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Samsung Electronics Co (XKRX:005935) Cyclically Adjusted Book per Share : ₩30,621.90 (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 ₩51,984.611. 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 ₩30,621.90 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 (2024-04-30), Samsung Electronics Co's current stock price is ₩64700.00. Samsung Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩30,621.90. Samsung Electronics Co's Cyclically Adjusted PB Ratio of today is 2.11.

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 18,949.60 23,714.00 27,124.70 31,460.90 30,621.90

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 31,460.90 30,026.70 30,152.70 30,236.10 30,621.90

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)
=51984.611/118.8477*118.8477
=51,984.611

Current CPI (Dec. 2023) = 118.8477.

Samsung Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 19,863.281 99.253 23,784.725
201406 20,382.306 99.353 24,381.651
201409 20,899.277 99.608 24,936.059
201412 21,618.822 99.098 25,927.337
201503 21,686.864 99.720 25,846.710
201506 22,521.239 100.050 26,752.598
201509 23,405.803 100.110 27,786.693
201512 23,674.367 100.220 28,074.676
201603 23,980.799 100.560 28,341.913
201606 24,801.417 100.790 29,244.879
201609 24,739.028 101.460 28,978.677
201612 26,618.517 101.560 31,149.562
201703 26,347.939 102.850 30,446.203
201706 28,067.506 102.610 32,509.098
201709 29,689.672 103.490 34,095.557
201712 30,406.074 102.990 35,087.795
201803 31,764.393 104.100 36,264.410
201806 33,205.198 104.130 37,898.410
201809 34,501.442 105.650 38,811.330
201812 35,324.773 104.350 40,232.564
201903 36,124.284 104.490 41,088.028
201906 36,770.989 104.880 41,668.073
201909 37,582.274 105.200 42,457.860
201912 37,510.435 105.120 42,408.951
202003 38,035.456 105.540 42,831.405
202006 38,515.915 104.870 43,649.546
202009 39,428.188 106.200 44,123.818
202012 39,388.173 105.765 44,260.162
202103 39,108.007 107.357 43,293.758
202106 40,343.644 107.579 44,569.731
202109 42,429.816 108.759 46,365.604
202112 43,593.790 109.676 47,239.166
202203 45,088.662 111.806 47,928.495
202206 46,919.863 114.083 48,879.566
202209 49,369.498 114.831 51,096.272
202212 50,799.859 115.200 52,408.298
202303 51,511.476 116.550 52,527.168
202306 51,367.569 117.140 52,116.464
202309 52,050.331 119.111 51,935.184
202312 51,984.611 118.848 51,984.611

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


Samsung Electronics Co  (XKRX:005935) 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
=64700.00/30621.9
=2.11

* 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 (XKRX:005935) 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.

Samsung Electronics Co (XKRX:005935) Headlines

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