GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Cowell Fashion Co Ltd (XKRX:033290) » Definitions » Cyclically Adjusted Book per Share

Cowell Fashion Co (XKRX:033290) Cyclically Adjusted Book per Share : ₩5,315.13 (As of Dec. 2023)


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

What is Cowell Fashion 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.

Cowell Fashion Co's adjusted book value per share for the three months ended in Dec. 2023 was ₩6,256.839. 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 ₩5,315.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Cowell Fashion Co's average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 Cowell Fashion Co was 10.80% per year. The lowest was -4.10% per year. And the median was 2.80% per year.

As of today (2024-05-15), Cowell Fashion Co's current stock price is ₩3180.00. Cowell Fashion Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩5,315.13. Cowell Fashion Co's Cyclically Adjusted PB Ratio of today is 0.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cowell Fashion Co was 1.02. The lowest was 0.32. And the median was 0.63.


Cowell Fashion Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Cowell Fashion 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.

Cowell Fashion Co Cyclically Adjusted Book per Share Chart

Cowell Fashion 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 3,815.81 3,911.38 4,264.58 4,876.21 5,315.13

Cowell Fashion Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4,876.21 5,039.60 5,146.06 5,316.76 5,315.13

Competitive Comparison of Cowell Fashion Co's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Cowell Fashion 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.


Cowell Fashion Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Cowell Fashion Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cowell Fashion 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, Cowell Fashion Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=6256.839/118.8477*118.8477
=6,256.839

Current CPI (Dec. 2023) = 118.8477.

Cowell Fashion Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 4,479.484 99.253 5,363.832
201406 4,357.764 99.353 5,212.829
201409 4,131.987 99.608 4,930.097
201412 4,256.366 99.098 5,104.637
201503 1,320.333 99.720 1,573.591
201506 1,911.701 100.050 2,270.877
201509 1,951.957 100.110 2,317.307
201512 1,965.421 100.220 2,330.730
201603 2,051.855 100.560 2,425.002
201606 2,106.223 100.790 2,483.577
201609 2,201.439 101.460 2,578.710
201612 2,245.218 101.560 2,627.402
201703 2,399.190 102.850 2,772.370
201706 2,531.674 102.610 2,932.303
201709 2,681.683 103.490 3,079.639
201712 2,925.542 102.990 3,375.997
201803 3,091.174 104.100 3,529.096
201806 3,320.063 104.130 3,789.320
201809 3,475.808 105.650 3,910.003
201812 3,699.606 104.350 4,213.605
201903 3,851.489 104.490 4,380.712
201906 4,089.028 104.880 4,633.596
201909 4,190.385 105.200 4,734.008
201912 4,375.916 105.120 4,947.370
202003 4,468.726 105.540 5,032.194
202006 4,833.823 104.870 5,478.104
202009 5,043.297 106.200 5,643.919
202012 6,185.163 105.765 6,950.216
202103 7,240.926 107.357 8,015.926
202106 7,617.707 107.579 8,415.679
202109 7,751.814 108.759 8,470.872
202112 8,072.502 109.676 8,747.536
202203 8,255.364 111.806 8,775.314
202206 8,633.717 114.083 8,994.322
202209 8,611.473 114.831 8,912.672
202212 9,035.170 115.200 9,321.244
202303 9,099.661 116.550 9,279.086
202306 9,338.742 117.140 9,474.893
202309 9,340.501 119.111 9,319.838
202312 6,256.839 118.848 6,256.839

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


Cowell Fashion Co  (XKRX:033290) 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.

Cowell Fashion Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3180.00/5315.13
=0.60

* 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 Cowell Fashion Co was 1.02. The lowest was 0.32. And the median was 0.63.


Be Aware

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


Cowell Fashion Co Cyclically Adjusted Book per Share Related Terms

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


Cowell Fashion Co (XKRX:033290) Business Description

Traded in Other Exchanges
N/A
Address
PDC, A/9F, 242, Pangyo-ro, Bundang-gu, Gyeonggi-Do, Seongnam-si, KOR
Cowell Fashion Co Ltd is engaged in manufacturing clothes and undergarments for men and women in South Korea. It offers underwear, sportswear, golf wear, socks, as well as other miscellaneous goods through online and offline distribution channels.

Cowell Fashion Co (XKRX:033290) Headlines

No Headlines