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Frtek Co (XKRX:073540) Cyclically Adjusted Book per Share : ₩3,855.27 (As of Mar. 2024)


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What is Frtek 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.

Frtek Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩5,039.269. 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 ₩3,855.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Frtek Co's average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.90% 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 Frtek Co was 7.60% per year. The lowest was 3.40% per year. And the median was 5.30% per year.

As of today (2024-06-05), Frtek Co's current stock price is ₩1768.00. Frtek Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩3,855.27. Frtek Co's Cyclically Adjusted PB Ratio of today is 0.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Frtek Co was 2.60. The lowest was 0.46. And the median was 1.08.


Frtek Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Frtek 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.

Frtek Co Cyclically Adjusted Book per Share Chart

Frtek 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 2,991.53 3,069.45 3,297.29 3,579.68 3,824.91

Frtek 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 3,664.66 3,714.28 3,809.35 3,824.91 3,855.27

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

For the Communication Equipment subindustry, Frtek 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.


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

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

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



Frtek 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, Frtek 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)
=5039.269/118.8477*118.8477
=5,039.269

Current CPI (Mar. 2024) = 118.8477.

Frtek Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,496.217 99.353 4,182.233
201409 3,365.335 99.608 4,015.363
201412 3,609.499 99.098 4,328.853
201503 3,542.666 99.720 4,222.199
201506 3,588.811 100.050 4,263.088
201509 3,558.874 100.110 4,224.992
201512 3,631.140 100.220 4,306.053
201603 3,536.647 100.560 4,179.817
201606 3,405.779 100.790 4,015.964
201609 3,307.697 101.460 3,874.553
201612 3,269.933 101.560 3,826.546
201703 3,228.674 102.850 3,730.875
201706 3,090.421 102.610 3,579.470
201709 3,099.679 103.490 3,559.665
201712 3,025.182 102.990 3,490.979
201803 2,928.200 104.100 3,343.034
201806 3,042.449 104.130 3,472.468
201809 3,003.923 105.650 3,379.170
201812 2,891.739 104.350 3,293.498
201903 2,753.731 104.490 3,132.114
201906 2,794.877 104.880 3,167.093
201909 2,839.338 105.200 3,207.688
201912 2,742.452 105.120 3,100.591
202003 2,700.156 105.540 3,040.623
202006 2,666.989 104.870 3,022.461
202009 2,638.042 106.200 2,952.215
202012 2,851.015 105.765 3,203.662
202103 2,363.148 107.357 2,616.077
202106 2,385.400 107.579 2,635.276
202109 4,416.092 108.759 4,825.729
202112 3,874.937 109.676 4,198.965
202203 3,749.120 111.806 3,985.252
202206 3,712.407 114.083 3,867.463
202209 3,645.652 114.831 3,773.164
202212 4,923.098 115.200 5,078.974
202303 4,910.335 116.550 5,007.156
202306 4,863.467 117.140 4,934.372
202309 5,047.126 119.111 5,035.961
202312 5,097.907 118.848 5,097.907
202403 5,039.269 118.848 5,039.269

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


Frtek Co  (XKRX:073540) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1768.00/3855.27
=0.46

* 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 Frtek Co was 2.60. The lowest was 0.46. And the median was 1.08.


Be Aware

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


Frtek Co Cyclically Adjusted Book per Share Related Terms

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


Frtek Co (XKRX:073540) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Frtek Co Ltd (XKRX:073540) » Definitions » Cyclically Adjusted Book per Share
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Address
11-25, Simin-daero 327beon-gil, FRTek Tower, Dongan-gu, Gyeonggi-do, Anyang-si,, KOR, 14055
Frtek Co Ltd is involved in providing mobile communication systems and LED lighting products in South Korea. The company offers wireless solutions, such as interference cancellation system repeaters, and single operator and multi-operator digital DAS. The company offers wireless solutions, such as DAS systems, ICS systems, RF repeaters, and DMS systems; LED solutions and amplifier solutions and custom amplifier products for defense industry.

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