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Creverse (XKRX:096240) Cyclically Adjusted Book per Share : ₩10,841.90 (As of Dec. 2023)


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What is Creverse 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.

Creverse's adjusted book value per share for the three months ended in Dec. 2023 was ₩5,271.652. 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 ₩10,841.90 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Creverse's average Cyclically Adjusted Book Growth Rate was -4.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -0.80% 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 Creverse was -1.40% per year. The lowest was -1.40% per year. And the median was -1.40% per year.

As of today (2024-05-16), Creverse's current stock price is ₩18420.00. Creverse's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩10,841.90. Creverse's Cyclically Adjusted PB Ratio of today is 1.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Creverse was 3.34. The lowest was 0.99. And the median was 1.74.


Creverse Cyclically Adjusted Book per Share Historical Data

The historical data trend for Creverse'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.

Creverse Cyclically Adjusted Book per Share Chart

Creverse 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 11,405.80 11,325.10 11,528.80 11,392.50 10,841.90

Creverse 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 11,392.50 11,326.50 11,161.80 11,107.70 10,841.90

Competitive Comparison of Creverse's Cyclically Adjusted Book per Share

For the Education & Training Services subindustry, Creverse'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.


Creverse's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Creverse's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Creverse 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, Creverse'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)
=5271.652/118.8477*118.8477
=5,271.652

Current CPI (Dec. 2023) = 118.8477.

Creverse Quarterly Data

Book Value per Share CPI Adj_Book
201403 10,489.743 99.253 12,560.646
201406 10,592.288 99.353 12,670.670
201409 10,433.096 99.608 12,448.292
201412 10,491.181 99.098 12,582.017
201503 9,938.408 99.720 11,844.735
201506 9,671.963 100.050 11,489.161
201509 9,768.748 100.110 11,597.175
201512 9,408.658 100.220 11,157.427
201603 12,691.084 100.560 14,999.067
201606 14,008.678 100.790 16,518.495
201609 13,612.576 101.460 15,945.430
201612 9,494.302 101.560 11,110.437
201703 9,474.768 102.850 10,948.511
201706 9,860.413 102.610 11,420.791
201709 9,891.619 103.490 11,359.515
201712 9,756.492 102.990 11,258.730
201803 10,151.772 104.100 11,589.959
201806 10,485.604 104.130 11,967.636
201809 10,564.780 105.650 11,884.523
201812 9,783.248 104.350 11,142.468
201903 9,601.804 104.490 10,921.163
201906 10,006.825 104.880 11,339.513
201909 10,016.578 105.200 11,316.039
201912 9,718.355 105.120 10,987.482
202003 9,439.517 105.540 10,629.760
202006 9,660.031 104.870 10,947.578
202009 10,653.730 106.200 11,922.517
202012 10,762.966 105.765 12,094.255
202103 11,054.452 107.357 12,237.616
202106 11,736.615 107.579 12,966.052
202109 11,694.363 108.759 12,779.132
202112 11,032.137 109.676 11,954.660
202203 6,622.992 111.806 7,040.130
202206 6,207.291 114.083 6,466.551
202209 5,751.379 114.831 5,952.542
202212 5,467.203 115.200 5,640.307
202303 5,417.897 116.550 5,524.726
202306 5,853.073 117.140 5,938.406
202309 5,261.273 119.111 5,249.634
202312 5,271.652 118.848 5,271.652

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


Creverse  (XKRX:096240) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18420.00/10841.9
=1.70

* 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 Creverse was 3.34. The lowest was 0.99. And the median was 1.74.


Be Aware

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


Creverse Cyclically Adjusted Book per Share Related Terms

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


Creverse (XKRX:096240) Business Description

Industry
Traded in Other Exchanges
N/A
Address
521, Teheran-ro, Gangnam-gu, 21Floor, Parnas Tower, Samseong-dong, Seoul, KOR, 135-953
Creverse Inc, formerly Chungdahm Learning Inc runs ESL institute biz, ESL contents biz, and online teaching biz. It began Chengdam English Institute Franchise biz in 2004, went into public (KOSDAQ) in 2008, and developed smart learning service with SK Telecom in 2011.

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