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Frontier Lithium (Frontier Lithium) Cyclically Adjusted PB Ratio : 9.67 (As of Jun. 05, 2024)


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What is Frontier Lithium Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Frontier Lithium's current share price is $0.5801. Frontier Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.06. Frontier Lithium's Cyclically Adjusted PB Ratio for today is 9.67.

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

LITOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 14.48
Current: 9.92

During the past years, Frontier Lithium's highest Cyclically Adjusted PB Ratio was 14.48. The lowest was 0.00. And the median was 0.00.

LITOF's Cyclically Adjusted PB Ratio is ranked worse than
95.26% of 1625 companies
in the Metals & Mining industry
Industry Median: 0.88 vs LITOF: 9.92

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.

Frontier Lithium's adjusted book value per share data for the three months ended in Dec. 2023 was $0.068. 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 $0.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Frontier Lithium Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Frontier 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.

Frontier Lithium Cyclically Adjusted PB Ratio Chart

Frontier Lithium Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.46 1.82 13.61 43.77 27.19

Frontier Lithium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 28.81 27.19 23.75 14.03 9.20

Competitive Comparison of Frontier Lithium's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Frontier 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.


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

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

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



Frontier 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.5801/0.06
=9.67

* 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.

Frontier Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Frontier Lithium's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.068/125.0724*125.0724
=0.068

Current CPI (Dec. 2023) = 125.0724.

Frontier Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.019 98.604 0.024
201406 0.025 99.473 0.031
201409 0.023 99.394 0.029
201412 0.023 98.367 0.029
201503 0.021 99.789 0.026
201506 0.027 100.500 0.034
201509 0.027 100.421 0.034
201512 0.028 99.947 0.035
201603 0.032 101.054 0.040
201606 0.036 102.002 0.044
201609 0.034 101.765 0.042
201612 0.031 101.449 0.038
201703 0.036 102.634 0.044
201706 0.041 103.029 0.050
201709 0.047 103.345 0.057
201712 0.048 103.345 0.058
201803 0.046 105.004 0.055
201806 0.054 105.557 0.064
201809 0.055 105.636 0.065
201812 0.056 105.399 0.066
201903 0.055 106.979 0.064
201906 0.061 107.690 0.071
201909 0.060 107.611 0.070
201912 0.062 107.769 0.072
202003 0.004 107.927 0.005
202006 0.059 108.401 0.068
202009 0.063 108.164 0.073
202012 0.067 108.559 0.077
202103 0.043 110.298 0.049
202106 0.117 111.720 0.131
202109 0.112 112.905 0.124
202112 0.149 113.774 0.164
202203 0.088 117.646 0.094
202206 0.081 120.806 0.084
202209 0.061 120.648 0.063
202212 0.118 120.964 0.122
202303 0.107 122.702 0.109
202306 0.096 124.203 0.097
202309 0.077 125.230 0.077
202312 0.068 125.072 0.068

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.


Frontier Lithium  (OTCPK:LITOF) 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.


Frontier Lithium Cyclically Adjusted PB Ratio Related Terms

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


Frontier Lithium (Frontier Lithium) Business Description

Traded in Other Exchanges
Address
2736 Belisle Drive, Val Caron, ON, CAN, P3N 1B3
Frontier Lithium Inc is engaged in the acquisition, exploration, and development of mining properties. The company has a land position on Electric Avenue, Ontario's newly emerging premium lithium-metal district hosted in the Canadian Shield of northwestern Ontario. The company project includes PAK Lithium Project, Spark Deposit, Bolt Pegmatite, and Pennock Pegmatite.