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LF (XKRX:093050) Cyclically Adjusted Book per Share : ₩46,024.40 (As of Mar. 2024)


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What is LF 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.

LF's adjusted book value per share for the three months ended in Mar. 2024 was ₩53,636.323. 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 ₩46,024.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LF's average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.40% 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 LF was 8.10% per year. The lowest was 7.20% per year. And the median was 7.50% per year.

As of today (2024-06-09), LF's current stock price is ₩14660.00. LF's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩46,024.40. LF's Cyclically Adjusted PB Ratio of today is 0.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LF was 1.17. The lowest was 0.27. And the median was 0.47.


LF Cyclically Adjusted Book per Share Historical Data

The historical data trend for LF'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.

LF Cyclically Adjusted Book per Share Chart

LF 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 34,387.90 36,607.80 39,496.00 42,684.70 45,623.50

LF 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 43,581.70 44,188.10 45,326.90 45,623.50 46,024.40

Competitive Comparison of LF's Cyclically Adjusted Book per Share

For the Apparel Manufacturing subindustry, LF'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.


LF's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, LF's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



LF 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, LF'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)
=53636.323/118.8477*118.8477
=53,636.323

Current CPI (Mar. 2024) = 118.8477.

LF Quarterly Data

Book Value per Share CPI Adj_Book
201406 32,071.763 99.353 38,364.773
201409 32,254.880 99.608 38,485.044
201412 33,598.847 99.098 40,294.917
201503 33,541.092 99.720 39,974.746
201506 34,122.520 100.050 40,533.563
201509 34,152.619 100.110 40,545.003
201512 34,790.068 100.220 41,256.431
201603 34,551.401 100.560 40,834.870
201606 35,190.317 100.790 41,495.071
201609 35,204.911 101.460 41,238.150
201612 36,006.247 101.560 42,135.286
201703 36,090.799 102.850 41,704.506
201706 36,928.699 102.610 42,772.546
201709 37,167.887 103.490 42,683.524
201712 37,362.767 102.990 43,115.632
201803 37,652.491 104.100 42,986.666
201806 38,430.789 104.130 43,862.584
201809 39,300.911 105.650 44,210.344
201812 40,126.424 104.350 45,701.324
201903 40,246.737 104.490 45,776.937
201906 41,043.447 104.880 46,509.528
201909 41,115.996 105.200 46,450.015
201912 41,768.228 105.120 47,222.772
202003 42,158.370 105.540 47,474.183
202006 42,668.221 104.870 48,355.296
202009 42,616.008 106.200 47,691.286
202012 43,342.265 105.765 48,703.343
202103 43,152.843 107.357 47,771.515
202106 45,089.573 107.579 49,812.807
202109 46,053.331 108.759 50,325.237
202112 46,903.761 109.676 50,825.922
202203 47,928.153 111.806 50,946.827
202206 49,209.890 114.083 51,265.241
202209 49,822.973 114.831 51,565.608
202212 51,612.434 115.200 53,246.601
202303 51,356.261 116.550 52,368.893
202306 51,904.737 117.140 52,661.464
202309 52,595.713 119.111 52,479.360
202312 53,692.603 118.848 53,692.603
202403 53,636.323 118.848 53,636.323

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


LF  (XKRX:093050) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14660.00/46024.4
=0.32

* 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 LF was 1.17. The lowest was 0.27. And the median was 0.47.


Be Aware

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


LF Cyclically Adjusted Book per Share Related Terms

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


LF (XKRX:093050) Business Description

Traded in Other Exchanges
N/A
Address
870, Eonju-ro, Gangnam-gu, Seoul, KOR
LF Corp is engaged in the apparel manufacturing industry in Korea. Its business involves the manufacture and marketing of all types of apparel under brand names such as Lafuma, Daks, Hazzy's, Joseph, Vince, Allegri, TNGT, Jillstuart and MOGG. Its suite of products includes women's wear, sportswear and outdoors, accessories and lifestyle items.

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