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INKTECH Co (XKRX:049550) Cyclically Adjusted Book per Share : ₩3,311.16 (As of Mar. 2024)


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What is INKTECH 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.

INKTECH Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩3,809.173. 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 ₩3,311.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, INKTECH Co's average Cyclically Adjusted Book Growth Rate was -5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -3.50% 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 INKTECH Co was -1.60% per year. The lowest was -5.50% per year. And the median was -3.00% per year.

As of today (2024-06-21), INKTECH Co's current stock price is ₩4000.00. INKTECH Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩3,311.16. INKTECH Co's Cyclically Adjusted PB Ratio of today is 1.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of INKTECH Co was 2.60. The lowest was 0.65. And the median was 1.15.


INKTECH Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for INKTECH 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.

INKTECH Co Cyclically Adjusted Book per Share Chart

INKTECH 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 3,841.99 3,539.59 3,432.03 3,503.90 3,375.10

INKTECH 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 3,502.11 3,454.21 3,449.28 3,375.10 3,311.16

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

For the Specialty Chemicals subindustry, INKTECH 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.


INKTECH Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, INKTECH Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



INKTECH 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, INKTECH 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)
=3809.173/118.8477*118.8477
=3,809.173

Current CPI (Mar. 2024) = 118.8477.

INKTECH Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 5,068.861 99.353 6,063.455
201409 4,886.410 99.608 5,830.240
201412 4,325.972 99.098 5,188.115
201503 4,177.305 99.720 4,978.571
201506 3,926.623 100.050 4,664.369
201509 3,671.485 100.110 4,358.681
201512 2,328.010 100.220 2,760.713
201603 2,204.071 100.560 2,604.900
201606 2,252.012 100.790 2,655.486
201609 2,327.940 101.460 2,726.891
201612 2,252.263 101.560 2,635.647
201703 1,894.178 102.850 2,188.806
201706 1,600.932 102.610 1,854.274
201709 3,365.792 103.490 3,865.269
201712 2,710.465 102.990 3,127.804
201803 2,717.030 104.100 3,101.948
201806 2,666.795 104.130 3,043.719
201809 2,602.601 105.650 2,927.716
201812 2,461.118 104.350 2,803.049
201903 2,466.702 104.490 2,805.645
201906 2,464.344 104.880 2,792.540
201909 2,494.464 105.200 2,818.073
201912 2,247.749 105.120 2,541.284
202003 2,237.111 105.540 2,519.192
202006 2,210.697 104.870 2,505.352
202009 2,296.213 106.200 2,569.676
202012 2,263.436 105.765 2,543.404
202103 2,120.269 107.357 2,347.203
202106 2,857.200 107.579 3,156.498
202109 2,904.093 108.759 3,173.477
202112 2,985.105 109.676 3,234.724
202203 3,065.664 111.806 3,258.750
202206 3,127.890 114.083 3,258.533
202209 3,174.789 114.831 3,285.832
202212 3,570.156 115.200 3,683.195
202303 3,613.346 116.550 3,684.593
202306 3,626.051 117.140 3,678.916
202309 3,673.117 119.111 3,664.991
202312 3,735.662 118.848 3,735.662
202403 3,809.173 118.848 3,809.173

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


INKTECH Co  (XKRX:049550) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=4000.00/3311.16
=1.21

* 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 INKTECH Co was 2.60. The lowest was 0.65. And the median was 1.15.


Be Aware

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


INKTECH Co Cyclically Adjusted Book per Share Related Terms

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


INKTECH Co (XKRX:049550) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1124 Shingil-dong, Danwon-gu, Ansan, Gyeonggi, KOR, 425-839
INKTECH Co Ltd is a South Korean company engaged in inktec business, digital printing, and printed electronic business. The activities of the company include development of conductive inks for touch screen panel, EMI shielding, printed memory, and display.

INKTECH Co (XKRX:049550) Headlines

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