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Kakao (XKRX:035720) Cyclically Adjusted Book per Share : ₩0.00 (As of Mar. 2024)


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What is Kakao 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.

Kakao's adjusted book value per share for the three months ended in Mar. 2024 was ₩22,528.211. 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 ₩0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Kakao's average Cyclically Adjusted Book Growth Rate was 14.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.60% 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 Kakao was 16.40% per year. The lowest was 12.80% per year. And the median was 14.70% per year.

As of today (2024-05-21), Kakao's current stock price is ₩46050.00. Kakao's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩0.00. Kakao's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kakao was 14.72. The lowest was 2.25. And the median was 3.67.


Kakao Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kakao'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.

Kakao Cyclically Adjusted Book per Share Chart

Kakao 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 9,256.68 10,227.40 11,817.90 14,090.70 16,143.10

Kakao 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 14,635.40 15,077.20 15,699.50 16,143.10 -

Competitive Comparison of Kakao's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, Kakao'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.


Kakao's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Kakao's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kakao 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, Kakao'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)
=22528.211/118.8477*118.8477
=22,528.211

Current CPI (Mar. 2024) = 118.8477.

Kakao Quarterly Data

Book Value per Share CPI Adj_Book
201406 8,172.415 99.353 9,775.978
201409 7,730.683 99.608 9,223.897
201412 8,467.386 99.098 10,154.891
201503 8,422.874 99.720 10,038.500
201506 8,384.339 100.050 9,959.614
201509 8,423.698 100.110 10,000.371
201512 8,495.124 100.220 10,074.096
201603 9,846.988 100.560 11,637.747
201606 9,828.112 100.790 11,588.932
201609 9,846.245 101.460 11,533.645
201612 10,153.769 101.560 11,882.159
201703 10,252.566 102.850 11,847.291
201706 10,675.769 102.610 12,365.175
201709 11,728.067 103.490 13,468.488
201712 11,867.268 102.990 13,694.509
201803 13,590.691 104.100 15,516.065
201806 13,612.077 104.130 15,536.003
201809 12,883.726 105.650 14,493.149
201812 12,979.351 104.350 14,782.616
201903 13,018.428 104.490 14,807.256
201906 13,162.235 104.880 14,915.154
201909 13,450.410 105.200 15,195.345
201912 12,718.909 105.120 14,379.881
202003 13,107.556 105.540 14,760.308
202006 14,072.805 104.870 15,948.513
202009 14,909.707 106.200 16,685.352
202012 14,611.218 105.765 16,418.504
202103 15,428.202 107.357 17,079.491
202106 17,937.332 107.579 19,816.308
202109 20,270.643 108.759 22,150.947
202112 22,972.305 109.676 24,893.283
202203 25,977.009 111.806 27,613.127
202206 25,728.958 114.083 26,803.580
202209 26,252.533 114.831 27,170.755
202212 22,861.783 115.200 23,585.639
202303 24,401.257 116.550 24,882.396
202306 24,263.736 117.140 24,617.481
202309 24,557.947 119.111 24,503.619
202312 22,281.117 118.848 22,281.117
202403 22,528.211 118.848 22,528.211

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


Kakao  (XKRX:035720) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kakao was 14.72. The lowest was 2.25. And the median was 3.67.


Be Aware

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


Kakao Cyclically Adjusted Book per Share Related Terms

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


Kakao (XKRX:035720) Business Description

Traded in Other Exchanges
N/A
Address
242, Cheomdan-ro, Jeju-si, Jeju, KOR
Kakao operates the largest mobile messaging app in South Korea, Kakao Talk. The company aims to help its users connect with everything and has been expanding its content and services through self-development and mergers and acquisitions. Kakao merged with the second- largest Internet search portal, Daum, in 2014, and it acquired leading music streaming service provider Loen Entertainment in 2016.

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