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Dongwha Enterprise Co (XKRX:025900) Cyclically Adjusted Book per Share : ₩13,633.70 (As of Dec. 2023)


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What is Dongwha Enterprise 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.

Dongwha Enterprise Co's adjusted book value per share for the three months ended in Dec. 2023 was ₩19,253.474. 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 ₩13,633.70 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Dongwha Enterprise Co's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.30% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Dongwha Enterprise Co was 9.10% per year. The lowest was 5.40% per year. And the median was 6.80% per year.

As of today (2024-05-15), Dongwha Enterprise Co's current stock price is ₩19190.00. Dongwha Enterprise Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₩13,633.70. Dongwha Enterprise Co's Cyclically Adjusted PB Ratio of today is 1.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Dongwha Enterprise Co was 3.66. The lowest was 0.43. And the median was 1.26.


Dongwha Enterprise Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Dongwha Enterprise 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.

Dongwha Enterprise Co Cyclically Adjusted Book per Share Chart

Dongwha Enterprise 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 10,885.40 11,654.00 12,155.50 12,942.40 13,633.70

Dongwha Enterprise Co 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 12,942.40 13,134.60 13,224.50 13,446.80 13,633.70

Competitive Comparison of Dongwha Enterprise Co's Cyclically Adjusted Book per Share

For the Lumber & Wood Production subindustry, Dongwha Enterprise 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.


Dongwha Enterprise Co's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Dongwha Enterprise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Dongwha Enterprise 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, Dongwha Enterprise Co'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)
=19253.474/118.8477*118.8477
=19,253.474

Current CPI (Dec. 2023) = 118.8477.

Dongwha Enterprise Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 8,968.918 99.253 10,739.577
201406 9,151.342 99.353 10,946.986
201409 9,339.293 99.608 11,143.216
201412 9,393.904 99.098 11,266.059
201503 9,533.197 99.720 11,361.798
201506 9,731.349 100.050 11,559.705
201509 9,857.918 100.110 11,703.035
201512 9,814.574 100.220 11,638.790
201603 10,048.229 100.560 11,875.586
201606 10,264.420 100.790 12,103.410
201609 10,435.894 101.460 12,224.345
201612 10,644.625 101.560 12,456.570
201703 10,682.866 102.850 12,344.522
201706 11,207.954 102.610 12,981.576
201709 11,549.756 103.490 13,263.716
201712 11,153.046 102.990 12,870.316
201803 11,207.273 104.100 12,794.992
201806 11,517.993 104.130 13,145.942
201809 11,880.282 105.650 13,364.356
201812 17,678.418 104.350 20,134.541
201903 17,845.514 104.490 20,297.620
201906 11,705.276 104.880 13,264.160
201909 11,819.517 105.200 13,352.875
201912 12,091.287 105.120 13,670.297
202003 12,111.366 105.540 13,638.507
202006 12,133.262 104.870 13,750.456
202009 12,261.703 106.200 13,721.989
202012 12,154.646 105.765 13,658.075
202103 12,651.167 107.357 14,005.228
202106 13,106.669 107.579 14,479.622
202109 13,945.528 108.759 15,239.115
202112 13,731.183 109.676 14,879.404
202203 14,274.052 111.806 15,173.079
202206 14,491.977 114.083 15,097.264
202209 15,033.439 114.831 15,559.256
202212 14,568.997 115.200 15,030.285
202303 14,487.340 116.550 14,772.998
202306 13,759.745 117.140 13,960.350
202309 12,651.303 119.111 12,623.316
202312 19,253.474 118.848 19,253.474

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


Dongwha Enterprise Co  (XKRX:025900) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19190.00/13633.7
=1.41

* 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 Dongwha Enterprise Co was 3.66. The lowest was 0.43. And the median was 1.26.


Be Aware

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


Dongwha Enterprise Co Cyclically Adjusted Book per Share Related Terms

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


Dongwha Enterprise Co (XKRX:025900) Business Description

Traded in Other Exchanges
N/A
Address
53-2, Yeouinaru-ro, Wonchang Building, Yeongdeungpo-gu, Seoul, KOR
Dongwha Enterprise Co Ltd is a Korea-based holding company engaged in manufacturing of PB, MDF, and MFB for furniture and interior design using waste wood and wood by-products, and also the company manufactures chemical and building material. Its chemical material includes LPM, phenolic surface paper, resin, and its building material includes flooring products, wall panels, and treated wood.

Dongwha Enterprise Co (XKRX:025900) Headlines

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