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Daechang Forging Co (XKRX:015230) Cyclically Adjusted Book per Share : ₩8,325.93 (As of Mar. 2025)


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What is Daechang Forging 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.

Daechang Forging Co's adjusted book value per share for the three months ended in Mar. 2025 was ₩12,053.939. 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 ₩8,325.93 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Daechang Forging Co's average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.40% 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 Daechang Forging Co was 13.30% per year. The lowest was 11.30% per year. And the median was 13.00% per year.

As of today (2025-06-02), Daechang Forging Co's current stock price is ₩5560.00. Daechang Forging Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩8,325.93. Daechang Forging Co's Cyclically Adjusted PB Ratio of today is 0.67.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daechang Forging Co was 1.40. The lowest was 0.41. And the median was 0.76.


Daechang Forging Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daechang Forging 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.

Daechang Forging Co Cyclically Adjusted Book per Share Chart

Daechang Forging 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 5,087.41 5,846.15 6,567.79 7,323.11 8,069.38

Daechang Forging 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 7,543.73 7,690.15 7,893.10 8,069.38 8,325.93

Competitive Comparison of Daechang Forging Co's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, Daechang Forging 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.


Daechang Forging Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Daechang Forging Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Daechang Forging 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, Daechang Forging 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)
=12053.939/122.5900*122.5900
=12,053.939

Current CPI (Mar. 2025) = 122.5900.

Daechang Forging Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 4,711.299 100.051 5,772.655
201509 4,820.545 100.111 5,902.966
201512 4,955.006 100.220 6,060.983
201603 4,933.806 100.561 6,014.617
201606 5,099.627 100.791 6,202.589
201609 5,142.236 101.461 6,213.082
201612 5,356.006 101.561 6,464.990
201703 5,306.745 102.851 6,325.232
201706 5,469.984 102.611 6,535.005
201709 5,606.963 103.491 6,641.746
201712 5,651.611 102.991 6,727.115
201803 5,687.870 104.101 6,698.085
201806 5,849.575 104.130 6,886.558
201809 5,921.988 105.651 6,871.491
201812 6,022.398 104.351 7,075.044
201903 6,120.798 104.491 7,180.995
201906 6,396.093 104.881 7,476.071
201909 6,580.523 105.200 7,668.289
201912 6,681.437 105.121 7,791.735
202003 6,898.869 105.354 8,027.514
202006 7,011.543 105.112 8,177.436
202009 7,167.336 106.198 8,273.668
202012 7,236.016 105.765 8,387.083
202103 7,576.385 107.357 8,651.390
202106 7,668.811 107.579 8,738.908
202109 7,938.901 108.759 8,948.483
202112 8,238.628 109.676 9,208.667
202203 8,439.469 111.848 9,250.005
202206 8,993.953 114.072 9,665.525
202209 9,584.324 114.715 10,242.246
202212 9,160.850 115.179 9,750.273
202303 9,437.159 116.507 9,929.853
202306 9,942.899 117.182 10,401.759
202309 10,320.950 118.964 10,635.566
202312 10,293.655 118.837 10,618.731
202403 10,572.744 120.123 10,789.861
202406 11,156.456 120.007 11,396.556
202409 11,197.352 120.861 11,357.519
202412 11,880.173 121.135 12,022.851
202503 12,053.939 122.590 12,053.939

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


Daechang Forging Co  (XKRX:015230) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5560.00/8325.93
=0.67

* 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 Daechang Forging Co was 1.40. The lowest was 0.41. And the median was 0.76.


Be Aware

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


Daechang Forging Co Cyclically Adjusted Book per Share Related Terms

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


Daechang Forging Co Business Description

Traded in Other Exchanges
N/A
Address
1072-3 Bongnim-ri, Saengnim-myeon, Gyeongsangnam-do, Gimhae-si, KOR, 621-823
Daechang Forging Co Ltd operates in the auto manufactures industry in South Korea. The products manufactured by the company are track group assembly, track roller and idler, segment and sprocket, crankshafts, and mini excavator.

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