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Slam Exploration (TSXV:SXL) Cyclically Adjusted Book per Share : C$0.02 (As of Oct. 2023)


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What is Slam Exploration 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.

Slam Exploration's adjusted book value per share for the three months ended in Oct. 2023 was C$0.015. 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 C$0.02 for the trailing ten years ended in Oct. 2023.

During the past 12 months, Slam Exploration's average Cyclically Adjusted Book Growth Rate was -71.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -48.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -37.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -32.00% 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 Slam Exploration was -6.90% per year. The lowest was -48.90% per year. And the median was -28.10% per year.

As of today (2024-06-04), Slam Exploration's current stock price is C$0.02. Slam Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2023 was C$0.02. Slam Exploration's Cyclically Adjusted PB Ratio of today is 1.00.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Slam Exploration was 1.74. The lowest was 0.00. And the median was 0.00.


Slam Exploration Cyclically Adjusted Book per Share Historical Data

The historical data trend for Slam Exploration'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.

Slam Exploration Cyclically Adjusted Book per Share Chart

Slam Exploration Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.45 0.32 0.17 0.06

Slam Exploration Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.07 0.06 0.04 0.03 0.02

Competitive Comparison of Slam Exploration's Cyclically Adjusted Book per Share

For the Gold subindustry, Slam Exploration'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.


Slam Exploration's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Slam Exploration 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, Slam Exploration's adjusted Book Value per Share data for the three months ended in Oct. 2023 was:

Adj_Book= Book Value per Share /CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=0.015/125.3095*125.3095
=0.015

Current CPI (Oct. 2023) = 125.3095.

Slam Exploration Quarterly Data

Book Value per Share CPI Adj_Book
201401 0.023 97.261 0.030
201404 0.025 98.920 0.032
201407 0.015 99.315 0.019
201410 0.010 99.473 0.013
201501 0.021 98.209 0.027
201504 0.017 99.710 0.021
201507 0.012 100.579 0.015
201510 0.010 100.500 0.012
201601 0.007 100.184 0.009
201604 0.015 101.370 0.019
201607 0.025 101.844 0.031
201610 0.023 102.002 0.028
201701 0.035 102.318 0.043
201704 0.033 103.029 0.040
201707 0.032 103.029 0.039
201710 0.033 103.424 0.040
201801 0.019 104.056 0.023
201804 0.016 105.320 0.019
201807 0.014 106.110 0.017
201810 0.013 105.952 0.015
201901 0.009 105.557 0.011
201904 0.008 107.453 0.009
201907 0.006 108.243 0.007
201910 0.002 107.927 0.002
202001 -0.003 108.085 -0.003
202004 -0.004 107.216 -0.005
202007 0.010 108.401 0.012
202010 0.010 108.638 0.012
202101 0.012 109.192 0.014
202104 0.022 110.851 0.025
202107 0.024 112.431 0.027
202110 0.022 113.695 0.024
202201 0.022 114.801 0.024
202204 0.024 118.357 0.025
202207 0.021 120.964 0.022
202210 0.020 121.517 0.021
202301 0.018 121.596 0.019
202304 0.015 123.571 0.015
202307 0.017 124.914 0.017
202310 0.015 125.310 0.015

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


Slam Exploration  (TSXV:SXL) 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.

Slam Exploration's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.02/0.02
=1.00

* 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 Slam Exploration was 1.74. 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.


Slam Exploration Cyclically Adjusted Book per Share Related Terms

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


Slam Exploration (TSXV:SXL) Business Description

Traded in Other Exchanges
Address
295 Hutchison Drive, Miramichi, NB, CAN, E1V 6C7
Slam Exploration Ltd is a mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. Some of the company's properties are Menneval Gold Project, Mt. Victor Property, and others.
Executives
Bruce Macdonald 10% Security Holder

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