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Polaris Office (XKRX:041020) Cyclically Adjusted Book per Share : ₩1,629.40 (As of Mar. 2025)


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What is Polaris Office 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.

Polaris Office's adjusted book value per share for the three months ended in Mar. 2025 was ₩1,814.173. 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 ₩1,629.40 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Polaris Office's average Cyclically Adjusted Book Growth Rate was -15.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -9.20% 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 Polaris Office was -2.20% per year. The lowest was -10.40% per year. And the median was -7.50% per year.

As of today (2025-06-02), Polaris Office's current stock price is ₩5480.00. Polaris Office's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩1,629.40. Polaris Office's Cyclically Adjusted PB Ratio of today is 3.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Polaris Office was 4.91. The lowest was 0.35. And the median was 0.70.


Polaris Office Cyclically Adjusted Book per Share Historical Data

The historical data trend for Polaris Office'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.

Polaris Office Cyclically Adjusted Book per Share Chart

Polaris Office Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,519.84 2,332.97 2,252.73 1,988.74 1,676.37

Polaris Office Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1,923.11 1,827.11 1,743.42 1,676.37 1,629.40

Competitive Comparison of Polaris Office's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Polaris Office'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.


Polaris Office's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


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Polaris Office 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, Polaris Office's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1814.173/122.5900*122.5900
=1,814.173

Current CPI (Mar. 2025) = 122.5900.

Polaris Office Quarterly Data

Book Value per Share CPI Adj_Book
201506 3,360.912 100.051 4,118.054
201509 3,121.750 100.111 3,822.718
201512 2,758.250 100.220 3,373.903
201603 2,503.872 100.561 3,052.376
201606 2,146.933 100.791 2,611.278
201609 1,842.469 101.461 2,226.154
201612 1,484.712 101.561 1,792.128
201703 1,696.626 102.851 2,022.248
201706 1,370.708 102.611 1,637.589
201709 1,243.111 103.491 1,472.531
201712 1,162.566 102.991 1,383.803
201803 1,317.251 104.101 1,551.206
201806 1,292.046 104.130 1,521.093
201809 1,278.050 105.651 1,482.966
201812 998.999 104.351 1,173.613
201903 997.739 104.491 1,170.560
201906 945.560 104.881 1,105.217
201909 931.488 105.200 1,085.464
201912 746.224 105.121 870.229
202003 765.772 105.354 891.051
202006 770.385 105.112 898.486
202009 922.871 106.198 1,065.323
202012 883.898 105.765 1,024.504
202103 931.145 107.357 1,063.264
202106 984.311 107.579 1,121.661
202109 936.191 108.759 1,055.245
202112 1,013.346 109.676 1,132.660
202203 1,066.617 111.848 1,169.056
202206 1,312.122 114.072 1,410.097
202209 1,298.181 114.715 1,387.295
202212 1,337.882 115.179 1,423.963
202303 1,909.734 116.507 2,009.437
202306 1,354.656 117.182 1,417.173
202309 1,369.742 118.964 1,411.496
202312 1,304.854 118.837 1,346.062
202403 1,362.383 120.123 1,390.360
202406 1,389.104 120.007 1,418.999
202409 1,418.964 120.861 1,439.261
202412 1,791.709 121.135 1,813.227
202503 1,814.173 122.590 1,814.173

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


Polaris Office  (XKRX:041020) 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.

Polaris Office's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5480.00/1629.40
=3.36

* 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 Polaris Office was 4.91. The lowest was 0.35. And the median was 0.70.


Be Aware

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


Polaris Office Cyclically Adjusted Book per Share Related Terms

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


Polaris Office Business Description

Industry
Traded in Other Exchanges
N/A
Address
19, Gasan Digital 1-ro, 19th Floor, 18Cha, Daeryung Techno Town, Geumcheon-gu, Seoul, KOR
Polaris Office Corp is a South Korean company operating in the software application industry. The company develops software like POLARIS OFFICE, POLARIS meeting, POLARIS print, and POLARIS scan.

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