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KG Dongbusteel (XKRX:016380) Cyclically Adjusted Book per Share : ₩64,563.30 (As of Mar. 2024)


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What is KG Dongbusteel 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.

KG Dongbusteel's adjusted book value per share for the three months ended in Mar. 2024 was ₩18,190.768. 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 ₩64,563.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KG Dongbusteel's average Cyclically Adjusted Book Growth Rate was -81.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -49.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -39.00% 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 KG Dongbusteel was -15.70% per year. The lowest was -49.90% per year. And the median was -27.20% per year.

As of today (2024-06-07), KG Dongbusteel's current stock price is ₩6790.00. KG Dongbusteel's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩64,563.30. KG Dongbusteel's Cyclically Adjusted PB Ratio of today is 0.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KG Dongbusteel was 0.11. The lowest was 0.01. And the median was 0.03.


KG Dongbusteel Cyclically Adjusted Book per Share Historical Data

The historical data trend for KG Dongbusteel'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.

KG Dongbusteel Cyclically Adjusted Book per Share Chart

KG Dongbusteel 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 1,453,200.00 1,048,910.00 713,992.00 422,187.00 132,058.00

KG Dongbusteel 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 349,483.00 275,344.00 204,873.00 132,058.00 64,563.30

Competitive Comparison of KG Dongbusteel's Cyclically Adjusted Book per Share

For the Steel subindustry, KG Dongbusteel'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.


KG Dongbusteel's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, KG Dongbusteel's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KG Dongbusteel 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, KG Dongbusteel'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)
=18190.768/118.8477*118.8477
=18,190.768

Current CPI (Mar. 2024) = 118.8477.

KG Dongbusteel Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,946,326.302 99.353 2,328,227.677
201409 -14,590.134 99.608 -17,408.279
201412 -28,832.584 99.098 -34,578.763
201503 -55,158.022 99.720 -65,738.107
201506 -35,229.163 100.050 -41,848.126
201509 -81,903.833 100.110 -97,233.864
201512 -75,229.634 100.220 -89,212.422
201603 159,765.809 100.560 188,820.594
201606 41,005.065 100.790 48,351.599
201609 43,956.756 101.460 51,489.842
201612 19,330.238 101.560 22,620.661
201703 24,887.748 102.850 28,758.888
201706 14,287.350 102.610 16,548.277
201709 4,368.944 103.490 5,017.286
201712 -4,146.300 102.990 -4,784.719
201803 30,645.045 104.100 34,986.485
201806 8,578.666 104.130 9,791.172
201809 366.598 105.650 412.393
201812 -12,869.949 104.350 -14,658.015
201903 -10,975.138 104.490 -12,483.203
201906 -19,369.586 104.880 -21,949.187
201909 8,670.683 105.200 9,795.539
201912 8,333.782 105.120 9,422.097
202003 8,394.627 105.540 9,453.118
202006 8,686.133 104.870 9,843.873
202009 8,909.295 106.200 9,970.332
202012 9,163.341 105.765 10,296.770
202103 9,349.652 107.357 10,350.350
202106 9,936.041 107.579 10,976.864
202109 10,654.636 108.759 11,642.960
202112 10,945.493 109.676 11,860.771
202203 11,528.231 111.806 12,254.317
202206 12,312.137 114.083 12,826.378
202209 12,719.811 114.831 13,164.706
202212 16,345.835 115.200 16,863.381
202303 16,712.322 116.550 17,041.852
202306 17,161.500 117.140 17,411.700
202309 17,734.324 119.111 17,695.092
202312 18,340.633 118.848 18,340.633
202403 18,190.768 118.848 18,190.768

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


KG Dongbusteel  (XKRX:016380) 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.

KG Dongbusteel's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6790.00/64563.3
=0.11

* 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 KG Dongbusteel was 0.11. The lowest was 0.01. And the median was 0.03.


Be Aware

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


KG Dongbusteel Cyclically Adjusted Book per Share Related Terms

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


KG Dongbusteel (XKRX:016380) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Seoul Square Building, 416, Hangang-daero, 7th Floor, Jung-gu, Seoul, KOR, 3450-8178
KG Dongbusteel is a Korea based company engaged in manufacturing of steel products. It serves automobile, electronics, and construction industry. The company offers various steel products including hot-rolled steel sheet, cold rolled steel sheet, galvanized steel sheet, pre-coated metal sheet, tin plate, tin free steel, pipe, H-beam and pre-engineered metal building systems.

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