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Kolon Industries (XKRX:120110) Cyclically Adjusted PB Ratio : 0.50 (As of Jun. 04, 2024)


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What is Kolon Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Kolon Industries's current share price is ₩41650.00. Kolon Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩82,957.90. Kolon Industries's Cyclically Adjusted PB Ratio for today is 0.50.

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

XKRX:120110' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.58   Max: 1.54
Current: 0.51

During the past years, Kolon Industries's highest Cyclically Adjusted PB Ratio was 1.54. The lowest was 0.34. And the median was 0.58.

XKRX:120110's Cyclically Adjusted PB Ratio is ranked better than
90.28% of 1173 companies
in the Chemicals industry
Industry Median: 1.7 vs XKRX:120110: 0.51

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.

Kolon Industries's adjusted book value per share data for the three months ended in Mar. 2024 was ₩94,022.720. 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 ₩82,957.90 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kolon Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kolon Industries'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.

Kolon Industries Cyclically Adjusted PB Ratio Chart

Kolon Industries 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 0.73 0.58 0.95 0.52 0.54

Kolon Industries 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 0.56 0.62 0.55 0.54 0.45

Competitive Comparison of Kolon Industries's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Kolon Industries'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.


Kolon Industries's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kolon Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kolon Industries 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.

Kolon Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41650.00/82957.9
=0.50

* 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.

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

For example, Kolon Industries'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)
=94022.72/118.8477*118.8477
=94,022.720

Current CPI (Mar. 2024) = 118.8477.

Kolon Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 66,415.321 99.353 79,447.104
201409 65,312.269 99.608 77,927.606
201412 67,112.514 99.098 80,487.678
201503 59,845.463 99.720 71,324.665
201506 61,208.580 100.050 72,708.635
201509 62,616.181 100.110 74,336.121
201512 65,197.250 100.220 77,315.338
201603 66,952.831 100.560 79,128.779
201606 69,323.063 100.790 81,743.095
201609 69,207.842 101.460 81,068.331
201612 70,458.140 101.560 82,451.633
201703 69,799.262 102.850 80,656.118
201706 73,197.635 102.610 84,780.924
201709 74,433.951 103.490 85,479.794
201712 76,336.806 102.990 88,090.628
201803 76,419.070 104.100 87,245.252
201806 76,414.844 104.130 87,215.293
201809 75,573.550 105.650 85,014.128
201812 70,014.749 104.350 79,742.136
201903 69,331.391 104.490 78,858.038
201906 68,644.158 104.880 77,786.044
201909 68,456.543 105.200 77,337.478
201912 67,301.746 105.120 76,090.732
202003 70,429.257 105.540 79,309.790
202006 71,421.443 104.870 80,940.920
202009 71,545.445 106.200 80,066.022
202012 72,792.174 105.765 81,795.960
202103 74,830.686 107.357 82,839.855
202106 78,224.374 107.579 86,418.553
202109 80,970.504 108.759 88,481.325
202112 80,025.624 109.676 86,717.483
202203 82,964.112 111.806 88,189.467
202206 83,111.269 114.083 86,582.580
202209 85,275.863 114.831 88,258.516
202212 85,728.614 115.200 88,442.977
202303 85,517.061 116.550 87,203.268
202306 86,393.633 117.140 87,653.179
202309 93,303.574 119.111 93,097.166
202312 92,061.297 118.848 92,061.297
202403 94,022.720 118.848 94,022.720

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.


Kolon Industries  (XKRX:120110) 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.


Kolon Industries Cyclically Adjusted PB Ratio Related Terms

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


Kolon Industries (XKRX:120110) Business Description

Traded in Other Exchanges
Address
Kolon Tower 1-23, Byeoryang-Dong, Gyeonggi do, Gwacheon-si, KOR, 427-709
Kolon Industries Inc is a Korean manufacturing company. It manufactures chemical Fibers and textiles. The company focuses on four business divisions namely, Industrial Materials, Chemicals, Films/electronic materials, and Fashion. Industrial materials where the company produces automotive and advance materials. The Chemicals segment is made for industrial and residential purposes. The division of films/electronic materials is used in displays and solar devices, and the division of fashion is where the company makes clothing.

Kolon Industries (XKRX:120110) Headlines

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