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The historical data trend for Lithium & Boron Technology's Cyclically Adjusted PB Ratio 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.
Lithium & Boron Technology Annual Data | |||||||||||||||||||||
Trend | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | |||||||||||
Cyclically Adjusted PB Ratio | Get a 7-Day Free Trial | - | - | - | - | - |
Lithium & Boron Technology Quarterly Data | ||||||||||||||||||||
Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | |
Cyclically Adjusted PB Ratio | Get a 7-Day Free Trial | - | - | - | - | - |
For the Chemicals subindustry, Lithium & Boron 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.
For the Chemicals industry and Basic Materials sector, Lithium & Boron Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Lithium & Boron Technology's Cyclically Adjusted PB Ratio falls into.
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
Lithium & Boron Technology's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2022 is calculated as:
For example, Lithium & Boron Technology's adjusted Book Value per Share data for the three months ended in Jun. 2022 was:
Adj_Book | = | Book Value per Share | / | CPI of Jun. 2022 (Change) | * | Current CPI (Jun. 2022) |
= | -0.013 | / | 114.5578 | * | 114.5578 | |
= | -0.013 |
Current CPI (Jun. 2022) = 114.5578.
Lithium & Boron Technology Quarterly Data
Book Value per Share | CPI | Adj_Book | |
201209 | 30.030 | 94.482 | 36.411 |
201212 | 18.926 | 95.237 | 22.766 |
201303 | 16.722 | 96.372 | 19.878 |
201306 | 15.311 | 95.984 | 18.274 |
201309 | 12.793 | 97.332 | 15.057 |
201312 | 5.731 | 97.624 | 6.725 |
201403 | 5.657 | 98.600 | 6.573 |
201406 | 5.727 | 98.200 | 6.681 |
201409 | 4.227 | 98.900 | 4.896 |
201412 | 3.722 | 99.000 | 4.307 |
201503 | 0.706 | 99.900 | 0.810 |
201506 | 0.391 | 99.500 | 0.450 |
201509 | 0.203 | 100.500 | 0.231 |
201512 | -0.760 | 100.600 | -0.865 |
201603 | -1.119 | 102.200 | -1.254 |
201606 | -1.300 | 101.400 | -1.469 |
201609 | -1.648 | 102.400 | -1.844 |
201612 | -1.968 | 102.600 | -2.197 |
201703 | -1.787 | 103.200 | -1.984 |
201706 | -1.730 | 103.100 | -1.922 |
201709 | -1.933 | 104.100 | -2.127 |
201712 | -2.081 | 104.500 | -2.281 |
201803 | -2.115 | 105.300 | -2.301 |
201806 | -2.102 | 104.900 | -2.296 |
201809 | -2.066 | 106.600 | -2.220 |
201812 | -0.026 | 106.500 | -0.028 |
201903 | -0.027 | 107.700 | -0.029 |
201906 | -0.027 | 107.700 | -0.029 |
201909 | 0.005 | 109.800 | 0.005 |
201912 | 0.013 | 111.200 | 0.013 |
202003 | 0.011 | 112.300 | 0.011 |
202006 | 0.011 | 110.400 | 0.011 |
202009 | 0.011 | 111.700 | 0.011 |
202012 | 0.012 | 111.500 | 0.012 |
202103 | 0.011 | 112.662 | 0.011 |
202106 | 0.013 | 111.769 | 0.013 |
202109 | -0.005 | 112.215 | -0.005 |
202112 | -0.011 | 113.108 | -0.011 |
202203 | -0.012 | 114.335 | -0.012 |
202206 | -0.013 | 114.558 | -0.013 |
Add all the adjusted book value per share together and divide the count will get our 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.
Lithium & Boron Technology (OTCPK:LBTI) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
Thank you for viewing the detailed overview of Lithium & Boron Technology's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Jimin Zhang | 10 percent owner | 33 DENG SHI DOU STREET, BEJING F4 100006 |
Ginko International Investment Co., Ltd | 10 percent owner | WICKHAMS CAY II, ROAD TOWN, TORTOLA D8 VG1110 |
Jian Zhang | 10 percent owner | 60 EAST REN-MIN ROAD, DA-CHAI-DAN TOWN, XAIXI COUNTY,QING HAI PROVINCE F4 813300 |
Mao Zhang | director, 10 percent owner | 60 EAST REN-MIN ROAD, DA-CHAI-DAN TOWN, XAIXI COUNTY,QING HAI PROVINCE F4 813300 |
Huajun Ai | officer: Corporate Secretary | C/O SMARTHEAT, A-1,10, STREET 7, SHENYANG F4 110027 |
Northtech Holdings Inc. | 10 percent owner | MILL MALL 6 WICKHAMS CAY1, P. O. BOX 3085 ROAD TOWN, TORTOLA D8 VG1110 |
Kenneth E. Scipta | director | 4045 CENTER POINTE PLACE, SARASOTA FL 34233 |
Michael Wilhelm | officer: Chief Financial Officer | 6529 N. OSHKOSH AVENUE, CHICAGO IL 60631 |
Oliver Bialowons | director, officer: President | SCHREIBERSTR 38, STUTTGART 2M 70199 |
Qingtai Kong | director | A-1,10,STREET 7,SHENYANG ECON&TECH ZONE, C/O SMARTHEAT INC., SHENYANG F4 110141 |
Xudong Wang | officer: VP of Strategy and Development | C/O SMARTHEAT INC, A-1 TO ST 7 SHENYANG ECO & TECH DEV ZONE, SHENYANG F4 110027 |
Xin Li | director | C/O SMARTHEAT INC, A-1 10 STREET 7, SHENYANG F4 110027 |
Arnold Staloff | director | 1605 MAYFLOWER LANE, CHERRY HILL NJ 08003 |
Fredric W Rittereiser | director | C/O UTTC 1900 MARKET ST, STE 701, PHILADELPHIA PA 19103 |
Wenbin Lin | director | C/O SMARTHEAT,A-1,10, STREET 7, SHENYANG ECON & TECH DEV. ZONE, SHENYANG F4 110027 |
From GuruFocus
By PRNewswire PRNewswire • 11-11-2021
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