LQMT (Liquidmetal Technologies) Cyclically Adjusted PB Ratio: 4.70 (As of Jul. 30, 2026) — 65% Above Median

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LQMT Liquidmetal Technologies Inc LQMT
25 GF Score
Price $0.24
! 5 Warning Signs
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What is Liquidmetal Technologies Cyclically Adjusted PB Ratio?

Liquidmetal Technologies LQMT +6.91% 25 Cyclically Adjusted PB Ratio is 4.70 as of Jul. 30, 2026, which is 65% above its 10-year median of 2.85. GuruFocus rates LQMT with a GF Score™ of 25/100. The stock has 5 warning signs investors should review. Among 2,268 Industrial Products companies, Liquidmetal Technologies ranks worse than 82.05% on this metric.

As of today (2026-07-30), Liquidmetal Technologies's current share price is $0.2352. Liquidmetal Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.05. Liquidmetal Technologies's Cyclically Adjusted PB Ratio for today is 4.70.

The historical rank and industry rank for Liquidmetal Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:

LQMT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.85   Max: 9.43
Current: 5.7

During the past years, Liquidmetal Technologies's highest Cyclically Adjusted PB Ratio was 9.43. The lowest was 1.20. And the median was 2.85.

LQMT's Cyclically Adjusted PB Ratio is ranked worse than
82.05% of 2268 companies
in the Industrial Products industry
Industry Median: 2.1 vs LQMT: 5.70

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.

Liquidmetal Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was $0.029. 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 $0.05 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liquidmetal Technologies  (OTCPK:LQMT) 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.


Liquidmetal Technologies Cyclically Adjusted PB Ratio Related Terms


Liquidmetal Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Liquidmetal Technologies'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.

Liquidmetal Technologies Cyclically Adjusted PB Ratio Chart

Liquidmetal Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 1.74 1.44 0.96 2.13

Liquidmetal Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 1.81 2.56 2.96 2.13 2.24

LQMT vs TG, AP, TPCS: Cyclically Adjusted PB Ratio Comparison

For the Metal Fabrication subindustry, Liquidmetal Technologies'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.


Liquidmetal Technologies Cyclically Adjusted PB Ratio vs Industrial Products Industry

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

* The bar in red indicates where Liquidmetal Technologies's Cyclically Adjusted PB Ratio falls into.


LQMT
25GF Score
Liquidmetal Technologies Inc LQMT
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Liquidmetal Technologies Cyclically Adjusted PB Ratio Calculation

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.

Liquidmetal Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.2352/0.05
=4.70

* 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.

Liquidmetal Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Liquidmetal Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.029/330.2130*330.2130
=0.029

Current CPI (Mar. 2026) = 330.2130.

Liquidmetal Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.009 241.018 0.012
201609 0.006 241.428 0.008
201612 0.062 241.432 0.085
201703 0.062 243.801 0.084
201706 0.059 244.955 0.080
201709 0.055 246.819 0.074
201712 0.057 246.524 0.076
201803 0.054 249.554 0.071
201806 0.053 251.989 0.069
201809 0.051 252.439 0.067
201812 0.051 251.233 0.067
201903 0.049 254.202 0.064
201906 0.046 256.143 0.059
201909 0.044 256.759 0.057
201912 0.043 256.974 0.055
202003 0.043 258.115 0.055
202006 0.042 257.797 0.054
202009 0.041 260.280 0.052
202012 0.041 260.474 0.052
202103 0.040 264.877 0.050
202106 0.040 271.696 0.049
202109 0.038 274.310 0.046
202112 0.038 278.802 0.045
202203 0.037 287.504 0.042
202206 0.036 296.311 0.040
202209 0.035 296.808 0.039
202212 0.035 296.797 0.039
202303 0.035 301.836 0.038
202306 0.034 305.109 0.037
202309 0.034 307.789 0.036
202312 0.033 306.746 0.036
202403 0.033 312.332 0.035
202406 0.033 314.175 0.035
202409 0.033 315.301 0.035
202412 0.032 315.605 0.033
202503 0.031 319.799 0.032
202506 0.031 322.561 0.032
202509 0.030 324.800 0.030
202512 0.030 324.054 0.031
202603 0.029 330.213 0.029

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.

What does a Cyclically Adjusted PB Ratio of 4.70 mean?
Liquidmetal Technologies (LQMT) has a Cyclically Adjusted PB Ratio of 4.70 as of Jul. 30, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Liquidmetal Technologies and its competitors. This is 65% above median its historical median of 2.85. Over the past decade, Liquidmetal Technologies' Cyclically Adjusted PB Ratio has ranged from 1.20 to 9.43. According to the industry distribution chart, Liquidmetal Technologies ranks #1861 out of 2268 companies in the Industrial Products industry, placing it in the top 82.1%.
Is Liquidmetal Technologies' Cyclically Adjusted PB Ratio too high?
Liquidmetal Technologies' current Cyclically Adjusted PB Ratio of 4.70 is 65% above median its 10-year median of 2.85. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 9.43. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.10. Liquidmetal Technologies' value of 4.70 is 123.8% above this industry median. Based on the distribution chart, Liquidmetal Technologies ranks #1861 out of 2268 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Liquidmetal Technologies has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Liquidmetal Technologies' Cyclically Adjusted PB Ratio compare to TG and AP?
According to the Industrial Products industry distribution chart, Liquidmetal Technologies ranks #1861 out of 2268 companies for Cyclically Adjusted PB Ratio. This places Liquidmetal Technologies in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.10. Liquidmetal Technologies' value of 4.70 is 123.8% above this benchmark. Historically, Liquidmetal Technologies' own Cyclically Adjusted PB Ratio has ranged from 1.20 to 9.43 over the past decade. While the company's 10-year median is 2.85 vs. the industry median of 2.10, Liquidmetal Technologies has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.10, based on 2,268 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Liquidmetal Technologies's current Cyclically Adjusted PB Ratio of 4.70 is 123.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Liquidmetal Technologies and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Liquidmetal Technologies's current Cyclically Adjusted PB Ratio is 4.70, which is 65% above median its own 10-year median of 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liquidmetal Technologies stock overvalued right now?
Liquidmetal Technologies (LQMT) has a current Cyclically Adjusted PB Ratio of 4.70. The current Cyclically Adjusted PB Ratio is 4.70, which is 65% above median its 10-year median of 2.85 and 123.8% above the Industrial Products industry median of 2.10. Liquidmetal Technologies' overall GF Score™ is 25/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Liquidmetal Technologies (LQMT), the current Cyclically Adjusted PB Ratio is 4.70 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Liquidmetal Technologies Business Description

Address 20321 Valencia Circle, Lake Forest, CA, USA, 92630
Liquidmetal Technologies Inc is a materials technology and manufacturing company that develops and commercializes products made from amorphous alloys. The alloys consist of a variety of proprietary bulk alloys and composites that utilize the advantages offered by amorphous alloy technology. Amorphous alloys are, in general, materials that are distinguished by their ability to retain a random atomic structure when they solidify, in contrast to the crystalline atomic structure that forms in other metals and alloys when it is solidify. Its product application spreads across various industries which includes aerospace components, defense parts, medical devices, sporting goods, leisure products, automotive components, and industrial machines.
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