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Seojeon Electric Machinery Co (XKRX:189860) Cyclically Adjusted Book per Share : ₩3,861.14 (As of Mar. 2024)


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What is Seojeon Electric Machinery 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.

Seojeon Electric Machinery Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩2,727.994. 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 ₩3,861.14 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 (2024-06-13), Seojeon Electric Machinery Co's current stock price is ₩6070.00. Seojeon Electric Machinery Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩3,861.14. Seojeon Electric Machinery Co's Cyclically Adjusted PB Ratio of today is 1.57.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Seojeon Electric Machinery Co was 1.82. The lowest was 1.00. And the median was 1.15.


Seojeon Electric Machinery Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seojeon Electric Machinery 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.

Seojeon Electric Machinery Co Cyclically Adjusted Book per Share Chart

Seojeon Electric Machinery 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 - - - - 3,891.77

Seojeon Electric Machinery 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 - - - 3,891.77 3,861.14

Competitive Comparison of Seojeon Electric Machinery Co's Cyclically Adjusted Book per Share

For the Electrical Equipment & Parts subindustry, Seojeon Electric Machinery 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.


Seojeon Electric Machinery Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Seojeon Electric Machinery 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, Seojeon Electric Machinery 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)
=2727.994/118.8477*118.8477
=2,727.994

Current CPI (Mar. 2024) = 118.8477.

Seojeon Electric Machinery 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 3,342.504 99.098 4,008.647
201503 3,150.565 99.720 3,754.888
201506 3,137.191 100.050 3,726.616
201509 2,974.058 100.110 3,530.716
201512 3,131.123 100.220 3,713.099
201603 3,040.950 100.560 3,593.973
201606 3,119.407 100.790 3,678.285
201609 3,107.342 101.460 3,639.863
201612 3,236.700 101.560 3,787.656
201703 3,055.144 102.850 3,530.353
201706 3,263.689 102.610 3,780.157
201709 3,275.813 103.490 3,761.937
201712 3,469.517 102.990 4,003.730
201803 3,477.199 104.100 3,969.809
201806 3,671.601 104.130 4,190.544
201809 3,591.388 105.650 4,040.021
201812 3,805.884 104.350 4,334.648
201903 3,701.586 104.490 4,210.211
201906 3,836.837 104.880 4,347.819
201909 3,820.415 105.200 4,316.041
201912 3,893.661 105.120 4,402.137
202003 3,776.343 105.540 4,252.508
202006 3,582.507 104.870 4,060.005
202009 3,557.471 106.200 3,981.142
202012 4,125.398 105.765 4,635.675
202103 3,978.906 107.357 4,404.770
202106 4,269.962 107.579 4,717.250
202109 4,143.497 108.759 4,527.848
202112 3,844.619 109.676 4,166.112
202203 3,753.084 111.806 3,989.466
202206 3,549.388 114.083 3,697.635
202209 3,374.970 114.831 3,493.015
202212 3,515.411 115.200 3,626.717
202303 3,168.859 116.550 3,231.342
202306 3,015.927 117.140 3,059.897
202309 2,707.341 119.111 2,701.352
202312 3,129.551 118.848 3,129.551
202403 2,727.994 118.848 2,727.994

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


Seojeon Electric Machinery Co  (XKRX:189860) 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.

Seojeon Electric Machinery Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6070.00/3861.14
=1.57

* 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 Seojeon Electric Machinery Co was 1.82. The lowest was 1.00. And the median was 1.15.


Be Aware

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


Seojeon Electric Machinery Co Cyclically Adjusted Book per Share Related Terms

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


Seojeon Electric Machinery Co (XKRX:189860) Business Description

Traded in Other Exchanges
N/A
Address
38-19, Daewol-ro 667beon-gil, Daewol-myeon, Gyeonggi-do, Icheon, KOR, 17401
Seojeon Electric Machinery Co Ltd is engaged in manufacturing switchboards and electric automatic control panels. The switchboard products offered by the entity include eco-friendly switchboard, special high voltage switchboard, low-voltage switchboard. Motor control panel, MCSG, gas insulated switchgear, Seismic switchgear, rectifier and distribution board for the data center. The other products provided by the company are power control system, smart grid system, electric work and insulation degradation prevention device. In addition, the organization also offers electrical work services.

Seojeon Electric Machinery Co (XKRX:189860) Headlines

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