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LG Display Co (XKRX:034220) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is LG Display Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


LG Display Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LG Display 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.

LG Display Co Cyclically Adjusted PB Ratio Chart

LG Display 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 0.47 0.54 0.68 0.33 0.34

LG Display 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 0.43 0.41 0.34 0.34 -

Competitive Comparison of LG Display Co's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, LG Display 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.


LG Display Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



LG Display 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.

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

For example, LG Display 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)
=20652.22/118.8477*118.8477
=20,652.220

Current CPI (Mar. 2024) = 118.8477.

LG Display Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 27,249.434 99.353 32,596.223
201409 28,402.357 99.608 33,888.391
201412 29,339.750 99.098 35,187.005
201503 30,075.848 99.720 35,844.819
201506 31,114.811 100.050 36,960.757
201509 32,025.648 100.110 38,019.924
201512 31,294.311 100.220 37,110.925
201603 30,805.786 100.560 36,408.083
201606 30,462.933 100.790 35,920.722
201609 30,393.263 101.460 35,601.906
201612 33,252.735 101.560 38,913.067
201703 33,853.378 102.850 39,119.068
201706 35,935.997 102.610 41,622.752
201709 37,303.630 103.490 42,839.411
201712 36,890.840 102.990 42,571.041
201803 36,541.261 104.100 41,718.010
201806 35,800.306 104.130 40,860.309
201809 35,410.834 105.650 39,834.323
201812 35,878.849 104.350 40,863.619
201903 36,114.416 104.490 41,076.804
201906 34,708.464 104.880 39,330.865
201909 33,731.745 105.200 38,107.798
201912 29,106.372 105.120 32,907.395
202003 29,179.079 105.540 32,858.314
202006 27,858.730 104.870 31,571.908
202009 28,054.997 106.200 31,396.157
202012 29,247.661 105.765 32,865.353
202103 30,342.178 107.357 33,589.718
202106 31,470.846 107.579 34,767.488
202109 33,359.184 108.759 36,453.581
202112 33,670.724 109.676 36,486.319
202203 33,485.232 111.806 35,594.243
202206 33,185.418 114.083 34,571.474
202209 32,098.398 114.831 33,221.088
202212 25,356.856 115.200 26,159.712
202303 23,015.464 116.550 23,469.278
202306 20,273.891 117.140 20,569.467
202309 18,753.048 119.111 18,711.562
202312 18,562.047 118.848 18,562.047
202403 20,652.220 118.848 20,652.220

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.


LG Display Co  (XKRX:034220) 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.


LG Display Co Cyclically Adjusted PB Ratio Related Terms

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


LG Display Co (XKRX:034220) Business Description

Industry
Traded in Other Exchanges
Address
LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336
LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.

LG Display Co (XKRX:034220) Headlines

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