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YM Co (XKRX:007530) Cyclically Adjusted Book per Share : ₩2,704.76 (As of Mar. 2024)


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What is YM 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.

YM Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩2,361.251. 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 ₩2,704.76 for the trailing ten years ended in Mar. 2024.

During the past 12 months, YM Co's average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.80% 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 YM Co was 6.40% per year. The lowest was 1.20% per year. And the median was 2.40% per year.

As of today (2024-05-28), YM Co's current stock price is ₩2940.00. YM Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩2,704.76. YM Co's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of YM Co was 1.64. The lowest was 0.32. And the median was 0.92.


YM Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for YM 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.

YM Co Cyclically Adjusted Book per Share Chart

YM 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 2,609.31 2,633.88 2,656.00 2,725.53 2,727.83

YM 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 2,741.02 2,735.15 2,759.06 2,727.83 2,704.76

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

For the Tools & Accessories subindustry, YM 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.


YM Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, YM Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



YM 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, YM 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)
=2361.251/118.8477*118.8477
=2,361.251

Current CPI (Mar. 2024) = 118.8477.

YM Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,797.766 99.353 3,346.734
201409 2,781.113 99.608 3,318.297
201412 2,830.883 99.098 3,395.063
201503 2,890.689 99.720 3,445.164
201506 2,976.821 100.050 3,536.115
201509 2,933.165 100.110 3,482.169
201512 3,019.150 100.220 3,580.314
201603 3,048.832 100.560 3,603.288
201606 3,097.908 100.790 3,652.934
201609 3,061.108 101.460 3,585.705
201612 3,043.376 101.560 3,561.424
201703 3,043.210 102.850 3,516.563
201706 2,711.977 102.610 3,141.139
201709 2,666.374 103.490 3,062.058
201712 1,818.060 102.990 2,097.993
201803 2,244.140 104.100 2,562.064
201806 1,823.409 104.130 2,081.129
201809 1,894.869 105.650 2,131.574
201812 1,927.211 104.350 2,194.965
201903 1,969.004 104.490 2,239.560
201906 2,235.977 104.880 2,533.760
201909 2,222.177 105.200 2,510.462
201912 2,203.857 105.120 2,491.660
202003 2,164.167 105.540 2,437.050
202006 2,110.233 104.870 2,391.497
202009 2,040.027 106.200 2,282.980
202012 2,045.396 105.765 2,298.394
202103 2,055.508 107.357 2,275.510
202106 2,057.711 107.579 2,273.261
202109 2,031.247 108.759 2,219.665
202112 2,068.448 109.676 2,241.415
202203 2,137.777 111.806 2,272.421
202206 2,129.836 114.083 2,218.793
202209 2,278.634 114.831 2,358.333
202212 2,235.495 115.200 2,306.276
202303 2,317.415 116.550 2,363.109
202306 2,251.504 117.140 2,284.329
202309 2,246.795 119.111 2,241.825
202312 2,293.957 118.848 2,293.957
202403 2,361.251 118.848 2,361.251

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


YM Co  (XKRX:007530) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2940.00/2704.76
=1.09

* 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 YM Co was 1.64. The lowest was 0.32. And the median was 0.92.


Be Aware

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


YM Co Cyclically Adjusted Book per Share Related Terms

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


YM Co (XKRX:007530) Business Description

Industry
Traded in Other Exchanges
N/A
Address
118, Poseunggongdan-ro 118beon-gil, Poseung-eup, Gyeonggi-do, Pyeongtaek-si, KOR, 17960
YM Co Ltd is involved in manufacturing and selling fasteners in South Korea. It offers bolts, bearing and cam caps, ladder frames, plugs, oil filter adapters, mounting brackets and other parts for the automobile industry. The company also provides compressors, bolts, and screws for the electronics and communication industry; and anchors and worm gears for the construction industry.

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