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KL-Net (XKRX:039420) Cyclically Adjusted Book per Share : ₩1,861.38 (As of Mar. 2024)


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What is KL-Net 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.

KL-Net's adjusted book value per share for the three months ended in Mar. 2024 was ₩2,514.036. 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 ₩1,861.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, KL-Net's average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 KL-Net was 9.10% per year. The lowest was 4.50% per year. And the median was 6.10% per year.

As of today (2024-06-20), KL-Net's current stock price is ₩2705.00. KL-Net's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩1,861.38. KL-Net's Cyclically Adjusted PB Ratio of today is 1.45.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KL-Net was 4.23. The lowest was 1.00. And the median was 2.11.


KL-Net Cyclically Adjusted Book per Share Historical Data

The historical data trend for KL-Net'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.

KL-Net Cyclically Adjusted Book per Share Chart

KL-Net 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 1,347.06 1,410.61 1,537.32 1,706.26 1,832.53

KL-Net 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 1,738.33 1,762.44 1,808.75 1,832.53 1,861.38

Competitive Comparison of KL-Net's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, KL-Net'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.


KL-Net's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, KL-Net's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where KL-Net's Cyclically Adjusted PB Ratio falls into.



KL-Net 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, KL-Net'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)
=2514.036/118.8477*118.8477
=2,514.036

Current CPI (Mar. 2024) = 118.8477.

KL-Net Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,140.314 99.353 1,364.062
201409 1,181.373 99.608 1,409.560
201412 1,220.716 99.098 1,463.998
201503 1,273.886 99.720 1,518.235
201506 1,297.419 100.050 1,541.182
201509 1,342.016 100.110 1,593.203
201512 1,326.633 100.220 1,573.212
201603 1,317.762 100.560 1,557.408
201606 1,310.277 100.790 1,545.028
201609 1,295.755 101.460 1,517.815
201612 1,369.295 101.560 1,602.379
201703 1,396.321 102.850 1,613.510
201706 1,449.178 102.610 1,678.506
201709 1,472.635 103.490 1,691.171
201712 1,483.522 102.990 1,711.945
201803 1,468.294 104.100 1,676.305
201806 1,500.581 104.130 1,712.673
201809 1,546.172 105.650 1,739.318
201812 1,545.978 104.350 1,760.766
201903 1,551.772 104.490 1,764.997
201906 1,582.633 104.880 1,793.405
201909 1,617.327 105.200 1,827.144
201912 1,637.650 105.120 1,851.512
202003 1,577.232 105.540 1,776.108
202006 1,663.069 104.870 1,884.733
202009 1,712.427 106.200 1,916.365
202012 1,784.713 105.765 2,005.467
202103 1,806.142 107.357 1,999.454
202106 1,865.979 107.579 2,061.444
202109 1,942.667 108.759 2,122.869
202112 2,012.425 109.676 2,180.707
202203 2,002.302 111.806 2,128.414
202206 2,135.470 114.083 2,224.662
202209 2,173.536 114.831 2,249.559
202212 2,251.131 115.200 2,322.407
202303 2,185.293 116.550 2,228.382
202306 2,344.016 117.140 2,378.190
202309 2,458.362 119.111 2,452.924
202312 2,502.219 118.848 2,502.219
202403 2,514.036 118.848 2,514.036

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


KL-Net  (XKRX:039420) 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.

KL-Net's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2705.00/1861.38
=1.45

* 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 KL-Net was 4.23. The lowest was 1.00. And the median was 2.11.


Be Aware

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


KL-Net Cyclically Adjusted Book per Share Related Terms

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


KL-Net (XKRX:039420) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » KL-Net Corp (XKRX:039420) » Definitions » Cyclically Adjusted Book per Share
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Address
680-1 Yeoksan-Dong, Kangnam-Gu, Seoul, KOR, 135-080
KL-Net Corp is a South Korean company engaged in offering information technology services. The services offered by the company include electronic logistics, IT consulting, system integration, IT outsourcing, transportation logistics, and big data.

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