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FNC Entertainment Co (XKRX:173940) Cyclically Adjusted PB Ratio : 0.68 (As of Jun. 23, 2024)


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What is FNC Entertainment Co Cyclically Adjusted PB Ratio?

As of today (2024-06-23), FNC Entertainment Co's current share price is ₩3350.00. FNC Entertainment Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩4,951.75. FNC Entertainment Co's Cyclically Adjusted PB Ratio for today is 0.68.

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

XKRX:173940' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.66   Med: 0.84   Max: 1
Current: 0.66

During the past years, FNC Entertainment Co's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.66. And the median was 0.84.

XKRX:173940's Cyclically Adjusted PB Ratio is ranked better than
67.71% of 700 companies
in the Media - Diversified industry
Industry Median: 1.1 vs XKRX:173940: 0.66

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.

FNC Entertainment Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩2,271.517. 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 ₩4,951.75 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FNC Entertainment Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FNC Entertainment 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.

FNC Entertainment Co Cyclically Adjusted PB Ratio Chart

FNC Entertainment 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 - - - - 1.00

FNC Entertainment 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 - - - 1.00 0.87

Competitive Comparison of FNC Entertainment Co's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, FNC Entertainment 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.


FNC Entertainment Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, FNC Entertainment Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



FNC Entertainment 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3350.00/4951.75
=0.68

* 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.

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

For example, FNC Entertainment 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)
=2271.517/118.8477*118.8477
=2,271.517

Current CPI (Mar. 2024) = 118.8477.

FNC Entertainment Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.353 0.000
201409 0.000 99.608 0.000
201412 4,431.449 99.098 5,314.613
201503 4,265.728 99.720 5,083.955
201506 4,350.172 100.050 5,167.496
201509 4,270.876 100.110 5,070.261
201512 6,029.416 100.220 7,150.092
201603 5,867.285 100.560 6,934.301
201606 5,752.746 100.790 6,783.417
201609 5,802.985 101.460 6,797.471
201612 5,477.550 101.560 6,409.947
201703 5,291.535 102.850 6,114.601
201706 5,291.246 102.610 6,128.569
201709 5,274.096 103.490 6,056.761
201712 4,882.897 102.990 5,634.732
201803 4,857.943 104.100 5,546.161
201806 5,555.193 104.130 6,340.362
201809 5,160.474 105.650 5,805.116
201812 4,651.665 104.350 5,297.937
201903 4,457.880 104.490 5,070.426
201906 4,619.663 104.880 5,234.900
201909 4,496.704 105.200 5,080.066
201912 4,776.215 105.120 5,399.945
202003 4,789.634 105.540 5,393.566
202006 4,660.441 104.870 5,281.612
202009 4,513.224 106.200 5,050.718
202012 4,228.630 105.765 4,751.676
202103 3,952.327 107.357 4,375.347
202106 3,633.052 107.579 4,013.622
202109 3,673.773 108.759 4,014.552
202112 4,164.684 109.676 4,512.941
202203 3,941.967 111.806 4,190.245
202206 3,841.645 114.083 4,002.099
202209 3,875.979 114.831 4,011.547
202212 3,004.623 115.200 3,099.756
202303 2,970.211 116.550 3,028.777
202306 2,732.893 117.140 2,772.736
202309 2,573.659 119.111 2,567.966
202312 2,406.580 118.848 2,406.580
202403 2,271.517 118.848 2,271.517

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.


FNC Entertainment Co  (XKRX:173940) 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.


FNC Entertainment Co Cyclically Adjusted PB Ratio Related Terms

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FNC Entertainment Co (XKRX:173940) Business Description

Traded in Other Exchanges
N/A
Address
Cheongdam-dong, Gangnam-gu 111, Seoul, KOR
FNC Entertainment Co Ltd operates in entertainment business. It is engaged in management of artists, concert producing, album producing, drama & movie music producing, drama producing, and merchandising.

FNC Entertainment Co (XKRX:173940) Headlines

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