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Daesang (XKRX:001680) Cyclically Adjusted Book per Share : ₩31,029.50 (As of Mar. 2024)


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What is Daesang 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.

Daesang's adjusted book value per share for the three months ended in Mar. 2024 was ₩36,615.963. 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 ₩31,029.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daesang's average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.40% 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 Daesang was 10.00% per year. The lowest was 8.30% per year. And the median was 9.10% per year.

As of today (2024-06-05), Daesang's current stock price is ₩23100.00. Daesang's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩31,029.50. Daesang's Cyclically Adjusted PB Ratio of today is 0.74.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daesang was 1.66. The lowest was 0.56. And the median was 1.10.


Daesang Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daesang'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.

Daesang Cyclically Adjusted Book per Share Chart

Daesang 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 21,327.30 23,054.70 25,668.90 28,263.90 30,705.70

Daesang 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 28,995.20 29,539.80 30,429.30 30,705.70 31,029.50

Competitive Comparison of Daesang's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Daesang'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.


Daesang's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Daesang 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, Daesang'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)
=36615.963/118.8477*118.8477
=36,615.963

Current CPI (Mar. 2024) = 118.8477.

Daesang Quarterly Data

Book Value per Share CPI Adj_Book
201406 20,258.437 99.353 24,233.477
201409 20,811.868 99.608 24,831.767
201412 20,997.288 99.098 25,181.935
201503 21,185.513 99.720 25,249.193
201506 21,516.126 100.050 25,558.642
201509 21,957.446 100.110 26,067.246
201512 21,982.032 100.220 26,067.790
201603 22,259.255 100.560 26,307.292
201606 22,912.979 100.790 27,018.106
201609 23,491.611 101.460 27,517.484
201612 23,504.207 101.560 27,505.129
201703 23,416.956 102.850 27,059.323
201706 23,970.968 102.610 27,764.296
201709 24,647.270 103.490 28,304.873
201712 24,143.230 102.990 27,860.640
201803 24,103.716 104.100 27,518.455
201806 25,292.967 104.130 28,867.867
201809 25,691.398 105.650 28,900.744
201812 25,367.396 104.350 28,891.775
201903 25,626.981 104.490 29,148.318
201906 26,736.880 104.880 30,297.642
201909 27,558.619 105.200 31,133.826
201912 27,650.834 105.120 31,261.777
202003 28,679.942 105.540 32,296.240
202006 30,090.669 104.870 34,101.333
202009 30,604.976 106.200 34,249.821
202012 30,045.008 105.765 33,761.326
202103 30,647.254 107.357 33,927.446
202106 31,519.006 107.579 34,820.693
202109 32,607.615 108.759 35,632.296
202112 34,025.301 109.676 36,870.546
202203 34,154.939 111.806 36,306.130
202206 35,258.018 114.083 36,730.641
202209 36,103.887 114.831 37,366.676
202212 36,146.799 115.200 37,291.289
202303 36,206.764 116.550 36,920.681
202306 36,972.208 117.140 37,511.231
202309 37,671.324 119.111 37,587.987
202312 36,640.585 118.848 36,640.585
202403 36,615.963 118.848 36,615.963

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


Daesang  (XKRX:001680) 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.

Daesang's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23100.00/31029.5
=0.74

* 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 Daesang was 1.66. The lowest was 0.56. And the median was 1.10.


Be Aware

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


Daesang Cyclically Adjusted Book per Share Related Terms

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


Daesang (XKRX:001680) Business Description

Traded in Other Exchanges
Address
DaeSang Building 96-48 ShinSul-Dong, DongDaeMoon-Gu, Seoul, KOR, 130-706
Daesang Corp is a part of the packaged foods industry. The company's business relates to the production and distribution of food items such as marinade sauces, canned foods, seasonings, soups and noodles, health foods and beverages. It also sells food ingredients such as corn syrup, crystalline fructose, corn syrup, corn starch, fish paste starch, and others. Its marketing channel comprises of direct sales through stores and sales agencies.

Daesang (XKRX:001680) Headlines

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