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Largan Precision Co (TPE:3008) Cyclically Adjusted PB Ratio : 2.16 (As of Jun. 03, 2025)


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What is Largan Precision Co Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Largan Precision Co's current share price is NT$2270.00. Largan Precision Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was NT$1,049.59. Largan Precision Co's Cyclically Adjusted PB Ratio for today is 2.16.

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

TPE:3008' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.94   Med: 3.15   Max: 13.03
Current: 2.21

During the past years, Largan Precision Co's highest Cyclically Adjusted PB Ratio was 13.03. The lowest was 1.94. And the median was 3.15.

TPE:3008's Cyclically Adjusted PB Ratio is ranked worse than
59.77% of 1924 companies
in the Hardware industry
Industry Median: 1.66 vs TPE:3008: 2.21

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.

Largan Precision Co's adjusted book value per share data for the three months ended in Mar. 2025 was NT$1,347.444. 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$1,049.59 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Largan Precision Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Largan Precision 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.

Largan Precision Co Cyclically Adjusted PB Ratio Chart

Largan Precision Co 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 6.17 3.83 2.62 3.20 2.64

Largan Precision Co 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 2.61 2.84 2.56 2.64 2.24

Competitive Comparison of Largan Precision Co's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Largan Precision 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.


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

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

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


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Largan Precision 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2270.00/1049.59
=2.16

* 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.

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

For example, Largan Precision Co'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)
=1347.444/134.9266*134.9266
=1,347.444

Current CPI (Mar. 2025) = 134.9266.

Largan Precision Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 361.274 100.684 484.144
201509 423.581 100.392 569.295
201512 472.538 99.792 638.906
201603 496.074 100.470 666.202
201606 459.683 101.688 609.938
201609 505.629 101.861 669.764
201612 572.853 101.863 758.797
201703 597.107 102.862 783.238
201706 569.947 103.349 744.090
201709 627.510 104.136 813.053
201712 688.812 104.011 893.549
201803 715.809 105.290 917.296
201806 691.645 106.317 877.766
201809 752.689 106.507 953.534
201812 802.144 105.998 1,021.063
201903 841.508 107.251 1,058.660
201906 823.010 108.070 1,027.542
201909 884.775 108.329 1,102.006
201912 942.254 108.420 1,172.616
202003 992.570 108.902 1,229.773
202006 947.986 108.767 1,175.983
202009 997.063 109.815 1,225.064
202012 1,049.666 109.897 1,288.735
202103 1,003.751 111.754 1,211.878
202106 1,021.529 114.631 1,202.388
202109 1,057.998 115.734 1,233.447
202112 1,061.975 117.630 1,218.136
202203 1,067.527 121.301 1,187.441
202206 1,104.969 125.017 1,192.557
202209 1,130.690 125.227 1,218.274
202212 1,162.144 125.222 1,252.211
202303 1,144.895 127.348 1,213.031
202306 1,172.744 128.729 1,229.208
202309 1,200.918 129.860 1,247.778
202312 1,223.619 129.419 1,275.688
202403 1,252.370 131.776 1,282.311
202406 1,294.115 132.554 1,317.281
202409 1,293.860 133.029 1,312.317
202412 1,343.231 133.157 1,361.081
202503 1,347.444 134.927 1,347.444

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.


Largan Precision Co  (TPE:3008) 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.


Largan Precision Co Cyclically Adjusted PB Ratio Related Terms

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


Largan Precision Co Business Description

Traded in Other Exchanges
N/A
Address
No. 11, Jingke Road, Nantun District, Taichung, TWN, 40852
Largan Precision is the leader in optical lens technology and the world's largest handset lensmaker by value. The company boasts almost 30 years of experience in the production of optical lenses, namely plastic aspherical lenses, which are widely used to manufacture smartphone cameras. It is a major supplier of high-end handset camera lenses to global smartphone brands such as Apple and Samsung. The firm also produces optical lenses for various applications such as for automobiles, digital cameras, and extended reality headsets. Largan was co-founded in 1987 by Scott Lin, whose son Adam Lin serves as the current CEO and chair. Largan is headquartered and mainly operates in Taichung City, Taiwan, and employs around 8,000 people.

Largan Precision Co Headlines

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