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Moorim Paper Co (XKRX:009200) Cyclically Adjusted Book per Share : ₩11,018.70 (As of Mar. 2024)


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What is Moorim Paper 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.

Moorim Paper Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩10,134.738. 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 ₩11,018.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Moorim Paper Co's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.70% 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 Moorim Paper Co was 3.80% per year. The lowest was 1.60% per year. And the median was 2.20% per year.

As of today (2024-06-09), Moorim Paper Co's current stock price is ₩2235.00. Moorim Paper Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩11,018.70. Moorim Paper Co's Cyclically Adjusted PB Ratio of today is 0.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Moorim Paper Co was 0.42. The lowest was 0.17. And the median was 0.27.


Moorim Paper Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Moorim Paper 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.

Moorim Paper Co Cyclically Adjusted Book per Share Chart

Moorim Paper 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 9,849.64 9,853.20 10,155.90 10,667.20 11,016.40

Moorim Paper 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 10,810.00 10,873.60 11,048.80 11,016.40 11,018.70

Competitive Comparison of Moorim Paper Co's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Moorim Paper 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.


Moorim Paper Co's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Moorim Paper Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Moorim Paper 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, Moorim Paper 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)
=10134.738/118.8477*118.8477
=10,134.738

Current CPI (Mar. 2024) = 118.8477.

Moorim Paper Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9,566.253 99.353 11,443.310
201409 9,124.137 99.608 10,886.502
201412 8,920.056 99.098 10,697.775
201503 9,090.820 99.720 10,834.567
201506 9,323.575 100.050 11,075.317
201509 9,195.194 100.110 10,916.269
201512 9,207.083 100.220 10,918.386
201603 9,366.099 100.560 11,069.405
201606 9,278.916 100.790 10,941.342
201609 9,349.252 101.460 10,951.479
201612 9,248.219 101.560 10,822.465
201703 9,389.891 102.850 10,850.432
201706 9,442.547 102.610 10,936.799
201709 9,511.589 103.490 10,923.089
201712 9,865.948 102.990 11,385.040
201803 9,930.792 104.100 11,337.673
201806 10,110.673 104.130 11,539.712
201809 10,545.478 105.650 11,862.809
201812 10,792.623 104.350 12,292.079
201903 10,883.131 104.490 12,378.554
201906 11,119.643 104.880 12,600.534
201909 11,149.442 105.200 12,595.870
201912 10,529.132 105.120 11,904.139
202003 10,539.049 105.540 11,867.934
202006 10,775.587 104.870 12,211.822
202009 10,540.079 106.200 11,795.331
202012 9,572.366 105.765 10,756.388
202103 9,353.488 107.357 10,354.597
202106 9,621.283 107.579 10,629.134
202109 9,536.251 108.759 10,420.833
202112 9,472.770 109.676 10,264.897
202203 9,334.243 111.806 9,922.145
202206 9,597.855 114.083 9,998.729
202209 9,943.932 114.831 10,291.736
202212 10,013.969 115.200 10,331.034
202303 10,059.587 116.550 10,257.940
202306 10,185.683 117.140 10,334.182
202309 10,075.149 119.111 10,052.861
202312 9,961.558 118.848 9,961.558
202403 10,134.738 118.848 10,134.738

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


Moorim Paper Co  (XKRX:009200) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2235.00/11018.7
=0.20

* 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 Moorim Paper Co was 0.42. The lowest was 0.17. And the median was 0.27.


Be Aware

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


Moorim Paper Co Cyclically Adjusted Book per Share Related Terms

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


Moorim Paper Co (XKRX:009200) Business Description

Traded in Other Exchanges
N/A
Address
505 Sinsa-dong, Gangnam-gu, Seoul, KOR, 135-887
Moorim Paper Co Ltd manufactures and markets wood-free papers andcoated papers.

Moorim Paper Co (XKRX:009200) Headlines

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