LRAXF (Lara Exploration) Cyclically Adjusted PB Ratio: 30.56 (As of Jul. 30, 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.

LRAXF Lara Exploration Ltd LRAXF
22 GF Score
Price $2.75
! 2 Warning Signs
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What is Lara Exploration Cyclically Adjusted PB Ratio?

Lara Exploration LRAXF -11.29% 22 Cyclically Adjusted PB Ratio is 30.56 as of Jul. 30, 2026. GuruFocus rates LRAXF with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 1,537 Metals & Mining companies, Lara Exploration ranks worse than 98.44% on this metric.

As of today (2026-07-30), Lara Exploration's current share price is $2.75. Lara Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $0.09. Lara Exploration's Cyclically Adjusted PB Ratio for today is 30.56.

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

LRAXF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 33.08
Current: 33.08

During the past years, Lara Exploration's highest Cyclically Adjusted PB Ratio was 33.08. The lowest was 0.00. And the median was 0.00.

LRAXF's Cyclically Adjusted PB Ratio is ranked worse than
98.44% of 1537 companies
in the Metals & Mining industry
Industry Median: 1.41 vs LRAXF: 33.08

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.

Lara Exploration's adjusted book value per share data for the three months ended in Mar. 2026 was $0.292. 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 $0.09 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lara Exploration  (OTCPK:LRAXF) 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.


Lara Exploration Cyclically Adjusted PB Ratio Related Terms


Lara Exploration Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lara Exploration'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.

Lara Exploration Cyclically Adjusted PB Ratio Chart

Lara Exploration 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 4.02 6.47 4.47 12.30 21.59

Lara Exploration Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 11.42 16.12 19.76 21.59 25.65

Lara Exploration Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Lara Exploration'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.


Lara Exploration Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


LRAXF
22GF Score
Lara Exploration Ltd LRAXF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Lara Exploration 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.

Lara Exploration's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.75/0.09
=30.56

* 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.

Lara Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Lara Exploration's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.292/132.2623*132.2623
=0.292

Current CPI (Mar. 2026) = 132.2623.

Lara Exploration Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.037 102.002 0.048
201609 0.091 101.765 0.118
201612 0.092 101.449 0.120
201703 0.091 102.634 0.117
201706 0.097 103.029 0.125
201709 0.121 103.345 0.155
201712 0.099 103.345 0.127
201803 0.072 105.004 0.091
201806 0.049 105.557 0.061
201809 0.037 105.636 0.046
201812 0.023 105.399 0.029
201903 0.050 106.979 0.062
201906 0.049 107.690 0.060
201909 0.035 107.611 0.043
201912 0.040 107.769 0.049
202003 0.034 107.927 0.042
202006 0.039 108.401 0.048
202009 0.038 108.164 0.046
202012 0.038 108.559 0.046
202103 0.037 110.298 0.044
202106 0.031 111.720 0.037
202109 0.027 112.905 0.032
202112 0.085 113.774 0.099
202203 0.084 117.646 0.094
202206 0.132 120.806 0.145
202209 0.124 120.648 0.136
202212 0.128 120.964 0.140
202303 0.118 122.702 0.127
202306 0.113 124.203 0.120
202309 0.103 125.230 0.109
202312 0.097 125.072 0.103
202403 0.087 126.258 0.091
202406 0.100 127.522 0.104
202409 0.105 127.285 0.109
202412 0.121 127.364 0.126
202503 0.112 129.181 0.115
202506 0.106 129.892 0.108
202509 0.098 130.287 0.099
202512 0.090 130.366 0.091
202603 0.292 132.262 0.292

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.

What does a Cyclically Adjusted PB Ratio of 30.56 mean?
Lara Exploration (LRAXF) has a Cyclically Adjusted PB Ratio of 30.56 as of Jul. 30, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Lara Exploration and its competitors. According to the industry distribution chart, Lara Exploration ranks #1513 out of 1537 companies in the Metals & Mining industry, placing it in the top 98.4%.
Is Lara Exploration's Cyclically Adjusted PB Ratio too high?
Lara Exploration's current Cyclically Adjusted PB Ratio is 30.56. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.41. Lara Exploration's value of 30.56 is 2067.4% above this industry median. Based on the distribution chart, Lara Exploration ranks #1513 out of 1537 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Lara Exploration has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Lara Exploration's Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Lara Exploration ranks #1513 out of 1537 companies for Cyclically Adjusted PB Ratio. This places Lara Exploration in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.41. Lara Exploration's value of 30.56 is 2067.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.41, based on 1,537 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lara Exploration's current Cyclically Adjusted PB Ratio of 30.56 is 2067.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Lara Exploration and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lara Exploration's current Cyclically Adjusted PB Ratio is 30.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lara Exploration stock overvalued right now?
Lara Exploration (LRAXF) has a current Cyclically Adjusted PB Ratio of 30.56. The current Cyclically Adjusted PB Ratio is 30.56 and 2067.4% above the Metals & Mining industry median of 1.41. Lara Exploration's overall GF Score™ is 22/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Lara Exploration (LRAXF), the current Cyclically Adjusted PB Ratio is 30.56 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lara Exploration Business Description

Other Exchanges LEW:GermanyLRA:Canada
Address 543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Lara Exploration Ltd is engaged in the business of exploration. It operates in a single reportable segment, the acquisition and exploration of mineral properties in South America. It also has exploration and evaluation properties in Brazil, Peru, and Chile. The company projects include the Planalto Copper Project, the Liberdade Copper Project, the Corina Gold Project, and others.
22GF Score

Get the complete analysis for LRAXF

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.75
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