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Samsung Electronics Co (FRA:SSU) Cyclically Adjusted Book per Share : €658.64 (As of Dec. 2023)


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What is Samsung Electronics 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.

Samsung Electronics Co's adjusted book value per share for the three months ended in Dec. 2023 was €913.639. 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 €658.64 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Samsung Electronics Co's average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.70% 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 Samsung Electronics Co was 14.50% per year. The lowest was 13.40% per year. And the median was 13.90% per year.

As of today (2024-05-15), Samsung Electronics Co's current stock price is €1320.00. Samsung Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €658.64. Samsung Electronics Co's Cyclically Adjusted PB Ratio of today is 2.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Samsung Electronics Co was 3.40. The lowest was 1.58. And the median was 2.28.


Samsung Electronics Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Samsung Electronics 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.

Samsung Electronics Co Cyclically Adjusted Book per Share Chart

Samsung Electronics 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 448.70 485.88 556.21 641.68 658.64

Samsung Electronics 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 641.68 623.93 635.99 649.11 658.64

Competitive Comparison of Samsung Electronics Co's Cyclically Adjusted Book per Share

For the Consumer Electronics subindustry, Samsung Electronics 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.


Samsung Electronics Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Samsung Electronics 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, Samsung Electronics 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)
=913.639/118.8477*118.8477
=913.639

Current CPI (Dec. 2023) = 118.8477.

Samsung Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 335.387 99.253 401.600
201406 368.134 99.353 440.368
201409 391.398 99.608 466.998
201412 397.526 99.098 476.751
201503 450.145 99.720 536.489
201506 450.775 100.050 535.468
201509 440.218 100.110 522.614
201512 464.403 100.220 550.721
201603 455.637 100.560 538.499
201606 473.593 100.790 558.443
201609 497.185 101.460 582.390
201612 533.238 101.560 624.007
201703 543.173 102.850 627.660
201706 552.242 102.610 639.633
201709 550.318 103.490 631.984
201712 593.154 102.990 684.484
201803 601.923 104.100 687.197
201806 649.324 104.130 741.099
201809 660.100 105.650 742.559
201812 691.593 104.350 787.678
201903 706.300 104.490 803.351
201906 693.106 104.880 785.412
201909 714.435 105.200 807.119
201912 718.465 105.120 812.290
202003 706.416 105.540 795.489
202006 708.443 104.870 802.869
202009 711.097 106.200 795.784
202012 740.022 105.765 831.557
202103 726.622 107.357 804.393
202106 745.702 107.579 823.816
202109 768.774 108.759 840.085
202112 814.699 109.676 882.825
202203 838.366 111.806 891.169
202206 868.678 114.083 904.960
202209 892.726 114.831 923.950
202212 926.801 115.200 956.146
202303 920.963 116.550 939.122
202306 913.706 117.140 927.027
202309 913.839 119.111 911.817
202312 913.639 118.848 913.639

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


Samsung Electronics Co  (FRA:SSU) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1320.00/658.64
=2.00

* 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 Samsung Electronics Co was 3.40. The lowest was 1.58. And the median was 2.28.


Be Aware

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


Samsung Electronics Co Cyclically Adjusted Book per Share Related Terms

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


Samsung Electronics Co (FRA:SSU) Business Description

Industry
Address
129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR, 443-742
Samsung Electronics is a diversified electronics conglomerate that manufactures and sells a wide range of products, including smartphones, semiconductor chips, printers, home appliances, medical equipment, and telecom network equipment. More than half of its profit is generated from semiconductor business, and a further 25% is generated from its mobile handset business, although these percentages vary with the fortunes of each of these businesses. It is the largest smartphone and television manufacturer in the world, which helps provide a base demand for its component businesses, such as memory chips and displays, and is also the largest manufacturer of these globally.

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