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NVH Korea (XKRX:067570) Cyclically Adjusted Book per Share : ₩5,307.44 (As of Mar. 2024)


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What is NVH Korea 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.

NVH Korea's adjusted book value per share for the three months ended in Mar. 2024 was ₩4,918.278. 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 ₩5,307.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NVH Korea's 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.

As of today (2024-06-07), NVH Korea's current stock price is ₩2625.00. NVH Korea's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩5,307.44. NVH Korea's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of NVH Korea was 0.81. The lowest was 0.46. And the median was 0.54.


NVH Korea Cyclically Adjusted Book per Share Historical Data

The historical data trend for NVH Korea'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.

NVH Korea Cyclically Adjusted Book per Share Chart

NVH Korea 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 - - - 5,188.45 5,322.37

NVH Korea 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 5,243.92 5,276.51 5,350.53 5,322.37 5,307.44

Competitive Comparison of NVH Korea's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, NVH Korea'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.


NVH Korea's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NVH Korea's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NVH Korea 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, NVH Korea'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)
=4918.278/118.8477*118.8477
=4,918.278

Current CPI (Mar. 2024) = 118.8477.

NVH Korea Quarterly Data

Book Value per Share CPI Adj_Book
201406 4,698.984 99.353 5,621.002
201409 4,582.493 99.608 5,467.621
201412 4,539.606 99.098 5,444.325
201503 4,501.520 99.720 5,364.975
201506 4,522.229 100.050 5,371.879
201509 4,639.008 100.110 5,507.296
201512 4,397.081 100.220 5,214.358
201603 4,478.643 100.560 5,293.123
201606 4,636.535 100.790 5,467.224
201609 4,651.631 101.460 5,448.804
201612 5,033.049 101.560 5,889.782
201703 5,004.396 102.850 5,782.800
201706 5,076.881 102.610 5,880.281
201709 5,139.555 103.490 5,902.254
201712 5,187.954 102.990 5,986.760
201803 4,910.090 104.100 5,605.696
201806 4,812.309 104.130 5,492.479
201809 4,480.813 105.650 5,040.552
201812 4,637.055 104.350 5,281.297
201903 4,792.551 104.490 5,451.083
201906 4,911.152 104.880 5,565.209
201909 4,788.979 105.200 5,410.258
201912 4,844.540 105.120 5,477.192
202003 4,347.883 105.540 4,896.114
202006 4,433.301 104.870 5,024.198
202009 4,344.593 106.200 4,862.005
202012 4,439.133 105.765 4,988.217
202103 4,193.713 107.357 4,642.568
202106 4,326.209 107.579 4,779.389
202109 4,501.876 108.759 4,919.470
202112 4,641.166 109.676 5,029.267
202203 4,434.610 111.806 4,713.916
202206 5,352.497 114.083 5,576.055
202209 5,493.123 114.831 5,685.253
202212 4,692.749 115.200 4,841.332
202303 5,047.752 116.550 5,147.282
202306 5,505.782 117.140 5,586.052
202309 4,774.373 119.111 4,763.811
202312 4,958.149 118.848 4,958.149
202403 4,918.278 118.848 4,918.278

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


NVH Korea  (XKRX:067570) 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.

NVH Korea's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2625.00/5307.44
=0.49

* 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 12 years, the highest Cyclically Adjusted PB Ratio of NVH Korea was 0.81. The lowest was 0.46. And the median was 0.54.


Be Aware

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


NVH Korea Cyclically Adjusted Book per Share Related Terms

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


NVH Korea (XKRX:067570) Business Description

Traded in Other Exchanges
N/A
Address
207-14, Modyulhwasaneop-ro, Buk-gu, Ulsan, KOR
NVH Korea Inc is engaged in the development and production of materials and components for the automotive industry. The company mainly manufactures sound insulating and sound absorbing materials. Its product offerings include Isolation dash pad, Tunnel pad, Floor module, Car mat, Sound Absorption Pads, Engine under cover, floor under cover, Insulator Tunnel, Wheel Guard, among others.

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