GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Daewoo Engineering & Construction Co Ltd (XKRX:047040) » Definitions » Cyclically Adjusted PB Ratio

Daewoo Engineeringnstruction Co (XKRX:047040) Cyclically Adjusted PB Ratio : 0.48 (As of Jun. 05, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Daewoo Engineeringnstruction Co Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Daewoo Engineeringnstruction Co's current share price is ₩3665.00. Daewoo Engineeringnstruction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩7,676.20. Daewoo Engineeringnstruction Co's Cyclically Adjusted PB Ratio for today is 0.48.

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

XKRX:047040' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.34   Med: 0.64   Max: 1.25
Current: 0.48

During the past years, Daewoo Engineeringnstruction Co's highest Cyclically Adjusted PB Ratio was 1.25. The lowest was 0.34. And the median was 0.64.

XKRX:047040's Cyclically Adjusted PB Ratio is ranked better than
79.1% of 1239 companies
in the Construction industry
Industry Median: 1.13 vs XKRX:047040: 0.48

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.

Daewoo Engineeringnstruction Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩9,969.694. 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 ₩7,676.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daewoo Engineeringnstruction Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Daewoo 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.

Daewoo Engineeringnstruction Co Cyclically Adjusted PB Ratio Chart

Daewoo 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 0.64 0.71 0.81 0.57 0.54

Daewoo 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 0.54 0.54 0.55 0.54 0.48

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

For the Engineering & Construction subindustry, Daewoo 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.


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

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

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



Daewoo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3665.00/7676.2
=0.48

* 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.

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

For example, Daewoo 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)
=9969.694/118.8477*118.8477
=9,969.694

Current CPI (Mar. 2024) = 118.8477.

Daewoo Engineeringnstruction Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 6,414.739 99.353 7,673.417
201409 6,445.665 99.608 7,690.672
201412 6,400.067 99.098 7,675.566
201503 6,281.059 99.720 7,485.855
201506 6,486.995 100.050 7,705.791
201509 6,671.227 100.110 7,919.888
201512 6,657.657 100.220 7,895.103
201603 6,651.725 100.560 7,861.398
201606 6,604.917 100.790 7,788.265
201609 6,470.109 101.460 7,578.923
201612 4,944.478 101.560 5,786.135
201703 5,309.331 102.850 6,135.166
201706 5,655.200 102.610 6,550.117
201709 5,897.745 103.490 6,772.958
201712 5,457.941 102.990 6,298.318
201803 5,156.528 104.100 5,887.046
201806 5,408.440 104.130 6,172.867
201809 5,547.553 105.650 6,240.548
201812 5,553.622 104.350 6,325.206
201903 5,717.054 104.490 6,502.620
201906 5,941.389 104.880 6,732.651
201909 6,124.236 105.200 6,918.739
201912 5,983.847 105.120 6,765.282
202003 6,259.422 105.540 7,048.682
202006 6,352.481 104.870 7,199.178
202009 6,437.895 106.200 7,204.605
202012 6,508.941 105.765 7,314.043
202103 6,961.473 107.357 7,706.563
202106 7,281.629 107.579 8,044.396
202109 7,575.759 108.759 8,278.486
202112 7,817.008 109.676 8,470.678
202203 8,246.545 111.806 8,765.940
202206 8,467.446 114.083 8,821.106
202209 9,073.140 114.831 9,390.487
202212 9,040.122 115.200 9,326.353
202303 9,395.491 116.550 9,580.749
202306 9,656.744 117.140 9,797.531
202309 9,942.178 119.111 9,920.184
202312 9,846.798 118.848 9,846.798
202403 9,969.694 118.848 9,969.694

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.


Daewoo Engineeringnstruction Co  (XKRX:047040) 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.


Daewoo Engineeringnstruction Co Cyclically Adjusted PB Ratio Related Terms

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


Daewoo Engineeringnstruction Co (XKRX:047040) Business Description

Traded in Other Exchanges
N/A
Address
Sinmunno 1-ga, Daewoo E&C 57, Jongno-gu, Seoul, KOR, 110-713
Daewoo Engineering & Construction Co Ltd develops complex structures and buildings for various end markets. It operates four business divisions: Civil Project, Building Works, Plants, and Housing. The company constructs roads, bridges, railways, offices, factories, apartments, and various power plants. It works in various stages of the construction process and will partner with developers to meet clients' needs. Many of the projects are highly technical with a lot of moving components, so planning and acquiring the right resources becomes an important part of the process. The majority of revenue is derived from Korea, but it will take orders for projects outside the country.

Daewoo Engineeringnstruction Co (XKRX:047040) Headlines

No Headlines