GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Kum Yang Co Ltd (XKRX:001570) » Definitions » Cyclically Adjusted Book per Share

Kum Yang Co (XKRX:001570) Cyclically Adjusted Book per Share : ₩2,215.81 (As of Mar. 2024)


View and export this data going back to 1976. Start your Free Trial

What is Kum Yang 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.

Kum Yang Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩3,156.896. 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 ₩2,215.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kum Yang Co's average Cyclically Adjusted Book Growth Rate was 10.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Kum Yang Co was 9.90% per year. The lowest was 5.40% per year. And the median was 6.60% per year.

As of today (2024-06-04), Kum Yang Co's current stock price is ₩81600.00. Kum Yang Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩2,215.81. Kum Yang Co's Cyclically Adjusted PB Ratio of today is 36.83.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kum Yang Co was 76.26. The lowest was 1.21. And the median was 2.53.


Kum Yang Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kum Yang 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.

Kum Yang Co Cyclically Adjusted Book per Share Chart

Kum Yang 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 1,575.27 1,638.95 1,779.89 1,964.57 2,175.07

Kum Yang 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 2,002.36 2,037.72 2,135.62 2,175.07 2,215.81

Competitive Comparison of Kum Yang Co's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Kum Yang 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.


Kum Yang Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Kum Yang Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kum Yang 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, Kum Yang 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)
=3156.896/118.8477*118.8477
=3,156.896

Current CPI (Mar. 2024) = 118.8477.

Kum Yang Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,225.198 99.353 1,465.602
201409 1,291.023 99.608 1,540.389
201412 1,299.718 99.098 1,558.745
201503 1,653.709 99.720 1,970.914
201506 1,707.899 100.050 2,028.784
201509 1,806.651 100.110 2,144.804
201512 1,699.584 100.220 2,015.482
201603 1,743.399 100.560 2,060.451
201606 1,734.213 100.790 2,044.917
201609 1,686.604 101.460 1,975.646
201612 1,004.347 101.560 1,175.308
201703 985.792 102.850 1,139.126
201706 1,506.569 102.610 1,744.979
201709 1,594.941 103.490 1,831.627
201712 1,539.765 102.990 1,776.848
201803 1,671.309 104.100 1,908.081
201806 1,702.776 104.130 1,943.446
201809 1,624.740 105.650 1,827.701
201812 2,061.526 104.350 2,347.941
201903 2,112.557 104.490 2,402.838
201906 2,104.270 104.880 2,384.512
201909 2,112.415 105.200 2,386.461
201912 1,725.381 105.120 1,950.700
202003 1,916.990 105.540 2,158.706
202006 1,819.984 104.870 2,062.562
202009 1,990.512 106.200 2,227.568
202012 1,900.884 105.765 2,136.008
202103 2,100.228 107.357 2,325.017
202106 2,079.913 107.579 2,297.789
202109 2,185.966 108.759 2,388.736
202112 2,530.257 109.676 2,741.841
202203 2,655.175 111.806 2,822.407
202206 2,746.858 114.083 2,861.586
202209 3,018.711 114.831 3,124.295
202212 2,113.166 115.200 2,180.074
202303 2,189.538 116.550 2,232.711
202306 2,713.655 117.140 2,753.218
202309 4,169.613 119.111 4,160.389
202312 3,377.283 118.848 3,377.283
202403 3,156.896 118.848 3,156.896

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


Kum Yang Co  (XKRX:001570) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=81600.00/2215.81
=36.83

* 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 Kum Yang Co was 76.26. The lowest was 1.21. And the median was 2.53.


Be Aware

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


Kum Yang Co Cyclically Adjusted Book per Share Related Terms

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


Kum Yang Co (XKRX:001570) Business Description

Industry
Traded in Other Exchanges
N/A
Address
951-1 Gamjeon-Dong, Sasang-gu, Busan, KOR, 617-805
Kum Yang Co Ltd is a South Korean company operating in the chemical industry. The company is engaged in manufacturing of basic chemicals and related products.

Kum Yang Co (XKRX:001570) Headlines

No Headlines