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Asia Holdings Co (XKRX:002030) Cyclically Adjusted Book per Share : ₩467,448.00 (As of Mar. 2024)


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What is Asia 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.

Asia Holdings Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩645,812.131. 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 ₩467,448.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Asia Holdings Co's average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.00% 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 Asia Holdings Co was 0.30% per year. The lowest was -5.10% per year. And the median was -4.50% per year.

As of today (2024-06-05), Asia Holdings Co's current stock price is ₩246000.00. Asia Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩467,448.00. Asia Holdings Co's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Asia Holdings Co was 0.59. The lowest was 0.15. And the median was 0.25.


Asia Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asia 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.

Asia Holdings Co Cyclically Adjusted Book per Share Chart

Asia 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 482,640.00 457,860.00 441,580.00 452,852.00 462,562.00

Asia 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 450,205.00 444,691.00 459,269.00 462,562.00 467,448.00

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

For the Building Materials subindustry, Asia 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.


Asia Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

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

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



Asia 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, Asia 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)
=645812.131/118.8477*118.8477
=645,812.131

Current CPI (Mar. 2024) = 118.8477.

Asia Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 382,957.117 99.353 458,099.630
201409 381,968.145 99.608 455,746.883
201412 323,229.101 99.098 387,646.928
201503 325,434.639 99.720 387,857.585
201506 328,907.770 100.050 390,703.968
201509 332,182.515 100.110 394,357.486
201512 324,170.289 100.220 384,423.202
201603 326,101.518 100.560 385,405.881
201606 330,070.581 100.790 389,206.562
201609 337,254.369 101.460 395,051.312
201612 341,684.150 101.560 399,846.154
201703 342,171.798 102.850 395,394.567
201706 347,341.181 102.610 402,306.797
201709 355,141.872 103.490 407,844.185
201712 357,594.696 102.990 412,654.696
201803 355,500.397 104.100 405,863.636
201806 366,901.596 104.130 418,759.347
201809 375,205.722 105.650 422,076.073
201812 387,293.337 104.350 441,101.316
201903 386,242.439 104.490 439,315.011
201906 398,459.431 104.880 451,525.428
201909 404,878.414 105.200 457,403.691
201912 408,608.815 105.120 461,969.348
202003 407,623.228 105.540 459,021.064
202006 414,754.110 104.870 470,035.015
202009 424,916.693 106.200 475,521.390
202012 437,388.564 105.765 491,489.890
202103 444,103.145 107.357 491,635.748
202106 462,133.173 107.579 510,542.661
202109 475,389.898 108.759 519,487.050
202112 491,013.507 109.676 532,072.770
202203 496,839.141 111.806 528,131.717
202206 513,220.699 114.083 534,656.405
202209 526,615.854 114.831 545,035.047
202212 548,397.499 115.200 565,761.009
202303 557,296.601 116.550 568,285.256
202306 580,795.963 117.140 589,263.474
202309 601,740.683 119.111 600,409.501
202312 626,202.290 118.848 626,202.290
202403 645,812.131 118.848 645,812.131

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


Asia Holdings Co  (XKRX:002030) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=246000.00/467448
=0.53

* 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 Asia Holdings Co was 0.59. The lowest was 0.15. And the median was 0.25.


Be Aware

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


Asia Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Asia Holdings Co (XKRX:002030) Business Description

Traded in Other Exchanges
N/A
Address
726 Yeoksam-dong, Gangnam-gu, Seoul, KOR, 135-719
Asia Holdings Co Ltd is engaged in the manufacture and marketing of cement, ready mixed concrete and dry mortar in South Korea.

Asia Holdings Co (XKRX:002030) Headlines

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