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Litemax Electronics (ROCO:4995) Cyclically Adjusted PB Ratio : 2.36 (As of Jun. 03, 2025)


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What is Litemax Electronics Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Litemax Electronics's current share price is NT$52.50. Litemax Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$22.27. Litemax Electronics's Cyclically Adjusted PB Ratio for today is 2.36.

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

ROCO:4995' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.7   Med: 2.26   Max: 3.94
Current: 2.44

During the past years, Litemax Electronics's highest Cyclically Adjusted PB Ratio was 3.94. The lowest was 1.70. And the median was 2.26.

ROCO:4995's Cyclically Adjusted PB Ratio is ranked worse than
63.25% of 1924 companies
in the Hardware industry
Industry Median: 1.66 vs ROCO:4995: 2.44

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.

Litemax Electronics's adjusted book value per share data for the three months ended in Mar. 2025 was NT$20.458. 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$22.27 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Litemax Electronics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Litemax Electronics'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.

* Premium members only.

Litemax Electronics Cyclically Adjusted PB Ratio Chart

Litemax Electronics Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.28 2.02 1.89 2.25 3.02

Litemax Electronics Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.34 2.77 3.61 3.02 3.01

Competitive Comparison of Litemax Electronics's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Litemax Electronics'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.


Litemax Electronics's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Litemax Electronics 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.

Litemax Electronics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=52.50/22.27
=2.36

* 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.

Litemax Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Litemax Electronics'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)
=20.458/134.9266*134.9266
=20.458

Current CPI (Mar. 2025) = 134.9266.

Litemax Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201506 13.750 100.684 18.426
201509 14.521 100.392 19.516
201512 14.973 99.792 20.245
201603 16.065 100.470 21.574
201606 14.035 101.688 18.623
201609 14.566 101.861 19.294
201612 14.968 101.863 19.827
201703 15.525 102.862 20.364
201706 14.772 103.349 19.285
201709 15.645 104.136 20.271
201712 16.176 104.011 20.984
201803 18.786 105.290 24.074
201806 15.890 106.317 20.166
201809 16.432 106.507 20.817
201812 21.660 105.998 27.571
201903 20.420 107.251 25.689
201906 19.176 108.070 23.942
201909 20.211 108.329 25.173
201912 21.471 108.420 26.720
202003 22.058 108.902 27.329
202006 18.876 108.767 23.416
202009 19.086 109.815 23.450
202012 19.388 109.897 23.804
202103 19.640 111.754 23.712
202106 18.306 114.631 21.547
202109 19.020 115.734 22.174
202112 20.294 117.630 23.278
202203 18.886 121.301 21.007
202206 20.352 125.017 21.965
202209 21.811 125.227 23.500
202212 22.906 125.222 24.681
202303 19.472 127.348 20.631
202306 20.305 128.729 21.283
202309 21.426 129.860 22.262
202312 22.390 129.419 23.343
202403 20.234 131.776 20.718
202406 21.663 132.554 22.051
202409 22.988 133.029 23.316
202412 23.860 133.157 24.177
202503 20.458 134.927 20.458

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.


Litemax Electronics  (ROCO:4995) 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.


Litemax Electronics Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Litemax Electronics's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Litemax Electronics Business Description

Traded in Other Exchanges
N/A
Address
No. 137, Lane 235, Baoqiao Road, 8th Floor, Xindian District, New Taipei, TWN, 231
Litemax Electronics Inc manufactures and sells high-brightness backlights, LCD modules, and LCD monitors. The company's products are used in marine; gaming; healthcare; industrial; transportation; digital signage, and other markets. Some of its products include Spanpixel - Resizing LCDs; Durapixel - Sunlight readable LCDs; Navpixel - Marine Computing; Embedded Motherboards; Waterproof Panel PCs; Intel Smart Display Module Panel PC; HDMI Daisy Chain Board, and others. Geographically, it derives a majority of its revenue from America and also has a presence in Asia and Europe.

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