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Nara Mold & Die Co (XKRX:051490) Cyclically Adjusted PB Ratio : 0.75 (As of May. 29, 2024)


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What is Nara Mold & Die Co Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Nara Mold & Die Co's current share price is ₩4975.00. Nara Mold & Die Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩6,602.93. Nara Mold & Die Co's Cyclically Adjusted PB Ratio for today is 0.75.

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

XKRX:051490' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.03   Max: 2.37
Current: 0.76

During the past years, Nara Mold & Die Co's highest Cyclically Adjusted PB Ratio was 2.37. The lowest was 0.42. And the median was 1.03.

XKRX:051490's Cyclically Adjusted PB Ratio is ranked better than
80.88% of 2103 companies
in the Industrial Products industry
Industry Median: 1.85 vs XKRX:051490: 0.76

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.

Nara Mold & Die Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩7,470.643. 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 ₩6,602.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nara Mold & Die Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nara Mold & Die 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.

Nara Mold & Die Co Cyclically Adjusted PB Ratio Chart

Nara Mold & Die 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 0.80 2.28 1.69 0.95 0.97

Nara Mold & Die 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 1.27 1.23 0.92 0.97 0.84

Competitive Comparison of Nara Mold & Die Co's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, Nara Mold & Die 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.


Nara Mold & Die Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Nara Mold & Die Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Nara Mold & Die Co's Cyclically Adjusted PB Ratio falls into.



Nara Mold & Die 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.

Nara Mold & Die Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4975.00/6602.93
=0.75

* 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.

Nara Mold & Die Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Nara Mold & Die Co'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)
=7470.643/118.8477*118.8477
=7,470.643

Current CPI (Mar. 2024) = 118.8477.

Nara Mold & Die Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 5,260.949 99.353 6,293.234
201409 5,291.940 99.608 6,314.100
201412 5,365.853 99.098 6,435.239
201503 5,322.526 99.720 6,343.461
201506 5,375.693 100.050 6,385.695
201509 5,449.719 100.110 6,469.749
201512 5,410.267 100.220 6,415.863
201603 5,437.015 100.560 6,425.783
201606 5,409.655 100.790 6,378.858
201609 5,377.846 101.460 6,299.474
201612 5,521.635 101.560 6,461.536
201703 5,508.292 102.850 6,365.074
201706 5,507.473 102.610 6,379.013
201709 5,534.636 103.490 6,355.964
201712 5,590.115 102.990 6,450.843
201803 5,697.995 104.100 6,505.222
201806 5,738.819 104.130 6,549.942
201809 5,730.970 105.650 6,446.877
201812 5,696.912 104.350 6,488.403
201903 5,666.323 104.490 6,444.918
201906 5,637.177 104.880 6,387.924
201909 5,782.918 105.200 6,533.142
201912 5,754.851 105.120 6,506.381
202003 5,827.340 105.540 6,562.118
202006 5,877.484 104.870 6,660.870
202009 5,878.064 106.200 6,578.102
202012 5,781.165 105.765 6,496.247
202103 5,981.379 107.357 6,621.569
202106 6,000.243 107.579 6,628.782
202109 6,164.762 108.759 6,736.605
202112 6,063.784 109.676 6,570.846
202203 6,235.319 111.806 6,628.040
202206 6,450.576 114.083 6,719.997
202209 6,658.938 114.831 6,891.845
202212 6,665.269 115.200 6,876.307
202303 7,008.857 116.550 7,147.056
202306 7,173.297 117.140 7,277.878
202309 7,412.394 119.111 7,395.996
202312 7,217.627 118.848 7,217.627
202403 7,470.643 118.848 7,470.643

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.


Nara Mold & Die Co  (XKRX:051490) 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.


Nara Mold & Die Co Cyclically Adjusted PB Ratio Related Terms

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


Nara Mold & Die Co (XKRX:051490) Business Description

Traded in Other Exchanges
N/A
Address
50-1, Sungju-dong, Gyeongsangnam-do, Changwon-si, KOR, 641-120
Nara Mold & Die Co Ltd is a Korea based company engaged in the business of manufacturing press die and plastic molds. The products offered by the company are for electronic appliances, display, automobiles, and mobile phone. The organization is involved in the business field of High Precision and Large Press Die; Compact Precision and Large Plastic Injection Mold; and Mass production of parts and components. The organization has a business presence in Korea and other countries.

Nara Mold & Die Co (XKRX:051490) Headlines

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