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LiqTech International (LiqTech International) Cyclically Adjusted PB Ratio : 0.25 (As of Apr. 27, 2024)


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What is LiqTech International Cyclically Adjusted PB Ratio?

As of today (2024-04-27), LiqTech International's current share price is $2.63. LiqTech International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.42. LiqTech International's Cyclically Adjusted PB Ratio for today is 0.25.

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

LIQT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.24   Med: 3.47   Max: 7.61
Current: 0.25

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

LIQT's Cyclically Adjusted PB Ratio is ranked better than
96.39% of 1996 companies
in the Industrial Products industry
Industry Median: 1.72 vs LIQT: 0.25

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.

LiqTech International's adjusted book value per share data for the three months ended in Dec. 2023 was $3.016. 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 $10.42 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


LiqTech International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LiqTech International'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.

LiqTech International Cyclically Adjusted PB Ratio Chart

LiqTech International 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 3.97 5.15 3.53 0.25 0.33

LiqTech International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.25 0.32 0.29 0.36 0.33

Competitive Comparison of LiqTech International's Cyclically Adjusted PB Ratio

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 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.

LiqTech International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.63/10.42
=0.25

* 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.

LiqTech International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, LiqTech International's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.016/116.7000*116.7000
=3.016

Current CPI (Dec. 2023) = 116.7000.

LiqTech International Quarterly Data

Book Value per Share CPI Adj_Book
201403 17.130 99.600 20.071
201406 16.420 99.700 19.220
201409 24.057 99.700 28.159
201412 21.884 99.400 25.693
201503 19.060 100.200 22.199
201506 18.251 100.300 21.235
201509 18.690 100.200 21.768
201512 18.267 99.800 21.360
201603 15.972 100.200 18.602
201606 15.454 100.600 17.927
201609 14.840 100.200 17.284
201612 5.447 100.300 6.338
201703 4.717 101.200 5.439
201706 4.708 101.200 5.429
201709 3.758 101.800 4.308
201712 4.999 101.300 5.759
201803 4.050 101.700 4.647
201806 4.667 102.300 5.324
201809 4.236 102.400 4.828
201812 3.748 102.100 4.284
201903 3.769 102.900 4.274
201906 9.285 102.900 10.530
201909 9.126 102.900 10.350
201912 8.957 102.900 10.158
202003 8.933 103.300 10.092
202006 9.592 103.200 10.847
202009 9.961 103.500 11.231
202012 9.168 103.400 10.347
202103 7.798 104.300 8.725
202106 7.008 105.000 7.789
202109 5.899 105.800 6.507
202112 4.801 106.600 5.256
202203 3.316 109.900 3.521
202206 4.934 113.600 5.069
202209 4.383 116.400 4.394
202212 4.239 115.900 4.268
202303 3.797 117.300 3.778
202306 3.513 116.400 3.522
202309 3.366 117.400 3.346
202312 3.016 116.700 3.016

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.


LiqTech International  (NAS:LIQT) 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.


LiqTech International Cyclically Adjusted PB Ratio Related Terms

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


LiqTech International (LiqTech International) Business Description

Traded in Other Exchanges
N/A
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.
Executives
Simon Seidelin Stadil officer: Chief Financial Officer INDUSTRIPARKEN 22C, BALLERUP G7 2750
Martin Kunz director INDUSTRIPARKEN 22C, BALLERUP G7 2750
Fei Chen director, officer: Chief Executive Officer STOLBERGSVEJ 23, HORSHOLM G7 2970
Richard A Meeusen director P O BOX 23099, MILWAUKEE WI 532230099
Peyton Boswell director 805 THIRD AVE., 20TH FLOOR, NEW YORK NY 10022
Mark Vernon director 200 SOUTH BISCAYNE BLVD, MIAMI FL 33131
Alexander J Buehler director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
Laurence W Lytton 10 percent owner 467 CENTRAL PARK WEST, NY NY 10025
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Claus Toftegaard officer: Chief Financial Officer INDUSTRIPARKEN 22C, BALLERUP G7 2750
Peter Leifland director VALEVAGEN 21,5-18264, DJURSHOLM V7 00000
Joel Gay director 10264 NW 75TH TERRACE, DORAL FL 33178
Norman H Pessin other: See Explanation of Responses C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Sandra F Pessin other: See Explanation of Responses C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin other: See Explanation of Responses 310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021