GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » DGB Financial Group Co Ltd (XKRX:139130) » Definitions » Cyclically Adjusted Book per Share

DGB Financial Group Co (XKRX:139130) Cyclically Adjusted Book per Share : ₩29,736.60 (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is DGB Financial Group 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.

DGB Financial Group Co's adjusted book value per share for the three months ended in Mar. 2024 was ₩35,274.278. 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 ₩29,736.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DGB Financial Group Co's average Cyclically Adjusted Book Growth Rate was 6.60% 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 (2024-06-01), DGB Financial Group Co's current stock price is ₩8240.00. DGB Financial Group Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₩29,736.60. DGB Financial Group Co's Cyclically Adjusted PB Ratio of today is 0.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DGB Financial Group Co was 0.44. The lowest was 0.25. And the median was 0.29.


DGB Financial Group Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for DGB Financial Group 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.

DGB Financial Group Co Cyclically Adjusted Book per Share Chart

DGB Financial Group 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 - - 24,880.00 27,293.90 29,435.20

DGB Financial Group 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 27,907.90 28,380.70 29,187.10 29,435.20 29,736.60

Competitive Comparison of DGB Financial Group Co's Cyclically Adjusted Book per Share

For the Banks - Regional subindustry, DGB Financial Group 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.


DGB Financial Group Co's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, DGB Financial Group Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where DGB Financial Group Co's Cyclically Adjusted PB Ratio falls into.



DGB Financial Group 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, DGB Financial Group 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)
=35274.278/118.8477*118.8477
=35,274.278

Current CPI (Mar. 2024) = 118.8477.

DGB Financial Group Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 19,978.974 99.353 23,899.179
201409 20,576.193 99.608 24,550.570
201412 21,797.237 99.098 26,141.309
201503 19,688.065 99.720 23,464.513
201506 20,090.461 100.050 23,865.118
201509 20,619.866 100.110 24,479.309
201512 20,624.512 100.220 24,457.951
201603 20,988.171 100.560 24,805.050
201606 21,614.019 100.790 25,486.422
201609 21,974.548 101.460 25,740.435
201612 21,772.540 101.560 25,478.695
201703 22,037.196 102.850 25,464.950
201706 22,605.431 102.610 26,182.667
201709 22,994.410 103.490 26,406.732
201712 23,087.751 102.990 26,642.646
201803 23,882.643 104.100 27,266.063
201806 24,564.607 104.130 28,036.560
201809 25,096.477 105.650 28,231.506
201812 25,640.216 104.350 29,202.498
201903 26,061.341 104.490 29,642.362
201906 26,766.620 104.880 30,331.343
201909 27,242.318 105.200 30,776.491
201912 27,173.354 105.120 30,721.943
202003 28,106.370 105.540 31,650.345
202006 28,735.220 104.870 32,565.222
202009 29,563.414 106.200 33,084.216
202012 29,283.246 105.765 32,905.340
202103 30,053.602 107.357 33,270.256
202106 30,949.482 107.579 34,191.510
202109 32,240.502 108.759 35,231.130
202112 32,507.094 109.676 35,225.384
202203 31,710.872 111.806 33,708.128
202206 31,270.849 114.083 32,576.940
202209 31,356.348 114.831 32,453.084
202212 32,977.555 115.200 34,021.699
202303 33,508.616 116.550 34,169.332
202306 35,401.245 117.140 35,917.365
202309 36,274.343 119.111 36,194.096
202312 35,751.326 118.848 35,751.326
202403 35,274.278 118.848 35,274.278

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


DGB Financial Group Co  (XKRX:139130) 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.

DGB Financial Group Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8240.00/29736.6
=0.28

* 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 DGB Financial Group Co was 0.44. The lowest was 0.25. And the median was 0.29.


Be Aware

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


DGB Financial Group Co Cyclically Adjusted Book per Share Related Terms

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


DGB Financial Group Co (XKRX:139130) Business Description

Traded in Other Exchanges
N/A
Address
111 Oksanro, Buk-gu, 2-Ga, Suseong-gu, Daegu, KOR, 706-712
DGB Financial Group Co Ltd is a Korea-based financial service provider. The company is engaged in the bank business, including deposit, loan, foreign currency exchange, credit card, insurance trust and other related services. It also provides traffic cards, leasing and financing services and information technology services.

DGB Financial Group Co (XKRX:139130) Headlines

No Headlines