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Rayence Co (XKRX:228850) Cyclically Adjusted Book per Share : ₩13,708.68 (As of Mar. 2025)


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What is Rayence 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.

Rayence Co's adjusted book value per share for the three months ended in Mar. 2025 was ₩15,442.026. 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 ₩13,708.68 for the trailing ten years ended in Mar. 2025.

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 (2025-06-02), Rayence Co's current stock price is ₩6780.00. Rayence Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ₩13,708.68. Rayence Co's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Rayence Co was 0.54. The lowest was 0.45. And the median was 0.49.


Rayence Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rayence 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.

Rayence Co Cyclically Adjusted Book per Share Chart

Rayence Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 13,499.70

Rayence Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - 13,171.30 13,499.70 13,708.68

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

For the Medical Devices subindustry, Rayence 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.


Rayence Co's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Rayence Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Rayence 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, Rayence Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=15442.026/122.5900*122.5900
=15,442.026

Current CPI (Mar. 2025) = 122.5900.

Rayence Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 100.051 0.000
201509 0.000 100.111 0.000
201512 4,766.754 100.220 5,830.713
201603 5,002.029 100.561 6,097.785
201606 9,828.502 100.791 11,954.238
201609 9,786.157 101.461 11,824.076
201612 10,149.796 101.561 12,251.355
201703 10,057.152 102.851 11,987.351
201706 10,280.883 102.611 12,282.599
201709 10,551.796 103.491 12,499.163
201712 10,913.167 102.991 12,989.948
201803 11,081.669 104.101 13,049.869
201806 11,294.942 104.130 13,297.253
201809 11,515.295 105.651 13,361.603
201812 11,557.224 104.351 13,577.294
201903 11,766.919 104.491 13,805.093
201906 12,073.755 104.881 14,112.404
201909 12,389.246 105.200 14,437.199
201912 12,347.263 105.121 14,399.089
202003 12,477.859 105.354 14,519.219
202006 12,508.047 105.112 14,587.910
202009 12,414.837 106.198 14,331.161
202012 11,957.763 105.765 13,859.941
202103 12,260.688 107.357 14,000.344
202106 12,320.925 107.579 14,040.173
202109 12,534.132 108.759 14,128.085
202112 12,746.308 109.676 14,247.093
202203 12,960.791 111.848 14,205.559
202206 13,332.434 114.072 14,327.958
202209 13,761.098 114.715 14,705.737
202212 14,282.388 115.179 15,201.338
202303 14,462.738 116.507 15,217.806
202306 14,842.641 117.182 15,527.622
202309 15,161.704 118.964 15,623.882
202312 15,265.725 118.837 15,747.820
202403 15,432.096 120.123 15,749.003
202406 15,650.178 120.007 15,986.988
202409 15,779.804 120.861 16,005.518
202412 15,531.046 121.135 15,717.570
202503 15,442.026 122.590 15,442.026

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


Rayence Co  (XKRX:228850) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6780.00/13708.68
=0.49

* 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 Rayence Co was 0.54. The lowest was 0.45. And the median was 0.49.


Be Aware

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


Rayence Co Cyclically Adjusted Book per Share Related Terms

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


Rayence Co Business Description

Traded in Other Exchanges
N/A
Address
14 Samsung 1-ro 1-gil, Gyeonggi-do, Hwaseong, KOR, 18449
Rayence Co Ltd is engaged in providing dental, medical, veterinary, and industrial X-ray detector products. It also has the techniques for designing products such as CMOS Wafer, developing flat panel detectors (TFT), and using the core technology of scintillator, which is used for radiation detection. TFT based detectors have diagnostic imaging capabilities with a high grey scale range. CMOS products provide both static and dynamic imaging capabilities and are produced utilizing ASIC design.

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