GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SL Industries Inc (AMEX:SLI) » Definitions » Cyclically Adjusted Book per Share

SL Industries (SL Industries) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2016)


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

What is SL 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.

SL Industries's adjusted book value per share for the three months ended in Mar. 2016 was $19.706. 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 Mar. 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 (2024-04-28), SL Industries's current stock price is $39.99. SL Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2016 was $0.00. SL Industries's Cyclically Adjusted PB Ratio of today is .


SL Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for SL 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.

SL Industries Cyclically Adjusted Book per Share Chart

SL Industries Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

SL Industries Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 - - - - -

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

For the Electronic Components subindustry, SL 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.


SL Industries's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, SL Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SL 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, SL Industries's adjusted Book Value per Share data for the three months ended in Mar. 2016 was:

Adj_Book= Book Value per Share /CPI of Mar. 2016 (Change)*Current CPI (Mar. 2016)
=19.706/100.4704*100.4704
=19.706

Current CPI (Mar. 2016) = 100.4704.

SL Industries Quarterly Data

Book Value per Share CPI Adj_Book
200606 8.882 85.606 10.424
200609 9.174 85.606 10.767
200612 8.940 85.142 10.550
200703 9.238 86.640 10.713
200706 9.708 87.906 11.096
200709 10.233 87.964 11.688
200712 10.537 88.616 11.947
200803 10.730 90.090 11.966
200806 11.002 92.320 11.973
200809 11.000 92.307 11.973
200812 11.039 88.697 12.504
200903 10.975 89.744 12.287
200906 10.818 91.003 11.943
200909 11.092 91.120 12.230
200912 11.269 91.111 12.427
201003 11.509 91.821 12.593
201006 11.671 91.962 12.751
201009 11.981 92.162 13.061
201012 10.533 92.474 11.444
201103 11.316 94.283 12.059
201106 12.298 95.235 12.974
201109 12.835 95.727 13.471
201112 12.447 95.213 13.134
201203 12.729 96.783 13.214
201206 12.928 96.819 13.416
201209 13.530 97.633 13.923
201212 12.185 96.871 12.638
201303 12.901 98.209 13.198
201306 13.299 98.518 13.563
201309 14.034 98.790 14.273
201312 14.342 98.326 14.655
201403 14.899 99.695 15.015
201406 16.055 100.560 16.041
201409 16.724 100.428 16.731
201412 18.659 99.070 18.923
201503 18.844 99.621 19.005
201506 18.668 100.684 18.628
201509 18.910 100.392 18.925
201512 19.440 99.792 19.572
201603 19.706 100.470 19.706

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


SL Industries  (AMEX:SLI) 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.


SL Industries Cyclically Adjusted Book per Share Related Terms

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


SL Industries (SL Industries) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » SL Industries Inc (AMEX:SLI) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
N/A
Address
SL Industries Inc was incorporated as G-L Electronics Company in the state of New Jersey on March 29, 1956. The Companys name was changed to G-L Industries, Inc. in November 1963; SGL Industries, Inc. in November 1970; and then to the present name of SL Industries, Inc. in September 1984. The Company through its subsidiaries, designs, manufactures and markets power electronics, motion control, power protection, power quality, and specialized communication equipment that is used in a variety of medical, commercial and military aerospace, solar, computer, datacom, industrial, telecom, transportation, utility, rail and highway equipment applications. Its products are generally incorporated into larger systems to improve operating performance, safety, reliability and efficiency. The Companys products are largely sold to Original Equipment Manufacturers (OEMs), the utility industry and, to a lesser extent, to commercial distributors. The Company currently operates under four business segments: SL Power Electronics Corp. (SLPE), the High Power Group, SL Montevideo Technology, Inc. (SL-MTI) and RFL Electronics Inc. (RFL). TEAL Electronics Corp. (TEAL) and MTE Corporation (MTE) are combined into one business segment, which is reported as the High Power Group. SL Power Electronics Corp. designs, manufactures and markets high-reliability power conversion products in internal and external footprints. The Companys power supplies provide a reliable and safe power source for the customers specific equipment needs. SLPE, which sells products under three brand names (SL Power Electronics, Condor and Ault), is a supplier to the OEMs of medical, industrial/instrumentation, LED, and information technology equipment. The High Power Group sells products under two brand names: TEAL and MTE. TEAL designs and manufactures power quality products that include noise suppression isolation transformers, power conditioned distribution systems, voltage regulators, and high level integrated cabinets with preinstalled prewired power quality and distribution components. TEAL sells to OEMs of medical imaging, medical treatment, military aerospace, semiconductor, solar, and simulation systems. MTE designs and manufactures power quality solutions used to protect electrical equipment, bring harmonics into compliance, and improve the efficiency of variable speed motor drive systems. MTEs standard product lines include: harmonic filters, three-phase AC reactors, DC link chokes, and motor protection filters. TEAL and MTE also design and build customer specific and custom products for special applications. These products are typically used in industrial plants, renewable energy facilities, and commercial buildings. SL-MTI designs and manufactures high power density precision motors that are used in numerous mission critical applications, including military and commercial aerospace, oil and gas, medical, and industrial products. RFL designs and manufactures communication
Executives
Fejes William Theodore Jr officer: President and CEO 440 NORTH FIFTH AVENUE, CHAMBERSBURG PA 17201
James A Risher director 8609 SIX FORKS RD, RALEIGH NC 27615
Louis J Belardi officer: CFO, Secretary and Treasurer 520 FELLOWSHIP ROAD, SUITE A114, MT. LAUREL NJ 08054
Glen M Kassan director, other: See Explanation of Responses C/O STEEL PARTNERS, 590 MADISON AVE, NEW YORK NY 10022
Warren G Lichtenstein director, other: See Explanation of Responses C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Mark E Schwarz director 5420 LYNDON B. JOHNSON FREEWAY, SUITE 1100, DALLAS TX 75240
Avrum Gray director 440 S LASALLE ST STE 650, CHIACAGO IL 60605
Sph Group Holdings Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc 10 percent owner C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings L.p. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Llc 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Ii Lp 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
James R Henderson other: Former Director as of 3/30/10
Steel Partners Llc 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022

SL Industries (SL Industries) Headlines

From GuruFocus