Lions Bay Capital (TSXV:LBI) Cyclically Adjusted PB Ratio: 1.78 (As of Aug. 23, 2026) — 19% Above Median

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TSXV:LBI Lions Bay Capital Inc TSXV:LBI
31 GF Score
Price C$0.32
! 4 Warning Signs
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What is Lions Bay Capital Cyclically Adjusted PB Ratio?

Lions Bay Capital TSXV:LBI 31 Cyclically Adjusted PB Ratio is 1.78 as of Aug. 23, 2026, which is 19% above its 10-year median of 1.50. GuruFocus rates TSXV:LBI with a GF Score™ of 31/100. The stock has 4 warning signs investors should review. Among 997 Asset Management companies, Lions Bay Capital ranks worse than 82.05% on this metric.

As of today (2026-08-23), Lions Bay Capital's current share price is C$0.32. Lions Bay Capital's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 was C$0.18. Lions Bay Capital's Cyclically Adjusted PB Ratio for today is 1.78.

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

TSXV:LBI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 1.5   Max: 7.86
Current: 1.75

During the past years, Lions Bay Capital's highest Cyclically Adjusted PB Ratio was 7.86. The lowest was 0.42. And the median was 1.50.

TSXV:LBI's Cyclically Adjusted PB Ratio is ranked worse than
82.05% of 997 companies
in the Asset Management industry
Industry Median: 0.86 vs TSXV:LBI: 1.75

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.

Lions Bay Capital's adjusted book value per share data for the three months ended in Feb. 2026 was C$0.081. 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 C$0.18 for the trailing ten years ended in Feb. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lions Bay Capital  (TSXV:LBI) 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.


Lions Bay Capital Cyclically Adjusted PB Ratio Related Terms


Lions Bay Capital Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Lions Bay Capital'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.

Lions Bay Capital Cyclically Adjusted PB Ratio Chart

Lions Bay Capital Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.51 1.55 1.06 0.69 0.73

Lions Bay Capital Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.61 0.73 0.57 1.87 1.81

TSXV:LBI vs BLK, BX, KKR: Cyclically Adjusted PB Ratio Comparison

For the Asset Management subindustry, Lions Bay Capital'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.


Lions Bay Capital Cyclically Adjusted PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Lions Bay Capital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSXV:LBI
31GF Score
Lions Bay Capital Inc TSXV:LBI
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Lions Bay Capital 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.

Lions Bay Capital's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.32/0.18
=1.78

* 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.

Lions Bay Capital's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2026 is calculated as:

For example, Lions Bay Capital's adjusted Book Value per Share data for the three months ended in Feb. 2026 was:

Adj_Book=Book Value per Share/CPI of Feb. 2026 (Change)*Current CPI (Feb. 2026)
=0.081/131.0772*131.0772
=0.081

Current CPI (Feb. 2026) = 131.0772.

Lions Bay Capital Quarterly Data

Book Value per Share CPI Adj_Book
201605 -0.046 101.765 -0.059
201608 -0.052 101.686 -0.067
201611 -0.076 101.607 -0.098
201702 -0.099 102.476 -0.127
201705 -0.372 103.108 -0.473
201708 -0.233 103.108 -0.296
201711 0.323 103.740 0.408
201802 0.396 104.688 0.496
201805 0.283 105.399 0.352
201808 0.292 106.031 0.361
201811 0.178 105.478 0.221
201902 0.134 106.268 0.165
201905 0.137 107.927 0.166
201908 0.098 108.085 0.119
201911 0.095 107.769 0.116
202002 0.088 108.559 0.106
202005 0.119 107.532 0.145
202008 0.228 108.243 0.276
202011 0.303 108.796 0.365
202102 0.462 109.745 0.552
202105 0.408 111.404 0.480
202108 0.358 112.668 0.416
202111 0.357 113.932 0.411
202202 0.363 115.986 0.410
202205 0.410 120.016 0.448
202208 0.309 120.569 0.336
202211 0.249 121.675 0.268
202302 0.207 122.070 0.222
202305 0.236 124.045 0.249
202308 0.200 125.389 0.209
202311 0.183 125.468 0.191
202402 0.152 125.468 0.159
202405 0.126 127.601 0.129
202408 0.119 127.838 0.122
202411 0.153 127.838 0.157
202502 0.128 128.786 0.130
202505 0.022 129.813 0.022
202508 0.046 130.208 0.046
202511 0.085 130.682 0.085
202602 0.081 131.077 0.081

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 1.78 mean?
Lions Bay Capital (TSXV:LBI) has a Cyclically Adjusted PB Ratio of 1.78 as of Aug. 23, 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 Lions Bay Capital and its competitors. This is 19% above median its historical median of 1.50. Over the past decade, Lions Bay Capital's Cyclically Adjusted PB Ratio has ranged from 0.42 to 7.86. According to the industry distribution chart, Lions Bay Capital ranks #818 out of 997 companies in the Asset Management industry, placing it in the top 82%.
Is Lions Bay Capital's Cyclically Adjusted PB Ratio too high?
Lions Bay Capital's current Cyclically Adjusted PB Ratio of 1.78 is 19% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 7.86. The Asset Management industry median Cyclically Adjusted PB Ratio is 0.86. Lions Bay Capital's value of 1.78 is 107% above this industry median. Based on the distribution chart, Lions Bay Capital ranks #818 out of 997 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Lions Bay Capital has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Lions Bay Capital's Cyclically Adjusted PB Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, Lions Bay Capital ranks #818 out of 997 companies for Cyclically Adjusted PB Ratio. This places Lions Bay Capital in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 0.86. Lions Bay Capital's value of 1.78 is 107% above this benchmark. Historically, Lions Bay Capital's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 7.86 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 0.86, Lions Bay Capital has consistently been above the industry average. 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 an Asset Management company?
The median Cyclically Adjusted PB Ratio among Asset Management companies is 0.86, based on 997 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. Lions Bay Capital's current Cyclically Adjusted PB Ratio of 1.78 is 107% 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 Lions Bay Capital and its competitors. For the Asset Management industry, the median Cyclically Adjusted PB Ratio is 0.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lions Bay Capital's current Cyclically Adjusted PB Ratio is 1.78, which is 19% above median its own 10-year median of 1.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lions Bay Capital stock overvalued right now?
Lions Bay Capital (TSXV:LBI) has a current Cyclically Adjusted PB Ratio of 1.78. The current Cyclically Adjusted PB Ratio is 1.78, which is 19% above median its 10-year median of 1.50 and 107% above the Asset Management industry median of 0.86. Lions Bay Capital's overall GF Score™ is 31/100 with 4 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 Lions Bay Capital (TSXV:LBI), the current Cyclically Adjusted PB Ratio is 1.78 as of Aug. 23, 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.

Lions Bay Capital Business Description

Address 1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3
Lions Bay Capital Inc is an investment holding company. It is a mining finance and investment company that identifies and realizes the potential of early stage resource opportunities. The Company's primary objective is to increase shareholder value through the identification of, and investment in, securities of publicly listed and/or private corporations offering capital appreciation potential.
31GF Score

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

C$0.32
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