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Seoul Auction Co (XKRX:063170) Cyclically Adjusted Book per Share : ₩5,492.30 (As of Mar. 2024)


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What is Seoul Auction 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.

Seoul Auction Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩6,954.188. 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 ₩5,492.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Seoul Auction Co's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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 Seoul Auction Co was 9.50% per year. The lowest was 3.20% per year. And the median was 6.60% per year.

As of today (2024-05-22), Seoul Auction Co's current stock price is ₩8840.00. Seoul Auction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩5,492.30. Seoul Auction Co's Cyclically Adjusted PB Ratio of today is 1.61.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seoul Auction Co was 8.21. The lowest was 0.79. And the median was 2.39.


Seoul Auction Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seoul Auction 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.

Seoul Auction Co Cyclically Adjusted Book per Share Chart

Seoul Auction 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 4,073.96 4,130.31 4,397.50 4,928.43 5,416.47

Seoul Auction 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 5,069.61 5,179.64 5,355.42 5,416.47 5,492.30

Competitive Comparison of Seoul Auction Co's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Seoul Auction 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.


Seoul Auction Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Seoul Auction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Seoul Auction 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, Seoul Auction 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)
=6954.188/118.8477*118.8477
=6,954.188

Current CPI (Mar. 2024) = 118.8477.

Seoul Auction Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,294.015 99.353 3,940.355
201409 3,322.683 99.608 3,964.473
201412 3,477.708 99.098 4,170.797
201503 3,502.990 99.720 4,174.913
201506 3,727.683 100.050 4,428.051
201509 3,772.723 100.110 4,478.868
201512 4,191.185 100.220 4,970.193
201603 4,179.798 100.560 4,939.930
201606 4,406.884 100.790 5,196.428
201609 4,409.524 101.460 5,165.206
201612 4,479.765 101.560 5,242.318
201703 4,302.477 102.850 4,971.701
201706 4,378.632 102.610 5,071.536
201709 4,389.711 103.490 5,041.135
201712 4,460.604 102.990 5,147.417
201803 4,426.301 104.100 5,053.369
201806 4,643.741 104.130 5,300.086
201809 4,849.601 105.650 5,455.409
201812 4,807.287 104.350 5,475.180
201903 4,766.424 104.490 5,421.366
201906 4,729.614 104.880 5,359.494
201909 4,580.312 105.200 5,174.520
201912 4,344.243 105.120 4,911.561
202003 4,289.528 105.540 4,830.401
202006 4,298.730 104.870 4,871.690
202009 4,307.522 106.200 4,820.519
202012 4,134.083 105.765 4,645.435
202103 4,327.428 107.357 4,790.595
202106 4,732.658 107.579 5,228.415
202109 5,055.124 108.759 5,524.037
202112 5,456.018 109.676 5,912.258
202203 7,087.748 111.806 7,534.158
202206 7,177.222 114.083 7,476.993
202209 7,258.924 114.831 7,512.816
202212 7,374.614 115.200 7,608.111
202303 7,130.575 116.550 7,271.174
202306 7,207.490 117.140 7,312.569
202309 7,425.989 119.111 7,409.561
202312 6,934.916 118.848 6,934.916
202403 6,954.188 118.848 6,954.188

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


Seoul Auction Co  (XKRX:063170) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8840.00/5492.3
=1.61

* 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 Seoul Auction Co was 8.21. The lowest was 0.79. And the median was 2.39.


Be Aware

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


Seoul Auction Co Cyclically Adjusted Book per Share Related Terms

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


Seoul Auction Co (XKRX:063170) Business Description

Traded in Other Exchanges
N/A
Address
98, Pyeongchang-dong, Jongno-gu, SEOUL, KOR, 110-846
Seoul Auction Co Ltd is a Korea-based company engaged in the art auction business. Its services include exhibition curating, rental of space, art storage, corporate artworks, art collateral loans, academy, and valuation of Chinese art.

Seoul Auction Co (XKRX:063170) Headlines

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