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Haesung Industry Co (XKRX:034810) Cyclically Adjusted Book per Share : ₩21,876.00 (As of Mar. 2024)


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What is Haesung Industry 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.

Haesung Industry Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩25,208.578. 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 ₩21,876.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Haesung Industry Co's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.90% 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 Haesung Industry Co was 12.00% per year. The lowest was 2.00% per year. And the median was 7.70% per year.

As of today (2024-06-05), Haesung Industry Co's current stock price is ₩7500.00. Haesung Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩21,876.00. Haesung Industry Co's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Haesung Industry Co was 1.26. The lowest was 0.34. And the median was 0.78.


Haesung Industry Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Haesung Industry 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.

Haesung Industry Co Cyclically Adjusted Book per Share Chart

Haesung Industry 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 14,237.60 15,396.30 17,501.10 19,931.40 21,643.50

Haesung Industry 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 20,473.60 20,874.80 21,469.60 21,643.50 21,876.00

Competitive Comparison of Haesung Industry Co's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Haesung Industry 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.


Haesung Industry Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Haesung Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Haesung Industry 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, Haesung Industry 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)
=25208.578/118.8477*118.8477
=25,208.578

Current CPI (Mar. 2024) = 118.8477.

Haesung Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 13,453.154 99.353 16,092.885
201409 13,573.290 99.608 16,195.027
201412 13,652.335 99.098 16,373.172
201503 13,673.680 99.720 16,296.484
201506 13,830.628 100.050 16,429.169
201509 13,920.734 100.110 16,526.293
201512 13,913.316 100.220 16,499.357
201603 13,965.785 100.560 16,505.583
201606 14,231.490 100.790 16,781.227
201609 14,370.756 101.460 16,833.543
201612 14,429.822 101.560 16,886.089
201703 14,369.046 102.850 16,604.065
201706 14,457.654 102.610 16,745.531
201709 14,585.905 103.490 16,750.423
201712 14,631.504 102.990 16,884.364
201803 14,533.599 104.100 16,592.553
201806 14,514.583 104.130 16,566.069
201809 14,561.421 105.650 16,380.420
201812 14,564.590 104.350 16,588.098
201903 14,455.867 104.490 16,442.210
201906 14,529.670 104.880 16,464.701
201909 14,563.029 105.200 16,452.305
201912 14,265.498 105.120 16,128.440
202003 14,171.641 105.540 15,958.565
202006 14,323.604 104.870 16,232.739
202009 33,920.755 106.200 37,960.487
202012 34,772.173 105.765 39,073.201
202103 29,070.473 107.357 32,181.902
202106 29,575.421 107.579 32,673.513
202109 29,648.756 108.759 32,398.974
202112 28,585.112 109.676 30,975.441
202203 29,882.768 111.806 31,764.884
202206 30,201.207 114.083 31,462.622
202209 30,476.685 114.831 31,542.654
202212 30,169.347 115.200 31,124.577
202303 27,524.179 116.550 28,066.895
202306 27,506.790 117.140 27,907.816
202309 25,604.445 119.111 25,547.802
202312 24,940.444 118.848 24,940.444
202403 25,208.578 118.848 25,208.578

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


Haesung Industry Co  (XKRX:034810) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7500.00/21876
=0.34

* 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 Haesung Industry Co was 1.26. The lowest was 0.34. And the median was 0.78.


Be Aware

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


Haesung Industry Co Cyclically Adjusted Book per Share Related Terms

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


Haesung Industry Co (XKRX:034810) Business Description

Industry
Traded in Other Exchanges
Address
504 Teheran-ro, GangNam-Gu, Seoul, KOR, 135-283
Haesung Industry Co Ltd is involved in the real estate rental business in South Korea. It operates, maintains and leases office buildings, mechanical facilities and operates parking lots.

Haesung Industry Co (XKRX:034810) Headlines

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