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Lithium One Metals (TSXV:LONE) Cyclically Adjusted PB Ratio : 0.25 (As of Jun. 11, 2024)


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What is Lithium One Metals Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Lithium One Metals's current share price is C$0.03. Lithium One Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.12. Lithium One Metals's Cyclically Adjusted PB Ratio for today is 0.25.

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

TSXV:LONE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.96
Current: 0.25

During the past years, Lithium One Metals's highest Cyclically Adjusted PB Ratio was 1.96. The lowest was 0.00. And the median was 0.00.

TSXV:LONE's Cyclically Adjusted PB Ratio is ranked better than
77.13% of 1635 companies
in the Metals & Mining industry
Industry Median: 0.86 vs TSXV:LONE: 0.25

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.

Lithium One Metals's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.113. 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$0.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lithium One Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lithium One Metals'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.

Lithium One Metals Cyclically Adjusted PB Ratio Chart

Lithium One Metals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.45 1.00 1.29 3.58

Lithium One Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.10 3.58 1.70 0.66 0.29

Competitive Comparison of Lithium One Metals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Lithium One Metals'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.


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

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

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



Lithium One Metals 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.12
=0.25

* 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.

Lithium One Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lithium One Metals's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.113/126.2576*126.2576
=0.113

Current CPI (Mar. 2024) = 126.2576.

Lithium One Metals Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.174 99.473 0.221
201409 0.179 99.394 0.227
201412 0.161 98.367 0.207
201503 0.143 99.789 0.181
201506 0.158 100.500 0.198
201509 0.149 100.421 0.187
201512 0.127 99.947 0.160
201603 0.113 101.054 0.141
201606 0.109 102.002 0.135
201609 0.105 101.765 0.130
201612 0.099 101.449 0.123
201703 0.094 102.634 0.116
201706 0.092 103.029 0.113
201709 0.089 103.345 0.109
201712 0.084 103.345 0.103
201803 0.098 105.004 0.118
201806 0.095 105.557 0.114
201809 0.092 105.636 0.110
201812 0.090 105.399 0.108
201903 0.090 106.979 0.106
201906 0.089 107.690 0.104
201909 0.089 107.611 0.104
201912 0.088 107.769 0.103
202003 0.080 107.927 0.094
202006 0.072 108.401 0.084
202009 0.062 108.164 0.072
202012 0.059 108.559 0.069
202103 0.056 110.298 0.064
202106 0.052 111.720 0.059
202109 0.069 112.905 0.077
202112 0.074 113.774 0.082
202203 0.076 117.646 0.082
202206 0.073 120.806 0.076
202209 0.071 120.648 0.074
202212 0.064 120.964 0.067
202303 0.136 122.702 0.140
202306 0.126 124.203 0.128
202309 0.155 125.230 0.156
202312 0.129 125.072 0.130
202403 0.113 126.258 0.113

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.


Lithium One Metals  (TSXV:LONE) 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.


Lithium One Metals Cyclically Adjusted PB Ratio Related Terms

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


Lithium One Metals (TSXV:LONE) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 3L6
Lithium One Metals Inc is engaged in exploration and evaluation of resource properties in North America. It is a lithium explorer with its projects in Ontario and Quebec, and its projects include Sirmac Property, Taycan Property, Root South Property, Sharp Property and others.