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Harim Holdings Co (XKRX:003380) Cyclically Adjusted PB Ratio : 0.06 (As of Jun. 10, 2024)


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What is Harim Holdings Co Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Harim Holdings Co's current share price is ₩6140.00. Harim Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ₩101,918.00. Harim Holdings Co's Cyclically Adjusted PB Ratio for today is 0.06.

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

XKRX:003380' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 0.08
Current: 0.06

During the past 13 years, Harim Holdings Co's highest Cyclically Adjusted PB Ratio was 0.08. The lowest was 0.03. And the median was 0.05.

XKRX:003380's Cyclically Adjusted PB Ratio is ranked better than
98.46% of 1365 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs XKRX:003380: 0.06

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.

Harim Holdings Co's adjusted book value per share data of for the fiscal year that ended in Dec23 was ₩28,682.832. 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 ₩101,918.00 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harim Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Harim Holdings 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.

Harim Holdings Co Cyclically Adjusted PB Ratio Chart

Harim Holdings 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 - 0.03 0.04 0.05 0.08

Harim Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 0.08 -

Competitive Comparison of Harim Holdings Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Harim Holdings 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.


Harim Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Harim Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Harim Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6140.00/101918
=0.06

* 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.

Harim Holdings Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Harim Holdings Co's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=28682.832/118.8477*118.8477
=28,682.832

Current CPI (Dec23) = 118.8477.

Harim Holdings Co Annual Data

Book Value per Share CPI Adj_Book
201412 666,351.061 99.098 799,151.254
201512 16,144.809 100.220 19,145.614
201612 11,430.105 101.560 13,375.755
201712 19,050.022 102.990 21,983.215
201812 22,178.396 104.350 25,259.716
201912 23,092.576 105.120 26,108.253
202012 22,431.472 105.765 25,206.058
202112 27,846.047 109.676 30,174.574
202212 29,168.617 115.200 30,092.162
202312 28,682.832 118.848 28,682.832

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.


Harim Holdings Co  (XKRX:003380) 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.


Harim Holdings Co Cyclically Adjusted PB Ratio Related Terms

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


Harim Holdings Co (XKRX:003380) Business Description

Traded in Other Exchanges
N/A
Address
121, Jungang-ro, Jeollabuk-do, Iksan-si, KOR
Harim Holdings Co Ltd produces, processes, and distributes food and agricultural products. It is also engaged in grain distribution, shipping, feed manufacturing, livestock, slaughtering, food manufacturing, distribution and sale.

Harim Holdings Co (XKRX:003380) Headlines

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