GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Li3 Lithium Corp (TSXV:LILI) » Definitions » Cyclically Adjusted Book per Share

Li3 Lithium (TSXV:LILI) Cyclically Adjusted Book per Share : C$0.04 (As of Nov. 2023)


View and export this data going back to 1988. Start your Free Trial

What is Li3 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.

Li3 Lithium's adjusted book value per share for the three months ended in Nov. 2023 was C$0.004. 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$0.04 for the trailing ten years ended in Nov. 2023.

During the past 12 months, Li3 Lithium's average Cyclically Adjusted Book Growth Rate was -60.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -60.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -53.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -36.00% 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 Li3 Lithium was -5.10% per year. The lowest was -60.10% per year. And the median was -20.00% per year.

As of today (2024-06-20), Li3 Lithium's current stock price is C$0.025. Li3 Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was C$0.04. Li3 Lithium's Cyclically Adjusted PB Ratio of today is 0.63.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Li3 Lithium was 1.50. The lowest was 0.00. And the median was 0.00.


Li3 Lithium Cyclically Adjusted Book per Share Historical Data

The historical data trend for Li3 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.

Li3 Lithium Cyclically Adjusted Book per Share Chart

Li3 Lithium Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 0.63 0.19 0.10 0.04

Li3 Lithium Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.10 0.07 0.06 0.05 0.04

Competitive Comparison of Li3 Lithium's Cyclically Adjusted Book per Share

For the Other Industrial Metals & Mining subindustry, Li3 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.


Li3 Lithium's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Li3 Lithium's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Li3 Lithium's Cyclically Adjusted PB Ratio falls into.



Li3 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, Li3 Lithium's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book= Book Value per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=0.004/125.4675*125.4675
=0.004

Current CPI (Nov. 2023) = 125.4675.

Li3 Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201402 0.288 98.051 0.369
201405 0.215 99.394 0.271
201408 0.154 99.315 0.195
201411 0.118 99.078 0.149
201502 0.098 99.078 0.124
201505 0.045 100.263 0.056
201508 0.009 100.579 0.011
201511 -0.175 100.421 -0.219
201602 -0.215 100.421 -0.269
201605 -0.244 101.765 -0.301
201608 -0.279 101.686 -0.344
201611 0.330 101.607 0.407
201702 0.322 102.476 0.394
201705 0.253 103.108 0.308
201708 0.130 103.108 0.158
201711 -0.027 103.740 -0.033
201802 0.017 104.688 0.020
201805 -0.011 105.399 -0.013
201808 -0.018 106.031 -0.021
201811 -0.035 105.478 -0.042
201902 -0.052 106.268 -0.061
201905 -0.022 107.927 -0.026
201908 -0.018 108.085 -0.021
201911 -0.008 107.769 -0.009
202002 -0.005 108.559 -0.006
202005 -0.024 107.532 -0.028
202008 0.031 108.243 0.036
202011 0.037 108.796 0.043
202102 0.031 109.745 0.035
202105 0.030 111.404 0.034
202108 0.030 112.668 0.033
202111 0.013 113.932 0.014
202202 0.034 115.986 0.037
202205 0.031 120.016 0.032
202208 0.017 120.569 0.018
202211 0.043 121.675 0.044
202302 0.042 122.070 0.043
202305 0.022 124.045 0.022
202308 0.007 125.389 0.007
202311 0.004 125.468 0.004

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


Li3 Lithium  (TSXV:LILI) 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.

Li3 Lithium's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.025/0.04
=0.63

* 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 Li3 Lithium was 1.50. 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.


Li3 Lithium Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Li3 Lithium's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Li3 Lithium (TSXV:LILI) Business Description

Industry
Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Li3 Lithium Corp is focused on acquiring and developing hard rock spodumene lithium assets in Zimbabwe and Argentina. It focuses on HardRock Lithium and Mutare Lithium projects.

Li3 Lithium (TSXV:LILI) Headlines

No Headlines