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Korshynov Mining Plant PJSC (MIC:KOGK) Cyclically Adjusted Book per Share : ₽201,508.00 (As of Sep. 2023)


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What is Korshynov Mining Plant PJSC 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.

Korshynov Mining Plant PJSC's adjusted book value per share for the three months ended in Sep. 2023 was ₽224,248.420. 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 ₽201,508.00 for the trailing ten years ended in Sep. 2023.

During the past 12 months, Korshynov Mining Plant PJSC's average Cyclically Adjusted Book Growth Rate was 8.50% 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.

As of today (2024-06-02), Korshynov Mining Plant PJSC's current stock price is ₽50000.00. Korshynov Mining Plant PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₽201,508.00. Korshynov Mining Plant PJSC's Cyclically Adjusted PB Ratio of today is 0.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Korshynov Mining Plant PJSC was 0.40. The lowest was 0.16. And the median was 0.28.


Korshynov Mining Plant PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Korshynov Mining Plant PJSC'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.

Korshynov Mining Plant PJSC Cyclically Adjusted Book per Share Chart

Korshynov Mining Plant PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 168,204.00

Korshynov Mining Plant PJSC Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
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 185,677.00 - 187,666.00 196,794.00 201,508.00

Competitive Comparison of Korshynov Mining Plant PJSC's Cyclically Adjusted Book per Share

For the Steel subindustry, Korshynov Mining Plant PJSC'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.


Korshynov Mining Plant PJSC's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Korshynov Mining Plant PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Korshynov Mining Plant PJSC's Cyclically Adjusted PB Ratio falls into.



Korshynov Mining Plant PJSC 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, Korshynov Mining Plant PJSC's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=224248.42/242.6000*242.6000
=224,248.420

Current CPI (Sep. 2023) = 242.6000.

Korshynov Mining Plant PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201306 90,723.704 121.400 181,297.946
201309 93,720.613 122.800 185,151.634
201312 95,520.473 124.900 185,534.562
201403 101,374.385 127.800 192,436.822
201406 102,692.300 130.900 190,322.017
201409 100,423.300 132.700 183,592.258
201412 106,648.463 139.000 186,136.094
201503 109,011.862 149.400 177,016.584
201506 108,663.823 150.900 174,697.438
201509 110,101.779 153.500 174,011.020
201512 110,995.990 157.000 171,513.549
201603 111,646.684 160.200 169,072.943
201606 114,379.886 162.200 171,076.204
201609 117,784.704 163.300 174,982.053
201612 115,780.354 165.400 169,820.519
201703 128,163.111 167.000 186,181.861
201706 135,395.222 169.200 194,130.502
201709 138,669.528 168.200 200,007.298
201712 134,678.567 169.600 192,647.526
201803 135,460.345 171.000 192,179.413
201806 137,259.017 173.100 192,368.790
201809 140,535.318 173.900 196,054.446
201812 144,000.168 176.800 197,592.991
201903 148,892.652 179.900 200,785.755
201906 155,208.915 181.200 207,801.781
201909 165,393.747 180.800 221,927.672
201912 167,673.410 182.200 223,257.790
202003 168,390.369 184.500 221,417.363
202006 169,261.028 187.000 219,586.767
202009 174,246.604 187.400 225,572.178
202012 183,376.188 191.100 232,794.679
202103 187,789.925 195.200 233,390.552
202106 196,157.790 199.100 239,014.967
202109 205,169.052 201.300 247,262.852
202112 207,788.126 207.200 243,288.607
202203 214,187.403 227.800 228,103.002
202206 0.000 230.800 0.000
202209 211,019.812 228.800 223,747.406
202306 224,737.252 238.300 228,792.519
202309 224,248.420 242.600 224,248.420

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


Korshynov Mining Plant PJSC  (MIC:KOGK) 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.

Korshynov Mining Plant PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=50000.00/201508
=0.25

* 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 Korshynov Mining Plant PJSC was 0.40. The lowest was 0.16. And the median was 0.28.


Be Aware

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


Korshynov Mining Plant PJSC Cyclically Adjusted Book per Share Related Terms

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


Korshynov Mining Plant PJSC (MIC:KOGK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Ivashchenko 9A/1, Zheleznovorsk, Nizhneilimsky Region, Irkutsk, RUS, 665651
Korshynov Mining Plant PJSC is engaged in iron ore mining and processing in Russia.

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