Consolidated Lithium Metals (Consolidated Lithium Metals) Cyclically Adjusted PB Ratio : 0.56 (As of Jun. 06, 2024)

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What is Consolidated Lithium Metals Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Consolidated Lithium Metals's current share price is $0.0224. Consolidated Lithium Metals's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.04. Consolidated Lithium Metals's Cyclically Adjusted PB Ratio for today is 0.56.

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

JORFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0.73
Current: 0.64

During the past years, Consolidated Lithium Metals's highest Cyclically Adjusted PB Ratio was 0.73. The lowest was 0.00. And the median was 0.00.

JORFF's Cyclically Adjusted PB Ratio is ranked better than
57.78% of 1632 companies
in the Metals & Mining industry
Industry Median: 0.87 vs JORFF: 0.64

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.

Consolidated Lithium Metals's adjusted book value per share data for the three months ended in Mar. 2024 was $0.004. 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 $0.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation

Consolidated Lithium Metals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Consolidated Lithium Metals'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.

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Consolidated Lithium Metals Cyclically Adjusted PB Ratio Chart

Consolidated Lithium Metals Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

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0.02

0.13

0.23

0.59

0.48

Consolidated Lithium Metals 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															0.58	0.79	0.70	0.48	0.43

Competitive Comparison of Consolidated Lithium Metals's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Consolidated Lithium Metals'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.

Consolidated Lithium Metals's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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

Consolidated Lithium Metals 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.

Consolidated Lithium Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio	=	Share Price	/	Cyclically Adjusted Book per Share
	=	0.0224	/	0.04
	=	0.56

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

For example, Consolidated Lithium Metals'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)
	=	0.004	/	126.2576	*	126.2576
	=	0.004

Current CPI (Mar. 2024) = 126.2576.

Consolidated Lithium Metals Quarterly Data

	Book Value per Share	CPI	Adj_Book
201406	0.391	99.473	0.496
201409	0.372	99.394	0.473
201412	0.241	98.367	0.309
201503	0.000	99.789	0.000
201506	0.000	100.500	0.000
201509	0.000	100.421	0.000
201512	0.016	99.947	0.020
201603	0.028	101.054	0.035
201606	0.023	102.002	0.028
201609	0.017	101.765	0.021
201612	-0.089	101.449	-0.111
201703	0.001	102.634	0.001
201706	0.023	103.029	0.028
201709	0.030	103.345	0.037
201712	0.006	103.345	0.007
201803	0.023	105.004	0.028
201806	0.032	105.557	0.038
201809	0.027	105.636	0.032
201812	0.000	105.399	0.000
201903	0.010	106.979	0.012
201906	0.007	107.690	0.008
201909	0.007	107.611	0.008
201912	-0.008	107.769	-0.009
202003	-0.009	107.927	-0.011
202006	-0.009	108.401	-0.010
202009	-0.001	108.164	-0.001
202012	-0.006	108.559	-0.007
202103	-0.005	110.298	-0.006
202106	-0.006	111.720	-0.007
202109	-0.006	112.905	-0.007
202112	0.003	113.774	0.003
202203	0.000	117.646	0.000
202206	-0.002	120.806	-0.002
202209	0.009	120.648	0.009
202212	0.006	120.964	0.006
202303	0.002	122.702	0.002
202306	0.005	124.203	0.005
202309	0.003	125.230	0.003
202312	0.006	125.072	0.006
202403	0.004	126.258	0.004

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.

Consolidated Lithium Metals (OTCPK:JORFF) 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.

Consolidated Lithium Metals Cyclically Adjusted PB Ratio Related Terms

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

Consolidated Lithium Metals (Consolidated Lithium Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Consolidated Lithium Metals Inc (OTCPK:JORFF) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

Z36:Germany CLM:Canada

Address

Fourth floor of 5 Hazelton Avenue, Toronto, ON, CAN, M5R 2E1

Website

https://www.jourdaninc.com

Consolidated Lithium Metals Inc is a Canadian junior mining exploration company. The Company is focused on the acquisition, exploration, production, and development of mining properties. The Company's properties are in Quebec, Canada, primarily in the spodumene-bearing pegmatites of the La Corne Batholith, around North American Lithium's Quebec lithium mine.