GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » SMCore Inc (XKRX:007820) » Definitions » Cyclically Adjusted Book per Share

SMCore (XKRX:007820) Cyclically Adjusted Book per Share : ₩3,923.81 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is SMCore 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.

SMCore's adjusted book value per share for the three months ended in Mar. 2024 was ₩2,636.616. 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 ₩3,923.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SMCore's average Cyclically Adjusted Book Growth Rate was -0.30% 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.

As of today (2024-06-10), SMCore's current stock price is ₩5240.00. SMCore's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩3,923.81. SMCore's Cyclically Adjusted PB Ratio of today is 1.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SMCore was 2.06. The lowest was 1.26. And the median was 1.62.


SMCore Cyclically Adjusted Book per Share Historical Data

The historical data trend for SMCore'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.

SMCore Cyclically Adjusted Book per Share Chart

SMCore 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 - - 3,706.13 3,890.59 3,950.30

SMCore 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 3,934.25 3,943.06 3,990.73 3,950.30 3,923.81

Competitive Comparison of SMCore's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, SMCore'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.


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

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

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



SMCore 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, SMCore'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)
=2636.616/118.8477*118.8477
=2,636.616

Current CPI (Mar. 2024) = 118.8477.

SMCore Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,171.702 99.353 3,794.042
201409 3,326.161 99.608 3,968.623
201412 3,440.033 99.098 4,125.613
201503 3,685.085 99.720 4,391.936
201506 3,850.646 100.050 4,574.117
201509 4,065.963 100.110 4,826.994
201512 3,710.528 100.220 4,400.197
201603 3,457.541 100.560 4,086.325
201606 3,013.858 100.790 3,553.826
201609 2,812.236 101.460 3,294.183
201612 2,732.898 101.560 3,198.096
201703 3,781.083 102.850 4,369.208
201706 3,810.787 102.610 4,413.832
201709 3,846.092 103.490 4,416.844
201712 3,778.484 102.990 4,360.269
201803 3,725.782 104.100 4,253.608
201806 3,666.025 104.130 4,184.180
201809 3,679.874 105.650 4,139.560
201812 3,774.090 104.350 4,298.437
201903 3,789.558 104.490 4,310.271
201906 3,859.842 104.880 4,373.888
201909 4,036.301 105.200 4,559.934
201912 3,568.104 105.120 4,034.065
202003 3,993.109 105.540 4,496.606
202006 3,521.542 104.870 3,990.914
202009 3,535.838 106.200 3,956.932
202012 3,483.175 105.765 3,914.015
202103 3,446.965 107.357 3,815.896
202106 3,428.245 107.579 3,787.361
202109 3,447.545 108.759 3,767.339
202112 3,435.858 109.676 3,723.169
202203 3,399.244 111.806 3,613.340
202206 3,487.886 114.083 3,633.565
202209 3,631.548 114.831 3,758.567
202212 3,548.703 115.200 3,661.063
202303 3,398.296 116.550 3,465.303
202306 3,211.107 117.140 3,257.922
202309 3,063.554 119.111 3,056.777
202312 2,488.905 118.848 2,488.905
202403 2,636.616 118.848 2,636.616

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


SMCore  (XKRX:007820) 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.

SMCore's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5240.00/3923.81
=1.34

* 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 SMCore was 2.06. The lowest was 1.26. And the median was 1.62.


Be Aware

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


SMCore Cyclically Adjusted Book per Share Related Terms

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


SMCore (XKRX:007820) Business Description

Industry
Traded in Other Exchanges
N/A
Address
20 Mapodaero, Mapo-gu, Dabo Building, 14th Floor, Yeongdeungpo-gu, Seoul, KOR
SMCore Inc manufactures lifting and handling equipment. Its products include automated storage and retrieval system, mini load, mobile rack, pallet runner, stacker crane, rail guided vehicle, electric monorail system, auto picking system, and sorter.

SMCore (XKRX:007820) Headlines

No Headlines