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Laser Tek Taiwan Co (ROCO:6207) Cyclically Adjusted Book per Share : NT$23.71 (As of Mar. 2025)


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What is Laser Tek Taiwan 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.

Laser Tek Taiwan Co's adjusted book value per share for the three months ended in Mar. 2025 was NT$24.097. 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$23.71 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Laser Tek Taiwan Co's average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Laser Tek Taiwan Co was 5.90% per year. The lowest was 5.00% per year. And the median was 5.10% per year.

As of today (2025-05-29), Laser Tek Taiwan Co's current stock price is NT$39.80. Laser Tek Taiwan Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$23.71. Laser Tek Taiwan Co's Cyclically Adjusted PB Ratio of today is 1.68.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Laser Tek Taiwan Co was 3.70. The lowest was 0.97. And the median was 1.49.


Laser Tek Taiwan Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Laser Tek Taiwan 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.

Laser Tek Taiwan Co Cyclically Adjusted Book per Share Chart

Laser Tek Taiwan Co 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 18.97 20.25 21.69 22.56 23.43

Laser Tek Taiwan Co 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 23.02 23.26 23.40 23.43 23.71

Competitive Comparison of Laser Tek Taiwan Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Laser Tek Taiwan 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.


Laser Tek Taiwan Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Laser Tek Taiwan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Laser Tek Taiwan Co's Cyclically Adjusted PB Ratio falls into.


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Laser Tek Taiwan 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, Laser Tek Taiwan Co'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)
=24.097/134.9266*134.9266
=24.097

Current CPI (Mar. 2025) = 134.9266.

Laser Tek Taiwan Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 17.153 100.684 22.987
201509 19.487 100.392 26.191
201512 19.158 99.792 25.903
201603 19.178 100.470 25.755
201606 16.908 101.688 22.435
201609 16.645 101.861 22.048
201612 17.896 101.863 23.705
201703 17.429 102.862 22.862
201706 16.831 103.349 21.974
201709 17.614 104.136 22.822
201712 18.078 104.011 23.451
201803 18.467 105.290 23.665
201806 19.058 106.317 24.186
201809 20.028 106.507 25.372
201812 21.032 105.998 26.772
201903 21.910 107.251 27.564
201906 19.374 108.070 24.189
201909 19.285 108.329 24.020
201912 19.387 108.420 24.127
202003 19.067 108.902 23.624
202006 18.345 108.767 22.757
202009 18.431 109.815 22.646
202012 18.459 109.897 22.663
202103 18.736 111.754 22.621
202106 18.921 114.631 22.271
202109 18.316 115.734 21.353
202112 19.348 117.630 22.193
202203 20.664 121.301 22.985
202206 20.410 125.017 22.028
202209 22.992 125.227 24.773
202212 21.203 125.222 22.846
202303 20.759 127.348 21.994
202306 21.738 128.729 22.785
202309 23.434 129.860 24.348
202312 22.595 129.419 23.556
202403 23.644 131.776 24.209
202406 24.401 132.554 24.838
202409 24.110 133.029 24.454
202412 24.912 133.157 25.243
202503 24.097 134.927 24.097

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


Laser Tek Taiwan Co  (ROCO:6207) 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.

Laser Tek Taiwan Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=39.80/23.71
=1.68

* 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 Laser Tek Taiwan Co was 3.70. The lowest was 0.97. And the median was 1.49.


Be Aware

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


Laser Tek Taiwan Co Cyclically Adjusted Book per Share Related Terms

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


Laser Tek Taiwan Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Shin-Sheng Road, NO. 248-39, Chien-Zhen District, Kaohsiung, TWN, 806
Laser Tek Taiwan Co Ltd is engaged in the processing of surface mount devices (SMD), surface mount technology (SMT) equipment, enterprise intelligent information systems, and laser precision, the manufacturing, processing, and sales of laser trimming machines, the design, and sales of the testing probe cards and the manufacturing and processing of printing materials. It operates geographically in Taiwan and China. It generates the majority of its revenue from the Equipment segment, and Geographically from Taiwan.

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