GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Lithium & Boron Technology Inc (OTCPK:LBTI) » Definitions » Cyclically Adjusted Book per Share

Lithium & Boron Technology (Lithium & Boron Technology) Cyclically Adjusted Book per Share : $0.00 (As of Jun. 2022)


View and export this data going back to 2007. Start your Free Trial

What is Lithium & Boron Technology 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.

Lithium & Boron Technology's adjusted book value per share for the three months ended in Jun. 2022 was $-0.013. 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 $0.00 for the trailing ten years ended in Jun. 2022.

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 (2024-05-15), Lithium & Boron Technology's current stock price is $0.0001. Lithium & Boron Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2022 was $0.00. Lithium & Boron Technology's Cyclically Adjusted PB Ratio of today is .


Lithium & Boron Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lithium & Boron Technology'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.

Lithium & Boron Technology Cyclically Adjusted Book per Share Chart

Lithium & Boron Technology Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Lithium & Boron Technology Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 - - - - -

Competitive Comparison of Lithium & Boron Technology's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Lithium & Boron Technology'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.


Lithium & Boron Technology's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lithium & Boron Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lithium & Boron Technology's Cyclically Adjusted PB Ratio falls into.



Lithium & Boron Technology 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, Lithium & Boron Technology's adjusted Book Value per Share data for the three months ended in Jun. 2022 was:

Adj_Book= Book Value per Share /CPI of Jun. 2022 (Change)*Current CPI (Jun. 2022)
=-0.013/114.5578*114.5578
=-0.013

Current CPI (Jun. 2022) = 114.5578.

Lithium & Boron Technology Quarterly Data

Book Value per Share CPI Adj_Book
201209 30.030 94.482 36.411
201212 18.926 95.237 22.766
201303 16.722 96.372 19.878
201306 15.311 95.984 18.274
201309 12.793 97.332 15.057
201312 5.731 97.624 6.725
201403 5.657 98.600 6.573
201406 5.727 98.200 6.681
201409 4.227 98.900 4.896
201412 3.722 99.000 4.307
201503 0.706 99.900 0.810
201506 0.391 99.500 0.450
201509 0.203 100.500 0.231
201512 -0.760 100.600 -0.865
201603 -1.119 102.200 -1.254
201606 -1.300 101.400 -1.469
201609 -1.648 102.400 -1.844
201612 -1.968 102.600 -2.197
201703 -1.787 103.200 -1.984
201706 -1.730 103.100 -1.922
201709 -1.933 104.100 -2.127
201712 -2.081 104.500 -2.281
201803 -2.115 105.300 -2.301
201806 -2.102 104.900 -2.296
201809 -2.066 106.600 -2.220
201812 -0.026 106.500 -0.028
201903 -0.027 107.700 -0.029
201906 -0.027 107.700 -0.029
201909 0.005 109.800 0.005
201912 0.013 111.200 0.013
202003 0.011 112.300 0.011
202006 0.011 110.400 0.011
202009 0.011 111.700 0.011
202012 0.012 111.500 0.012
202103 0.011 112.662 0.011
202106 0.013 111.769 0.013
202109 -0.005 112.215 -0.005
202112 -0.011 113.108 -0.011
202203 -0.012 114.335 -0.012
202206 -0.013 114.558 -0.013

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


Lithium & Boron Technology  (OTCPK:LBTI) 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.


Be Aware

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


Lithium & Boron Technology Cyclically Adjusted Book per Share Related Terms

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


Lithium & Boron Technology (Lithium & Boron Technology) Business Description

Traded in Other Exchanges
N/A
Address
60 East Ren-Min Road, Xai Xi County, Qing Hai Province, Da-Chai Dan, CHN, 817000
Lithium & Boron Technology Inc is a Chinese boric acid manufacturing company. The company through its holding manufactures and sells boric acid and related compounds for industrial and consumer use. It offers boric acid manufacturing facilities to produce lithium carbonate for the rapidly growing electric vehicle battery market in China.
Executives
Jimin Zhang 10 percent owner 33 DENG SHI DOU STREET, BEJING F4 100006
Ginko International Investment Co., Ltd 10 percent owner WICKHAMS CAY II, ROAD TOWN, TORTOLA D8 VG1110
Jian Zhang 10 percent owner 60 EAST REN-MIN ROAD, DA-CHAI-DAN TOWN, XAIXI COUNTY,QING HAI PROVINCE F4 813300
Mao Zhang director, 10 percent owner 60 EAST REN-MIN ROAD, DA-CHAI-DAN TOWN, XAIXI COUNTY,QING HAI PROVINCE F4 813300
Huajun Ai officer: Corporate Secretary C/O SMARTHEAT, A-1,10, STREET 7, SHENYANG F4 110027
Northtech Holdings Inc. 10 percent owner MILL MALL 6 WICKHAMS CAY1, P. O. BOX 3085 ROAD TOWN, TORTOLA D8 VG1110
Kenneth E. Scipta director 4045 CENTER POINTE PLACE, SARASOTA FL 34233
Michael Wilhelm officer: Chief Financial Officer 6529 N. OSHKOSH AVENUE, CHICAGO IL 60631
Oliver Bialowons director, officer: President SCHREIBERSTR 38, STUTTGART 2M 70199
Qingtai Kong director A-1,10,STREET 7,SHENYANG ECON&TECH ZONE, C/O SMARTHEAT INC., SHENYANG F4 110141
Xudong Wang officer: VP of Strategy and Development C/O SMARTHEAT INC, A-1 TO ST 7 SHENYANG ECO & TECH DEV ZONE, SHENYANG F4 110027
Xin Li director C/O SMARTHEAT INC, A-1 10 STREET 7, SHENYANG F4 110027
Arnold Staloff director 1605 MAYFLOWER LANE, CHERRY HILL NJ 08003
Fredric W Rittereiser director C/O UTTC 1900 MARKET ST, STE 701, PHILADELPHIA PA 19103
Wenbin Lin director C/O SMARTHEAT,A-1,10, STREET 7, SHENYANG ECON & TECH DEV. ZONE, SHENYANG F4 110027

Lithium & Boron Technology (Lithium & Boron Technology) Headlines