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LX International (XKRX:001120) Cyclically Adjusted Book per Share : ₩45,019.60 (As of Dec. 2023)


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What is LX International 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.

LX International's adjusted book value per share for the three months ended in Dec. 2023 was ₩63,171.936. 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 ₩45,019.60 for the trailing ten years ended in Dec. 2023.

During the past 12 months, LX International's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 LX International was 7.60% per year. The lowest was 4.40% per year. And the median was 5.50% per year.

As of today (2024-05-16), LX International's current stock price is ₩29150.00. LX International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩45,019.60. LX International's Cyclically Adjusted PB Ratio of today is 0.65.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LX International was 1.17. The lowest was 0.23. And the median was 0.72.


LX International Cyclically Adjusted Book per Share Historical Data

The historical data trend for LX International'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.

LX International Cyclically Adjusted Book per Share Chart

LX International 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 34,867.20 36,147.00 38,330.80 41,838.70 45,019.60

LX International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 41,838.70 42,781.20 43,439.70 44,693.30 45,019.60

Competitive Comparison of LX International's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, LX International'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.


LX International's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, LX International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



LX International 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, LX International's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=63171.936/118.8477*118.8477
=63,171.936

Current CPI (Dec. 2023) = 118.8477.

LX International Quarterly Data

Book Value per Share CPI Adj_Book
201403 38,502.673 99.253 46,103.938
201406 36,531.303 99.353 43,699.348
201409 36,617.492 99.608 43,690.313
201412 36,904.810 99.098 44,259.741
201503 36,779.972 99.720 43,834.888
201506 37,111.032 100.050 44,083.566
201509 37,575.069 100.110 44,608.036
201512 31,022.936 100.220 36,789.110
201603 31,359.146 100.560 37,062.076
201606 31,995.780 100.790 37,728.196
201609 30,631.828 101.460 35,881.355
201612 32,305.417 101.560 37,804.495
201703 31,386.292 102.850 36,268.241
201706 32,123.577 102.610 37,207.029
201709 33,133.046 103.490 38,049.921
201712 30,895.396 102.990 35,652.459
201803 28,752.310 104.100 32,825.609
201806 29,811.238 104.130 34,024.749
201809 29,577.600 105.650 33,272.406
201812 29,190.911 104.350 33,246.503
201903 31,693.477 104.490 36,048.396
201906 34,155.708 104.880 38,704.494
201909 34,797.962 105.200 39,312.336
201912 30,302.794 105.120 34,260.059
202003 36,389.931 105.540 40,978.393
202006 37,515.094 104.870 42,515.330
202009 38,554.818 106.200 43,146.435
202012 37,204.777 105.765 41,806.698
202103 39,451.184 107.357 43,673.666
202106 41,571.909 107.579 45,926.660
202109 46,460.892 108.759 50,770.603
202112 49,348.509 109.676 53,475.103
202203 52,317.152 111.806 55,612.260
202206 58,490.987 114.083 60,933.982
202209 66,341.422 114.831 68,661.815
202212 62,866.786 115.200 64,857.291
202303 65,136.836 116.550 66,421.190
202306 66,033.880 117.140 66,996.598
202309 67,566.305 119.111 67,416.834
202312 63,171.936 118.848 63,171.936

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


LX International  (XKRX:001120) 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.

LX International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29150.00/45019.6
=0.65

* 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 LX International was 1.17. The lowest was 0.23. And the median was 0.72.


Be Aware

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


LX International Cyclically Adjusted Book per Share Related Terms

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


LX International (XKRX:001120) Business Description

Industry
Traded in Other Exchanges
N/A
Address
20 Yoido-dong, LG Twin Towers, Youngdungpo-gu, Seoul, KOR, 150-721
LX International Corp is a Korean-based company predominantly engaged in the import and export of goods, and other business activities. The Company operates its business through three segments: Industrials/Solutions, Logistics, and Energy/Palm segment. The industrial material/Solutions segment engages in IT, chemicals, metal material, project, IT, platform, and others. The logistics segment engages in shipping, air transport, land transport, international courier, customs, warehousing, distribution consulting, and others. The Energy/Palm segment engages in the development and sales of coal, the development of metals, Agro & Food, Indonesia palm activities. It operates in Korea, the Americas, Europe, Asia, and Others. The majority of its revenues are derived from Korea and the Asian region.

LX International (XKRX:001120) Headlines

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