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Tae Kyung Industrial Co (XKRX:015890) Cyclically Adjusted Book per Share : ₩9,236.15 (As of Mar. 2025)


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What is Tae Kyung Industrial 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.

Tae Kyung Industrial Co's adjusted book value per share for the three months ended in Mar. 2025 was ₩10,072.413. 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 ₩9,236.15 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Tae Kyung Industrial Co's average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Tae Kyung Industrial Co was 6.70% per year. The lowest was 4.50% per year. And the median was 5.55% per year.

As of today (2025-06-02), Tae Kyung Industrial Co's current stock price is ₩5030.00. Tae Kyung Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩9,236.15. Tae Kyung Industrial Co's Cyclically Adjusted PB Ratio of today is 0.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tae Kyung Industrial Co was 1.23. The lowest was 0.50. And the median was 0.82.


Tae Kyung Industrial Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tae Kyung Industrial 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.

Tae Kyung Industrial Co Cyclically Adjusted Book per Share Chart

Tae Kyung Industrial 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 7,145.09 7,631.64 8,229.86 8,672.53 9,074.84

Tae Kyung Industrial 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 8,817.33 8,860.10 8,989.59 9,074.84 9,236.15

Competitive Comparison of Tae Kyung Industrial Co's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Tae Kyung Industrial 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.


Tae Kyung Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Tae Kyung Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Tae Kyung Industrial 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, Tae Kyung Industrial 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)
=10072.413/122.5900*122.5900
=10,072.413

Current CPI (Mar. 2025) = 122.5900.

Tae Kyung Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 6,550.093 100.051 8,025.690
201509 6,586.781 100.111 8,065.798
201512 6,223.052 100.220 7,612.062
201603 6,080.919 100.561 7,413.019
201606 6,060.502 100.791 7,371.285
201609 6,152.214 101.461 7,433.383
201612 6,047.156 101.561 7,299.245
201703 5,905.589 102.851 7,039.008
201706 6,072.345 102.611 7,254.647
201709 6,247.784 103.491 7,400.832
201712 6,365.566 102.991 7,576.936
201803 6,195.203 104.101 7,295.524
201806 7,643.480 104.130 8,998.478
201809 7,729.591 105.651 8,968.917
201812 7,847.668 104.351 9,219.350
201903 8,578.343 104.491 10,064.217
201906 8,688.818 104.881 10,155.922
201909 8,671.477 105.200 10,104.880
201912 8,186.108 105.121 9,546.448
202003 8,048.685 105.354 9,365.439
202006 8,089.637 105.112 9,434.798
202009 8,096.210 106.198 9,345.921
202012 8,062.920 105.765 9,345.527
202103 8,083.446 107.357 9,230.398
202106 8,279.058 107.579 9,434.309
202109 8,554.757 108.759 9,642.657
202112 9,204.320 109.676 10,288.062
202203 9,215.830 111.848 10,100.928
202206 9,547.936 114.072 10,260.874
202209 9,796.381 114.715 10,468.859
202212 10,076.642 115.179 10,724.988
202303 9,961.658 116.507 10,481.735
202306 10,098.199 117.182 10,564.226
202309 10,192.591 118.964 10,503.295
202312 10,337.327 118.837 10,663.782
202403 10,177.981 120.123 10,386.992
202406 10,419.208 120.007 10,643.442
202409 10,640.607 120.861 10,792.810
202412 10,720.003 121.135 10,848.747
202503 10,072.413 122.590 10,072.413

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


Tae Kyung Industrial Co  (XKRX:015890) 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.

Tae Kyung Industrial Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5030.00/9236.15
=0.54

* 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 Tae Kyung Industrial Co was 1.23. The lowest was 0.50. And the median was 0.82.


Be Aware

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


Tae Kyung Industrial Co Cyclically Adjusted Book per Share Related Terms

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


Tae Kyung Industrial Co Business Description

Traded in Other Exchanges
N/A
Address
652-12 Songwon Building 4 floor, Deungchon-dong, Gangseo-gu, Seoul, KOR, 157-841
Tae Kyung Industrial Co Ltd is engaged in producing and selling ferroalloy, ultrafine ground calcium carbonate, and other non-metallic materials in South Korea. It offers ferroalloy products, such as high carbon ferromanganese products that are used for eliminating impurities in the process of making steel products. The company also provides liquefied ultrafine ground calcium carbonate for coating art paper and white duplex boards, as well as for paper and paints fillers.

Tae Kyung Industrial Co Headlines

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