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Luxshare Precision Industry Co (SZSE:002475) Cyclically Adjusted PB Ratio : 9.42 (As of May. 14, 2024)


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What is Luxshare Precision Industry Co Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Luxshare Precision Industry Co's current share price is ¥31.08. Luxshare Precision Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥3.30. Luxshare Precision Industry Co's Cyclically Adjusted PB Ratio for today is 9.42.

The historical rank and industry rank for Luxshare Precision Industry Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

SZSE:002475' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8   Med: 17.6   Max: 47.25
Current: 9.42

During the past years, Luxshare Precision Industry Co's highest Cyclically Adjusted PB Ratio was 47.25. The lowest was 8.00. And the median was 17.60.

SZSE:002475's Cyclically Adjusted PB Ratio is ranked worse than
95.43% of 1861 companies
in the Hardware industry
Industry Median: 1.65 vs SZSE:002475: 9.42

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.

Luxshare Precision Industry Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥8.219. 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 ¥3.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Luxshare Precision Industry Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Luxshare Precision Industry Co'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.

Luxshare Precision Industry Co Cyclically Adjusted PB Ratio Chart

Luxshare Precision Industry Co 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 24.95 39.31 26.33 13.01 11.10

Luxshare Precision Industry 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 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 11.68 11.82 10.15 11.10 8.92

Competitive Comparison of Luxshare Precision Industry Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Luxshare Precision Industry 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.


Luxshare Precision Industry Co's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Luxshare Precision Industry Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Luxshare Precision Industry Co's Cyclically Adjusted PB Ratio falls into.



Luxshare Precision Industry Co 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.

Luxshare Precision Industry Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.08/3.3
=9.42

* 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.

Luxshare Precision Industry Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Luxshare Precision Industry 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)
=8.219/114.6694*114.6694
=8.219

Current CPI (Mar. 2024) = 114.6694.

Luxshare Precision Industry Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.438 98.200 0.511
201409 0.761 98.900 0.882
201412 0.744 99.000 0.862
201503 0.768 99.900 0.882
201506 0.795 99.500 0.916
201509 0.837 100.500 0.955
201512 0.889 100.600 1.013
201603 0.923 102.200 1.036
201606 0.939 101.400 1.062
201609 1.532 102.400 1.716
201612 1.611 102.600 1.801
201703 1.656 103.200 1.840
201706 1.711 103.100 1.903
201709 1.740 104.100 1.917
201712 1.856 104.500 2.037
201803 1.921 105.300 2.092
201806 1.975 104.900 2.159
201809 2.069 106.600 2.226
201812 2.228 106.500 2.399
201903 2.316 107.700 2.466
201906 2.411 107.700 2.567
201909 2.633 109.800 2.750
201912 2.910 111.200 3.001
202003 3.099 112.300 3.164
202006 3.260 110.400 3.386
202009 3.564 111.700 3.659
202012 4.004 111.500 4.118
202103 4.182 112.662 4.257
202106 4.388 111.769 4.502
202109 4.645 112.215 4.747
202112 4.990 113.108 5.059
202203 5.257 114.335 5.272
202206 5.499 114.558 5.504
202209 5.954 115.339 5.919
202212 6.372 115.116 6.347
202303 6.650 115.116 6.624
202306 6.957 114.558 6.964
202309 7.368 115.339 7.325
202312 7.864 114.669 7.864
202403 8.219 114.669 8.219

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.


Luxshare Precision Industry Co  (SZSE:002475) 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.


Luxshare Precision Industry Co Cyclically Adjusted PB Ratio Related Terms

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


Luxshare Precision Industry Co (SZSE:002475) Business Description

Traded in Other Exchanges
N/A
Address
No.17 Kuiqing Road, Qinghuang Industrial Zone, Qingxi Town, Guangdong, Dongguan, CHN, 523650
Founded in 2004, Luxshare Precision is one of the world's largest manufacturers of cables and connectors and is a major supplier to Apple, which accounts for over 70% of sales. The company has since expanded production into other faster-growing consumer electronic components, such as speakers, haptic, cameras, PC docks, and wireless charging modules, as well as electronic manufacturing services for Apple's Watch and AirPods. Of Luxshare's 2022 sales, 84% is derived from the consumer electronics end market, while the remaining 16% is spread across the computer, communication and automobile verticals. Luxshare employs over 230,000 people and has manufacturing bases in China, India, and Vietnam.

Luxshare Precision Industry Co (SZSE:002475) Headlines

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