EEMMF (E3 Lithium) Cyclically Adjusted PB Ratio: (As of Sep. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

EEMMF E3 Lithium Ltd EEMMF
31 GF Score
Price $0.56
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What is E3 Lithium Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


E3 Lithium  (OTCPK:EEMMF) 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.


E3 Lithium Cyclically Adjusted PB Ratio Related Terms


E3 Lithium Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for E3 Lithium'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.

E3 Lithium Cyclically Adjusted PB Ratio Chart

E3 Lithium Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.75 13.06 9.88 2.88 2.38

E3 Lithium Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.73 4.40 2.64 2.72 2.73

E3 Lithium Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, E3 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.


E3 Lithium Cyclically Adjusted PB Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, E3 Lithium's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where E3 Lithium's Cyclically Adjusted PB Ratio falls into.


EEMMF
31GF Score
E3 Lithium Ltd EEMMF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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E3 Lithium 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.

E3 Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, E3 Lithium's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.413/133.5265*133.5265
=0.413

Current CPI (Jun. 2026) = 133.5265.

E3 Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.089 101.765 -0.117
201612 -0.096 101.449 -0.126
201703 -0.016 102.634 -0.021
201706 0.088 103.029 0.114
201709 0.109 103.345 0.141
201712 0.111 103.345 0.143
201803 0.104 105.004 0.132
201806 0.089 105.557 0.113
201809 0.106 105.636 0.134
201812 0.097 105.399 0.123
201903 0.099 106.979 0.124
201906 0.100 107.690 0.124
201909 0.080 107.611 0.099
201912 0.113 107.769 0.140
202003 0.112 107.927 0.139
202006 0.110 108.401 0.135
202009 0.104 108.164 0.128
202012 0.190 108.559 0.234
202103 0.300 110.298 0.363
202106 0.296 111.720 0.354
202109 0.283 112.905 0.335
202112 0.343 113.774 0.403
202203 0.338 117.646 0.384
202206 0.322 120.806 0.356
202209 0.379 120.648 0.419
202212 0.391 120.964 0.432
202303 0.385 122.702 0.419
202306 0.420 124.203 0.452
202309 0.577 125.230 0.615
202312 0.577 125.072 0.616
202403 0.549 126.258 0.581
202406 0.527 127.522 0.552
202409 0.516 127.285 0.541
202412 0.469 127.364 0.492
202503 0.411 129.181 0.425
202506 0.419 129.892 0.431
202509 0.392 130.287 0.402
202512 0.467 130.366 0.478
202603 0.437 132.262 0.441
202606 0.413 133.527 0.413

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.


E3 Lithium Business Description

Other Exchanges OW3:GermanyETL:Canada
Address 300-5th Avenue SW, Suite 1520, Calgary, AB, CAN, T2P 3C4
E3 Lithium Ltd is a resource company focus on commercial development of lithium extraction from brines contained in its mineral properties in Alberta. The Company is developing the Clearwater Project, the first project contemplated in E3's Bashaw District. Developments for lithium in Alberta operate similarly to the well-established and sophisticated energy industry in Alberta. This provides transparent permitting, well-established social license. The company plan to build a fully integrated Lithium Brine Demonstration Facility (Demo Project) with the goal to produce battery grade lithium carbonate from brines located within the Leduc reservoir in Alberta.
31GF Score

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