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HJ Shipbuildingnstruction Co (XKRX:097230) Cyclically Adjusted Book per Share : ₩29,849.70 (As of Mar. 2024)


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What is HJ Shipbuildingnstruction 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.

HJ Shipbuildingnstruction Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩4,260.769. 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 ₩29,849.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, HJ Shipbuildingnstruction Co's average Cyclically Adjusted Book Growth Rate was -29.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -24.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -22.50% 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 HJ Shipbuildingnstruction Co was -16.00% per year. The lowest was -24.60% per year. And the median was -21.20% per year.

As of today (2024-06-13), HJ Shipbuildingnstruction Co's current stock price is ₩3175.00. HJ Shipbuildingnstruction Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩29,849.70. HJ Shipbuildingnstruction Co's Cyclically Adjusted PB Ratio of today is 0.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of HJ Shipbuildingnstruction Co was 0.18. The lowest was 0.04. And the median was 0.10.


HJ Shipbuildingnstruction Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for HJ Shipbuildingnstruction 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.

HJ Shipbuildingnstruction Co Cyclically Adjusted Book per Share Chart

HJ Shipbuildingnstruction 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 97,002.30 76,785.90 60,648.10 45,342.10 32,946.60

HJ Shipbuildingnstruction 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 42,351.40 38,907.20 36,174.40 32,946.60 29,849.70

Competitive Comparison of HJ Shipbuildingnstruction Co's Cyclically Adjusted Book per Share

For the Aerospace & Defense subindustry, HJ Shipbuildingnstruction 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.


HJ Shipbuildingnstruction Co's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, HJ Shipbuildingnstruction Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



HJ Shipbuildingnstruction 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, HJ Shipbuildingnstruction 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)
=4260.769/118.8477*118.8477
=4,260.769

Current CPI (Mar. 2024) = 118.8477.

HJ Shipbuildingnstruction Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 96,738.038 99.353 115,719.639
201409 79,505.518 99.608 94,862.340
201412 76,950.229 99.098 92,285.997
201503 75,627.943 99.720 90,134.447
201506 72,316.922 100.050 85,904.046
201509 75,509.469 100.110 89,642.660
201512 57,636.969 100.220 68,349.842
201603 64,824.196 100.560 76,613.033
201606 60,206.144 100.790 70,992.774
201609 52,830.942 101.460 61,884.841
201612 43,309.093 101.560 50,681.234
201703 36,257.746 102.850 41,897.421
201706 34,642.625 102.610 40,124.708
201709 34,808.438 103.490 39,973.938
201712 27,254.134 102.990 31,450.540
201803 26,000.821 104.100 29,684.321
201806 26,113.438 104.130 29,804.303
201809 24,026.626 105.650 27,028.010
201812 -33,373.419 104.350 -38,010.101
201903 11,846.392 104.490 13,474.174
201906 2,809.040 104.880 3,183.142
201909 2,461.009 105.200 2,780.278
201912 2,943.425 105.120 3,327.809
202003 2,878.707 105.540 3,241.688
202006 3,717.753 104.870 4,213.277
202009 4,205.142 106.200 4,705.946
202012 3,843.732 105.765 4,319.170
202103 3,355.347 107.357 3,714.472
202106 3,079.575 107.579 3,402.167
202109 3,131.744 108.759 3,422.244
202112 5,188.925 109.676 5,622.830
202203 5,069.396 111.806 5,388.683
202206 4,894.384 114.083 5,098.808
202209 4,651.122 114.831 4,813.802
202212 4,624.281 115.200 4,770.696
202303 4,328.382 116.550 4,413.728
202306 3,364.233 117.140 3,413.281
202309 3,311.572 119.111 3,304.246
202312 4,092.710 118.848 4,092.710
202403 4,260.769 118.848 4,260.769

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


HJ Shipbuildingnstruction Co  (XKRX:097230) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3175.00/29849.7
=0.11

* 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 HJ Shipbuildingnstruction Co was 0.18. The lowest was 0.04. And the median was 0.10.


Be Aware

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


HJ Shipbuildingnstruction Co Cyclically Adjusted Book per Share Related Terms

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


HJ Shipbuildingnstruction Co (XKRX:097230) Business Description

Traded in Other Exchanges
N/A
Address
29-5-Ga Bongnae-dong, Yonungdo-gu, Busan, KOR, 606-796
HJ Shipbuilding & Construction Co Ltd formerly Hanjin Heavy Industries & Construction Co Ltd is engaged in the shipbuilding business. It operates through various business divisions: Shipbuilding, Construction, and Other. The Shipbuilding business provides a new ship, special ships, plant construction service, and repair ship. The Construction business offers civil-engineering works, architectural work, and plant construction. The services of Other business include leasing of real estate property.

HJ Shipbuildingnstruction Co (XKRX:097230) Headlines

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