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LG Display Co (WBO:LGA) Cyclically Adjusted Book per Share : €11.95 (As of Mar. 2024)


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What is LG Display Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

LG Display Co's adjusted book value per share for the three months ended in Mar. 2024 was €5.484. 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 €11.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LG Display Co's average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of LG Display Co was 4.50% per year. The lowest was 1.60% per year. And the median was 3.30% per year.

As of today (2024-05-25), LG Display Co's current stock price is €3.38. LG Display Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.95. LG Display Co's Cyclically Adjusted PB Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LG Display Co was 1.25. The lowest was 0.29. And the median was 0.65.


LG Display Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for LG Display Co's Cyclically Adjusted Book per Share 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.

LG Display Co Cyclically Adjusted Book per Share Chart

LG Display Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.88 12.38 12.55 13.67 12.69

LG Display 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 Book per Share 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 13.19 13.01 13.05 12.69 11.95

Competitive Comparison of LG Display Co's Cyclically Adjusted Book per Share

For the Consumer Electronics subindustry, LG Display 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.


LG Display Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LG Display Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



LG Display Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, LG Display 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)
=5.484/118.8477*118.8477
=5.484

Current CPI (Mar. 2024) = 118.8477.

LG Display Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.843 99.353 11.774
201409 10.638 99.608 12.693
201412 10.790 99.098 12.940
201503 12.485 99.720 14.880
201506 12.456 100.050 14.796
201509 12.047 100.110 14.302
201512 12.278 100.220 14.560
201603 11.706 100.560 13.835
201606 11.634 100.790 13.718
201609 12.216 101.460 14.310
201612 13.323 101.560 15.591
201703 13.958 102.850 16.129
201706 14.141 102.610 16.379
201709 13.829 103.490 15.881
201712 14.393 102.990 16.609
201803 13.849 104.100 15.811
201806 14.001 104.130 15.980
201809 13.550 105.650 15.243
201812 14.049 104.350 16.001
201903 14.122 104.490 16.062
201906 13.085 104.880 14.828
201909 12.825 105.200 14.489
201912 11.150 105.120 12.606
202003 10.839 105.540 12.206
202006 10.248 104.870 11.614
202009 10.120 106.200 11.325
202012 10.990 105.765 12.349
202103 11.275 107.357 12.482
202106 11.634 107.579 12.853
202109 12.089 108.759 13.210
202112 12.585 109.676 13.637
202203 12.452 111.806 13.236
202206 12.288 114.083 12.801
202209 11.608 114.831 12.014
202212 9.252 115.200 9.545
202303 8.230 116.550 8.392
202306 7.212 117.140 7.317
202309 6.585 119.111 6.570
202312 6.525 118.848 6.525
202403 5.484 118.848 5.484

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


LG Display Co  (WBO:LGA) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

LG Display Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.38/11.95
=0.28

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LG Display Co was 1.25. The lowest was 0.29. And the median was 0.65.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


LG Display Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of LG Display Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


LG Display Co (WBO:LGA) Business Description

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Address
LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336
LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.

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