GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Won IK Corp (XKRX:032940) » Definitions » Cyclically Adjusted Book per Share

Won IK (XKRX:032940) Cyclically Adjusted Book per Share : ₩8,992.60 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Won IK 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.

Won IK's adjusted book value per share for the three months ended in Mar. 2024 was ₩13,365.552. 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 ₩8,992.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Won IK's average Cyclically Adjusted Book Growth Rate was 15.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.30% 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 Won IK was 16.10% per year. The lowest was 5.60% per year. And the median was 7.10% per year.

As of today (2024-06-20), Won IK's current stock price is ₩5000.00. Won IK's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩8,992.60. Won IK's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Won IK was 1.84. The lowest was 0.37. And the median was 0.73.


Won IK Cyclically Adjusted Book per Share Historical Data

The historical data trend for Won IK'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.

Won IK Cyclically Adjusted Book per Share Chart

Won IK 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 5,374.65 5,604.42 6,344.08 7,456.78 8,765.62

Won IK 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 7,816.47 8,127.74 8,541.65 8,765.62 8,992.60

Competitive Comparison of Won IK's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Won IK'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.


Won IK's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Won IK's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Won IK 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, Won IK'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)
=13365.552/118.8477*118.8477
=13,365.552

Current CPI (Mar. 2024) = 118.8477.

Won IK Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,525.725 99.353 4,217.530
201409 3,557.742 99.608 4,244.935
201412 3,128.756 99.098 3,752.300
201503 3,318.366 99.720 3,954.875
201506 3,237.486 100.050 3,845.755
201509 3,310.292 100.110 3,929.883
201512 2,973.988 100.220 3,526.757
201603 3,147.836 100.560 3,720.297
201606 3,337.612 100.790 3,935.584
201609 8,454.422 101.460 9,903.298
201612 7,771.079 101.560 9,093.884
201703 8,900.741 102.850 10,285.198
201706 9,299.970 102.610 10,771.660
201709 9,493.993 103.490 10,902.882
201712 8,771.490 102.990 10,122.064
201803 11,314.002 104.100 12,916.841
201806 9,507.591 104.130 10,851.391
201809 9,629.511 105.650 10,832.421
201812 3,716.360 104.350 4,232.687
201903 5,301.572 104.490 6,030.047
201906 4,636.349 104.880 5,253.808
201909 4,860.020 105.200 5,490.515
201912 5,732.992 105.120 6,481.668
202003 3,956.559 105.540 4,455.448
202006 5,309.688 104.870 6,017.395
202009 5,003.450 106.200 5,599.327
202012 10,207.222 105.765 11,469.770
202103 10,792.334 107.357 11,947.443
202106 11,473.213 107.579 12,675.058
202109 11,845.542 108.759 12,944.334
202112 11,823.424 109.676 12,812.116
202203 12,101.596 111.806 12,863.795
202206 12,408.121 114.083 12,926.371
202209 12,980.414 114.831 13,434.424
202212 13,943.404 115.200 14,384.884
202303 14,091.881 116.550 14,369.742
202306 14,043.510 117.140 14,248.252
202309 14,205.168 119.111 14,173.743
202312 13,720.073 118.848 13,720.073
202403 13,365.552 118.848 13,365.552

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


Won IK  (XKRX:032940) 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.

Won IK's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5000.00/8992.6
=0.56

* 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 Won IK was 1.84. The lowest was 0.37. And the median was 0.73.


Be Aware

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


Won IK Cyclically Adjusted Book per Share Related Terms

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


Won IK (XKRX:032940) Business Description

Industry
Traded in Other Exchanges
N/A
Address
20, Pangyo-ro 255beon-gil, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 137-070
Won IK Corp is engaged in the semiconductor, construction and leisure, trade distribution, medical health care, finance, and electric and electronics businesses in South Korea. It engages in the research and development, manufacture, and sale of semiconductor, SMC, FPD, solar cell, and TGS equipment; and semiconductor gas and display materials. The company also manufactures and distributes quartz and ceramic parts used in the production of semiconductors, TFT, and LCD.

Won IK (XKRX:032940) Headlines

No Headlines