GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas Corp (NYSE:LAC) » Definitions » Book Value per Share

Lithium Americas (Lithium Americas) Book Value per Share : $2.52 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Lithium Americas Book Value per Share?

Lithium Americas's book value per share for the quarter that ended in Dec. 2023 was $2.52.

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 book value growth rate using book value per share data.

Lithium Americas's current price is $4.62. Its book value per share for the quarter that ended in Dec. 2023 was $2.52. Hence, today's PB Ratio of Lithium Americas is 1.83.

During the past 4 years, the highest P/B Ratio of Lithium Americas was 4.15. The lowest was 0.00. And the median was 0.00.


Lithium Americas Book Value per Share Historical Data

The historical data trend for Lithium Americas's Book Value 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.

Lithium Americas Book Value per Share Chart

Lithium Americas Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Book Value per Share
- -0.29 -0.24 2.52

Lithium Americas Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only -0.24 2.60 - 1.84 2.52

Competitive Comparison of Lithium Americas's Book Value per Share

For the Other Industrial Metals & Mining subindustry, Lithium Americas's PB Ratio, along with its competitors' market caps and 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 Americas's PB Ratio Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lithium Americas's PB Ratio falls into.



Lithium Americas Book Value per Share Calculation

Lithium Americas's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(407.46-0.00)/161.78
=2.52

Lithium Americas's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(407.46-0.00)/161.78
=2.52

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Lithium Americas  (NYSE:LAC) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Lithium Americas Book Value per Share Related Terms

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


Lithium Americas (Lithium Americas) Business Description

Traded in Other Exchanges
Address
900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5
Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid-2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.

Lithium Americas (Lithium Americas) Headlines