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Standard Lithium (TSXV:SLI) E10 : C$-0.21 (As of Mar. 2024)


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What is Standard Lithium E10?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Standard Lithium's adjusted earnings per share data for the three months ended in Mar. 2024 was C$-0.060. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is C$-0.21 for the trailing ten years ended in Mar. 2024.

During the past 3 years, the average E10 Growth Rate was -7.70% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Standard Lithium was -7.70% per year. The lowest was -55.00% per year. And the median was -25.85% per year.

As of today (2024-05-26), Standard Lithium's current stock price is C$2.31. Standard Lithium's E10 for the quarter that ended in Mar. 2024 was C$-0.21. Standard Lithium's Shiller PE Ratio of today is .

During the past 13 years, the highest Shiller PE Ratio of Standard Lithium was 7.50. The lowest was 7.50. And the median was 7.50.


Standard Lithium E10 Historical Data

The historical data trend for Standard Lithium's E10 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.

Standard Lithium E10 Chart

Standard Lithium Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.16 -0.19 -0.19 -0.20

Standard Lithium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
E10 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 -0.19 -0.20 -0.21 -0.21 -0.21

Competitive Comparison of Standard Lithium's E10

For the Other Industrial Metals & Mining subindustry, Standard Lithium's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Standard Lithium's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Standard Lithium's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Standard Lithium's Shiller PE Ratio falls into.



Standard Lithium E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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, Standard Lithium's adjusted earnings per share data for the three months ended in Mar. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.06/126.2576*126.2576
=-0.060

Current CPI (Mar. 2024) = 126.2576.

Standard Lithium Quarterly Data

per share eps CPI Adj_EPS
201406 -0.050 99.473 -0.063
201409 -0.050 99.394 -0.064
201412 -0.050 98.367 -0.064
201503 -0.018 99.789 -0.023
201506 -0.018 100.500 -0.023
201509 -0.008 100.421 -0.010
201512 -0.010 99.947 -0.013
201603 -0.010 101.054 -0.012
201606 -0.003 102.002 -0.004
201609 -0.010 101.765 -0.012
201612 -0.012 101.449 -0.015
201703 -0.030 102.634 -0.037
201706 -0.040 103.029 -0.049
201709 -0.200 103.345 -0.244
201712 -0.098 103.345 -0.120
201803 -0.130 105.004 -0.156
201806 0.070 105.557 0.084
201809 -0.070 105.636 -0.084
201812 -0.020 105.399 -0.024
201903 -0.020 106.979 -0.024
201906 0.000 107.690 0.000
201909 -0.010 107.611 -0.012
201912 -0.010 107.769 -0.012
202003 -0.040 107.927 -0.047
202006 -0.050 108.401 -0.058
202009 -0.030 108.164 -0.035
202012 -0.050 108.559 -0.058
202103 -0.070 110.298 -0.080
202106 -0.050 111.720 -0.057
202109 -0.070 112.905 -0.078
202112 -0.060 113.774 -0.067
202203 -0.080 117.646 -0.086
202206 -0.040 120.806 -0.042
202209 -0.010 120.648 -0.010
202212 -0.040 120.964 -0.042
202303 -0.040 122.702 -0.041
202306 -0.160 124.203 -0.163
202309 -0.060 125.230 -0.060
202312 -0.060 125.072 -0.061
202403 -0.060 126.258 -0.060

Add all the adjusted EPS together and divide 10 will get our e10.


Standard Lithium  (TSXV:SLI) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

During the past 13 years, the highest Shiller P/E Ratio of Standard Lithium was 7.50. The lowest was 7.50. And the median was 7.50.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Standard Lithium E10 Related Terms

Thank you for viewing the detailed overview of Standard Lithium's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Standard Lithium (TSXV:SLI) Business Description

Traded in Other Exchanges
Address
1075 West Georgia Street, Suite 1625, Vancouver, BC, CAN, V6E 3C9
Standard Lithium Corp is engaged in the exploration and development of lithium brine properties in the United States. The Company is focused on the exploration and development of the Arkansas Lithium Project is located in south-central Arkansas. Its other projects comprise of Lanxess Project, Tetra project, and Bristol Dry Lake Project.
Executives
Robert Melvin Douglas Cross Director

Standard Lithium (TSXV:SLI) Headlines

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