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Doosan Enerbility Co (XKRX:034020) Cyclically Adjusted PB Ratio : 0.72 (As of Apr. 27, 2024)


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What is Doosan Enerbility Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Doosan Enerbility Co's current share price is ₩16210.00. Doosan Enerbility Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩22,622.90. Doosan Enerbility Co's Cyclically Adjusted PB Ratio for today is 0.72.

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

XKRX:034020' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.45   Max: 0.91
Current: 0.65

During the past years, Doosan Enerbility Co's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.07. And the median was 0.45.

XKRX:034020's Cyclically Adjusted PB Ratio is ranked better than
83.51% of 1995 companies
in the Industrial Products industry
Industry Median: 1.73 vs XKRX:034020: 0.65

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.

Doosan Enerbility Co's adjusted book value per share data for the three months ended in Dec. 2023 was ₩11,112.818. 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 ₩22,622.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Doosan Enerbility Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Doosan Enerbility 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.

Doosan Enerbility Co Cyclically Adjusted PB Ratio Chart

Doosan Enerbility 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 0.16 0.43 0.75 0.62 0.70

Doosan Enerbility 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 0.62 0.69 0.76 0.70 0.70

Competitive Comparison of Doosan Enerbility Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Doosan Enerbility 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.


Doosan Enerbility Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Doosan Enerbility 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16210.00/22622.9
=0.72

* 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.

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

For example, Doosan Enerbility 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)
=11112.818/118.8477*118.8477
=11,112.818

Current CPI (Dec. 2023) = 118.8477.

Doosan Enerbility Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 37,740.313 99.253 45,191.071
201406 36,373.209 99.353 43,510.234
201409 36,308.024 99.608 43,321.070
201412 36,786.650 99.098 44,118.032
201503 33,818.451 99.720 40,305.306
201506 34,727.249 100.050 41,251.911
201509 34,474.147 100.110 40,926.711
201512 28,147.386 100.220 33,379.087
201603 27,894.611 100.560 32,967.486
201606 27,036.878 100.790 31,880.849
201609 26,169.185 101.460 30,653.927
201612 25,425.555 101.560 29,753.532
201703 23,402.337 102.850 27,042.430
201706 24,257.685 102.610 28,096.385
201709 24,872.228 103.490 28,563.215
201712 24,046.941 102.990 27,749.525
201803 23,734.398 104.100 27,096.817
201806 21,633.152 104.130 24,690.775
201809 21,263.754 105.650 23,920.002
201812 17,866.220 104.350 20,348.435
201903 20,634.661 104.490 23,470.016
201906 14,876.274 104.880 16,857.465
201909 14,331.461 105.200 16,190.696
201912 10,153.136 105.120 11,479.042
202003 8,138.387 105.540 9,164.569
202006 6,837.923 104.870 7,749.322
202009 6,240.143 106.200 6,983.302
202012 8,168.290 105.765 9,178.640
202103 8,307.885 107.357 9,197.082
202106 8,829.460 107.579 9,754.366
202109 10,355.799 108.759 11,316.403
202112 11,666.607 109.676 12,642.186
202203 12,092.241 111.806 12,853.850
202206 12,017.506 114.083 12,519.442
202209 12,593.662 114.831 13,034.145
202212 11,145.627 115.200 11,498.523
202303 11,505.844 116.550 11,732.714
202306 11,600.085 117.140 11,769.204
202309 11,670.893 119.111 11,645.074
202312 11,112.818 118.848 11,112.818

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.


Doosan Enerbility Co  (XKRX:034020) 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.


Doosan Enerbility Co Cyclically Adjusted PB Ratio Related Terms

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Doosan Enerbility Co (XKRX:034020) Business Description

Traded in Other Exchanges
N/A
Address
22 DoosanVolvo-ro, Seongsan-Gu, Gyeongnam, Changwon, KOR, 51711
Doosan Enerbility Co Ltd offers solutions tailored to customers' needs and whose expertise covers all stages, starting from business development, which includes site selection for wind farms, wind analyses, and feasibility studies, to equipment procurement, EPC work, and O&M services.

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