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SJM Co (XKRX:123700) Cyclically Adjusted Book per Share : ₩11,676.90 (As of Mar. 2024)


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What is SJM 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.

SJM Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩12,477.665. 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 ₩11,676.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SJM Co's average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 SJM Co was 6.90% per year. The lowest was 6.90% per year. And the median was 6.90% per year.

As of today (2024-06-25), SJM Co's current stock price is ₩3575.00. SJM Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩11,676.90. SJM Co's Cyclically Adjusted PB Ratio of today is 0.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SJM Co was 0.63. The lowest was 0.24. And the median was 0.36.


SJM Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for SJM 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.

SJM Co Cyclically Adjusted Book per Share Chart

SJM 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 - 9,513.50 10,274.30 11,032.00 11,613.00

SJM 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 11,219.60 11,323.80 11,573.20 11,613.00 11,676.90

Competitive Comparison of SJM Co's Cyclically Adjusted Book per Share

For the Auto Parts subindustry, SJM 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.


SJM Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SJM Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SJM 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, SJM 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)
=12477.665/118.8477*118.8477
=12,477.665

Current CPI (Mar. 2024) = 118.8477.

SJM Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 8,501.098 99.353 10,169.154
201409 8,704.049 99.608 10,385.272
201412 8,378.511 99.098 10,048.303
201503 8,780.566 99.720 10,464.802
201506 9,203.842 100.050 10,933.088
201509 9,496.241 100.110 11,273.663
201512 9,107.747 100.220 10,800.587
201603 9,795.377 100.560 11,576.750
201606 9,885.799 100.790 11,656.955
201609 9,764.645 101.460 11,438.060
201612 10,177.121 101.560 11,909.486
201703 9,575.747 102.850 11,065.197
201706 10,074.988 102.610 11,669.322
201709 10,252.268 103.490 11,773.683
201712 10,281.722 102.990 11,864.832
201803 10,321.353 104.100 11,783.565
201806 10,284.631 104.130 11,738.257
201809 10,088.738 105.650 11,349.014
201812 10,106.714 104.350 11,510.874
201903 10,237.347 104.490 11,644.034
201906 10,466.777 104.880 11,860.721
201909 10,713.656 105.200 12,103.549
201912 10,621.319 105.120 12,008.365
202003 10,466.384 105.540 11,786.106
202006 10,415.449 104.870 11,803.682
202009 10,497.718 106.200 11,747.925
202012 10,466.229 105.765 11,760.814
202103 10,885.839 107.357 12,050.956
202106 11,124.788 107.579 12,290.135
202109 11,528.751 108.759 12,598.158
202112 11,131.946 109.676 12,062.816
202203 11,589.047 111.806 12,318.964
202206 11,746.932 114.083 12,237.566
202209 12,290.019 114.831 12,719.881
202212 11,351.994 115.200 11,711.424
202303 11,777.754 116.550 12,009.985
202306 11,899.416 117.140 12,072.899
202309 12,265.004 119.111 12,237.871
202312 12,162.309 118.848 12,162.309
202403 12,477.665 118.848 12,477.665

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


SJM Co  (XKRX:123700) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3575.00/11676.9
=0.31

* 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 SJM Co was 0.63. The lowest was 0.24. And the median was 0.36.


Be Aware

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


SJM Co Cyclically Adjusted Book per Share Related Terms

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


SJM Co (XKRX:123700) Business Description

Industry
Traded in Other Exchanges
N/A
Address
459th street 20, Munwon-dong, Danwon-Gu, Ansan, Gyeonggi, KOR, 425-100
SJM Co Ltd manufactures and sells automobile and industrial products in Korea and internationally. It offers non-self supporting and self supporting products, crossover joints, automotive flex couplings, flexlers, and decoupler and thermal cross-over joints for emissions system applications. The company also provides bellows type expansion joints, flexible joints, and ball and slip joints in various materials, as well as engineering support services.

SJM Co (XKRX:123700) Headlines

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