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Leading Edge Materials (OSTO:LEMSE) Cyclically Adjusted Book per Share : kr2.04 (As of Jan. 2025)


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What is Leading Edge Materials 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.

Leading Edge Materials's adjusted book value per share for the three months ended in Jan. 2025 was kr0.750. 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 kr2.04 for the trailing ten years ended in Jan. 2025.

During the past 12 months, Leading Edge Materials's average Cyclically Adjusted Book Growth Rate was -11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -7.90% 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 Leading Edge Materials was -3.30% per year. The lowest was -7.90% per year. And the median was -5.60% per year.

As of today (2025-05-20), Leading Edge Materials's current stock price is kr1.41. Leading Edge Materials's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was kr2.04. Leading Edge Materials's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Leading Edge Materials was 0.84. The lowest was 0.00. And the median was 0.00.


Leading Edge Materials Cyclically Adjusted Book per Share Historical Data

The historical data trend for Leading Edge Materials'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.

Leading Edge Materials Cyclically Adjusted Book per Share Chart

Leading Edge Materials Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 2.24 2.78 2.33 2.05

Leading Edge Materials Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 2.23 2.19 2.06 2.05 2.04

Competitive Comparison of Leading Edge Materials's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Leading Edge Materials'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.


Leading Edge Materials's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Leading Edge Materials's Cyclically Adjusted PB Ratio falls into.


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Leading Edge Materials 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, Leading Edge Materials's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book= Book Value per Share /CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=0.75/127.4427*127.4427
=0.750

Current CPI (Jan. 2025) = 127.4427.

Leading Edge Materials Quarterly Data

Book Value per Share CPI Adj_Book
201504 2.080 99.710 2.659
201507 1.876 100.579 2.377
201510 1.718 100.500 2.179
201601 1.548 100.184 1.969
201604 1.568 101.370 1.971
201607 1.563 101.844 1.956
201610 2.272 102.002 2.839
201701 2.289 102.318 2.851
201704 2.274 103.029 2.813
201707 2.165 103.029 2.678
201710 2.090 103.424 2.575
201801 2.032 104.056 2.489
201804 2.038 105.320 2.466
201807 2.008 106.110 2.412
201810 2.031 105.952 2.443
201901 1.885 105.557 2.276
201904 1.907 107.453 2.262
201907 1.935 108.243 2.278
201910 1.280 107.927 1.511
202001 1.093 108.085 1.289
202004 1.053 107.216 1.252
202007 1.149 108.401 1.351
202010 0.900 108.638 1.056
202101 0.848 109.192 0.990
202104 0.936 110.851 1.076
202107 0.897 112.431 1.017
202110 0.882 113.695 0.989
202201 0.937 114.801 1.040
202204 0.939 118.357 1.011
202207 0.971 120.964 1.023
202210 0.976 121.517 1.024
202301 0.894 121.596 0.937
202304 0.861 123.571 0.888
202307 0.876 124.914 0.894
202310 0.883 125.310 0.898
202401 0.818 125.072 0.834
202404 0.817 126.890 0.821
202407 0.773 128.075 0.769
202410 0.760 127.838 0.758
202501 0.750 127.443 0.750

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


Leading Edge Materials  (OSTO:LEMSE) 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.

Leading Edge Materials's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.41/2.04
=0.69

* 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 Leading Edge Materials was 0.84. 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.


Leading Edge Materials Cyclically Adjusted Book per Share Related Terms

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


Leading Edge Materials Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Leading Edge Materials Corp is a Canadian exploration company that explores and develops resource properties in Sweden and Finland. The company has corporate operations in Canada. Its properties include the Woxna Graphite Mine in central Sweden, the Norra Karr Mine, a rare earth element resource in south-central Sweden, and the Romania Nickel-cobalt project.

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