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Byon Co (XKRX:032980) Cyclically Adjusted Book per Share : ₩1,771.23 (As of Mar. 2024)


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What is Byon 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.

Byon Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩495.141. 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 ₩1,771.23 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Byon Co's average Cyclically Adjusted Book Growth Rate was -9.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -11.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -12.90% 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 Byon Co was -11.50% per year. The lowest was -30.40% per year. And the median was -13.25% per year.

As of today (2024-06-09), Byon Co's current stock price is ₩1026.00. Byon Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩1,771.23. Byon Co's Cyclically Adjusted PB Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Byon Co was 1.71. The lowest was 0.27. And the median was 0.80.


Byon Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Byon 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.

Byon Co Cyclically Adjusted Book per Share Chart

Byon Co Annual Data
Trend Jun14 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 2,864.78 2,659.43 2,319.74 1,977.73 1,845.76

Byon 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 1,965.18 1,940.37 1,909.49 1,845.76 1,771.23

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

For the Conglomerates subindustry, Byon 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.


Byon Co's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

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

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



Byon 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, Byon 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)
=495.141/118.8477*118.8477
=495.141

Current CPI (Mar. 2024) = 118.8477.

Byon Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,875.135 99.253 3,442.749
201406 2,151.739 99.353 2,573.946
201409 2,138.946 99.608 2,552.092
201503 2,047.524 99.720 2,440.268
201506 1,723.724 100.050 2,047.583
201509 1,672.176 100.110 1,985.159
201512 1,817.721 100.220 2,155.577
201603 2,037.392 100.560 2,407.909
201606 1,947.057 100.790 2,295.895
201609 2,043.882 101.460 2,394.152
201612 2,029.855 101.560 2,375.380
201703 2,137.682 102.850 2,470.186
201706 2,068.630 102.610 2,395.984
201709 2,147.275 103.490 2,465.926
201712 1,980.324 102.990 2,285.241
201803 2,277.205 104.100 2,599.813
201806 2,241.004 104.130 2,557.747
201809 2,252.174 105.650 2,533.513
201812 2,000.480 104.350 2,278.413
201903 1,979.315 104.490 2,251.288
201906 1,724.789 104.880 1,954.493
201909 1,700.820 105.200 1,921.469
201912 1,247.446 105.120 1,410.351
202003 1,282.022 105.540 1,443.674
202006 1,186.579 104.870 1,344.733
202009 1,237.318 106.200 1,384.674
202012 1,226.217 105.765 1,377.890
202103 1,218.178 107.357 1,348.560
202106 1,294.512 107.579 1,430.115
202109 1,277.763 108.759 1,396.288
202112 994.353 109.676 1,077.502
202203 965.772 111.806 1,026.600
202206 878.309 114.083 914.993
202209 845.948 114.831 875.536
202212 645.366 115.200 665.800
202303 607.885 116.550 619.871
202306 584.449 117.140 592.970
202309 554.749 119.111 553.522
202312 506.029 118.848 506.029
202403 495.141 118.848 495.141

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


Byon Co  (XKRX:032980) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1026.00/1771.23
=0.58

* 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 Byon Co was 1.71. The lowest was 0.27. And the median was 0.80.


Be Aware

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


Byon Co Cyclically Adjusted Book per Share Related Terms

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


Byon Co (XKRX:032980) Business Description

Industry
Traded in Other Exchanges
N/A
Address
KJ Tower, Bongeunsa-ro 207, 13th Floor, Gangnam-gu, Seoul, KOR
Byon Co Ltd is a South Korea based company engages in the development of cell therapy using stem cell technology and commercialization of myocardial cells. It also manufactures and supplies health food raw materials and processed products, cosmetics, cosmetic containers, and cosmetic auxiliary materials.

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