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Keyeast Co (XKRX:054780) Cyclically Adjusted PB Ratio : 1.73 (As of Apr. 29, 2024)


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What is Keyeast Co Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Keyeast Co's current share price is ₩5740.00. Keyeast Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩3,318.64. Keyeast Co's Cyclically Adjusted PB Ratio for today is 1.73.

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

XKRX:054780' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.73   Med: 5.35   Max: 9.71
Current: 1.73

During the past years, Keyeast Co's highest Cyclically Adjusted PB Ratio was 9.71. The lowest was 1.73. And the median was 5.35.

XKRX:054780's Cyclically Adjusted PB Ratio is ranked worse than
68.24% of 636 companies
in the Media - Diversified industry
Industry Median: 1.11 vs XKRX:054780: 1.73

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.

Keyeast Co's adjusted book value per share data for the three months ended in Dec. 2023 was ₩2,999.124. 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 ₩3,318.64 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Keyeast Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Keyeast 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.

Keyeast Co Cyclically Adjusted PB Ratio Chart

Keyeast 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 4.95 4.49 4.58 3.03 2.23

Keyeast 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 3.03 2.73 2.22 2.12 2.23

Competitive Comparison of Keyeast Co's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, Keyeast 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.


Keyeast Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Keyeast Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Keyeast 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5740.00/3318.64
=1.73

* 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.

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

For example, Keyeast 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)
=2999.124/118.8477*118.8477
=2,999.124

Current CPI (Dec. 2023) = 118.8477.

Keyeast Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,581.933 99.253 1,894.241
201406 1,748.981 99.353 2,092.160
201409 2,746.427 99.608 3,276.911
201412 2,758.126 99.098 3,307.806
201503 2,788.964 99.720 3,323.927
201506 2,740.252 100.050 3,255.099
201509 3,118.564 100.110 3,702.269
201512 3,163.978 100.220 3,752.061
201603 3,202.618 100.560 3,785.042
201606 3,496.583 100.790 4,123.036
201609 3,752.984 101.460 4,396.151
201612 3,269.754 101.560 3,826.337
201703 3,209.562 102.850 3,708.790
201706 3,250.744 102.610 3,765.164
201709 3,291.091 103.490 3,779.482
201712 3,125.962 102.990 3,607.276
201803 3,063.506 104.100 3,497.509
201806 2,811.956 104.130 3,209.397
201809 3,419.562 105.650 3,846.731
201812 3,009.316 104.350 3,427.410
201903 2,978.061 104.490 3,387.269
201906 3,045.767 104.880 3,451.396
201909 3,083.434 105.200 3,483.451
201912 2,551.820 105.120 2,885.064
202003 2,785.830 105.540 3,137.100
202006 2,710.348 104.870 3,071.599
202009 2,671.937 106.200 2,990.147
202012 2,439.565 105.765 2,741.319
202103 2,386.473 107.357 2,641.899
202106 2,492.583 107.579 2,753.687
202109 2,343.413 108.759 2,560.788
202112 2,519.281 109.676 2,729.947
202203 3,318.611 111.806 3,527.628
202206 3,475.070 114.083 3,620.213
202209 3,363.250 114.831 3,480.885
202212 3,023.290 115.200 3,119.014
202303 3,348.350 116.550 3,414.372
202306 3,673.912 117.140 3,727.475
202309 3,453.969 119.111 3,446.328
202312 2,999.124 118.848 2,999.124

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.


Keyeast Co  (XKRX:054780) 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.


Keyeast Co Cyclically Adjusted PB Ratio Related Terms

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


Keyeast Co (XKRX:054780) Business Description

Traded in Other Exchanges
N/A
Address
Kumha Building 16th Floor, 41-2 Cheongdam-dong, Gangnam-gu, Seoul, KOR, 135-502
Keyeast Co., Ltd. is a South Korea based entertainment company. It specializes in contents business including celebrity management, MD/licensing, visual contents planning/production, event/performance. It plays a pioneering role in exploring cultural entertainment contents and diversifying into overseas markets.

Keyeast Co (XKRX:054780) Headlines

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