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Handsome (XKRX:020000) Cyclically Adjusted Book per Share : ₩52,659.40 (As of Mar. 2024)


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What is Handsome 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.

Handsome's adjusted book value per share for the three months ended in Mar. 2024 was ₩64,902.004. 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 ₩52,659.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Handsome's average Cyclically Adjusted Book Growth Rate was 6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.50% 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 Handsome was 9.10% per year. The lowest was 7.50% per year. And the median was 8.30% per year.

As of today (2024-06-08), Handsome's current stock price is ₩18100.00. Handsome's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩52,659.40. Handsome's Cyclically Adjusted PB Ratio of today is 0.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Handsome was 1.31. The lowest was 0.34. And the median was 0.85.


Handsome Cyclically Adjusted Book per Share Historical Data

The historical data trend for Handsome'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.

Handsome Cyclically Adjusted Book per Share Chart

Handsome 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 37,503.70 40,097.50 44,088.80 48,168.40 52,048.40

Handsome 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 49,326.20 50,162.10 51,584.60 52,048.40 52,659.40

Competitive Comparison of Handsome's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, Handsome'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.


Handsome's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Handsome's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Handsome 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, Handsome'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)
=64902.004/118.8477*118.8477
=64,902.004

Current CPI (Mar. 2024) = 118.8477.

Handsome Quarterly Data

Book Value per Share CPI Adj_Book
201406 33,913.484 99.353 40,567.870
201409 34,202.358 99.608 40,808.686
201412 34,853.169 99.098 41,799.219
201503 35,303.667 99.720 42,075.407
201506 36,482.261 100.050 43,336.660
201509 36,914.527 100.110 43,823.860
201512 37,841.756 100.220 44,875.331
201603 38,413.449 100.560 45,399.265
201606 38,812.311 100.790 45,765.988
201609 39,307.286 101.460 46,043.569
201612 40,070.997 101.560 46,891.944
201703 40,892.584 102.850 47,253.180
201706 41,338.576 102.610 47,880.272
201709 41,627.794 103.490 47,805.272
201712 42,125.047 102.990 48,611.175
201803 42,800.618 104.100 48,864.121
201806 43,304.132 104.130 49,424.724
201809 43,960.563 105.650 49,452.076
201812 45,095.285 104.350 51,360.526
201903 45,981.078 104.490 52,299.219
201906 46,499.340 104.880 52,692.025
201909 47,436.609 105.200 53,590.607
201912 47,590.957 105.120 53,805.896
202003 48,109.286 105.540 54,175.459
202006 48,694.906 104.870 55,185.254
202009 49,598.140 106.200 55,504.942
202012 51,075.417 105.765 57,393.021
202103 52,105.655 107.357 57,682.552
202106 52,977.841 107.579 58,527.389
202109 54,078.988 108.759 59,095.353
202112 56,340.668 109.676 61,051.957
202203 57,695.539 111.806 61,329.395
202206 58,146.185 114.083 60,574.779
202209 59,127.518 114.831 61,195.593
202212 60,819.193 115.200 62,744.867
202303 61,983.721 116.550 63,205.903
202306 62,388.598 117.140 63,298.171
202309 62,638.742 119.111 62,500.171
202312 63,583.487 118.848 63,583.487
202403 64,902.004 118.848 64,902.004

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


Handsome  (XKRX:020000) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=18100.00/52659.4
=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 Handsome was 1.31. The lowest was 0.34. And the median was 0.85.


Be Aware

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


Handsome Cyclically Adjusted Book per Share Related Terms

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


Handsome (XKRX:020000) Business Description

Traded in Other Exchanges
N/A
Address
52-1 Samseong-dong, Gangnam-gu, Seoul, KOR, 135-090
Handsome Corp is a Korea-based apparel manufacturer. Its key business includes the manufacturing and marketing of various types of apparel under brands such as Time, Time Homme, Mine, System, System Homme, SJSJ, Chloe and Lanvin. The company's marketing channel comprises department stores, sales agencies, and direct management agencies. A nominal portion of its revenue is generated through rentals and golf resort operations.

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