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Liquidmetal Technologies (Liquidmetal Technologies) Cyclically Adjusted Book per Share : $0.04 (As of Dec. 2023)


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What is Liquidmetal Technologies 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.

Liquidmetal Technologies's adjusted book value per share for the three months ended in Dec. 2023 was $0.033. 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 $0.04 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Liquidmetal Technologies was 43.90% per year. The lowest was -68.10% per year. And the median was 11.90% per year.

As of today (2024-04-30), Liquidmetal Technologies's current stock price is $0.06145. Liquidmetal Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.04. Liquidmetal Technologies's Cyclically Adjusted PB Ratio of today is 1.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Liquidmetal Technologies was 9.43. The lowest was 1.20. And the median was 2.61.


Liquidmetal Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Liquidmetal Technologies'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.

Liquidmetal Technologies Cyclically Adjusted Book per Share Chart

Liquidmetal Technologies 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 -0.03 - 0.03 0.04 0.04

Liquidmetal Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.04 0.04 0.04 0.04 0.04

Competitive Comparison of Liquidmetal Technologies's Cyclically Adjusted Book per Share

For the Metal Fabrication subindustry, Liquidmetal Technologies'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.


Liquidmetal Technologies's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Liquidmetal Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Liquidmetal Technologies 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, Liquidmetal Technologies's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.033/129.4194*129.4194
=0.033

Current CPI (Dec. 2023) = 129.4194.

Liquidmetal Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.001 99.695 0.001
201406 0.016 100.560 0.021
201409 0.016 100.428 0.021
201412 0.019 99.070 0.025
201503 0.014 99.621 0.018
201506 0.012 100.684 0.015
201509 0.012 100.392 0.015
201512 0.009 99.792 0.012
201603 0.005 100.470 0.006
201606 0.009 101.688 0.011
201609 0.006 101.861 0.008
201612 0.062 101.863 0.079
201703 0.062 102.862 0.078
201706 0.059 103.349 0.074
201709 0.055 104.136 0.068
201712 0.057 104.011 0.071
201803 0.054 105.290 0.066
201806 0.053 106.317 0.065
201809 0.051 106.507 0.062
201812 0.051 105.998 0.062
201903 0.049 107.251 0.059
201906 0.046 108.070 0.055
201909 0.044 108.329 0.053
201912 0.043 108.420 0.051
202003 0.043 108.902 0.051
202006 0.042 108.767 0.050
202009 0.041 109.815 0.048
202012 0.041 109.897 0.048
202103 0.040 111.754 0.046
202106 0.040 114.631 0.045
202109 0.038 115.734 0.042
202112 0.038 117.630 0.042
202203 0.037 121.301 0.039
202206 0.036 125.017 0.037
202209 0.035 125.227 0.036
202212 0.035 125.222 0.036
202303 0.035 127.348 0.036
202306 0.034 128.729 0.034
202309 0.034 129.860 0.034
202312 0.033 129.419 0.033

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


Liquidmetal Technologies  (OTCPK:LQMT) 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.

Liquidmetal Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.06145/0.04
=1.54

* 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 Liquidmetal Technologies was 9.43. The lowest was 1.20. And the median was 2.61.


Be Aware

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


Liquidmetal Technologies Cyclically Adjusted Book per Share Related Terms

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


Liquidmetal Technologies (Liquidmetal Technologies) Business Description

Traded in Other Exchanges
N/A
Address
20321 Valencia Circle, Lake Forest, CA, USA, 92630
Liquidmetal Technologies Inc is a materials technology and manufacturing company that develops and commercializes products made from amorphous alloys. The alloys consist of a variety of proprietary bulk alloys and composites that utilize the advantages offered by amorphous alloy technology. Its product application spreads across various industries which include aerospace components, defense parts, medical devices, sporting goods, leisure products, automotive components, and industrial machines.
Executives
Tony Chung officer: Vice President of Finance 25800 COMMERCENTRE DRIVE, SUITE 100, LAKE FOREST CA 92630
Bryce Van officer: Vice President of Finance LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Paul A Hauck officer: VP-Worldwide Sales & Marketing 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Isaac Bresnick director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Vincent Carrubba director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Lugee Li Yeung Tak director, 10 percent owner 8 FLEMING ROAD, ROOM 906, TAI TUNG BUILDING, WANCHAI K3 999077
Liquidmetal Technology Ltd 10 percent owner 8 FLEMING ROAD, ROOM 906, TAI TUNG BUILDING, WANCHAI K3 999077
Walter Eugen Weyler director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Norden, Llc 10 percent owner 5641 NORTH BROADWAY, DENVER CO 80216
Thomas W Steipp director, officer: President and CEO
Mark S Hansen director 4551 W 107TH STREET, SUITE 100, OVERLAND PARK KS 66207
Richard W Sevcik director C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Bruce Bromage officer: EVP-Business Development C/O LIQUIDMETAL TECHNOLOGIES, INC., 30452 ESPERANZA, RANCHO SANTA MARGARITA CA 92688
Robert Howard Anderson director
Barney D Visser 10 percent owner

Liquidmetal Technologies (Liquidmetal Technologies) Headlines

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