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Ssang Yong Informationmmunications (XKRX:010280) Cyclically Adjusted Book per Share : ₩866.19 (As of Mar. 2024)


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What is Ssang Yong Informationmmunications 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.

Ssang Yong Informationmmunications's adjusted book value per share for the three months ended in Mar. 2024 was ₩960.033. 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 ₩866.19 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ssang Yong Informationmmunications's average Cyclically Adjusted Book Growth Rate was -0.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ssang Yong Informationmmunications was 1.60% per year. The lowest was 1.00% per year. And the median was 1.20% per year.

As of today (2024-06-22), Ssang Yong Informationmmunications's current stock price is ₩733.00. Ssang Yong Informationmmunications's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩866.19. Ssang Yong Informationmmunications's Cyclically Adjusted PB Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ssang Yong Informationmmunications was 2.82. The lowest was 0.74. And the median was 1.29.


Ssang Yong Informationmmunications Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ssang Yong Informationmmunications'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.

Ssang Yong Informationmmunications Cyclically Adjusted Book per Share Chart

Ssang Yong Informationmmunications 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 836.26 845.80 842.98 863.17 871.66

Ssang Yong Informationmmunications 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 869.34 868.82 880.16 871.66 866.19

Competitive Comparison of Ssang Yong Informationmmunications's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Ssang Yong Informationmmunications'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.


Ssang Yong Informationmmunications's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Ssang Yong Informationmmunications's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ssang Yong Informationmmunications 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, Ssang Yong Informationmmunications'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)
=960.033/118.8477*118.8477
=960.033

Current CPI (Mar. 2024) = 118.8477.

Ssang Yong Informationmmunications Quarterly Data

Book Value per Share CPI Adj_Book
201406 961.933 99.353 1,150.680
201409 939.725 99.608 1,121.237
201412 749.756 99.098 899.178
201503 691.196 99.720 823.777
201506 689.028 100.050 818.485
201509 604.268 100.110 717.370
201512 629.246 100.220 746.203
201603 654.628 100.560 773.678
201606 677.183 100.790 798.508
201609 655.879 101.460 768.280
201612 619.217 101.560 724.621
201703 592.252 102.850 684.373
201706 548.201 102.610 634.952
201709 530.005 103.490 608.657
201712 576.770 102.990 665.577
201803 592.643 104.100 676.602
201806 929.111 104.130 1,060.431
201809 951.994 105.650 1,070.916
201812 957.216 104.350 1,090.205
201903 963.007 104.490 1,095.331
201906 953.419 104.880 1,080.393
201909 946.356 105.200 1,069.128
201912 962.357 105.120 1,088.032
202003 941.183 105.540 1,059.858
202006 925.771 104.870 1,049.163
202009 969.629 106.200 1,085.105
202012 608.635 105.765 683.918
202103 542.420 107.357 600.476
202106 546.610 107.579 603.869
202109 665.820 108.759 727.581
202112 699.014 109.676 757.467
202203 692.759 111.806 736.391
202206 670.334 114.083 698.332
202209 720.912 114.831 746.127
202212 891.127 115.200 919.342
202303 942.358 116.550 960.939
202306 914.218 117.140 927.547
202309 989.541 119.111 987.352
202312 977.492 118.848 977.492
202403 960.033 118.848 960.033

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


Ssang Yong Informationmmunications  (XKRX:010280) 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.

Ssang Yong Informationmmunications's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=733.00/866.19
=0.85

* 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 Ssang Yong Informationmmunications was 2.82. The lowest was 0.74. And the median was 1.29.


Be Aware

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


Ssang Yong Informationmmunications Cyclically Adjusted Book per Share Related Terms

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


Ssang Yong Informationmmunications (XKRX:010280) Business Description

Traded in Other Exchanges
N/A
Address
Ssangyong Building, 24-1, 2-ga, Jeo-dong, Jung-gu, Seoul, KOR, 100-748
Ssang Yong Information & Communications Corp is an information technology service provider in South Korea. The business areas of the company are system integration, software development and consulting, network integration, and package software development.

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