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Korea Computer (XKRX:054040) Cyclically Adjusted Book per Share : ₩7,431.30 (As of Mar. 2024)


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What is Korea Computer 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.

Korea Computer's adjusted book value per share for the three months ended in Mar. 2024 was ₩9,890.859. 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 ₩7,431.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Korea Computer's average Cyclically Adjusted Book Growth Rate was 7.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.70% 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 Korea Computer was 8.20% per year. The lowest was 4.60% per year. And the median was 5.60% per year.

As of today (2024-06-04), Korea Computer's current stock price is ₩5540.00. Korea Computer's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩7,431.30. Korea Computer's Cyclically Adjusted PB Ratio of today is 0.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Korea Computer was 1.24. The lowest was 0.32. And the median was 0.66.


Korea Computer Cyclically Adjusted Book per Share Historical Data

The historical data trend for Korea Computer'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.

Korea Computer Cyclically Adjusted Book per Share Chart

Korea Computer 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 5,573.74 5,799.48 6,253.27 6,786.77 7,342.92

Korea Computer 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 6,944.26 7,060.30 7,267.06 7,342.92 7,431.30

Competitive Comparison of Korea Computer's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Korea Computer'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.


Korea Computer's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Korea Computer's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Korea Computer 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, Korea Computer'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)
=9890.859/118.8477*118.8477
=9,890.859

Current CPI (Mar. 2024) = 118.8477.

Korea Computer Quarterly Data

Book Value per Share CPI Adj_Book
201406 5,329.648 99.353 6,375.413
201409 5,453.788 99.608 6,507.210
201412 5,593.199 99.098 6,707.894
201503 5,563.930 99.720 6,631.170
201506 5,634.669 100.050 6,693.328
201509 5,821.511 100.110 6,911.130
201512 6,031.261 100.220 7,152.280
201603 6,006.008 100.560 7,098.252
201606 6,102.462 100.790 7,195.789
201609 6,166.642 101.460 7,223.450
201612 6,354.044 101.560 7,435.639
201703 6,199.599 102.850 7,163.909
201706 5,998.792 102.610 6,948.081
201709 5,958.002 103.490 6,842.157
201712 6,195.450 102.990 7,149.383
201803 5,881.082 104.100 6,714.247
201806 5,685.490 104.130 6,489.075
201809 5,840.076 105.650 6,569.613
201812 5,660.168 104.350 6,446.554
201903 5,531.529 104.490 6,291.602
201906 5,755.803 104.880 6,522.349
201909 6,149.707 105.200 6,947.515
201912 6,151.312 105.120 6,954.616
202003 6,078.384 105.540 6,844.817
202006 6,043.816 104.870 6,849.372
202009 6,105.802 106.200 6,832.962
202012 6,664.380 105.765 7,488.708
202103 6,722.483 107.357 7,441.994
202106 6,786.168 107.579 7,497.034
202109 7,184.980 108.759 7,851.459
202112 7,531.940 109.676 8,161.772
202203 7,512.501 111.806 7,985.663
202206 7,698.117 114.083 8,019.645
202209 8,510.671 114.831 8,808.345
202212 8,504.812 115.200 8,774.094
202303 8,641.993 116.550 8,812.394
202306 9,116.237 117.140 9,249.144
202309 9,731.318 119.111 9,709.790
202312 10,063.339 118.848 10,063.339
202403 9,890.859 118.848 9,890.859

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


Korea Computer  (XKRX:054040) 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.

Korea Computer's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5540.00/7431.3
=0.75

* 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 Korea Computer was 1.24. The lowest was 0.32. And the median was 0.66.


Be Aware

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


Korea Computer Cyclically Adjusted Book per Share Related Terms

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


Korea Computer (XKRX:054040) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2nd Floor, 485-1 Daeheung-dong, Mapo-gu, Seoul, KOR, 730-350
Korea Computer Inc is engaged in providing electronic manufacturing services in South Korea. The company is involved in the manufacture of printed circuit boards, LCD/CDT monitors, LCD modules, printer, and office automation products, and banking terminal and information products. It serves enterprises and venture companies.

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