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BMT Co (XKRX:086670) Cyclically Adjusted Book per Share : ₩9,929.26 (As of Mar. 2024)


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What is BMT 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.

BMT Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩13,313.496. 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 ₩9,929.26 for the trailing ten years ended in Mar. 2024.

During the past 12 months, BMT Co's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.80% 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 BMT Co was 8.10% per year. The lowest was 4.90% per year. And the median was 6.20% per year.

As of today (2024-05-27), BMT Co's current stock price is ₩13260.00. BMT Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩9,929.26. BMT Co's Cyclically Adjusted PB Ratio of today is 1.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of BMT Co was 1.95. The lowest was 0.60. And the median was 1.33.


BMT Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for BMT 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.

BMT Co Cyclically Adjusted Book per Share Chart

BMT 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 7,395.48 7,748.00 8,296.25 9,012.82 9,798.95

BMT 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 9,225.54 9,399.54 9,689.89 9,798.95 9,929.26

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

For the Specialty Industrial Machinery subindustry, BMT 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.


BMT Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, BMT Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



BMT 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, BMT 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)
=13313.496/118.8477*118.8477
=13,313.496

Current CPI (Mar. 2024) = 118.8477.

BMT Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 6,795.625 99.353 8,129.039
201409 6,948.871 99.608 8,291.074
201412 7,099.178 99.098 8,514.006
201503 7,112.950 99.720 8,477.314
201506 7,343.923 100.050 8,723.722
201509 7,373.316 100.110 8,753.388
201512 7,348.117 100.220 8,713.897
201603 7,135.946 100.560 8,433.679
201606 7,129.612 100.790 8,406.965
201609 6,928.343 101.460 8,115.687
201612 7,147.652 101.560 8,364.336
201703 7,070.730 102.850 8,170.540
201706 7,286.175 102.610 8,439.189
201709 7,382.992 103.490 8,478.613
201712 7,444.918 102.990 8,591.236
201803 7,634.170 104.100 8,715.692
201806 7,991.751 104.130 9,121.302
201809 8,172.968 105.650 9,193.928
201812 8,274.432 104.350 9,424.027
201903 8,267.169 104.490 9,403.139
201906 8,460.187 104.880 9,586.897
201909 8,692.620 105.200 9,820.322
201912 8,633.308 105.120 9,760.738
202003 8,881.671 105.540 10,001.574
202006 9,100.040 104.870 10,312.948
202009 9,352.153 106.200 10,465.931
202012 8,973.599 105.765 10,083.559
202103 9,329.511 107.357 10,328.054
202106 9,923.096 107.579 10,962.563
202109 10,055.183 108.759 10,987.901
202112 9,940.960 109.676 10,772.238
202203 10,232.539 111.806 10,877.018
202206 11,143.262 114.083 11,608.683
202209 11,849.423 114.831 12,263.875
202212 11,633.980 115.200 12,002.338
202303 12,042.689 116.550 12,280.144
202306 12,726.712 117.140 12,912.257
202309 13,117.659 119.111 13,088.640
202312 13,280.628 118.848 13,280.628
202403 13,313.496 118.848 13,313.496

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


BMT Co  (XKRX:086670) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13260.00/9929.26
=1.34

* 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 BMT Co was 1.95. The lowest was 0.60. And the median was 1.33.


Be Aware

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


BMT Co Cyclically Adjusted Book per Share Related Terms

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


BMT Co (XKRX:086670) Business Description

Industry
Traded in Other Exchanges
N/A
Address
35, Sanmakgongdannam11-gil, Gyeongsangnam-Do, Yangsan-si, KOR, 50568
BMT Co Ltd is a South Korea-based company engaged in the manufacture of precision fittings and valves. The company operates Fitting and valve and Electric and Energy businesses. The products offered under the Fitting and valve business include Ball Valve, High-Pressure Valve, Needle Valve, Manifold Valve, Check Valve and Other Parts & Tools.

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