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FutureCore Co (XKRX:151910) Cyclically Adjusted PB Ratio : 0.23 (As of Jun. 04, 2024)


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What is FutureCore Co Cyclically Adjusted PB Ratio?

As of today (2024-06-04), FutureCore Co's current share price is ₩640.00. FutureCore Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩2,800.06. FutureCore Co's Cyclically Adjusted PB Ratio for today is 0.23.

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

XKRX:151910' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.14   Max: 0.78
Current: 0.23

During the past years, FutureCore Co's highest Cyclically Adjusted PB Ratio was 0.78. The lowest was 0.08. And the median was 0.14.

XKRX:151910's Cyclically Adjusted PB Ratio is not ranked
in the Hardware industry.
Industry Median: 1.68 vs XKRX:151910: 0.23

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.

FutureCore Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩191.778. 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 ₩2,800.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FutureCore Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FutureCore 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.

FutureCore Co Cyclically Adjusted PB Ratio Chart

FutureCore 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 - - - 0.13 0.11

FutureCore 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 0.12 0.12 0.11 0.11 0.23

Competitive Comparison of FutureCore Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, FutureCore 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.


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

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

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



FutureCore 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=640.00/2800.06
=0.23

* 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.

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

For example, FutureCore 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)
=191.778/118.8477*118.8477
=191.778

Current CPI (Mar. 2024) = 118.8477.

FutureCore Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 22,248.936 99.353 26,614.545
201409 22,400.301 99.608 26,727.012
201412 23,420.594 99.098 28,088.193
201503 23,331.364 99.720 27,806.648
201506 22,684.542 100.050 26,946.583
201509 23,469.655 100.110 27,862.496
201512 -18,724.558 100.220 -22,204.856
201603 3,825.013 100.560 4,520.624
201606 -17,068.569 100.790 -20,126.602
201609 -20,219.695 101.460 -23,684.844
201612 1,321.083 101.560 1,545.960
201703 302.488 102.850 349.538
201706 243.543 102.610 282.083
201709 385.770 103.490 443.017
201712 314.780 102.990 363.248
201803 289.381 104.100 330.377
201806 262.180 104.130 299.236
201809 222.594 105.650 250.400
201812 263.527 104.350 300.140
201903 219.014 104.490 249.108
201906 156.423 104.880 177.255
201909 221.946 105.200 250.739
201912 259.636 105.120 293.542
202003 283.348 105.540 319.076
202006 272.454 104.870 308.768
202009 253.706 106.200 283.921
202012 249.817 105.765 280.717
202103 238.694 107.357 264.242
202106 243.977 107.579 269.534
202109 250.226 108.759 273.437
202112 217.274 109.676 235.443
202203 274.616 111.806 291.912
202206 218.110 114.083 227.220
202209 271.899 114.831 281.409
202212 216.442 115.200 223.295
202303 234.060 116.550 238.675
202306 222.826 117.140 226.075
202309 214.100 119.111 213.626
202312 188.961 118.848 188.961
202403 191.778 118.848 191.778

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.


FutureCore Co  (XKRX:151910) 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.


FutureCore Co Cyclically Adjusted PB Ratio Related Terms

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


FutureCore Co (XKRX:151910) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4, Madogongdan-ro 2-gil, Mado-myeon, Gyeonggi-do, Hwaseong-si, KOR, 441-813
SBW Life Sciences Co Ltd manufactures electronic components. The company offers optical filters, including IR cutoff filters, blue filters, IR pass filters, IR band pass filters, 2band pass filters, band pass filters, and film filters for imaging. Geographically, the activities are carried out in China.

FutureCore Co (XKRX:151910) Headlines

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