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NewFlex Technology Co (XKRX:085670) Cyclically Adjusted Book per Share : ₩2,582.44 (As of Mar. 2024)


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What is NewFlex Technology 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.

NewFlex Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩3,233.141. 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 ₩2,582.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NewFlex Technology Co's average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.20% 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 NewFlex Technology Co was 4.10% per year. The lowest was 0.20% per year. And the median was 2.10% per year.

As of today (2024-06-16), NewFlex Technology Co's current stock price is ₩6700.00. NewFlex Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩2,582.44. NewFlex Technology Co's Cyclically Adjusted PB Ratio of today is 2.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NewFlex Technology Co was 4.21. The lowest was 0.44. And the median was 1.41.


NewFlex Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for NewFlex Technology 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.

NewFlex Technology Co Cyclically Adjusted Book per Share Chart

NewFlex Technology 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 2,296.24 2,266.25 2,300.29 2,442.22 2,558.64

NewFlex Technology 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 2,479.59 2,496.48 2,546.73 2,558.64 2,582.44

Competitive Comparison of NewFlex Technology Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, NewFlex Technology 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.


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

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

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



NewFlex Technology 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, NewFlex Technology 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)
=3233.141/118.8477*118.8477
=3,233.141

Current CPI (Mar. 2024) = 118.8477.

NewFlex Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,917.839 99.353 2,294.151
201409 1,975.716 99.608 2,357.334
201412 2,003.515 99.098 2,402.805
201503 1,955.315 99.720 2,330.372
201506 1,894.985 100.050 2,251.021
201509 2,226.399 100.110 2,643.117
201512 2,216.212 100.220 2,628.135
201603 2,209.189 100.560 2,610.949
201606 2,106.812 100.790 2,484.272
201609 2,122.323 101.460 2,486.036
201612 2,145.506 101.560 2,510.717
201703 2,086.782 102.850 2,411.368
201706 2,117.216 102.610 2,452.259
201709 2,187.508 103.490 2,512.130
201712 2,246.264 102.990 2,592.128
201803 2,274.989 104.100 2,597.283
201806 2,491.872 104.130 2,844.072
201809 2,694.274 105.650 3,030.840
201812 2,829.419 104.350 3,222.520
201903 2,700.469 104.490 3,071.533
201906 2,470.267 104.880 2,799.252
201909 2,537.977 105.200 2,867.231
201912 2,300.625 105.120 2,601.065
202003 2,143.584 105.540 2,413.872
202006 1,977.912 104.870 2,241.540
202009 2,074.093 106.200 2,321.103
202012 1,778.532 105.765 1,998.522
202103 1,739.476 107.357 1,925.653
202106 1,681.899 107.579 1,858.082
202109 2,047.363 108.759 2,237.276
202112 2,107.485 109.676 2,283.716
202203 2,407.550 111.806 2,559.185
202206 2,694.674 114.083 2,807.223
202209 2,947.311 114.831 3,050.398
202212 2,703.745 115.200 2,789.352
202303 2,853.840 116.550 2,910.111
202306 2,720.966 117.140 2,760.635
202309 2,922.997 119.111 2,916.531
202312 2,990.715 118.848 2,990.715
202403 3,233.141 118.848 3,233.141

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


NewFlex Technology Co  (XKRX:085670) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6700.00/2582.44
=2.59

* 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 NewFlex Technology Co was 4.21. The lowest was 0.44. And the median was 1.41.


Be Aware

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


NewFlex Technology Co Cyclically Adjusted Book per Share Related Terms

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


NewFlex Technology Co (XKRX:085670) Business Description

Industry
Traded in Other Exchanges
N/A
Address
603-4 Banwoul Industry Complex, 1055 Shingil-dong, Danwon-gu, Ansan, Gyeonggi, KOR, 425-839
NewFlex Technology Co Ltd is involved in manufacturing and selling flexible printed circuit boards products in South Korea. The company offers single side, double side, multi-layer, rigid, and build-up and IVH flexible printed circuit boards, as well as metal, printed circuit boards. Its products are primarily used in mobile, LED, and IT parts.

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