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S&W (XKRX:103230) Cyclically Adjusted PB Ratio : 0.61 (As of Jun. 06, 2024)


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What is S&W Cyclically Adjusted PB Ratio?

As of today (2024-06-06), S&W's current share price is ₩4490.00. S&W's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩7,328.64. S&W's Cyclically Adjusted PB Ratio for today is 0.61.

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

XKRX:103230' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 0.34   Max: 0.82
Current: 0.6

During the past years, S&W's highest Cyclically Adjusted PB Ratio was 0.82. The lowest was 0.20. And the median was 0.34.

XKRX:103230's Cyclically Adjusted PB Ratio is ranked better than
84.88% of 205 companies
in the Aerospace & Defense industry
Industry Median: 2.42 vs XKRX:103230: 0.60

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.

S&W's adjusted book value per share data for the three months ended in Mar. 2024 was ₩6,456.495. 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 ₩7,328.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


S&W Cyclically Adjusted PB Ratio Historical Data

The historical data trend for S&W'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.

S&W Cyclically Adjusted PB Ratio Chart

S&W 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 0.44 0.42 0.34 0.34 0.54

S&W 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 0.50 0.65 0.59 0.54 0.54

Competitive Comparison of S&W's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, S&W'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.


S&W's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, S&W's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where S&W's Cyclically Adjusted PB Ratio falls into.



S&W 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.

S&W's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4490.00/7328.64
=0.61

* 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.

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

For example, S&W'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)
=6456.495/118.8477*118.8477
=6,456.495

Current CPI (Mar. 2024) = 118.8477.

S&W Quarterly Data

Book Value per Share CPI Adj_Book
201406 7,623.867 99.353 9,119.796
201409 7,664.209 99.608 9,144.583
201412 7,659.658 99.098 9,186.187
201503 7,690.774 99.720 9,165.973
201506 7,681.849 100.050 9,125.138
201509 7,977.770 100.110 9,470.978
201512 7,964.466 100.220 9,444.806
201603 8,001.228 100.560 9,456.320
201606 7,999.140 100.790 9,432.279
201609 7,911.961 101.460 9,267.873
201612 7,813.163 101.560 9,143.132
201703 7,650.809 102.850 8,840.846
201706 7,263.713 102.610 8,413.172
201709 7,239.033 103.490 8,313.290
201712 7,283.463 102.990 8,404.921
201803 6,886.625 104.100 7,862.243
201806 6,612.961 104.130 7,547.635
201809 6,415.442 105.650 7,216.853
201812 5,864.304 104.350 6,679.052
201903 5,776.511 104.490 6,570.246
201906 5,671.965 104.880 6,427.345
201909 5,545.133 105.200 6,264.509
201912 5,409.808 105.120 6,116.279
202003 5,199.825 105.540 5,855.479
202006 5,287.839 104.870 5,992.634
202009 5,176.413 106.200 5,792.889
202012 5,522.469 105.765 6,205.552
202103 5,357.543 107.357 5,930.964
202106 5,350.659 107.579 5,911.153
202109 5,192.472 108.759 5,674.126
202112 5,379.951 109.676 5,829.830
202203 5,377.833 111.806 5,716.547
202206 5,687.018 114.083 5,924.548
202209 5,848.263 114.831 6,052.815
202212 5,906.566 115.200 6,093.581
202303 6,046.978 116.550 6,166.211
202306 6,211.847 117.140 6,302.410
202309 6,331.100 119.111 6,317.094
202312 6,309.669 118.848 6,309.669
202403 6,456.495 118.848 6,456.495

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.


S&W  (XKRX:103230) 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.


S&W Cyclically Adjusted PB Ratio Related Terms

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


S&W (XKRX:103230) Business Description

Traded in Other Exchanges
N/A
Address
29, Dadae-ro 170beon-gil, Saha-gu, Busan, KOR, 604-030
S&W Corp is engaged in supplying marine engines components. It offers Diesel engine parts including, camshaft, bolts & nuts; Industrial bolt including, petrochemical & construction; and Forging parts to heavy equipment & industrial machinery.

S&W (XKRX:103230) Headlines

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