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Daehan Flour Mills Co (XKRX:001130) Cyclically Adjusted Book per Share : ₩520,776.00 (As of Mar. 2024)


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What is Daehan Flour Mills 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.

Daehan Flour Mills Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩610,191.431. 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 ₩520,776.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daehan Flour Mills Co's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 Daehan Flour Mills Co was 6.90% per year. The lowest was 4.10% per year. And the median was 4.90% per year.

As of today (2024-06-09), Daehan Flour Mills Co's current stock price is ₩135500.00. Daehan Flour Mills Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩520,776.00. Daehan Flour Mills Co's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daehan Flour Mills Co was 0.60. The lowest was 0.23. And the median was 0.38.


Daehan Flour Mills Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daehan Flour Mills 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.

Daehan Flour Mills Co Cyclically Adjusted Book per Share Chart

Daehan Flour Mills 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 409,093.00 423,098.00 453,405.00 486,860.00 516,593.00

Daehan Flour Mills 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 495,867.00 501,905.00 513,788.00 516,593.00 520,776.00

Competitive Comparison of Daehan Flour Mills Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Daehan Flour Mills 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.


Daehan Flour Mills Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Daehan Flour Mills Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daehan Flour Mills 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, Daehan Flour Mills 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)
=610191.431/118.8477*118.8477
=610,191.431

Current CPI (Mar. 2024) = 118.8477.

Daehan Flour Mills Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 371,896.710 99.353 444,868.989
201409 379,894.733 99.608 453,272.983
201412 378,785.416 99.098 454,275.318
201503 389,912.432 99.720 464,703.126
201506 388,705.237 100.050 461,736.366
201509 396,103.140 100.110 470,242.205
201512 398,324.127 100.220 472,359.872
201603 397,488.758 100.560 469,775.504
201606 398,869.511 100.790 470,331.620
201609 401,682.031 101.460 470,520.259
201612 402,922.622 101.560 471,508.733
201703 415,260.986 102.850 479,852.339
201706 423,095.554 102.610 490,049.054
201709 427,466.215 103.490 490,901.309
201712 431,801.346 102.990 498,287.182
201803 436,631.061 104.100 498,487.967
201806 458,196.549 104.130 522,957.899
201809 465,084.113 105.650 523,181.989
201812 455,261.460 104.350 518,512.481
201903 460,074.402 104.490 523,292.033
201906 461,540.440 104.880 523,007.435
201909 462,654.560 105.200 522,675.193
201912 461,852.089 105.120 522,165.701
202003 460,155.027 105.540 518,176.678
202006 471,568.225 104.870 534,421.655
202009 474,208.158 106.200 530,683.135
202012 474,228.576 105.765 532,886.705
202103 478,065.769 107.357 529,233.410
202106 532,302.123 107.579 588,061.966
202109 538,736.325 108.759 588,709.490
202112 534,607.733 109.676 579,312.409
202203 534,099.242 111.806 567,738.583
202206 542,895.030 114.083 565,570.144
202209 545,678.140 114.831 564,764.066
202212 558,186.656 115.200 575,860.113
202303 561,098.601 116.550 572,162.223
202306 569,980.825 117.140 578,290.660
202309 575,783.832 119.111 574,510.072
202312 603,518.408 118.848 603,518.408
202403 610,191.431 118.848 610,191.431

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


Daehan Flour Mills Co  (XKRX:001130) 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.

Daehan Flour Mills Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=135500.00/520776
=0.26

* 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 Daehan Flour Mills Co was 0.60. The lowest was 0.23. And the median was 0.38.


Be Aware

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


Daehan Flour Mills Co Cyclically Adjusted Book per Share Related Terms

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


Daehan Flour Mills Co (XKRX:001130) Business Description

Traded in Other Exchanges
N/A
Address
14th Floor KCCI Building, 45 Namdaemunno 4-ga, Jung-gu, Seoul, KOR
Daehan Flour Mills Co Ltd is a Korea-based company mainly engaged in the flour milling industry. It offers products such as flour, premix, pasta, noodle, edible oil, seasoning and starch under the brand name Gompyo. The company distributes its products within domestic market and to overseas markets. In addition, it is also engaged in feed for livestock, warehousing, and import of wine business.

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