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Dreamtech Co (XKRX:192650) Cyclically Adjusted PB Ratio : 1.42 (As of May. 27, 2024)


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What is Dreamtech Co Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Dreamtech Co's current share price is ₩9380.00. Dreamtech Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ₩6,626.55. Dreamtech Co's Cyclically Adjusted PB Ratio for today is 1.42.

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

XKRX:192650' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.67   Max: 2
Current: 1.42

During the past 13 years, Dreamtech Co's highest Cyclically Adjusted PB Ratio was 2.00. The lowest was 0.09. And the median was 0.67.

XKRX:192650's Cyclically Adjusted PB Ratio is ranked better than
56.64% of 1875 companies
in the Hardware industry
Industry Median: 1.66 vs XKRX:192650: 1.42

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.

Dreamtech Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was ₩6,002.968. 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 ₩6,626.55 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dreamtech Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Dreamtech 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.

Dreamtech Co Cyclically Adjusted PB Ratio Chart

Dreamtech 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 0.18 0.40 0.75 1.25 1.96

Dreamtech 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 - - - 1.96 -

Competitive Comparison of Dreamtech Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Dreamtech 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.


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

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

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



Dreamtech 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9380.00/6626.55
=1.42

* 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.

Dreamtech Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Dreamtech Co's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=6002.968/118.8477*118.8477
=6,002.968

Current CPI (Dec23) = 118.8477.

Dreamtech Co Annual Data

Book Value per Share CPI Adj_Book
201412 11,774.065 99.098 14,120.573
201512 8,494.492 100.220 10,073.347
201612 8,468.129 101.560 9,909.587
201712 1,961.484 102.990 2,263.500
201812 2,800.533 104.350 3,189.621
201912 3,626.498 105.120 4,100.085
202012 4,071.785 105.765 4,575.431
202112 5,262.985 109.676 5,703.083
202212 6,133.094 115.200 6,327.282
202312 6,002.968 118.848 6,002.968

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.


Dreamtech Co  (XKRX:192650) 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.


Dreamtech Co Cyclically Adjusted PB Ratio Related Terms

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


Dreamtech Co (XKRX:192650) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3rd & 4th Floor, Uniquest Building, 314 Hwangsaeul-ro, Bundang, Seongnam, Gyeonggi, KOR, 463-824
Dreamtech Co Ltd is engaged in the development and production of mobile phone modules. It provides customized solutions for OLED display modules, fingerprint sensor modules, automotive LED modules, IT convergence, sensor packages and medical devices.

Dreamtech Co (XKRX:192650) Headlines

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