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Sigma Lithium (TSXV:SGML) Cyclically Adjusted Book per Share : C$0.55 (As of Sep. 2023)


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What is Sigma 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.

Sigma Lithium's adjusted book value per share for the three months ended in Sep. 2023 was C$1.999. 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$0.55 for the trailing ten years ended in Sep. 2023.

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.

As of today (2024-04-28), Sigma Lithium's current stock price is C$19.52. Sigma Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was C$0.55. Sigma Lithium's Cyclically Adjusted PB Ratio of today is 35.49.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Sigma Lithium was 79.27. The lowest was 28.11. And the median was 57.10.


Sigma Lithium Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sigma 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.

Sigma Lithium Cyclically Adjusted Book per Share Chart

Sigma Lithium Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.33 0.43

Sigma Lithium Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 0.43 0.47 0.50 0.55

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

For the Other Industrial Metals & Mining subindustry, Sigma 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.


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

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

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



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

Adj_Book= Book Value per Share /CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.999/155.4635*155.4635
=1.999

Current CPI (Sep. 2023) = 155.4635.

Sigma Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201310 0.115 87.244 0.205
201401 0.002 89.008 0.003
201404 -0.059 91.053 -0.101
201407 -0.111 91.847 -0.188
201410 0.486 92.991 0.813
201501 0.462 95.362 0.753
201504 0.446 98.494 0.704
201507 0.422 100.626 0.652
201510 0.250 102.223 0.380
201601 0.105 105.571 0.155
201604 0.010 107.632 0.014
201607 -0.002 109.417 -0.003
201610 0.012 110.272 0.017
201701 -0.012 111.223 -0.017
201704 0.122 112.026 0.169
201707 0.096 112.384 0.133
201710 0.052 113.251 0.071
201803 -0.051 114.868 -0.069
201806 0.192 117.038 0.255
201809 0.173 117.881 0.228
201812 0.170 118.340 0.223
201903 0.153 120.124 0.198
201906 0.139 120.977 0.179
201909 0.126 121.292 0.161
201912 0.127 123.436 0.160
202003 0.106 124.092 0.133
202006 0.097 123.557 0.122
202009 0.299 125.095 0.372
202012 0.280 129.012 0.337
202103 0.695 131.660 0.821
202106 0.698 133.871 0.811
202109 0.683 137.913 0.770
202112 1.861 141.992 2.038
202203 1.884 146.537 1.999
202206 1.778 149.784 1.845
202209 0.000 147.800 0.000
202212 1.749 150.207 1.810
202303 1.653 153.352 1.676
202306 1.622 154.519 1.632
202309 1.999 155.464 1.999

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


Sigma Lithium  (TSXV:SGML) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.52/0.55
=35.49

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Sigma Lithium was 79.27. The lowest was 28.11. And the median was 57.10.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Sigma Lithium Cyclically Adjusted Book per Share Related Terms

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


Sigma Lithium (TSXV:SGML) Business Description

Traded in Other Exchanges
Address
Avenida Nove de Julho 4939, 9th Floor, Torre Europa, Itaim, Sao Paulo, SP, BRA, 01407-200
Sigma Lithium Corp is dedicated to powering the next generation of electric vehicle batteries with environmentally sustainable and high-purity lithium. The company is in construction at its wholly owned Grota do Cirilo Project in Brazil, one of the largest and highest-grade hard rock lithium spodumene deposits in the Americas. It is committed to strong ESG practices and is aiming to be net zero emissions by 2024. Its green-friendly processing plant will use 100% renewable energy, 100% recycled water and 100% dry-stack tailings.

Sigma Lithium (TSXV:SGML) Headlines

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