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Telcoware Co (XKRX:078000) Cyclically Adjusted Book per Share : ₩20,996.10 (As of Mar. 2024)


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What is Telcoware 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.

Telcoware Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩19,644.216. 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 ₩20,996.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Telcoware Co's average Cyclically Adjusted Book Growth Rate was 1.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 Telcoware Co was 4.70% per year. The lowest was 4.00% per year. And the median was 4.60% per year.

As of today (2024-06-05), Telcoware Co's current stock price is ₩10590.00. Telcoware Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩20,996.10. Telcoware Co's Cyclically Adjusted PB Ratio of today is 0.50.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Telcoware Co was 1.16. The lowest was 0.41. And the median was 0.67.


Telcoware Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Telcoware 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.

Telcoware Co Cyclically Adjusted Book per Share Chart

Telcoware 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 17,749.70 18,355.20 19,404.10 20,395.00 21,016.30

Telcoware 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 20,643.00 20,748.10 21,076.30 21,016.30 20,996.10

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

For the Telecom Services subindustry, Telcoware 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.


Telcoware Co's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telcoware Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Telcoware 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, Telcoware 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)
=19644.216/118.8477*118.8477
=19,644.216

Current CPI (Mar. 2024) = 118.8477.

Telcoware Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 17,343.536 99.353 20,746.624
201409 17,809.880 99.608 21,249.932
201412 17,800.007 99.098 21,347.453
201503 16,898.380 99.720 20,139.727
201506 18,029.573 100.050 21,417.024
201509 18,602.393 100.110 22,084.224
201512 18,575.681 100.220 22,028.307
201603 17,599.258 100.560 20,799.834
201606 17,750.318 100.790 20,930.494
201609 18,036.075 101.460 21,127.006
201612 18,710.396 101.560 21,895.308
201703 18,165.290 102.850 20,990.792
201706 18,652.472 102.610 21,604.165
201709 19,028.122 103.490 21,851.856
201712 19,166.349 102.990 22,117.453
201803 18,407.907 104.100 21,015.729
201806 18,596.834 104.130 21,225.304
201809 19,240.825 105.650 21,644.371
201812 19,679.753 104.350 22,413.928
201903 18,777.716 104.490 21,357.913
201906 18,875.082 104.880 21,388.826
201909 19,251.605 105.200 21,749.135
201912 19,745.048 105.120 22,323.569
202003 18,816.969 105.540 21,189.629
202006 18,887.562 104.870 21,405.009
202009 19,232.875 106.200 21,523.380
202012 19,552.264 105.765 21,970.716
202103 18,681.090 107.357 20,680.537
202106 18,563.151 107.579 20,507.683
202109 18,766.257 108.759 20,507.014
202112 19,440.546 109.676 21,066.193
202203 18,590.213 111.806 19,761.086
202206 18,565.699 114.083 19,341.133
202209 18,565.742 114.831 19,215.107
202212 19,820.218 115.200 20,447.771
202303 18,990.351 116.550 19,364.799
202306 19,582.921 117.140 19,868.423
202309 19,743.931 119.111 19,700.253
202312 20,202.860 118.848 20,202.860
202403 19,644.216 118.848 19,644.216

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


Telcoware Co  (XKRX:078000) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10590.00/20996.1
=0.50

* 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 Telcoware Co was 1.16. The lowest was 0.41. And the median was 0.67.


Be Aware

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


Telcoware Co Cyclically Adjusted Book per Share Related Terms

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


Telcoware Co (XKRX:078000) Business Description

Traded in Other Exchanges
N/A
Address
Telcoware building, 20-7, Beobwon-ro 3-gil, Seocho-gu, Seoul, KOR
Telcoware Co Ltd is engaged in providing wired and wireless communication solutions in South Korea. The company offers VoLTE Solution, IMS Solution, Data Traffic Solution, and WCDMA Solution, as part of core networks.

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