GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Korean Reinsurance Co (XKRX:003690) » Definitions » Cyclically Adjusted Book per Share

Korean Reinsurance Co (XKRX:003690) Cyclically Adjusted Book per Share : ₩15,255.75 (As of Mar. 2025)


View and export this data going back to 1969. Start your Free Trial

What is Korean Reinsurance 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.

Korean Reinsurance Co's adjusted book value per share for the three months ended in Mar. 2025 was ₩19,281.395. 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 ₩15,255.75 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Korean Reinsurance Co's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.60% 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 Korean Reinsurance Co was 11.80% per year. The lowest was 10.20% per year. And the median was 11.00% per year.

As of today (2025-06-01), Korean Reinsurance Co's current stock price is ₩9240.00. Korean Reinsurance Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩15,255.75. Korean Reinsurance Co's Cyclically Adjusted PB Ratio of today is 0.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Korean Reinsurance Co was 1.07. The lowest was 0.34. And the median was 0.51.


Korean Reinsurance Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Korean Reinsurance 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.

Korean Reinsurance Co Cyclically Adjusted Book per Share Chart

Korean Reinsurance Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,028.72 11,126.99 12,422.75 13,731.41 14,891.21

Korean Reinsurance Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 14,106.03 14,319.46 14,652.64 14,891.21 15,255.75

Competitive Comparison of Korean Reinsurance Co's Cyclically Adjusted Book per Share

For the Insurance - Reinsurance subindustry, Korean Reinsurance 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.


Korean Reinsurance Co's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Korean Reinsurance Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Korean Reinsurance 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, Korean Reinsurance Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=19281.395/122.5900*122.5900
=19,281.395

Current CPI (Mar. 2025) = 122.5900.

Korean Reinsurance Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 9,921.031 100.051 12,156.029
201509 10,224.473 100.111 12,520.309
201512 10,160.292 100.220 12,428.110
201603 10,464.621 100.561 12,757.025
201606 10,825.026 100.791 13,166.293
201609 10,892.217 101.461 13,160.468
201612 10,638.034 101.561 12,840.684
201703 10,598.017 102.851 12,632.021
201706 11,080.063 102.611 13,237.381
201709 11,151.896 103.491 13,210.014
201712 10,897.138 102.991 12,970.869
201803 10,955.625 104.101 12,901.438
201806 11,249.890 104.130 13,244.214
201809 11,234.595 105.651 13,035.897
201812 11,272.955 104.351 13,243.338
201903 11,444.611 104.491 13,426.957
201906 11,864.239 104.881 13,867.511
201909 12,100.304 105.200 14,100.495
201912 12,394.847 105.121 14,454.581
202003 12,711.898 105.354 14,791.547
202006 13,571.945 105.112 15,828.715
202009 13,903.332 106.198 16,049.416
202012 13,897.211 105.765 16,107.906
202103 13,629.168 107.357 15,562.996
202106 14,109.187 107.579 16,077.967
202109 14,247.966 108.759 16,059.866
202112 14,292.054 109.676 15,974.840
202203 14,020.458 111.848 15,366.998
202206 15,270.908 114.072 16,411.176
202209 15,483.427 114.715 16,546.296
202212 15,367.719 115.179 16,356.501
202303 17,150.411 116.507 18,045.797
202306 17,730.734 117.182 18,548.999
202309 17,978.861 118.964 18,526.916
202312 18,406.956 118.837 18,988.251
202403 17,921.818 120.123 18,289.853
202406 18,505.564 120.007 18,903.826
202409 19,110.753 120.861 19,384.113
202412 19,538.535 121.135 19,773.187
202503 19,281.395 122.590 19,281.395

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


Korean Reinsurance Co  (XKRX:003690) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9240.00/15255.75
=0.61

* 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 Korean Reinsurance Co was 1.07. The lowest was 0.34. And the median was 0.51.


Be Aware

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


Korean Reinsurance Co Cyclically Adjusted Book per Share Related Terms

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


Korean Reinsurance Co Business Description

Traded in Other Exchanges
N/A
Address
68 Jongno 5 Gil, Jongno-gu, Seoul, KOR, 03151
Korean Reinsurance Co is a South Korean reinsurer that provides clients with reinsurance services and risk-management solutions. The company provides nonlife and life reinsurance products that include fire insurance, marine and aviation insurance, comprehensive and engineering reinsurance, motor insurance, guaranteed insurance, foreign casualty insurance, long-term insurance, international reinsurance solutions, life insurance, and health insurance. The company derives over half of its income from Asian regions including China, Japan, Hong Kong, and Taiwan. Korean Re also has operations in the Middle East, Africa, Europe, and the Americas.

Korean Reinsurance Co Headlines

No Headlines