GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Shinsung E&G Co Ltd (XKRX:011930) » Definitions » Cyclically Adjusted Book per Share

Shinsung E&G Co (XKRX:011930) Cyclically Adjusted Book per Share : ₩1,007.31 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Shinsung E&G 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.

Shinsung E&G Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩1,292.762. 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 ₩1,007.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Shinsung E&G Co's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -13.80% 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 Shinsung E&G Co was -10.30% per year. The lowest was -17.00% per year. And the median was -13.40% per year.

As of today (2024-06-05), Shinsung E&G Co's current stock price is ₩2075.00. Shinsung E&G Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩1,007.31. Shinsung E&G Co's Cyclically Adjusted PB Ratio of today is 2.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shinsung E&G Co was 2.90. The lowest was 0.37. And the median was 1.40.


Shinsung E&G Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shinsung E&G 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.

Shinsung E&G Co Cyclically Adjusted Book per Share Chart

Shinsung E&G 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 1,630.81 1,380.15 1,116.45 950.40 996.28

Shinsung E&G 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 959.69 969.94 990.67 996.28 1,007.31

Competitive Comparison of Shinsung E&G Co's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Shinsung E&G 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.


Shinsung E&G Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Shinsung E&G Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Shinsung E&G Co's Cyclically Adjusted PB Ratio falls into.



Shinsung E&G 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, Shinsung E&G 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)
=1292.762/118.8477*118.8477
=1,292.762

Current CPI (Mar. 2024) = 118.8477.

Shinsung E&G Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 673.666 99.353 805.850
201409 605.174 99.608 722.066
201412 654.242 99.098 784.629
201503 746.665 99.720 889.886
201506 753.395 100.050 894.945
201509 760.303 100.110 902.610
201512 764.779 100.220 906.927
201603 0.000 100.560 0.000
201606 0.000 100.790 0.000
201609 0.000 101.460 0.000
201612 930.641 101.560 1,089.056
201703 882.668 102.850 1,019.962
201706 770.011 102.610 891.863
201709 808.837 103.490 928.867
201712 668.797 102.990 771.774
201803 843.723 104.100 963.252
201806 1,107.741 104.130 1,264.309
201809 921.589 105.650 1,036.713
201812 798.328 104.350 909.242
201903 864.258 104.490 983.013
201906 879.753 104.880 996.917
201909 821.787 105.200 928.398
201912 834.712 105.120 943.718
202003 821.635 105.540 925.236
202006 885.476 104.870 1,003.498
202009 921.319 106.200 1,031.042
202012 960.889 105.765 1,079.743
202103 1,096.563 107.357 1,213.929
202106 1,014.814 107.579 1,121.118
202109 996.299 108.759 1,088.716
202112 1,029.477 109.676 1,115.563
202203 1,013.806 111.806 1,077.659
202206 948.639 114.083 988.261
202209 973.735 114.831 1,007.793
202212 1,036.233 115.200 1,069.042
202303 1,153.391 116.550 1,176.133
202306 1,132.469 117.140 1,148.979
202309 1,104.248 119.111 1,101.805
202312 1,195.207 118.848 1,195.207
202403 1,292.762 118.848 1,292.762

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


Shinsung E&G Co  (XKRX:011930) 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.

Shinsung E&G Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2075.00/1007.31
=2.06

* 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 Shinsung E&G Co was 2.90. The lowest was 0.37. And the median was 1.40.


Be Aware

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


Shinsung E&G Co Cyclically Adjusted Book per Share Related Terms

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


Shinsung E&G Co (XKRX:011930) Business Description

Industry
Traded in Other Exchanges
N/A
Address
404-1 Baekhyeon-Dong, Bungang-Gu, Gyeonggi-Do, Seongnam, KOR
Shinsung E&G Co Ltd is a manufacturer of solar cells, including single crystalline solar cells and multi-crystalline solar cells. It also provides clean-room system solutions and services related to air-conditioning systems, among others.

Shinsung E&G Co (XKRX:011930) Headlines

No Headlines