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Ameridge (XKRX:900100) Cyclically Adjusted Book per Share : ₩2,740.29 (As of Dec. 2023)


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What is Ameridge 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.

Ameridge's adjusted book value per share for the three months ended in Dec. 2023 was ₩1,146.864. 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 ₩2,740.29 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Ameridge's average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.40% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Ameridge was -3.40% per year. The lowest was -3.40% per year. And the median was -3.40% per year.

As of today (2024-05-29), Ameridge's current stock price is ₩1420.00. Ameridge's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩2,740.29. Ameridge's Cyclically Adjusted PB Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ameridge was 1.28. The lowest was 0.54. And the median was 1.10.


Ameridge Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ameridge'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.

Ameridge Cyclically Adjusted Book per Share Chart

Ameridge 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 - 3,042.49 2,817.51 2,799.48 2,740.29

Ameridge Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2,799.48 2,792.05 2,759.41 2,726.21 2,740.29

Competitive Comparison of Ameridge's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Ameridge'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.


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

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

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



Ameridge 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, Ameridge's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1146.864/129.4194*129.4194
=1,146.864

Current CPI (Dec. 2023) = 129.4194.

Ameridge Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,814.568 99.695 3,653.759
201406 733.078 100.560 943.466
201409 681.004 100.428 877.597
201412 886.070 99.070 1,157.515
201503 1,370.471 99.621 1,780.401
201506 1,971.419 100.684 2,534.068
201509 2,195.337 100.392 2,830.112
201512 2,118.386 99.792 2,747.306
201603 2,483.831 100.470 3,199.509
201606 2,139.211 101.688 2,722.594
201609 3,271.587 101.861 4,156.712
201612 2,612.212 101.863 3,318.888
201703 3,120.931 102.862 3,926.700
201706 3,779.263 103.349 4,732.600
201709 4,044.712 104.136 5,026.756
201712 3,338.970 104.011 4,154.629
201803 3,658.563 105.290 4,497.020
201806 3,611.693 106.317 4,396.513
201809 3,307.497 106.507 4,019.036
201812 3,405.579 105.998 4,158.082
201903 3,467.885 107.251 4,184.704
201906 3,490.398 108.070 4,179.951
201909 3,705.489 108.329 4,426.888
201912 1,017.283 108.420 1,214.315
202003 1,902.810 108.902 2,261.314
202006 1,874.233 108.767 2,230.101
202009 1,778.538 109.815 2,096.048
202012 1,260.936 109.897 1,484.935
202103 1,320.866 111.754 1,529.655
202106 1,693.203 114.631 1,911.634
202109 1,796.067 115.734 2,008.444
202112 1,755.416 117.630 1,931.360
202203 1,803.253 121.301 1,923.941
202206 1,986.723 125.017 2,056.688
202209 2,348.304 125.227 2,426.931
202212 2,031.029 125.222 2,099.112
202303 1,970.817 127.348 2,002.877
202306 1,898.188 128.729 1,908.373
202309 1,760.041 129.860 1,754.076
202312 1,146.864 129.419 1,146.864

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


Ameridge  (XKRX:900100) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1420.00/2740.29
=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 13 years, the highest Cyclically Adjusted PB Ratio of Ameridge was 1.28. The lowest was 0.54. And the median was 1.10.


Be Aware

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


Ameridge Cyclically Adjusted Book per Share Related Terms

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


Ameridge (XKRX:900100) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5809 Smithway Street, Commerce, CA, USA, 90040
Ameridge Corp is engaged in the fashion business including the management of famous women's clothing stores in the United States; Ecommerce business includes shopping malls to create a Yanji Hallyu Town in China; and Wellness business including the development of technology and resources for a healthy and well-being life.

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