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Haesung Optics Co (XKRX:076610) Cyclically Adjusted Book per Share : ₩7,386.50 (As of Mar. 2025)


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What is Haesung Optics 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.

Haesung Optics Co's adjusted book value per share for the three months ended in Mar. 2025 was ₩188.956. 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 ₩7,386.50 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Haesung Optics Co's average Cyclically Adjusted Book Growth Rate was -14.00% 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.

As of today (2025-06-01), Haesung Optics Co's current stock price is ₩802.00. Haesung Optics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩7,386.50. Haesung Optics Co's Cyclically Adjusted PB Ratio of today is 0.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Haesung Optics Co was 0.29. The lowest was 0.09. And the median was 0.15.


Haesung Optics Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Haesung Optics 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.

Haesung Optics Co Cyclically Adjusted Book per Share Chart

Haesung Optics Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 9,431.08 8,807.66 7,662.20

Haesung Optics Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 8,586.39 8,265.91 7,994.07 7,662.20 7,386.50

Competitive Comparison of Haesung Optics Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Haesung Optics 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.


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

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

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


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Haesung Optics 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, Haesung Optics Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=188.956/122.5900*122.5900
=188.956

Current CPI (Mar. 2025) = 122.5900.

Haesung Optics Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 12,773.424 100.051 15,651.005
201509 13,479.413 100.111 16,506.124
201512 12,931.189 100.220 15,817.483
201603 12,809.907 100.561 15,616.074
201606 13,539.954 100.791 16,468.414
201609 12,414.581 101.461 14,999.857
201612 13,169.142 101.561 15,895.869
201703 10,377.787 102.851 12,369.523
201706 10,506.668 102.611 12,552.345
201709 11,215.315 103.491 13,285.137
201712 9,915.662 102.991 11,802.617
201803 9,798.247 104.101 11,538.500
201806 9,264.090 104.130 10,906.382
201809 8,511.296 105.651 9,875.957
201812 8,443.823 104.351 9,919.706
201903 11,021.431 104.491 12,930.477
201906 8,858.896 104.881 10,354.717
201909 8,761.010 105.200 10,209.212
201912 6,874.939 105.121 8,017.393
202003 6,956.196 105.354 8,094.220
202006 6,383.766 105.112 7,445.271
202009 5,105.254 106.198 5,893.288
202012 1,800.675 105.765 2,087.117
202103 2,286.195 107.357 2,610.581
202106 1,932.141 107.579 2,201.750
202109 2,171.633 108.759 2,447.797
202112 1,730.309 109.676 1,934.040
202203 1,845.510 111.848 2,022.755
202206 1,863.260 114.072 2,002.388
202209 1,981.639 114.715 2,117.670
202212 1,351.697 115.179 1,438.667
202303 1,311.055 116.507 1,379.502
202306 1,375.769 117.182 1,439.260
202309 1,445.738 118.964 1,489.809
202312 1,363.086 118.837 1,406.133
202403 1,448.056 120.123 1,477.793
202406 1,304.264 120.007 1,332.333
202409 1,361.367 120.861 1,380.840
202412 348.729 121.135 352.917
202503 188.956 122.590 188.956

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


Haesung Optics Co  (XKRX:076610) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=802.00/7386.50
=0.11

* 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 Haesung Optics Co was 0.29. The lowest was 0.09. And the median was 0.15.


Be Aware

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


Haesung Optics Co Cyclically Adjusted Book per Share Related Terms

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


Haesung Optics Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
66, Hyohaeng-ro, 184beon-gil, ongdam-eup, Gyeonggi-do, Hwaseong-si, KOR
Haesung Optics Co Ltd is a manufacturer of lenses and prisms for mobile phones, cameras, vehicles and basic lenses used for glasses, microscope, telescope, flashlight. The group's product offering includes Mobile lens, Camera module, Glass lens, Automotive module among others.

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