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MiraeN Edupartner Co (XKRX:208890) Cyclically Adjusted PB Ratio : 0.35 (As of Jun. 01, 2025)


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What is MiraeN Edupartner Co Cyclically Adjusted PB Ratio?

As of today (2025-06-01), MiraeN Edupartner Co's current share price is ₩1000.00. MiraeN Edupartner Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was ₩2,853.68. MiraeN Edupartner Co's Cyclically Adjusted PB Ratio for today is 0.35.

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

XKRX:208890' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 0.39   Max: 0.46
Current: 0.39

During the past 11 years, MiraeN Edupartner Co's highest Cyclically Adjusted PB Ratio was 0.46. The lowest was 0.27. And the median was 0.39.

XKRX:208890's Cyclically Adjusted PB Ratio is ranked better than
84.14% of 145 companies
in the Education industry
Industry Median: 1.38 vs XKRX:208890: 0.39

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.

MiraeN Edupartner Co's adjusted book value per share data of for the fiscal year that ended in Dec24 was ₩985.392. 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 ₩2,853.68 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


MiraeN Edupartner Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MiraeN Edupartner 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.

MiraeN Edupartner Co Cyclically Adjusted PB Ratio Chart

MiraeN Edupartner Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.40 0.42

MiraeN Edupartner Co Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - 0.40 0.42

Competitive Comparison of MiraeN Edupartner Co's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, MiraeN Edupartner 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.


MiraeN Edupartner Co's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, MiraeN Edupartner Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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MiraeN Edupartner 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1000.00/2853.68
=0.35

* 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.

MiraeN Edupartner Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, MiraeN Edupartner Co's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=985.392/121.1352*121.1352
=985.392

Current CPI (Dec24) = 121.1352.

MiraeN Edupartner Co Annual Data

Book Value per Share CPI Adj_Book
201512 3,423.119 100.220 4,137.483
201612 3,587.122 101.561 4,278.468
201712 3,738.016 102.991 4,396.561
201812 3,948.496 104.351 4,583.600
201912 3,894.238 105.121 4,487.476
202012 2,454.761 105.765 2,811.486
202112 1,160.085 109.676 1,281.289
202212 743.900 115.179 782.368
202312 777.609 118.837 792.647
202412 985.392 121.135 985.392

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.


MiraeN Edupartner Co  (XKRX:208890) 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.


MiraeN Edupartner Co Cyclically Adjusted PB Ratio Related Terms

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


MiraeN Edupartner Co Business Description

Traded in Other Exchanges
N/A
Address
125, Yanghwa Road, 8th Floor, Seogyo-dong, Gyeongnam Tourist Building, Mapo-gu, Ansan-si, KOR
MiraeN Edupartner Co Ltd, formerly Edupartner Co Ltd is engaged in the provision of elementary and secondary education services. The company also offers after school services like computer classes and english classes.

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