GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Sungho Electronics Corp (XKRX:043260) » Definitions » Cyclically Adjusted PB Ratio

Sungho Electronics (XKRX:043260) Cyclically Adjusted PB Ratio : 1.17 (As of May. 16, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Sungho Electronics Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Sungho Electronics's current share price is ₩1983.00. Sungho Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩1,702.01. Sungho Electronics's Cyclically Adjusted PB Ratio for today is 1.17.

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

XKRX:043260' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 0.7   Max: 1.31
Current: 1.17

During the past years, Sungho Electronics's highest Cyclically Adjusted PB Ratio was 1.31. The lowest was 0.24. And the median was 0.70.

XKRX:043260's Cyclically Adjusted PB Ratio is ranked better than
63.41% of 1864 companies
in the Hardware industry
Industry Median: 1.645 vs XKRX:043260: 1.17

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.

Sungho Electronics's adjusted book value per share data for the three months ended in Dec. 2023 was ₩2,085.770. 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 ₩1,702.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sungho Electronics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sungho Electronics'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.

Sungho Electronics Cyclically Adjusted PB Ratio Chart

Sungho Electronics 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 0.49 0.95 1.00 0.71 0.82

Sungho Electronics 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 0.71 0.67 0.99 0.96 0.82

Competitive Comparison of Sungho Electronics's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Sungho Electronics'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.


Sungho Electronics's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Sungho Electronics 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.

Sungho Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1983.00/1702.01
=1.17

* 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.

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

For example, Sungho Electronics'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)
=2085.77/118.8477*118.8477
=2,085.770

Current CPI (Dec. 2023) = 118.8477.

Sungho Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,646.621 99.253 1,971.700
201406 1,595.518 99.353 1,908.585
201409 1,634.219 99.608 1,949.875
201412 1,572.810 99.098 1,886.263
201503 1,520.745 99.720 1,812.445
201506 1,512.931 100.050 1,797.185
201509 1,537.298 100.110 1,825.036
201512 1,478.698 100.220 1,753.541
201603 1,451.867 100.560 1,715.901
201606 1,437.675 100.790 1,695.251
201609 1,365.778 101.460 1,599.838
201612 1,437.021 101.560 1,681.633
201703 1,354.878 102.850 1,565.621
201706 1,388.524 102.610 1,608.253
201709 1,418.748 103.490 1,629.287
201712 1,370.591 102.990 1,581.625
201803 1,420.045 104.100 1,621.221
201806 1,376.065 104.130 1,570.558
201809 1,322.322 105.650 1,487.505
201812 1,398.056 104.350 1,592.293
201903 1,346.667 104.490 1,531.709
201906 1,337.603 104.880 1,515.742
201909 1,328.642 105.200 1,501.008
201912 1,178.686 105.120 1,332.611
202003 1,209.178 105.540 1,361.645
202006 1,324.930 104.870 1,501.525
202009 1,327.945 106.200 1,486.094
202012 1,403.517 105.765 1,577.120
202103 1,424.601 107.357 1,577.077
202106 1,468.065 107.579 1,621.848
202109 1,772.748 108.759 1,937.188
202112 1,761.943 109.676 1,909.279
202203 1,756.840 111.806 1,867.492
202206 1,746.137 114.083 1,819.068
202209 1,774.919 114.831 1,837.000
202212 1,685.176 115.200 1,738.532
202303 1,802.753 116.550 1,838.299
202306 1,882.917 117.140 1,910.368
202309 1,881.484 119.111 1,877.322
202312 2,085.770 118.848 2,085.770

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.


Sungho Electronics  (XKRX:043260) 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.


Sungho Electronics Cyclically Adjusted PB Ratio Related Terms

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


Sungho Electronics (XKRX:043260) Business Description

Traded in Other Exchanges
N/A
Address
459-6 Gasan-dong, Keum-Cheon, Seoul, KOR, 153-803
Sungho Electronics Corp is a Korea-based company engaged in the manufacturing of electrical devices. It operates its business through three divisions: capacitor division, which provides various types of film capacitors, including metalized polyester film capacitors, metalized polypropylene film capacitors, polyphenylene and foil film capacitors and polyester film capacitors used for display equipment; switched-mode power supply (SMPS) division, which provides SMPSs for set-top boxes, printers, personal computers (PCs), adapters and others; automation equipment division, which provides automation equipment for film capacitors manufacturing.

Sungho Electronics (XKRX:043260) Headlines

No Headlines