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Lanner Electronics (ROCO:6245) Cyclically Adjusted PB Ratio : 2.99 (As of Sep. 21, 2024)


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What is Lanner Electronics Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Lanner Electronics's current share price is NT$90.50. Lanner Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was NT$30.29. Lanner Electronics's Cyclically Adjusted PB Ratio for today is 2.99.

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

ROCO:6245' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.97   Med: 3.12   Max: 4.72
Current: 2.97

During the past years, Lanner Electronics's highest Cyclically Adjusted PB Ratio was 4.72. The lowest was 1.97. And the median was 3.12.

ROCO:6245's Cyclically Adjusted PB Ratio is ranked worse than
73.14% of 1664 companies
in the Hardware industry
Industry Median: 1.74 vs ROCO:6245: 2.97

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.

Lanner Electronics's adjusted book value per share data for the three months ended in Jun. 2024 was NT$38.147. 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$30.29 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lanner Electronics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lanner 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.

Lanner Electronics Cyclically Adjusted PB Ratio Chart

Lanner Electronics Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.48 3.29 2.31 3.35 3.92

Lanner Electronics Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.83 3.24 3.92 3.35 3.15

Competitive Comparison of Lanner Electronics's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Lanner 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.


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

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

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



Lanner 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=90.50/30.29
=2.99

* 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.

Lanner Electronics's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Lanner Electronics'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)
=38.147/132.5538*132.5538
=38.147

Current CPI (Jun. 2024) = 132.5538.

Lanner Electronics Quarterly Data

Book Value per Share CPI Adj_Book
201409 16.528 100.428 21.815
201412 17.958 99.070 24.028
201503 18.435 99.621 24.529
201506 18.204 100.684 23.966
201509 19.042 100.392 25.142
201512 19.773 99.792 26.264
201603 20.414 100.470 26.933
201606 19.341 101.688 25.212
201609 20.929 101.861 27.235
201612 21.685 101.863 28.219
201703 21.788 102.862 28.077
201706 19.786 103.349 25.377
201709 20.758 104.136 26.423
201712 21.845 104.011 27.840
201803 22.336 105.290 28.120
201806 21.476 106.317 26.776
201809 22.242 106.507 27.681
201812 23.550 105.998 29.450
201903 24.523 107.251 30.309
201906 25.485 108.070 31.259
201909 24.446 108.329 29.913
201912 25.413 108.420 31.070
202003 25.890 108.902 31.513
202006 24.545 108.767 29.913
202009 26.143 109.815 31.556
202012 27.445 109.897 33.103
202103 28.443 111.754 33.737
202106 25.566 114.631 29.563
202109 26.494 115.734 30.344
202112 28.411 117.630 32.016
202203 30.081 121.301 32.872
202206 28.859 125.017 30.599
202209 31.903 125.227 33.770
202212 34.222 125.222 36.226
202303 36.364 127.348 37.851
202306 34.845 128.729 35.880
202309 36.967 129.860 37.734
202312 39.138 129.419 40.086
202403 40.882 131.776 41.123
202406 38.147 132.554 38.147

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.


Lanner Electronics  (ROCO:6245) 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.


Lanner Electronics Cyclically Adjusted PB Ratio Related Terms

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


Lanner Electronics Business Description

Traded in Other Exchanges
N/A
Address
No. 173, Datong Road, 7th Floor, Section 2, XiZhi District, New Taipei, TWN, 22184
Lanner Electronics Inc is a Taiwan-based company that engages in the provision of engineering and manufacturing services for network appliances and rugged applied computing platforms for system integrators, service providers, and application developers. Its products include telecommunication data center appliances, industrial communication platforms, embedded boxes, vehicle computers, and embedded boards. Geographically, it derives a majority of its revenue from the United States.

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