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LG Innotek Co (XKRX:011070) PB Ratio : 1.14 (As of May. 23, 2024)


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What is LG Innotek Co PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-23), LG Innotek Co's share price is ₩234500.00. LG Innotek Co's Book Value per Share for the quarter that ended in Mar. 2024 was ₩204,867.43. Hence, LG Innotek Co's PB Ratio of today is 1.14.

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

XKRX:011070' s PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.5   Max: 2.9
Current: 1.14

During the past 13 years, LG Innotek Co's highest PB Ratio was 2.90. The lowest was 0.88. And the median was 1.50.

XKRX:011070's PB Ratio is ranked better than
72.83% of 2385 companies
in the Hardware industry
Industry Median: 1.88 vs XKRX:011070: 1.14

During the past 12 months, LG Innotek Co's average Book Value Per Share Growth Rate was 13.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 24.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 19.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of LG Innotek Co was 36.20% per year. The lowest was -3.70% per year. And the median was 7.50% per year.

Back to Basics: PB Ratio


LG Innotek Co PB Ratio Historical Data

The historical data trend for LG Innotek Co's 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.

LG Innotek Co PB Ratio Chart

LG Innotek Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.78 2.60 1.40 1.20

LG Innotek Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.50 1.71 1.30 1.20 0.96

Competitive Comparison of LG Innotek Co's PB Ratio

For the Electronic Components subindustry, LG Innotek Co's PB Ratio, along with its competitors' market caps and 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.


LG Innotek Co's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LG Innotek Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where LG Innotek Co's PB Ratio falls into.



LG Innotek Co PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

LG Innotek Co's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=234500.00/204867.427
=1.14

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


LG Innotek Co  (XKRX:011070) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


LG Innotek Co PB Ratio Related Terms

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


LG Innotek Co (XKRX:011070) Business Description

Traded in Other Exchanges
N/A
Address
30, Magokjungang, E1/E3, 10-ro, Gangseo-gu, Seoul, KOR, 07796
LG Innotek Co Ltd is a Korea-based company engaged in the manufacturing of materials and components that focuses on mobile, automotive, LED, display, semiconductor and IoT business fields with its core technologies. The company offers mobile products, including camera modules, wireless power chargers, and optical biosensor modules; and automotive products, such as motors and sensors, connectivity, thermoelectric modules, and LED lighting products. It also provides display products, which include photomasks, power modules, digital tuners, and touch panels; semiconductor products consisting of flip chip scale packages, chip on films, wireless modems, routers, and electronic shelf labels.

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