GURUFOCUS.COM » STOCK LIST » Industrials » Construction » GS Engineering & Construction Corp (XKRX:006360) » Definitions » Cyclically Adjusted Book per Share

GS Engineeringnstruction (XKRX:006360) Cyclically Adjusted Book per Share : ₩55,459.50 (As of Mar. 2024)


View and export this data going back to 1981. Start your Free Trial

What is GS Engineeringnstruction 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 Engineeringnstruction's adjusted book value per share for the three months ended in Mar. 2024 was ₩51,034.411. 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 ₩55,459.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GS Engineeringnstruction's average Cyclically Adjusted Book Growth Rate was -0.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.40% 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 Engineeringnstruction was -0.10% per year. The lowest was -2.50% per year. And the median was -1.40% per year.

As of today (2024-06-12), GS Engineeringnstruction's current stock price is ₩14640.00. GS Engineeringnstruction's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩55,459.50. GS Engineeringnstruction's Cyclically Adjusted PB Ratio of today is 0.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GS Engineeringnstruction was 0.87. The lowest was 0.23. And the median was 0.52.


GS Engineeringnstruction Cyclically Adjusted Book per Share Historical Data

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

GS Engineeringnstruction 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 58,026.20 55,976.10 55,380.40 55,601.60 55,784.40

GS Engineeringnstruction 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 55,859.80 55,727.90 56,269.80 55,784.40 55,459.50

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

For the Engineering & Construction subindustry, GS Engineeringnstruction'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 Engineeringnstruction's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



GS Engineeringnstruction 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 Engineeringnstruction'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)
=51034.411/118.8477*118.8477
=51,034.411

Current CPI (Mar. 2024) = 118.8477.

GS Engineeringnstruction Quarterly Data

Book Value per Share CPI Adj_Book
201406 48,608.343 99.353 58,146.103
201409 47,965.970 99.608 57,230.797
201412 47,022.756 99.098 56,394.139
201503 45,901.747 99.720 54,706.348
201506 47,203.874 100.050 56,072.682
201509 47,887.322 100.110 56,850.445
201512 47,214.863 100.220 55,990.599
201603 47,823.215 100.560 56,520.278
201606 47,976.322 100.790 56,571.838
201609 47,647.584 101.460 55,813.185
201612 47,135.689 101.560 55,159.199
201703 46,205.543 102.850 53,392.538
201706 46,638.670 102.610 54,019.088
201709 46,588.002 103.490 53,501.564
201712 45,095.192 102.990 52,038.643
201803 42,282.127 104.100 48,272.176
201806 42,722.208 104.130 48,760.551
201809 43,998.986 105.650 49,495.299
201812 45,064.370 104.350 51,325.316
201903 45,501.672 104.490 51,753.939
201906 47,422.184 104.880 53,737.772
201909 50,169.619 105.200 56,678.173
201912 50,055.676 105.120 56,592.484
202003 49,909.387 105.540 56,202.538
202006 50,587.761 104.870 57,330.400
202009 51,747.403 106.200 57,910.168
202012 51,755.144 105.765 58,156.825
202103 51,166.611 107.357 56,643.001
202106 52,305.415 107.579 57,784.525
202109 53,561.065 108.759 58,529.388
202112 54,486.704 109.676 59,042.961
202203 55,412.102 111.806 58,902.140
202206 57,036.526 114.083 59,418.772
202209 58,742.846 114.831 60,797.467
202212 56,917.130 115.200 58,719.256
202303 57,504.756 116.550 58,638.622
202306 54,550.735 117.140 55,346.038
202309 54,196.024 119.111 54,076.131
202312 50,824.770 118.848 50,824.770
202403 51,034.411 118.848 51,034.411

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


GS Engineeringnstruction  (XKRX:006360) 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 Engineeringnstruction's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14640.00/55459.5
=0.26

* 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 Engineeringnstruction was 0.87. The lowest was 0.23. And the median was 0.52.


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 Engineeringnstruction Cyclically Adjusted Book per Share Related Terms

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


GS Engineeringnstruction (XKRX:006360) Business Description

Traded in Other Exchanges
N/A
Address
GS Yeokjeon Tower, 537, Namdaemun-ro 5-ga, Joong-gu, Seoul, KOR, 100-722
GS Engineering & Construction Corp designs and develops projects for power, environment, infrastructure, buildings, and housing markets. Most projects and revenue come from Korea, but the company has a strong sales presence in the Middle East and Africa. It constructs plants and refineries for gas, waste and water treatment, and other industrial components. Also, the company builds offices, manufacturing facilities, and housing developments for both the public and private sectors. GS E&C operates in four business sectors: architecture business, infrastructure, pant, and power. Most sales come from the architecture business and plant sectors, and projects in these areas tend to be large, complex, with components of building automation.

GS Engineeringnstruction (XKRX:006360) Headlines

No Headlines