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Gradiant (XKRX:035080) Cyclically Adjusted Book per Share : ₩36,274.10 (As of Mar. 2024)


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What is Gradiant 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.

Gradiant's adjusted book value per share for the three months ended in Mar. 2024 was ₩40,043.110. 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 ₩36,274.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gradiant's average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.40% 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 Gradiant was 4.40% per year. The lowest was -2.10% per year. And the median was 0.60% per year.

As of today (2024-05-23), Gradiant's current stock price is ₩15800.00. Gradiant's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩36,274.10. Gradiant's Cyclically Adjusted PB Ratio of today is 0.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Gradiant was 1.40. The lowest was 0.14. And the median was 0.43.


Gradiant Cyclically Adjusted Book per Share Historical Data

The historical data trend for Gradiant'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.

Gradiant Cyclically Adjusted Book per Share Chart

Gradiant 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 36,451.50 35,206.10 34,371.90 35,454.50 36,444.80

Gradiant 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 35,837.70 36,038.10 36,603.80 36,444.80 36,274.10

Competitive Comparison of Gradiant's Cyclically Adjusted Book per Share

For the Internet Retail subindustry, Gradiant'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.


Gradiant's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Gradiant's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Gradiant 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, Gradiant'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)
=40043.11/118.8477*118.8477
=40,043.110

Current CPI (Mar. 2024) = 118.8477.

Gradiant Quarterly Data

Book Value per Share CPI Adj_Book
201406 39,163.987 99.353 46,848.608
201409 39,335.617 99.608 46,933.455
201412 38,808.756 99.098 46,543.133
201503 38,099.601 99.720 45,407.641
201506 39,473.096 100.050 46,889.422
201509 39,724.447 100.110 47,159.716
201512 39,540.531 100.220 46,889.854
201603 39,876.785 100.560 47,128.721
201606 39,742.912 100.790 46,863.317
201609 40,054.295 101.460 46,918.597
201612 33,979.702 101.560 39,763.779
201703 33,852.343 102.850 39,117.872
201706 33,737.574 102.610 39,076.436
201709 34,506.527 103.490 39,627.224
201712 28,122.261 102.990 32,452.336
201803 27,560.110 104.100 31,464.512
201806 27,454.274 104.130 31,334.652
201809 27,897.080 105.650 31,381.957
201812 27,927.381 104.350 31,807.427
201903 28,127.621 104.490 31,992.564
201906 28,178.744 104.880 31,931.530
201909 28,590.088 105.200 32,299.108
201912 28,206.189 105.120 31,889.656
202003 27,978.105 105.540 31,505.907
202006 26,686.851 104.870 30,243.834
202009 20,032.924 106.200 22,418.709
202012 20,012.214 105.765 22,487.558
202103 19,583.755 107.357 21,679.815
202106 19,371.397 107.579 21,400.594
202109 18,580.175 108.759 20,303.671
202112 18,461.145 109.676 20,004.893
202203 17,208.169 111.806 18,291.997
202206 39,786.691 114.083 41,448.463
202209 41,183.001 114.831 42,623.439
202212 40,293.072 115.200 41,568.842
202303 40,356.447 116.550 41,152.187
202306 42,011.139 117.140 42,623.626
202309 41,309.660 119.111 41,218.274
202312 40,226.732 118.848 40,226.732
202403 40,043.110 118.848 40,043.110

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


Gradiant  (XKRX:035080) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15800.00/36274.1
=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 Gradiant was 1.40. The lowest was 0.14. And the median was 0.43.


Be Aware

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


Gradiant Cyclically Adjusted Book per Share Related Terms

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


Gradiant (XKRX:035080) Business Description

Traded in Other Exchanges
N/A
Address
512 Samseong-ro, Gangnam-gu, Seoul, KOR, 135-880
Gradiant Corp operates in the retail domain in Korea. Its principal business comprises managing internet-based shopping sites. The company, through its website, sells a range of products including beauty products, fashion wear, household appliances, and food products.

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