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Moonbae Steel Co (XKRX:008420) Cyclically Adjusted Book per Share : ₩7,515.00 (As of Mar. 2025)


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What is Moonbae Steel 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.

Moonbae Steel Co's adjusted book value per share for the three months ended in Mar. 2025 was ₩9,959.980. 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 ₩7,515.00 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Moonbae Steel Co's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Moonbae Steel Co was 9.90% per year. The lowest was 2.50% per year. And the median was 5.70% per year.

As of today (2025-07-16), Moonbae Steel Co's current stock price is ₩2445.00. Moonbae Steel Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩7,515.00. Moonbae Steel Co's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Moonbae Steel Co was 1.15. The lowest was 0.26. And the median was 0.60.


Moonbae Steel Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Moonbae Steel 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.

Moonbae Steel Co Cyclically Adjusted Book per Share Chart

Moonbae Steel 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 5,119.61 5,502.44 6,093.00 6,714.32 7,309.97

Moonbae Steel 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 6,901.32 7,011.03 7,174.97 7,309.97 7,515.00

Competitive Comparison of Moonbae Steel Co's Cyclically Adjusted Book per Share

For the Steel subindustry, Moonbae Steel 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.


Moonbae Steel Co's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Moonbae Steel Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Moonbae Steel 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, Moonbae Steel 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)
=9959.98/122.5900*122.5900
=9,959.980

Current CPI (Mar. 2025) = 122.5900.

Moonbae Steel Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 4,556.270 100.051 5,582.701
201509 4,556.324 100.111 5,579.416
201512 4,651.523 100.220 5,689.762
201603 4,687.688 100.561 5,714.584
201606 4,795.787 100.791 5,833.033
201609 4,856.083 101.461 5,867.339
201612 5,035.398 101.561 6,077.999
201703 5,258.324 102.851 6,267.518
201706 5,341.516 102.611 6,381.524
201709 5,484.081 103.491 6,496.186
201712 5,600.450 102.991 6,666.218
201803 5,652.778 104.101 6,656.760
201806 5,505.063 104.130 6,480.973
201809 5,568.156 105.651 6,460.928
201812 5,614.333 104.351 6,595.654
201903 5,620.707 104.491 6,594.282
201906 5,683.784 104.881 6,643.489
201909 5,711.860 105.200 6,656.035
201912 5,682.514 105.121 6,626.815
202003 5,668.151 105.354 6,595.453
202006 5,780.075 105.112 6,741.197
202009 5,907.938 106.198 6,819.873
202012 6,077.598 105.765 7,044.390
202103 6,364.810 107.357 7,267.906
202106 6,837.506 107.579 7,791.604
202109 7,039.691 108.759 7,934.922
202112 7,297.827 109.676 8,157.093
202203 7,639.880 111.848 8,373.622
202206 7,847.034 114.072 8,432.967
202209 8,018.598 114.715 8,569.039
202212 8,612.569 115.179 9,166.714
202303 9,006.255 116.507 9,476.452
202306 9,223.573 117.182 9,649.237
202309 9,464.748 118.964 9,753.265
202312 9,524.316 118.837 9,825.096
202403 9,760.937 120.123 9,961.384
202406 9,865.586 120.007 10,077.905
202409 9,860.563 120.861 10,001.609
202412 10,008.885 121.135 10,129.089
202503 9,959.980 122.590 9,959.980

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


Moonbae Steel Co  (XKRX:008420) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2445.00/7515.00
=0.33

* 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 Moonbae Steel Co was 1.15. The lowest was 0.26. And the median was 0.60.


Be Aware

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


Moonbae Steel Co Cyclically Adjusted Book per Share Related Terms

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


Moonbae Steel Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
108, Bongnaedong 1-Ga, Jung-Gu, SEOUL, KOR, 100161
Moonbae Steel Co Ltd is engaged in the manufacturing and sale of steel products. The company offers hot-rolled steel plates, hot-rolled steel sheets, checkered steel plates, hot-rolled steel coils, mini-mill coils and other steel products including skelps, steel angles, and section steels.

Moonbae Steel Co Headlines

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