GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Posco International Corp (XKRX:047050) » Definitions » Cyclically Adjusted PB Ratio

Posco International (XKRX:047050) Cyclically Adjusted PB Ratio : 1.67 (As of Jun. 07, 2024)


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

What is Posco International Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Posco International's current share price is ₩47600.00. Posco International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩28,517.30. Posco International's Cyclically Adjusted PB Ratio for today is 1.67.

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

XKRX:047050' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.45   Med: 0.95   Max: 3.13
Current: 1.51

During the past years, Posco International's highest Cyclically Adjusted PB Ratio was 3.13. The lowest was 0.45. And the median was 0.95.

XKRX:047050's Cyclically Adjusted PB Ratio is ranked worse than
54.84% of 124 companies
in the Industrial Distribution industry
Industry Median: 1.31 vs XKRX:047050: 1.51

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.

Posco International's adjusted book value per share data for the three months ended in Mar. 2024 was ₩36,129.894. 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 ₩28,517.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Posco International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Posco International'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.

Posco International Cyclically Adjusted PB Ratio Chart

Posco International 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 0.87 0.65 0.93 0.86 2.21

Posco International 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 0.83 1.46 2.55 2.21 1.86

Competitive Comparison of Posco International's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Posco International'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.


Posco International's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Posco International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Posco International's Cyclically Adjusted PB Ratio falls into.



Posco International 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.

Posco International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47600.00/28517.3
=1.67

* 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.

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

For example, Posco International'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)
=36129.894/118.8477*118.8477
=36,129.894

Current CPI (Mar. 2024) = 118.8477.

Posco International Quarterly Data

Book Value per Share CPI Adj_Book
201406 20,111.249 99.353 24,057.408
201409 20,400.151 99.608 24,340.525
201412 20,886.585 99.098 25,049.169
201503 21,120.603 99.720 25,171.832
201506 21,710.760 100.050 25,789.844
201509 21,926.517 100.110 26,030.528
201512 21,442.119 100.220 25,427.525
201603 21,488.723 100.560 25,396.632
201606 21,970.504 100.790 25,906.775
201609 21,959.083 101.460 25,722.319
201612 22,092.769 101.560 25,853.434
201703 22,430.910 102.850 25,919.903
201706 22,730.829 102.610 26,327.909
201709 22,883.608 103.490 26,279.488
201712 22,774.127 102.990 26,280.732
201803 22,922.131 104.100 26,169.477
201806 23,518.534 104.130 26,842.636
201809 23,571.783 105.650 26,516.348
201812 23,402.263 104.350 26,653.619
201903 23,495.677 104.490 26,724.157
201906 24,544.126 104.880 27,812.862
201909 24,875.961 105.200 28,103.144
201912 24,702.972 105.120 27,928.952
202003 24,723.359 105.540 27,840.765
202006 25,536.623 104.870 28,940.297
202009 25,908.281 106.200 28,993.782
202012 25,597.537 105.765 28,763.739
202103 25,722.528 107.357 28,475.624
202106 26,663.243 107.579 29,456.278
202109 27,530.568 108.759 30,084.303
202112 28,258.573 109.676 30,621.596
202203 28,678.222 111.806 30,484.472
202206 30,868.405 114.083 32,157.687
202209 32,668.622 114.831 33,811.257
202212 32,287.815 115.200 33,310.121
202303 33,781.294 116.550 34,447.386
202306 35,085.932 117.140 35,597.455
202309 35,482.300 119.111 35,403.805
202312 35,869.026 118.848 35,869.026
202403 36,129.894 118.848 36,129.894

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.


Posco International  (XKRX:047050) 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.


Posco International Cyclically Adjusted PB Ratio Related Terms

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


Posco International (XKRX:047050) Business Description

Traded in Other Exchanges
N/A
Address
165, Convensia-daero, Yeonsu-gu, Incheon, KOR, 21998
Posco International Corp is engaged in the trading of various products across globe. The company provides steel products, automobiles and components, machinery and industrial electronics, petrochemicals, non- ferrous metals, food resources, commodity and textile among others.

Posco International (XKRX:047050) Headlines

No Headlines