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Miwon Holdings Co (XKRX:107590) Cyclically Adjusted Book per Share : ₩66,293.70 (As of Mar. 2024)


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What is Miwon Holdings 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.

Miwon Holdings Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩104,817.854. 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 ₩66,293.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Miwon Holdings Co's average Cyclically Adjusted Book Growth Rate was 15.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.50% 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 Miwon Holdings Co was 22.00% per year. The lowest was 19.60% per year. And the median was 20.70% per year.

As of today (2024-05-27), Miwon Holdings Co's current stock price is ₩92500.00. Miwon Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩66,293.70. Miwon Holdings Co's Cyclically Adjusted PB Ratio of today is 1.40.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Miwon Holdings Co was 4.23. The lowest was 1.16. And the median was 1.68.


Miwon Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Miwon Holdings 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.

Miwon Holdings Co Cyclically Adjusted Book per Share Chart

Miwon Holdings 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 31,269.10 37,560.50 46,278.80 54,939.10 64,334.40

Miwon Holdings 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 57,501.90 59,689.10 62,588.40 64,334.40 66,293.70

Competitive Comparison of Miwon Holdings Co's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Miwon Holdings 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.


Miwon Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Miwon Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Miwon Holdings 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, Miwon Holdings 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)
=104817.854/118.8477*118.8477
=104,817.854

Current CPI (Mar. 2024) = 118.8477.

Miwon Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 22,731.783 99.353 27,192.134
201409 23,468.136 99.608 28,001.104
201412 24,195.623 99.098 29,017.681
201503 24,653.150 99.720 29,381.971
201506 25,672.280 100.050 30,495.666
201509 27,315.997 100.110 32,428.763
201512 28,278.570 100.220 33,534.654
201603 29,223.443 100.560 34,537.977
201606 30,793.407 100.790 36,310.404
201609 31,293.786 101.460 36,656.756
201612 33,017.036 101.560 38,637.247
201703 8,596.962 102.850 9,934.168
201706 52,696.308 102.610 61,035.328
201709 53,934.974 103.490 61,938.812
201712 53,644.609 102.990 61,904.441
201803 53,588.641 104.100 61,180.468
201806 55,030.727 104.130 62,808.752
201809 56,355.209 105.650 63,395.049
201812 56,573.557 104.350 64,433.513
201903 58,209.686 104.490 66,208.128
201906 60,156.300 104.880 68,167.791
201909 62,249.378 105.200 70,325.051
201912 62,937.517 105.120 71,156.575
202003 65,789.768 105.540 74,085.300
202006 67,391.610 104.870 76,373.966
202009 69,719.423 106.200 78,022.534
202012 70,127.780 105.765 78,802.003
202103 74,262.252 107.357 82,210.582
202106 81,701.871 107.579 90,260.326
202109 85,977.333 108.759 93,952.588
202112 87,326.946 109.676 94,629.352
202203 90,714.569 111.806 96,428.073
202206 96,018.177 114.083 100,028.571
202209 100,316.311 114.831 103,825.027
202212 95,465.683 115.200 98,488.343
202303 98,020.232 116.550 99,952.974
202306 98,887.158 117.140 100,328.849
202309 100,297.742 119.111 100,075.861
202312 100,782.679 118.848 100,782.679
202403 104,817.854 118.848 104,817.854

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


Miwon Holdings Co  (XKRX:107590) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=92500.00/66293.7
=1.40

* 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 Miwon Holdings Co was 4.23. The lowest was 1.16. And the median was 1.68.


Be Aware

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


Miwon Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Miwon Holdings Co (XKRX:107590) Business Description

Industry
Traded in Other Exchanges
N/A
Address
167, Wangju Industrial Complex 1, Bongdong-eup, Wanju-gun, Jeollabuk-do, KOR, 430-806
Miwon Holdings Co Ltd is engaged in manufacturing basic chemicals.

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