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Ace Bed Co (XKRX:003800) Cyclically Adjusted Book per Share : ₩50,568.90 (As of Mar. 2024)


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What is Ace Bed 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.

Ace Bed Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩61,893.809. 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 ₩50,568.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Ace Bed Co's average Cyclically Adjusted Book Growth Rate was 6.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Ace Bed Co was 9.40% per year. The lowest was 8.00% per year. And the median was 8.70% per year.

As of today (2024-06-05), Ace Bed Co's current stock price is ₩26300.00. Ace Bed Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩50,568.90. Ace Bed Co's Cyclically Adjusted PB Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Ace Bed Co was 1.42. The lowest was 0.50. And the median was 1.01.


Ace Bed Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Ace Bed 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.

Ace Bed Co Cyclically Adjusted Book per Share Chart

Ace Bed 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 35,567.80 38,221.50 42,204.80 46,211.70 49,986.00

Ace Bed 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 47,321.20 48,131.10 49,514.10 49,986.00 50,568.90

Competitive Comparison of Ace Bed Co's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Ace Bed 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.


Ace Bed Co's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ace Bed Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ace Bed 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, Ace Bed 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)
=61893.809/118.8477*118.8477
=61,893.809

Current CPI (Mar. 2024) = 118.8477.

Ace Bed Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 32,709.262 99.353 39,127.360
201409 33,227.469 99.608 39,645.493
201412 33,912.153 99.098 40,670.663
201503 34,088.181 99.720 40,626.774
201506 34,832.215 100.050 41,376.598
201509 35,491.427 100.110 42,134.397
201512 36,527.357 100.220 43,316.627
201603 36,641.156 100.560 43,304.665
201606 37,511.527 100.790 44,232.153
201609 38,028.757 101.460 44,545.932
201612 38,734.602 101.560 45,328.066
201703 38,755.682 102.850 44,783.896
201706 39,289.317 102.610 45,506.724
201709 40,293.447 103.490 46,272.910
201712 41,007.209 102.990 47,321.220
201803 40,940.904 104.100 46,740.944
201806 42,102.985 104.130 48,053.807
201809 41,453.698 105.650 46,632.056
201812 42,101.323 104.350 47,950.603
201903 42,199.507 104.490 47,998.032
201906 43,764.162 104.880 49,592.582
201909 44,639.806 105.200 50,430.972
201912 45,700.747 105.120 51,668.842
202003 45,455.739 105.540 51,187.323
202006 47,075.339 104.870 53,349.821
202009 47,942.877 106.200 53,652.549
202012 49,448.036 105.765 55,564.347
202103 49,959.443 107.357 55,306.630
202106 51,929.988 107.579 57,369.771
202109 53,227.376 108.759 58,164.746
202112 54,879.927 109.676 59,469.066
202203 55,063.941 111.806 58,532.051
202206 56,878.826 114.083 59,254.486
202209 57,890.757 114.831 59,915.575
202212 58,224.471 115.200 60,067.990
202303 58,115.379 116.550 59,261.286
202306 59,437.948 117.140 60,304.503
202309 60,505.556 119.111 60,371.704
202312 61,828.509 118.848 61,828.509
202403 61,893.809 118.848 61,893.809

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


Ace Bed Co  (XKRX:003800) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26300.00/50568.9
=0.52

* 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 Ace Bed Co was 1.42. The lowest was 0.50. And the median was 1.01.


Be Aware

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


Ace Bed Co Cyclically Adjusted Book per Share Related Terms

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


Ace Bed Co (XKRX:003800) Business Description

Traded in Other Exchanges
N/A
Address
310-1, Sanggok-ri, Samseong-myeon, Eumseong-gun, Chungcheongbuk-do, KOR, 462-120
Ace Bed Co Ltd is engaged in manufacturing and selling beds, mattresses, sleep care systems and accessories, and bedroom furniture sets in South Korea and internationally. Its bedroom furniture sets include nightstands, mirrors, bureaus, and make-up tables, and other products.

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