Emerita Resources (STU:LLJ) Cyclically Adjusted Book per Share: €0.04 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

STU:LLJ Emerita Resources Corp STU:LLJ
32 GF Score
Price €0.21
! 1 Warning Sign
View Full Analysis

What is Emerita Resources Cyclically Adjusted Book per Share?

Emerita Resources STU:LLJ +0.24% 32 Cyclically Adjusted Book per Share is €0.04 as of Mar. 2026. GuruFocus rates STU:LLJ with a GF Score™ of 32/100. The stock has 1 warning sign 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.

Emerita Resources's adjusted book value per share for the three months ended in Mar. 2026 was €0.145. 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 Mar. 2026.

During the past 12 months, Emerita Resources's average Cyclically Adjusted Book Growth Rate was 50.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -15.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -20.50% 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 Emerita Resources was -15.70% per year. The lowest was -30.70% per year. And the median was -24.60% per year.

As of today (2026-07-14), Emerita Resources's current stock price is €0.206. Emerita Resources's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €0.04. Emerita Resources's Cyclically Adjusted PB Ratio of today is 5.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Emerita Resources was 4.95. The lowest was 0.00. And the median was 0.00.


Emerita Resources  (STU:LLJ) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.206/0.04
=5.15

* 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 Emerita Resources was 4.95. 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.


Emerita Resources Cyclically Adjusted Book per Share Related Terms


Emerita Resources Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Emerita 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.

Emerita Resources Cyclically Adjusted Book per Share Chart

Emerita Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.07 0.04 0.03 0.04

Emerita Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.03 0.03 0.04 0.04 0.04

Emerita Resources Cyclically Adjusted Book per Share Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Emerita 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.


Emerita Resources Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


STU:LLJ
32GF Score
Emerita Resources Corp STU:LLJ
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Emerita 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, Emerita Resources's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.145/132.2623*132.2623
=0.145

Current CPI (Mar. 2026) = 132.2623.

Emerita Resources Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.022 102.002 0.029
201609 0.006 101.765 0.008
201612 -0.008 101.449 -0.010
201703 0.004 102.634 0.005
201706 0.013 103.029 0.017
201709 -0.050 103.345 -0.064
201712 0.063 103.345 0.081
201803 0.052 105.004 0.065
201806 0.043 105.557 0.054
201809 -0.042 105.636 -0.053
201812 -0.015 105.399 -0.019
201903 -0.024 106.979 -0.030
201906 0.004 107.690 0.005
201909 -0.025 107.611 -0.031
201912 -0.030 107.769 -0.037
202003 -0.031 107.927 -0.038
202006 -0.034 108.401 -0.041
202009 -0.004 108.164 -0.005
202012 0.019 108.559 0.023
202103 0.029 110.298 0.035
202106 0.034 111.720 0.040
202109 0.097 112.905 0.114
202112 0.100 113.774 0.116
202203 0.101 117.646 0.114
202206 0.093 120.806 0.102
202209 0.077 120.648 0.084
202212 0.056 120.964 0.061
202303 0.037 122.702 0.040
202306 0.047 124.203 0.050
202309 0.117 125.230 0.124
202312 0.025 125.072 0.026
202403 0.016 126.258 0.017
202406 0.020 127.522 0.021
202409 0.114 127.285 0.118
202412 0.113 127.364 0.117
202503 0.121 129.181 0.124
202506 0.116 129.892 0.118
202509 0.151 130.287 0.153
202512 0.149 130.366 0.151
202603 0.145 132.262 0.145

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?
Emerita Resources (STU:LLJ) has a Cyclically Adjusted Book per Share of €0.04 as of Mar. 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 Emerita Resources and its competitors.
Is Emerita Resources' Cyclically Adjusted Book per Share too high?
Emerita Resources' current Cyclically Adjusted Book per Share is €0.04. Overall, Emerita Resources has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Emerita Resources' Cyclically Adjusted Book per Share compare to competitors?
Emerita Resources' 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 Emerita Resources and its competitors. Emerita Resources'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 Emerita Resources stock overvalued right now?
Emerita Resources (STU:LLJ) has a current Cyclically Adjusted Book per Share of €0.04. The current Cyclically Adjusted Book per Share is €0.04. Emerita Resources' overall GF Score™ is 32/100 with 1 warning sign 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 Emerita Resources (STU:LLJ), the current Cyclically Adjusted Book per Share is €0.04 as of Mar. 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.

Emerita Resources Business Description

Address 36 Lombard Street, Floor 4, Toronto, ON, CAN, M5C 2X3
Emerita Resources Corp. is a natural resource company engaged in the acquisition, exploration, research and development of prospective mining properties in the Iberian Pyrite Belt (Spain) with a focus on traditional base metals (zinc, lead and copper) and precious metals (silver and gold). The Company has a 100% interest in the Iberian Belt West (IBW) project. It also holds the Nuevo Tintillo project, both located in the Iberian Pyrite Belt in southern Spain.
32GF Score

Get the complete analysis for STU:LLJ

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

€0.21
Price