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Lens Technology Co (SZSE:300433) Cyclically Adjusted Book per Share : ¥6.51 (As of Mar. 2025)


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What is Lens Technology 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.

Lens Technology Co's adjusted book value per share for the three months ended in Mar. 2025 was ¥9.853. 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 ¥6.51 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Lens Technology Co's average Cyclically Adjusted Book Growth Rate was 10.30% 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.

As of today (2025-05-22), Lens Technology Co's current stock price is ¥21.15. Lens Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥6.51. Lens Technology Co's Cyclically Adjusted PB Ratio of today is 3.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lens Technology Co was 4.58. The lowest was 1.81. And the median was 2.50.


Lens Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lens Technology 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.

Lens Technology Co Cyclically Adjusted Book per Share Chart

Lens Technology 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 - - - 5.79 6.33

Lens Technology 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 5.90 6.05 6.19 6.33 6.51

Competitive Comparison of Lens Technology Co's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Lens Technology 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.


Lens Technology Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Lens Technology 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, Lens Technology 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)
=9.853/115.1156*115.1156
=9.853

Current CPI (Mar. 2025) = 115.1156.

Lens Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.642 99.500 3.057
201509 2.744 100.500 3.143
201512 2.867 100.600 3.281
201603 2.915 102.200 3.283
201606 3.323 101.400 3.772
201609 3.468 102.400 3.899
201612 3.566 102.600 4.001
201703 3.624 103.200 4.042
201706 3.598 103.100 4.017
201709 3.738 104.100 4.134
201712 4.242 104.500 4.673
201803 4.285 105.300 4.684
201806 4.224 104.900 4.635
201809 4.392 106.600 4.743
201812 4.343 106.500 4.694
201903 4.315 107.700 4.612
201906 4.264 107.700 4.558
201909 4.595 109.800 4.817
201912 5.260 111.200 5.445
202003 5.569 112.300 5.709
202006 5.551 110.400 5.788
202009 5.889 111.700 6.069
202012 9.622 111.500 9.934
202103 8.727 112.662 8.917
202106 8.615 111.769 8.873
202109 8.817 112.215 9.045
202112 8.572 113.108 8.724
202203 8.438 114.335 8.496
202206 8.321 114.558 8.362
202209 8.543 115.339 8.526
202212 8.882 115.116 8.882
202303 8.894 115.116 8.894
202306 8.814 114.558 8.857
202309 9.017 115.339 9.000
202312 9.299 114.781 9.326
202403 9.367 115.227 9.358
202406 9.181 114.781 9.208
202409 9.494 115.785 9.439
202412 9.765 114.893 9.784
202503 9.853 115.116 9.853

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


Lens Technology Co  (SZSE:300433) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.15/6.51
=3.25

* 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 Lens Technology Co was 4.58. The lowest was 1.81. And the median was 2.50.


Be Aware

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


Lens Technology Co Cyclically Adjusted Book per Share Related Terms

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


Lens Technology Co Business Description

Industry
Traded in Other Exchanges
N/A
Address
Liuyang Biomedical Park, Changsha, CHN, 410311
Lens Technology Co Ltd is engaged in Research & Development and manufacturing of functional windows and exterior protection components for consumer electronics products.
Executives
Zhou Xin Yi Director
Cai Xin Feng Executives
Zhong Zhen Zhuo Secretary Dong
Zhou Qun Fei Directors, executives
Zhou Tian Shu Securities Affairs Representative
Li Xiao Ming Executives
Peng Meng Wu Secretary Dong
Chen Xiao Qun Supervisors
Liu Shu Guang Executives
Kuang Hong Feng Supervisors
Liu Wei Executives
Xiao Qian Feng Supervisors
Rao Qiao Bing Executives
Rao Yu Lei Independent director

Lens Technology Co Headlines

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