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GS Global (XKRX:001250) Cyclically Adjusted Book per Share : ₩5,648.50 (As of Mar. 2024)


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What is GS Global 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.

GS Global's adjusted book value per share for the three months ended in Mar. 2024 was ₩5,254.502. 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 ₩5,648.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GS Global's average Cyclically Adjusted Book Growth Rate was -5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.50% 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 GS Global was 2.60% per year. The lowest was -3.40% per year. And the median was -1.80% per year.

As of today (2024-05-27), GS Global's current stock price is ₩2410.00. GS Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩5,648.50. GS Global's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GS Global was 0.75. The lowest was 0.16. And the median was 0.43.


GS Global Cyclically Adjusted Book per Share Historical Data

The historical data trend for GS Global'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.

GS Global Cyclically Adjusted Book per Share Chart

GS Global 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 6,534.68 6,394.94 6,163.13 6,035.88 5,759.65

GS Global 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 5,993.49 5,905.79 5,888.68 5,759.65 5,648.50

Competitive Comparison of GS Global's Cyclically Adjusted Book per Share

For the Industrial Distribution subindustry, GS Global'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.


GS Global's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, GS Global's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GS Global 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, GS Global'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)
=5254.502/118.8477*118.8477
=5,254.502

Current CPI (Mar. 2024) = 118.8477.

GS Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 8,222.327 99.353 9,835.683
201409 8,343.097 99.608 9,954.601
201412 8,013.794 99.098 9,610.900
201503 8,271.170 99.720 9,857.697
201506 8,177.372 100.050 9,713.762
201509 8,117.571 100.110 9,636.946
201512 6,453.448 100.220 7,652.938
201603 4,121.332 100.560 4,870.832
201606 3,558.591 100.790 4,196.154
201609 3,891.942 101.460 4,558.923
201612 3,788.984 101.560 4,433.951
201703 3,885.388 102.850 4,489.737
201706 4,316.020 102.610 4,999.016
201709 4,596.370 103.490 5,278.462
201712 4,454.088 102.990 5,139.898
201803 4,476.129 104.100 5,110.256
201806 4,596.004 104.130 5,245.602
201809 4,673.533 105.650 5,257.346
201812 4,638.076 104.350 5,282.460
201903 4,734.148 104.490 5,384.655
201906 4,727.322 104.880 5,356.897
201909 4,777.645 105.200 5,397.454
201912 4,353.064 105.120 4,921.534
202003 4,400.713 105.540 4,955.606
202006 4,476.249 104.870 5,072.870
202009 4,510.193 106.200 5,047.326
202012 3,466.469 105.765 3,895.242
202103 3,419.148 107.357 3,785.101
202106 3,528.048 107.579 3,897.619
202109 3,866.337 108.759 4,224.978
202112 4,013.351 109.676 4,348.953
202203 4,135.346 111.806 4,395.804
202206 4,332.221 114.083 4,513.165
202209 4,696.639 114.831 4,860.911
202212 4,813.348 115.200 4,965.750
202303 4,985.945 116.550 5,084.257
202306 5,040.575 117.140 5,114.062
202309 5,236.571 119.111 5,224.987
202312 5,113.003 118.848 5,113.003
202403 5,254.502 118.848 5,254.502

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


GS Global  (XKRX:001250) 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.

GS Global's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2410.00/5648.5
=0.43

* 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 GS Global was 0.75. The lowest was 0.16. And the median was 0.43.


Be Aware

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


GS Global Cyclically Adjusted Book per Share Related Terms

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


GS Global (XKRX:001250) Business Description

Traded in Other Exchanges
N/A
Address
508, Nonhyeon-ro, Gangnam-Gu, Seoul, KOR, 06141
GS Global Corp is engaged in the import, export, and triangular trade of various products in South Korea. The company mainly trades in steel, chemicals, coal, cement, and machinery.

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