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KH Electron Co (XKRX:111870) Cyclically Adjusted Book per Share : ₩76,327.30 (As of Dec. 2023)


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What is KH Electron 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.

KH Electron Co's adjusted book value per share for the three months ended in Dec. 2023 was ₩20,200.373. 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 ₩76,327.30 for the trailing ten years ended in Dec. 2023.

During the past 12 months, KH Electron Co's average Cyclically Adjusted Book Growth Rate was -5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -2.50% 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 KH Electron Co was -2.50% per year. The lowest was -2.50% per year. And the median was -2.50% per year.

As of today (2024-05-10), KH Electron Co's current stock price is ₩8906.43787. KH Electron Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩76,327.30. KH Electron Co's Cyclically Adjusted PB Ratio of today is 0.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of KH Electron Co was 1.05. The lowest was 0.10. And the median was 0.34.


KH Electron Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for KH Electron 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.

KH Electron Co Cyclically Adjusted Book per Share Chart

KH Electron 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 - 82,290.00 81,884.70 80,563.60 76,327.30

KH Electron Co 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 80,563.60 80,004.00 78,828.20 78,428.90 76,327.30

Competitive Comparison of KH Electron Co's Cyclically Adjusted Book per Share

For the Consumer Electronics subindustry, KH Electron 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.


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

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

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



KH Electron 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, KH Electron Co'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)
=20200.373/118.8477*118.8477
=20,200.373

Current CPI (Dec. 2023) = 118.8477.

KH Electron Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 78,957.030 99.253 94,544.864
201406 79,270.519 99.353 94,824.704
201409 81,480.405 99.608 97,218.685
201412 79,425.072 99.098 95,254.063
201503 78,860.247 99.720 93,986.753
201506 79,974.366 100.050 95,000.194
201509 81,276.029 100.110 96,488.554
201512 82,894.113 100.220 98,301.483
201603 79,871.985 100.560 94,397.392
201606 81,651.205 100.790 96,279.967
201609 82,047.797 101.460 96,108.732
201612 84,987.782 101.560 99,454.533
201703 79,127.021 102.850 91,434.754
201706 82,675.160 102.610 95,758.236
201709 83,690.859 103.490 96,110.408
201712 83,901.348 102.990 96,819.907
201803 81,967.561 104.100 93,579.790
201806 82,900.200 104.130 94,617.287
201809 82,498.331 105.650 92,803.946
201812 84,397.746 104.350 96,123.412
201903 88,007.226 104.490 100,100.071
201906 88,524.501 104.880 100,314.010
201909 92,017.061 105.200 103,954.525
201912 84,152.653 105.120 95,142.211
202003 75,327.988 105.540 84,826.209
202006 70,393.164 104.870 79,775.585
202009 60,349.438 106.200 67,536.647
202012 51,737.003 105.765 58,136.440
202103 50,380.872 107.357 55,773.164
202106 48,144.522 107.579 53,187.769
202109 42,640.845 108.759 46,596.208
202112 43,719.751 109.676 47,375.660
202203 57,804.728 111.806 61,445.461
202206 26,189.046 114.083 27,282.885
202209 20,612.499 114.831 21,333.453
202212 31,615.787 115.200 32,616.815
202303 30,343.254 116.550 30,941.556
202306 29,898.835 117.140 30,334.735
202309 27,171.624 119.111 27,111.514
202312 20,200.373 118.848 20,200.373

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


KH Electron Co  (XKRX:111870) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8906.43787/76327.3
=0.12

* 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 KH Electron Co was 1.05. The lowest was 0.10. And the median was 0.34.


Be Aware

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


KH Electron Co Cyclically Adjusted Book per Share Related Terms

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


KH Electron Co (XKRX:111870) Business Description

Industry
Traded in Other Exchanges
N/A
Address
52, Samjak-ro, 107beon-gil, Ojeong-gu, Gyeonggi-do, Bucheon-si, KOR
KH Electron Co Ltd is a South Korea-based audio equipment manufacturer. It is involved in the manufacturing of headphones and earphones. The company has its geographical presence in Japan, South Korea, Hongkong, and the Philippines.

KH Electron Co (XKRX:111870) Headlines

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