GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Daeho AL Co Ltd (XKRX:069460) » Definitions » Cyclically Adjusted Book per Share

Daeho AL Co (XKRX:069460) Cyclically Adjusted Book per Share : ₩1,251.38 (As of Mar. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Daeho AL 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.

Daeho AL Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩1,402.280. 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 ₩1,251.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daeho AL Co's average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.40% 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 Daeho AL Co was 2.40% per year. The lowest was -1.50% per year. And the median was 0.25% per year.

As of today (2024-06-02), Daeho AL Co's current stock price is ₩1048.00. Daeho AL Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩1,251.38. Daeho AL Co's Cyclically Adjusted PB Ratio of today is 0.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daeho AL Co was 6.63. The lowest was 0.75. And the median was 1.94.


Daeho AL Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daeho AL 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.

Daeho AL Co Cyclically Adjusted Book per Share Chart

Daeho AL 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 1,232.70 1,174.28 1,174.31 1,233.08 1,259.63

Daeho AL 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 1,244.52 1,248.33 1,264.82 1,259.63 1,251.38

Competitive Comparison of Daeho AL Co's Cyclically Adjusted Book per Share

For the Aluminum subindustry, Daeho AL 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.


Daeho AL Co's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Daeho AL Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daeho AL 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, Daeho AL 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)
=1402.28/118.8477*118.8477
=1,402.280

Current CPI (Mar. 2024) = 118.8477.

Daeho AL Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,250.428 99.353 1,495.783
201409 1,054.166 99.608 1,257.783
201412 964.393 99.098 1,156.591
201503 1,006.446 99.720 1,199.497
201506 996.352 100.050 1,183.550
201509 914.983 100.110 1,086.241
201512 905.837 100.220 1,074.203
201603 897.144 100.560 1,060.297
201606 887.017 100.790 1,045.936
201609 947.268 101.460 1,109.606
201612 838.616 101.560 981.367
201703 983.973 102.850 1,137.024
201706 997.006 102.610 1,154.779
201709 998.506 103.490 1,146.682
201712 1,015.955 102.990 1,172.385
201803 1,064.483 104.100 1,215.287
201806 1,022.100 104.130 1,166.563
201809 1,037.547 105.650 1,167.156
201812 1,079.873 104.350 1,229.903
201903 1,045.024 104.490 1,188.618
201906 1,047.036 104.880 1,186.478
201909 954.711 105.200 1,078.567
201912 974.170 105.120 1,101.388
202003 856.426 105.540 964.414
202006 889.891 104.870 1,008.501
202009 911.239 106.200 1,019.761
202012 1,013.082 105.765 1,138.392
202103 1,069.077 107.357 1,183.501
202106 1,682.790 107.579 1,859.066
202109 1,390.759 108.759 1,519.766
202112 1,367.818 109.676 1,482.197
202203 1,536.640 111.806 1,633.423
202206 1,433.368 114.083 1,493.236
202209 1,427.035 114.831 1,476.948
202212 1,403.385 115.200 1,447.819
202303 1,413.327 116.550 1,441.195
202306 1,493.271 117.140 1,515.042
202309 1,473.212 119.111 1,469.953
202312 1,403.919 118.848 1,403.919
202403 1,402.280 118.848 1,402.280

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


Daeho AL Co  (XKRX:069460) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1048.00/1251.38
=0.84

* 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 Daeho AL Co was 6.63. The lowest was 0.75. And the median was 1.94.


Be Aware

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


Daeho AL Co Cyclically Adjusted Book per Share Related Terms

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


Daeho AL Co (XKRX:069460) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-44, Buk-ri, Nongong-eup, Dalseong-gun, Daegu, KOR, 711-857
Daeho AL Co Ltd is engaged in producing and selling various aluminum products in South Korea. It offers aluminum coils and sheets that are used as material for various industries, such as LCD, PDP, PDA, mobile phone and vehicle; circle sheets for use in kitchen utensil industries. The company also offers special steel materials for use in the construction, as well as products for nano and bio industries.

Daeho AL Co (XKRX:069460) Headlines

No Headlines