Alton Co (XKRX:123750) Cyclically Adjusted PB Ratio: 0.69 (As of Sep. 11, 2026) — 27% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKRX:123750 Alton Co Ltd XKRX:123750
63 GF Score
Price ₩1,743.00
GF Value ₩1,829.97
Valuation Fairly Valued
! 5 Warning Signs
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What is Alton Co Cyclically Adjusted PB Ratio?

Alton Co XKRX:123750 +0.64% 63 Cyclically Adjusted PB Ratio is 0.69 as of Sep. 11, 2026, which is 27% below its 10-year median of 0.94. GuruFocus rates XKRX:123750 with a GF Score™ of 63/100 and a GF Value™ of ₩1,829.97 (Fairly Valued). The stock has 5 warning signs investors should review. Among 600 Travel & Leisure companies, Alton Co ranks better than 67.83% on this metric.

As of today (2026-09-11), Alton Co's current share price is ₩1743.00. Alton Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₩2,526.81. Alton Co's Cyclically Adjusted PB Ratio for today is 0.69.

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

XKRX:123750' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.94   Max: 1.78
Current: 0.67

During the past years, Alton Co's highest Cyclically Adjusted PB Ratio was 1.78. The lowest was 0.34. And the median was 0.94.

XKRX:123750's Cyclically Adjusted PB Ratio is ranked better than
67.83% of 600 companies
in the Travel & Leisure industry
Industry Median: 1.14 vs XKRX:123750: 0.67

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.

Alton Co's adjusted book value per share data for the three months ended in Jun. 2026 was ₩1,709.028. 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 ₩2,526.81 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alton Co  (XKRX:123750) 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.


Alton Co Cyclically Adjusted PB Ratio Related Terms


Alton Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alton 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.

Alton Co Cyclically Adjusted PB Ratio Chart

Alton Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.10 1.00 0.47 0.49

Alton Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.54 0.63 0.49 0.97 0.75

XKRX:123750 vs AS, HAS, LTH: Cyclically Adjusted PB Ratio Comparison

For the Leisure subindustry, Alton 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.


Alton Co Cyclically Adjusted PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Alton Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


XKRX:123750
63GF Score
Alton Co Ltd XKRX:123750
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Alton 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1743.00/2526.81
=0.69

* 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.

Alton Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Alton Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1709.028/126.4904*126.4904
=1,709.028

Current CPI (Jun. 2026) = 126.4904.

Alton Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 4,414.596 101.461 5,503.621
201612 4,143.562 101.561 5,160.635
201703 4,006.689 102.851 4,927.610
201706 3,820.744 102.611 4,709.885
201709 3,591.309 103.491 4,389.447
201712 2,407.505 102.991 2,956.830
201803 2,449.764 104.101 2,976.650
201806 2,365.189 104.130 2,873.071
201809 2,339.815 105.651 2,801.351
201812 2,234.297 104.351 2,708.339
201903 2,113.041 104.491 2,557.920
201906 1,973.645 104.881 2,380.292
201909 1,301.033 105.200 1,564.332
201912 1,260.437 105.121 1,516.659
202003 1,291.223 105.354 1,550.269
202006 1,519.566 105.112 1,828.629
202009 1,681.978 106.198 2,003.379
202012 1,711.298 105.765 2,046.631
202103 1,890.057 107.357 2,226.903
202106 2,198.243 107.579 2,584.684
202109 2,192.526 108.759 2,549.977
202112 2,171.691 109.676 2,504.623
202203 2,243.000 111.848 2,536.639
202206 2,301.545 114.072 2,552.095
202209 2,268.543 114.715 2,501.401
202212 2,127.742 115.179 2,336.697
202303 2,215.018 116.507 2,404.813
202306 2,154.077 117.182 2,325.185
202309 2,262.994 118.964 2,406.173
202312 2,063.963 118.837 2,196.886
202403 1,980.295 120.123 2,085.262
202406 2,022.234 120.007 2,131.480
202409 1,858.648 120.861 1,945.216
202412 1,576.809 121.135 1,646.517
202503 1,547.172 122.590 1,596.398
202506 1,649.915 122.611 1,702.117
202509 1,530.429 123.402 1,568.735
202512 1,469.626 123.939 1,499.876
202603 1,590.347 125.236 1,606.276
202606 1,709.028 126.490 1,709.028

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.

