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LSB Industries (LSB Industries) Cyclically Adjusted Book per Share : $11.51 (As of Dec. 2023)


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What is LSB Industries 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.

LSB Industries's adjusted book value per share for the three months ended in Dec. 2023 was $7.089. 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 $11.51 for the trailing ten years ended in Dec. 2023.

During the past 12 months, LSB Industries's average Cyclically Adjusted Book Growth Rate was -4.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.00% 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 LSB Industries was 100.10% per year. The lowest was -61.90% per year. And the median was 3.35% per year.

As of today (2024-04-27), LSB Industries's current stock price is $8.21. LSB Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.51. LSB Industries's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of LSB Industries was 6.97. The lowest was 0.07. And the median was 0.74.


LSB Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for LSB Industries'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.

LSB Industries Cyclically Adjusted Book per Share Chart

LSB Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.98 11.95 12.11 12.07 11.51

LSB Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.07 12.06 11.97 11.84 11.51

Competitive Comparison of LSB Industries's Cyclically Adjusted Book per Share

For the Chemicals subindustry, LSB Industries'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.


LSB Industries's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, LSB Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



LSB Industries 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, LSB Industries'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)
=7.089/129.4194*129.4194
=7.089

Current CPI (Dec. 2023) = 129.4194.

LSB Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.366 99.695 18.649
201406 14.734 100.560 18.963
201409 14.617 100.428 18.837
201412 14.641 99.070 19.126
201503 14.858 99.621 19.302
201506 14.881 100.684 19.128
201509 13.759 100.392 17.737
201512 13.762 99.792 17.848
201603 12.742 100.470 16.413
201606 11.062 101.688 14.079
201609 14.248 101.861 18.103
201612 13.317 101.863 16.920
201703 12.960 102.862 16.306
201706 12.611 103.349 15.792
201709 11.976 104.136 14.884
201712 11.697 104.011 14.554
201803 11.370 105.290 13.976
201806 10.472 106.317 12.748
201809 9.610 106.507 11.677
201812 9.046 105.998 11.045
201903 8.551 107.251 10.319
201906 8.531 108.070 10.216
201909 7.496 108.329 8.955
201912 6.420 108.420 7.663
202003 5.683 108.902 6.754
202006 5.448 108.767 6.482
202009 4.677 109.815 5.512
202012 3.862 109.897 4.548
202103 3.176 111.754 3.678
202106 3.504 114.631 3.956
202109 4.720 115.734 5.278
202112 5.128 117.630 5.642
202203 5.783 121.301 6.170
202206 6.857 125.017 7.098
202209 6.416 125.227 6.631
202212 6.761 125.222 6.988
202303 6.955 127.348 7.068
202306 7.257 128.729 7.296
202309 7.161 129.860 7.137
202312 7.089 129.419 7.089

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


LSB Industries  (NYSE:LXU) 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.

LSB Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.21/11.51
=0.71

* 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 LSB Industries was 6.97. The lowest was 0.07. And the median was 0.74.


Be Aware

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


LSB Industries Cyclically Adjusted Book per Share Related Terms

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


LSB Industries (LSB Industries) Business Description

Industry
Traded in Other Exchanges
Address
3503 North West 63rd Street, Suite 500, Oklahoma City, OK, USA, 73116
LSB Industries Inc is engaged in the manufacturing and sale of chemical products in the United States. The company manufactures and sells chemical products for the agricultural, industrial, and mining markets. Its products include ammonia, fertilizer grade ammonium nitrate (AN and HDAN), and urea ammonia nitrate (UAN) for agricultural applications; high purity and commercial grade ammonia, sulfuric acids, concentrated, blended, and regular nitric acid, mixed nitrating acids, carbon dioxide, and diesel exhaust fluid for industrial applications; and industrial grade AN (LDAN) and AN solutions for mining applications. Its products are sold through distributors and directly to end customers throughout the United States.
Executives
Lsb Funding Llc 10 percent owner 350 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Sbt Investors Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Todd L Boehly 10 percent owner 600 STEAMBOAT ROAD, GREENWICH CT 06830
Diana M Peninger director 3503 NW 63RD ST, SUITE 500, OKLAHOMA CITY OK 73116
Steven L Packebush director 3503 NW 63RD STREET, SUITE 500, OKLAHOMA CITY OK 73116-2238
Damien Renwick officer: Chief Commercial Officer 3503 NW 63RD STREET, SUITE 500, OKLAHOMA CITY OK 73116
Kristy Carver officer: V Pres-Corporate Taxation 16 SOUTH PENNSYLVANIA AVENUE, OKLAHOMA CITY OK 73107
Lynn F White director C/O CF INDUSTRIES HOLDINGS, INC., 4 PARKWAY NORTH, SUITE 400, DEERFIELD IL 60015
Harold L Rieker officer: Vice President/Prin Acctg Off 16 SOUTH PENNSYLVANIA AVENUE, OKLAHOMA CITY OK 73107
John Burns officer: Executive Vice President-Mfg 3503 NW 63RD ST, SUITE 500, OKLAHOMA CITY OK 73116
Mark T Behrman officer: SR. VP-Corporate Development
Richard Roedel director 164 WEST RD, NEW CANAAN CT 06840
Cheryl Maguire officer: Sr. VP/CFO 3503 NW 63RD ST, SUITE 500, OKLAHOMA CITY OK 73116
Kanna Kitamura director 350 PARK AVENUE, 14TH FLOOR, NEW YORK NY 10022
Sanders Richard S Jr director 16 SOUTH PENNSYLVANIA AVENUE, OKLAHOMA CITY OK 73107

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