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Paradise Co (XKRX:034230) Cyclically Adjusted Book per Share : ₩14,982.70 (As of Mar. 2024)


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What is Paradise 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.

Paradise Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩16,505.292. 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 ₩14,982.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Paradise Co's average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% 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 Paradise Co was 9.20% per year. The lowest was 8.00% per year. And the median was 8.90% per year.

As of today (2024-06-06), Paradise Co's current stock price is ₩13950.00. Paradise Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩14,982.70. Paradise Co's Cyclically Adjusted PB Ratio of today is 0.93.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Paradise Co was 2.83. The lowest was 0.85. And the median was 1.39.


Paradise Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Paradise 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.

Paradise Co Cyclically Adjusted Book per Share Chart

Paradise 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 10,921.50 11,808.80 12,843.40 13,858.50 14,858.40

Paradise 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 14,174.10 14,386.10 14,767.20 14,858.40 14,982.70

Competitive Comparison of Paradise Co's Cyclically Adjusted Book per Share

For the Resorts & Casinos subindustry, Paradise 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.


Paradise Co's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Paradise Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Paradise 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, Paradise 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)
=16505.292/118.8477*118.8477
=16,505.292

Current CPI (Mar. 2024) = 118.8477.

Paradise Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9,892.229 99.353 11,833.248
201409 11,782.009 99.608 14,057.753
201412 11,812.759 99.098 14,166.979
201503 11,745.156 99.720 13,998.042
201506 11,877.444 100.050 14,109.015
201509 11,966.915 100.110 14,206.776
201512 12,005.495 100.220 14,236.933
201603 11,800.455 100.560 13,946.469
201606 12,080.826 100.790 14,245.246
201609 12,177.508 101.460 14,264.428
201612 12,256.963 101.560 14,343.362
201703 12,031.425 102.850 13,902.841
201706 11,808.630 102.610 13,677.307
201709 11,846.928 103.490 13,604.987
201712 11,671.465 102.990 13,468.558
201803 11,602.011 104.100 13,245.652
201806 11,587.431 104.130 13,225.195
201809 11,640.066 105.650 13,094.132
201812 14,935.084 104.350 17,010.066
201903 14,656.602 104.490 16,670.528
201906 14,602.661 104.880 16,547.413
201909 15,020.407 105.200 16,969.019
201912 14,864.984 105.120 16,806.213
202003 14,691.014 105.540 16,543.426
202006 14,295.217 104.870 16,200.569
202009 14,125.493 106.200 15,807.743
202012 13,379.316 105.765 15,034.226
202103 13,216.760 107.357 14,631.357
202106 13,467.264 107.579 14,877.990
202109 13,705.251 108.759 14,976.550
202112 14,399.800 109.676 15,603.932
202203 14,113.175 111.806 15,002.070
202206 14,382.214 114.083 14,982.916
202209 14,876.241 114.831 15,396.560
202212 15,915.400 115.200 16,419.318
202303 15,961.180 116.550 16,275.899
202306 16,270.639 117.140 16,507.851
202309 16,671.414 119.111 16,634.533
202312 16,277.502 118.848 16,277.502
202403 16,505.292 118.848 16,505.292

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


Paradise Co  (XKRX:034230) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13950.00/14982.7
=0.93

* 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 Paradise Co was 2.83. The lowest was 0.85. And the median was 1.39.


Be Aware

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


Paradise Co Cyclically Adjusted Book per Share Related Terms

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


Paradise Co (XKRX:034230) Business Description

Traded in Other Exchanges
N/A
Address
268, Dongho-ro, Jung-gu, Seoul, KOR
Paradise Co Ltd operates in the tourism industry. It is involved in the businesses of Casino, Hotel, Integrated Resorts, Travel and Leisure and Construction business. Casino business comprises operating casinos located in Walkerhill, Busan, Incheon, Jeju Grand, and Jeju Lotte. Travel and leisure business offers travel products with themes and corporate incentives as well as business services for corporate customers, a spa of hot spring water and caravan camping and refrigerated transportation of wine from wineries. The firm's construction business includes construction and construction management information systems.

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