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Lithium Exploration Group (Lithium Exploration Group) Graham Number : $N/A (As of Mar. 2018)


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What is Lithium Exploration Group Graham Number?

Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.

As of today (2024-05-05), the stock price of Lithium Exploration Group is $0.0045. Lithium Exploration Group's graham number for the quarter that ended in Mar. 2018 was $N/A. Therefore, Lithium Exploration Group's Price to Graham Number ratio for today is N/A.

The historical rank and industry rank for Lithium Exploration Group's Graham Number or its related term are showing as below:

LEXG's Price-to-Graham-Number is not ranked *
in the Metals & Mining industry.
Industry Median: 1.185
* Ranked among companies with meaningful Price-to-Graham-Number only.

Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.


Lithium Exploration Group Graham Number Historical Data

The historical data trend for Lithium Exploration Group's Graham Number 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 Exploration Group Graham Number Chart

Lithium Exploration Group Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Graham Number
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Lithium Exploration Group Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
Graham Number 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 - - - - -

Competitive Comparison of Lithium Exploration Group's Graham Number

For the Other Industrial Metals & Mining subindustry, Lithium Exploration Group's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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 Exploration Group's Price-to-Graham-Number Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lithium Exploration Group's Price-to-Graham-Number distribution charts can be found below:

* The bar in red indicates where Lithium Exploration Group's Price-to-Graham-Number falls into.



Lithium Exploration Group Graham Number Calculation

Graham Number is a concept based on Ben Graham's conservative valuation of companies.

Lithium Exploration Group's Graham Number for the fiscal year that ended in Jun. 2017 is calculated as

Graham Number
=sqrt of (22.5* Tangible Book per Share *EPS without NRI)
=sqrt of (22.5*-0.438*-1.6)
=N/A

Lithium Exploration Group's Graham Number for the quarter that ended in Mar. 2018 is calculated as

Graham Number
=sqrt of (22.5*Tangible Book per Share*EPS without NRI (TTM))
=sqrt of (22.5*-0.12*-16.097)
=N/A

* 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 Exploration Group  (GREY:LEXG) Graham Number Explanation

Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:

Current price should not be more than 15 times average earnings of the past three years.

Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)

Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.

In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.

Lithium Exploration Group's Price to Graham number Ratio for today is calculated as

Price to Graham number=Share Price (Today)/Graham number (Q: Mar. 2018 )
=0.0045/N/A
=N/A

* 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.


Be Aware

Please keep these in mind:

1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.


Lithium Exploration Group Graham Number Related Terms

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Lithium Exploration Group (Lithium Exploration Group) Business Description

Traded in Other Exchanges
N/A
Address
4635 South Lakeshore Drive, Suite 200, Tempe, AZ, USA, 85282
Lithium Exploration Group Inc is a U.S.-based exploration and development company. It is focused on the acquisition and development potential of lithium brines and other precious metals that demonstrate high probability for near-term production. The company is testing its SonCav Technology for use in the oil and gas industry and the acquisition of oil and gas related assets in Western Canada and Southwest Louisiana. The SonCav technology uses a patented process to mechanically induce an ultrasonic cavitation to superheat fluid. It is focused solely on water and crude oil, but technology is expected to have many other commercial uses including mining, LNG, Ethanol, industrial and other chemical uses in the pharmaceutical industry.

Lithium Exploration Group (Lithium Exploration Group) Headlines