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LiqTech International (FRA:39J0) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2024)


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What is LiqTech International Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

LiqTech International's adjusted book value per share for the three months ended in Mar. 2024 was €2.335. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, LiqTech International's average Cyclically Adjusted Book Growth Rate was -13.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of LiqTech International was 3.10% per year. The lowest was -5.70% per year. And the median was 0.80% per year.

As of today (2024-05-31), LiqTech International's current stock price is €0.354. LiqTech International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.00. LiqTech International's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LiqTech International was 7.61. The lowest was 0.24. And the median was 3.47.


LiqTech International Cyclically Adjusted Book per Share Historical Data

The historical data trend for LiqTech International's Cyclically Adjusted Book per Share 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.

LiqTech International Cyclically Adjusted Book per Share Chart

LiqTech International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 1.25 1.38 1.38 -

LiqTech International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 1.31 1.24 1.00 - -

Competitive Comparison of LiqTech International's Cyclically Adjusted Book per Share

For the Pollution & Treatment Controls subindustry, LiqTech International'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.


LiqTech International's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LiqTech International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



LiqTech International Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, LiqTech International'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)
=2.335/118.4000*118.4000
=2.335

Current CPI (Mar. 2024) = 118.4000.

LiqTech International Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.085 99.700 14.352
201409 18.668 99.700 22.169
201412 17.748 99.400 21.140
201503 17.612 100.200 20.811
201506 16.261 100.300 19.195
201509 16.652 100.200 19.677
201512 16.770 99.800 19.895
201603 14.343 100.200 16.948
201606 13.754 100.600 16.188
201609 13.223 100.200 15.625
201612 5.164 100.300 6.096
201703 4.411 101.200 5.161
201706 4.190 101.200 4.902
201709 3.153 101.800 3.667
201712 4.225 101.300 4.938
201803 3.284 101.700 3.823
201806 3.995 102.300 4.624
201809 3.631 102.400 4.198
201812 3.295 102.100 3.821
201903 3.335 102.900 3.837
201906 8.217 102.900 9.455
201909 8.287 102.900 9.535
201912 8.061 102.900 9.275
202003 8.085 103.300 9.267
202006 8.518 103.200 9.773
202009 8.457 103.500 9.674
202012 7.536 103.400 8.629
202103 6.550 104.300 7.435
202106 5.817 105.000 6.559
202109 5.014 105.800 5.611
202112 4.249 106.600 4.719
202203 3.011 109.900 3.244
202206 4.668 113.600 4.865
202209 4.427 116.400 4.503
202212 4.002 115.900 4.088
202303 3.546 117.300 3.579
202306 3.242 116.400 3.298
202309 3.154 117.400 3.181
202312 2.766 116.700 2.806
202403 2.335 118.400 2.335

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


LiqTech International  (FRA:39J0) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LiqTech International was 7.61. The lowest was 0.24. And the median was 3.47.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


LiqTech International Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of LiqTech International's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


LiqTech International (FRA:39J0) Business Description

Traded in Other Exchanges
Address
Industriparken 22C, Ballerup, DNK, DK 2750
LiqTech International Inc is a clean technology company which provides technology for gas and liquid purification by manufacturing ceramic silicon carbide filters. The company is engaged in three businesses that are diesel particulate filters (DPF) for the control of soot from diesel engines, turnkey ceramic membranes systems, and complete water treatment plants. The company's product portfolio consists of ceramic silicon membranes for liquid filtration, diesel particulate filters, and kiln furniture. Its operating segment includes Water, Ceramics, and Plastics. The company generates maximum revenue from Ceramics segment. Geographically, it derives a majority of its revenue from Europe.

LiqTech International (FRA:39J0) Headlines

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