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Emnet (XKRX:123570) Cyclically Adjusted Book per Share : ₩2,939.10 (As of Mar. 2024)


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What is Emnet 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.

Emnet's adjusted book value per share for the three months ended in Mar. 2024 was ₩4,225.641. 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 ₩2,939.10 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Emnet's average Cyclically Adjusted Book Growth Rate was 11.10% 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.

As of today (2024-06-01), Emnet's current stock price is ₩3280.00. Emnet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩2,939.10. Emnet's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Emnet was 3.23. The lowest was 0.96. And the median was 1.61.


Emnet Cyclically Adjusted Book per Share Historical Data

The historical data trend for Emnet'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.

Emnet Cyclically Adjusted Book per Share Chart

Emnet 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 - - 2,197.14 2,555.63 2,878.34

Emnet 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 2,645.88 2,717.52 2,823.24 2,878.34 2,939.10

Competitive Comparison of Emnet's Cyclically Adjusted Book per Share

For the Advertising Agencies subindustry, Emnet'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.


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

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

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



Emnet 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, Emnet'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)
=4225.641/118.8477*118.8477
=4,225.641

Current CPI (Mar. 2024) = 118.8477.

Emnet Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,482.365 99.353 1,773.230
201409 1,508.577 99.608 1,799.965
201412 1,527.221 99.098 1,831.588
201503 1,539.324 99.720 1,834.588
201506 1,563.895 100.050 1,857.724
201509 1,592.328 100.110 1,890.366
201512 1,666.024 100.220 1,975.685
201603 1,687.730 100.560 1,994.658
201606 1,713.723 100.790 2,020.756
201609 1,745.471 101.460 2,044.601
201612 1,773.076 101.560 2,074.892
201703 1,818.966 102.850 2,101.895
201706 1,860.815 102.610 2,155.283
201709 1,907.303 103.490 2,190.343
201712 1,957.568 102.990 2,258.981
201803 2,020.188 104.100 2,306.385
201806 2,072.550 104.130 2,365.484
201809 2,257.418 105.650 2,539.413
201812 2,336.652 104.350 2,661.291
201903 2,382.200 104.490 2,709.532
201906 2,454.460 104.880 2,781.340
201909 2,539.574 105.200 2,869.035
201912 2,617.033 105.120 2,958.793
202003 2,659.452 105.540 2,994.786
202006 2,679.920 104.870 3,037.116
202009 2,725.968 106.200 3,050.612
202012 2,861.456 105.765 3,215.394
202103 2,934.844 107.357 3,248.962
202106 3,871.909 107.579 4,277.500
202109 4,017.085 108.759 4,389.710
202112 4,060.215 109.676 4,399.736
202203 3,944.441 111.806 4,192.875
202206 3,986.066 114.083 4,152.552
202209 4,097.763 114.831 4,241.089
202212 4,160.159 115.200 4,291.879
202303 4,125.374 116.550 4,206.717
202306 4,141.792 117.140 4,202.176
202309 4,218.407 119.111 4,209.075
202312 4,232.301 118.848 4,232.301
202403 4,225.641 118.848 4,225.641

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


Emnet  (XKRX:123570) 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.

Emnet's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3280.00/2939.1
=1.12

* 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 Emnet was 3.23. The lowest was 0.96. And the median was 1.61.


Be Aware

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


Emnet Cyclically Adjusted Book per Share Related Terms

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


Emnet (XKRX:123570) Business Description

Traded in Other Exchanges
N/A
Address
Daeryung Post Tower III, 7th Floor, Guro-gu, SEOUL, KOR, 152-050
Emnet Inc operates as a online marketing consulting company. It provides various services, including strategy adopting and consulting, search advertisement, banner advertisement, viral marketing, and global advertisement.

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