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Smart Solutions Co (XKRX:136510) Cyclically Adjusted Book per Share : ₩1,209.32 (As of Mar. 2024)


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What is Smart Solutions 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.

Smart Solutions Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩136.033. 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 ₩1,209.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Smart Solutions Co's average Cyclically Adjusted Book Growth Rate was -9.00% 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.

As of today (2024-09-24), Smart Solutions Co's current stock price is ₩63.00. Smart Solutions Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩1,209.32. Smart Solutions Co's Cyclically Adjusted PB Ratio of today is 0.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Smart Solutions Co was 36.79. The lowest was 0.05. And the median was 8.92.


Smart Solutions Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Smart Solutions 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.

Smart Solutions Co Cyclically Adjusted Book per Share Chart

Smart Solutions Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1,370.82 1,329.20

Smart Solutions Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1,329.20 1,301.03 1,266.93 1,247.83 1,209.32

Competitive Comparison of Smart Solutions Co's Cyclically Adjusted Book per Share

For the Semiconductors subindustry, Smart Solutions 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.


Smart Solutions Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Smart Solutions Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Smart Solutions 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, Smart Solutions 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)
=136.033/118.8477*118.8477
=136.033

Current CPI (Mar. 2024) = 118.8477.

Smart Solutions Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.253 0.000
201406 1,246.196 99.353 1,490.720
201409 1,241.837 99.608 1,481.703
201412 1,239.526 99.098 1,486.557
201503 1,223.983 99.720 1,458.760
201506 1,220.449 100.050 1,449.751
201509 1,201.788 100.110 1,426.728
201512 1,251.005 100.220 1,483.527
201603 1,166.950 100.560 1,379.170
201606 1,209.985 100.790 1,426.768
201609 1,153.909 101.460 1,351.660
201612 1,416.126 101.560 1,657.181
201703 1,426.243 102.850 1,648.087
201706 1,531.395 102.610 1,773.733
201709 1,599.504 103.490 1,836.867
201712 1,540.404 102.990 1,777.585
201803 1,478.602 104.100 1,688.073
201806 1,567.598 104.130 1,789.162
201809 1,647.873 105.650 1,853.724
201812 1,567.269 104.350 1,785.015
201903 1,486.841 104.490 1,691.144
201906 1,425.839 104.880 1,615.729
201909 1,367.236 105.200 1,544.609
201912 1,273.953 105.120 1,440.319
202003 1,217.237 105.540 1,370.720
202006 1,066.967 104.870 1,209.179
202009 969.602 106.200 1,085.075
202012 794.276 105.765 892.521
202103 758.550 107.357 839.738
202106 782.404 107.579 864.363
202109 1,329.824 108.759 1,453.178
202112 1,517.562 109.676 1,644.463
202203 1,393.371 111.806 1,481.130
202206 785.716 114.083 818.533
202209 212.662 114.831 220.100
202212 -629.116 115.200 -649.035
202303 -205.378 116.550 -209.428
202306 -238.733 117.140 -242.214
202309 -288.176 119.111 -287.538
202403 136.033 118.848 136.033

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


Smart Solutions Co  (XKRX:136510) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=63.00/1209.32
=0.05

* 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 Smart Solutions Co was 36.79. The lowest was 0.05. And the median was 8.92.


Be Aware

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


Smart Solutions Co Cyclically Adjusted Book per Share Related Terms

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


Smart Solutions Co Business Description

Traded in Other Exchanges
N/A
Address
94, Saneop-ro, Gwonseon-gu, Gyeonggi-do, Suwon-si, KOR, 441-813
Smart Solutions Co Ltd manufactures LED processing equipment, electronic communication devices, etc. The company's products are specialized in plasma analysis and glass inspection. Its products include EGIS-CRACK, EGIS, OWI, Smart TS WBG, Smart EV, and Smart-EPD.

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