What does a Cyclically Adjusted PB Ratio of 0.69 mean?
Alton Co (XKRX:123750) has a Cyclically Adjusted PB Ratio of 0.69 as of Sep. 11, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Alton Co and its competitors. This is 27% below median its historical median of 0.94. Over the past decade, Alton Co's Cyclically Adjusted PB Ratio has ranged from 0.34 to 1.78. According to the industry distribution chart, Alton Co ranks #193 out of 600 companies in the Travel & Leisure industry, placing it in the top 32.2%.
Is Alton Co's Cyclically Adjusted PB Ratio too high?
Alton Co's current Cyclically Adjusted PB Ratio of 0.69 is 27% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.78. The Travel & Leisure industry median Cyclically Adjusted PB Ratio is 1.14. Alton Co's value of 0.69 is 39.5% below this industry median. Based on the distribution chart, Alton Co ranks #193 out of 600 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Alton Co has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Alton Co's Cyclically Adjusted PB Ratio compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Alton Co ranks #193 out of 600 companies for Cyclically Adjusted PB Ratio. This puts Alton Co in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.14. Alton Co's value of 0.69 is 39.5% below this benchmark. Historically, Alton Co's own Cyclically Adjusted PB Ratio has ranged from 0.34 to 1.78 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 1.14, Alton Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Travel & Leisure company?
The median Cyclically Adjusted PB Ratio among Travel & Leisure companies is 1.14, based on 600 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Alton Co's current Cyclically Adjusted PB Ratio of 0.69 is 39.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Alton Co and its competitors. For the Travel & Leisure industry, the median Cyclically Adjusted PB Ratio is 1.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alton Co's current Cyclically Adjusted PB Ratio is 0.69, which is 27% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alton Co stock overvalued right now?
Based on GuruFocus' analysis, Alton Co (XKRX:123750) is currently considered Fairly Valued. The stock's GF Value™ is ₩1,829.97, compared to a current price of ₩1,743.00 — trading 4.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.69, which is 27% below median its 10-year median of 0.94 and 39.5% below the Travel & Leisure industry median of 1.14. Alton Co's overall GF Score™ is 63/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Alton Co (XKRX:123750), the current Cyclically Adjusted PB Ratio is 0.69 as of Sep. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Alton Co (XKRX:123750) Overvalued in 2026?

Based on GuruFocus' analysis, Alton Co stock appears to be undervalued. The current stock price of ₩1,743.00 is trading 4.8% below its estimated GF Value™ of ₩1,829.97. GuruFocus considers Alton Co to be Fairly Valued.

Key valuation signals for XKRX:123750:

  • Cyclically Adjusted PB Ratio: 0.69 (27% below median its 10-year median of 0.94)
  • GF Value™: ₩1,829.97 vs. price of ₩1,743.00 (4.8% below fair value)
  • GF Score™: 63/100 with 5 warning signs
  • Industry Position: 39.5% below the Travel & Leisure median (#193 of 600)

No single metric tells the full story. See the XKRX:123750 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alton Co Business Description

Address 227-13 Bangi-dong, Songpa-gu, Seoul, KOR, 138-836
Alton Co Ltd formerly Alton Sports Co.,Ltd. manufactures and markets bicycles. The company was established in 1994 and merged with Shinyoung Happy Tomorrow SPAC in 2011.
63GF Score

Get the complete analysis for XKRX:123750

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₩1,743.00
Price
₩1,829.97
GF Value