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Welcron Co (XKRX:065950) Cyclically Adjusted Book per Share : ₩2,577.83 (As of Mar. 2024)


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What is Welcron 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.

Welcron Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩2,570.984. 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 ₩2,577.83 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Welcron Co's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.20% 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 Welcron Co was 3.10% per year. The lowest was -1.00% per year. And the median was 1.20% per year.

As of today (2024-06-10), Welcron Co's current stock price is ₩2540.00. Welcron Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩2,577.83. Welcron Co's Cyclically Adjusted PB Ratio of today is 0.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Welcron Co was 3.74. The lowest was 0.99. And the median was 1.49.


Welcron Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Welcron 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.

Welcron Co Cyclically Adjusted Book per Share Chart

Welcron 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 2,411.11 2,356.03 2,360.05 2,501.06 2,581.35

Welcron 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 2,532.09 2,548.44 2,592.11 2,581.35 2,577.83

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

For the Textile Manufacturing subindustry, Welcron 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.


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

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

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



Welcron 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, Welcron 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)
=2570.984/118.8477*118.8477
=2,570.984

Current CPI (Mar. 2024) = 118.8477.

Welcron Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,237.550 99.353 2,676.594
201409 2,216.763 99.608 2,644.940
201412 2,060.117 99.098 2,470.687
201503 2,035.746 99.720 2,426.231
201506 2,031.210 100.050 2,412.840
201509 2,028.345 100.110 2,407.993
201512 2,036.049 100.220 2,414.486
201603 1,973.621 100.560 2,332.541
201606 2,019.356 100.790 2,381.147
201609 1,982.003 101.460 2,321.669
201612 1,949.969 101.560 2,281.896
201703 1,917.836 102.850 2,216.144
201706 1,984.605 102.610 2,298.662
201709 1,998.595 103.490 2,295.182
201712 1,912.011 102.990 2,206.409
201803 1,847.956 104.100 2,109.753
201806 1,835.934 104.130 2,095.424
201809 1,864.117 105.650 2,096.981
201812 2,296.910 104.350 2,616.028
201903 2,286.447 104.490 2,600.622
201906 2,304.258 104.880 2,611.134
201909 2,213.951 105.200 2,501.169
201912 2,182.334 105.120 2,467.327
202003 2,189.881 105.540 2,466.006
202006 2,259.462 104.870 2,560.617
202009 2,330.735 106.200 2,608.310
202012 2,596.422 105.765 2,917.578
202103 2,669.443 107.357 2,955.155
202106 2,751.101 107.579 3,039.285
202109 2,832.925 108.759 3,095.707
202112 2,822.603 109.676 3,058.633
202203 2,751.182 111.806 2,924.461
202206 2,906.368 114.083 3,027.758
202209 2,898.765 114.831 3,000.154
202212 2,793.234 115.200 2,881.674
202303 2,780.453 116.550 2,835.277
202306 2,873.210 117.140 2,915.099
202309 2,805.700 119.111 2,799.493
202312 2,571.164 118.848 2,571.164
202403 2,570.984 118.848 2,570.984

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


Welcron Co  (XKRX:065950) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2540.00/2577.83
=0.99

* 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 Welcron Co was 3.74. The lowest was 0.99. And the median was 1.49.


Be Aware

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


Welcron Co Cyclically Adjusted Book per Share Related Terms

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


Welcron Co (XKRX:065950) Business Description

Traded in Other Exchanges
N/A
Address
212-24, Guro-dong, Guro-gu, SEOUL, KOR, 152-848
Welcron Co Ltd operates in the textile manufacturing industry in South Korea. The company is engaged in manufacturing of textile materials, functional hygiene products, energy products, and petrochemical plants. The product of the company includes microfiber cleaner.

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