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QSI Co (XKRX:066310) Cyclically Adjusted Book per Share : ₩7,850.93 (As of Mar. 2024)


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What is QSI 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.

QSI Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩9,135.169. 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 ₩7,850.93 for the trailing ten years ended in Mar. 2024.

During the past 12 months, QSI Co's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 QSI Co was 6.80% per year. The lowest was 4.20% per year. And the median was 4.60% per year.

As of today (2024-06-09), QSI Co's current stock price is ₩9260.00. QSI Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩7,850.93. QSI Co's Cyclically Adjusted PB Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of QSI Co was 3.89. The lowest was 0.68. And the median was 1.48.


QSI Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for QSI 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.

QSI Co Cyclically Adjusted Book per Share Chart

QSI 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 6,178.75 6,398.71 6,802.80 7,328.99 7,798.70

QSI 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 7,480.42 7,584.64 7,766.11 7,798.70 7,850.93

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

For the Semiconductor Equipment & Materials subindustry, QSI 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.


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

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

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



QSI 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, QSI 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)
=9135.169/118.8477*118.8477
=9,135.169

Current CPI (Mar. 2024) = 118.8477.

QSI Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 6,006.050 99.353 7,184.536
201409 6,175.221 99.608 7,367.991
201412 6,172.776 99.098 7,402.977
201503 6,246.890 99.720 7,445.131
201506 6,354.052 100.050 7,547.871
201509 6,422.562 100.110 7,624.680
201512 6,328.453 100.220 7,504.710
201603 6,317.365 100.560 7,466.232
201606 6,411.630 100.790 7,560.348
201609 6,299.460 101.460 7,379.029
201612 6,413.446 101.560 7,505.153
201703 6,372.019 102.850 7,363.148
201706 6,479.607 102.610 7,504.984
201709 6,627.052 103.490 7,610.493
201712 6,443.688 102.990 7,435.843
201803 6,428.704 104.100 7,339.449
201806 6,474.675 104.130 7,389.803
201809 6,465.964 105.650 7,273.686
201812 6,365.458 104.350 7,249.833
201903 6,421.684 104.490 7,304.071
201906 6,456.744 104.880 7,316.640
201909 6,538.384 105.200 7,386.615
201912 6,585.981 105.120 7,446.049
202003 6,653.018 105.540 7,491.907
202006 6,741.562 104.870 7,640.118
202009 6,595.519 106.200 7,381.001
202012 6,602.871 105.765 7,419.591
202103 6,665.864 107.357 7,379.315
202106 6,901.715 107.579 7,624.685
202109 7,349.062 108.759 8,030.761
202112 8,035.383 109.676 8,707.313
202203 8,170.990 111.806 8,685.626
202206 8,474.645 114.083 8,828.606
202209 8,688.226 114.831 8,992.110
202212 8,775.912 115.200 9,053.777
202303 9,199.095 116.550 9,380.481
202306 9,377.036 117.140 9,513.745
202309 9,144.416 119.111 9,124.187
202312 9,039.589 118.848 9,039.589
202403 9,135.169 118.848 9,135.169

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


QSI Co  (XKRX:066310) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9260.00/7850.93
=1.18

* 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 QSI Co was 3.89. The lowest was 0.68. And the median was 1.48.


Be Aware

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


QSI Co Cyclically Adjusted Book per Share Related Terms

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


QSI Co (XKRX:066310) Business Description

Industry
Traded in Other Exchanges
N/A
Address
17, Cheonheung 8gil, Sungger-eup, Seobuk-gu, Chungnam-do, Cheonan, KOR, 31044
QSI Co Ltd is a South Korea-based company mainly engaged in the manufacture of semiconductor laser diodes (LDs). The product portfolio of the company includes Red Laser diode and Infra-Red Laser diode.

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