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I&C Technology Co (XKRX:052860) Cyclically Adjusted PB Ratio : 0.78 (As of Jun. 09, 2024)


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What is I&C Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), I&C Technology Co's current share price is ₩2535.00. I&C Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩3,239.50. I&C Technology Co's Cyclically Adjusted PB Ratio for today is 0.78.

The historical rank and industry rank for I&C Technology Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

XKRX:052860' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.96   Max: 1.39
Current: 0.78

During the past years, I&C Technology Co's highest Cyclically Adjusted PB Ratio was 1.39. The lowest was 0.54. And the median was 0.96.

XKRX:052860's Cyclically Adjusted PB Ratio is ranked better than
85.2% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs XKRX:052860: 0.78

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.

I&C Technology Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩2,487.281. 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 ₩3,239.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


I&C Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for I&C Technology 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.

I&C Technology Co Cyclically Adjusted PB Ratio Chart

I&C Technology 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 1.16 1.03 1.05 0.68 0.82

I&C Technology 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 0.73 0.83 0.65 0.82 0.84

Competitive Comparison of I&C Technology Co's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, I&C Technology 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.


I&C Technology Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, I&C Technology Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where I&C Technology Co's Cyclically Adjusted PB Ratio falls into.



I&C Technology 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.

I&C Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2535.00/3239.5
=0.78

* 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.

I&C Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, I&C Technology 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)
=2487.281/118.8477*118.8477
=2,487.281

Current CPI (Mar. 2024) = 118.8477.

I&C Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 4,898.328 99.353 5,859.461
201409 4,682.984 99.608 5,587.522
201412 4,162.117 99.098 4,991.605
201503 3,990.205 99.720 4,755.582
201506 3,829.489 100.050 4,548.985
201509 3,606.905 100.110 4,282.013
201512 2,101.664 100.220 2,492.296
201603 2,037.829 100.560 2,408.426
201606 2,072.109 100.790 2,443.351
201609 2,214.324 101.460 2,593.804
201612 2,243.176 101.560 2,625.013
201703 2,195.368 102.850 2,536.844
201706 2,296.591 102.610 2,660.019
201709 2,434.620 103.490 2,795.913
201712 2,698.368 102.990 3,113.844
201803 2,847.054 104.100 3,250.392
201806 2,907.503 104.130 3,318.449
201809 2,992.744 105.650 3,366.595
201812 2,844.382 104.350 3,239.562
201903 3,086.295 104.490 3,510.375
201906 3,458.819 104.880 3,919.457
201909 3,402.119 105.200 3,843.479
201912 3,227.566 105.120 3,649.056
202003 3,203.557 105.540 3,607.498
202006 3,024.843 104.870 3,428.012
202009 3,009.192 106.200 3,367.566
202012 2,766.560 105.765 3,108.760
202103 2,628.743 107.357 2,910.099
202106 2,515.395 107.579 2,778.888
202109 2,448.773 108.759 2,675.921
202112 2,464.613 109.676 2,670.708
202203 2,394.674 111.806 2,545.499
202206 2,482.241 114.083 2,585.917
202209 2,504.771 114.831 2,592.379
202212 2,537.180 115.200 2,617.513
202303 2,556.723 116.550 2,607.136
202306 2,584.484 117.140 2,622.164
202309 2,659.501 119.111 2,653.618
202312 2,528.875 118.848 2,528.875
202403 2,487.281 118.848 2,487.281

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.


I&C Technology Co  (XKRX:052860) 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.


I&C Technology Co Cyclically Adjusted PB Ratio Related Terms

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I&C Technology Co (XKRX:052860) Business Description

Traded in Other Exchanges
N/A
Address
Pangyo-ro 255 beon-gil, I&C Building, 24, Gyeonggi-do, Bundang-gu, Seongnam-si, KOR, 13486
I&C Technology Co Ltd is a Korea based System on Chip (SoC) supplier of wired and wireless communications. It offers solutions such as embedded software development as well as RF and analog design, advanced modem algorithm development and physical layer design. The company also offers IoT solutions relating to Wi-Fi, LTE, PLC for IoT device developers. The organization provides wireless, AMI/AMR, multi-media and lighting control products.

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