GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sinjin Sm Co Ltd (XKRX:138070) » Definitions » Cyclically Adjusted Book per Share

Sinjin Sm Co (XKRX:138070) Cyclically Adjusted Book per Share : ₩4,373.42 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Sinjin Sm 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.

Sinjin Sm Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩4,563.393. 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 ₩4,373.42 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sinjin Sm Co's average Cyclically Adjusted Book Growth Rate was 4.00% 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 (2024-05-29), Sinjin Sm Co's current stock price is ₩3065.00. Sinjin Sm Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩4,373.42. Sinjin Sm Co's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sinjin Sm Co was 1.24. The lowest was 0.61. And the median was 0.71.


Sinjin Sm Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sinjin Sm 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.

Sinjin Sm Co Cyclically Adjusted Book per Share Chart

Sinjin Sm 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 - - 3,872.04 4,135.42 4,352.94

Sinjin Sm 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 4,206.32 4,248.63 4,341.19 4,352.94 4,373.42

Competitive Comparison of Sinjin Sm Co's Cyclically Adjusted Book per Share

For the Tools & Accessories subindustry, Sinjin Sm 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.


Sinjin Sm Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Sinjin Sm Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sinjin Sm 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, Sinjin Sm 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)
=4563.393/118.8477*118.8477
=4,563.393

Current CPI (Mar. 2024) = 118.8477.

Sinjin Sm Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,152.461 99.353 3,771.026
201409 3,263.377 99.608 3,893.712
201412 3,349.164 99.098 4,016.634
201503 3,365.133 99.720 4,010.613
201506 3,480.350 100.050 4,134.249
201509 3,475.863 100.110 4,126.444
201512 3,530.189 100.220 4,186.338
201603 3,436.224 100.560 4,061.131
201606 3,474.809 100.790 4,097.361
201609 3,464.678 101.460 4,058.437
201612 3,527.043 101.560 4,127.422
201703 3,616.579 102.850 4,179.116
201706 3,717.909 102.610 4,306.256
201709 3,776.222 103.490 4,336.605
201712 3,807.274 102.990 4,393.492
201803 3,861.285 104.100 4,408.308
201806 3,914.982 104.130 4,468.324
201809 3,920.557 105.650 4,410.309
201812 3,922.761 104.350 4,467.764
201903 3,923.455 104.490 4,462.567
201906 4,012.686 104.880 4,547.087
201909 4,040.518 105.200 4,564.698
201912 4,014.448 105.120 4,538.698
202003 4,034.561 105.540 4,543.285
202006 4,103.864 104.870 4,650.852
202009 4,051.992 106.200 4,534.557
202012 4,024.946 105.765 4,522.798
202103 3,988.000 107.357 4,414.838
202106 4,062.491 107.579 4,488.046
202109 4,123.580 108.759 4,506.083
202112 4,251.173 109.676 4,606.662
202203 4,269.123 111.806 4,538.007
202206 4,377.138 114.083 4,559.958
202209 4,453.822 114.831 4,609.601
202212 4,467.327 115.200 4,608.773
202303 4,443.516 116.550 4,531.132
202306 4,499.903 117.140 4,565.508
202309 4,535.018 119.111 4,524.986
202312 4,601.603 118.848 4,601.603
202403 4,563.393 118.848 4,563.393

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


Sinjin Sm Co  (XKRX:138070) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3065.00/4373.42
=0.70

* 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 Sinjin Sm Co was 1.24. The lowest was 0.61. And the median was 0.71.


Be Aware

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


Sinjin Sm Co Cyclically Adjusted Book per Share Related Terms

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


Sinjin Sm Co (XKRX:138070) Business Description

Traded in Other Exchanges
N/A
Address
Changmuro, Janggye-myeon, Jangsu-gun, Jeonbuk, KOR, 352-73
Sinjin Sm Co Ltd is the first standard plate manufacturer in Korea. The Company's products portfolio includes standard plates such as standard steel plates, standard special steel plates, standard stainless plates and standard aluminum plates, L-brackets, blocks and others.

Sinjin Sm Co (XKRX:138070) Headlines

No Headlines