NILIF (Surge Battery Metals) Cyclically Adjusted Book per Share: $0.04 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NILIF Surge Battery Metals Inc NILIF
33 GF Score
Price $0.72
! 2 Warning Signs
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What is Surge Battery Metals Cyclically Adjusted Book per Share?

Surge Battery Metals NILIF +1.84% 33 Cyclically Adjusted Book per Share is $0.04 as of Jun. 2026. GuruFocus rates NILIF with a GF Score™ of 33/100. The stock has 2 warning signs investors should review.

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.

Surge Battery Metals's adjusted book value per share for the three months ended in Jun. 2026 was $0.192. 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 $0.04 for the trailing ten years ended in Jun. 2026.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -59.70% 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 Surge Battery Metals was -3.10% per year. The lowest was -59.70% per year. And the median was -21.10% per year.

As of today (2026-09-04), Surge Battery Metals's current stock price is $0.72267. Surge Battery Metals's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $0.04. Surge Battery Metals's Cyclically Adjusted PB Ratio of today is 18.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Surge Battery Metals was 15.30. The lowest was 0.00. And the median was 0.00.


Surge Battery Metals  (OTCPK:NILIF) 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.

Surge Battery Metals's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.72267/0.04
=18.07

* 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 Surge Battery Metals was 15.30. 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.


Surge Battery Metals Cyclically Adjusted Book per Share Related Terms


Surge Battery Metals Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Surge Battery Metals'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.

Surge Battery Metals Cyclically Adjusted Book per Share Chart

Surge Battery Metals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.42 0.11 -0.02 0.03

Surge Battery Metals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.01 0.02 0.03 0.04 0.04

Surge Battery Metals Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Surge Battery Metals'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.


Surge Battery Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

* The bar in red indicates where Surge Battery Metals's Cyclically Adjusted PB Ratio falls into.


NILIF
33GF Score
Surge Battery Metals Inc NILIF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Surge Battery Metals 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, Surge Battery Metals's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.192/133.5265*133.5265
=0.192

Current CPI (Jun. 2026) = 133.5265.

Surge Battery Metals Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.031 101.765 -0.041
201612 -0.102 101.449 -0.134
201703 -0.125 102.634 -0.163
201706 -0.138 103.029 -0.179
201709 -0.199 103.345 -0.257
201712 0.168 103.345 0.217
201803 0.164 105.004 0.209
201806 0.130 105.557 0.164
201809 0.119 105.636 0.150
201812 0.089 105.399 0.113
201903 0.066 106.979 0.082
201906 0.067 107.690 0.083
201909 0.087 107.611 0.108
201912 0.026 107.769 0.032
202003 0.017 107.927 0.021
202006 0.008 108.401 0.010
202009 -0.001 108.164 -0.001
202012 -0.006 108.559 -0.007
202103 0.042 110.298 0.051
202106 0.045 111.720 0.054
202109 0.043 112.905 0.051
202112 0.048 113.774 0.056
202203 0.046 117.646 0.052
202206 0.043 120.806 0.048
202209 0.038 120.648 0.042
202212 0.032 120.964 0.035
202303 0.038 122.702 0.041
202306 0.083 124.203 0.089
202309 0.072 125.230 0.077
202312 0.076 125.072 0.081
202403 0.071 126.258 0.075
202406 0.069 127.522 0.072
202409 0.067 127.285 0.070
202412 0.050 127.364 0.052
202503 0.048 129.181 0.050
202506 0.056 129.892 0.058
202509 0.054 130.287 0.055
202512 0.063 130.366 0.065
202603 0.129 132.262 0.130
202606 0.192 133.527 0.192

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

What does a Cyclically Adjusted Book per Share of $0.04 mean?
Surge Battery Metals (NILIF) has a Cyclically Adjusted Book per Share of $0.04 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Surge Battery Metals and its competitors.
Is Surge Battery Metals' Cyclically Adjusted Book per Share too high?
Surge Battery Metals' current Cyclically Adjusted Book per Share is $0.04. Overall, Surge Battery Metals has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Surge Battery Metals' Cyclically Adjusted Book per Share compare to competitors?
Surge Battery Metals' Cyclically Adjusted Book per Share of $0.04 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Metals & Mining company?
A good Cyclically Adjusted Book per Share depends on the Metals & Mining industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Surge Battery Metals and its competitors. Surge Battery Metals's current Cyclically Adjusted Book per Share is $0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surge Battery Metals stock overvalued right now?
Surge Battery Metals (NILIF) has a current Cyclically Adjusted Book per Share of $0.04. The current Cyclically Adjusted Book per Share is $0.04. Surge Battery Metals' overall GF Score™ is 33/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Surge Battery Metals (NILIF), the current Cyclically Adjusted Book per Share is $0.04 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Surge Battery Metals Business Description

Other Exchanges DJ5:GermanyNILI:Canada
Address 300 -1455 Bellevue Avenue, West Vancouver, BC, CAN, V7T 1C3
Surge Battery Metals Inc is an exploration stage company engaged in the acquisition, exploration and development of mineral properties carried out in Canada and USA. Its project include Nevada North Lithium Project and San Emidio Lithium Project.
33GF Score

Get the complete analysis for NILIF

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.72
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