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Shindaeyang Paper Co (XKRX:016590) Cyclically Adjusted Book per Share : ₩12,870.44 (As of Mar. 2025)


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What is Shindaeyang Paper 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.

Shindaeyang Paper Co's adjusted book value per share for the three months ended in Mar. 2025 was ₩19,813.188. 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 ₩12,870.44 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Shindaeyang Paper Co's average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.80% 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 Shindaeyang Paper Co was 12.60% per year. The lowest was 10.00% per year. And the median was 10.95% per year.

As of today (2025-07-22), Shindaeyang Paper Co's current stock price is ₩13880.00. Shindaeyang Paper Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩12,870.44. Shindaeyang Paper Co's Cyclically Adjusted PB Ratio of today is 1.08.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Shindaeyang Paper Co was 1.15. The lowest was 0.28. And the median was 0.43.


Shindaeyang Paper Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Shindaeyang Paper 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.

Shindaeyang Paper Co Cyclically Adjusted Book per Share Chart

Shindaeyang Paper 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 7,823.08 8,875.78 9,981.52 11,169.02 12,440.32

Shindaeyang Paper 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 11,539.75 11,788.06 12,135.88 12,440.32 12,870.44

Competitive Comparison of Shindaeyang Paper Co's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Shindaeyang Paper 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.


Shindaeyang Paper Co's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Shindaeyang Paper Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Shindaeyang Paper 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, Shindaeyang Paper 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)
=19813.188/122.5900*122.5900
=19,813.188

Current CPI (Mar. 2025) = 122.5900.

Shindaeyang Paper Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 6,854.545 100.051 8,398.729
201509 6,890.567 100.111 8,437.797
201512 6,132.373 100.220 7,501.144
201603 6,192.026 100.561 7,548.465
201606 6,285.730 100.791 7,645.226
201609 6,462.168 101.461 7,807.883
201612 6,509.139 101.561 7,856.884
201703 6,565.320 102.851 7,825.356
201706 6,709.273 102.611 8,015.587
201709 6,648.809 103.491 7,875.868
201712 6,831.359 102.991 8,131.370
201803 7,205.021 104.101 8,484.695
201806 8,125.893 104.130 9,566.411
201809 8,701.774 105.651 10,096.975
201812 9,041.443 104.351 10,621.783
201903 9,326.806 104.491 10,942.323
201906 9,756.347 104.881 11,403.702
201909 10,110.284 105.200 11,781.523
201912 10,383.588 105.121 12,109.097
202003 10,741.345 105.354 12,498.614
202006 11,153.203 105.112 13,007.780
202009 11,768.472 106.198 13,585.024
202012 11,878.505 105.765 13,768.075
202103 12,715.998 107.357 14,520.258
202106 13,281.483 107.579 15,134.767
202109 13,708.798 108.759 15,452.132
202112 13,918.246 109.676 15,557.018
202203 14,076.643 111.848 15,428.579
202206 14,620.456 114.072 15,712.155
202209 15,027.038 114.715 16,058.578
202212 15,417.308 115.179 16,409.280
202303 15,656.134 116.507 16,473.507
202306 16,112.617 117.182 16,856.207
202309 17,093.658 118.964 17,614.729
202312 17,480.072 118.837 18,032.096
202403 18,201.340 120.123 18,575.115
202406 18,782.413 120.007 19,186.633
202409 18,985.300 120.861 19,256.866
202412 19,590.959 121.135 19,826.241
202503 19,813.188 122.590 19,813.188

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


Shindaeyang Paper Co  (XKRX:016590) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13880.00/12870.44
=1.08

* 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 Shindaeyang Paper Co was 1.15. The lowest was 0.28. And the median was 0.43.


Be Aware

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


Shindaeyang Paper Co Cyclically Adjusted Book per Share Related Terms

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


Shindaeyang Paper Co Business Description

Traded in Other Exchanges
N/A
Address
490-2, Mongnae-Dong, Danwon-Gu, Ansan, KOR
Shindaeyang Paper Co Ltd manufactures paper and paper. Its products include corrugated cardboard paper, craft liner paper and test liner paper stencil paper.

Shindaeyang Paper Co Headlines

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