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Choong Ang Vaccine Laboratory Co (XKRX:072020) Cyclically Adjusted Book per Share : ₩8,964.29 (As of Mar. 2024)


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What is Choong Ang Vaccine Laboratory 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.

Choong Ang Vaccine Laboratory Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩10,349.694. 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 ₩8,964.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Choong Ang Vaccine Laboratory Co's average Cyclically Adjusted Book Growth Rate was 6.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Choong Ang Vaccine Laboratory Co was 9.70% per year. The lowest was 8.40% per year. And the median was 9.20% per year.

As of today (2024-06-09), Choong Ang Vaccine Laboratory Co's current stock price is ₩10650.00. Choong Ang Vaccine Laboratory Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩8,964.29. Choong Ang Vaccine Laboratory Co's Cyclically Adjusted PB Ratio of today is 1.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Choong Ang Vaccine Laboratory Co was 5.17. The lowest was 1.17. And the median was 2.63.


Choong Ang Vaccine Laboratory Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Choong Ang Vaccine Laboratory 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.

Choong Ang Vaccine Laboratory Co Cyclically Adjusted Book per Share Chart

Choong Ang Vaccine Laboratory 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 6,263.14 6,722.94 7,404.20 8,210.98 8,868.61

Choong Ang Vaccine Laboratory 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 8,408.70 8,549.42 8,790.50 8,868.61 8,964.29

Competitive Comparison of Choong Ang Vaccine Laboratory Co's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Choong Ang Vaccine Laboratory 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.


Choong Ang Vaccine Laboratory Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Choong Ang Vaccine Laboratory Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Choong Ang Vaccine Laboratory Co's Cyclically Adjusted PB Ratio falls into.



Choong Ang Vaccine Laboratory 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, Choong Ang Vaccine Laboratory 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)
=10349.694/118.8477*118.8477
=10,349.694

Current CPI (Mar. 2024) = 118.8477.

Choong Ang Vaccine Laboratory Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 5,570.361 99.353 6,663.358
201409 5,711.106 99.608 6,814.230
201412 5,745.409 99.098 6,890.438
201503 5,706.713 99.720 6,801.341
201506 5,752.654 100.050 6,833.480
201509 5,865.260 100.110 6,963.067
201512 6,064.887 100.220 7,192.156
201603 6,151.142 100.560 7,269.780
201606 6,301.012 100.790 7,429.912
201609 6,484.493 101.460 7,595.773
201612 6,671.039 101.560 7,806.594
201703 6,712.942 102.850 7,757.100
201706 6,843.635 102.610 7,926.618
201709 7,038.567 103.490 8,083.076
201712 7,147.475 102.990 8,247.995
201803 7,347.787 104.100 8,388.738
201806 7,634.122 104.130 8,713.126
201809 8,507.659 105.650 9,570.428
201812 8,535.697 104.350 9,721.590
201903 8,585.009 104.490 9,764.653
201906 8,523.404 104.880 9,658.533
201909 8,644.428 105.200 9,765.878
201912 8,672.555 105.120 9,805.110
202003 8,741.110 105.540 9,843.290
202006 8,953.243 104.870 10,146.585
202009 9,040.321 106.200 10,116.962
202012 8,880.478 105.765 9,978.919
202103 8,976.959 107.357 9,937.768
202106 9,193.145 107.579 10,156.148
202109 9,343.807 108.759 10,210.538
202112 9,527.510 109.676 10,324.214
202203 9,656.756 111.806 10,264.971
202206 9,811.631 114.083 10,221.434
202209 10,057.526 114.831 10,409.303
202212 9,859.414 115.200 10,171.585
202303 9,948.040 116.550 10,144.193
202306 10,016.819 117.140 10,162.856
202309 10,159.484 119.111 10,137.009
202312 10,333.101 118.848 10,333.101
202403 10,349.694 118.848 10,349.694

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


Choong Ang Vaccine Laboratory Co  (XKRX:072020) 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.

Choong Ang Vaccine Laboratory Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10650.00/8964.29
=1.19

* 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 Choong Ang Vaccine Laboratory Co was 5.17. The lowest was 1.17. And the median was 2.63.


Be Aware

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


Choong Ang Vaccine Laboratory Co Cyclically Adjusted Book per Share Related Terms

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


Choong Ang Vaccine Laboratory Co (XKRX:072020) Business Description

Traded in Other Exchanges
N/A
Address
1476-37 Yongsan-dong, Yuseong-gu, Daejeon, KOR, 305-348
Choong Ang Vaccine Laboratory Co., Ltd. manufactures and markets vaccines for animals. The company specialized in vaccines for animals and is the largest one in Korea. The company has a solid financial structure.

Choong Ang Vaccine Laboratory Co (XKRX:072020) Headlines

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