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Multicampus (XKRX:067280) Cyclically Adjusted Book per Share : ₩21,618.40 (As of Mar. 2024)


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What is Multicampus 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.

Multicampus's adjusted book value per share for the three months ended in Mar. 2024 was ₩32,221.117. 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 ₩21,618.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Multicampus's average Cyclically Adjusted Book Growth Rate was 7.40% 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 5.80% 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 Multicampus was 8.20% per year. The lowest was 1.60% per year. And the median was 3.60% per year.

As of today (2024-06-10), Multicampus's current stock price is ₩33300.00. Multicampus's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩21,618.40. Multicampus's Cyclically Adjusted PB Ratio of today is 1.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Multicampus was 3.39. The lowest was 1.40. And the median was 2.08.


Multicampus Cyclically Adjusted Book per Share Historical Data

The historical data trend for Multicampus'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.

Multicampus Cyclically Adjusted Book per Share Chart

Multicampus 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 16,476.80 16,866.80 17,993.00 19,652.40 21,361.20

Multicampus 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 20,131.80 20,502.90 21,142.50 21,361.20 21,618.40

Competitive Comparison of Multicampus's Cyclically Adjusted Book per Share

For the Education & Training Services subindustry, Multicampus'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.


Multicampus's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Multicampus's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Multicampus 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, Multicampus'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)
=32221.117/118.8477*118.8477
=32,221.117

Current CPI (Mar. 2024) = 118.8477.

Multicampus Quarterly Data

Book Value per Share CPI Adj_Book
201406 18,606.059 99.353 22,256.875
201409 19,238.166 99.608 22,954.098
201412 19,681.755 99.098 23,604.223
201503 19,720.707 99.720 23,503.416
201506 20,230.734 100.050 24,031.746
201509 20,888.736 100.110 24,798.504
201512 10,740.612 100.220 12,736.949
201603 10,718.999 100.560 12,668.341
201606 11,371.513 100.790 13,408.852
201609 11,698.328 101.460 13,703.128
201612 12,913.666 101.560 15,111.850
201703 12,791.230 102.850 14,780.829
201706 13,548.129 102.610 15,692.077
201709 14,077.121 103.490 16,166.136
201712 14,284.304 102.990 16,483.704
201803 14,222.539 104.100 16,237.426
201806 15,285.057 104.130 17,445.442
201809 16,109.936 105.650 18,122.374
201812 16,156.353 104.350 18,401.010
201903 16,314.249 104.490 18,555.948
201906 17,297.664 104.880 19,601.331
201909 17,987.175 105.200 20,320.669
201912 18,618.223 105.120 21,049.591
202003 18,320.419 105.540 20,630.469
202006 18,426.288 104.870 20,882.254
202009 18,859.798 106.200 21,105.872
202012 19,872.757 105.765 22,330.852
202103 19,792.894 107.357 21,911.338
202106 20,773.492 107.579 22,949.562
202109 22,024.465 108.759 24,067.454
202112 23,141.898 109.676 25,077.057
202203 23,450.205 111.806 24,927.177
202206 24,877.767 114.083 25,916.837
202209 26,701.322 114.831 27,635.241
202212 28,530.148 115.200 29,433.477
202303 28,688.927 116.550 29,254.609
202306 30,148.873 117.140 30,588.418
202309 31,569.515 119.111 31,499.676
202312 32,668.986 118.848 32,668.986
202403 32,221.117 118.848 32,221.117

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


Multicampus  (XKRX:067280) 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.

Multicampus's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=33300.00/21618.4
=1.54

* 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 Multicampus was 3.39. The lowest was 1.40. And the median was 2.08.


Be Aware

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


Multicampus Cyclically Adjusted Book per Share Related Terms

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


Multicampus (XKRX:067280) Business Description

Industry
Traded in Other Exchanges
N/A
Address
508, Eonju-ro, Gangnam-gu, 10th-17th Floor, Sangrok Building, Seoul, KOR
Multicampus Corp is a provider of e-learning services for government, businesses, and corporations in Korea. Its business divisions include human resource division and foreign language education division.

Multicampus (XKRX:067280) Headlines

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