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SeAH SPECIAL STEEL CO (XKRX:019440) Cyclically Adjusted Book per Share : ₩40,670.00 (As of Mar. 2024)


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What is SeAH SPECIAL STEEL 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.

SeAH SPECIAL STEEL CO's adjusted book value per share for the three months ended in Mar. 2024 was ₩38,633.048. 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 ₩40,670.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SeAH SPECIAL STEEL CO's average Cyclically Adjusted Book Growth Rate was 3.50% 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.

As of today (2024-06-10), SeAH SPECIAL STEEL CO's current stock price is ₩13890.00. SeAH SPECIAL STEEL CO's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩40,670.00. SeAH SPECIAL STEEL CO's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SeAH SPECIAL STEEL CO was 0.67. The lowest was 0.33. And the median was 0.43.


SeAH SPECIAL STEEL CO Cyclically Adjusted Book per Share Historical Data

The historical data trend for SeAH SPECIAL STEEL 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.

SeAH SPECIAL STEEL CO Cyclically Adjusted Book per Share Chart

SeAH SPECIAL STEEL 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 - - 36,104.20 38,615.90 40,567.10

SeAH SPECIAL STEEL 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 39,305.00 39,700.50 40,542.00 40,567.10 40,670.00

Competitive Comparison of SeAH SPECIAL STEEL CO's Cyclically Adjusted Book per Share

For the Steel subindustry, SeAH SPECIAL STEEL 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.


SeAH SPECIAL STEEL CO's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, SeAH SPECIAL STEEL CO's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SeAH SPECIAL STEEL CO's Cyclically Adjusted PB Ratio falls into.



SeAH SPECIAL STEEL 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, SeAH SPECIAL STEEL 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)
=38633.048/118.8477*118.8477
=38,633.048

Current CPI (Mar. 2024) = 118.8477.

SeAH SPECIAL STEEL CO Quarterly Data

Book Value per Share CPI Adj_Book
201406 29,733.793 99.353 35,568.054
201409 30,726.160 99.608 36,661.046
201412 31,478.829 99.098 37,752.391
201503 31,449.860 99.720 37,482.386
201506 32,241.768 100.050 38,299.450
201509 32,914.315 100.110 39,074.924
201512 33,119.768 100.220 39,275.676
201603 33,133.426 100.560 39,159.024
201606 33,815.543 100.790 39,873.991
201609 34,279.337 101.460 40,153.956
201612 35,104.536 101.560 41,080.084
201703 34,973.729 102.850 40,413.683
201706 35,885.967 102.610 41,564.805
201709 36,619.232 103.490 42,053.450
201712 36,994.967 102.990 42,691.201
201803 37,017.742 104.100 42,261.993
201806 37,438.395 104.130 42,729.925
201809 37,623.579 105.650 42,323.482
201812 37,469.335 104.350 42,675.077
201903 36,975.878 104.490 42,056.638
201906 37,434.805 104.880 42,420.294
201909 37,570.951 105.200 42,445.068
201912 37,702.157 105.120 42,625.710
202003 36,885.215 105.540 41,536.128
202006 36,527.683 104.870 41,396.311
202009 36,270.269 106.200 40,589.812
202012 36,450.355 105.765 40,958.961
202103 36,464.067 107.357 40,366.836
202106 37,356.234 107.579 41,269.383
202109 38,594.115 108.759 42,174.104
202112 39,390.904 109.676 42,684.829
202203 38,683.438 111.806 41,119.849
202206 39,737.729 114.083 41,397.456
202209 40,449.512 114.831 41,864.295
202212 40,592.707 115.200 41,877.964
202303 39,889.677 116.550 40,676.213
202306 39,859.030 117.140 40,440.141
202309 40,168.206 119.111 40,079.345
202312 39,091.282 118.848 39,091.282
202403 38,633.048 118.848 38,633.048

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


SeAH SPECIAL STEEL CO  (XKRX:019440) 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.

SeAH SPECIAL STEEL CO's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13890.00/40670
=0.34

* 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 SeAH SPECIAL STEEL CO was 0.67. The lowest was 0.33. And the median was 0.43.


Be Aware

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


SeAH SPECIAL STEEL CO Cyclically Adjusted Book per Share Related Terms

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


SeAH SPECIAL STEEL CO (XKRX:019440) Business Description

Industry
Traded in Other Exchanges
N/A
Address
45, Yanghwa-ro, Mapo-gu, SeAH Tower 24 floor, Seoul, KOR, 790-240
SeAH SPECIAL STEEL CO LTD is a manufacturer of steel products. Its product portfolio includes cold rolling, cold extrusion, and cold drawing, CHQ wire and CD bars. The company's products used in safety belt shafts, automotive bolts, and construction bolt, automotive bolts, oil pump gears, and aircraft bolts.

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