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KX Hitech Co (XKRX:052900) Cyclically Adjusted Book per Share : ₩1,644.58 (As of Mar. 2024)


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What is KX Hitech 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.

KX Hitech Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩2,139.015. 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 ₩1,644.58 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KX Hitech Co's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.60% 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 KX Hitech Co was -0.10% per year. The lowest was -7.20% per year. And the median was -6.00% per year.

As of today (2024-06-09), KX Hitech Co's current stock price is ₩1260.00. KX Hitech Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩1,644.58. KX Hitech Co's Cyclically Adjusted PB Ratio of today is 0.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KX Hitech Co was 1.44. The lowest was 0.39. And the median was 0.75.


KX Hitech Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for KX Hitech 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.

KX Hitech Co Cyclically Adjusted Book per Share Chart

KX Hitech 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 1,780.79 1,616.87 1,517.59 1,560.57 1,612.60

KX Hitech 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 1,565.88 1,557.15 1,576.25 1,612.60 1,644.58

Competitive Comparison of KX Hitech Co's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, KX Hitech 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.


KX Hitech Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, KX Hitech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KX Hitech 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, KX Hitech 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)
=2139.015/118.8477*118.8477
=2,139.015

Current CPI (Mar. 2024) = 118.8477.

KX Hitech Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 952.243 99.353 1,139.089
201409 1,055.699 99.608 1,259.612
201412 1,021.880 99.098 1,225.535
201503 1,040.133 99.720 1,239.645
201506 1,018.498 100.050 1,209.857
201509 1,047.986 100.110 1,244.139
201512 1,049.756 100.220 1,244.872
201603 1,100.394 100.560 1,300.510
201606 1,107.400 100.790 1,305.804
201609 1,110.976 101.460 1,301.369
201612 1,127.962 101.560 1,319.965
201703 1,123.736 102.850 1,298.526
201706 1,147.169 102.610 1,328.705
201709 1,163.071 103.490 1,335.668
201712 1,125.900 102.990 1,299.258
201803 1,139.345 104.100 1,300.754
201806 1,434.390 104.130 1,637.126
201809 1,455.333 105.650 1,637.132
201812 1,422.763 104.350 1,620.432
201903 1,431.677 104.490 1,628.400
201906 1,464.612 104.880 1,659.666
201909 1,487.993 105.200 1,681.032
201912 1,380.121 105.120 1,560.352
202003 1,403.229 105.540 1,580.164
202006 1,465.727 104.870 1,661.088
202009 1,507.126 106.200 1,686.614
202012 1,655.205 105.765 1,859.940
202103 1,642.297 107.357 1,818.073
202106 1,888.829 107.579 2,086.688
202109 1,989.636 108.759 2,174.195
202112 1,997.767 109.676 2,164.823
202203 2,122.126 111.806 2,255.785
202206 1,887.755 114.083 1,966.601
202209 2,013.740 114.831 2,084.174
202212 2,045.570 115.200 2,110.337
202303 2,127.621 116.550 2,169.573
202306 2,060.297 117.140 2,090.334
202309 2,039.490 119.111 2,034.978
202312 2,123.299 118.848 2,123.299
202403 2,139.015 118.848 2,139.015

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


KX Hitech Co  (XKRX:052900) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1260.00/1644.58
=0.77

* 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 KX Hitech Co was 1.44. The lowest was 0.39. And the median was 0.75.


Be Aware

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


KX Hitech Co Cyclically Adjusted Book per Share Related Terms

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


KX Hitech Co (XKRX:052900) Business Description

Industry
Traded in Other Exchanges
N/A
Address
330 Yunam-yulgumlo, Eunbong-myeon, South Chungcheong Province, Cheonan, KOR, 336-864
KX Hitech Co Ltd is a South Korea based company engages in the manufacture of semiconductor and liquid crystal display equipment. It operates through the following business divisions: Semiconductor Process Material, Solid State Drive, and Others.

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