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Searchlight Minerals (Searchlight Minerals) Cyclically Adjusted Book per Share : $0.00 (As of Sep. 2016)


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What is Searchlight Minerals 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.

Searchlight Minerals's adjusted book value per share for the three months ended in Sep. 2016 was $0.246. 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 Sep. 2016.

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.

As of today (2024-05-25), Searchlight Minerals's current stock price is $0.00511. Searchlight Minerals's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2016 was $0.00. Searchlight Minerals's Cyclically Adjusted PB Ratio of today is .


Searchlight Minerals Cyclically Adjusted Book per Share Historical Data

The historical data trend for Searchlight Minerals'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.

Searchlight Minerals Cyclically Adjusted Book per Share Chart

Searchlight Minerals Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Book per Share
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Searchlight Minerals Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Competitive Comparison of Searchlight Minerals's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Searchlight Minerals'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.


Searchlight Minerals's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Searchlight Minerals 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, Searchlight Minerals's adjusted Book Value per Share data for the three months ended in Sep. 2016 was:

Adj_Book= Book Value per Share /CPI of Sep. 2016 (Change)*Current CPI (Sep. 2016)
=0.246/101.8610*101.8610
=0.246

Current CPI (Sep. 2016) = 101.8610.

Searchlight Minerals Quarterly Data

Book Value per Share CPI Adj_Book
200612 0.112 85.142 0.134
200703 1.347 86.640 1.584
200706 1.337 87.906 1.549
200709 1.000 87.964 1.158
200712 1.096 88.616 1.260
200803 1.088 90.090 1.230
200806 1.090 92.320 1.203
200809 1.080 92.307 1.192
200812 1.068 88.697 1.227
200903 1.059 89.744 1.202
200906 1.050 91.003 1.175
200909 1.039 91.120 1.161
200912 1.005 91.111 1.124
201003 1.033 91.821 1.146
201006 1.023 91.962 1.133
201009 1.012 92.162 1.119
201012 0.977 92.474 1.076
201103 0.964 94.283 1.041
201106 0.952 95.235 1.018
201109 0.921 95.727 0.980
201112 0.929 95.213 0.994
201203 0.896 96.783 0.943
201206 0.910 96.819 0.957
201209 0.903 97.633 0.942
201212 0.892 96.871 0.938
201303 0.886 98.209 0.919
201306 0.878 98.518 0.908
201309 0.871 98.790 0.898
201312 0.866 98.326 0.897
201403 0.859 99.695 0.878
201406 0.851 100.560 0.862
201409 0.767 100.428 0.778
201412 0.728 99.070 0.749
201503 0.707 99.621 0.723
201506 0.704 100.684 0.712
201509 0.543 100.392 0.551
201512 0.533 99.792 0.544
201603 0.294 100.470 0.298
201606 0.249 101.688 0.249
201609 0.246 101.861 0.246

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


Searchlight Minerals  (OTCPK:SRCH) 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.


Be Aware

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


Searchlight Minerals Cyclically Adjusted Book per Share Related Terms

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


Searchlight Minerals (Searchlight Minerals) Business Description

Traded in Other Exchanges
N/A
Address
2360 West Horizon Ridge Parkway, Suite 100, Henderson, NV, USA, 89052
Searchlight Minerals Corp is a exploration-stage company. It is engaged in the slag reprocessing project and the acquisition and exploration of mineral properties at the Clarkdale Slag Project. The Clarkdale Slag Project located in Arizona is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined at the United Verde Copper Mine in Arizona.
Executives
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Luxor Wavefront, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Thebes Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
John Edward Mack director P.O.BOX 1575, BRECKENRIDGE CO 80424
Thebes Partners Offshore, Ltd. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Thebes Offshore Master Fund, Lp 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Luxor Spectrum Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD, P.O. BOX 309 GT, GEORGE TOWN E9 KY1-1104
Luxor Spectrum Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 29TH FLOOR, NEW YORK NY 10036
Ian R Mcneil director, officer: CEO 3500 LAKESIDE COURT, SUITE 206, RENO NV 89509

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