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E Investment&Development Co (XKRX:093230) Cyclically Adjusted PB Ratio : 0.37 (As of Jun. 02, 2024)


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What is E Investment&Development Co Cyclically Adjusted PB Ratio?

As of today (2024-06-02), E Investment&Development Co's current share price is ₩1392.00. E Investment&Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩3,715.30. E Investment&Development Co's Cyclically Adjusted PB Ratio for today is 0.37.

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

XKRX:093230' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.18   Max: 0.71
Current: 0.37

During the past years, E Investment&Development Co's highest Cyclically Adjusted PB Ratio was 0.71. The lowest was 0.08. And the median was 0.18.

XKRX:093230's Cyclically Adjusted PB Ratio is not ranked
in the Hardware industry.
Industry Median: 1.66 vs XKRX:093230: 0.37

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.

E Investment&Development Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₩834.444. 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 ₩3,715.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


E Investment&Development Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for E Investment&Development 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.

E Investment&Development Co Cyclically Adjusted PB Ratio Chart

E Investment&Development 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 0.14 0.30 0.46 0.16 0.35

E Investment&Development 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 0.37 0.31 0.33 0.35 0.37

Competitive Comparison of E Investment&Development Co's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, E Investment&Development 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.


E Investment&Development Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, E Investment&Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where E Investment&Development Co's Cyclically Adjusted PB Ratio falls into.



E Investment&Development 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.

E Investment&Development Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1392.00/3715.3
=0.37

* 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.

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

For example, E Investment&Development 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)
=834.444/118.8477*118.8477
=834.444

Current CPI (Mar. 2024) = 118.8477.

E Investment&Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.353 0.000
201409 6,758.300 99.608 8,063.694
201412 4,278.423 99.098 5,131.090
201503 3,998.705 99.720 4,765.713
201506 3,406.195 100.050 4,046.161
201509 5,452.395 100.110 6,472.926
201512 5,886.378 100.220 6,980.468
201603 5,232.872 100.560 6,184.515
201606 4,551.734 100.790 5,367.230
201609 4,356.366 101.460 5,102.938
201612 3,837.158 101.560 4,490.325
201703 4,957.042 102.850 5,728.080
201706 4,799.326 102.610 5,558.804
201709 5,385.600 103.490 6,184.812
201712 5,595.114 102.990 6,456.612
201803 5,001.941 104.100 5,710.559
201806 4,900.724 104.130 5,593.391
201809 3,958.033 105.650 4,452.467
201812 3,032.371 104.350 3,453.669
201903 2,955.612 104.490 3,361.735
201906 2,373.981 104.880 2,690.143
201909 2,457.142 105.200 2,775.909
201912 2,507.594 105.120 2,835.063
202003 2,497.635 105.540 2,812.566
202006 2,354.208 104.870 2,667.991
202009 2,153.489 106.200 2,409.955
202012 1,988.589 105.765 2,234.561
202103 1,942.024 107.357 2,149.880
202106 2,253.149 107.579 2,489.171
202109 2,377.784 108.759 2,598.347
202112 2,670.917 109.676 2,894.263
202203 2,607.143 111.806 2,771.350
202206 1,890.785 114.083 1,969.757
202209 1,726.821 114.831 1,787.219
202212 1,583.616 115.200 1,633.757
202303 1,421.341 116.550 1,449.367
202306 981.117 117.140 995.421
202309 963.737 119.111 961.605
202312 830.564 118.848 830.564
202403 834.444 118.848 834.444

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.


E Investment&Development Co  (XKRX:093230) 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.


E Investment&Development Co Cyclically Adjusted PB Ratio Related Terms

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


E Investment&Development Co (XKRX:093230) Business Description

Traded in Other Exchanges
N/A
Address
1027 Daecheon-dong, Dalseo-gu, Daegu, KOR, 704-801
E Investment&Development Co Ltd develops & manufactures mobile handsets. The company offers folder type, swing type, semi-automatic slide handsets & monolithic sliding hinge modules.

E Investment&Development Co (XKRX:093230) Headlines

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