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Silver Bull Resources (Silver Bull Resources) Cyclically Adjusted Book per Share : $0.53 (As of Jan. 2024)


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What is Silver Bull Resources 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.

Silver Bull Resources's adjusted book value per share for the three months ended in Jan. 2024 was $0.115. 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 $0.53 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Silver Bull Resources's average Cyclically Adjusted Book Growth Rate was -25.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -21.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -18.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -13.70% 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 Silver Bull Resources was -3.40% per year. The lowest was -21.10% per year. And the median was -10.20% per year.

As of today (2024-06-02), Silver Bull Resources's current stock price is $0.1099. Silver Bull Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $0.53. Silver Bull Resources's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Silver Bull Resources was 0.26. The lowest was 0.00. And the median was 0.00.


Silver Bull Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Silver Bull Resources'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.

Silver Bull Resources Cyclically Adjusted Book per Share Chart

Silver Bull Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 1.18 0.94 0.76 0.58

Silver Bull Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.71 0.67 0.63 0.58 0.53

Competitive Comparison of Silver Bull Resources's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Silver Bull Resources'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.


Silver Bull Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Bull Resources's Cyclically Adjusted PB Ratio falls into.



Silver Bull Resources 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, Silver Bull Resources's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.115/125.0724*125.0724
=0.115

Current CPI (Jan. 2024) = 125.0724.

Silver Bull Resources Quarterly Data

Book Value per Share CPI Adj_Book
201404 1.494 98.920 1.889
201407 1.459 99.315 1.837
201410 1.376 99.473 1.730
201501 1.344 98.209 1.712
201504 1.319 99.710 1.654
201507 1.289 100.579 1.603
201510 0.442 100.500 0.550
201601 0.419 100.184 0.523
201604 0.405 101.370 0.500
201607 0.391 101.844 0.480
201610 0.384 102.002 0.471
201701 0.359 102.318 0.439
201704 0.335 103.029 0.407
201707 0.322 103.029 0.391
201710 0.298 103.424 0.360
201801 0.220 104.056 0.264
201804 0.238 105.320 0.283
201807 0.345 106.110 0.407
201810 0.327 105.952 0.386
201901 0.332 105.557 0.393
201904 0.365 107.453 0.425
201907 0.327 108.243 0.378
201910 0.290 107.927 0.336
202001 0.302 108.085 0.349
202004 0.291 107.216 0.339
202007 0.277 108.401 0.320
202010 0.274 108.638 0.315
202101 0.252 109.192 0.289
202104 0.235 110.851 0.265
202107 0.215 112.431 0.239
202110 0.234 113.695 0.257
202201 0.224 114.801 0.244
202204 0.158 118.357 0.167
202207 0.159 120.964 0.164
202210 0.167 121.517 0.172
202301 0.159 121.596 0.164
202304 0.145 123.571 0.147
202307 0.132 124.914 0.132
202310 0.118 125.310 0.118
202401 0.115 125.072 0.115

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


Silver Bull Resources  (OTCPK:SVBL) 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.

Silver Bull Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.1099/0.53
=0.21

* 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 Silver Bull Resources was 0.26. The lowest was 0.00. And the median was 0.00.


Be Aware

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


Silver Bull Resources Cyclically Adjusted Book per Share Related Terms

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


Silver Bull Resources (Silver Bull Resources) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, Suite 1605, Vancouver, BC, CAN, V7Y 1G6
Silver Bull Resources Inc is an exploration stage company engaged in acquiring and developing mineral properties. The company holds interests in various property concessions in Mexico within a mining district known as the Sierra Mojada District. The main project of the company is the Sierra Mojada Project. Its geographical segments are Mexico, Canada, and Kazakhstan.
Executives
William Fuller Matlack director C/O TIMBERLINE RESOURCES CORP., 101 EAST LAKESIDE AVENUE, COEUR D'ALENE ID 83814
David T. Underwood director 777 DUNSMUIR STREET, SUITE 1610, VANCOUVER A1 V7Y 1K4
Darren Klinck officer: President 918 WEST 13TH AVENUE, VANCOUVER A1 V5Z 1P3
Christopher Richards officer: CFO 918 WEST 13TH AVENUE, VANCOUVER A1 V5Z 1P3
Brian D. Edgar director, officer: Executive Chairman 885 WEST GEORGIA STREET, SUITE 2200, VANCOUVER A1 V6C 3E8
Joshua Crumb director 885 WEST GEORGE STREET, SUITE 2200, VANCOUVER A1 V6C 3E8
John A Mcclintock director C/O SILVER BULL RESOURCES, INC., 777 DUNSMUIR STREET, SUITE 1610, VANCOUVER A1 V7Y 1K4
Coeur D Alene Mines Corp 10 percent owner 200 SOUTH WACKER DRIVE, SUITE 2100, CHICAGO IL 60606
Lazarus Investment Partners Lllp 10 percent owner C/O IBEX INVESTORS LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Justin B Borus 10 percent owner 260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Management Co Llc 10 percent owner 260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Jason Cunliffe officer: Vice President - Exploration 885 WEST GEORGIA STREET, SUITE 2200, VANCOUVER A1 V6C 3E8
Daniel J Kunz director C/O US GEOTHERMAL INC., 1505 TYRELL LANE, BOISE ID 83706
Sean Fallis officer: Chief Financial Officer 925 WEST GEORGIA STREET, SUITE 1908, VANCOUVER A1 V6C 3L2
Nicole Adshead-bell director 835 W. GEORGIA STREET, SUITE 2200, VANCOUVER A1 V6C3E8

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