GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Daejoo Electronic Materials Co Ltd (XKRX:078600) » Definitions » Cyclically Adjusted Book per Share

Daejoo Electronic Materials Co (XKRX:078600) Cyclically Adjusted Book per Share : ₩6,573.18 (As of Mar. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Daejoo Electronic Materials 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.

Daejoo Electronic Materials Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩10,615.464. 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 ₩6,573.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daejoo Electronic Materials Co's average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.10% 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 Daejoo Electronic Materials Co was 9.90% per year. The lowest was 6.00% per year. And the median was 8.30% per year.

As of today (2024-06-11), Daejoo Electronic Materials Co's current stock price is ₩123100.00. Daejoo Electronic Materials Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩6,573.18. Daejoo Electronic Materials Co's Cyclically Adjusted PB Ratio of today is 18.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daejoo Electronic Materials Co was 24.27. The lowest was 1.06. And the median was 8.68.


Daejoo Electronic Materials Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daejoo Electronic Materials 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.

Daejoo Electronic Materials Co Cyclically Adjusted Book per Share Chart

Daejoo Electronic Materials 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 4,525.09 4,850.91 5,328.57 5,931.85 6,445.25

Daejoo Electronic Materials 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 6,070.26 6,168.48 6,333.53 6,445.25 6,573.18

Competitive Comparison of Daejoo Electronic Materials Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Daejoo Electronic Materials 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.


Daejoo Electronic Materials Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Daejoo Electronic Materials Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Daejoo Electronic Materials Co's Cyclically Adjusted PB Ratio falls into.



Daejoo Electronic Materials 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, Daejoo Electronic Materials 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)
=10615.464/118.8477*118.8477
=10,615.464

Current CPI (Mar. 2024) = 118.8477.

Daejoo Electronic Materials Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 4,652.563 99.353 5,565.473
201409 4,700.533 99.608 5,608.461
201412 3,953.796 99.098 4,741.766
201503 3,848.019 99.720 4,586.123
201506 3,751.283 100.050 4,456.086
201509 3,758.902 100.110 4,462.460
201512 4,867.661 100.220 5,772.404
201603 4,865.378 100.560 5,750.189
201606 4,786.596 100.790 5,644.170
201609 4,719.404 101.460 5,528.192
201612 4,522.687 101.560 5,292.546
201703 4,458.561 102.850 5,152.063
201706 4,500.306 102.610 5,212.465
201709 4,524.456 103.490 5,195.876
201712 3,806.393 102.990 4,392.476
201803 3,848.202 104.100 4,393.371
201806 3,871.430 104.130 4,418.617
201809 5,187.366 105.650 5,835.367
201812 5,856.461 104.350 6,670.119
201903 5,899.611 104.490 6,710.261
201906 5,796.126 104.880 6,568.042
201909 5,793.841 105.200 6,545.482
201912 5,739.073 105.120 6,488.543
202003 5,834.817 105.540 6,570.538
202006 5,863.464 104.870 6,644.982
202009 5,893.188 106.200 6,595.027
202012 5,768.251 105.765 6,481.736
202103 6,083.292 107.357 6,734.390
202106 6,369.320 107.579 7,036.521
202109 6,687.952 108.759 7,308.326
202112 8,721.102 109.676 9,450.373
202203 8,794.282 111.806 9,348.175
202206 8,873.292 114.083 9,243.903
202209 8,714.168 114.831 9,018.959
202212 8,055.728 115.200 8,310.791
202303 7,920.115 116.550 8,076.282
202306 7,938.489 117.140 8,054.225
202309 7,951.321 119.111 7,933.731
202312 10,513.157 118.848 10,513.157
202403 10,615.464 118.848 10,615.464

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


Daejoo Electronic Materials Co  (XKRX:078600) 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.

Daejoo Electronic Materials Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=123100.00/6573.18
=18.73

* 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 Daejoo Electronic Materials Co was 24.27. The lowest was 1.06. And the median was 8.68.


Be Aware

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


Daejoo Electronic Materials Co Cyclically Adjusted Book per Share Related Terms

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


Daejoo Electronic Materials Co (XKRX:078600) Business Description

Traded in Other Exchanges
N/A
Address
148, Seohaean-Ro, Siheung, KOR, 429-848
Daejoo Electronic Materials Co Ltd manufactures and markets various materials for electronic components in South Korea. Its products include conductive paste, solar-cell paste, phosphor, polymer materials, lithium-ion battery anode materials, metal powder, glass materials, OLED materials, and graphene.

Daejoo Electronic Materials Co (XKRX:078600) Headlines

No Headlines