Laurion Mineral Exploration (TSXV:LME) Cyclically Adjusted PB Ratio: (As of Sep. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

TSXV:LME Laurion Mineral Exploration Inc TSXV:LME
35 GF Score
Price C$0.15
! 1 Warning Sign
View Full Analysis

What is Laurion Mineral Exploration Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Laurion Mineral Exploration  (TSXV:LME) 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.


Laurion Mineral Exploration Cyclically Adjusted PB Ratio Related Terms


Laurion Mineral Exploration Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Laurion Mineral 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.

Laurion Mineral Exploration Cyclically Adjusted PB Ratio Chart

Laurion Mineral 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 47.50 30.33 31.67 26.88 14.74

Laurion Mineral Exploration Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 24.41 19.12 16.47 12.50 10.26

TSXV:LME vs NEM, AU: Cyclically Adjusted PB Ratio Comparison

For the Gold subindustry, Laurion Mineral 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.


Laurion Mineral Exploration Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:LME
35GF Score
Laurion Mineral Exploration Inc TSXV:LME
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Laurion Mineral 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.

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

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.021/133.5265*133.5265
=0.021

Current CPI (Jun. 2026) = 133.5265.

Laurion Mineral Exploration Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.006 101.765 -0.008
201612 -0.005 101.449 -0.007
201703 -0.006 102.634 -0.008
201706 -0.007 103.029 -0.009
201709 -0.007 103.345 -0.009
201712 -0.008 103.345 -0.010
201803 -0.007 105.004 -0.009
201806 -0.004 105.557 -0.005
201809 0.000 105.636 0.000
201812 -0.001 105.399 -0.001
201903 -0.002 106.979 -0.002
201906 0.003 107.690 0.004
201909 0.008 107.611 0.010
201912 0.011 107.769 0.014
202003 0.011 107.927 0.014
202006 0.005 108.401 0.006
202009 0.012 108.164 0.015
202012 0.013 108.559 0.016
202103 0.018 110.298 0.022
202106 0.028 111.720 0.033
202109 0.027 112.905 0.032
202112 0.039 113.774 0.046
202203 0.039 117.646 0.044
202206 0.034 120.806 0.038
202209 0.037 120.648 0.041
202212 0.035 120.964 0.039
202303 0.034 122.702 0.037
202306 0.033 124.203 0.035
202309 0.031 125.230 0.033
202312 0.034 125.072 0.036
202403 0.032 126.258 0.034
202406 0.033 127.522 0.035
202409 0.031 127.285 0.033
202412 0.035 127.364 0.037
202503 0.033 129.181 0.034
202506 0.030 129.892 0.031
202509 0.024 130.287 0.025
202512 0.024 130.366 0.025
202603 0.022 132.262 0.022
202606 0.021 133.527 0.021

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.


Laurion Mineral Exploration Business Description

Other Exchanges LMEFF:USA5YD:Germany
Address 40 King Street West, Suite 6600, Scotia Plaza, Toronto, ON, CAN, M5H 3S1
Laurion Mineral Exploration Inc is a mid-stage junior mineral exploration and development company. It engages in the exploration and development of its flagship project, the 100% owned mid-stage 57 km2 Ishkoday Project, and its gold-rich polymetallic mineralization.
35GF Score

Get the complete analysis for TSXV:LME

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

C$0.15
Price