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YTN Co (XKRX:040300) Cyclically Adjusted Book per Share : ₩5,272.74 (As of Mar. 2024)


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What is YTN 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.

YTN Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩5,547.245. 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 ₩5,272.74 for the trailing ten years ended in Mar. 2024.

During the past 12 months, YTN Co's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.60% 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 YTN Co was 5.60% per year. The lowest was 1.20% per year. And the median was 1.90% per year.

As of today (2024-06-14), YTN Co's current stock price is ₩3580.00. YTN Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩5,272.74. YTN Co's Cyclically Adjusted PB Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of YTN Co was 1.91. The lowest was 0.28. And the median was 0.64.


YTN Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for YTN 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.

YTN Co Cyclically Adjusted Book per Share Chart

YTN 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 4,439.82 4,465.48 4,659.20 5,001.41 5,253.60

YTN 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 5,087.85 5,138.88 5,248.25 5,253.60 5,272.74

Competitive Comparison of YTN Co's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, YTN 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.


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

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

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



YTN 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, YTN 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)
=5547.245/118.8477*118.8477
=5,547.245

Current CPI (Mar. 2024) = 118.8477.

YTN Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.353 0.000
201409 0.000 99.608 0.000
201412 4,444.785 99.098 5,330.607
201503 0.000 99.720 0.000
201506 4,347.220 100.050 5,163.989
201509 4,257.998 100.110 5,054.972
201512 4,224.230 100.220 5,009.380
201603 4,168.703 100.560 4,926.817
201606 4,246.818 100.790 5,007.685
201609 4,127.424 101.460 4,834.761
201612 4,368.717 101.560 5,112.367
201703 4,173.143 102.850 4,822.250
201706 4,301.433 102.610 4,982.121
201709 4,276.425 103.490 4,911.038
201712 4,536.287 102.990 5,234.754
201803 4,466.085 104.100 5,098.789
201806 4,533.239 104.130 5,173.966
201809 4,440.433 105.650 4,995.128
201812 4,478.944 104.350 5,101.219
201903 4,313.018 104.490 4,905.659
201906 4,344.146 104.880 4,922.690
201909 4,283.811 105.200 4,839.554
201912 4,367.732 105.120 4,938.117
202003 4,373.658 105.540 4,925.139
202006 4,442.203 104.870 5,034.286
202009 4,397.951 106.200 4,921.717
202012 4,520.811 105.765 5,079.998
202103 4,415.431 107.357 4,888.017
202106 4,550.233 107.579 5,026.880
202109 4,549.084 108.759 4,971.057
202112 5,759.136 109.676 6,240.723
202203 5,686.510 111.806 6,044.665
202206 5,834.346 114.083 6,078.029
202209 5,846.958 114.831 6,051.464
202212 6,078.498 115.200 6,270.957
202303 5,890.325 116.550 6,006.469
202306 5,918.906 117.140 6,005.199
202309 5,850.980 119.111 5,838.036
202312 5,795.579 118.848 5,795.579
202403 5,547.245 118.848 5,547.245

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


YTN Co  (XKRX:040300) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3580.00/5272.74
=0.68

* 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 YTN Co was 1.91. The lowest was 0.28. And the median was 0.64.


Be Aware

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


YTN Co Cyclically Adjusted Book per Share Related Terms

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


YTN Co (XKRX:040300) Business Description

Traded in Other Exchanges
N/A
Address
6-1, NamDaeMoon-Ro 5, Jung-gu, Seoul, KOR, 100-800
YTN Co Ltd operates in the internet content and information industry in South Korea. The company is engaged in the business of TV advertising and internet mobile advertising.

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