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HS Valve Co (XKRX:039610) Cyclically Adjusted Book per Share : ₩7,590.16 (As of Mar. 2024)


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What is HS Valve 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.

HS Valve Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩8,692.631. 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 ₩7,590.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, HS Valve Co's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% 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 HS Valve Co was 9.50% per year. The lowest was 7.80% per year. And the median was 7.95% per year.

As of today (2024-06-14), HS Valve Co's current stock price is ₩8240.00. HS Valve Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩7,590.16. HS Valve Co's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of HS Valve Co was 2.93. The lowest was 0.56. And the median was 0.96.


HS Valve Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for HS Valve 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.

HS Valve Co Cyclically Adjusted Book per Share Chart

HS Valve Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,621.04 5,995.63 6,519.32 7,090.46 7,534.87

HS Valve 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 7,226.84 7,319.68 7,496.44 7,534.87 7,590.16

Competitive Comparison of HS Valve Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, HS Valve 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.


HS Valve Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, HS Valve Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



HS Valve 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, HS Valve 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)
=8692.631/118.8477*118.8477
=8,692.631

Current CPI (Mar. 2024) = 118.8477.

HS Valve Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 5,446.874 99.253 6,522.205
201406 5,759.856 99.353 6,890.035
201409 5,823.696 99.608 6,948.567
201412 5,861.451 99.098 7,029.607
201503 5,823.614 99.720 6,940.665
201506 5,892.207 100.050 6,999.253
201509 5,923.196 100.110 7,031.847
201512 5,934.194 100.220 7,037.171
201603 5,971.972 100.560 7,058.026
201606 6,004.106 100.790 7,079.811
201609 6,018.621 101.460 7,050.062
201612 6,110.099 101.560 7,150.169
201703 6,156.377 102.850 7,113.964
201706 6,180.537 102.610 7,158.587
201709 6,311.466 103.490 7,248.074
201803 6,274.858 104.100 7,163.808
201806 6,365.794 104.130 7,265.533
201809 6,391.311 105.650 7,189.708
201812 6,637.563 104.350 7,559.742
201903 6,776.260 104.490 7,707.368
201906 6,901.744 104.880 7,820.904
201909 6,931.000 105.200 7,830.165
201912 6,985.373 105.120 7,897.598
202003 7,002.796 105.540 7,885.789
202006 7,042.625 104.870 7,981.308
202009 7,059.821 106.200 7,900.598
202012 7,174.955 105.765 8,062.437
202103 7,288.098 107.357 8,068.147
202106 7,316.063 107.579 8,082.437
202109 7,305.798 108.759 7,983.484
202112 7,464.804 109.676 8,089.022
202203 7,602.425 111.806 8,081.251
202206 7,586.485 114.083 7,903.350
202209 7,585.963 114.831 7,851.294
202212 7,732.041 115.200 7,976.855
202303 8,017.930 116.550 8,176.026
202306 8,208.283 117.140 8,327.953
202309 8,366.177 119.111 8,347.669
202312 8,503.101 118.848 8,503.101
202403 8,692.631 118.848 8,692.631

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


HS Valve Co  (XKRX:039610) 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.

HS Valve Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8240.00/7590.16
=1.09

* 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 HS Valve Co was 2.93. The lowest was 0.56. And the median was 0.96.


Be Aware

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


HS Valve Co Cyclically Adjusted Book per Share Related Terms

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


HS Valve Co (XKRX:039610) Business Description

Industry
Traded in Other Exchanges
N/A
Address
29, Paldal-ro 2-gil, Seo-gu, Daegu, KOR, 703-825
HS Valve Co Ltd is a Korea based company engaged in manufacturing various kinds of valves. Its product portfolio includes floating ball valves, trunnion mounted ball valves, welded ball valves, gate valves, globe valves and check valves.

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