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Hanwha Solutions (XKRX:009830) Cyclically Adjusted Book per Share : ₩44,545.00 (As of Mar. 2024)


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What is Hanwha Solutions 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.

Hanwha Solutions's adjusted book value per share for the three months ended in Mar. 2024 was ₩43,454.234. 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 ₩44,545.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hanwha Solutions's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 Hanwha Solutions was 7.10% per year. The lowest was 5.80% per year. And the median was 6.70% per year.

As of today (2024-05-29), Hanwha Solutions's current stock price is ₩32400.00. Hanwha Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩44,545.00. Hanwha Solutions's Cyclically Adjusted PB Ratio of today is 0.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hanwha Solutions was 1.74. The lowest was 0.33. And the median was 0.99.


Hanwha Solutions Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hanwha Solutions'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.

Hanwha Solutions Cyclically Adjusted Book per Share Chart

Hanwha Solutions 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 34,522.10 36,158.90 38,545.60 41,962.10 44,382.50

Hanwha Solutions 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 42,751.40 43,247.60 44,274.80 44,382.50 44,545.00

Competitive Comparison of Hanwha Solutions's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Hanwha Solutions'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.


Hanwha Solutions's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Hanwha Solutions 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, Hanwha Solutions'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)
=43454.234/118.8477*118.8477
=43,454.234

Current CPI (Mar. 2024) = 118.8477.

Hanwha Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201406 28,555.624 99.353 34,158.709
201409 28,858.471 99.608 34,432.605
201412 28,881.239 99.098 34,637.115
201503 29,274.892 99.720 34,890.228
201506 29,690.313 100.050 35,268.620
201509 31,096.481 100.110 36,916.844
201512 30,595.737 100.220 36,282.508
201603 31,020.934 100.560 36,662.357
201606 32,668.980 100.790 38,522.007
201609 33,409.306 101.460 39,134.823
201612 34,654.612 101.560 40,553.574
201703 35,811.955 102.850 41,382.290
201706 37,860.262 102.610 43,851.526
201709 39,745.600 103.490 45,643.764
201712 39,447.882 102.990 45,521.799
201803 40,946.719 104.100 46,747.583
201806 42,120.418 104.130 48,073.704
201809 41,689.243 105.650 46,897.025
201812 39,939.058 104.350 45,487.927
201903 40,473.348 104.490 46,034.686
201906 40,741.376 104.880 46,167.228
201909 41,485.152 105.200 46,867.062
201912 37,940.650 105.120 42,895.348
202003 38,356.201 105.540 43,192.593
202006 40,144.280 104.870 45,494.949
202009 40,638.140 106.200 45,477.867
202012 39,765.264 105.765 44,683.896
202103 44,618.138 107.357 49,393.642
202106 46,545.134 107.579 51,420.841
202109 47,899.474 108.759 52,342.628
202112 47,298.307 109.676 51,253.460
202203 48,156.258 111.806 51,189.299
202206 51,270.491 114.083 53,411.907
202209 54,179.962 114.831 56,074.989
202212 52,249.417 115.200 53,903.752
202303 48,838.319 116.550 49,801.302
202306 48,465.956 117.140 49,172.548
202309 49,032.069 119.111 48,923.599
202312 45,579.675 118.848 45,579.675
202403 43,454.234 118.848 43,454.234

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


Hanwha Solutions  (XKRX:009830) 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.

Hanwha Solutions's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32400.00/44545
=0.73

* 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 Hanwha Solutions was 1.74. The lowest was 0.33. And the median was 0.99.


Be Aware

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


Hanwha Solutions Cyclically Adjusted Book per Share Related Terms

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


Hanwha Solutions (XKRX:009830) Business Description

Industry
Traded in Other Exchanges
Address
86, Cheonggyecheon-ro, Jung-gu, Seoul, KOR, 100797
Hanwha Solutions Corp is a Korean Conglomerate company. Its business includes manufacturing and distribution of PE, PVC, and CA; manufacturing and distribution of automotive parts; department stores, wholesaling and retailing; manufacturing and distribution of solar products, such as ingots and modules; and other businesses. The company's geographical segments include Korea, China, Germany, and others.

Hanwha Solutions (XKRX:009830) Headlines

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