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Vessel Co (XKRX:177350) Cyclically Adjusted PB Ratio : 0.52 (As of Jun. 09, 2024)


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What is Vessel Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Vessel Co's current share price is ₩407.00. Vessel Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩788.85. Vessel Co's Cyclically Adjusted PB Ratio for today is 0.52.

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

XKRX:177350' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 0.68   Max: 1.24
Current: 0.52

During the past years, Vessel Co's highest Cyclically Adjusted PB Ratio was 1.24. The lowest was 0.52. And the median was 0.68.

XKRX:177350's Cyclically Adjusted PB Ratio is ranked better than
91.44% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs XKRX:177350: 0.52

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.

Vessel Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩277.276. 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 ₩788.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vessel Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vessel 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.

Vessel Co Cyclically Adjusted PB Ratio Chart

Vessel Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Vessel 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 0.69

Competitive Comparison of Vessel Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Vessel 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.


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

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

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



Vessel 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=407.00/788.85
=0.52

* 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.

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

For example, Vessel 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)
=277.276/118.8477*118.8477
=277.276

Current CPI (Mar. 2024) = 118.8477.

Vessel 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 615.984 99.098 738.746
201503 890.063 99.720 1,060.790
201506 803.244 100.050 954.160
201509 864.664 100.110 1,026.504
201512 886.294 100.220 1,051.028
201603 879.215 100.560 1,039.108
201606 890.457 100.790 1,049.993
201609 839.723 101.460 983.630
201612 973.924 101.560 1,139.707
201703 957.838 102.850 1,106.824
201706 1,015.119 102.610 1,175.758
201709 1,084.465 103.490 1,245.397
201712 1,054.735 102.990 1,217.136
201803 814.847 104.100 930.285
201806 845.163 104.130 964.618
201809 883.988 105.650 994.415
201812 751.955 104.350 856.427
201903 709.681 104.490 807.196
201906 599.909 104.880 679.804
201909 595.826 105.200 673.123
201912 480.030 105.120 542.717
202003 512.197 105.540 576.781
202006 438.175 104.870 496.578
202009 508.913 106.200 569.521
202012 455.648 105.765 512.008
202103 453.702 107.357 502.262
202106 367.728 107.579 406.248
202109 340.557 108.759 372.147
202112 840.378 109.676 910.652
202203 819.461 111.806 871.073
202206 799.464 114.083 832.855
202209 779.491 114.831 806.755
202212 651.983 115.200 672.626
202303 604.257 116.550 616.172
202306 499.866 117.140 507.154
202309 476.999 119.111 475.944
202312 332.856 118.848 332.856
202403 277.276 118.848 277.276

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.


Vessel Co  (XKRX:177350) 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.


Vessel Co Cyclically Adjusted PB Ratio Related Terms

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


Vessel Co (XKRX:177350) Business Description

Traded in Other Exchanges
N/A
Address
14-39, Ogeum-gil, Cheongbuk-myeon, Pyeongtaek-si, Gyeonggi-do, Seoul, KOR, 451831
Vessel Co Ltd opertaes in Semiconductor industry. The company manufactures flat panel display equipment and semiconductor equipment.

Vessel Co (XKRX:177350) Headlines

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