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YG Entertainment (XKRX:122870) Cyclically Adjusted Book per Share : ₩20,687.40 (As of Mar. 2024)


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What is YG Entertainment 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.

YG Entertainment's adjusted book value per share for the three months ended in Mar. 2024 was ₩24,838.782. 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 ₩20,687.40 for the trailing ten years ended in Mar. 2024.

During the past 12 months, YG Entertainment's average Cyclically Adjusted Book Growth Rate was 10.10% 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), YG Entertainment's current stock price is ₩43650.00. YG Entertainment's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩20,687.40. YG Entertainment's Cyclically Adjusted PB Ratio of today is 2.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of YG Entertainment was 4.91. The lowest was 1.99. And the median was 3.15.


YG Entertainment Cyclically Adjusted Book per Share Historical Data

The historical data trend for YG Entertainment'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.

YG Entertainment Cyclically Adjusted Book per Share Chart

YG Entertainment 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 - - 16,030.70 18,205.90 20,317.20

YG Entertainment 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 18,787.90 19,264.40 19,973.20 20,317.20 20,687.40

Competitive Comparison of YG Entertainment's Cyclically Adjusted Book per Share

For the Entertainment subindustry, YG Entertainment'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.


YG Entertainment's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, YG Entertainment's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



YG Entertainment 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, YG Entertainment'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)
=24838.782/118.8477*118.8477
=24,838.782

Current CPI (Mar. 2024) = 118.8477.

YG Entertainment Quarterly Data

Book Value per Share CPI Adj_Book
201406 11,021.407 99.353 13,183.989
201409 11,615.005 99.608 13,858.492
201412 11,775.034 99.098 14,121.735
201503 12,305.874 99.720 14,666.314
201506 12,741.943 100.050 15,135.938
201509 13,257.197 100.110 15,738.561
201512 13,531.837 100.220 16,046.974
201603 13,695.777 100.560 16,186.472
201606 14,422.519 100.790 17,006.481
201609 17,092.614 101.460 20,021.859
201612 17,137.111 101.560 20,054.216
201703 17,529.503 102.850 20,256.112
201706 18,772.447 102.610 21,743.126
201709 19,055.891 103.490 21,883.745
201712 18,992.355 102.990 21,916.669
201803 19,020.984 104.100 21,715.660
201806 19,061.781 104.130 21,755.967
201809 19,138.547 105.650 21,529.317
201812 19,932.342 104.350 22,701.610
201903 20,431.361 104.490 23,238.781
201906 19,993.422 104.880 22,656.104
201909 19,727.179 105.200 22,286.405
201912 18,646.807 105.120 21,081.908
202003 18,478.922 105.540 20,808.958
202006 18,804.018 104.870 21,310.330
202009 18,973.175 106.200 21,232.752
202012 19,223.383 105.765 21,601.156
202103 21,260.791 107.357 23,536.345
202106 21,155.491 107.579 23,371.576
202109 21,050.842 108.759 23,003.517
202112 20,623.332 109.676 22,347.885
202203 20,366.344 111.806 21,649.084
202206 20,750.715 114.083 21,617.411
202209 21,516.839 114.831 22,269.423
202212 22,121.647 115.200 22,822.069
202303 23,247.321 116.550 23,705.707
202306 24,303.750 117.140 24,658.078
202309 24,833.859 119.111 24,778.921
202312 25,157.838 118.848 25,157.838
202403 24,838.782 118.848 24,838.782

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


YG Entertainment  (XKRX:122870) 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.

YG Entertainment's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=43650.00/20687.4
=2.11

* 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 YG Entertainment was 4.91. The lowest was 1.99. And the median was 3.15.


Be Aware

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


YG Entertainment Cyclically Adjusted Book per Share Related Terms

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


YG Entertainment (XKRX:122870) Business Description

Traded in Other Exchanges
N/A
Address
Hosung Building 349-10, Sangsu-Dong, Mapo-gu, Seoul, KOR, 109-819
YG Entertainment Inc is a talent development and production company. It is a management company and engages in music record production. The company has produced contemporary popular music such as Jeunesse, 1TYM, Seven, Big Bang, and 2NE1.

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