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Lanebury Growth Capital (XCNQ:LLL) Cyclically Adjusted PB Ratio : 0.30 (As of Jun. 08, 2024)


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What is Lanebury Growth Capital Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Lanebury Growth Capital's current share price is C$0.08. Lanebury Growth Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.27. Lanebury Growth Capital's Cyclically Adjusted PB Ratio for today is 0.30.

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

XCNQ:LLL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.59
Current: 0.3

During the past years, Lanebury Growth Capital's highest Cyclically Adjusted PB Ratio was 0.59. The lowest was 0.00. And the median was 0.00.

XCNQ:LLL's Cyclically Adjusted PB Ratio is ranked better than
88.53% of 950 companies
in the Asset Management industry
Industry Median: 0.8 vs XCNQ:LLL: 0.30

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.

Lanebury Growth Capital's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.047. 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$0.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lanebury Growth Capital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lanebury Growth Capital'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.

Lanebury Growth Capital Cyclically Adjusted PB Ratio Chart

Lanebury Growth Capital Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
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Lanebury Growth Capital 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 - - 0.44 0.30 0.60

Competitive Comparison of Lanebury Growth Capital's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Lanebury Growth Capital'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.


Lanebury Growth Capital's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lanebury Growth Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Lanebury Growth Capital's Cyclically Adjusted PB Ratio falls into.



Lanebury Growth Capital 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.

Lanebury Growth Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.08/0.27
=0.30

* 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.

Lanebury Growth Capital's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lanebury Growth Capital'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)
=0.047/126.2576*126.2576
=0.047

Current CPI (Mar. 2024) = 126.2576.

Lanebury Growth Capital Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.002 99.473 -0.003
201409 -0.002 99.394 -0.003
201412 -0.006 98.367 -0.008
201503 -0.006 99.789 -0.008
201506 -0.007 100.500 -0.009
201509 -0.007 100.421 -0.009
201512 -0.009 99.947 -0.011
201603 -0.010 101.054 -0.012
201606 -0.010 102.002 -0.012
201609 -0.010 101.765 -0.012
201612 -0.014 101.449 -0.017
201703 -0.015 102.634 -0.018
201706 -0.021 103.029 -0.026
201709 -0.027 103.345 -0.033
201712 0.496 103.345 0.606
201803 0.460 105.004 0.553
201806 0.432 105.557 0.517
201809 0.419 105.636 0.501
201812 0.420 105.399 0.503
201903 0.435 106.979 0.513
201906 0.404 107.690 0.474
201909 0.400 107.611 0.469
201912 0.382 107.769 0.448
202003 0.388 107.927 0.454
202006 0.401 108.401 0.467
202009 0.398 108.164 0.465
202012 0.378 108.559 0.440
202103 0.374 110.298 0.428
202106 0.396 111.720 0.448
202109 0.356 112.905 0.398
202112 0.359 113.774 0.398
202203 0.366 117.646 0.393
202206 0.408 120.806 0.426
202209 0.430 120.648 0.450
202212 0.419 120.964 0.437
202303 0.412 122.702 0.424
202306 0.218 124.203 0.222
202309 0.205 125.230 0.207
202312 0.166 125.072 0.168
202403 0.047 126.258 0.047

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.


Lanebury Growth Capital  (XCNQ:LLL) 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.


Lanebury Growth Capital Cyclically Adjusted PB Ratio Related Terms

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


Lanebury Growth Capital (XCNQ:LLL) Business Description

Traded in Other Exchanges
N/A
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Website
Lanebury Growth Capital Ltd is an investment company. Principally, it is focused on building a portfolio of investments mainly in technology start-ups. Additionally, the company targets investments that have a monthly revenue model and can be scaled easily using the internet and mobile technologies.
Executives
Gary Schroeder Director

Lanebury Growth Capital (XCNQ:LLL) Headlines

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