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Kyungbang Co (XKRX:000050) Cyclically Adjusted Book per Share : ₩30,076.70 (As of Dec. 2023)


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What is Kyungbang 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.

Kyungbang Co's adjusted book value per share for the three months ended in Dec. 2023 was ₩29,622.836. 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 ₩30,076.70 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kyungbang Co's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.00% 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 Kyungbang Co was 4.60% per year. The lowest was 1.60% per year. And the median was 3.00% per year.

As of today (2024-05-17), Kyungbang Co's current stock price is ₩7980.00. Kyungbang Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩30,076.70. Kyungbang Co's Cyclically Adjusted PB Ratio of today is 0.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kyungbang Co was 0.67. The lowest was 0.25. And the median was 0.44.


Kyungbang Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kyungbang 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.

Kyungbang Co Cyclically Adjusted Book per Share Chart

Kyungbang 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 26,514.00 26,279.50 27,385.10 29,007.70 30,076.70

Kyungbang 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 29,007.70 29,422.20 29,629.20 30,174.90 30,076.70

Competitive Comparison of Kyungbang Co's Cyclically Adjusted Book per Share

For the Textile Manufacturing subindustry, Kyungbang 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.


Kyungbang Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kyungbang Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kyungbang 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, Kyungbang 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)
=29622.836/118.8477*118.8477
=29,622.836

Current CPI (Dec. 2023) = 118.8477.

Kyungbang Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 23,317.346 99.253 27,920.697
201406 23,370.340 99.353 27,955.987
201409 23,395.591 99.608 27,914.547
201412 23,624.972 99.098 28,333.302
201503 23,761.700 99.720 28,319.529
201506 24,010.645 100.050 28,521.838
201509 24,118.267 100.110 28,632.510
201512 24,182.467 100.220 28,677.216
201603 24,168.418 100.560 28,563.652
201606 24,586.783 100.790 28,991.791
201609 24,788.008 101.460 29,036.051
201612 24,798.721 101.560 29,019.998
201703 24,823.247 102.850 28,684.354
201706 25,068.195 102.610 29,035.156
201709 25,354.255 103.490 29,116.774
201712 25,502.280 102.990 29,428.948
201803 25,503.184 104.100 29,116.184
201806 25,926.948 104.130 29,591.454
201809 26,026.082 105.650 29,277.236
201812 26,279.063 104.350 29,930.102
201903 26,293.387 104.490 29,906.293
201906 26,483.688 104.880 30,010.730
201909 26,643.701 105.200 30,100.215
201912 28,073.650 105.120 31,739.809
202003 28,061.755 105.540 31,600.105
202006 28,327.113 104.870 32,102.720
202009 28,420.880 106.200 31,805.614
202012 28,519.866 105.765 32,047.536
202103 28,924.261 107.357 32,020.041
202106 29,476.011 107.579 32,563.689
202109 29,770.511 108.759 32,532.023
202112 30,032.925 109.676 32,544.322
202203 30,675.999 111.806 32,608.075
202206 30,855.053 114.083 32,143.777
202209 30,708.893 114.831 31,782.983
202212 30,303.820 115.200 31,263.308
202303 30,104.335 116.550 30,697.926
202306 29,791.390 117.140 30,225.723
202309 29,749.783 119.111 29,683.970
202312 29,622.836 118.848 29,622.836

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


Kyungbang Co  (XKRX:000050) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7980.00/30076.7
=0.27

* 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 Kyungbang Co was 0.67. The lowest was 0.25. And the median was 0.44.


Be Aware

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


Kyungbang Co Cyclically Adjusted Book per Share Related Terms

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


Kyungbang Co (XKRX:000050) Business Description

Traded in Other Exchanges
N/A
Address
441-10 Yeongdeungpo-Dong 4 Ga, Yeongdeungpodong 4-Ga, Yeongdeun, Seoul, KOR, 150-798
Kyungbang Co Ltd is a South Korea based company engages in the production of yarn and fabric products. Its products include pure combed cotton yarns, synthetic spun yarns, blended yarns and specialty yarns, which are used for beddings, casual knitwear, sweaters, dress shirts, pants and among others.

Kyungbang Co (XKRX:000050) Headlines

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