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Samyang (XKRX:145990) Cyclically Adjusted Book per Share : ₩128,425.00 (As of Mar. 2024)


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What is Samyang 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.

Samyang's adjusted book value per share for the three months ended in Mar. 2024 was ₩154,998.147. 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 ₩128,425.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Samyang'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 (2024-06-20), Samyang's current stock price is ₩54700.00. Samyang's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩128,425.00. Samyang's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Samyang was 0.56. The lowest was 0.29. And the median was 0.35.


Samyang Cyclically Adjusted Book per Share Historical Data

The historical data trend for Samyang'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.

Samyang Cyclically Adjusted Book per Share Chart

Samyang 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 - - 114,385.00 121,599.00 127,568.00

Samyang 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 123,530.00 124,593.00 127,221.00 127,568.00 128,425.00

Competitive Comparison of Samyang's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Samyang'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.


Samyang's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Samyang's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Samyang 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, Samyang'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)
=154998.147/118.8477*118.8477
=154,998.147

Current CPI (Mar. 2024) = 118.8477.

Samyang Quarterly Data

Book Value per Share CPI Adj_Book
201406 105,015.161 99.353 125,620.871
201409 107,170.638 99.608 127,871.093
201412 96,359.852 99.098 115,563.854
201503 95,991.988 99.720 114,404.603
201506 97,460.069 100.050 115,771.165
201509 100,463.080 100.110 119,266.866
201512 101,792.328 100.220 120,712.274
201603 99,834.965 100.560 117,990.811
201606 103,411.079 100.790 121,938.376
201609 106,411.046 101.460 124,647.231
201612 105,579.233 101.560 123,551.093
201703 104,750.100 102.850 121,043.349
201706 106,325.085 102.610 123,150.685
201709 107,840.297 103.490 123,843.572
201712 107,905.590 102.990 124,520.159
201803 108,435.090 104.100 123,796.936
201806 110,529.848 104.130 126,152.100
201809 111,882.374 105.650 125,858.616
201812 109,115.883 104.350 124,275.723
201903 108,642.328 104.490 123,570.589
201906 111,356.355 104.880 126,186.562
201909 111,903.648 105.200 126,421.019
201912 110,582.291 105.120 125,023.316
202003 110,183.455 105.540 124,076.655
202006 112,577.805 104.870 127,582.847
202009 114,678.398 106.200 128,335.818
202012 116,193.248 105.765 130,565.386
202103 119,317.897 107.357 132,088.557
202106 123,740.508 107.579 136,702.604
202109 128,741.193 108.759 140,683.222
202112 125,719.997 109.676 136,232.886
202203 127,972.626 111.806 136,032.766
202206 125,950.187 114.083 131,210.753
202209 126,175.270 114.831 130,588.443
202212 131,733.170 115.200 135,904.141
202303 136,040.908 116.550 138,723.333
202306 137,412.550 117.140 139,415.908
202309 144,103.740 119.111 143,784.951
202312 148,885.313 118.848 148,885.313
202403 154,998.147 118.848 154,998.147

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


Samyang  (XKRX:145990) 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.

Samyang's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=54700.00/128425
=0.43

* 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 Samyang was 0.56. The lowest was 0.29. And the median was 0.35.


Be Aware

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


Samyang Cyclically Adjusted Book per Share Related Terms

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


Samyang (XKRX:145990) Business Description

Industry
Traded in Other Exchanges
Address
263 Yeonji-dong, Jongno-gu, Seoul, KOR
Samyang Corporation is a South Korea based company that manufactures groceries, chemicals and medicines. The company also engages in the manufacture of engineering plastic industrial material and assorted feed. Its main business fields include Chemicals and Foodstuffs. The Chemicals business category encompasses around the Engineering Plastics and on PET-Based Products (Industrial Fiber and Bottles). The Foodstuffs segment provides a wide range of food products covering Sugar, Flour, Vegetable Oils, Margarine, Shortening and Baking Mix.

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