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Korea Petroleum Industries Co (XKRX:004090) Cyclically Adjusted Book per Share : ₩12,863.50 (As of Mar. 2024)


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What is Korea Petroleum Industries 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.

Korea Petroleum Industries Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩14,571.311. 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 ₩12,863.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Korea Petroleum Industries Co's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.60% 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 Korea Petroleum Industries Co was 15.30% per year. The lowest was 7.40% per year. And the median was 9.70% per year.

As of today (2024-06-01), Korea Petroleum Industries Co's current stock price is ₩13810.00. Korea Petroleum Industries Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩12,863.50. Korea Petroleum Industries Co's Cyclically Adjusted PB Ratio of today is 1.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Korea Petroleum Industries Co was 2.33. The lowest was 0.36. And the median was 0.86.


Korea Petroleum Industries Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Korea Petroleum Industries 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.

Korea Petroleum Industries Co Cyclically Adjusted Book per Share Chart

Korea Petroleum Industries 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 9,387.01 10,300.80 11,105.60 11,959.30 12,757.00

Korea Petroleum Industries 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 12,201.30 12,365.30 12,675.90 12,757.00 12,863.50

Competitive Comparison of Korea Petroleum Industries Co's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Korea Petroleum Industries 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.


Korea Petroleum Industries Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Korea Petroleum Industries Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Korea Petroleum Industries 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, Korea Petroleum Industries 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)
=14571.311/118.8477*118.8477
=14,571.311

Current CPI (Mar. 2024) = 118.8477.

Korea Petroleum Industries Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 8,704.995 99.353 10,413.059
201409 8,858.503 99.608 10,569.560
201412 8,964.285 99.098 10,750.819
201503 9,044.866 99.720 10,779.799
201506 9,437.728 100.050 11,210.917
201509 9,638.596 100.110 11,442.663
201512 9,903.606 100.220 11,744.370
201603 9,918.743 100.560 11,722.552
201606 10,297.482 100.790 12,142.396
201609 10,458.040 101.460 12,250.286
201612 10,783.891 101.560 12,619.542
201703 10,868.161 102.850 12,558.638
201706 11,240.277 102.610 13,019.014
201709 11,434.096 103.490 13,130.892
201712 11,388.078 102.990 13,141.537
201803 11,548.405 104.100 13,184.451
201806 11,841.709 104.130 13,515.412
201809 11,860.752 105.650 13,342.386
201812 11,837.383 104.350 13,481.991
201903 11,868.955 104.490 13,499.837
201906 11,982.439 104.880 13,578.235
201909 11,992.430 105.200 13,548.220
201912 11,125.639 105.120 12,578.545
202003 11,093.682 105.540 12,492.501
202006 11,297.083 104.870 12,802.826
202009 11,434.677 106.200 12,796.470
202012 11,761.923 105.765 13,216.775
202103 11,825.131 107.357 13,090.781
202106 12,156.093 107.579 13,429.471
202109 12,190.040 108.759 13,320.788
202112 12,580.960 109.676 13,632.998
202203 12,770.570 111.806 13,574.903
202206 12,942.449 114.083 13,483.017
202209 13,122.493 114.831 13,581.472
202212 13,490.146 115.200 13,917.275
202303 13,488.644 116.550 13,754.610
202306 13,818.077 117.140 14,019.533
202309 14,047.360 119.111 14,016.284
202312 14,613.375 118.848 14,613.375
202403 14,571.311 118.848 14,571.311

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


Korea Petroleum Industries Co  (XKRX:004090) 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.

Korea Petroleum Industries Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13810.00/12863.5
=1.07

* 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 Korea Petroleum Industries Co was 2.33. The lowest was 0.36. And the median was 0.86.


Be Aware

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


Korea Petroleum Industries Co Cyclically Adjusted Book per Share Related Terms

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


Korea Petroleum Industries Co (XKRX:004090) Business Description

Traded in Other Exchanges
N/A
Address
Hansuk Building 302-79 Inchun-dong, Yongsan-gu, Seoul, KOR, 140-030
Korea Petroleum Industries Co is engaged in producing and selling asphalts, solvents, and building materials. It offers blown and industrial asphalt; and construction materials include tar and water-based polyurethane, water stops, sheet membranes, tapes, cold patches, sealants, emulsions, primers, ceramic powders, and other materials.

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