GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Standard Lithium Corp (AMEX:SLI) » Definitions » Cyclically Adjusted Book per Share

SLI (Standard Lithium) Cyclically Adjusted Book per Share : $0.42 (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Standard 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.

Standard Lithium's adjusted book value per share for the three months ended in Sep. 2024 was $1.329. 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 $0.42 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Standard Lithium's average Cyclically Adjusted Book Growth Rate was 37.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 28.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -16.70% 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 Standard Lithium was 28.30% per year. The lowest was -32.70% per year. And the median was -19.60% per year.

As of today (2025-04-30), Standard Lithium's current stock price is $1.4205. Standard Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $0.42. Standard Lithium's Cyclically Adjusted PB Ratio of today is 3.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Standard Lithium was 3.59. The lowest was 0.00. And the median was 0.00.


Standard Lithium Cyclically Adjusted Book per Share Historical Data

The historical data trend for Standard 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.

Standard Lithium Cyclically Adjusted Book per Share Chart

Standard Lithium Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.14 0.13 0.21 0.29

Standard Lithium Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.33 0.33 0.37 0.42 -

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

For the Other Industrial Metals & Mining subindustry, Standard 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.


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

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

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


;
;

Standard 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, Standard 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)
=1.329/127.2847*127.2847
=1.329

Current CPI (Sep. 2024) = 127.2847.

Standard Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201412 -0.121 98.367 -0.157
201503 -0.125 99.789 -0.159
201506 -0.142 100.500 -0.180
201509 -0.138 100.421 -0.175
201512 -0.145 99.947 -0.185
201603 -0.164 101.054 -0.207
201606 0.000 102.002 0.000
201609 -0.008 101.765 -0.010
201612 0.126 101.449 0.158
201703 0.228 102.634 0.283
201706 0.272 103.029 0.336
201709 0.159 103.345 0.196
201712 0.151 103.345 0.186
201803 0.324 105.004 0.393
201806 0.313 105.557 0.377
201809 0.299 105.636 0.360
201812 0.294 105.399 0.355
201903 0.330 106.979 0.393
201906 0.334 107.690 0.395
201909 0.327 107.611 0.387
201912 0.320 107.769 0.378
202003 0.394 107.927 0.465
202006 0.316 108.401 0.371
202009 0.298 108.164 0.351
202012 0.447 108.559 0.524
202103 0.423 110.298 0.488
202106 0.409 111.720 0.466
202109 0.368 112.905 0.415
202112 0.891 113.774 0.997
202203 0.848 117.646 0.917
202206 0.823 120.806 0.867
202209 0.788 120.648 0.831
202212 0.756 120.964 0.796
202303 0.728 122.702 0.755
202306 0.696 124.203 0.713
202309 0.661 125.230 0.672
202312 0.641 125.072 0.652
202403 0.647 126.258 0.652
202406 1.351 127.522 1.348
202409 1.329 127.285 1.329

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


Standard Lithium  (AMEX:SLI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.4205/0.42
=3.38

* 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 Standard Lithium was 3.59. 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.


Standard Lithium Cyclically Adjusted Book per Share Related Terms

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


Standard Lithium Business Description

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, which is located in south-central Arkansas. Its other projects comprise the Lanxess Project, and Bristol Dry Lake Project.