GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Thelma Therapeutics (XKRX:015540) » Definitions » Cyclically Adjusted Book per Share

Thelma Therapeutics (XKRX:015540) Cyclically Adjusted Book per Share : ₩3,496.56 (As of Sep. 2022)


View and export this data going back to 1989. Start your Free Trial

What is Thelma Therapeutics 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.

Thelma Therapeutics's adjusted book value per share for the three months ended in Sep. 2022 was ₩429.061. 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 ₩3,496.56 for the trailing ten years ended in Sep. 2022.

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.

As of today (2024-06-07), Thelma Therapeutics's current stock price is ₩6410.00. Thelma Therapeutics's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was ₩3,496.56. Thelma Therapeutics's Cyclically Adjusted PB Ratio of today is 1.83.


Thelma Therapeutics Cyclically Adjusted Book per Share Historical Data

The historical data trend for Thelma Therapeutics'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.

Thelma Therapeutics Cyclically Adjusted Book per Share Chart

Thelma Therapeutics Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16,180.00 12,132.10 8,655.95 5,779.94 3,872.79

Thelma Therapeutics Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 4,329.74 3,872.79 3,560.84 3,551.91 3,496.56

Competitive Comparison of Thelma Therapeutics's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Thelma Therapeutics'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.


Thelma Therapeutics's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Thelma Therapeutics's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Thelma Therapeutics 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, Thelma Therapeutics's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book= Book Value per Share /CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=429.061/114.8313*114.8313
=429.061

Current CPI (Sep. 2022) = 114.8313.

Thelma Therapeutics Quarterly Data

Book Value per Share CPI Adj_Book
201212 9,440.767 97.168 11,156.919
201303 9,903.218 97.987 11,605.615
201306 9,308.404 97.732 10,937.013
201309 8,751.517 98.479 10,204.694
201312 7,946.462 98.279 9,284.817
201403 9,352.566 99.253 10,820.502
201406 7,044.823 99.353 8,142.343
201409 8,149.755 99.608 9,395.299
201412 4,558.475 99.098 5,282.202
201503 6,494.211 99.720 7,478.326
201506 7,038.662 100.050 8,078.548
201509 7,474.209 100.110 8,573.301
201512 2,051.633 100.220 2,350.745
201603 1,124.521 100.560 1,284.111
201606 1,468.104 100.790 1,672.629
201609 1,462.294 101.460 1,655.008
201612 1,678.413 101.560 1,897.739
201703 1,732.876 102.850 1,934.744
201706 2,720.711 102.610 3,044.760
201709 2,283.110 103.490 2,533.312
201712 1,703.180 102.990 1,899.004
201803 2,174.042 104.100 2,398.156
201806 1,722.325 104.130 1,899.326
201809 1,604.656 105.650 1,744.105
201812 653.671 104.350 719.328
201903 251.179 104.490 276.038
201906 174.698 104.880 191.274
201909 -437.596 105.200 -477.659
201912 281.743 105.120 307.771
202003 571.132 105.540 621.412
202006 496.244 104.870 543.381
202009 195.259 106.200 211.128
202012 59.673 105.765 64.788
202103 274.591 107.357 293.708
202106 -55.195 107.579 -58.916
202109 -132.076 108.759 -139.450
202112 573.494 109.676 600.449
202203 532.557 111.806 546.968
202206 457.008 114.083 460.006
202209 429.061 114.831 429.061

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


Thelma Therapeutics  (XKRX:015540) 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.

Thelma Therapeutics's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6410.00/3496.56
=1.83

* 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.


Be Aware

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


Thelma Therapeutics Cyclically Adjusted Book per Share Related Terms

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


Thelma Therapeutics (XKRX:015540) Business Description

Traded in Other Exchanges
N/A
Address
Mapo-gu, Seoul Sangam DMC Prugio City, 25, World Cup Buk-ro 54-gil, Seoul, KOR
Thelma Therapeutics, formerly Medipartner Biotechnology is a South Korean company engaged in providing hospital management support, dental material distribution, medical devices manufacturing, and development of new materials.

Thelma Therapeutics (XKRX:015540) Headlines

No Headlines