GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » SK Telecom Co Ltd (BSP:S1KM34) » Definitions » Cyclically Adjusted Book per Share

SK Telecom Co (BSP:S1KM34) Cyclically Adjusted Book per Share : R$46.97 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is SK Telecom 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.

SK Telecom Co's adjusted book value per share for the three months ended in Dec. 2023 was R$804.544. 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 R$46.97 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SK Telecom Co's average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 SK Telecom Co was 14.50% per year. The lowest was 4.50% per year. And the median was 6.35% per year.

As of today (2024-04-30), SK Telecom Co's current stock price is R$26.40. SK Telecom Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$46.97. SK Telecom Co's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SK Telecom Co was 1.20. The lowest was 0.48. And the median was 0.82.


SK Telecom Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for SK Telecom 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.

SK Telecom Co Cyclically Adjusted Book per Share Chart

SK Telecom 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 - 79.83 55.77 52.66 46.97

SK Telecom 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 52.66 48.48 45.15 47.22 46.97

Competitive Comparison of SK Telecom Co's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, SK Telecom 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.


SK Telecom Co's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SK Telecom Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SK Telecom 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, SK Telecom Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=804.544/118.8477*118.8477
=804.544

Current CPI (Dec. 2023) = 118.8477.

SK Telecom Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 528.871 99.253 633.282
201406 549.943 99.353 657.851
201409 587.732 99.608 701.255
201412 645.405 99.098 774.031
201503 751.897 99.720 896.121
201506 770.134 100.050 914.829
201509 926.638 100.110 1,100.078
201512 943.706 100.220 1,119.111
201603 875.796 100.560 1,035.067
201606 834.062 100.790 983.494
201609 841.966 101.460 986.258
201612 844.649 101.560 988.426
201703 813.363 102.850 939.877
201706 900.946 102.610 1,043.518
201709 895.396 103.490 1,028.271
201712 1,012.731 102.990 1,168.664
201803 1,131.439 104.100 1,291.728
201806 1,330.927 104.130 1,519.040
201809 1,498.415 105.650 1,685.596
201812 1,424.851 104.350 1,622.810
201903 1,383.497 104.490 1,573.600
201906 1,356.237 104.880 1,536.858
201909 1,438.299 105.200 1,624.891
201912 1,444.198 105.120 1,632.797
202003 1,639.303 105.540 1,846.005
202006 1,819.115 104.870 2,061.578
202009 1,979.706 106.200 2,215.476
202012 2,062.372 105.765 2,317.470
202103 2,205.349 107.357 2,441.389
202106 2,114.523 107.579 2,336.024
202109 2,188.563 108.759 2,391.574
202112 1,016.800 109.676 1,101.826
202203 860.522 111.806 914.721
202206 823.413 114.083 857.805
202209 792.623 114.831 820.346
202212 842.001 115.200 868.661
202303 841.428 116.550 858.019
202306 793.623 117.140 805.193
202309 790.177 119.111 788.429
202312 804.544 118.848 804.544

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


SK Telecom Co  (BSP:S1KM34) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.40/46.97
=0.56

* 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 SK Telecom Co was 1.20. The lowest was 0.48. And the median was 0.82.


Be Aware

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


SK Telecom Co Cyclically Adjusted Book per Share Related Terms

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


SK Telecom Co (BSP:S1KM34) Business Description

Traded in Other Exchanges
Address
SK T-Tower, 65, Eulji-ro, Jung-gu, Seoul, KOR, 04539
SK Telecom is South Korea's largest wireless telecom operator, with 30 million mobile customers. The firm also owns SK Broadband (formerly Hanaro Telecom), which has 6.9 million broadband customers and 9.5 million pay TV customers (6.8 million IPTV and 2.7 million Cable TV). While the firm also purchased stakes in businesses in security and semiconductor memory production as well as developing e-commerce and internet platform businesses, these were all spun off into the separate, SK Square business in November 2021. The company was formed after SK Group purchased KT's mobile business in 1994.

SK Telecom Co (BSP:S1KM34) Headlines

No Headlines