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Meere Co (XKRX:049950) Cyclically Adjusted Book per Share : ₩14,814.09 (As of Mar. 2025)


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What is Meere 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.

Meere Co's adjusted book value per share for the three months ended in Mar. 2025 was ₩15,259.325. 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 ₩14,814.09 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Meere Co's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.60% 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 Meere Co was 10.00% per year. The lowest was 8.30% per year. And the median was 9.10% per year.

As of today (2025-06-02), Meere Co's current stock price is ₩16920.00. Meere Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩14,814.09. Meere Co's Cyclically Adjusted PB Ratio of today is 1.14.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Meere Co was 17.02. The lowest was 1.02. And the median was 2.84.


Meere Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Meere 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.

Meere Co Cyclically Adjusted Book per Share Chart

Meere 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 10,517.25 11,428.36 12,532.24 13,612.27 14,498.84

Meere 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 13,913.46 14,061.82 14,306.16 14,498.84 14,814.09

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

For the Semiconductor Equipment & Materials subindustry, Meere 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.


Meere Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Meere Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Meere 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, Meere 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)
=15259.325/122.5900*122.5900
=15,259.325

Current CPI (Mar. 2025) = 122.5900.

Meere Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 7,893.520 100.051 9,671.763
201509 8,093.844 100.111 9,911.262
201512 8,147.578 100.220 9,966.150
201603 8,181.071 100.561 9,973.235
201606 8,460.986 100.791 10,290.952
201609 8,629.537 101.461 10,426.596
201612 8,986.807 101.561 10,847.564
201703 9,510.429 102.851 11,335.699
201706 11,223.397 102.611 13,408.623
201709 12,352.858 103.491 14,632.617
201712 12,808.889 102.991 15,246.427
201803 11,261.030 104.101 13,261.086
201806 13,418.767 104.130 15,797.579
201809 13,634.826 105.651 15,820.969
201812 13,527.563 104.351 15,892.025
201903 13,011.512 104.491 15,265.265
201906 14,121.622 104.881 16,506.052
201909 14,452.489 105.200 16,841.498
201912 14,640.544 105.121 17,073.460
202003 13,814.459 105.354 16,074.485
202006 13,560.893 105.112 15,815.825
202009 13,053.810 106.198 15,068.764
202012 12,185.766 105.765 14,124.213
202103 12,313.880 107.357 14,061.083
202106 12,512.379 107.579 14,258.343
202109 13,588.213 108.759 15,316.213
202112 13,497.883 109.676 15,087.161
202203 14,675.825 111.848 16,085.307
202206 16,009.948 114.072 17,205.400
202209 16,331.558 114.715 17,452.648
202212 17,252.865 115.179 18,362.940
202303 17,269.896 116.507 18,171.520
202306 17,201.857 117.182 17,995.715
202309 17,725.494 118.964 18,265.825
202312 16,809.607 118.837 17,340.458
202403 16,057.368 120.123 16,387.115
202406 15,926.405 120.007 16,269.160
202409 15,483.609 120.861 15,705.087
202412 15,897.092 121.135 16,088.012
202503 15,259.325 122.590 15,259.325

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


Meere Co  (XKRX:049950) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16920.00/14814.09
=1.14

* 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 Meere Co was 17.02. The lowest was 1.02. And the median was 2.84.


Be Aware

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


Meere Co Cyclically Adjusted Book per Share Related Terms

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


Meere Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
69-12, Jeongmunsongsan-ro, Yanggam-Myeon, Hwaseong, Gyeonggi, KOR
Meere Co Inc designs & develops components & equipment for liquid crystal display, semi-conductor automation & solar battery. Its products include grinder, inspection, laser machine, wafer sorter, auto packing machine, memory repair, three dimensional (3D) thickness metrology and 3-dimensional surface profiler, laser scriber, cell counter, surgical robot, and time of flight 3D range camera.

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