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Silver Bull Resources (LTS:0L6M) Cyclically Adjusted Book per Share : C$0.54 (As of Jan. 2024)


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What is Silver Bull Resources 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.

Silver Bull Resources's adjusted book value per share for the three months ended in Jan. 2024 was C$0.155. 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 C$0.54 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Silver Bull Resources's average Cyclically Adjusted Book Growth Rate was -25.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -21.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -18.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -13.70% 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 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 Silver Bull Resources was -3.40% per year. The lowest was -21.10% per year. And the median was -10.20% per year.

As of today (2024-06-10), Silver Bull Resources's current stock price is C$0.175. Silver Bull Resources's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.54. Silver Bull Resources's Cyclically Adjusted PB Ratio of today is 0.32.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Silver Bull Resources was 0.26. The lowest was 0.00. And the median was 0.00.


Silver Bull Resources Cyclically Adjusted Book per Share Historical Data

The historical data trend for Silver Bull Resources'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.

Silver Bull Resources Cyclically Adjusted Book per Share Chart

Silver Bull Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.65 1.20 1.31 0.84

Silver Bull Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.84 0.77 1.23 0.84 0.54

Competitive Comparison of Silver Bull Resources's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Silver Bull Resources'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.


Silver Bull Resources's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Silver Bull Resources's Cyclically Adjusted PB Ratio falls into.



Silver Bull Resources 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, Silver Bull Resources's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.155/125.0724*125.0724
=0.155

Current CPI (Jan. 2024) = 125.0724.

Silver Bull Resources Quarterly Data

Book Value per Share CPI Adj_Book
201404 1.642 98.920 2.076
201407 1.566 99.315 1.972
201410 1.543 99.473 1.940
201501 1.630 98.209 2.076
201504 1.628 99.710 2.042
201507 1.658 100.579 2.062
201510 0.578 100.500 0.719
201601 0.595 100.184 0.743
201604 0.520 101.370 0.642
201607 0.510 101.844 0.626
201610 0.509 102.002 0.624
201701 0.473 102.318 0.578
201704 0.451 103.029 0.547
201707 0.409 103.029 0.497
201710 0.376 103.424 0.455
201801 0.273 104.056 0.328
201804 0.303 105.320 0.360
201807 0.453 106.110 0.534
201810 0.425 105.952 0.502
201901 0.441 105.557 0.523
201904 0.488 107.453 0.568
201907 0.428 108.243 0.495
201910 0.382 107.927 0.443
202001 0.395 108.085 0.457
202004 0.409 107.216 0.477
202007 0.374 108.401 0.432
202010 0.362 108.638 0.417
202101 0.321 109.192 0.368
202104 0.294 110.851 0.332
202107 0.270 112.431 0.300
202110 0.291 113.695 0.320
202201 0.283 114.801 0.308
202204 0.199 118.357 0.210
202207 0.206 120.964 0.213
202210 0.229 121.517 0.236
202301 0.213 121.596 0.219
202304 0.196 123.571 0.198
202307 0.175 124.914 0.175
202310 0.162 125.310 0.162
202401 0.155 125.072 0.155

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


Silver Bull Resources  (LTS:0L6M) 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.

Silver Bull Resources's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.175/0.54
=0.32

* 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 Silver Bull Resources was 0.26. 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.


Silver Bull Resources Cyclically Adjusted Book per Share Related Terms

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


Silver Bull Resources (LTS:0L6M) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, Suite 1605, Vancouver, BC, CAN, V7Y 1G6
Silver Bull Resources Inc is an exploration stage company engaged in acquiring and developing mineral properties. The company holds interests in various property concessions in Mexico within a mining district known as the Sierra Mojada District. The main project of the company is the Sierra Mojada Project. Its geographical segments are Mexico, Canada, and Kazakhstan.

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