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LG Display Co (LG Display Co) Cyclically Adjusted Book per Share : $13.73 (As of Sep. 2023)


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What is LG Display 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.

LG Display Co's adjusted book value per share for the three months ended in Sep. 2023 was $7.028. 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 $13.73 for the trailing ten years ended in Sep. 2023.

During the past 12 months, LG Display Co's average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.50% 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 LG Display Co was 4.50% per year. The lowest was 1.60% per year. And the median was 3.60% per year.

As of today (2024-04-28), LG Display Co's current stock price is $3.95. LG Display Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $13.73. LG Display Co's Cyclically Adjusted PB Ratio of today is 0.29.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LG Display Co was 1.25. The lowest was 0.28. And the median was 0.65.


LG Display Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for LG Display 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.

LG Display Co Cyclically Adjusted Book per Share Chart

LG Display 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 14.32 15.16 14.26 14.57 -

LG Display Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.57 14.28 14.09 13.73 -

Competitive Comparison of LG Display Co's Cyclically Adjusted Book per Share

For the Consumer Electronics subindustry, LG Display 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.


LG Display Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, LG Display Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



LG Display 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, LG Display Co's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=7.028/119.1112*119.1112
=7.028

Current CPI (Sep. 2023) = 119.1112.

LG Display Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 12.900 98.279 15.634
201403 12.598 99.253 15.119
201406 13.374 99.353 16.034
201409 13.709 99.608 16.393
201412 13.305 99.098 15.992
201503 13.512 99.720 16.139
201506 13.979 100.050 16.642
201509 13.521 100.110 16.087
201512 13.374 100.220 15.895
201603 13.036 100.560 15.441
201606 13.072 100.790 15.448
201609 13.711 101.460 16.096
201612 14.054 101.560 16.483
201703 14.928 102.850 17.288
201706 15.889 102.610 18.444
201709 16.483 103.490 18.971
201712 17.033 102.990 19.699
201803 17.076 104.100 19.538
201806 16.357 104.130 18.710
201809 15.811 105.650 17.826
201812 15.983 104.350 18.244
201903 15.957 104.490 18.190
201906 14.785 104.880 16.791
201909 14.124 105.200 15.992
201912 12.389 105.120 14.038
202003 11.976 105.540 13.516
202006 11.541 104.870 13.108
202009 11.919 106.200 13.368
202012 13.370 105.765 15.057
202103 13.423 107.357 14.893
202106 14.017 107.579 15.520
202109 14.222 108.759 15.576
202112 14.220 109.676 15.443
202203 13.714 111.806 14.610
202206 12.989 114.083 13.562
202209 11.493 114.831 11.921
202212 9.801 115.200 10.134
202303 8.811 116.550 9.005
202306 7.814 117.140 7.945
202309 7.028 119.111 7.028

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


LG Display Co  (NYSE:LPL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.95/13.73
=0.29

* 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 LG Display Co was 1.25. The lowest was 0.28. And the median was 0.65.


Be Aware

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


LG Display Co Cyclically Adjusted Book per Share Related Terms

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


LG Display Co (LG Display Co) Business Description

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Address
LG Twin Towers, 128 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR, 07336
LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.