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FutureCore Co (XKRX:151910) Cyclically Adjusted Book per Share : ₩2,800.06 (As of Mar. 2024)


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What is FutureCore 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.

FutureCore Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩191.778. 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 ₩2,800.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, FutureCore Co's average Cyclically Adjusted Book Growth Rate was -49.30% 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 (2024-05-29), FutureCore Co's current stock price is ₩640.00. FutureCore Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩2,800.06. FutureCore Co's Cyclically Adjusted PB Ratio of today is 0.23.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of FutureCore Co was 0.78. The lowest was 0.08. And the median was 0.14.


FutureCore Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for FutureCore 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.

FutureCore Co Cyclically Adjusted Book per Share Chart

FutureCore 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 - - - 5,925.73 3,434.13

FutureCore 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 5,520.46 4,832.46 4,161.41 3,434.13 2,800.06

Competitive Comparison of FutureCore Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, FutureCore 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.


FutureCore Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



FutureCore 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, FutureCore 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)
=191.778/118.8477*118.8477
=191.778

Current CPI (Mar. 2024) = 118.8477.

FutureCore Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 22,248.936 99.353 26,614.545
201409 22,400.301 99.608 26,727.012
201412 23,420.594 99.098 28,088.193
201503 23,331.364 99.720 27,806.648
201506 22,684.542 100.050 26,946.583
201509 23,469.655 100.110 27,862.496
201512 -18,724.558 100.220 -22,204.856
201603 3,825.013 100.560 4,520.624
201606 -17,068.569 100.790 -20,126.602
201609 -20,219.695 101.460 -23,684.844
201612 1,321.083 101.560 1,545.960
201703 302.488 102.850 349.538
201706 243.543 102.610 282.083
201709 385.770 103.490 443.017
201712 314.780 102.990 363.248
201803 289.381 104.100 330.377
201806 262.180 104.130 299.236
201809 222.594 105.650 250.400
201812 263.527 104.350 300.140
201903 219.014 104.490 249.108
201906 156.423 104.880 177.255
201909 221.946 105.200 250.739
201912 259.636 105.120 293.542
202003 283.348 105.540 319.076
202006 272.454 104.870 308.768
202009 253.706 106.200 283.921
202012 249.817 105.765 280.717
202103 238.694 107.357 264.242
202106 243.977 107.579 269.534
202109 250.226 108.759 273.437
202112 217.274 109.676 235.443
202203 274.616 111.806 291.912
202206 218.110 114.083 227.220
202209 271.899 114.831 281.409
202212 216.442 115.200 223.295
202303 234.060 116.550 238.675
202306 222.826 117.140 226.075
202309 214.100 119.111 213.626
202312 188.961 118.848 188.961
202403 191.778 118.848 191.778

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


FutureCore Co  (XKRX:151910) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=640.00/2800.06
=0.23

* 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 12 years, the highest Cyclically Adjusted PB Ratio of FutureCore Co was 0.78. The lowest was 0.08. And the median was 0.14.


Be Aware

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


FutureCore Co Cyclically Adjusted Book per Share Related Terms

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


FutureCore Co (XKRX:151910) Business Description

Industry
Traded in Other Exchanges
N/A
Address
4, Madogongdan-ro 2-gil, Mado-myeon, Gyeonggi-do, Hwaseong-si, KOR, 441-813
SBW Life Sciences Co Ltd manufactures electronic components. The company offers optical filters, including IR cutoff filters, blue filters, IR pass filters, IR band pass filters, 2band pass filters, band pass filters, and film filters for imaging. Geographically, the activities are carried out in China.

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