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MNTECH Co (XKRX:095500) Cyclically Adjusted Book per Share : ₩8,452.66 (As of Mar. 2024)


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What is MNTECH 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.

MNTECH Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩9,021.014. 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 ₩8,452.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, MNTECH Co's average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.10% 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 MNTECH Co was 3.10% per year. The lowest was -0.80% per year. And the median was 1.90% per year.

As of today (2024-06-23), MNTECH Co's current stock price is ₩15080.00. MNTECH Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩8,452.66. MNTECH Co's Cyclically Adjusted PB Ratio of today is 1.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of MNTECH Co was 4.06. The lowest was 0.23. And the median was 0.60.


MNTECH Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for MNTECH 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.

MNTECH Co Cyclically Adjusted Book per Share Chart

MNTECH 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 7,727.90 7,715.60 8,001.72 8,340.89 8,459.20

MNTECH 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 8,403.74 8,401.73 8,506.22 8,459.20 8,452.66

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

For the Electronic Components subindustry, MNTECH 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.


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

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

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



MNTECH 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, MNTECH 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)
=9021.014/118.8477*118.8477
=9,021.014

Current CPI (Mar. 2024) = 118.8477.

MNTECH Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 7,337.475 99.353 8,777.209
201409 7,000.490 99.608 8,352.664
201412 6,315.473 99.098 7,574.113
201503 6,207.353 99.720 7,398.011
201506 6,369.733 100.050 7,566.498
201509 6,158.446 100.110 7,311.129
201512 6,507.361 100.220 7,716.872
201603 6,383.739 100.560 7,544.677
201606 6,548.073 100.790 7,721.236
201609 6,850.791 101.460 8,024.845
201612 6,456.264 101.560 7,555.259
201703 6,531.134 102.850 7,547.013
201706 6,856.795 102.610 7,941.861
201709 7,171.041 103.490 8,235.209
201712 6,902.357 102.990 7,965.135
201803 7,059.177 104.100 8,059.241
201806 6,864.037 104.130 7,834.198
201809 7,449.228 105.650 8,379.779
201812 7,301.788 104.350 8,316.250
201903 7,217.469 104.490 8,209.203
201906 7,609.916 104.880 8,623.389
201909 7,480.534 105.200 8,450.991
201912 8,249.327 105.120 9,326.613
202003 7,966.944 105.540 8,971.508
202006 8,022.259 104.870 9,091.514
202009 8,224.418 106.200 9,203.890
202012 8,675.678 105.765 9,748.787
202103 8,648.858 107.357 9,574.550
202106 8,479.233 107.579 9,367.452
202109 8,813.532 108.759 9,631.075
202112 8,392.108 109.676 9,093.868
202203 8,572.245 111.806 9,112.153
202206 8,327.804 114.083 8,675.632
202209 8,263.791 114.831 8,552.830
202212 8,218.194 115.200 8,478.401
202303 8,674.785 116.550 8,845.833
202306 8,728.868 117.140 8,856.127
202309 8,790.017 119.111 8,770.572
202312 8,679.701 118.848 8,679.701
202403 9,021.014 118.848 9,021.014

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


MNTECH Co  (XKRX:095500) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15080.00/8452.66
=1.78

* 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 MNTECH Co was 4.06. The lowest was 0.23. And the median was 0.60.


Be Aware

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


MNTECH Co Cyclically Adjusted Book per Share Related Terms

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


MNTECH Co (XKRX:095500) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » MNTECH Co Ltd (XKRX:095500) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
1113-6 Namchon-ri, Oksan-myeon, Cheongwon-gun, Chungcheongbuk-do, KOR, 363-911
MNTECH Co Ltd is a South Korean company operating in the electronic component industry. The company is engaged in the manufacturing of display film and plates, touchscreen, window film, and reflective sheeting.

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