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Leeno Industrial (XKRX:058470) Cyclically Adjusted PB Ratio : 12.60 (As of Jun. 10, 2024)


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What is Leeno Industrial Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Leeno Industrial's current share price is ₩274500.00. Leeno Industrial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩21,790.40. Leeno Industrial's Cyclically Adjusted PB Ratio for today is 12.60.

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

XKRX:058470' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.41   Med: 7.55   Max: 14.32
Current: 12.23

During the past years, Leeno Industrial's highest Cyclically Adjusted PB Ratio was 14.32. The lowest was 4.41. And the median was 7.55.

XKRX:058470's Cyclically Adjusted PB Ratio is ranked worse than
92.15% of 688 companies
in the Semiconductors industry
Industry Median: 2.555 vs XKRX:058470: 12.23

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.

Leeno Industrial's adjusted book value per share data for the three months ended in Mar. 2024 was ₩35,060.697. 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 ₩21,790.40 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Leeno Industrial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Leeno Industrial'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.

Leeno Industrial Cyclically Adjusted PB Ratio Chart

Leeno Industrial 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 5.63 10.38 12.98 8.53 9.56

Leeno Industrial 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 7.55 7.48 7.47 9.56 11.73

Competitive Comparison of Leeno Industrial's Cyclically Adjusted PB Ratio

For the Semiconductors subindustry, Leeno Industrial'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.


Leeno Industrial's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Leeno Industrial's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Leeno Industrial 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.

Leeno Industrial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=274500.00/21790.4
=12.60

* 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.

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

For example, Leeno Industrial'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)
=35060.697/118.8477*118.8477
=35,060.697

Current CPI (Mar. 2024) = 118.8477.

Leeno Industrial Quarterly Data

Book Value per Share CPI Adj_Book
201406 9,686.057 99.353 11,586.621
201409 10,210.143 99.608 12,182.275
201412 10,339.910 99.098 12,400.599
201503 10,138.880 99.720 12,083.660
201506 10,782.022 100.050 12,807.781
201509 11,411.145 100.110 13,546.982
201512 11,791.835 100.220 13,983.561
201603 11,534.608 100.560 13,632.276
201606 12,299.237 100.790 14,502.788
201609 12,771.507 101.460 14,960.223
201612 13,299.084 101.560 15,562.875
201703 12,836.247 102.850 14,832.848
201706 13,829.563 102.610 16,018.047
201709 14,617.407 103.490 16,786.600
201712 15,087.878 102.990 17,411.007
201803 14,855.803 104.100 16,960.404
201806 15,933.248 104.130 18,185.248
201809 16,534.621 105.650 18,600.111
201812 17,357.215 104.350 19,768.712
201903 16,954.818 104.490 19,284.536
201906 17,918.157 104.880 20,304.460
201909 18,854.390 105.200 21,300.389
201912 19,775.755 105.120 22,358.286
202003 19,733.448 105.540 22,221.669
202006 20,786.191 104.870 23,556.699
202009 21,748.970 106.200 24,339.125
202012 22,224.057 105.765 24,972.988
202103 22,334.793 107.357 24,725.298
202106 24,267.845 107.579 26,809.956
202109 26,168.475 108.759 28,595.862
202112 27,518.311 109.676 29,819.432
202203 27,071.377 111.806 28,776.422
202206 29,473.246 114.083 30,704.256
202209 32,018.971 114.831 33,138.883
202212 32,490.963 115.200 33,519.701
202303 30,528.062 116.550 31,130.008
202306 33,077.065 117.140 33,559.300
202309 35,004.568 119.111 34,927.130
202312 36,700.081 118.848 36,700.081
202403 35,060.697 118.848 35,060.697

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.


Leeno Industrial  (XKRX:058470) 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.


Leeno Industrial Cyclically Adjusted PB Ratio Related Terms

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


Leeno Industrial (XKRX:058470) Business Description

Traded in Other Exchanges
N/A
Address
1547-3, Songjung, Kangseo, Pusan, KOR, 618-818
Leeno Industrial Inc is a semiconductor material manufacturer based in Korea. Its business involves the manufacture and marketing of probes used for printed circuit boards testing and integrated circuit test sockets used for semiconductor testing. It sells IC test sockets under the brand name LEENO to domestic and overseas markets.

Leeno Industrial (XKRX:058470) Headlines

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