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Igloo (XKRX:067920) Cyclically Adjusted Book per Share : ₩5,522.66 (As of Mar. 2024)


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What is Igloo 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.

Igloo's adjusted book value per share for the three months ended in Mar. 2024 was ₩6,889.790. 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 ₩5,522.66 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Igloo's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Igloo was 5.70% per year. The lowest was 5.70% per year. And the median was 5.70% per year.

As of today (2024-06-04), Igloo's current stock price is ₩5610.00. Igloo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩5,522.66. Igloo's Cyclically Adjusted PB Ratio of today is 1.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Igloo was 1.76. The lowest was 0.95. And the median was 1.20.


Igloo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Igloo'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.

Igloo Cyclically Adjusted Book per Share Chart

Igloo 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 - 4,684.33 4,943.77 5,270.96 5,538.29

Igloo 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 5,351.87 5,395.53 5,513.60 5,538.29 5,522.66

Competitive Comparison of Igloo's Cyclically Adjusted Book per Share

For the Security & Protection Services subindustry, Igloo'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.


Igloo's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Igloo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Igloo 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, Igloo'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)
=6889.79/118.8477*118.8477
=6,889.790

Current CPI (Mar. 2024) = 118.8477.

Igloo Quarterly Data

Book Value per Share CPI Adj_Book
201406 4,553.928 99.353 5,447.484
201409 4,145.425 99.608 4,946.131
201412 3,845.122 99.098 4,611.434
201503 0.000 99.720 0.000
201506 0.000 100.050 0.000
201509 0.000 100.110 0.000
201512 3,428.290 100.220 4,065.500
201603 3,658.113 100.560 4,323.372
201606 3,617.938 100.790 4,266.134
201609 3,582.750 101.460 4,196.744
201612 3,763.327 101.560 4,403.926
201703 4,148.185 102.850 4,793.410
201706 3,918.972 102.610 4,539.137
201709 3,824.136 103.490 4,391.630
201712 4,093.137 102.990 4,723.370
201803 4,405.016 104.100 5,029.068
201806 4,196.087 104.130 4,789.161
201809 3,989.747 105.650 4,488.142
201812 4,883.343 104.350 5,561.802
201903 4,974.970 104.490 5,658.568
201906 4,946.360 104.880 5,605.106
201909 4,676.831 105.200 5,283.561
201912 4,971.266 105.120 5,620.467
202003 5,171.872 105.540 5,824.001
202006 5,010.662 104.870 5,678.513
202009 4,815.235 106.200 5,388.697
202012 5,426.673 105.765 6,097.907
202103 5,633.594 107.357 6,236.561
202106 5,405.764 107.579 5,972.030
202109 5,099.011 108.759 5,571.995
202112 6,129.214 109.676 6,641.748
202203 6,000.645 111.806 6,378.586
202206 6,091.613 114.083 6,346.042
202209 6,129.484 114.831 6,343.872
202212 6,660.422 115.200 6,871.306
202303 6,533.334 116.550 6,662.157
202306 6,613.598 117.140 6,710.019
202309 6,704.683 119.111 6,689.851
202312 7,291.058 118.848 7,291.058
202403 6,889.790 118.848 6,889.790

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


Igloo  (XKRX:067920) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5610.00/5522.66
=1.02

* 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 Igloo was 1.76. The lowest was 0.95. And the median was 1.20.


Be Aware

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


Igloo Cyclically Adjusted Book per Share Related Terms

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


Igloo (XKRX:067920) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7, Jeongui-ro 8-gil, 6th Floor, Songpa-gu, Seoul, KOR, 135-090
Igloo Corp is an information security company. It develops and offers various security solutions and services in diverse areas from network to endpoint. The company offered solutions including Spider TM, LIGER-1, Escort, KiMO, WEBMON and Smart(Guard). In addition, the organization also provides services such as managed security, security consulting, IGLOO school and SOC planning. The company's business areas are Solution business which comprises next-generation enterprise security management solution, physical security information management and security solution retails; Enterprise security management business which includes dispatched security management and training, remote control security management and managing security operation centers; and Security consulting business.

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