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J Steel Co Holdings (XKRX:023440) Cyclically Adjusted Book per Share : ₩2,475.95 (As of Mar. 2024)


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What is J Steel Co Holdings 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.

J Steel Co Holdings's adjusted book value per share for the three months ended in Mar. 2024 was ₩1,142.777. 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 ₩2,475.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, J Steel Co Holdings's average Cyclically Adjusted Book Growth Rate was -9.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.80% 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 J Steel Co Holdings was -0.80% per year. The lowest was -7.40% per year. And the median was -5.70% per year.

As of today (2024-06-09), J Steel Co Holdings's current stock price is ₩2120.00. J Steel Co Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩2,475.95. J Steel Co Holdings's Cyclically Adjusted PB Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of J Steel Co Holdings was 1.74. The lowest was 0.30. And the median was 0.58.


J Steel Co Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for J Steel Co Holdings'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.

J Steel Co Holdings Cyclically Adjusted Book per Share Chart

J Steel Co Holdings 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 3,527.44 3,213.50 3,012.33 2,803.34 2,562.86

J Steel Co Holdings 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 2,740.50 2,677.21 2,645.16 2,562.86 2,475.95

Competitive Comparison of J Steel Co Holdings's Cyclically Adjusted Book per Share

For the Steel subindustry, J Steel Co Holdings'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.


J Steel Co Holdings's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, J Steel Co Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where J Steel Co Holdings's Cyclically Adjusted PB Ratio falls into.



J Steel Co Holdings 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, J Steel Co Holdings'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)
=1142.777/118.8477*118.8477
=1,142.777

Current CPI (Mar. 2024) = 118.8477.

J Steel Co Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 3,310.678 99.353 3,960.288
201409 3,282.051 99.608 3,915.993
201412 3,075.984 99.098 3,689.011
201503 3,005.442 99.720 3,581.928
201506 2,805.767 100.050 3,332.923
201509 2,413.744 100.110 2,865.527
201512 2,361.760 100.220 2,800.736
201603 2,278.684 100.560 2,693.082
201606 2,292.402 100.790 2,703.112
201609 2,246.628 101.460 2,631.644
201612 2,210.248 101.560 2,586.480
201703 2,249.741 102.850 2,599.675
201706 2,235.451 102.610 2,589.204
201709 2,250.344 103.490 2,584.290
201712 2,277.501 102.990 2,628.175
201803 2,284.167 104.100 2,607.762
201806 2,297.003 104.130 2,621.661
201809 2,294.910 105.650 2,581.588
201812 2,290.529 104.350 2,608.760
201903 2,165.573 104.490 2,463.139
201906 2,149.037 104.880 2,435.241
201909 2,125.144 105.200 2,400.841
201912 2,069.673 105.120 2,339.953
202003 2,012.437 105.540 2,266.188
202006 1,989.317 104.870 2,254.465
202009 1,944.091 106.200 2,175.619
202012 2,103.121 105.765 2,363.260
202103 2,034.504 107.357 2,252.258
202106 2,354.134 107.579 2,600.735
202109 2,303.913 108.759 2,517.624
202112 2,222.662 109.676 2,408.524
202203 2,120.017 111.806 2,253.543
202206 2,027.859 114.083 2,112.557
202209 1,915.840 114.831 1,982.849
202212 1,574.781 115.200 1,624.642
202303 1,477.862 116.550 1,507.002
202306 1,590.270 117.140 1,613.455
202309 1,522.652 119.111 1,519.284
202312 1,222.158 118.848 1,222.158
202403 1,142.777 118.848 1,142.777

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


J Steel Co Holdings  (XKRX:023440) 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.

J Steel Co Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2120.00/2475.95
=0.86

* 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 J Steel Co Holdings was 1.74. The lowest was 0.30. And the median was 0.58.


Be Aware

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


J Steel Co Holdings Cyclically Adjusted Book per Share Related Terms

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


J Steel Co Holdings (XKRX:023440) Business Description

Industry
Traded in Other Exchanges
N/A
Address
658 Seonggok-dong, Ansan, Gyeonggi, KOR, 425-110
J Steel Co Holdings Inc manufactures hot rolled steel products. The company also engages in software development, video production, leasing service, and sports facilities operation.

J Steel Co Holdings (XKRX:023440) Headlines

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