GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Playgram (XKRX:009810) » Definitions » Cyclically Adjusted PB Ratio

Playgram (XKRX:009810) Cyclically Adjusted PB Ratio : 0.76 (As of Jun. 12, 2024)


View and export this data going back to 1988. Start your Free Trial

What is Playgram Cyclically Adjusted PB Ratio?

As of today (2024-06-12), Playgram's current share price is ₩999.00. Playgram's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩1,319.89. Playgram's Cyclically Adjusted PB Ratio for today is 0.76.

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

XKRX:009810' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.59   Max: 1.83
Current: 0.73

During the past years, Playgram's highest Cyclically Adjusted PB Ratio was 1.83. The lowest was 0.30. And the median was 0.59.

XKRX:009810's Cyclically Adjusted PB Ratio is ranked better than
70.63% of 126 companies
in the Industrial Distribution industry
Industry Median: 1.285 vs XKRX:009810: 0.73

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.

Playgram's adjusted book value per share data for the three months ended in Mar. 2024 was ₩414.092. 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 ₩1,319.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Playgram Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Playgram'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.

Playgram Cyclically Adjusted PB Ratio Chart

Playgram 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 0.84 0.32 1.65 0.54 0.41

Playgram 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 0.67 0.55 0.46 0.41 0.44

Competitive Comparison of Playgram's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Playgram'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.


Playgram's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Playgram's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Playgram 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.

Playgram's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=999.00/1319.89
=0.76

* 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.

Playgram's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Playgram's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=414.092/118.8477*118.8477
=414.092

Current CPI (Mar. 2024) = 118.8477.

Playgram Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,767.147 99.353 2,113.890
201409 1,696.387 99.608 2,024.051
201412 1,387.839 99.098 1,664.428
201503 1,476.688 99.720 1,759.938
201506 1,503.029 100.050 1,785.423
201509 1,635.013 100.110 1,941.040
201512 1,929.383 100.220 2,287.994
201603 1,715.674 100.560 2,027.684
201606 1,657.345 100.790 1,954.278
201609 1,815.562 101.460 2,126.704
201612 1,734.359 101.560 2,029.584
201703 1,654.462 102.850 1,911.804
201706 1,652.719 102.610 1,914.256
201709 1,628.630 103.490 1,870.315
201712 1,418.673 102.990 1,637.111
201803 1,389.980 104.100 1,586.897
201806 1,283.336 104.130 1,464.722
201809 1,281.458 105.650 1,441.537
201812 1,050.895 104.350 1,196.899
201903 1,011.461 104.490 1,150.443
201906 1,082.234 104.880 1,226.364
201909 1,000.763 105.200 1,130.593
201912 990.681 105.120 1,120.055
202003 1,010.714 105.540 1,138.156
202006 1,183.269 104.870 1,340.982
202009 1,163.921 106.200 1,302.536
202012 783.037 105.765 879.892
202103 780.653 107.357 864.207
202106 781.813 107.579 863.710
202109 778.250 108.759 850.440
202112 577.326 109.676 625.603
202203 543.108 111.806 577.315
202206 735.044 114.083 765.745
202209 674.493 114.831 698.084
202212 685.080 115.200 706.771
202303 656.915 116.550 669.868
202306 656.338 117.140 665.907
202309 636.857 119.111 635.448
202312 430.680 118.848 430.680
202403 414.092 118.848 414.092

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.


Playgram  (XKRX:009810) 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.


Playgram Cyclically Adjusted PB Ratio Related Terms

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


Playgram (XKRX:009810) Business Description

Traded in Other Exchanges
N/A
Address
159-1 Samsung-Dong, Gangnam-gu, Seoul, KOR, 150-885
Playgram formerly NK Mulsan Co is engaged in the flexible intermediate bulk container (FIBC) business in South Korea. It offers round-rope type, square-rope type, round-belt type, and square-belt type FIBC bags; and mesh, baffle, antistatic, UN, sift proof, and form fit liner bags.

Playgram (XKRX:009810) Headlines

No Headlines