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Asia Cement Co (XKRX:183190) Cyclically Adjusted Book per Share : ₩23,432.50 (As of Mar. 2024)


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What is Asia Cement 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.

Asia Cement Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩27,520.659. 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 ₩23,432.50 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 (2024-06-01), Asia Cement Co's current stock price is ₩10320.00. Asia Cement Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩23,432.50. Asia Cement Co's Cyclically Adjusted PB Ratio of today is 0.44.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Asia Cement Co was 0.49. The lowest was 0.42. And the median was 0.45.


Asia Cement Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Asia Cement 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.

Asia Cement Co Cyclically Adjusted Book per Share Chart

Asia Cement 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 - - - - 23,267.80

Asia Cement 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 - - - 23,267.80 23,432.50

Competitive Comparison of Asia Cement Co's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Asia Cement 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.


Asia Cement Co's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Asia Cement Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Asia Cement 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, Asia Cement 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)
=27520.659/118.8477*118.8477
=27,520.659

Current CPI (Mar. 2024) = 118.8477.

Asia Cement Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 18,021.221 99.353 21,557.282
201409 18,058.676 99.608 21,546.784
201412 17,732.924 99.098 21,267.001
201503 17,808.154 99.720 21,224.009
201506 18,240.256 100.050 21,667.291
201509 18,655.910 100.110 22,147.757
201512 18,829.673 100.220 22,329.508
201603 18,862.249 100.560 22,292.511
201606 19,262.223 100.790 22,713.274
201609 19,650.983 101.460 23,018.669
201612 19,975.491 101.560 23,375.750
201703 19,855.033 102.850 22,943.364
201706 20,400.384 102.610 23,628.679
201709 20,978.095 103.490 24,091.201
201712 21,019.011 102.990 24,255.375
201803 18,662.690 104.100 21,306.607
201806 19,087.912 104.130 21,785.791
201809 19,322.397 105.650 21,736.133
201812 20,007.934 104.350 22,787.704
201903 19,555.485 104.490 22,242.553
201906 20,221.724 104.880 22,914.811
201909 20,336.546 105.200 22,974.826
201912 20,491.375 105.120 23,167.359
202003 20,027.069 105.540 22,552.313
202006 20,357.166 104.870 23,070.491
202009 20,560.381 106.200 23,008.983
202012 20,912.376 105.765 23,499.063
202103 20,787.658 107.357 23,012.572
202106 21,748.039 107.579 24,026.195
202109 22,505.636 108.759 24,593.258
202112 23,262.255 109.676 25,207.479
202203 22,948.695 111.806 24,394.080
202206 23,565.403 114.083 24,549.660
202209 24,061.694 114.831 24,903.288
202212 24,769.856 115.200 25,554.126
202303 24,663.979 116.550 25,150.298
202306 25,438.380 117.140 25,809.250
202309 26,383.667 119.111 26,325.301
202312 27,147.328 118.848 27,147.328
202403 27,520.659 118.848 27,520.659

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


Asia Cement Co  (XKRX:183190) 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.

Asia Cement Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=10320.00/23432.5
=0.44

* 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 Asia Cement Co was 0.49. The lowest was 0.42. And the median was 0.45.


Be Aware

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


Asia Cement Co Cyclically Adjusted Book per Share Related Terms

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


Asia Cement Co (XKRX:183190) Business Description

Traded in Other Exchanges
N/A
Address
726 Yeoksam-dong, Gangnam-gu, Seoul, KOR
Asia Cement Co Ltd engages in the manufacture and distribution of cement, semi-finished cement, cement products, ready-mixed concrete and related material. Its business also covers quarrying, non-metallic mineral products, the whole and retail sale of building materials, international trading, tally, and packing. It offers Portland cement, Asia mortar, and customized cement products.

Asia Cement Co (XKRX:183190) Headlines

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