Laster Tech Co (TPE:3346) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TPE:3346 Laster Tech Co Ltd TPE:3346
65 GF Score
Price NT$22.30
! 8 Warning Signs
View Full Analysis

What is Laster Tech Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Laster Tech Co  (TPE:3346) 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.


Laster Tech Co Cyclically Adjusted PB Ratio Related Terms


Laster Tech Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Laster Tech 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.

Laster Tech Co Cyclically Adjusted PB Ratio Chart

Laster Tech Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.18 1.54 2.16 1.33 0.70

Laster Tech Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.93 0.84 0.72 0.66 0.98

TPE:3346 vs NVDA, AVGO, MU: Cyclically Adjusted PB Ratio Comparison

For the Semiconductors subindustry, Laster Tech 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.


Laster Tech Co Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Laster Tech Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TPE:3346
65GF Score
Laster Tech Co Ltd TPE:3346
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Laster Tech 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.

Laster Tech Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Laster Tech Co's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=29.735/333.9520*333.9520
=29.735

Current CPI (Jun. 2026) = 333.9520.

Laster Tech Co Quarterly Data

Book Value per Share CPI Adj_Book
201609 15.737 241.428 21.768
201612 18.705 241.432 25.873
201703 19.017 243.801 26.049
201706 16.829 244.955 22.943
201709 17.720 246.819 23.976
201712 19.320 246.524 26.172
201803 20.518 249.554 27.457
201806 18.902 251.989 25.050
201809 18.723 252.439 24.769
201812 19.938 251.233 26.503
201903 22.389 254.202 29.413
201906 20.295 256.143 26.460
201909 19.202 256.759 24.975
201912 19.147 256.974 24.883
202003 17.183 258.115 22.232
202006 17.096 257.797 22.146
202009 18.281 260.280 23.455
202012 22.153 260.474 28.402
202103 23.221 264.877 29.277
202106 24.554 271.696 30.180
202109 23.595 274.310 28.725
202112 24.229 278.802 29.022
202203 25.670 287.504 29.817
202206 23.941 296.311 26.982
202209 24.672 296.808 27.760
202212 25.469 296.797 28.657
202303 25.899 301.836 28.655
202306 25.880 305.109 28.327
202309 29.009 307.789 31.475
202312 28.711 306.746 31.257
202403 29.172 312.332 31.191
202406 28.526 314.175 30.322
202409 29.647 315.301 31.401
202412 30.539 315.605 32.314
202503 31.388 319.799 32.777
202506 26.373 322.561 27.304
202509 27.652 324.800 28.431
202512 29.692 324.054 30.599
202603 29.704 330.213 30.040
202606 29.735 333.952 29.735

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.


Laster Tech Co Business Description

Address No. 4, Minxiang Street, 1st Floor, Zhonghe District, New Taipei, TWN, 23545
Laster Tech Co Ltd is engaged in the sales of LED chips and components and assembly and sales of LED automotive lighting and LED lighting fixtures, automotive lighting controllers, and related products. Its products are widely used in various applications such as munitions, medical treatment, aviation, automobiles, and others.
65GF Score

Get the complete analysis for TPE:3346

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$22.30
Price