GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Hanbit Soft Inc (XKRX:047080) » Definitions » Cyclically Adjusted Book per Share

Hanbit Soft (XKRX:047080) Cyclically Adjusted Book per Share : ₩821.03 (As of Dec. 2023)


View and export this data going back to 2002. Start your Free Trial

What is Hanbit Soft 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.

Hanbit Soft's adjusted book value per share for the three months ended in Dec. 2023 was ₩404.572. 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 ₩821.03 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Hanbit Soft's average Cyclically Adjusted Book Growth Rate was -1.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.60% 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 Hanbit Soft was 0.40% per year. The lowest was -16.80% per year. And the median was -10.90% per year.

As of today (2024-05-11), Hanbit Soft's current stock price is ₩2000.00. Hanbit Soft's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩821.03. Hanbit Soft's Cyclically Adjusted PB Ratio of today is 2.44.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hanbit Soft was 9.01. The lowest was 1.98. And the median was 3.35.


Hanbit Soft Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hanbit Soft'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.

Hanbit Soft Cyclically Adjusted Book per Share Chart

Hanbit Soft 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 957.47 811.26 797.42 831.89 821.03

Hanbit Soft Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 831.89 835.98 832.28 836.37 821.03

Competitive Comparison of Hanbit Soft's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Hanbit Soft'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.


Hanbit Soft's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

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

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



Hanbit Soft 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, Hanbit Soft's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=404.572/118.8477*118.8477
=404.572

Current CPI (Dec. 2023) = 118.8477.

Hanbit Soft Quarterly Data

Book Value per Share CPI Adj_Book
201403 799.161 99.253 956.933
201406 713.186 99.353 853.125
201409 708.722 99.608 845.615
201412 772.023 99.098 925.883
201503 730.162 99.720 870.217
201506 786.723 100.050 934.535
201509 748.022 100.110 888.030
201512 742.428 100.220 880.422
201603 691.498 100.560 817.253
201606 637.949 100.790 752.245
201609 908.690 101.460 1,064.417
201612 818.957 101.560 958.361
201703 759.367 102.850 877.482
201706 936.112 102.610 1,084.249
201709 905.586 103.490 1,039.973
201712 873.737 102.990 1,008.269
201803 847.495 104.100 967.558
201806 926.496 104.130 1,057.447
201809 918.761 105.650 1,033.532
201812 500.769 104.350 570.343
201903 542.535 104.490 617.083
201906 632.825 104.880 717.103
201909 549.744 105.200 621.063
201912 700.122 105.120 791.551
202003 600.955 105.540 676.730
202006 869.388 104.870 985.265
202009 863.331 106.200 966.148
202012 665.197 105.765 747.476
202103 595.385 107.357 659.109
202106 658.037 107.579 726.968
202109 639.469 108.759 698.786
202112 693.360 109.676 751.340
202203 675.002 111.806 717.516
202206 812.147 114.083 846.068
202209 814.806 114.831 843.305
202212 773.521 115.200 798.012
202303 703.603 116.550 717.476
202306 631.043 117.140 640.243
202309 530.578 119.111 529.404
202312 404.572 118.848 404.572

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


Hanbit Soft  (XKRX:047080) 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.

Hanbit Soft's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2000.00/821.03
=2.44

* 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 Hanbit Soft was 9.01. The lowest was 1.98. And the median was 3.35.


Be Aware

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


Hanbit Soft Cyclically Adjusted Book per Share Related Terms

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


Hanbit Soft (XKRX:047080) Business Description

Traded in Other Exchanges
N/A
Address
5~11F Leaders Star Korea Bldg., 413-9 Sindorim-dong, Guro-gu, Seoul, KOR, 152-888
Hanbit Soft Inc engages in developing and publishing game software. Its products include online and mobile games. It publishes various online games, including The Heaven Of Three Kingdoms, Aika, Granado Espada, FCManager Mobile, The Heros Way, Hellgate: London FPS, World Conquest2, and ClubAudition.

Hanbit Soft (XKRX:047080) Headlines

No Headlines