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Bolak Co (XKRX:002760) Cyclically Adjusted Book per Share : ₩820.38 (As of Mar. 2024)


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What is Bolak 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.

Bolak Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩812.635. 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 ₩820.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bolak Co's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 Bolak Co was 4.80% per year. The lowest was 4.40% per year. And the median was 4.60% per year.

As of today (2024-06-07), Bolak Co's current stock price is ₩1136.00. Bolak Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩820.38. Bolak Co's Cyclically Adjusted PB Ratio of today is 1.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bolak Co was 5.75. The lowest was 1.38. And the median was 2.62.


Bolak Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bolak 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.

Bolak Co Cyclically Adjusted Book per Share Chart

Bolak 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 687.95 718.13 749.38 791.18 819.91

Bolak 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 801.55 806.66 821.18 819.91 820.38

Competitive Comparison of Bolak Co's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Bolak 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.


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

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

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



Bolak 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, Bolak 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)
=812.635/118.8477*118.8477
=812.635

Current CPI (Mar. 2024) = 118.8477.

Bolak Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 665.101 99.353 795.605
201409 693.662 99.608 827.646
201412 686.719 99.098 823.578
201503 673.354 99.720 802.513
201506 680.890 100.050 808.818
201509 682.721 100.110 810.507
201512 667.945 100.220 792.095
201603 671.880 100.560 794.067
201606 713.539 100.790 841.378
201609 718.607 101.460 841.758
201612 713.680 101.560 835.164
201703 703.739 102.850 813.201
201706 713.541 102.610 826.457
201709 722.053 103.490 829.204
201712 721.513 102.990 832.607
201803 717.159 104.100 818.758
201806 733.584 104.130 837.269
201809 731.356 105.650 822.716
201812 730.574 104.350 832.075
201903 720.854 104.490 819.905
201906 729.717 104.880 826.899
201909 729.403 105.200 824.029
201912 733.671 105.120 829.482
202003 728.039 105.540 819.839
202006 730.528 104.870 827.897
202009 730.682 106.200 817.701
202012 734.590 105.765 825.453
202103 732.044 107.357 810.395
202106 749.064 107.579 827.530
202109 757.409 108.759 827.666
202112 760.332 109.676 823.912
202203 760.579 111.806 808.483
202206 779.633 114.083 812.196
202209 800.020 114.831 828.002
202212 807.742 115.200 833.317
202303 800.102 116.550 815.878
202306 805.767 117.140 817.514
202309 808.478 119.111 806.689
202312 814.341 118.848 814.341
202403 812.635 118.848 812.635

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


Bolak Co  (XKRX:002760) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1136.00/820.38
=1.38

* 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 Bolak Co was 5.75. The lowest was 1.38. And the median was 2.62.


Be Aware

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


Bolak Co Cyclically Adjusted Book per Share Related Terms

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


Bolak Co (XKRX:002760) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Chorok-ro, Yangkam-Myeon, Hwaseong, Gyeonggi, KOR, 18628
Bolak Co Ltd manufactures food additives and active pharmaceutical ingredients in South Korea. Its products include food flavors, coloring agents, chewing gum base, pharmaceutical materials, and cosmetic ingredients.

Bolak Co (XKRX:002760) Headlines

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