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Liton Technology (ROCO:6175) Cyclically Adjusted Book per Share : NT$21.24 (As of Mar. 2025)


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What is Liton 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.

Liton Technology's adjusted book value per share for the three months ended in Mar. 2025 was NT$27.016. 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$21.24 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Liton Technology's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.40% 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 Liton Technology was 7.40% per year. The lowest was 6.30% per year. And the median was 6.30% per year.

As of today (2025-05-31), Liton Technology's current stock price is NT$35.25. Liton Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$21.24. Liton Technology's Cyclically Adjusted PB Ratio of today is 1.66.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Liton Technology was 3.24. The lowest was 0.83. And the median was 1.89.


Liton Technology Cyclically Adjusted Book per Share Historical Data

The historical data trend for Liton 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.

Liton Technology Cyclically Adjusted Book per Share Chart

Liton Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.85 17.28 18.71 19.66 20.78

Liton Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 20.13 20.38 20.61 20.78 21.24

Competitive Comparison of Liton Technology's Cyclically Adjusted Book per Share

For the Aluminum subindustry, Liton 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.


Liton Technology's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Liton Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Liton 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, Liton Technology's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=27.016/134.9266*134.9266
=27.016

Current CPI (Mar. 2025) = 134.9266.

Liton Technology Quarterly Data

Book Value per Share CPI Adj_Book
201506 14.320 100.684 19.190
201509 15.269 100.392 20.522
201512 14.880 99.792 20.119
201603 14.895 100.470 20.003
201606 14.314 101.688 18.993
201609 14.120 101.861 18.704
201612 14.229 101.863 18.848
201703 13.816 102.862 18.123
201706 13.943 103.349 18.203
201709 15.634 104.136 20.257
201712 16.144 104.011 20.943
201803 16.902 105.290 21.660
201806 15.467 106.317 19.629
201809 15.607 106.507 19.772
201812 16.105 105.998 20.500
201903 16.910 107.251 21.274
201906 15.334 108.070 19.145
201909 14.910 108.329 18.571
201912 14.987 108.420 18.651
202003 15.127 108.902 18.742
202006 14.813 108.767 18.376
202009 15.778 109.815 19.386
202012 16.566 109.897 20.339
202103 18.324 111.754 22.123
202106 19.434 114.631 22.875
202109 18.881 115.734 22.012
202112 19.745 117.630 22.648
202203 21.485 121.301 23.898
202206 20.590 125.017 22.222
202209 21.696 125.227 23.377
202212 21.995 125.222 23.700
202303 22.532 127.348 23.873
202306 20.681 128.729 21.677
202309 21.979 129.860 22.837
202312 21.905 129.419 22.837
202403 23.052 131.776 23.603
202406 22.970 132.554 23.381
202409 25.230 133.029 25.590
202412 25.683 133.157 26.024
202503 27.016 134.927 27.016

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


Liton Technology  (ROCO:6175) 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.

Liton Technology's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.25/21.24
=1.66

* 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 Liton Technology was 3.24. The lowest was 0.83. And the median was 1.89.


Be Aware

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


Liton Technology Cyclically Adjusted Book per Share Related Terms

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


Liton Technology Business Description

Traded in Other Exchanges
N/A
Address
9,Chung Lung 2Road, Chung-Hsing Industrial Zone, Tung-Lo Town, Miao-Li County, Hsinchu, TWN
Liton Technology Corp is a manufacturing company of etched and formed aluminum foils. It manufactures and markets aluminum foils, low-voltage formed aluminum foils and middle and high-voltage etched aluminum foils, liquid electrolytes,s and other related materials for aluminum electrolytic capacitors.

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