GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » E3 Lithium Ltd (FRA:OW3) » Definitions » Cyclically Adjusted PB Ratio

E3 Lithium (FRA:OW3) Cyclically Adjusted PB Ratio : 7.71 (As of Jun. 08, 2024)


View and export this data going back to 1998. Start your Free Trial

What is E3 Lithium Cyclically Adjusted PB Ratio?

As of today (2024-06-08), E3 Lithium's current share price is €1.08. E3 Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.14. E3 Lithium's Cyclically Adjusted PB Ratio for today is 7.71.

The historical rank and industry rank for E3 Lithium's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:OW3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 22.88
Current: 7.79

During the past years, E3 Lithium's highest Cyclically Adjusted PB Ratio was 22.88. The lowest was 0.00. And the median was 0.00.

FRA:OW3's Cyclically Adjusted PB Ratio is ranked worse than
93.71% of 1637 companies
in the Metals & Mining industry
Industry Median: 0.88 vs FRA:OW3: 7.79

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.

E3 Lithium's adjusted book value per share data for the three months ended in Mar. 2024 was €0.505. 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 €0.14 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


E3 Lithium Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

E3 Lithium Cyclically Adjusted PB Ratio Chart

E3 Lithium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 5.29 19.28 14.52 11.64

E3 Lithium 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 18.96 14.97 18.28 11.64 6.98

Competitive Comparison of E3 Lithium's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.08/0.14
=7.71

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

For example, E3 Lithium'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)
=0.505/126.2576*126.2576
=0.505

Current CPI (Mar. 2024) = 126.2576.

E3 Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.016 99.473 -0.020
201409 -0.027 99.394 -0.034
201412 -0.040 98.367 -0.051
201503 -0.053 99.789 -0.067
201506 -0.059 100.500 -0.074
201509 -0.061 100.421 -0.077
201512 -0.071 99.947 -0.090
201603 -0.077 101.054 -0.096
201606 -0.075 102.002 -0.093
201609 -0.080 101.765 -0.099
201612 -0.092 101.449 -0.114
201703 -0.015 102.634 -0.018
201706 0.076 103.029 0.093
201709 0.093 103.345 0.114
201712 0.092 103.345 0.112
201803 0.084 105.004 0.101
201806 0.076 105.557 0.091
201809 0.090 105.636 0.108
201812 0.087 105.399 0.104
201903 0.088 106.979 0.104
201906 0.087 107.690 0.102
201909 0.072 107.611 0.084
201912 0.100 107.769 0.117
202003 0.103 107.927 0.120
202006 0.098 108.401 0.114
202009 0.089 108.164 0.104
202012 0.156 108.559 0.181
202103 0.252 110.298 0.288
202106 0.249 111.720 0.281
202109 0.241 112.905 0.270
202112 0.299 113.774 0.332
202203 0.303 117.646 0.325
202206 0.307 120.806 0.321
202209 0.394 120.648 0.412
202212 0.368 120.964 0.384
202303 0.356 122.702 0.366
202306 0.386 124.203 0.392
202309 0.540 125.230 0.544
202312 0.520 125.072 0.525
202403 0.505 126.258 0.505

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  (FRA:OW3) 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

Thank you for viewing the detailed overview of E3 Lithium's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


E3 Lithium (FRA:OW3) Business Description

Traded in Other Exchanges
Address
300 - 5th Avenue SW, Suite 1520, Calgary, AB, CAN, T2P 3C4
E3 Lithium Ltd is a resource company with mineral properties in Alberta that is currently focused on technology development for lithium extraction from Alberta brines. It is engaged in the exploration of Clearwater and covering the Leduc Reservoir in south-central Alberta. The company's properties can be further sub-divided into five separate sub-properties namely Clearwater Sub-Property, Exshaw Sub-Property, Rocky Sub-Property, Sunbreaker Sub-Property and Drumheller Sub-Property.

E3 Lithium (FRA:OW3) Headlines

No Headlines