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S.M Entertainment Co (XKRX:041510) Cyclically Adjusted Book per Share : ₩24,156.36 (As of Mar. 2025)


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What is S.M Entertainment 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.

S.M Entertainment Co's adjusted book value per share for the three months ended in Mar. 2025 was ₩39,661.110. 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 ₩24,156.36 for the trailing ten years ended in Mar. 2025.

During the past 12 months, S.M Entertainment Co's average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.00% 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 S.M Entertainment Co was 15.70% per year. The lowest was 11.80% per year. And the median was 14.05% per year.

As of today (2025-06-01), S.M Entertainment Co's current stock price is ₩128300.00. S.M Entertainment Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩24,156.36. S.M Entertainment Co's Cyclically Adjusted PB Ratio of today is 5.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of S.M Entertainment Co was 7.82. The lowest was 1.51. And the median was 3.73.


S.M Entertainment Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for S.M Entertainment 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.

S.M Entertainment Co Cyclically Adjusted Book per Share Chart

S.M Entertainment Co 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 14,389.40 16,637.98 18,903.03 21,277.10 23,251.33

S.M Entertainment Co 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 21,907.07 22,292.38 22,831.94 23,251.33 24,156.36

Competitive Comparison of S.M Entertainment Co's Cyclically Adjusted Book per Share

For the Entertainment subindustry, S.M Entertainment 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.


S.M Entertainment Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, S.M Entertainment Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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S.M Entertainment 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, S.M Entertainment Co'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)
=39661.11/122.5900*122.5900
=39,661.110

Current CPI (Mar. 2025) = 122.5900.

S.M Entertainment Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 12,445.125 100.051 15,248.748
201509 13,664.742 100.111 16,733.067
201512 13,668.850 100.220 16,719.793
201603 15,108.133 100.561 18,417.755
201606 15,320.182 100.791 18,633.675
201609 15,438.364 101.461 18,653.328
201612 15,144.025 101.561 18,279.660
201703 14,722.602 102.851 17,548.209
201706 14,997.503 102.611 17,917.558
201709 15,872.531 103.491 18,801.857
201712 15,965.375 102.991 19,003.594
201803 16,525.920 104.101 19,461.066
201806 17,893.918 104.130 21,066.062
201809 18,051.318 105.651 20,945.581
201812 18,450.420 104.351 21,675.341
201903 19,054.285 104.491 22,354.720
201906 19,259.291 104.881 22,511.215
201909 19,864.741 105.200 23,148.400
201912 18,970.342 105.121 22,122.769
202003 19,075.538 105.354 22,196.269
202006 19,116.731 105.112 22,295.499
202009 19,030.082 106.198 21,967.519
202012 18,686.138 105.765 21,658.630
202103 19,323.110 107.357 22,064.846
202106 20,970.541 107.579 23,896.747
202109 22,050.958 108.759 24,855.157
202112 26,333.602 109.676 29,434.192
202203 27,274.591 111.848 29,894.072
202206 28,075.696 114.072 30,172.089
202209 29,346.649 114.715 31,361.167
202212 29,467.129 115.179 31,363.088
202303 28,742.792 116.507 30,243.391
202306 29,584.292 117.182 30,949.593
202309 32,644.172 118.964 33,639.273
202312 30,824.976 118.837 31,798.435
202403 29,811.746 120.123 30,423.948
202406 29,424.788 120.007 30,058.044
202409 29,274.519 120.861 29,693.262
202412 29,036.802 121.135 29,385.526
202503 39,661.110 122.590 39,661.110

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


S.M Entertainment Co  (XKRX:041510) 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.

S.M Entertainment Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=128300.00/24156.36
=5.31

* 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 S.M Entertainment Co was 7.82. The lowest was 1.51. And the median was 3.73.


Be Aware

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


S.M Entertainment Co Cyclically Adjusted Book per Share Related Terms

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


S.M Entertainment Co Business Description

Traded in Other Exchanges
N/A
Address
423, Apgujeong-ro, Gangnam-gu, Seoul, KOR, 135-906
S.M Entertainment Co is engaged in the media industry in Korea. Its business involves recording and production of music. It also distributes its music and videos through the medium of internet. Apart from its core operations, the company ventures into management, casting and training for artists.

S.M Entertainment Co Headlines

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