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Jeju Bank (XKRX:006220) Cyclically Adjusted Book per Share : ₩17,571.20 (As of Mar. 2024)


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What is Jeju Bank 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.

Jeju Bank's adjusted book value per share for the three months ended in Mar. 2024 was ₩18,164.170. 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 ₩17,571.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Jeju Bank's average Cyclically Adjusted Book Growth Rate was 2.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.90% 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 Jeju Bank was 5.50% per year. The lowest was 4.30% per year. And the median was 5.30% per year.

As of today (2024-06-25), Jeju Bank's current stock price is ₩11160.00. Jeju Bank's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩17,571.20. Jeju Bank's Cyclically Adjusted PB Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jeju Bank was 1.47. The lowest was 0.15. And the median was 0.43.


Jeju Bank Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jeju Bank'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.

Jeju Bank Cyclically Adjusted Book per Share Chart

Jeju Bank 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 14,451.50 14,918.30 15,862.70 16,858.40 17,507.00

Jeju Bank 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 17,089.00 17,210.20 17,525.00 17,507.00 17,571.20

Competitive Comparison of Jeju Bank's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, Jeju Bank'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.


Jeju Bank's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Jeju Bank's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Jeju Bank 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, Jeju Bank'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)
=18164.17/118.8477*118.8477
=18,164.170

Current CPI (Mar. 2024) = 118.8477.

Jeju Bank Quarterly Data

Book Value per Share CPI Adj_Book
201406 13,160.162 99.353 15,742.403
201409 13,218.349 99.608 15,771.528
201412 13,704.845 99.098 16,436.147
201503 13,940.377 99.720 16,614.338
201506 13,888.739 100.050 16,498.198
201509 14,196.321 100.110 16,853.462
201512 14,267.429 100.220 16,919.289
201603 14,489.278 100.560 17,124.278
201606 14,627.097 100.790 17,247.711
201609 14,729.520 101.460 17,253.790
201612 15,058.367 101.560 17,621.625
201703 15,314.625 102.850 17,696.723
201706 15,547.510 102.610 18,007.853
201709 18,019.381 103.490 20,693.420
201712 18,160.655 102.990 20,956.909
201803 17,979.677 104.100 20,526.832
201806 18,400.628 104.130 21,001.367
201809 18,929.314 105.650 21,293.946
201812 14,721.745 104.350 16,767.087
201903 14,847.800 104.490 16,887.998
201906 15,153.538 104.880 17,171.655
201909 15,331.727 105.200 17,320.727
201912 15,490.899 105.120 17,513.867
202003 15,591.463 105.540 17,557.414
202006 15,797.447 104.870 17,903.025
202009 15,893.497 106.200 17,786.305
202012 15,856.210 105.765 17,817.491
202103 15,887.179 107.357 17,587.592
202106 16,026.556 107.579 17,705.374
202109 16,188.933 108.759 17,690.618
202112 16,058.645 109.676 17,401.492
202203 15,873.982 111.806 16,873.778
202206 15,755.024 114.083 16,413.065
202209 15,862.279 114.831 16,417.086
202212 16,242.561 115.200 16,756.837
202303 16,423.271 116.550 16,747.102
202306 16,546.338 117.140 16,787.570
202309 16,677.062 119.111 16,640.169
202312 16,678.214 118.848 16,678.214
202403 18,164.170 118.848 18,164.170

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


Jeju Bank  (XKRX:006220) 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.

Jeju Bank's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11160.00/17571.2
=0.64

* 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 Jeju Bank was 1.47. The lowest was 0.15. And the median was 0.43.


Be Aware

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


Jeju Bank Cyclically Adjusted Book per Share Related Terms

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


Jeju Bank (XKRX:006220) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Jeju Bank (XKRX:006220) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
1349, 2do 1-dong, Jeju, KOR
Jeju Bank is a Korea based company engaged in commercial banking and trust business. It derives key revenue from carrying out banking activities.

Jeju Bank (XKRX:006220) Headlines

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