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Kinx (XKRX:093320) Cyclically Adjusted Book per Share : ₩19,549.40 (As of Dec. 2023)


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What is Kinx 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.

Kinx's adjusted book value per share for the three months ended in Dec. 2023 was ₩34,637.675. 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 ₩19,549.40 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Kinx's average Cyclically Adjusted Book Growth Rate was 17.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.50% 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 Kinx was 18.50% per year. The lowest was 18.50% per year. And the median was 18.50% per year.

As of today (2024-05-15), Kinx's current stock price is ₩88100.00. Kinx's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩19,549.40. Kinx's Cyclically Adjusted PB Ratio of today is 4.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kinx was 8.57. The lowest was 3.02. And the median was 4.08.


Kinx Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kinx'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.

Kinx Cyclically Adjusted Book per Share Chart

Kinx 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 - 11,762.80 13,931.10 16,669.30 19,549.40

Kinx Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 16,669.30 17,414.60 18,076.10 18,974.50 19,549.40

Competitive Comparison of Kinx's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, Kinx'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.


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

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

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



Kinx 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, Kinx's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=34637.675/118.8477*118.8477
=34,637.675

Current CPI (Dec. 2023) = 118.8477.

Kinx Quarterly Data

Book Value per Share CPI Adj_Book
201403 8,431.640 99.253 10,096.229
201406 8,744.144 99.353 10,459.890
201409 9,011.062 99.608 10,751.586
201412 9,244.095 99.098 11,086.394
201503 9,421.175 99.720 11,228.289
201506 9,604.895 100.050 11,409.492
201509 10,021.694 100.110 11,897.466
201512 10,100.537 100.220 11,977.905
201603 10,321.991 100.560 12,199.134
201606 10,752.654 100.790 12,679.117
201609 11,125.236 101.460 13,031.822
201612 11,215.280 101.560 13,124.362
201703 11,339.932 102.850 13,103.790
201706 11,769.735 102.610 13,632.257
201709 12,218.677 103.490 14,031.903
201712 12,402.407 102.990 14,312.045
201803 12,658.019 104.100 14,451.263
201806 13,516.042 104.130 15,426.395
201809 14,098.784 105.650 15,859.991
201812 14,902.021 104.350 16,972.409
201903 15,285.632 104.490 17,385.991
201906 15,993.710 104.880 18,123.719
201909 16,788.557 105.200 18,966.553
201912 17,842.624 105.120 20,172.706
202003 18,054.445 105.540 20,330.958
202006 21,113.012 104.870 23,927.080
202009 21,814.183 106.200 24,412.104
202012 22,417.204 105.765 25,190.026
202103 22,780.703 107.357 25,218.934
202106 23,508.895 107.579 25,971.505
202109 24,486.148 108.759 26,757.482
202112 25,579.411 109.676 27,718.399
202203 26,211.576 111.806 27,862.468
202206 27,450.601 114.083 28,597.131
202209 29,313.366 114.831 30,338.646
202212 30,110.588 115.200 31,063.958
202303 30,943.178 116.550 31,553.309
202306 32,202.327 117.140 32,671.810
202309 33,417.919 119.111 33,343.991
202312 34,637.675 118.848 34,637.675

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


Kinx  (XKRX:093320) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=88100.00/19549.4
=4.51

* 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 Kinx was 8.57. The lowest was 3.02. And the median was 4.08.


Be Aware

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


Kinx Cyclically Adjusted Book per Share Related Terms

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


Kinx (XKRX:093320) Business Description

Traded in Other Exchanges
N/A
Address
396, Seocho-daero, 21st Floor, Gangnam Building, Seocho-gu, Seoul, KOR
Kinx Inc is a Korea based carrier-neutral infrastructure provider. It offers services to prominent domestic and international carriers, content providers, multiple system operators, financial institutions, and government agencies. The organization provides colocation, IEPL, MPLS-VPN, Cloud, CDN, AWS Direct Connect, and China Direct Connect among others.

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