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NHN Entertainment (XKRX:181710) Cyclically Adjusted Book per Share : ₩48,774.70 (As of Mar. 2024)


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What is NHN Entertainment 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.

NHN Entertainment's adjusted book value per share for the three months ended in Mar. 2024 was ₩48,449.260. 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 ₩48,774.70 for the trailing ten years ended in Mar. 2024.

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.

As of today (2024-06-05), NHN Entertainment's current stock price is ₩22150.00. NHN Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩48,774.70. NHN Entertainment's Cyclically Adjusted PB Ratio of today is 0.45.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of NHN Entertainment was 0.58. The lowest was 0.42. And the median was 0.49.


NHN Entertainment Cyclically Adjusted Book per Share Historical Data

The historical data trend for NHN Entertainment'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.

NHN Entertainment Cyclically Adjusted Book per Share Chart

NHN Entertainment 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 - - - - 48,532.50

NHN Entertainment 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 - 47,274.20 48,396.90 48,532.50 48,774.70

Competitive Comparison of NHN Entertainment's Cyclically Adjusted Book per Share

For the Electronic Gaming & Multimedia subindustry, NHN Entertainment'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.


NHN Entertainment's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

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

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



NHN Entertainment 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, NHN Entertainment'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)
=48449.26/118.8477*118.8477
=48,449.260

Current CPI (Mar. 2024) = 118.8477.

NHN Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201406 32,191.789 99.353 38,508.350
201409 32,449.767 99.608 38,717.575
201412 33,490.014 99.098 40,164.394
201503 33,219.338 99.720 39,591.275
201506 32,795.560 100.050 38,957.290
201509 37,392.771 100.110 44,391.618
201512 37,143.572 100.220 44,047.377
201603 37,668.387 100.560 44,518.707
201606 38,517.458 100.790 45,418.308
201609 38,967.455 101.460 45,645.500
201612 38,076.305 101.560 44,557.712
201703 38,428.162 102.850 44,405.432
201706 38,628.250 102.610 44,741.045
201709 38,436.998 103.490 44,140.968
201712 39,216.845 102.990 45,255.188
201803 41,159.708 104.100 46,990.746
201806 42,252.364 104.130 48,224.299
201809 42,513.490 105.650 47,824.236
201812 41,950.602 104.350 47,778.942
201903 42,189.256 104.490 47,986.372
201906 42,385.242 104.880 48,030.020
201909 44,494.065 105.200 50,266.324
201912 42,239.545 105.120 47,755.639
202003 42,366.238 105.540 47,708.262
202006 43,225.269 104.870 48,986.591
202009 44,043.868 106.200 49,289.194
202012 43,046.037 105.765 48,370.474
202103 46,432.002 107.357 51,401.645
202106 46,368.960 107.579 51,226.213
202109 49,361.141 108.759 53,939.879
202112 102,173.114 109.676 110,716.978
202203 50,872.363 111.806 54,076.473
202206 50,328.457 114.083 52,430.527
202209 52,499.464 114.831 54,335.713
202212 49,179.238 115.200 50,736.364
202303 49,938.978 116.550 50,923.664
202306 50,428.641 117.140 51,163.848
202309 51,027.332 119.111 50,914.448
202312 48,402.414 118.848 48,402.414
202403 48,449.260 118.848 48,449.260

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


NHN Entertainment  (XKRX:181710) 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.

NHN Entertainment's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22150.00/48774.7
=0.45

* 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 11 years, the highest Cyclically Adjusted PB Ratio of NHN Entertainment was 0.58. The lowest was 0.42. And the median was 0.49.


Be Aware

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


NHN Entertainment Cyclically Adjusted Book per Share Related Terms

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


NHN Entertainment (XKRX:181710) Business Description

Traded in Other Exchanges
N/A
Address
Play Museum, 629 Sampyeong-dong, Bundang-gu, Gyeonggi-do, Seongnam, KOR
NHN Entertainment Corp is engaged in the business of electronic gaming and multimedia. Its primary activity is to develop and sells online and mobile game software such as web board, massively multiplayer online role-playing game, sports games, arcade games, puzzle games, among others. The company also manages affiliated companies in the fields of e-commerce and payment, game operation and support, security and technology, game development studio and operation.

NHN Entertainment (XKRX:181710) Headlines

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