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Hyundai Engineeringnstruction Co (XKRX:000720) Cyclically Adjusted PB Ratio : 0.50 (As of Jun. 05, 2024)


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What is Hyundai Engineeringnstruction Co Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Hyundai Engineeringnstruction Co's current share price is ₩33200.00. Hyundai Engineeringnstruction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩66,195.50. Hyundai Engineeringnstruction Co's Cyclically Adjusted PB Ratio for today is 0.50.

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

XKRX:000720' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.83   Max: 1.58
Current: 0.5

During the past years, Hyundai Engineeringnstruction Co's highest Cyclically Adjusted PB Ratio was 1.58. The lowest was 0.43. And the median was 0.83.

XKRX:000720's Cyclically Adjusted PB Ratio is ranked better than
78.63% of 1245 companies
in the Construction industry
Industry Median: 1.13 vs XKRX:000720: 0.50

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.

Hyundai Engineeringnstruction Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩73,561.292. 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 ₩66,195.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hyundai Engineeringnstruction Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hyundai Engineeringnstruction 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.

Hyundai Engineeringnstruction Co Cyclically Adjusted PB Ratio Chart

Hyundai Engineeringnstruction 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 0.85 0.71 0.78 0.57 0.53

Hyundai Engineeringnstruction 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 0.58 0.60 0.55 0.53 0.50

Competitive Comparison of Hyundai Engineeringnstruction Co's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Hyundai Engineeringnstruction 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.


Hyundai Engineeringnstruction Co's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Hyundai Engineeringnstruction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hyundai Engineeringnstruction 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.

Hyundai Engineeringnstruction Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33200.00/66195.5
=0.50

* 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.

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

For example, Hyundai Engineeringnstruction 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)
=73561.292/118.8477*118.8477
=73,561.292

Current CPI (Mar. 2024) = 118.8477.

Hyundai Engineeringnstruction Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 46,526.473 99.353 55,655.736
201409 47,653.463 99.608 56,857.928
201412 48,839.002 99.098 58,572.353
201503 48,893.338 99.720 58,271.769
201506 49,833.493 100.050 59,196.362
201509 51,153.111 100.110 60,727.496
201512 52,222.081 100.220 61,928.499
201603 52,518.730 100.560 62,069.712
201606 53,883.837 100.790 63,537.753
201609 53,644.395 101.460 62,837.699
201612 56,781.039 101.560 66,446.395
201703 55,496.694 102.850 64,128.872
201706 57,353.766 102.610 66,429.814
201709 58,174.106 103.490 66,807.022
201712 58,024.781 102.990 66,959.042
201803 55,536.637 104.100 63,404.434
201806 57,219.622 104.130 65,307.025
201809 57,232.300 105.650 64,381.706
201812 56,288.188 104.350 64,108.497
201903 57,509.487 104.490 65,411.717
201906 59,036.517 104.880 66,898.877
201909 60,978.761 105.200 68,889.596
201912 59,773.559 105.120 67,579.433
202003 60,546.176 105.540 68,180.536
202006 60,604.603 104.870 68,682.346
202009 60,641.506 106.200 67,863.498
202012 59,497.178 105.765 66,856.484
202103 60,640.034 107.357 67,130.370
202106 60,985.088 107.579 67,373.413
202109 62,618.921 108.759 68,427.450
202112 64,153.225 109.676 69,517.811
202203 65,100.836 111.806 69,201.103
202206 67,767.743 114.083 70,598.201
202209 71,946.909 114.831 74,463.362
202212 68,333.812 115.200 70,497.416
202303 69,930.469 116.550 71,309.343
202306 71,359.034 117.140 72,399.388
202309 73,174.228 119.111 73,012.351
202312 72,336.783 118.848 72,336.783
202403 73,561.292 118.848 73,561.292

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.


Hyundai Engineeringnstruction Co  (XKRX:000720) 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.


Hyundai Engineeringnstruction Co Cyclically Adjusted PB Ratio Related Terms

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Hyundai Engineeringnstruction Co (XKRX:000720) Business Description

Traded in Other Exchanges
Address
Hyundai Building 75, Yulgok-ro, Jongno-gu, Seoul, KOR, 110920
Hyundai Engineering & Construction Co Ltd works in the construction industry, and has completed civil, building, plant, and energy projects. It constructs buildings, structures, and infrastructure primarily geared toward transportation, power stations, gas facilities, and real estate. The company operates four business segments: building works, civil works, plant works/electrical works, and other. Procuring materials and delivering timely performance to develop large, complex structures are focuses of the business. The company has a strong sales presence in its home country of Korea, but it derives the majority of its sales from international projects in Asia, Africa, and other regions.

Hyundai Engineeringnstruction Co (XKRX:000720) Headlines

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