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Medience Co (XKRX:014100) Cyclically Adjusted Book per Share : ₩6,070.34 (As of Dec. 2023)


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What is Medience 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.

Medience Co's adjusted book value per share for the three months ended in Dec. 2023 was ₩7,700.152. 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 ₩6,070.34 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Medience Co's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.90% 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 Medience Co was 12.80% per year. The lowest was 5.20% per year. And the median was 12.10% per year.

As of today (2024-05-15), Medience Co's current stock price is ₩3435.00. Medience Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩6,070.34. Medience Co's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Medience Co was 4.55. The lowest was 0.46. And the median was 1.33.


Medience Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Medience 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.

Medience Co Cyclically Adjusted Book per Share Chart

Medience 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 3,877.75 4,294.93 5,002.37 5,567.04 6,070.34

Medience Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5,567.04 5,666.95 5,780.60 5,973.14 6,070.34

Competitive Comparison of Medience Co's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Medience 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.


Medience Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Medience Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Medience 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, Medience Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7700.152/118.8477*118.8477
=7,700.152

Current CPI (Dec. 2023) = 118.8477.

Medience Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,772.471 99.253 3,319.817
201406 2,855.591 99.353 3,415.905
201409 2,978.655 99.608 3,553.995
201412 3,180.333 99.098 3,814.156
201503 3,226.886 99.720 3,845.848
201506 3,316.820 100.050 3,939.994
201509 3,474.797 100.110 4,125.179
201512 3,667.492 100.220 4,349.162
201603 3,712.183 100.560 4,387.275
201606 3,843.901 100.790 4,532.581
201609 3,866.526 101.460 4,529.152
201612 3,727.232 101.560 4,361.687
201703 3,626.379 102.850 4,190.440
201706 3,676.390 102.610 4,258.167
201709 3,764.556 103.490 4,323.208
201712 4,224.324 102.990 4,874.757
201803 4,152.373 104.100 4,740.634
201806 4,284.759 104.130 4,890.365
201809 4,288.490 105.650 4,824.204
201812 4,315.807 104.350 4,915.417
201903 5,898.357 104.490 6,708.835
201906 6,001.097 104.880 6,800.311
201909 6,125.613 105.200 6,920.295
201912 7,173.010 105.120 8,109.739
202003 6,478.905 105.540 7,295.840
202006 7,368.502 104.870 8,350.620
202009 7,261.472 106.200 8,126.264
202012 7,535.555 105.765 8,467.640
202103 8,242.794 107.357 9,125.025
202106 8,962.009 107.579 9,900.800
202109 8,316.466 108.759 9,087.901
202112 8,054.585 109.676 8,728.121
202203 7,684.022 111.806 8,167.987
202206 7,265.330 114.083 7,568.781
202209 7,379.965 114.831 7,638.091
202212 7,164.592 115.200 7,391.439
202303 7,020.218 116.550 7,158.641
202306 6,918.288 117.140 7,019.151
202309 7,372.250 119.111 7,355.941
202312 7,700.152 118.848 7,700.152

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


Medience Co  (XKRX:014100) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3435.00/6070.34
=0.57

* 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 Medience Co was 4.55. The lowest was 0.46. And the median was 1.33.


Be Aware

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


Medience Co Cyclically Adjusted Book per Share Related Terms

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


Medience Co (XKRX:014100) Business Description

Traded in Other Exchanges
N/A
Address
Boryung Building, 13th and 14 th Floor, 66-21 Wonnam-dong, Jongno-gu, SEOUL, KOR, 110-750
Medience Co Ltd is engaged in the manufacture and sale of mother and baby care products in South Korea. Its products consist of skincare products, which are designed for infants; nursing products, such as pacifiers; living products, including oral cleaners, nursing bottle detergents, wet tissues, and washtub cleaners, as well as toys, baby food, and others.

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