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E-MART (XKRX:139480) Cyclically Adjusted PB Ratio : 0.18 (As of Apr. 28, 2024)


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What is E-MART Cyclically Adjusted PB Ratio?

As of today (2024-04-28), E-MART's current share price is ₩63100.00. E-MART's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩352,591.00. E-MART's Cyclically Adjusted PB Ratio for today is 0.18.

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

XKRX:139480' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.32   Max: 0.63
Current: 0.18

During the past years, E-MART's highest Cyclically Adjusted PB Ratio was 0.63. The lowest was 0.17. And the median was 0.32.

XKRX:139480's Cyclically Adjusted PB Ratio is ranked better than
95.39% of 217 companies
in the Retail - Defensive industry
Industry Median: 1.58 vs XKRX:139480: 0.18

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.

E-MART's adjusted book value per share data for the three months ended in Dec. 2023 was ₩427,551.945. 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 ₩352,591.00 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


E-MART Cyclically Adjusted PB Ratio Historical Data

The historical data trend for E-MART'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.

E-MART Cyclically Adjusted PB Ratio Chart

E-MART 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 - - 0.51 0.30 0.22

E-MART 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 0.30 0.31 0.23 0.20 0.22

Competitive Comparison of E-MART's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, E-MART'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.


E-MART's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, E-MART's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where E-MART's Cyclically Adjusted PB Ratio falls into.



E-MART 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.

E-MART's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=63100.00/352591
=0.18

* 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.

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

For example, E-MART'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)
=427551.945/118.8477*118.8477
=427,551.945

Current CPI (Dec. 2023) = 118.8477.

E-MART Quarterly Data

Book Value per Share CPI Adj_Book
201403 236,616.496 99.253 283,329.736
201406 239,578.446 99.353 286,587.695
201409 245,365.945 99.608 292,759.399
201412 247,910.301 99.098 297,317.495
201503 242,645.108 99.720 289,187.856
201506 249,605.298 100.050 296,501.905
201509 250,657.105 100.110 297,572.874
201512 250,717.839 100.220 297,318.285
201603 255,738.331 100.560 302,246.544
201606 264,028.577 100.790 311,332.365
201609 270,754.602 101.460 317,155.152
201612 276,203.064 101.560 323,218.776
201703 275,871.831 102.850 318,782.038
201706 278,708.244 102.610 322,812.920
201709 289,937.250 103.490 332,963.333
201712 295,779.918 102.990 341,322.099
201803 295,273.106 104.100 337,104.030
201806 292,975.986 104.130 334,385.116
201809 298,952.333 105.650 336,297.181
201812 293,290.903 104.350 334,038.805
201903 305,674.063 104.490 347,675.944
201906 318,802.267 104.880 361,259.689
201909 323,533.939 105.200 365,506.317
201912 326,680.597 105.120 369,342.062
202003 316,505.797 105.540 356,414.497
202006 328,494.324 104.870 372,278.010
202009 337,167.221 106.200 377,321.551
202012 336,508.413 105.765 378,131.704
202103 333,018.906 107.357 368,662.102
202106 337,169.596 107.579 372,488.869
202109 369,461.338 108.759 403,732.560
202112 369,201.821 109.676 400,075.014
202203 398,359.486 111.806 423,449.487
202206 400,106.392 114.083 416,817.649
202209 406,956.618 114.831 421,190.547
202212 418,372.624 115.200 431,619.252
202303 415,027.202 116.550 423,210.619
202306 413,062.763 117.140 419,084.866
202309 416,520.134 119.111 415,598.700
202312 427,551.945 118.848 427,551.945

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.


E-MART  (XKRX:139480) 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.


E-MART Cyclically Adjusted PB Ratio Related Terms

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


E-MART (XKRX:139480) Business Description

Traded in Other Exchanges
N/A
Address
DdukSum-Ro 377, SungDong-Gu, Seoul, KOR, 133-120
E-MART Inc. is a hypermarket retail company in Korea. The company mainly operates its businesses through seven divisions: domestic hypermarket, tourism hotel, food, supermarket, resort, overseas hypermarket, and bakery. It operates around148 branch locations in Korea (including Emart Traders) and approximately 16 branches in China under management. In addition, by 2023, it plans to expand presence throughout the projected 200 store locations of more, while penetrating into overseas markets in Vietnam and Mongolia.

E-MART (XKRX:139480) Headlines

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