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Vessel Co (XKRX:177350) Cyclically Adjusted Book per Share : ₩788.85 (As of Mar. 2024)


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What is Vessel 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.

Vessel Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩277.276. 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 ₩788.85 for the trailing ten years ended in Mar. 2024.

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 (2024-06-01), Vessel Co's current stock price is ₩413.00. Vessel Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩788.85. Vessel Co's Cyclically Adjusted PB Ratio of today is 0.52.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Vessel Co was 1.24. The lowest was 0.52. And the median was 0.68.


Vessel Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Vessel 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.

Vessel Co Cyclically Adjusted Book per Share Chart

Vessel 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 - - - - 802.68

Vessel 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 - - - 802.68 788.85

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

For the Semiconductors subindustry, Vessel 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.


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

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

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



Vessel 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, Vessel 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)
=277.276/118.8477*118.8477
=277.276

Current CPI (Mar. 2024) = 118.8477.

Vessel Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 99.353 0.000
201409 0.000 99.608 0.000
201412 615.984 99.098 738.746
201503 890.063 99.720 1,060.790
201506 803.244 100.050 954.160
201509 864.664 100.110 1,026.504
201512 886.294 100.220 1,051.028
201603 879.215 100.560 1,039.108
201606 890.457 100.790 1,049.993
201609 839.723 101.460 983.630
201612 973.924 101.560 1,139.707
201703 957.838 102.850 1,106.824
201706 1,015.119 102.610 1,175.758
201709 1,084.465 103.490 1,245.397
201712 1,054.735 102.990 1,217.136
201803 814.847 104.100 930.285
201806 845.163 104.130 964.618
201809 883.988 105.650 994.415
201812 751.955 104.350 856.427
201903 709.681 104.490 807.196
201906 599.909 104.880 679.804
201909 595.826 105.200 673.123
201912 480.030 105.120 542.717
202003 512.197 105.540 576.781
202006 438.175 104.870 496.578
202009 508.913 106.200 569.521
202012 455.648 105.765 512.008
202103 453.702 107.357 502.262
202106 367.728 107.579 406.248
202109 340.557 108.759 372.147
202112 840.378 109.676 910.652
202203 819.461 111.806 871.073
202206 799.464 114.083 832.855
202209 779.491 114.831 806.755
202212 651.983 115.200 672.626
202303 604.257 116.550 616.172
202306 499.866 117.140 507.154
202309 476.999 119.111 475.944
202312 332.856 118.848 332.856
202403 277.276 118.848 277.276

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


Vessel Co  (XKRX:177350) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=413.00/788.85
=0.52

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Vessel Co was 1.24. The lowest was 0.52. And the median was 0.68.


Be Aware

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


Vessel Co Cyclically Adjusted Book per Share Related Terms

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


Vessel Co (XKRX:177350) Business Description

Industry
Traded in Other Exchanges
N/A
Address
14-39, Ogeum-gil, Cheongbuk-myeon, Pyeongtaek-si, Gyeonggi-do, Seoul, KOR, 451831
Vessel Co Ltd opertaes in Semiconductor industry. The company manufactures flat panel display equipment and semiconductor equipment.

Vessel Co (XKRX:177350) Headlines

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