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Visang Education (XKRX:100220) Cyclically Adjusted Book per Share : ₩17,038.90 (As of Mar. 2024)


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What is Visang Education 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.

Visang Education's adjusted book value per share for the three months ended in Mar. 2024 was ₩15,099.843. 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 ₩17,038.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Visang Education's average Cyclically Adjusted Book Growth Rate was 2.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Visang Education was 5.90% per year. The lowest was 5.70% per year. And the median was 5.80% per year.

As of today (2024-06-10), Visang Education's current stock price is ₩5040.00. Visang Education's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩17,038.90. Visang Education's Cyclically Adjusted PB Ratio of today is 0.30.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Visang Education was 0.95. The lowest was 0.24. And the median was 0.50.


Visang Education Cyclically Adjusted Book per Share Historical Data

The historical data trend for Visang Education'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.

Visang Education Cyclically Adjusted Book per Share Chart

Visang Education 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 13,820.80 14,335.50 15,383.30 16,336.10 17,024.10

Visang Education 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 16,589.80 16,731.00 17,058.30 17,024.10 17,038.90

Competitive Comparison of Visang Education's Cyclically Adjusted Book per Share

For the Publishing subindustry, Visang Education'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.


Visang Education's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Visang Education's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Visang Education 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, Visang Education'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)
=15099.843/118.8477*118.8477
=15,099.843

Current CPI (Mar. 2024) = 118.8477.

Visang Education Quarterly Data

Book Value per Share CPI Adj_Book
201406 11,498.830 99.353 13,755.090
201409 11,436.700 99.608 13,645.746
201412 12,755.689 99.098 15,297.829
201503 12,703.408 99.720 15,140.101
201506 12,424.474 100.050 14,758.822
201509 12,273.273 100.110 14,570.475
201512 14,091.162 100.220 16,710.259
201603 13,891.959 100.560 16,418.331
201606 14,148.142 100.790 16,682.946
201609 14,268.273 101.460 16,713.497
201612 15,935.212 101.560 18,647.728
201703 15,635.410 102.850 18,067.404
201706 15,826.790 102.610 18,331.328
201709 15,943.361 103.490 18,309.322
201712 17,092.459 102.990 19,724.240
201803 16,312.722 104.100 18,623.722
201806 15,829.551 104.130 18,066.895
201809 15,873.780 105.650 17,856.718
201812 16,894.680 104.350 19,241.915
201903 16,801.617 104.490 19,110.284
201906 16,657.135 104.880 18,875.498
201909 16,540.988 105.200 18,686.867
201912 17,499.746 105.120 19,785.051
202003 16,340.689 105.540 18,401.111
202006 15,678.300 104.870 17,767.997
202009 15,361.275 106.200 17,190.699
202012 15,990.677 105.765 17,968.591
202103 16,417.858 107.357 18,175.070
202106 15,985.571 107.579 17,660.095
202109 15,504.888 108.759 16,943.121
202112 16,316.332 109.676 17,680.727
202203 16,379.348 111.806 17,410.974
202206 16,153.096 114.083 16,827.763
202209 15,615.241 114.831 16,161.408
202212 16,096.811 115.200 16,606.473
202303 15,431.084 116.550 15,735.351
202306 15,149.161 117.140 15,370.023
202309 14,779.374 119.111 14,746.679
202312 14,789.104 118.848 14,789.104
202403 15,099.843 118.848 15,099.843

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


Visang Education  (XKRX:100220) 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.

Visang Education's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5040.00/17038.9
=0.30

* 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 Visang Education was 0.95. The lowest was 0.24. And the median was 0.50.


Be Aware

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


Visang Education Cyclically Adjusted Book per Share Related Terms

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


Visang Education (XKRX:100220) Business Description

Traded in Other Exchanges
N/A
Address
13F, Kolon Science Valley 2cha, 811, Guro-Dong, Guro-Gu, Seoul, KOR, 152-728
Visang Education Inc is engaged in publishing and educational businesses in South Korea. The company offers online and offline education services for Elementary, High and Middle School students.

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