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Korea Asset In Trust Co (XKRX:123890) Cyclically Adjusted Book per Share : ₩5,854.34 (As of Sep. 2024)


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What is Korea Asset In Trust 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.

Korea Asset In Trust Co's adjusted book value per share data for the fiscal year that ended in Dec. 2023 was ₩8,458.556. 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 ₩5,854.34 for the trailing ten years ended in Dec. 2023.

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 (2024-12-13), Korea Asset In Trust Co's current stock price is ₩ 2890.00. Korea Asset In Trust Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2023 was ₩5,854.34. Korea Asset In Trust Co's Cyclically Adjusted PB Ratio of today is 0.49.

During the past 10 years, the highest Cyclically Adjusted PB Ratio of Korea Asset In Trust Co was 0.60. The lowest was 0.49. And the median was 0.57.


Korea Asset In Trust Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Korea Asset In Trust 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.

Korea Asset In Trust Co Cyclically Adjusted Book per Share Chart

Korea Asset In Trust 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 - - - - 5,854.34

Korea Asset In Trust Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - 5,854.34 - - -

Competitive Comparison of Korea Asset In Trust Co's Cyclically Adjusted Book per Share

For the REIT - Diversified subindustry, Korea Asset In Trust 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.


Korea Asset In Trust Co's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Korea Asset In Trust Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Korea Asset In Trust Co's Cyclically Adjusted PB Ratio falls into.



Korea Asset In Trust 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, Korea Asset In Trust Co's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_Book=Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=8458.556/118.8477*118.8477
=8,458.556

Current CPI (Dec. 2023) = 118.8477.

Korea Asset In Trust Co Annual Data

Book Value per Share CPI Adj_Book
201412 2,287.063 99.098 2,742.862
201512 2,145.348 100.220 2,544.100
201612 3,657.006 101.560 4,279.507
201712 4,579.629 102.990 5,284.769
201812 5,331.602 104.350 6,072.340
201912 5,942.801 105.120 6,718.876
202012 6,283.324 105.765 7,060.519
202112 6,940.275 109.676 7,520.631
202212 7,619.969 115.200 7,861.235
202312 8,458.556 118.848 8,458.556

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


Korea Asset In Trust Co  (XKRX:123890) 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.

Korea Asset In Trust Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2890.00/5854.34
=0.49

* 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 10 years, the highest Cyclically Adjusted PB Ratio of Korea Asset In Trust Co was 0.60. The lowest was 0.49. And the median was 0.57.


Be Aware

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


Korea Asset In Trust Co Cyclically Adjusted Book per Share Related Terms

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


Korea Asset In Trust Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
306 Teheran-ro, Gangnam-gu, Yeoksam-dong, kite Tower, Seoul, KOR
Korea Asset In Trust Co Ltd is a Korea based real estate trust company. It is engaged in providing real estate services, mortgage services, and project finance services. In addition to real estate services the company also conducts asset management of real estate investment companies and asset management of the project finance investment companies.

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