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Lightbridge (STU:N7OM) Cyclically Adjusted PB Ratio : 0.45 (As of Jun. 19, 2024)


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What is Lightbridge Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Lightbridge's current share price is €6.30. Lightbridge's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €14.12. Lightbridge's Cyclically Adjusted PB Ratio for today is 0.45.

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

STU:N7OM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.39   Max: 11.02
Current: 0.37

During the past years, Lightbridge's highest Cyclically Adjusted PB Ratio was 11.02. The lowest was 0.07. And the median was 0.39.

STU:N7OM's Cyclically Adjusted PB Ratio is ranked better than
93.78% of 2185 companies
in the Industrial Products industry
Industry Median: 1.84 vs STU:N7OM: 0.37

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.

Lightbridge's adjusted book value per share data for the three months ended in Mar. 2024 was €1.817. 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 €14.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lightbridge Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lightbridge'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.

Lightbridge Cyclically Adjusted PB Ratio Chart

Lightbridge 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 0.21 0.25 0.56 0.45 0.46

Lightbridge 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 0.51 0.76 0.61 0.46 0.45

Competitive Comparison of Lightbridge's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Lightbridge'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.


Lightbridge's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lightbridge's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lightbridge 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.

Lightbridge's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.30/14.12
=0.45

* 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.

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

For example, Lightbridge'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)
=1.817/131.7762*131.7762
=1.817

Current CPI (Mar. 2024) = 131.7762.

Lightbridge Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.497 100.560 8.514
201409 5.706 100.428 7.487
201412 2.061 99.070 2.741
201503 13.495 99.621 17.851
201506 10.581 100.684 13.849
201509 2.199 100.392 2.886
201512 -4.432 99.792 -5.852
201603 -0.651 100.470 -0.854
201606 2.455 101.688 3.181
201609 10.513 101.861 13.601
201612 8.888 101.863 11.498
201703 8.055 102.862 10.319
201706 6.195 103.349 7.899
201709 4.878 104.136 6.173
201712 4.612 104.011 5.843
201803 10.968 105.290 13.727
201806 10.316 106.317 12.786
201809 9.033 106.507 11.176
201812 8.302 105.998 10.321
201903 7.367 107.251 9.052
201906 6.477 108.070 7.898
201909 5.966 108.329 7.257
201912 5.312 108.420 6.456
202003 4.841 108.902 5.858
202006 4.236 108.767 5.132
202009 3.379 109.815 4.055
202012 2.154 109.897 2.583
202103 1.953 111.754 2.303
202106 1.751 114.631 2.013
202109 1.825 115.734 2.078
202112 2.248 117.630 2.518
202203 2.438 121.301 2.649
202206 2.518 125.017 2.654
202209 2.670 125.227 2.810
202212 2.310 125.222 2.431
202303 2.182 127.348 2.258
202306 2.112 128.729 2.162
202309 2.116 129.860 2.147
202312 1.935 129.419 1.970
202403 1.817 131.776 1.817

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.


Lightbridge  (STU:N7OM) 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.


Lightbridge Cyclically Adjusted PB Ratio Related Terms

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


Lightbridge (STU:N7OM) Business Description

Traded in Other Exchanges
Address
11710 Plaza America Drive, Suite 2000, Reston, VA, USA, 20190
Lightbridge Corp is a United States-based nuclear fuel technology company. The business activity of the firm is functioned through Nuclear Fuel Technology segment. The Nuclear Fuel Technology segment develops next generation nuclear fuel technology that increases the power output of commercial reactors and reduces the cost of generating electricity. Geographically, its operations are functioned through the region of Unites States.

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