/term/cyclically-adjusted-pb-ratio/XKRX:155650 YMC Co (XKRX:155650) Cyclically Adjusted PB Ratio
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » YMC Co Ltd (XKRX:155650) » Definitions » Cyclically Adjusted PB Ratio

YMC Co (XKRX:155650) Cyclically Adjusted PB Ratio : 1.01 (As of Jun. 20, 2024)


View and export this data going back to 2012. Start your Free Trial

What is YMC Co Cyclically Adjusted PB Ratio?

As of today (2024-06-20), YMC Co's current share price is ₩4465.00. YMC Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩4,405.79. YMC Co's Cyclically Adjusted PB Ratio for today is 1.01.

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

XKRX:155650' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.01   Med: 1.55   Max: 2.1
Current: 1.01

During the past years, YMC Co's highest Cyclically Adjusted PB Ratio was 2.10. The lowest was 1.01. And the median was 1.55.

XKRX:155650's Cyclically Adjusted PB Ratio is ranked better than
69.51% of 1902 companies
in the Hardware industry
Industry Median: 1.67 vs XKRX:155650: 1.01

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.

YMC Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩6,117.221. 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 ₩4,405.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


YMC Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for YMC 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.

YMC Co Cyclically Adjusted PB Ratio Chart

YMC 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 - - - 1.47 1.32

YMC 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 1.68 1.56 1.35 1.32 1.08

Competitive Comparison of YMC Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, YMC 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.


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

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

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



YMC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4465.00/4405.79
=1.01

* 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.

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

For example, YMC 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)
=6117.221/118.8477*118.8477
=6,117.221

Current CPI (Mar. 2024) = 118.8477.

YMC Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,964.346 99.353 2,349.783
201409 2,019.277 99.608 2,409.309
201412 2,063.226 99.098 2,474.416
201503 2,083.530 99.720 2,483.180
201506 2,119.502 100.050 2,517.721
201509 2,185.422 100.110 2,594.470
201512 2,191.819 100.220 2,599.208
201603 2,232.356 100.560 2,638.329
201606 2,370.841 100.790 2,795.605
201609 2,410.671 101.460 2,823.800
201612 2,667.484 101.560 3,121.547
201703 2,718.951 102.850 3,141.868
201706 3,183.805 102.610 3,687.632
201709 3,396.013 103.490 3,899.974
201712 3,796.603 102.990 4,381.178
201803 3,924.531 104.100 4,480.514
201806 4,175.250 104.130 4,765.378
201809 4,588.353 105.650 5,161.526
201812 4,409.365 104.350 5,021.973
201903 4,312.193 104.490 4,904.720
201906 4,078.587 104.880 4,621.765
201909 4,111.219 105.200 4,644.572
201912 4,193.600 105.120 4,741.245
202003 4,290.708 105.540 4,831.730
202006 4,327.275 104.870 4,904.040
202009 4,431.394 106.200 4,959.143
202012 4,556.725 105.765 5,120.354
202103 4,488.002 107.357 4,968.355
202106 4,627.881 107.579 5,112.662
202109 4,757.282 108.759 5,198.567
202112 4,993.075 109.676 5,410.603
202203 5,036.946 111.806 5,354.190
202206 5,213.465 114.083 5,431.216
202209 5,481.983 114.831 5,673.724
202212 5,904.188 115.200 6,091.128
202303 5,918.076 116.550 6,034.767
202306 6,164.900 117.140 6,254.779
202309 6,306.835 119.111 6,292.883
202312 6,216.700 118.848 6,216.700
202403 6,117.221 118.848 6,117.221

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.


YMC Co  (XKRX:155650) 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.


YMC Co Cyclically Adjusted PB Ratio Related Terms

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


YMC Co (XKRX:155650) Business Description

Industry
Traded in Other Exchanges
N/A
Address
154-25, Asan Valley Jungang-ro, Dunpo-myeon, Chungcheongnam-Do, Asan-si, KOR
YMC Co Ltd Manufacture of electronic components. It is engaged in manufacturing FPD panels for wiring materials and FPD process chambers. It offers columns, bulk packings, preparative LC systems, bio separation products, chiral technologies, and flow reactors; and contract purification services.

YMC Co (XKRX:155650) Headlines

No Headlines