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Daesung Industrial Co (XKRX:128820) Cyclically Adjusted Book per Share : ₩15,167.40 (As of Mar. 2024)


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What is Daesung Industrial 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.

Daesung Industrial Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩16,120.905. 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 ₩15,167.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daesung Industrial Co's average Cyclically Adjusted Book Growth Rate was -51.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -48.00% 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 Daesung Industrial Co was -48.00% per year. The lowest was -48.00% per year. And the median was -48.00% per year.

As of today (2024-06-20), Daesung Industrial Co's current stock price is ₩3885.00. Daesung Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩15,167.40. Daesung Industrial Co's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daesung Industrial Co was 0.26. The lowest was 0.02. And the median was 0.07.


Daesung Industrial Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daesung Industrial 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.

Daesung Industrial Co Cyclically Adjusted Book per Share Chart

Daesung Industrial 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 - 126,195.00 79,824.80 39,449.40 17,793.60

Daesung Industrial 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 30,943.60 22,802.90 20,683.70 17,793.60 15,167.40

Competitive Comparison of Daesung Industrial Co's Cyclically Adjusted Book per Share

For the Oil & Gas Refining & Marketing subindustry, Daesung Industrial 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.


Daesung Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Daesung Industrial Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daesung Industrial 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, Daesung Industrial 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)
=16120.905/118.8477*118.8477
=16,120.905

Current CPI (Mar. 2024) = 118.8477.

Daesung Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 81,906.699 99.353 97,978.147
201409 65,839.887 99.608 78,557.135
201412 2,761.951 99.098 3,312.393
201503 5,007.469 99.720 5,967.972
201506 3,758.351 100.050 4,464.481
201509 2,939.090 100.110 3,489.203
201512 961.069 100.220 1,139.701
201603 -102.540 100.560 -121.188
201606 -1,573.394 100.790 -1,855.286
201609 -1,976.467 101.460 -2,315.184
201612 8,920.907 101.560 10,439.438
201703 -4,171.573 102.850 -4,820.436
201706 -4,944.935 102.610 -5,727.455
201709 13,686.736 103.490 15,717.819
201712 12,954.889 102.990 14,949.595
201803 13,552.288 104.100 15,472.222
201806 13,330.461 104.130 15,214.584
201809 13,811.590 105.650 15,536.921
201812 14,334.642 104.350 16,326.203
201903 14,745.764 104.490 16,771.941
201906 14,491.700 104.880 16,421.674
201909 14,232.242 105.200 16,078.605
201912 12,384.532 105.120 14,001.837
202003 12,287.777 105.540 13,837.162
202006 11,823.110 104.870 13,398.965
202009 11,597.511 106.200 12,978.696
202012 14,351.295 105.765 16,126.431
202103 14,297.344 107.357 15,827.597
202106 14,258.127 107.579 15,751.698
202109 13,692.321 108.759 14,962.420
202112 13,958.008 109.676 15,125.197
202203 12,766.557 111.806 13,570.637
202206 13,871.390 114.083 14,450.757
202209 14,093.500 114.831 14,586.442
202212 16,329.138 115.200 16,846.156
202303 16,511.498 116.550 16,837.068
202306 16,496.830 117.140 16,737.340
202309 16,667.685 119.111 16,630.812
202312 15,906.006 118.848 15,906.006
202403 16,120.905 118.848 16,120.905

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


Daesung Industrial Co  (XKRX:128820) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3885.00/15167.4
=0.26

* 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 Daesung Industrial Co was 0.26. The lowest was 0.02. And the median was 0.07.


Be Aware

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


Daesung Industrial Co Cyclically Adjusted Book per Share Related Terms

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


Daesung Industrial Co (XKRX:128820) Business Description

Industry
Traded in Other Exchanges
N/A
Address
662 Kyunglnro, Guro-gu, Seoul, KOR, 152-888
Daesung Industrial Co Ltd is a holding company that engages in the sale and distribution of petroleum and gas products. It operates through the following business divisions: Petroleum and Gas, Construction, Machinery, Cogeneration, Gas Boiler, Computer System, Industrial Gas, Food and Overseas.

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