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Pangrim Co (XKRX:003610) Cyclically Adjusted Book per Share : ₩5,413.75 (As of Mar. 2024)


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What is Pangrim 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.

Pangrim Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩5,354.531. 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 ₩5,413.75 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Pangrim Co's average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.00% 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 Pangrim Co was 3.70% per year. The lowest was -0.40% per year. And the median was 2.40% per year.

As of today (2024-06-06), Pangrim Co's current stock price is ₩2400.00. Pangrim Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩5,413.75. Pangrim Co's Cyclically Adjusted PB Ratio of today is 0.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pangrim Co was 1.61. The lowest was 0.27. And the median was 0.46.


Pangrim Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pangrim 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.

Pangrim Co Cyclically Adjusted Book per Share Chart

Pangrim Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,853.42 4,855.43 4,937.77 5,215.44 5,419.28

Pangrim 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 5,297.35 5,325.22 5,419.28 5,408.61 5,413.75

Competitive Comparison of Pangrim Co's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Pangrim 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.


Pangrim Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Pangrim Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pangrim 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, Pangrim 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)
=5354.531/118.8477*118.8477
=5,354.531

Current CPI (Mar. 2024) = 118.8477.

Pangrim Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 4,334.532 99.353 5,185.039
201409 4,278.160 99.608 5,104.504
201412 4,316.265 99.098 5,176.473
201503 4,394.081 99.720 5,236.928
201506 4,433.321 100.050 5,266.267
201509 4,417.474 100.110 5,244.298
201512 4,425.433 100.220 5,247.980
201603 4,473.003 100.560 5,286.457
201606 4,467.106 100.790 5,267.440
201609 4,512.150 101.460 5,285.419
201612 4,597.860 101.560 5,380.515
201703 4,624.339 102.850 5,343.627
201706 4,703.755 102.610 5,448.109
201709 4,737.289 103.490 5,440.293
201712 4,695.983 102.990 5,419.039
201803 4,745.299 104.100 5,417.559
201806 4,769.077 104.130 5,443.137
201809 4,759.397 105.650 5,353.936
201812 4,724.678 104.350 5,381.094
201903 4,779.128 104.490 5,435.816
201906 4,808.091 104.880 5,448.423
201909 4,843.299 105.200 5,471.625
201912 4,823.777 105.120 5,453.718
202003 4,884.524 105.540 5,500.421
202006 4,920.964 104.870 5,576.859
202009 4,943.400 106.200 5,532.125
202012 4,881.881 105.765 5,485.729
202103 5,003.323 107.357 5,538.831
202106 5,103.577 107.579 5,638.188
202109 5,145.170 108.759 5,622.436
202112 5,232.128 109.676 5,669.646
202203 5,286.679 111.806 5,619.652
202206 5,396.332 114.083 5,621.721
202209 5,532.445 114.831 5,725.951
202212 5,331.973 115.200 5,500.795
202303 5,343.528 116.550 5,448.891
202306 5,365.795 117.140 5,444.024
202309 5,300.735 119.111 5,289.009
202312 5,243.583 118.848 5,243.583
202403 5,354.531 118.848 5,354.531

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


Pangrim Co  (XKRX:003610) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2400.00/5413.75
=0.44

* 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 Pangrim Co was 1.61. The lowest was 0.27. And the median was 0.46.


Be Aware

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


Pangrim Co Cyclically Adjusted Book per Share Related Terms

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


Pangrim Co (XKRX:003610) Business Description

Traded in Other Exchanges
N/A
Address
18 Floor KGIT Sangam Center, 1601, Sangam-dong, Mapo-gu, Seoul, KOR
Pangrim Co Ltd is a South Korean company operating in the textile manufacturing industry. The company is engaged in weaving of textiles and manufacturing of textile products.

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