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InnoWireless Co (XKRX:073490) Cyclically Adjusted Book per Share : ₩16,129.50 (As of Mar. 2024)


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What is InnoWireless 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.

InnoWireless Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩21,081.892. 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 ₩16,129.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, InnoWireless Co's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 InnoWireless Co was 7.50% per year. The lowest was 3.00% per year. And the median was 5.50% per year.

As of today (2024-06-13), InnoWireless Co's current stock price is ₩23550.00. InnoWireless Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩16,129.50. InnoWireless Co's Cyclically Adjusted PB Ratio of today is 1.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of InnoWireless Co was 5.34. The lowest was 0.80. And the median was 2.02.


InnoWireless Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for InnoWireless 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.

InnoWireless Co Cyclically Adjusted Book per Share Chart

InnoWireless 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 12,260.80 12,886.30 13,844.80 14,957.70 15,990.80

InnoWireless 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 15,288.40 15,496.50 15,877.50 15,990.80 16,129.50

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

For the Communication Equipment subindustry, InnoWireless 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.


InnoWireless Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



InnoWireless 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, InnoWireless 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)
=21081.892/118.8477*118.8477
=21,081.892

Current CPI (Mar. 2024) = 118.8477.

InnoWireless Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 13,064.967 99.353 15,628.529
201409 13,810.713 99.608 16,478.310
201412 13,432.017 99.098 16,108.946
201503 12,745.170 99.720 15,189.873
201506 12,557.091 100.050 14,916.356
201509 12,862.595 100.110 15,270.101
201512 12,807.994 100.220 15,188.591
201603 12,857.882 100.560 15,196.198
201606 12,558.834 100.790 14,808.895
201609 12,053.919 101.460 14,119.658
201612 11,194.450 101.560 13,099.987
201703 11,207.232 102.850 12,950.450
201706 10,728.160 102.610 12,425.857
201709 10,453.936 103.490 12,005.278
201712 11,013.376 102.990 12,709.141
201803 10,810.954 104.100 12,342.527
201806 10,686.705 104.130 12,197.160
201809 10,596.551 105.650 11,920.262
201812 11,179.361 104.350 12,732.548
201903 11,506.115 104.490 13,087.140
201906 12,514.583 104.880 14,181.249
201909 13,055.682 105.200 14,749.409
201912 13,478.540 105.120 15,238.713
202003 14,642.515 105.540 16,488.812
202006 15,111.609 104.870 17,125.775
202009 15,385.013 106.200 17,217.264
202012 15,390.852 105.765 17,294.572
202103 15,474.195 107.357 17,130.407
202106 16,116.629 107.579 17,804.882
202109 16,077.404 108.759 17,568.743
202112 17,602.243 109.676 19,074.168
202203 17,220.740 111.806 18,305.359
202206 17,624.364 114.083 18,360.481
202209 19,367.998 114.831 20,045.423
202212 19,429.517 115.200 20,044.700
202303 20,938.121 116.550 21,350.974
202306 20,664.769 117.140 20,966.044
202309 20,996.611 119.111 20,950.162
202312 21,823.723 118.848 21,823.723
202403 21,081.892 118.848 21,081.892

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


InnoWireless Co  (XKRX:073490) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23550.00/16129.5
=1.46

* 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 InnoWireless Co was 5.34. The lowest was 0.80. And the median was 2.02.


Be Aware

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


InnoWireless Co Cyclically Adjusted Book per Share Related Terms

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


InnoWireless Co (XKRX:073490) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-201/301, Pangyo Seven Venture Valley 2-danji, 633 Sampyeong-dong, Bundang-gu, Seongnam-si, Gyeonggi, KOR, 463-400
InnoWireless Co Ltd is a South Korean company operates as a communication equipment manufacturer. The products of the company include broadcasting and wireless communication apparatus and also provides solutions like optimization solutions, test and measurement, big data solution, and small cell test solution.

InnoWireless Co (XKRX:073490) Headlines

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