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Fine Technix Co (XKRX:106240) Cyclically Adjusted Book per Share : ₩3,152.09 (As of Mar. 2024)


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What is Fine Technix 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.

Fine Technix Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩5,734.251. 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 ₩3,152.09 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fine Technix Co's average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.40% 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 Fine Technix Co was 4.70% per year. The lowest was -1.70% per year. And the median was 0.20% per year.

As of today (2024-06-20), Fine Technix Co's current stock price is ₩1286.00. Fine Technix Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩3,152.09. Fine Technix Co's Cyclically Adjusted PB Ratio of today is 0.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fine Technix Co was 1.96. The lowest was 0.17. And the median was 0.66.


Fine Technix Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fine Technix 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.

Fine Technix Co Cyclically Adjusted Book per Share Chart

Fine Technix 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 2,760.23 2,687.72 2,672.96 2,775.53 3,088.52

Fine Technix 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 2,858.88 2,924.26 3,030.46 3,088.52 3,152.09

Competitive Comparison of Fine Technix Co's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Fine Technix 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.


Fine Technix Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Fine Technix Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Fine Technix 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, Fine Technix 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)
=5734.251/118.8477*118.8477
=5,734.251

Current CPI (Mar. 2024) = 118.8477.

Fine Technix Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,566.389 99.353 3,069.957
201409 2,752.048 99.608 3,283.618
201412 2,914.148 99.098 3,494.922
201503 2,977.576 99.720 3,548.717
201506 3,078.477 100.050 3,656.871
201509 3,195.348 100.110 3,793.425
201512 3,071.388 100.220 3,642.261
201603 3,034.590 100.560 3,586.456
201606 3,009.094 100.790 3,548.208
201609 2,977.706 101.460 3,488.010
201612 3,099.271 101.560 3,626.834
201703 3,013.950 102.850 3,482.752
201706 3,031.206 102.610 3,510.885
201709 3,029.745 103.490 3,479.353
201712 1,789.448 102.990 2,064.975
201803 1,814.312 104.100 2,071.343
201806 1,856.339 104.130 2,118.713
201809 1,690.990 105.650 1,902.227
201812 1,237.388 104.350 1,409.303
201903 1,284.374 104.490 1,460.857
201906 1,561.068 104.880 1,768.968
201909 1,634.800 105.200 1,846.884
201912 1,330.290 105.120 1,504.014
202003 1,366.435 105.540 1,538.731
202006 1,408.714 104.870 1,596.476
202009 1,514.824 106.200 1,695.229
202012 1,409.213 105.765 1,583.521
202103 1,548.400 107.357 1,714.126
202106 1,852.438 107.579 2,046.485
202109 2,238.739 108.759 2,446.404
202112 2,925.894 109.676 3,170.562
202203 3,017.615 111.806 3,207.674
202206 3,103.998 114.083 3,233.643
202209 3,016.099 114.831 3,121.592
202212 5,582.955 115.200 5,759.724
202303 6,011.347 116.550 6,129.877
202306 6,025.398 117.140 6,113.243
202309 5,897.523 119.111 5,884.476
202312 5,747.846 118.848 5,747.846
202403 5,734.251 118.848 5,734.251

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


Fine Technix Co  (XKRX:106240) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1286.00/3152.09
=0.41

* 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 Fine Technix Co was 1.96. The lowest was 0.17. And the median was 0.66.


Be Aware

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


Fine Technix Co Cyclically Adjusted Book per Share Related Terms

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


Fine Technix Co (XKRX:106240) Business Description

Traded in Other Exchanges
N/A
Address
8 Deokcheon-Ro, Manan-gu, Gyeonggi-do, Anyang-si, KOR, 430-817
Fine Technix Co Ltd manufactures LED lighting equipments and Mechanical devices. Its products include LED Bulbs, LED Panel Light, LED Street Light and LED Flood Light among others. The company also offers products such as Top Chassis, Bottom Chassis, Back Cover, Lamp Reflector and Case categories among others.

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