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E-Future Co (XKRX:134060) Cyclically Adjusted Book per Share : ₩4,704.56 (As of Mar. 2024)


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What is E-Future 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.

E-Future Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩5,718.280. 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 ₩4,704.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, E-Future Co's average Cyclically Adjusted Book Growth Rate was 4.30% 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 (2024-05-25), E-Future Co's current stock price is ₩5050.00. E-Future Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩4,704.56. E-Future Co's Cyclically Adjusted PB Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of E-Future Co was 2.83. The lowest was 1.03. And the median was 1.42.


E-Future Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for E-Future 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.

E-Future Co Cyclically Adjusted Book per Share Chart

E-Future 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 - - 4,142.78 4,429.48 4,674.56

E-Future 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 4,508.57 4,558.70 4,660.36 4,674.56 4,704.56

Competitive Comparison of E-Future Co's Cyclically Adjusted Book per Share

For the Publishing subindustry, E-Future 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.


E-Future Co's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



E-Future 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, E-Future 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)
=5718.28/118.8477*118.8477
=5,718.280

Current CPI (Mar. 2024) = 118.8477.

E-Future Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,764.680 99.353 4,503.372
201409 3,829.392 99.608 4,569.055
201412 3,814.016 99.098 4,574.129
201503 3,835.650 99.720 4,571.382
201506 3,832.699 100.050 4,552.798
201509 3,833.826 100.110 4,551.407
201512 3,729.010 100.220 4,422.114
201603 3,822.348 100.560 4,517.475
201606 3,823.220 100.790 4,508.194
201609 3,812.763 101.460 4,466.175
201612 3,766.075 101.560 4,407.142
201703 3,812.469 102.850 4,405.476
201706 3,809.639 102.610 4,412.502
201709 3,779.709 103.490 4,340.610
201712 3,665.778 102.990 4,230.210
201803 3,698.059 104.100 4,221.958
201806 3,677.652 104.130 4,197.450
201809 3,678.594 105.650 4,138.121
201812 3,749.255 104.350 4,270.152
201903 3,829.390 104.490 4,355.577
201906 3,924.670 104.880 4,447.349
201909 4,015.908 105.200 4,536.896
201912 4,086.709 105.120 4,620.395
202003 4,092.292 105.540 4,608.295
202006 4,094.660 104.870 4,640.421
202009 4,107.668 106.200 4,596.863
202012 4,154.613 105.765 4,668.504
202103 4,367.849 107.357 4,835.342
202106 4,404.934 107.579 4,866.361
202109 4,530.085 108.759 4,950.296
202112 4,553.615 109.676 4,934.395
202203 4,679.391 111.806 4,974.115
202206 4,836.671 114.083 5,038.684
202209 5,014.259 114.831 5,189.640
202212 5,207.683 115.200 5,372.570
202303 5,368.137 116.550 5,473.985
202306 5,487.868 117.140 5,567.876
202309 5,478.313 119.111 5,466.194
202312 5,460.789 118.848 5,460.789
202403 5,718.280 118.848 5,718.280

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


E-Future Co  (XKRX:134060) 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.

E-Future Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5050.00/4704.56
=1.07

* 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 E-Future Co was 2.83. The lowest was 1.03. And the median was 1.42.


Be Aware

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


E-Future Co Cyclically Adjusted Book per Share Related Terms

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


E-Future Co (XKRX:134060) Business Description

Traded in Other Exchanges
N/A
Address
91 Baekjegobun-ro, 4th Floor, LK Building, Songpa-gu, Seoul, KOR, 05562
E-Future Co Ltd is a ELT publisher. It is engages in th education business. The company operates academies for the students of all ages and provides various education contents through internet. The company is focused on developing internet-based ELT programs.

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