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Samsung Electronics Co (LSE:SMSN) Cyclically Adjusted Book per Share : $709.63 (As of Mar. 2024)


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What is Samsung Electronics 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.

Samsung Electronics Co's adjusted book value per share for the three months ended in Mar. 2024 was $1,001.023. 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 $709.63 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Samsung Electronics Co's average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.70% 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 Samsung Electronics Co was 14.50% per year. The lowest was 13.40% per year. And the median was 13.90% per year.

As of today (2024-05-27), Samsung Electronics Co's current stock price is $1394.00. Samsung Electronics Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $709.63. Samsung Electronics Co's Cyclically Adjusted PB Ratio of today is 1.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Samsung Electronics Co was 3.40. The lowest was 1.58. And the median was 2.28.


Samsung Electronics Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Samsung Electronics 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.

Samsung Electronics Co Cyclically Adjusted Book per Share Chart

Samsung Electronics 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 497.95 588.02 628.21 688.40 736.30

Samsung Electronics 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 684.37 702.38 699.04 736.30 709.63

Competitive Comparison of Samsung Electronics Co's Cyclically Adjusted Book per Share

For the Consumer Electronics subindustry, Samsung Electronics 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.


Samsung Electronics Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Samsung Electronics Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Samsung Electronics 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, Samsung Electronics 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)
=1001.023/118.8477*118.8477
=1,001.023

Current CPI (Mar. 2024) = 118.8477.

Samsung Electronics Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 500.182 99.353 598.326
201409 504.379 99.608 601.802
201412 490.168 99.098 587.856
201503 487.170 99.720 580.616
201506 505.921 100.050 600.975
201509 494.072 100.110 586.548
201512 505.886 100.220 599.914
201603 507.391 100.560 599.664
201606 532.126 100.790 627.463
201609 558.007 101.460 653.635
201612 562.488 101.560 658.236
201703 580.933 102.850 671.294
201706 620.497 102.610 718.689
201709 655.922 103.490 753.259
201712 701.957 102.990 810.040
201803 742.199 104.100 847.345
201806 758.556 104.130 865.770
201809 770.245 105.650 866.463
201812 786.796 104.350 896.108
201903 798.079 104.490 907.741
201906 783.171 104.880 887.472
201909 786.822 105.200 888.897
201912 798.294 105.120 902.544
202003 780.570 105.540 878.993
202006 797.796 104.870 904.131
202009 837.570 106.200 937.319
202012 900.269 105.765 1,011.625
202103 865.026 107.357 957.610
202106 898.436 107.579 992.549
202109 904.440 108.759 988.336
202112 920.564 109.676 997.543
202203 923.311 111.806 981.464
202206 918.264 114.083 956.617
202209 883.887 114.831 914.802
202212 981.781 115.200 1,012.866
202303 986.041 116.550 1,005.484
202306 989.930 117.140 1,004.362
202309 975.282 119.111 973.124
202312 996.335 118.848 996.335
202403 1,001.023 118.848 1,001.023

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


Samsung Electronics Co  (LSE:SMSN) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1394.00/709.63
=1.96

* 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 Samsung Electronics Co was 3.40. The lowest was 1.58. And the median was 2.28.


Be Aware

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


Samsung Electronics Co Cyclically Adjusted Book per Share Related Terms

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


Samsung Electronics Co (LSE:SMSN) Business Description

Industry
Address
129, Samsung-ro, Yeongtong-gu, Gyeonggi-do, Suwon-si, KOR, 443-742
Samsung Electronics is a diversified electronics conglomerate that manufactures and sells a wide range of products, including smartphones, semiconductor chips, printers, home appliances, medical equipment, and telecom network equipment. More than half of its profit is generated from semiconductor business, and a further 25% is generated from its mobile handset business, although these percentages vary with the fortunes of each of these businesses. It is the largest smartphone and television manufacturer in the world, which helps provide a base demand for its component businesses, such as memory chips and displays, and is also the largest manufacturer of these globally.

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