Imagine Lithium (TSXV:ILI) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

What is Imagine Lithium Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Imagine Lithium  (TSXV:ILI) 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.


Imagine Lithium Cyclically Adjusted PB Ratio Related Terms


Imagine Lithium Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Imagine 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.

Imagine Lithium Cyclically Adjusted PB Ratio Chart

Imagine Lithium Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 - - 0.36 0.40

Imagine Lithium Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.35 0.40 0.45 0.42 0.27

Imagine Lithium Cyclically Adjusted PB Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Imagine 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.


Imagine Lithium Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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



Imagine 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.

Imagine Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 is calculated as:

For example, Imagine Lithium's adjusted Book Value per Share data for the three months ended in Apr. 2026 was:

Adj_Book=Book Value per Share/CPI of Apr. 2026 (Change)*Current CPI (Apr. 2026)
=0.058/132.7364*132.7364
=0.058

Current CPI (Apr. 2026) = 132.7364.

Imagine Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.059 101.844 0.077
201610 0.047 102.002 0.061
201701 0.055 102.318 0.071
201704 0.070 103.029 0.090
201707 0.063 103.029 0.081
201710 0.064 103.424 0.082
201801 0.098 104.056 0.125
201804 0.096 105.320 0.121
201807 0.087 106.110 0.109
201810 0.085 105.952 0.106
201901 0.082 105.557 0.103
201904 0.080 107.453 0.099
201907 0.077 108.243 0.094
201910 0.075 107.927 0.092
202001 0.067 108.085 0.082
202004 0.063 107.216 0.078
202007 0.058 108.401 0.071
202010 0.054 108.638 0.066
202101 0.053 109.192 0.064
202104 0.055 110.851 0.066
202107 0.053 112.431 0.063
202110 0.053 113.695 0.062
202201 0.060 114.801 0.069
202204 0.060 118.357 0.067
202207 0.050 120.964 0.055
202210 0.050 121.517 0.055
202301 0.049 121.596 0.053
202304 0.061 123.571 0.066
202307 0.061 124.914 0.065
202310 0.064 125.310 0.068
202401 0.064 125.072 0.068
202404 0.065 126.890 0.068
202407 0.065 128.075 0.067
202410 0.066 127.838 0.069
202501 0.065 127.443 0.068
202504 0.058 129.102 0.060
202507 0.059 130.290 0.060
202510 0.059 130.603 0.060
202601 0.058 130.366 0.059
202604 0.058 132.736 0.058

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.


Imagine Lithium Business Description

Other Exchanges ARXRF:USA37N:Germany
Address 789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
Imagine Lithium Inc is a mineral exploration company focused on acquiring and exploring exploration and evaluation assets in North America which is its single operating segment.