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Incon Co (XKRX:083640) Cyclically Adjusted PB Ratio : 0.21 (As of May. 31, 2024)


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What is Incon Co Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Incon Co's current share price is ₩437.00. Incon Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩2,116.99. Incon Co's Cyclically Adjusted PB Ratio for today is 0.21.

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

XKRX:083640' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.47   Max: 9.88
Current: 0.21

During the past years, Incon Co's highest Cyclically Adjusted PB Ratio was 9.88. The lowest was 0.21. And the median was 1.47.

XKRX:083640's Cyclically Adjusted PB Ratio is ranked better than
95.2% of 667 companies
in the Business Services industry
Industry Median: 1.61 vs XKRX:083640: 0.21

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.

Incon Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩1,087.347. 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 ₩2,116.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Incon Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Incon 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.

Incon Co Cyclically Adjusted PB Ratio Chart

Incon 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 2.21 1.80 0.86 0.52 0.26

Incon 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 0.42 0.31 0.23 0.26 0.24

Competitive Comparison of Incon Co's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Incon 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.


Incon Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Incon Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Incon 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=437.00/2116.99
=0.21

* 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.

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

For example, Incon 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)
=1087.347/118.8477*118.8477
=1,087.347

Current CPI (Mar. 2024) = 118.8477.

Incon Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.353 0.000
201409 0.000 99.608 0.000
201412 1,655.880 99.098 1,985.888
201503 0.000 99.720 0.000
201506 1,828.676 100.050 2,172.253
201509 1,886.225 100.110 2,239.272
201512 1,907.930 100.220 2,262.553
201603 1,888.393 100.560 2,231.813
201606 1,874.723 100.790 2,210.601
201609 1,845.600 101.460 2,161.890
201612 1,876.064 101.560 2,195.411
201703 1,841.166 102.850 2,127.548
201706 1,896.993 102.610 2,197.186
201709 1,917.813 103.490 2,202.412
201712 1,918.363 102.990 2,213.739
201803 1,964.178 104.100 2,242.440
201806 1,915.211 104.130 2,185.906
201809 360.729 105.650 405.791
201812 1,967.976 104.350 2,241.394
201903 1,908.680 104.490 2,170.947
201906 1,997.909 104.880 2,263.986
201909 1,988.274 105.200 2,246.215
201912 1,812.747 105.120 2,049.475
202003 1,534.730 105.540 1,728.246
202006 1,668.829 104.870 1,891.260
202009 5,271.180 106.200 5,898.942
202012 1,981.537 105.765 2,226.637
202103 2,017.900 107.357 2,233.877
202106 1,981.887 107.579 2,189.494
202109 1,991.566 108.759 2,176.304
202112 2,043.324 109.676 2,214.190
202203 2,154.334 111.806 2,290.021
202206 2,120.839 114.083 2,209.420
202209 1,951.682 114.831 2,019.945
202212 1,870.103 115.200 1,929.315
202303 1,874.821 116.550 1,911.788
202306 1,598.745 117.140 1,622.053
202309 1,618.374 119.111 1,614.794
202312 1,078.320 118.848 1,078.320
202403 1,087.347 118.848 1,087.347

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.


Incon Co  (XKRX:083640) 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.


Incon Co Cyclically Adjusted PB Ratio Related Terms

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


Incon Co (XKRX:083640) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Mario Tower, 7th Floor, 28, Digital-ro 30-gil, Guro-gu, Seoul, KOR, 08389
Incon Co is engaged in manufacturing of video surveillance systems in South Korea. It produces and sells products including security cameras, NVR, AHD camera, network video recorder, network IP camera, video server, software storage, and POS equipment.

Incon Co (XKRX:083640) Headlines

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