GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Standard Lithium Corp (FRA:S5L) » Definitions » Cyclically Adjusted Book per Share

Standard Lithium (FRA:S5L) Cyclically Adjusted Book per Share : €0.31 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Standard Lithium Cyclically Adjusted Book per Share?

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.

Standard Lithium's adjusted book value per share for the three months ended in Mar. 2024 was €0.594. 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 €0.31 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Standard Lithium's average Cyclically Adjusted Book Growth Rate was 27.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 30.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -16.80% 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 Standard Lithium was 30.80% per year. The lowest was -34.70% per year. And the median was -18.70% per year.

As of today (2024-06-11), Standard Lithium's current stock price is €1.35. Standard Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.31. Standard Lithium's Cyclically Adjusted PB Ratio of today is 4.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Standard Lithium was 12.07. The lowest was 0.07. And the median was 0.89.


Standard Lithium Cyclically Adjusted Book per Share Historical Data

The historical data trend for Standard Lithium'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.

Standard Lithium Cyclically Adjusted Book per Share Chart

Standard Lithium Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.11 0.11 0.20 0.26

Standard Lithium 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 0.25 0.26 0.28 0.32 0.31

Competitive Comparison of Standard Lithium's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Standard Lithium'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.


Standard Lithium's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Standard Lithium's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Standard Lithium 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, Standard Lithium'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)
=0.594/126.2576*126.2576
=0.594

Current CPI (Mar. 2024) = 126.2576.

Standard Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.068 99.473 -0.086
201409 -0.069 99.394 -0.088
201412 -0.099 98.367 -0.127
201503 -0.116 99.789 -0.147
201506 -0.127 100.500 -0.160
201509 -0.124 100.421 -0.156
201512 -0.134 99.947 -0.169
201603 -0.145 101.054 -0.181
201606 0.000 102.002 0.000
201609 -0.007 101.765 -0.009
201612 0.120 101.449 0.149
201703 0.212 102.634 0.261
201706 0.236 103.029 0.289
201709 0.134 103.345 0.164
201712 0.125 103.345 0.153
201803 0.263 105.004 0.316
201806 0.000 105.557 0.000
201809 0.254 105.636 0.304
201812 0.262 105.399 0.314
201903 0.292 106.979 0.345
201906 0.292 107.690 0.342
201909 0.297 107.611 0.348
201912 0.285 107.769 0.334
202003 0.362 107.927 0.423
202006 0.283 108.401 0.330
202009 0.256 108.164 0.299
202012 0.366 108.559 0.426
202103 0.357 110.298 0.409
202106 0.344 111.720 0.389
202109 0.315 112.905 0.352
202112 0.786 113.774 0.872
202203 0.759 117.646 0.815
202206 0.784 120.806 0.819
202209 0.816 120.648 0.854
202212 0.713 120.964 0.744
202303 0.672 122.702 0.691
202306 0.641 124.203 0.652
202309 0.622 125.230 0.627
202312 0.581 125.072 0.587
202403 0.594 126.258 0.594

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


Standard Lithium  (FRA:S5L) 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.

Standard Lithium's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.35/0.31
=4.35

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Standard Lithium was 12.07. The lowest was 0.07. And the median was 0.89.


Be Aware

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


Standard Lithium Cyclically Adjusted Book per Share Related Terms

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


Standard Lithium (FRA:S5L) Business Description

Traded in Other Exchanges
Address
1075 West Georgia Street, Suite 1625, Vancouver, BC, CAN, V6E 3C9
Standard Lithium Corp is engaged in the exploration and development of lithium brine properties in the United States. The Company is focused on the exploration and development of the Arkansas Lithium Project is located in south-central Arkansas. Its other projects comprise of Lanxess Project, Tetra project, and Bristol Dry Lake Project.

Standard Lithium (FRA:S5L) Headlines

No Headlines