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Hyundai Elevator Co (XKRX:017800) Cyclically Adjusted Book per Share : ₩25,351.90 (As of Mar. 2024)


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What is Hyundai Elevator 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.

Hyundai Elevator Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩31,992.182. 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 ₩25,351.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Hyundai Elevator Co's average Cyclically Adjusted Book Growth Rate was 11.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.30% 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 Hyundai Elevator Co was 4.80% per year. The lowest was -8.10% per year. And the median was -6.70% per year.

As of today (2024-05-27), Hyundai Elevator Co's current stock price is ₩39950.00. Hyundai Elevator Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩25,351.90. Hyundai Elevator Co's Cyclically Adjusted PB Ratio of today is 1.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Hyundai Elevator Co was 3.17. The lowest was 1.04. And the median was 1.82.


Hyundai Elevator Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Hyundai Elevator 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.

Hyundai Elevator Co Cyclically Adjusted Book per Share Chart

Hyundai Elevator 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 23,843.00 21,572.20 20,859.00 21,858.20 24,844.80

Hyundai Elevator 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 22,665.10 23,295.50 24,208.40 24,844.80 25,351.90

Competitive Comparison of Hyundai Elevator Co's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Hyundai Elevator 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.


Hyundai Elevator Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hyundai Elevator Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Hyundai Elevator 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, Hyundai Elevator 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)
=31992.182/118.8477*118.8477
=31,992.182

Current CPI (Mar. 2024) = 118.8477.

Hyundai Elevator Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 10,250.095 99.353 12,261.333
201409 13,226.456 99.608 15,781.201
201412 11,870.979 99.098 14,236.801
201503 12,485.131 99.720 14,879.955
201506 13,022.335 100.050 15,469.011
201509 17,982.334 100.110 21,348.107
201512 17,362.338 100.220 20,589.443
201603 16,511.896 100.560 19,514.726
201606 18,326.826 100.790 21,610.290
201609 17,171.940 101.460 20,114.780
201612 21,069.849 101.560 24,656.391
201703 21,004.430 102.850 24,271.543
201706 21,695.100 102.610 25,128.279
201709 23,213.735 103.490 26,658.605
201712 22,634.875 102.990 26,120.039
201803 21,649.266 104.100 24,716.287
201806 21,975.186 104.130 25,081.152
201809 21,931.327 105.650 24,670.968
201812 22,610.904 104.350 25,752.314
201903 22,665.389 104.490 25,779.781
201906 22,176.794 104.880 25,130.253
201909 22,658.604 105.200 25,598.127
201912 22,957.588 105.120 25,955.637
202003 22,128.356 105.540 24,918.554
202006 22,124.930 104.870 25,073.873
202009 24,203.226 106.200 27,085.666
202012 24,732.274 105.765 27,791.451
202103 24,343.688 107.357 26,949.206
202106 24,420.036 107.579 26,978.090
202109 24,964.665 108.759 27,280.387
202112 27,485.429 109.676 29,783.801
202203 26,634.101 111.806 28,311.605
202206 28,462.738 114.083 29,651.542
202209 28,147.706 114.831 29,132.215
202212 28,991.791 115.200 29,909.737
202303 34,351.000 116.550 35,028.326
202306 35,922.124 117.140 36,445.838
202309 36,882.039 119.111 36,800.448
202312 35,617.904 118.848 35,617.904
202403 31,992.182 118.848 31,992.182

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


Hyundai Elevator Co  (XKRX:017800) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39950.00/25351.9
=1.58

* 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 Hyundai Elevator Co was 3.17. The lowest was 1.04. And the median was 1.82.


Be Aware

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


Hyundai Elevator Co Cyclically Adjusted Book per Share Related Terms

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


Hyundai Elevator Co (XKRX:017800) Business Description

Traded in Other Exchanges
N/A
Address
San 136-1 Ami-ri, Bubal-eup, Icheon, Gyeonggi, KOR, 467-734
Hyundai Elevator Co Ltd, which is an affiliate of Hyundai Group, is a South Korea-based company that provides moving solutions. The company designs, installs and maintains elevators, escalators, moving walkways, automated material handling systems, parking systems for cars and bikes, platform screen doors, auto-sliding canopy, gap-zero and others. The company's products are used in shopping centers, hotels, department stores, airports, subways, large-scale sporting facilities, train stations, bus terminals, distribution centers, cold storage facilities, air cargo systems, and others.

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