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Standard Lithium (Standard Lithium) Cyclically Adjusted PB Ratio : 3.76 (As of May. 06, 2024)


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What is Standard Lithium Cyclically Adjusted PB Ratio?

As of today (2024-05-06), Standard Lithium's current share price is $1.28. Standard Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.34. Standard Lithium's Cyclically Adjusted PB Ratio for today is 3.76.

The historical rank and industry rank for Standard Lithium's Cyclically Adjusted PB Ratio or its related term are showing as below:

SLI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.86   Max: 12.07
Current: 4.08

During the past years, Standard Lithium's highest Cyclically Adjusted PB Ratio was 12.07. The lowest was 0.07. And the median was 0.86.

SLI's Cyclically Adjusted PB Ratio is ranked worse than
87.9% of 1611 companies
in the Metals & Mining industry
Industry Median: 0.85 vs SLI: 4.08

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 adjusted book value per share data for the three months ended in Dec. 2023 was $0.634. 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 $0.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Standard Lithium Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Standard Lithium's Cyclically Adjusted PB Ratio 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 PB Ratio Chart

Standard Lithium Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.33 5.72 32.03 20.56 15.61

Standard Lithium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio 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 12.34 14.30 15.61 9.33 6.05

Competitive Comparison of Standard Lithium's Cyclically Adjusted PB Ratio

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 PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.28/0.34
=3.76

* 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.

Standard Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Standard Lithium's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.634/125.4675*125.4675
=0.634

Current CPI (Dec. 2023) = 125.4675.

Standard Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.052 98.604 -0.066
201406 -0.092 99.473 -0.116
201409 -0.089 99.394 -0.112
201412 -0.122 98.367 -0.156
201503 -0.126 99.789 -0.158
201506 -0.143 100.500 -0.179
201509 -0.139 100.421 -0.174
201512 -0.146 99.947 -0.183
201603 -0.161 101.054 -0.200
201606 0.000 102.002 0.000
201609 -0.008 101.765 -0.010
201612 0.127 101.449 0.157
201703 0.227 102.634 0.278
201706 0.266 103.029 0.324
201709 0.160 103.345 0.194
201712 0.148 103.345 0.180
201803 0.324 105.004 0.387
201806 0.000 105.557 0.000
201809 0.297 105.636 0.353
201812 0.298 105.399 0.355
201903 0.330 106.979 0.387
201906 0.330 107.690 0.384
201909 0.327 107.611 0.381
201912 0.317 107.769 0.369
202003 0.401 107.927 0.466
202006 0.319 108.401 0.369
202009 0.302 108.164 0.350
202012 0.445 108.559 0.514
202103 0.425 110.298 0.483
202106 0.415 111.720 0.466
202109 0.370 112.905 0.411
202112 0.888 113.774 0.979
202203 0.836 117.646 0.892
202206 0.829 120.806 0.861
202209 0.808 120.648 0.840
202212 0.755 120.964 0.783
202303 0.719 122.702 0.735
202306 0.694 124.203 0.701
202309 0.664 125.230 0.665
202312 0.634 125.468 0.634

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


Standard Lithium  (AMEX:SLI) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Standard Lithium Cyclically Adjusted PB Ratio Related Terms

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


Standard Lithium (Standard Lithium) Business Description

Traded in Other Exchanges
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 is located in south-central Arkansas. Its other projects comprise of Lanxess Project, Tetra project, and Bristol Dry Lake Project.

Standard Lithium (Standard Lithium) Headlines

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