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NEOWIZ HOLDINGS (XKRX:042420) Cyclically Adjusted Book per Share : ₩45,738.40 (As of Mar. 2024)


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What is NEOWIZ 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.

NEOWIZ HOLDINGS's adjusted book value per share for the three months ended in Mar. 2024 was ₩51,743.979. 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 ₩45,738.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NEOWIZ HOLDINGS's average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.70% 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 NEOWIZ HOLDINGS was 12.30% per year. The lowest was 5.60% per year. And the median was 9.30% per year.

As of today (2024-06-03), NEOWIZ HOLDINGS's current stock price is ₩19080.00. NEOWIZ HOLDINGS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩45,738.40. NEOWIZ HOLDINGS's Cyclically Adjusted PB Ratio of today is 0.42.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NEOWIZ HOLDINGS was 2.65. The lowest was 0.35. And the median was 0.56.


NEOWIZ HOLDINGS Cyclically Adjusted Book per Share Historical Data

The historical data trend for NEOWIZ 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.

NEOWIZ HOLDINGS Cyclically Adjusted Book per Share Chart

NEOWIZ 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 29,567.40 31,822.80 36,312.60 41,187.60 45,083.20

NEOWIZ 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 42,343.80 43,182.10 44,547.60 45,083.20 45,738.40

Competitive Comparison of NEOWIZ HOLDINGS's Cyclically Adjusted Book per Share

For the Internet Content & Information subindustry, NEOWIZ 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.


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

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

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



NEOWIZ 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, NEOWIZ 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)
=51743.979/118.8477*118.8477
=51,743.979

Current CPI (Mar. 2024) = 118.8477.

NEOWIZ HOLDINGS Quarterly Data

Book Value per Share CPI Adj_Book
201406 21,504.062 99.353 25,723.514
201409 25,920.269 99.608 30,926.877
201412 27,016.685 99.098 32,400.965
201503 27,285.659 99.720 32,519.433
201506 35,408.937 100.050 42,061.676
201509 35,751.068 100.110 42,442.635
201512 34,307.789 100.220 40,684.512
201603 33,487.289 100.560 39,577.240
201606 34,025.309 100.790 40,121.339
201609 33,560.829 101.460 39,312.314
201612 33,266.882 101.560 38,929.622
201703 33,109.545 102.850 38,259.536
201706 33,727.467 102.610 39,064.729
201709 34,516.690 103.490 39,638.895
201712 33,380.009 102.990 38,519.636
201803 34,235.667 104.100 39,085.786
201806 34,621.274 104.130 39,514.633
201809 34,649.774 105.650 38,978.192
201812 36,346.183 104.350 41,395.882
201903 37,919.968 104.490 43,130.452
201906 39,274.054 104.880 44,504.491
201909 40,071.352 105.200 45,269.848
201912 39,756.237 105.120 44,948.034
202003 41,764.435 105.540 47,030.576
202006 45,458.981 104.870 51,518.026
202009 47,979.134 106.200 53,693.124
202012 49,457.181 105.765 55,574.623
202103 53,289.001 107.357 58,992.552
202106 59,445.015 107.579 65,672.014
202109 56,563.609 108.759 61,810.448
202112 59,326.963 109.676 64,287.970
202203 58,174.355 111.806 61,838.369
202206 53,111.009 114.083 55,329.298
202209 51,813.557 114.831 53,625.815
202212 48,254.601 115.200 49,782.451
202303 49,838.054 116.550 50,820.750
202306 49,005.501 117.140 49,719.959
202309 50,474.008 119.111 50,362.348
202312 50,721.316 118.848 50,721.316
202403 51,743.979 118.848 51,743.979

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


NEOWIZ HOLDINGS  (XKRX:042420) 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.

NEOWIZ HOLDINGS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19080.00/45738.4
=0.42

* 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 NEOWIZ HOLDINGS was 2.65. The lowest was 0.35. And the median was 0.56.


Be Aware

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


NEOWIZ HOLDINGS Cyclically Adjusted Book per Share Related Terms

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


NEOWIZ HOLDINGS (XKRX:042420) Business Description

Traded in Other Exchanges
N/A
Address
NEOWIZ Tower, 192-2, Gumi-dong, Bundang-gu, Gyeonggi-do, Seongnam-si, KOR, 463-870
NEOWIZ HOLDINGS Corp is a South Korea based company. It is a holding business company.

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