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Samhyun Steel Co (XKRX:017480) Cyclically Adjusted Book per Share : ₩11,014.30 (As of Mar. 2024)


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What is Samhyun Steel 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.

Samhyun Steel Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩12,365.862. 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 ₩11,014.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Samhyun Steel Co's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Samhyun Steel Co was 7.20% per year. The lowest was 4.30% per year. And the median was 5.20% per year.

As of today (2024-06-23), Samhyun Steel Co's current stock price is ₩5010.00. Samhyun Steel Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩11,014.30. Samhyun Steel Co's Cyclically Adjusted PB Ratio of today is 0.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Samhyun Steel Co was 0.92. The lowest was 0.29. And the median was 0.54.


Samhyun Steel Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Samhyun Steel 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.

Samhyun Steel Co Cyclically Adjusted Book per Share Chart

Samhyun Steel Co 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 8,578.40 8,877.79 9,496.99 10,294.80 10,945.40

Samhyun Steel Co 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 10,500.40 10,635.50 10,892.50 10,945.40 11,014.30

Competitive Comparison of Samhyun Steel Co's Cyclically Adjusted Book per Share

For the Steel subindustry, Samhyun Steel 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.


Samhyun Steel Co's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

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

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



Samhyun Steel 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, Samhyun Steel Co'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)
=12365.862/118.8477*118.8477
=12,365.862

Current CPI (Mar. 2024) = 118.8477.

Samhyun Steel Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 8,215.813 99.353 9,827.891
201409 8,387.538 99.608 10,007.626
201412 8,401.277 99.098 10,075.606
201503 8,268.583 99.720 9,854.614
201506 8,349.508 100.050 9,918.239
201509 8,306.706 100.110 9,861.481
201512 8,360.091 100.220 9,913.965
201603 8,485.134 100.560 10,028.229
201606 8,591.523 100.790 10,130.794
201609 8,694.972 101.460 10,185.072
201612 8,835.630 101.560 10,339.645
201703 8,742.485 102.850 10,102.326
201706 8,794.197 102.610 10,185.850
201709 8,928.068 103.490 10,252.975
201712 9,084.467 102.990 10,483.231
201803 9,091.802 104.100 10,379.825
201806 9,230.311 104.130 10,534.920
201809 9,377.042 105.650 10,548.413
201812 9,381.274 104.350 10,684.646
201903 9,329.232 104.490 10,611.138
201906 9,555.229 104.880 10,827.775
201909 9,542.185 105.200 10,780.102
201912 9,657.322 105.120 10,918.479
202003 9,569.967 105.540 10,776.659
202006 9,654.589 104.870 10,941.410
202009 9,801.820 106.200 10,969.150
202012 9,999.340 105.765 11,236.175
202103 10,267.976 107.357 11,366.963
202106 10,715.887 107.579 11,838.400
202109 11,023.314 108.759 12,045.836
202112 11,401.404 109.676 12,354.806
202203 11,677.314 111.806 12,412.790
202206 11,803.681 114.083 12,296.686
202209 12,048.463 114.831 12,469.876
202212 12,264.060 115.200 12,652.368
202303 12,381.716 116.550 12,625.856
202306 12,445.497 117.140 12,626.942
202309 12,573.580 119.111 12,545.764
202312 12,595.589 118.848 12,595.589
202403 12,365.862 118.848 12,365.862

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


Samhyun Steel Co  (XKRX:017480) 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.

Samhyun Steel Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5010.00/11014.3
=0.45

* 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 Samhyun Steel Co was 0.92. The lowest was 0.29. And the median was 0.54.


Be Aware

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


Samhyun Steel Co Cyclically Adjusted Book per Share Related Terms

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


Samhyun Steel Co (XKRX:017480) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Location 70, Pyeongsan Road, Gyeongsangnam-do 36, Changwon-si, KOR, 641-465
Samhyun Steel Co Ltd is a Korea based company engaged in manufacturing structural steel products. Its product portfolio includes hot rolled coil, plate, shape and other manufactured goods.

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