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SD System Co (XKRX:121890) Cyclically Adjusted Book per Share : ₩2,147.90 (As of Mar. 2025)


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What is SD System 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.

SD System Co's adjusted book value per share for the three months ended in Mar. 2025 was ₩823.824. 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 ₩2,147.90 for the trailing ten years ended in Mar. 2025.

During the past 12 months, SD System Co's average Cyclically Adjusted Book Growth Rate was -16.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -12.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -11.60% 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 SD System Co was -10.80% per year. The lowest was -12.50% per year. And the median was -10.90% per year.

As of today (2025-06-02), SD System Co's current stock price is ₩1829.00. SD System Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩2,147.90. SD System Co's Cyclically Adjusted PB Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SD System Co was 0.98. The lowest was 0.18. And the median was 0.25.


SD System Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for SD System 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.

SD System Co Cyclically Adjusted Book per Share Chart

SD System Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,721.26 3,335.34 2,985.87 2,630.29 2,232.61

SD System Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2,556.65 2,446.37 2,352.20 2,232.61 2,147.90

Competitive Comparison of SD System Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, SD System 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.


SD System Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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


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SD System 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, SD System Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=823.824/122.5900*122.5900
=823.824

Current CPI (Mar. 2025) = 122.5900.

SD System Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 4,562.038 100.051 5,589.768
201509 4,608.025 100.111 5,642.726
201512 5,083.889 100.220 6,218.634
201603 4,566.193 100.561 5,566.474
201606 4,229.866 100.791 5,144.713
201609 4,024.327 101.461 4,862.373
201612 3,876.065 101.561 4,678.621
201703 3,615.903 102.851 4,309.878
201706 3,407.255 102.611 4,070.657
201709 2,918.399 103.491 3,456.999
201712 2,345.582 102.991 2,791.947
201803 2,440.826 104.101 2,874.338
201806 2,079.428 104.130 2,448.059
201809 1,940.452 105.651 2,251.575
201812 2,021.468 104.351 2,374.797
201903 1,883.140 104.491 2,209.323
201906 1,051.845 104.881 1,229.449
201909 952.320 105.200 1,109.739
201912 697.499 105.121 813.407
202003 857.275 105.354 997.524
202006 844.049 105.112 984.399
202009 953.602 106.198 1,100.798
202012 569.749 105.765 660.382
202103 655.008 107.357 747.946
202106 782.234 107.579 891.386
202109 813.678 108.759 917.153
202112 829.530 109.676 927.201
202203 759.201 111.848 832.115
202206 684.074 114.072 735.153
202209 695.616 114.715 743.367
202212 739.129 115.179 786.686
202303 745.476 116.507 784.396
202306 793.440 117.182 830.057
202309 818.813 118.964 843.773
202312 947.398 118.837 977.317
202403 942.857 120.123 962.219
202406 934.647 120.007 954.762
202409 941.132 120.861 954.594
202412 807.833 121.135 817.535
202503 823.824 122.590 823.824

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


SD System Co  (XKRX:121890) 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.

SD System Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1829.00/2147.90
=0.85

* 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 SD System Co was 0.98. The lowest was 0.18. And the median was 0.25.


Be Aware

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


SD System Co Cyclically Adjusted Book per Share Related Terms

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


SD System Co Business Description

Traded in Other Exchanges
N/A
Address
31 Galmachi-ro 244beon-gil, 613 Hyundai I-Valley, Jungwon-gu, Gyeonggi-do, Seongnam-si, KOR
SD System Co Ltd is a Korea-based company engaged in the field of toll collection and traffic management. It develops tollgates, high-pass card readers, smart parking system, and other systems. The portfolio of products and services that the company offers includes car DVR, integrated CCTV surveillance, toll collection systems, traffic management systems, display control systems, parking management systems, IBS and living comfort control systems, and others.

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