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Woori Bank (Woori Bank) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is Woori Bank Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Woori Bank Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Woori Bank'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.

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Woori Bank Cyclically Adjusted PB Ratio Chart

Woori Bank Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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Woori Bank Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Woori Bank's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Woori Bank'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.


Woori Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Woori Bank's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Woori Bank 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.

Woori Bank's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec17 is calculated as:

For example, Woori Bank's adjusted Book Value per Share data for the fiscal year that ended in Dec17 was:

Adj_Book=Book Value per Share/CPI of Dec17 (Change)*Current CPI (Dec17)
=83.8/102.9900*102.9900
=83.800

Current CPI (Dec17) = 102.9900.

Woori Bank Annual Data

Book Value per Share CPI Adj_Book
200812 38.840 86.837 46.065
200912 56.189 89.269 64.825
201012 60.807 91.977 68.088
201112 67.708 95.802 72.788
201212 0.000 97.168 0.000
201312 75.000 98.279 78.595
201412 72.674 99.098 75.528
201512 73.081 100.220 75.101
201612 76.781 101.560 77.862
201712 83.800 102.990 83.800

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.


Woori Bank  (NYSE:WF) 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.


Woori Bank Cyclically Adjusted PB Ratio Related Terms

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Woori Bank (Woori Bank) Business Description

Industry
Traded in Other Exchanges
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Address
Woori Bank is a commercial bank domiciled in Korea. The company organises its operations across six segments: consumer banking, corporate banking, investment banking, capital market, credit card, and headquarter and others. The company principally earns revenue from interest income, with most of this is derived from consumer and corporate customers. Consumer and corporate banking together represent the vast majority of revenue, and the bank generates the majority of its revenue domestically. The Korean government is a majority shareholder in Woori Bank.

Woori Bank (Woori Bank) Headlines

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