Latin Metals (TSXV:LMS) Cyclically Adjusted PB Ratio: 1.91 (As of Aug. 01, 2026)

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TSXV:LMS Latin Metals Inc TSXV:LMS
27 GF Score
Price C$0.21
! 1 Warning Sign
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What is Latin Metals Cyclically Adjusted PB Ratio?

Latin Metals TSXV:LMS -4.55% 27 Cyclically Adjusted PB Ratio is 1.91 as of Aug. 01, 2026. GuruFocus rates TSXV:LMS with a GF Score™ of 27/100. The stock has 1 warning sign investors should review. Among 1,535 Metals & Mining companies, Latin Metals ranks worse than 59.67% on this metric.

As of today (2026-08-01), Latin Metals's current share price is C$0.21. Latin Metals's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2026 was C$0.11. Latin Metals's Cyclically Adjusted PB Ratio for today is 1.91.

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

TSXV:LMS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.11
Current: 2.11

During the past years, Latin Metals's highest Cyclically Adjusted PB Ratio was 2.11. The lowest was 0.00. And the median was 0.00.

TSXV:LMS's Cyclically Adjusted PB Ratio is ranked worse than
59.67% of 1535 companies
in the Metals & Mining industry
Industry Median: 1.4 vs TSXV:LMS: 2.11

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.

Latin Metals's adjusted book value per share data for the three months ended in Apr. 2026 was C$0.058. 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$0.11 for the trailing ten years ended in Apr. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Latin Metals  (TSXV:LMS) 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.


Latin Metals Cyclically Adjusted PB Ratio Related Terms


Latin Metals Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Latin Metals'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.

Latin Metals Cyclically Adjusted PB Ratio Chart

Latin Metals Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.28 1.14 1.00 1.85

Latin Metals 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 1.17 1.62 1.85 2.31 1.76

Latin Metals Cyclically Adjusted PB Ratio Competitor Comparison

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


Latin Metals Cyclically Adjusted PB Ratio vs Metals & Mining Industry

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

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


TSXV:LMS
27GF Score
Latin Metals Inc TSXV:LMS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Latin Metals 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.

Latin Metals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.21/0.11
=1.91

* 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.

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

For example, Latin Metals'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.

Latin Metals Quarterly Data

Book Value per Share CPI Adj_Book
201607 0.136 101.844 0.177
201610 0.149 102.002 0.194
201701 0.128 102.318 0.166
201704 0.109 103.029 0.140
201707 0.158 103.029 0.204
201710 0.110 103.424 0.141
201801 0.135 104.056 0.172
201804 0.115 105.320 0.145
201807 0.136 106.110 0.170
201810 0.128 105.952 0.160
201901 0.118 105.557 0.148
201904 0.109 107.453 0.135
201907 0.109 108.243 0.134
201910 0.106 107.927 0.130
202001 0.101 108.085 0.124
202004 0.101 107.216 0.125
202007 0.097 108.401 0.119
202010 0.100 108.638 0.122
202101 0.096 109.192 0.117
202104 0.099 110.851 0.119
202107 0.098 112.431 0.116
202110 0.101 113.695 0.118
202201 0.098 114.801 0.113
202204 0.089 118.357 0.100
202207 0.088 120.964 0.097
202210 0.085 121.517 0.093
202301 0.082 121.596 0.090
202304 0.086 123.571 0.092
202307 0.083 124.914 0.088
202310 0.079 125.310 0.084
202401 0.074 125.072 0.079
202404 0.064 126.890 0.067
202407 0.059 128.075 0.061
202410 0.060 127.838 0.062
202501 0.056 127.443 0.058
202504 0.052 129.102 0.053
202507 0.060 130.290 0.061
202510 0.063 130.603 0.064
202601 0.060 130.366 0.061
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.

What does a Cyclically Adjusted PB Ratio of 1.91 mean?
Latin Metals (TSXV:LMS) has a Cyclically Adjusted PB Ratio of 1.91 as of Aug. 01, 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 Latin Metals and its competitors. According to the industry distribution chart, Latin Metals ranks #916 out of 1535 companies in the Metals & Mining industry, placing it in the top 59.7%.
Is Latin Metals' Cyclically Adjusted PB Ratio too high?
Latin Metals' current Cyclically Adjusted PB Ratio is 1.91. The Metals & Mining industry median Cyclically Adjusted PB Ratio is 1.40. Latin Metals' value of 1.91 is 36.4% above this industry median. Based on the distribution chart, Latin Metals ranks #916 out of 1535 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Latin Metals has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Latin Metals' Cyclically Adjusted PB Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Latin Metals ranks #916 out of 1535 companies for Cyclically Adjusted PB Ratio. This places Latin Metals in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.40. Latin Metals' value of 1.91 is 36.4% above this benchmark. 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 a Metals & Mining company?
The median Cyclically Adjusted PB Ratio among Metals & Mining companies is 1.40, based on 1,535 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. Latin Metals's current Cyclically Adjusted PB Ratio of 1.91 is 36.4% 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 Latin Metals and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PB Ratio is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Latin Metals's current Cyclically Adjusted PB Ratio is 1.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Latin Metals stock overvalued right now?
Latin Metals (TSXV:LMS) has a current Cyclically Adjusted PB Ratio of 1.91. The current Cyclically Adjusted PB Ratio is 1.91 and 36.4% above the Metals & Mining industry median of 1.40. Latin Metals' overall GF Score™ is 27/100 with 1 warning sign 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 Latin Metals (TSXV:LMS), the current Cyclically Adjusted PB Ratio is 1.91 as of Aug. 01, 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.

Latin Metals Business Description

Other Exchanges LMSQF:USA
Address 320 Granville Street, Suite 880, Vancouver, BC, CAN, V6C 1S9
Latin Metals Inc principal business activity is the acquisition, exploration, and evaluation of mineral properties located in South America. Its properties include the Mina Angela Property in Argentina, the Salta Properties in Argentina, which include three distinctive projects, namely the Organullo property, Ana Maria property, and Trigal property, the Zaha Project in Argentina, and others. The company operates in Canada, Argentina, and Peru.
27GF Score

Get the complete analysis for TSXV:LMS

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

C$0.21
Price