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Smart Solutions Co (XKRX:136510) Cyclically Adjusted PB Ratio : 9.59 (As of Jun. 22, 2024)


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What is Smart Solutions Co Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Smart Solutions Co's current share price is ₩11600.00. Smart Solutions Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩1,209.32. Smart Solutions Co's Cyclically Adjusted PB Ratio for today is 9.59.

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

XKRX:136510' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.66   Med: 8.92   Max: 36.79
Current: 9.59

During the past years, Smart Solutions Co's highest Cyclically Adjusted PB Ratio was 36.79. The lowest was 4.66. And the median was 8.92.

XKRX:136510's Cyclically Adjusted PB Ratio is not ranked
in the Semiconductors industry.
Industry Median: 2.585 vs XKRX:136510: 9.59

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.

Smart Solutions Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩136.033. 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 ₩1,209.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smart Solutions Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Smart Solutions 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.

Smart Solutions Co Cyclically Adjusted PB Ratio Chart

Smart Solutions Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 18.46 8.73

Smart Solutions Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 8.73 8.92 9.16 9.30 9.59

Competitive Comparison of Smart Solutions Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Smart Solutions 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.


Smart Solutions Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Smart Solutions 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11600.00/1209.32
=9.59

* 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.

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

For example, Smart Solutions 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)
=136.033/118.8477*118.8477
=136.033

Current CPI (Mar. 2024) = 118.8477.

Smart Solutions Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.253 0.000
201406 1,246.196 99.353 1,490.720
201409 1,241.837 99.608 1,481.703
201412 1,239.526 99.098 1,486.557
201503 1,223.983 99.720 1,458.760
201506 1,220.449 100.050 1,449.751
201509 1,201.788 100.110 1,426.728
201512 1,251.005 100.220 1,483.527
201603 1,166.950 100.560 1,379.170
201606 1,209.985 100.790 1,426.768
201609 1,153.909 101.460 1,351.660
201612 1,416.126 101.560 1,657.181
201703 1,426.243 102.850 1,648.087
201706 1,531.395 102.610 1,773.733
201709 1,599.504 103.490 1,836.867
201712 1,540.404 102.990 1,777.585
201803 1,478.602 104.100 1,688.073
201806 1,567.598 104.130 1,789.162
201809 1,647.873 105.650 1,853.724
201812 1,567.269 104.350 1,785.015
201903 1,486.841 104.490 1,691.144
201906 1,425.839 104.880 1,615.729
201909 1,367.236 105.200 1,544.609
201912 1,273.953 105.120 1,440.319
202003 1,217.237 105.540 1,370.720
202006 1,066.967 104.870 1,209.179
202009 969.602 106.200 1,085.075
202012 794.276 105.765 892.521
202103 758.550 107.357 839.738
202106 782.404 107.579 864.363
202109 1,329.824 108.759 1,453.178
202112 1,517.562 109.676 1,644.463
202203 1,393.371 111.806 1,481.130
202206 785.716 114.083 818.533
202209 212.662 114.831 220.100
202212 -629.116 115.200 -649.035
202303 -205.378 116.550 -209.428
202306 -238.733 117.140 -242.214
202309 -288.176 119.111 -287.538
202403 136.033 118.848 136.033

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.


Smart Solutions Co  (XKRX:136510) 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.


Smart Solutions Co Cyclically Adjusted PB Ratio Related Terms

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


Smart Solutions Co (XKRX:136510) Business Description

Traded in Other Exchanges
N/A
Address
94, Saneop-ro, Gwonseon-gu, Gyeonggi-do, Suwon-si, KOR, 441-813
Smart Solutions Co Ltd manufactures LED processing equipment, electronic communication devices, etc. The company's products are specialized in plasma analysis and glass inspection. Its products include EGIS-CRACK, EGIS, OWI, Smart TS WBG, Smart EV, and Smart-EPD.

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