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EEMMF (E3 Lithium) Cyclically Adjusted Book per Share : $0.19 (As of Sep. 2024)


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What is E3 Lithium 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.

E3 Lithium's adjusted book value per share for the three months ended in Sep. 2024 was $0.514. 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 $0.19 for the trailing ten years ended in Sep. 2024.

During the past 12 months, E3 Lithium's average Cyclically Adjusted Book Growth Rate was 47.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.20% 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 E3 Lithium was 22.90% per year. The lowest was -55.00% per year. And the median was -2.50% per year.

As of today (2025-01-19), E3 Lithium's current stock price is $0.6767. E3 Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $0.19. E3 Lithium's Cyclically Adjusted PB Ratio of today is 3.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of E3 Lithium was 22.88. The lowest was 0.00. And the median was 0.00.


E3 Lithium Cyclically Adjusted Book per Share Historical Data

The historical data trend for E3 Lithium'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.

E3 Lithium Cyclically Adjusted Book per Share Chart

E3 Lithium 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 0.11 0.13 0.10 0.09 0.14

E3 Lithium Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.13 0.14 0.15 0.17 0.19

Competitive Comparison of E3 Lithium's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, E3 Lithium'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.


E3 Lithium's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, E3 Lithium's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where E3 Lithium's Cyclically Adjusted PB Ratio falls into.



E3 Lithium 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, E3 Lithium's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.514/127.2847*127.2847
=0.514

Current CPI (Sep. 2024) = 127.2847.

E3 Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201412 -0.050 98.367 -0.065
201503 -0.057 99.789 -0.073
201506 -0.067 100.500 -0.085
201509 -0.069 100.421 -0.087
201512 -0.077 99.947 -0.098
201603 -0.086 101.054 -0.108
201606 -0.084 102.002 -0.105
201609 -0.089 101.765 -0.111
201612 -0.097 101.449 -0.122
201703 -0.016 102.634 -0.020
201706 0.086 103.029 0.106
201709 0.111 103.345 0.137
201712 0.109 103.345 0.134
201803 0.103 105.004 0.125
201806 0.089 105.557 0.107
201809 0.105 105.636 0.127
201812 0.099 105.399 0.120
201903 0.099 106.979 0.118
201906 0.099 107.690 0.117
201909 0.080 107.611 0.095
201912 0.112 107.769 0.132
202003 0.114 107.927 0.134
202006 0.111 108.401 0.130
202009 0.105 108.164 0.124
202012 0.189 108.559 0.222
202103 0.300 110.298 0.346
202106 0.300 111.720 0.342
202109 0.283 112.905 0.319
202112 0.338 113.774 0.378
202203 0.333 117.646 0.360
202206 0.325 120.806 0.342
202209 0.390 120.648 0.411
202212 0.390 120.964 0.410
202303 0.381 122.702 0.395
202306 0.418 124.203 0.428
202309 0.576 125.230 0.585
202312 0.567 125.072 0.577
202403 0.549 126.258 0.553
202406 0.526 127.522 0.525
202409 0.514 127.285 0.514

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


E3 Lithium  (OTCPK:EEMMF) 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.

E3 Lithium's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.6767/0.19
=3.56

* 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 E3 Lithium was 22.88. 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.


E3 Lithium Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of E3 Lithium's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


E3 Lithium Business Description

Industry
Traded in Other Exchanges
Address
300 - 5th Avenue SW, Suite 1520, Calgary, AB, CAN, T2P 3C4
E3 Lithium Ltd is a resource company with mineral properties in Alberta that is currently focused on technology development for lithium extraction from Alberta brines. It is engaged in the exploration of Clearwater and covering the Leduc Reservoir in south-central Alberta. The company's properties can be further sub-divided into five separate sub-properties namely Clearwater Sub-Property, Exshaw Sub-Property, Rocky Sub-Property, Sunbreaker Sub-Property and Drumheller Sub-Property.