Lihtai Construction & Development Co (ROCO:5520) Cyclically Adjusted Book per Share: NT$40.25 (As of Jun. 2026)

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ROCO:5520 Lihtai Construction & Development Co Ltd ROCO:5520
92 GF Score
Price NT$82.80
GF Value NT$84.61
Valuation Fairly Valued
! 2 Warning Signs
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What is Lihtai Construction & Development Co Cyclically Adjusted Book per Share?

Lihtai Construction & Development Co ROCO:5520 92 Cyclically Adjusted Book per Share is NT$40.25 as of Jun. 2026. GuruFocus rates ROCO:5520 with a GF Score™ of 92/100 and a GF Value™ of NT$84.61 (Fairly Valued). The stock has 2 warning signs investors should review.

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.

Lihtai Construction & Development Co's adjusted book value per share for the three months ended in Jun. 2026 was NT$54.800. 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 NT$40.25 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Lihtai Construction & Development Co's average Cyclically Adjusted Book Growth Rate was 7.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Lihtai Construction & Development Co was 6.20% per year. The lowest was 4.90% per year. And the median was 5.35% per year.

As of today (2026-09-05), Lihtai Construction & Development Co's current stock price is NT$82.80. Lihtai Construction & Development Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was NT$40.25. Lihtai Construction & Development Co's Cyclically Adjusted PB Ratio of today is 2.06.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lihtai Construction & Development Co was 2.58. The lowest was 1.02. And the median was 1.77.


Lihtai Construction & Development Co  (ROCO:5520) 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.

Lihtai Construction & Development Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=82.80/40.25
=2.06

* 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 Lihtai Construction & Development Co was 2.58. The lowest was 1.02. And the median was 1.77.


Be Aware

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


Lihtai Construction & Development Co Cyclically Adjusted Book per Share Related Terms


Lihtai Construction & Development Co Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Lihtai Construction & Development 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.

Lihtai Construction & Development Co Cyclically Adjusted Book per Share Chart

Lihtai Construction & Development Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.15 33.26 34.57 36.30 38.35

Lihtai Construction & Development Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 37.51 38.07 38.35 39.32 40.25

ROCO:5520 vs CRH, MLM, VMC: Cyclically Adjusted Book per Share Comparison

For the Building Materials subindustry, Lihtai Construction & Development 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.


Lihtai Construction & Development Co Cyclically Adjusted PB Ratio vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Lihtai Construction & Development Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lihtai Construction & Development Co's Cyclically Adjusted PB Ratio falls into.


ROCO:5520
92GF Score
Lihtai Construction & Development Co Ltd ROCO:5520
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lihtai Construction & Development 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, Lihtai Construction & Development Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=54.8/333.9520*333.9520
=54.800

Current CPI (Jun. 2026) = 333.9520.

Lihtai Construction & Development Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 26.022 241.428 35.995
201612 26.371 241.432 36.477
201703 26.926 243.801 36.883
201706 25.505 244.955 34.771
201709 25.839 246.819 34.961
201712 25.966 246.524 35.175
201803 26.186 249.554 35.042
201806 25.172 251.989 33.360
201809 28.082 252.439 37.150
201812 28.407 251.233 37.760
201903 28.599 254.202 37.571
201906 27.925 256.143 36.408
201909 28.463 256.759 37.020
201912 29.336 256.974 38.124
202003 30.256 258.115 39.146
202006 29.522 257.797 38.243
202009 30.826 260.280 39.551
202012 32.189 260.474 41.269
202103 33.539 264.877 42.285
202106 31.345 271.696 38.527
202109 32.958 274.310 40.124
202112 34.307 278.802 41.093
202203 32.093 287.504 37.278
202206 33.169 296.311 37.383
202209 34.958 296.808 39.333
202212 36.192 296.797 40.723
202303 33.975 301.836 37.590
202306 35.780 305.109 39.162
202309 38.049 307.789 41.283
202312 40.032 306.746 43.583
202403 37.439 312.332 40.031
202406 40.373 314.175 42.914
202409 42.758 315.301 45.287
202412 44.947 315.605 47.560
202503 41.473 319.799 43.308
202506 44.422 322.561 45.991
202509 47.177 324.800 48.506
202512 50.070 324.054 51.599
202603 46.351 330.213 46.876
202606 54.800 333.952 54.800

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

What does a Cyclically Adjusted Book per Share of NT$40.25 mean?
Lihtai Construction & Development Co (ROCO:5520) has a Cyclically Adjusted Book per Share of NT$40.25 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Lihtai Construction & Development Co and its competitors.
Is Lihtai Construction & Development Co's Cyclically Adjusted Book per Share too high?
Lihtai Construction & Development Co's current Cyclically Adjusted Book per Share is NT$40.25. Overall, Lihtai Construction & Development Co has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Lihtai Construction & Development Co's Cyclically Adjusted Book per Share compare to CRH and MLM?
Lihtai Construction & Development Co's Cyclically Adjusted Book per Share of NT$40.25 can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Building Materials company?
A good Cyclically Adjusted Book per Share depends on the Building Materials industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Lihtai Construction & Development Co and its competitors. Lihtai Construction & Development Co's current Cyclically Adjusted Book per Share is NT$40.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lihtai Construction & Development Co stock overvalued right now?
Based on GuruFocus' analysis, Lihtai Construction & Development Co (ROCO:5520) is currently considered Fairly Valued. The stock's GF Value™ is NT$84.61, compared to a current price of NT$82.80 — trading 2.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is NT$40.25. Lihtai Construction & Development Co's overall GF Score™ is 92/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Lihtai Construction & Development Co (ROCO:5520), the current Cyclically Adjusted Book per Share is NT$40.25 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Lihtai Construction & Development Co (ROCO:5520) Overvalued in 2026?

Based on GuruFocus' analysis, Lihtai Construction & Development Co stock appears to be undervalued. The current stock price of NT$82.80 is trading 2.1% below its estimated GF Value™ of NT$84.61. GuruFocus considers Lihtai Construction & Development Co to be Fairly Valued.

Key valuation signals for ROCO:5520:

  • Cyclically Adjusted Book per Share: NT$40.25
  • GF Value™: NT$84.61 vs. price of NT$82.80 (2.1% below fair value)
  • GF Score™: 92/100 with 2 warning signs

No single metric tells the full story. See the ROCO:5520 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Lihtai Construction & Development Co Business Description

Address No. 7, Section 7, Yanping North Road, Shilin District, Taipei, TWN
Lihtai Construction & Development Co Ltd is engaged in the manufacture and distribution of pre-mix concrete and other concrete products in Taiwan. Its products are used for various properties, roads, bridges, and other construction projects.
92GF Score

Get the complete analysis for ROCO:5520

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$82.80
Price
NT$84.61
GF Value