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Liwanli Innovation Co (TPE:3054) Cyclically Adjusted Book per Share : NT$15.76 (As of Jun. 2024)


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What is Liwanli Innovation 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.

Liwanli Innovation Co's adjusted book value per share for the three months ended in Jun. 2024 was NT$9.754. 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$15.76 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Liwanli Innovation Co's average Cyclically Adjusted Book Growth Rate was -5.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.40% 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 Liwanli Innovation Co was 1.00% per year. The lowest was 0.40% per year. And the median was 0.70% per year.

As of today (2024-09-21), Liwanli Innovation Co's current stock price is NT$21.80. Liwanli Innovation Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$15.76. Liwanli Innovation Co's Cyclically Adjusted PB Ratio of today is 1.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Liwanli Innovation Co was 1.94. The lowest was 1.11. And the median was 1.35.


Liwanli Innovation Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Liwanli Innovation 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.

Liwanli Innovation Co Cyclically Adjusted Book per Share Chart

Liwanli Innovation Co 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 16.18 15.85 16.40 16.69 16.03

Liwanli Innovation Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 16.61 16.42 16.03 15.96 15.76

Competitive Comparison of Liwanli Innovation Co's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Liwanli Innovation 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.


Liwanli Innovation Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Liwanli Innovation Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Liwanli Innovation 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, Liwanli Innovation Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=9.754/132.5538*132.5538
=9.754

Current CPI (Jun. 2024) = 132.5538.

Liwanli Innovation Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 15.719 100.428 20.747
201412 15.573 99.070 20.836
201503 15.600 99.621 20.757
201506 14.586 100.684 19.203
201509 14.072 100.392 18.580
201512 13.571 99.792 18.026
201603 13.732 100.470 18.117
201606 14.054 101.688 18.320
201609 14.730 101.861 19.168
201612 17.221 101.863 22.410
201703 18.694 102.862 24.090
201706 18.368 103.349 23.558
201709 18.708 104.136 23.813
201712 17.467 104.011 22.260
201803 18.352 105.290 23.104
201806 15.806 106.317 19.707
201809 12.024 106.507 14.965
201812 12.286 105.998 15.364
201903 12.089 107.251 14.941
201906 11.632 108.070 14.267
201909 11.648 108.329 14.253
201912 11.579 108.420 14.156
202003 11.327 108.902 13.787
202006 11.503 108.767 14.019
202009 11.367 109.815 13.721
202012 11.222 109.897 13.536
202103 11.306 111.754 13.410
202106 12.606 114.631 14.577
202109 11.140 115.734 12.759
202112 11.128 117.630 12.540
202203 10.791 121.301 11.792
202206 9.929 125.017 10.528
202209 9.562 125.227 10.121
202212 9.490 125.222 10.046
202303 9.663 127.348 10.058
202306 9.787 128.729 10.078
202309 9.545 129.860 9.743
202312 9.715 129.419 9.950
202403 9.375 131.776 9.430
202406 9.754 132.554 9.754

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


Liwanli Innovation Co  (TPE:3054) 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.

Liwanli Innovation Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.80/15.76
=1.38

* 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 Liwanli Innovation Co was 1.94. The lowest was 1.11. And the median was 1.35.


Be Aware

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


Liwanli Innovation Co Cyclically Adjusted Book per Share Related Terms

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


Liwanli Innovation Co Business Description

Traded in Other Exchanges
N/A
Address
Liancheng Road,, 16Floor-1, No.258,, Zhonghe District, New Taipei City, TWN, 235
Liwanli Innovation Co Ltd is engaged in the manufacture, wholesale, and retail of electronic materials and sales of biotech products like drug nutrient products. The company earns maximum revenue from Biotech products.

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