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KT Alpha Co (XKRX:036030) Cyclically Adjusted Book per Share : ₩6,089.68 (As of Mar. 2024)


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What is KT Alpha 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.

KT Alpha Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩5,146.064. 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 ₩6,089.68 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KT Alpha Co's average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.30% 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 KT Alpha Co was 2.20% per year. The lowest was -0.10% per year. And the median was 0.50% per year.

As of today (2024-06-15), KT Alpha Co's current stock price is ₩5270.00. KT Alpha Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩6,089.68. KT Alpha Co's Cyclically Adjusted PB Ratio of today is 0.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KT Alpha Co was 2.17. The lowest was 0.64. And the median was 0.99.


KT Alpha Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for KT Alpha 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.

KT Alpha Co Cyclically Adjusted Book per Share Chart

KT Alpha 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 5,784.13 5,741.73 5,878.93 6,040.89 6,128.28

KT Alpha 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 6,094.76 6,102.91 6,181.77 6,128.28 6,089.68

Competitive Comparison of KT Alpha Co's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, KT Alpha 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.


KT Alpha Co's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, KT Alpha Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



KT Alpha 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, KT Alpha 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)
=5146.064/118.8477*118.8477
=5,146.064

Current CPI (Mar. 2024) = 118.8477.

KT Alpha Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 5,455.486 99.353 6,525.942
201409 5,538.829 99.608 6,608.677
201412 5,475.726 99.098 6,567.009
201503 5,648.814 99.720 6,732.336
201506 5,777.167 100.050 6,862.599
201509 5,768.112 100.110 6,847.736
201512 5,650.827 100.220 6,701.135
201603 5,673.156 100.560 6,704.868
201606 5,571.075 100.790 6,569.198
201609 5,608.768 101.460 6,569.970
201612 5,663.206 101.560 6,627.206
201703 5,717.304 102.850 6,606.596
201706 5,734.306 102.610 6,641.741
201709 5,700.920 103.490 6,546.925
201712 5,748.213 102.990 6,633.284
201803 5,789.326 104.100 6,609.492
201806 5,838.400 104.130 6,663.598
201809 5,915.251 105.650 6,654.179
201812 5,752.084 104.350 6,551.241
201903 5,779.748 104.490 6,573.928
201906 5,835.409 104.880 6,612.557
201909 5,832.476 105.200 6,589.129
201912 5,741.267 105.120 6,491.023
202003 5,471.671 105.540 6,161.602
202006 5,510.536 104.870 6,245.013
202009 5,588.982 106.200 6,254.592
202012 5,429.554 105.765 6,101.145
202103 5,530.351 107.357 6,122.268
202106 5,481.679 107.579 6,055.897
202109 4,391.215 108.759 4,798.544
202112 4,451.579 109.676 4,823.827
202203 4,565.445 111.806 4,852.992
202206 4,507.105 114.083 4,695.353
202209 4,637.384 114.831 4,799.584
202212 4,605.205 115.200 4,751.016
202303 4,943.510 116.550 5,040.985
202306 5,056.982 117.140 5,130.708
202309 5,144.653 119.111 5,133.272
202312 4,984.091 118.848 4,984.091
202403 5,146.064 118.848 5,146.064

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


KT Alpha Co  (XKRX:036030) 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.

KT Alpha Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5270.00/6089.68
=0.87

* 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 KT Alpha Co was 2.17. The lowest was 0.64. And the median was 0.99.


Be Aware

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


KT Alpha Co Cyclically Adjusted Book per Share Related Terms

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


KT Alpha Co (XKRX:036030) Business Description

Traded in Other Exchanges
N/A
Address
Boramae-ro 5-gil, Samsung Boramae Omni Tower, 23, Dongjak-gu, Seoul, KOR
KT Alpha Co Ltd, formerly KTHitel Co Ltd is engaged in the content distribution, T-commerce, and ICT platform businesses in South Korea. It offers digital content distribution rights to new media platforms, such as IPTV, cable, Internet, and mobile; and K Shopping, a two-way data TV shopping service, as well as ICT solutions and services.

KT Alpha Co (XKRX:036030) Headlines

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