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ContentreeJoongAng (XKRX:036420) Cyclically Adjusted Book per Share : ₩13,705.40 (As of Mar. 2024)


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What is ContentreeJoongAng 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.

ContentreeJoongAng's adjusted book value per share for the three months ended in Mar. 2024 was ₩2,725.436. 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 ₩13,705.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ContentreeJoongAng's average Cyclically Adjusted Book Growth Rate was -5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.60% 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 ContentreeJoongAng was 9.70% per year. The lowest was 0.20% per year. And the median was 7.60% per year.

As of today (2024-06-01), ContentreeJoongAng's current stock price is ₩12870.00. ContentreeJoongAng's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩13,705.40. ContentreeJoongAng's Cyclically Adjusted PB Ratio of today is 0.94.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ContentreeJoongAng was 7.15. The lowest was 0.74. And the median was 3.25.


ContentreeJoongAng Cyclically Adjusted Book per Share Historical Data

The historical data trend for ContentreeJoongAng'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.

ContentreeJoongAng Cyclically Adjusted Book per Share Chart

ContentreeJoongAng 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 12,546.50 13,888.40 14,296.20 14,478.20 13,984.50

ContentreeJoongAng 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 14,465.70 14,317.40 14,302.30 13,984.50 13,705.40

Competitive Comparison of ContentreeJoongAng's Cyclically Adjusted Book per Share

For the Entertainment subindustry, ContentreeJoongAng'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.


ContentreeJoongAng's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



ContentreeJoongAng 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, ContentreeJoongAng'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)
=2725.436/118.8477*118.8477
=2,725.436

Current CPI (Mar. 2024) = 118.8477.

ContentreeJoongAng Quarterly Data

Book Value per Share CPI Adj_Book
201406 11,806.160 99.353 14,122.724
201409 13,187.835 99.608 15,735.120
201412 11,967.057 99.098 14,352.027
201503 12,004.277 99.720 14,306.866
201506 14,332.263 100.050 17,025.052
201509 5,249.277 100.110 6,231.790
201512 5,231.344 100.220 6,203.684
201603 5,659.987 100.560 6,689.304
201606 5,520.665 100.790 6,509.756
201609 6,465.739 101.460 7,573.805
201612 7,031.516 101.560 8,228.432
201703 7,322.593 102.850 8,461.578
201706 15,005.097 102.610 17,379.605
201709 14,407.812 103.490 16,545.901
201712 13,271.579 102.990 15,315.047
201803 13,660.961 104.100 15,596.290
201806 13,867.894 104.130 15,827.978
201809 23,151.268 105.650 26,043.303
201812 23,637.151 104.350 26,921.141
201903 23,682.540 104.490 26,936.696
201906 24,631.380 104.880 27,911.736
201909 24,399.738 105.200 27,565.140
201912 22,374.337 105.120 25,296.219
202003 19,073.583 105.540 21,478.600
202006 17,754.156 104.870 20,120.536
202009 17,276.490 106.200 19,334.003
202012 11,955.700 105.765 13,434.521
202103 10,995.638 107.357 12,172.507
202106 9,540.521 107.579 10,539.912
202109 8,938.182 108.759 9,767.287
202112 9,669.776 109.676 10,478.377
202203 10,389.930 111.806 11,044.322
202206 8,808.357 114.083 9,176.256
202209 10,546.406 114.831 10,915.283
202212 7,384.451 115.200 7,618.259
202303 7,664.125 116.550 7,815.245
202306 6,593.172 117.140 6,689.295
202309 5,557.799 119.111 5,545.504
202312 2,580.407 118.848 2,580.407
202403 2,725.436 118.848 2,725.436

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


ContentreeJoongAng  (XKRX:036420) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=12870.00/13705.4
=0.94

* 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 ContentreeJoongAng was 7.15. The lowest was 0.74. And the median was 3.25.


Be Aware

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


ContentreeJoongAng Cyclically Adjusted Book per Share Related Terms

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


ContentreeJoongAng (XKRX:036420) Business Description

Traded in Other Exchanges
N/A
Address
441 Joongrim-Dong, Media Center, Jung-gu, Seoul, KOR, 100-759
ContentreeJoongAng Corp publishes magazines, operates movie theaters and produces soap operas. However, most of the company's profit comes from sales of magazines.

ContentreeJoongAng (XKRX:036420) Headlines

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