453.675 114.831 10,819.308
202212 10,555.358 115.200 10,889.565
202303 10,657.588 116.550 10,867.732
202306 10,793.038 117.140 10,950.391
202309 10,834.970 119.111 10,811.001
202312 10,832.046 118.848 10,832.046
202403 10,815.670 118.848 10,815.670

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.


Opticis Co  (XKRX:109080) 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.


Opticis Co Cyclically Adjusted PB Ratio Related Terms

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


Opticis Co (XKRX:109080) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7th Floor, Jeongjail-ro, Bundang-gu, Seonnam-si, Gyeonggi-do, KOR, 13558
Opticis Co Ltd., engaged in the manufacture of digital fiber optic link products used for computer, audio and video industries. The company's products include optical DVI extender, optical HDMI extender, and optical display port extender.

Opticis Co (XKRX:109080) Headlines

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