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Daewoong Co (XKRX:003090) Cyclically Adjusted Book per Share : ₩16,212.20 (As of Mar. 2024)


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What is Daewoong 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.

Daewoong Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩24,119.176. 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 ₩16,212.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daewoong Co's average Cyclically Adjusted Book Growth Rate was 9.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% 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 Daewoong Co was 11.30% per year. The lowest was 8.00% per year. And the median was 10.10% per year.

As of today (2024-06-08), Daewoong Co's current stock price is ₩16690.00. Daewoong Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩16,212.20. Daewoong Co's Cyclically Adjusted PB Ratio of today is 1.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daewoong Co was 5.94. The lowest was 0.68. And the median was 1.80.


Daewoong Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daewoong 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.

Daewoong Co Cyclically Adjusted Book per Share Chart

Daewoong 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 10,577.40 11,528.30 12,909.50 14,368.40 15,894.10

Daewoong 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 14,787.40 15,121.30 15,639.60 15,894.10 16,212.20

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

For the Drug Manufacturers - Specialty & Generic subindustry, Daewoong 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.


Daewoong Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Daewoong Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daewoong 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, Daewoong 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)
=24119.176/118.8477*118.8477
=24,119.176

Current CPI (Mar. 2024) = 118.8477.

Daewoong Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9,743.271 99.353 11,655.062
201409 9,742.960 99.608 11,624.853
201412 10,101.791 99.098 12,115.024
201503 10,237.052 99.720 12,200.663
201506 10,519.272 100.050 12,495.665
201509 10,729.350 100.110 12,737.574
201512 10,924.642 100.220 12,955.184
201603 10,780.108 100.560 12,740.563
201606 10,662.918 100.790 12,573.304
201609 10,929.323 101.460 12,802.335
201612 11,250.325 101.560 13,165.373
201703 11,397.378 102.850 13,170.172
201706 11,654.584 102.610 13,498.884
201709 11,987.665 103.490 13,766.609
201712 12,611.489 102.990 14,553.320
201803 12,784.294 104.100 14,595.427
201806 13,098.528 104.130 14,949.870
201809 13,404.433 105.650 15,078.902
201812 13,190.539 104.350 15,023.145
201903 13,389.314 104.490 15,229.105
201906 13,980.609 104.880 15,842.517
201909 14,248.365 105.200 16,096.819
201912 14,299.551 105.120 16,166.940
202003 14,706.865 105.540 16,561.276
202006 14,862.648 104.870 16,843.631
202009 15,248.004 106.200 17,063.938
202012 16,494.650 105.765 18,534.901
202103 15,896.934 107.357 17,598.392
202106 16,302.828 107.579 18,010.586
202109 16,836.186 108.759 18,397.910
202112 17,530.921 109.676 18,996.882
202203 18,113.243 111.806 19,254.075
202206 18,993.324 114.083 19,786.619
202209 19,926.472 114.831 20,623.431
202212 19,932.727 115.200 20,563.842
202303 20,442.628 116.550 20,845.711
202306 21,283.453 117.140 21,593.748
202309 21,842.341 119.111 21,794.021
202312 22,860.849 118.848 22,860.849
202403 24,119.176 118.848 24,119.176

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


Daewoong Co  (XKRX:003090) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16690.00/16212.2
=1.03

* 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 Daewoong Co was 5.94. The lowest was 0.68. And the median was 1.80.


Be Aware

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


Daewoong Co Cyclically Adjusted Book per Share Related Terms

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


Daewoong Co (XKRX:003090) Business Description

Industry
Traded in Other Exchanges
N/A
Address
244, Galmachi-ro, Jungwon-gu, Gyeonggi-do, Seongnam-si, KOR
Daewoong Co Ltd is a Korea-based holding company engaged in the manufacture of pharmaceuticals. Also, it is engaged in the food processing business, provides enterprise education solutions and information technology business solutions.

Daewoong Co (XKRX:003090) Headlines

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