GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » INNOX Corp (XKRX:088390) » Definitions » Cyclically Adjusted Book per Share

INNOX (XKRX:088390) Cyclically Adjusted Book per Share : ₩29,365.30 (As of Mar. 2024)


View and export this data going back to 2006. Start your Free Trial

What is INNOX 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.

INNOX's adjusted book value per share for the three months ended in Mar. 2024 was ₩21,186.003. 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 ₩29,365.30 for the trailing ten years ended in Mar. 2024.

During the past 12 months, INNOX's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.20% 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 INNOX was 5.40% per year. The lowest was 1.00% per year. And the median was 1.50% per year.

As of today (2024-05-21), INNOX's current stock price is ₩19830.00. INNOX's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩29,365.30. INNOX's Cyclically Adjusted PB Ratio of today is 0.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of INNOX was 1.61. The lowest was 0.10. And the median was 0.52.


INNOX Cyclically Adjusted Book per Share Historical Data

The historical data trend for INNOX'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.

INNOX Cyclically Adjusted Book per Share Chart

INNOX 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 28,822.80 28,611.70 29,274.50 30,218.40 29,917.60

INNOX 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 30,421.60 30,373.00 30,503.90 29,917.60 29,365.30

Competitive Comparison of INNOX's Cyclically Adjusted Book per Share

For the Semiconductor Equipment & Materials subindustry, INNOX'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.


INNOX's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



INNOX 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, INNOX'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)
=21186.003/118.8477*118.8477
=21,186.003

Current CPI (Mar. 2024) = 118.8477.

INNOX Quarterly Data

Book Value per Share CPI Adj_Book
201406 35,969.887 99.353 43,027.773
201409 37,119.303 99.608 44,289.051
201412 37,749.952 99.098 45,273.315
201503 38,966.774 99.720 46,441.150
201506 39,337.368 100.050 46,728.193
201509 40,963.532 100.110 48,630.722
201512 40,437.517 100.220 47,953.561
201603 41,010.851 100.560 48,469.027
201606 41,881.962 100.790 49,385.602
201609 43,096.850 101.460 50,482.569
201612 42,480.000 101.560 49,711.011
201703 42,852.471 102.850 49,517.916
201706 60,113.990 102.610 69,626.834
201709 17,658.294 103.490 20,278.748
201712 18,219.483 102.990 21,024.795
201803 18,421.857 104.100 21,031.655
201806 18,647.602 104.130 21,283.248
201809 18,738.704 105.650 21,079.526
201812 15,084.570 104.350 17,180.321
201903 15,176.603 104.490 17,261.981
201906 15,243.099 104.880 17,273.143
201909 15,575.169 105.200 17,595.751
201912 13,686.602 105.120 15,473.946
202003 13,740.921 105.540 15,473.535
202006 13,881.009 104.870 15,731.153
202009 14,683.601 106.200 16,432.318
202012 14,694.587 105.765 16,512.185
202103 15,046.067 107.357 16,656.456
202106 15,871.176 107.579 17,533.717
202109 16,676.573 108.759 18,223.491
202112 21,267.416 109.676 23,045.828
202203 21,819.980 111.806 23,194.275
202206 22,400.666 114.083 23,336.275
202209 23,204.103 114.831 24,015.702
202212 22,872.941 115.200 23,597.150
202303 23,045.389 116.550 23,499.793
202306 22,941.271 117.140 23,275.735
202309 23,404.640 119.111 23,352.864
202312 20,527.733 118.848 20,527.733
202403 21,186.003 118.848 21,186.003

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


INNOX  (XKRX:088390) 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.

INNOX's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19830.00/29365.3
=0.68

* 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 INNOX was 1.61. The lowest was 0.10. And the median was 0.52.


Be Aware

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


INNOX Cyclically Adjusted Book per Share Related Terms

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


INNOX (XKRX:088390) Business Description

Industry
Traded in Other Exchanges
N/A
Address
I6-1BL AsanTechnoValley, Dunpo-myeon, Asan-si, Chungcheongbuk-do, KOR
INNOX Corp is a South Korean company operating in semiconductor equipment and materials industry. The business areas of the company are circuit material, semiconductor material, and OLED material.

INNOX (XKRX:088390) Headlines

No Headlines