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Lemtech Holdings Co (TPE:4912) Cyclically Adjusted Book per Share : NT$43.60 (As of Mar. 2024)


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What is Lemtech Holdings 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.

Lemtech Holdings Co's adjusted book value per share for the three months ended in Mar. 2024 was NT$57.275. 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$43.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Lemtech Holdings Co's average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.40% 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 Lemtech Holdings Co was 14.40% per year. The lowest was 13.40% per year. And the median was 13.90% per year.

As of today (2024-05-17), Lemtech Holdings Co's current stock price is NT$119.00. Lemtech Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$43.60. Lemtech Holdings Co's Cyclically Adjusted PB Ratio of today is 2.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lemtech Holdings Co was 6.44. The lowest was 1.72. And the median was 3.02.


Lemtech Holdings Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lemtech Holdings 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.

Lemtech Holdings Co Cyclically Adjusted Book per Share Chart

Lemtech Holdings 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 26.31 28.14 33.45 38.39 42.17

Lemtech Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 39.59 40.64 41.68 42.17 43.60

Competitive Comparison of Lemtech Holdings Co's Cyclically Adjusted Book per Share

For the Metal Fabrication subindustry, Lemtech Holdings 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.


Lemtech Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lemtech Holdings Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lemtech Holdings 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, Lemtech Holdings Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=57.275/131.7762*131.7762
=57.275

Current CPI (Mar. 2024) = 131.7762.

Lemtech Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.724 100.560 28.468
201409 23.584 100.428 30.946
201412 26.424 99.070 35.148
201503 29.240 99.621 38.678
201506 27.157 100.684 35.543
201509 29.630 100.392 38.893
201512 29.878 99.792 39.454
201603 28.693 100.470 37.634
201606 24.906 101.688 32.275
201609 25.251 101.861 32.667
201612 25.598 101.863 33.115
201703 24.705 102.862 31.649
201706 23.436 103.349 29.882
201709 25.552 104.136 32.334
201712 27.038 104.011 34.256
201803 28.282 105.290 35.397
201806 26.822 106.317 33.245
201809 29.141 106.507 36.055
201812 34.053 105.998 42.335
201903 35.392 107.251 43.485
201906 34.243 108.070 41.755
201909 34.225 108.329 41.633
201912 35.787 108.420 43.496
202003 36.026 108.902 43.593
202006 34.671 108.767 42.005
202009 38.177 109.815 45.812
202012 44.318 109.897 53.141
202103 48.852 111.754 57.604
202106 49.388 114.631 56.775
202109 54.986 115.734 62.608
202112 49.233 117.630 55.154
202203 51.481 121.301 55.927
202206 51.299 125.017 54.073
202209 53.563 125.227 56.364
202212 52.843 125.222 55.609
202303 52.642 127.348 54.473
202306 51.554 128.729 52.774
202309 55.786 129.860 56.609
202312 54.910 129.419 55.910
202403 57.275 131.776 57.275

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


Lemtech Holdings Co  (TPE:4912) 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.

Lemtech Holdings Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=119.00/43.6
=2.73

* 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 Lemtech Holdings Co was 6.44. The lowest was 1.72. And the median was 3.02.


Be Aware

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


Lemtech Holdings Co Cyclically Adjusted Book per Share Related Terms

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


Lemtech Holdings Co (TPE:4912) Business Description

Traded in Other Exchanges
N/A
Address
No. 1, Wei Wang Street, Building E032, Shulin District, New Taipei, TWN
Lemtech Holdings Co Ltd. designs, manufactures and sells precision dies and metal stamping parts. The company develops metals for consumer electronics, auto parts, and building materials. Its operating segments include Research and Development Department in Taiwan, Manufacturing Department in China, and Others. The company generates maximum revenue from the Manufacturing Department in China. Geographically, it derives a majority of its revenue from Asia and also has a presence in the Americas and Europe. Its product includes Precision Metal Stamping, Stamping Tools, Heatsinks, Slide Rails, Precision Metal Hinges, and Mechanical Assemblies.

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