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Kyung Dong Navien Co (XKRX:009450) Cyclically Adjusted PB Ratio : 2.24 (As of Apr. 28, 2024)


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What is Kyung Dong Navien Co Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Kyung Dong Navien Co's current share price is ₩59900.00. Kyung Dong Navien Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩26,704.70. Kyung Dong Navien Co's Cyclically Adjusted PB Ratio for today is 2.24.

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

XKRX:009450' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.38   Med: 2.58   Max: 4.55
Current: 2.24

During the past years, Kyung Dong Navien Co's highest Cyclically Adjusted PB Ratio was 4.55. The lowest was 1.38. And the median was 2.58.

XKRX:009450's Cyclically Adjusted PB Ratio is ranked worse than
56.21% of 1996 companies
in the Industrial Products industry
Industry Median: 1.72 vs XKRX:009450: 2.24

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.

Kyung Dong Navien Co's adjusted book value per share data for the three months ended in Dec. 2023 was ₩40,448.301. 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 ₩26,704.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kyung Dong Navien Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kyung Dong Navien 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.

Kyung Dong Navien Co Cyclically Adjusted PB Ratio Chart

Kyung Dong Navien 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 2.69 2.79 2.60 1.42 1.77

Kyung Dong Navien Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.42 1.38 2.01 1.66 1.77

Competitive Comparison of Kyung Dong Navien Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Kyung Dong Navien 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.


Kyung Dong Navien Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kyung Dong Navien Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kyung Dong Navien 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.

Kyung Dong Navien Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=59900.00/26704.7
=2.24

* 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.

Kyung Dong Navien Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Kyung Dong Navien Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=40448.301/118.8477*118.8477
=40,448.301

Current CPI (Dec. 2023) = 118.8477.

Kyung Dong Navien Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 14,832.488 99.253 17,760.744
201406 14,902.012 99.353 17,826.033
201409 15,046.834 99.608 17,953.193
201412 14,888.020 99.098 17,855.123
201503 15,031.205 99.720 17,914.402
201506 15,343.628 100.050 18,226.436
201509 15,778.229 100.110 18,731.458
201512 16,150.498 100.220 19,152.360
201603 16,931.196 100.560 20,010.279
201606 17,678.284 100.790 20,845.554
201609 17,831.700 101.460 20,887.606
201612 18,699.327 101.560 21,882.355
201703 18,832.920 102.850 21,762.268
201706 19,308.050 102.610 22,363.486
201709 20,157.921 103.490 23,149.314
201712 20,319.278 102.990 23,447.902
201803 21,080.289 104.100 24,066.704
201806 21,610.474 104.130 24,664.891
201809 21,754.135 105.650 24,471.641
201812 22,169.964 104.350 25,250.112
201903 22,207.845 104.490 25,259.367
201906 22,756.365 104.880 25,787.010
201909 23,498.865 105.200 26,547.396
201912 23,828.877 105.120 26,940.708
202003 24,302.489 105.540 27,366.827
202006 25,233.758 104.870 28,597.064
202009 25,937.820 106.200 29,026.839
202012 25,810.754 105.765 29,003.330
202103 27,378.447 107.357 30,308.777
202106 29,955.585 107.579 33,093.500
202109 31,350.137 108.759 34,258.175
202112 31,164.365 109.676 33,770.375
202203 32,073.393 111.806 34,093.482
202206 34,127.133 114.083 35,552.522
202209 35,362.083 114.831 36,598.926
202212 35,820.118 115.200 36,954.264
202303 37,491.624 116.550 38,230.876
202306 38,208.662 117.140 38,765.712
202309 39,449.887 119.111 39,362.615
202312 40,448.301 118.848 40,448.301

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.


Kyung Dong Navien Co  (XKRX:009450) 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.


Kyung Dong Navien Co Cyclically Adjusted PB Ratio Related Terms

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Kyung Dong Navien Co (XKRX:009450) Business Description

Traded in Other Exchanges
N/A
Address
Gukhoe-daero 76-gil, 2nd-7th floors, 22, Yeongdeungpo-gu, Seoul, KOR
Kyung Dong Navien Co Ltd is one of the leading company in home comfort systems. It is mainly engaged in the manufacturing and distribution of boilers and condensing water heating products. Its product portfolio comprises water heater, air conditioning, home network, zone control system, and climate control. The products are exported to the Europe, China, Russia, North America, South America and Asia Continent Countries.

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