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Doosan Tesna (XKRX:131970) Cyclically Adjusted PB Ratio : (As of Sep. 21, 2024)


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What is Doosan Tesna Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Doosan Tesna Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Doosan Tesna'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.

Doosan Tesna Cyclically Adjusted PB Ratio Chart

Doosan Tesna 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 - - - 2.86 5.18

Doosan Tesna Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.00 4.05 5.18 4.26 -

Competitive Comparison of Doosan Tesna's Cyclically Adjusted PB Ratio

For the Semiconductor Equipment & Materials subindustry, Doosan Tesna'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.


Doosan Tesna's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Doosan Tesna's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Doosan Tesna 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.

Doosan Tesna's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Doosan Tesna's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=25385.821/*
=

Current CPI (Jun. 2024) = .

Doosan Tesna Quarterly Data

Book Value per Share CPI Adj_Book
201409 4,622.518 99.608 0.000
201412 4,654.507 99.098 0.000
201503 4,562.848 99.720 0.000
201506 4,466.993 100.050 0.000
201509 4,400.091 100.110 0.000
201512 4,295.014 100.220 0.000
201603 4,268.246 100.560 0.000
201606 4,252.312 100.790 0.000
201609 4,292.947 101.460 0.000
201612 4,383.089 101.560 0.000
201703 4,473.575 102.850 0.000
201706 4,639.076 102.610 0.000
201709 4,774.628 103.490 0.000
201712 5,021.406 102.990 0.000
201803 5,261.960 104.100 0.000
201806 5,531.368 104.130 0.000
201809 5,807.450 105.650 0.000
201812 6,104.502 104.350 0.000
201903 6,431.983 104.490 0.000
201906 6,921.433 104.880 0.000
201909 7,168.108 105.200 0.000
201912 12,034.232 105.120 0.000
202003 12,192.722 105.540 0.000
202006 13,034.290 104.870 0.000
202009 13,717.995 106.200 0.000
202012 15,177.735 105.765 0.000
202103 15,377.959 107.357 0.000
202106 15,744.952 107.579 0.000
202109 16,651.643 108.759 0.000
202112 17,807.397 109.676 0.000
202203 18,308.165 111.806 0.000
202206 18,618.567 114.083 0.000
202209 19,234.257 114.831 0.000
202212 21,039.860 115.200 0.000
202303 21,270.015 116.550 0.000
202306 22,409.749 117.140 0.000
202309 23,485.185 119.111 0.000
202312 23,790.014 118.848 0.000
202403 23,994.520 118.848 0.000
202406 25,385.821 0.000

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.


Doosan Tesna  (XKRX:131970) 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.


Doosan Tesna Cyclically Adjusted PB Ratio Related Terms

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Doosan Tesna Business Description

Traded in Other Exchanges
N/A
Address
72, Road16, Sandanro, Gyeonggi-do, Pyeongtaek-si,, KOR, 459-040
Doosan Tesna Inc provides semiconductor testing services. It provides total test service ranging from test program development to probe, final test, and backend service. It provides test services for various semiconductors used in mobile devices, automobiles, appliances, industrial goods, and security.

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