GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » InZinc Mining Ltd (OTCPK:LTHIF) » Definitions » Cyclically Adjusted PB Ratio

LTHIF (InZinc Mining) Cyclically Adjusted PB Ratio : 0.41 (As of Sep. 25, 2024)


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

What is InZinc Mining Cyclically Adjusted PB Ratio?

As of today (2024-09-25), InZinc Mining's current share price is $0.0041. InZinc Mining's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $0.01. InZinc Mining's Cyclically Adjusted PB Ratio for today is 0.41.

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

LTHIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.48
Current: 0.28

During the past years, InZinc Mining's highest Cyclically Adjusted PB Ratio was 0.48. The lowest was 0.00. And the median was 0.00.

LTHIF's Cyclically Adjusted PB Ratio is ranked better than
73.07% of 1582 companies
in the Metals & Mining industry
Industry Median: 0.8 vs LTHIF: 0.28

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.

InZinc Mining's adjusted book value per share data for the three months ended in Jun. 2024 was $0.017. 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 $0.01 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


InZinc Mining Cyclically Adjusted PB Ratio Historical Data

The historical data trend for InZinc Mining'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.

InZinc Mining Cyclically Adjusted PB Ratio Chart

InZinc Mining 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 0.19 0.26 0.70 0.31 0.27

InZinc Mining Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.38 0.39 0.27 0.35 0.35

Competitive Comparison of InZinc Mining's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, InZinc Mining'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.


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

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

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



InZinc Mining 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.

InZinc Mining's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0041/0.01
=0.41

* 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.

InZinc Mining's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, InZinc Mining's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.017/127.5217*127.5217
=0.017

Current CPI (Jun. 2024) = 127.5217.

InZinc Mining Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.087 99.394 0.112
201412 0.081 98.367 0.105
201503 0.074 99.789 0.095
201506 0.075 100.500 0.095
201509 0.069 100.421 0.088
201512 0.066 99.947 0.084
201603 0.068 101.054 0.086
201606 0.069 102.002 0.086
201609 0.067 101.765 0.084
201612 0.065 101.449 0.082
201703 0.064 102.634 0.080
201706 0.064 103.029 0.079
201709 0.068 103.345 0.084
201712 0.067 103.345 0.083
201803 0.066 105.004 0.080
201806 0.064 105.557 0.077
201809 0.064 105.636 0.077
201812 0.009 105.399 0.011
201903 0.062 106.979 0.074
201906 0.060 107.690 0.071
201909 0.060 107.611 0.071
201912 0.008 107.769 0.009
202003 0.057 107.927 0.067
202006 0.058 108.401 0.068
202009 0.058 108.164 0.068
202012 0.007 108.559 0.008
202103 0.008 110.298 0.009
202106 0.008 111.720 0.009
202109 0.007 112.905 0.008
202112 0.029 113.774 0.033
202203 0.032 117.646 0.035
202206 0.028 120.806 0.030
202209 0.021 120.648 0.022
202212 0.019 120.964 0.020
202303 0.013 122.702 0.014
202306 0.020 124.203 0.021
202309 0.016 125.230 0.016
202312 0.019 125.072 0.019
202403 0.017 126.258 0.017
202406 0.017 127.522 0.017

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.


InZinc Mining  (OTCPK:LTHIF) 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.


InZinc Mining Cyclically Adjusted PB Ratio Related Terms

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


InZinc Mining Business Description

Traded in Other Exchanges
Address
Station Bentall Centre, P.O. Box 48268, Vancouver, BC, CAN, V7X 1A2
InZinc Mining Ltd is engaged in the acquisition, exploration, and development of mineral exploration and evaluation of direct and equity interest in multiple North American base metals projects in the United States and Canada. The exploration projects of the company include the West Desert property and Indy property.

InZinc Mining Headlines

From GuruFocus

Lithium Ionic Retains Integral Wealth as Market Maker

By GlobeNewswire GlobeNewswire 06-30-2022

InZinc Announces Closing of $275,000 Private Placement

By GlobeNewswire GlobeNewswire 05-30-2019