GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Neowiz (XKRX:095660) » Definitions » Cyclically Adjusted Book per Share

Neowiz (XKRX:095660) Cyclically Adjusted Book per Share : ₩18,375.50 (As of Mar. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Neowiz 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's adjusted book value per share for the three months ended in Mar. 2024 was ₩24,798.891. 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 ₩18,375.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Neowiz's average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% 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 was 8.40% per year. The lowest was 4.10% per year. And the median was 5.90% per year.

As of today (2024-06-05), Neowiz's current stock price is ₩20650.00. Neowiz's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩18,375.50. Neowiz's Cyclically Adjusted PB Ratio of today is 1.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Neowiz was 2.85. The lowest was 0.83. And the median was 1.44.


Neowiz Cyclically Adjusted Book per Share Historical Data

The historical data trend for Neowiz'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 Cyclically Adjusted Book per Share Chart

Neowiz 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 13,885.30 14,282.10 15,504.90 16,940.20 18,177.90

Neowiz 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 17,305.30 17,560.00 18,030.40 18,177.90 18,375.50

Competitive Comparison of Neowiz's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, Neowiz'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's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

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

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



Neowiz 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'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)
=24798.891/118.8477*118.8477
=24,798.891

Current CPI (Mar. 2024) = 118.8477.

Neowiz Quarterly Data

Book Value per Share CPI Adj_Book
201406 14,078.354 99.353 16,840.760
201409 14,025.841 99.608 16,734.991
201412 13,097.339 99.098 15,707.568
201503 13,347.257 99.720 15,907.449
201506 13,341.321 100.050 15,847.929
201509 13,540.070 100.110 16,074.380
201512 12,229.516 100.220 14,502.593
201603 12,621.221 100.560 14,916.498
201606 13,284.148 100.790 15,664.158
201609 13,152.283 101.460 15,406.255
201612 12,836.713 101.560 15,021.798
201703 12,647.553 102.850 14,614.804
201706 12,765.492 102.610 14,785.590
201709 12,723.820 103.490 14,612.008
201712 12,403.150 102.990 14,312.903
201803 13,079.011 104.100 14,931.896
201806 13,483.684 104.130 15,389.463
201809 13,455.453 105.650 15,136.296
201812 14,029.123 104.350 15,978.237
201903 14,286.344 104.490 16,249.393
201906 14,982.642 104.880 16,977.999
201909 15,220.563 105.200 17,195.142
201912 15,120.987 105.120 17,095.648
202003 15,905.607 105.540 17,911.169
202006 16,586.285 104.870 18,797.004
202009 17,111.124 106.200 19,148.943
202012 17,983.427 105.765 20,207.827
202103 18,870.718 107.357 20,890.461
202106 19,292.187 107.579 21,313.087
202109 19,764.359 108.759 21,597.700
202112 21,628.598 109.676 23,437.213
202203 22,037.931 111.806 23,425.953
202206 22,865.054 114.083 23,820.059
202209 23,400.922 114.831 24,219.405
202212 21,771.842 115.200 22,461.188
202303 22,023.362 116.550 22,457.614
202306 22,740.624 117.140 23,072.163
202309 23,605.460 119.111 23,553.240
202312 24,005.038 118.848 24,005.038
202403 24,798.891 118.848 24,798.891

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


Neowiz  (XKRX:095660) 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's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=20650.00/18375.5
=1.12

* 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 was 2.85. The lowest was 0.83. And the median was 1.44.


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 Cyclically Adjusted Book per Share Related Terms

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


Neowiz (XKRX:095660) Business Description

Industry
Traded in Other Exchanges
N/A
Address
14, Daewangpangyo-ro 645beon-gil, Neowiz Pangyo Tower, Bundang-gu, Seongnam-si, Gyeonggi-do, KOR, 13487
Neowiz is a South Korea-based company. It is engaged in game production and publishing game portal bell pepper service. The company provides online games, web board games, smartphone games, and neoply.

Neowiz (XKRX:095660) Headlines

No Headlines