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Lotte (XKRX:004990) Cyclically Adjusted Book per Share : ₩97,988.20 (As of Mar. 2024)


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What is Lotte 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.

Lotte's adjusted book value per share for the three months ended in Mar. 2024 was ₩97,612.244. 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 ₩97,988.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lotte's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.40% 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 Lotte was 5.00% per year. The lowest was 3.90% per year. And the median was 4.50% per year.

As of today (2024-06-02), Lotte's current stock price is ₩26150.00. Lotte's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩97,988.20. Lotte's Cyclically Adjusted PB Ratio of today is 0.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lotte was 1.24. The lowest was 0.25. And the median was 0.41.


Lotte Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lotte'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.

Lotte Cyclically Adjusted Book per Share Chart

Lotte 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 83,010.90 84,514.50 88,635.80 94,417.00 97,802.50

Lotte 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 95,633.90 96,323.20 98,042.30 97,802.50 97,988.20

Competitive Comparison of Lotte's Cyclically Adjusted Book per Share

For the Confectioners subindustry, Lotte'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.


Lotte's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lotte's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lotte 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, Lotte'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)
=97612.244/118.8477*118.8477
=97,612.244

Current CPI (Mar. 2024) = 118.8477.

Lotte Quarterly Data

Book Value per Share CPI Adj_Book
201406 74,973.852 99.353 89,684.960
201409 78,148.176 99.608 93,242.822
201412 70,565.714 99.098 84,629.082
201503 70,880.137 99.720 84,475.945
201506 76,905.463 100.050 91,354.697
201509 78,783.837 100.110 93,529.895
201512 72,808.004 100.220 86,340.689
201603 71,727.417 100.560 84,771.664
201606 68,535.424 100.790 80,814.342
201609 68,079.733 101.460 79,746.892
201612 68,737.391 101.560 80,437.976
201703 68,095.091 102.850 78,686.874
201706 74,887.498 102.610 86,738.202
201709 30,370.255 103.490 34,877.137
201712 100,789.850 102.990 116,308.786
201803 100,588.407 104.100 114,838.625
201806 98,120.717 104.130 111,989.067
201809 98,814.646 105.650 111,158.480
201812 99,463.385 104.350 113,282.171
201903 101,217.227 104.490 115,125.224
201906 102,924.514 104.880 116,631.786
201909 105,436.591 105.200 119,114.984
201912 93,685.793 105.120 105,920.291
202003 92,322.952 105.540 103,964.094
202006 92,895.980 104.870 105,277.711
202009 94,714.786 106.200 105,994.675
202012 89,733.684 105.765 100,832.994
202103 91,458.965 107.357 101,247.868
202106 93,307.609 107.579 103,081.791
202109 99,446.966 108.759 108,671.663
202112 97,568.721 109.676 105,727.559
202203 96,658.831 111.806 102,746.725
202206 100,020.334 114.083 104,197.887
202209 103,666.078 114.831 107,291.957
202212 99,466.782 115.200 102,616.126
202303 98,901.567 116.550 100,851.687
202306 98,884.284 117.140 100,325.933
202309 99,862.503 119.111 99,641.585
202312 95,747.002 118.848 95,747.002
202403 97,612.244 118.848 97,612.244

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


Lotte  (XKRX:004990) 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.

Lotte's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26150.00/97988.2
=0.27

* 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 Lotte was 1.24. The lowest was 0.25. And the median was 0.41.


Be Aware

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


Lotte Cyclically Adjusted Book per Share Related Terms

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


Lotte (XKRX:004990) Business Description

Traded in Other Exchanges
Address
300, Olympic-ro, Songpa-gu, Seoul, KOR
Lotte Corp formerly, Lotte Confectionery Co Ltd is a Korea-based company engaged in the food business. The company manufactures and distributes confectionery products such as gum, chocolate, biscuit, ice cream, pie, snacks, and candy, among others. The company distributes its products through retail stores, supermarkets, and other distribution channels.

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