GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Liwanli Innovation Co Ltd (TPE:3054) » Definitions » Cyclically Adjusted PB Ratio

Liwanli Innovation Co (TPE:3054) Cyclically Adjusted PB Ratio : 1.26 (As of Jun. 20, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Liwanli Innovation Co Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Liwanli Innovation Co's current share price is NT$20.15. Liwanli Innovation Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was NT$15.96. Liwanli Innovation Co's Cyclically Adjusted PB Ratio for today is 1.26.

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

TPE:3054' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 1.37   Max: 1.94
Current: 1.26

During the past years, Liwanli Innovation Co's highest Cyclically Adjusted PB Ratio was 1.94. The lowest was 1.11. And the median was 1.37.

TPE:3054's Cyclically Adjusted PB Ratio is ranked better than
65.6% of 753 companies
in the Drug Manufacturers industry
Industry Median: 1.85 vs TPE:3054: 1.26

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.

Liwanli Innovation Co's adjusted book value per share data for the three months ended in Mar. 2024 was NT$9.375. 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$15.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liwanli Innovation Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Liwanli Innovation 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.

Liwanli Innovation Co Cyclically Adjusted PB Ratio Chart

Liwanli Innovation 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 1.76 1.51 1.57 1.20 1.31

Liwanli Innovation 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 1.20 1.33 1.29 1.31 1.30

Competitive Comparison of Liwanli Innovation Co's Cyclically Adjusted PB Ratio

For the Drug Manufacturers - Specialty & Generic subindustry, Liwanli Innovation 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.


Liwanli Innovation Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Liwanli Innovation Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Liwanli Innovation 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.

Liwanli Innovation Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.15/15.96
=1.26

* 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.

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

For example, Liwanli Innovation 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)
=9.375/131.7762*131.7762
=9.375

Current CPI (Mar. 2024) = 131.7762.

Liwanli Innovation Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.252 100.560 21.297
201409 15.719 100.428 20.626
201412 15.573 99.070 20.714
201503 15.600 99.621 20.635
201506 14.586 100.684 19.090
201509 14.072 100.392 18.471
201512 13.571 99.792 17.921
201603 13.732 100.470 18.011
201606 14.054 101.688 18.212
201609 14.730 101.861 19.056
201612 17.221 101.863 22.278
201703 18.694 102.862 23.949
201706 18.368 103.349 23.420
201709 18.708 104.136 23.674
201712 17.467 104.011 22.130
201803 18.352 105.290 22.969
201806 15.806 106.317 19.591
201809 12.024 106.507 14.877
201812 12.286 105.998 15.274
201903 12.089 107.251 14.853
201906 11.632 108.070 14.184
201909 11.648 108.329 14.169
201912 11.579 108.420 14.073
202003 11.327 108.902 13.706
202006 11.503 108.767 13.936
202009 11.367 109.815 13.640
202012 11.222 109.897 13.456
202103 11.306 111.754 13.332
202106 12.606 114.631 14.491
202109 11.140 115.734 12.684
202112 11.128 117.630 12.466
202203 10.791 121.301 11.723
202206 9.929 125.017 10.466
202209 9.562 125.227 10.062
202212 9.490 125.222 9.987
202303 9.663 127.348 9.999
202306 9.787 128.729 10.019
202309 9.545 129.860 9.686
202312 9.715 129.419 9.892
202403 9.375 131.776 9.375

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.


Liwanli Innovation Co  (TPE:3054) 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.


Liwanli Innovation Co Cyclically Adjusted PB Ratio Related Terms

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


Liwanli Innovation Co (TPE:3054) Business Description

Traded in Other Exchanges
N/A
Address
Liancheng Road,, 16Floor-1, No.258,, Zhonghe District, New Taipei City, TWN, 235
Liwanli Innovation Co Ltd is engaged in the manufacture, wholesale, and retail of electronic materials and sales of biotech products like drug nutrient products. The company earns maximum revenue from Biotech products.

Liwanli Innovation Co (TPE:3054) Headlines

No Headlines