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Daesung Energy Co (XKRX:117580) Cyclically Adjusted Book per Share : ₩12,399.50 (As of Mar. 2024)


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What is Daesung Energy 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.

Daesung Energy Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩12,175.250. 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 ₩12,399.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Daesung Energy Co's average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.30% 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 Daesung Energy Co was 4.30% per year. The lowest was 3.60% per year. And the median was 3.95% per year.

As of today (2024-06-12), Daesung Energy Co's current stock price is ₩9860.00. Daesung Energy Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩12,399.50. Daesung Energy Co's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Daesung Energy Co was 1.51. The lowest was 0.37. And the median was 0.67.


Daesung Energy Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Daesung Energy 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.

Daesung Energy Co Cyclically Adjusted Book per Share Chart

Daesung Energy 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 10,829.60 10,931.70 11,416.70 12,034.90 12,400.10

Daesung Energy 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 12,176.30 12,236.20 12,435.80 12,400.10 12,399.50

Competitive Comparison of Daesung Energy Co's Cyclically Adjusted Book per Share

For the Utilities - Regulated Gas subindustry, Daesung Energy 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.


Daesung Energy Co's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Daesung Energy Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daesung Energy 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, Daesung Energy 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)
=12175.25/118.8477*118.8477
=12,175.250

Current CPI (Mar. 2024) = 118.8477.

Daesung Energy Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 10,021.574 99.353 11,987.972
201409 9,871.656 99.608 11,778.407
201412 10,136.892 99.098 12,157.120
201503 10,482.719 99.720 12,493.452
201506 10,260.038 100.050 12,187.725
201509 10,151.677 100.110 12,051.778
201512 10,370.483 100.220 12,298.025
201603 10,818.325 100.560 12,785.730
201606 10,590.301 100.790 12,487.677
201609 10,337.671 101.460 12,109.289
201612 10,629.001 101.560 12,438.286
201703 10,978.139 102.850 12,685.723
201706 0.000 102.610 0.000
201709 0.000 103.490 0.000
201712 10,915.658 102.990 12,596.377
201803 11,263.947 104.100 12,859.694
201806 11,080.660 104.130 12,646.797
201809 10,794.664 105.650 12,143.123
201812 10,981.477 104.350 12,507.171
201903 11,266.536 104.490 12,814.642
201906 11,185.496 104.880 12,675.157
201909 10,946.289 105.200 12,366.362
201912 11,144.607 105.120 12,599.990
202003 11,328.226 105.540 12,756.619
202006 11,385.509 104.870 12,903.038
202009 11,151.658 106.200 12,479.745
202012 11,433.127 105.765 12,847.310
202103 11,713.112 107.357 12,966.773
202106 11,671.544 107.579 12,894.164
202109 11,528.100 108.759 12,597.446
202112 11,669.386 109.676 12,645.197
202203 11,862.450 111.806 12,609.586
202206 11,948.573 114.083 12,447.629
202209 11,673.119 114.831 12,081.404
202212 11,538.860 115.200 11,904.207
202303 11,816.005 116.550 12,048.990
202306 11,755.530 117.140 11,926.916
202309 11,498.511 119.111 11,473.074
202312 11,752.503 118.848 11,752.503
202403 12,175.250 118.848 12,175.250

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


Daesung Energy Co  (XKRX:117580) 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.

Daesung Energy Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=9860.00/12399.5
=0.80

* 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 Daesung Energy Co was 1.51. The lowest was 0.37. And the median was 0.67.


Be Aware

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


Daesung Energy Co Cyclically Adjusted Book per Share Related Terms

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


Daesung Energy Co (XKRX:117580) Business Description

Traded in Other Exchanges
N/A
Address
85, Myeongdeok-ro, Jung-gu, Daegu, KOR, 700-440
Daesung Energy Co Ltd is engaged in manufacturing and distribution of gas and gaseous fuel. It receives natural gas from Korea Gas Corporation and supplies gas to residential, commercial and industrial use. The company also provides hybrid wind and solar systems such as SolaWin, Landfill Gas (LFG), Solid Refuse Fuel (SRF), and Community Energy System (CES).

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