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Lara Exploration (TSXV:LRA) Cyclically Adjusted PB Ratio : 16.73 (As of May. 24, 2025)


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What is Lara Exploration Cyclically Adjusted PB Ratio?

As of today (2025-05-24), Lara Exploration's current share price is C$1.84. Lara Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was C$0.11. Lara Exploration's Cyclically Adjusted PB Ratio for today is 16.73.

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

TSXV:LRA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 16.9
Current: 16.9

During the past years, Lara Exploration's highest Cyclically Adjusted PB Ratio was 16.90. The lowest was 0.00. And the median was 0.00.

TSXV:LRA's Cyclically Adjusted PB Ratio is ranked worse than
97.91% of 1531 companies
in the Metals & Mining industry
Industry Median: 0.95 vs TSXV:LRA: 16.90

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.

Lara Exploration's adjusted book value per share data for the three months ended in Dec. 2024 was C$0.172. 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 Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lara Exploration Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lara 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.

* Premium members only.

Lara Exploration Cyclically Adjusted PB Ratio Chart

Lara Exploration Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.04 4.02 6.47 4.47 12.30

Lara Exploration Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4.47 4.82 9.23 9.81 12.30

Competitive Comparison of Lara Exploration's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Lara 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.


Lara Exploration's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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


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Lara 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.

Lara Exploration's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.84/0.11
=16.73

* 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.

Lara Exploration's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Lara Exploration's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.172/127.3637*127.3637
=0.172

Current CPI (Dec. 2024) = 127.3637.

Lara Exploration Quarterly Data

Book Value per Share CPI Adj_Book
201503 0.101 99.789 0.129
201506 0.079 100.500 0.100
201509 0.085 100.421 0.108
201512 0.053 99.947 0.068
201603 0.057 101.054 0.072
201606 0.047 102.002 0.059
201609 0.119 101.765 0.149
201612 0.123 101.449 0.154
201703 0.122 102.634 0.151
201706 0.130 103.029 0.161
201709 0.148 103.345 0.182
201712 0.127 103.345 0.157
201803 0.093 105.004 0.113
201806 0.064 105.557 0.077
201809 0.048 105.636 0.058
201812 0.031 105.399 0.037
201903 0.067 106.979 0.080
201906 0.065 107.690 0.077
201909 0.046 107.611 0.054
201912 0.052 107.769 0.061
202003 0.047 107.927 0.055
202006 0.053 108.401 0.062
202009 0.051 108.164 0.060
202012 0.048 108.559 0.056
202103 0.046 110.298 0.053
202106 0.038 111.720 0.043
202109 0.034 112.905 0.038
202112 0.109 113.774 0.122
202203 0.107 117.646 0.116
202206 0.169 120.806 0.178
202209 0.166 120.648 0.175
202212 0.174 120.964 0.183
202303 0.161 122.702 0.167
202306 0.149 124.203 0.153
202309 0.139 125.230 0.141
202312 0.131 125.072 0.133
202403 0.118 126.258 0.119
202406 0.138 127.522 0.138
202409 0.142 127.285 0.142
202412 0.172 127.364 0.172

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.


Lara Exploration  (TSXV:LRA) 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.


Lara Exploration Cyclically Adjusted PB Ratio Related Terms

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


Lara Exploration Business Description

Traded in Other Exchanges
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Lara Exploration Ltd is engaged in the business of exploration. It operates in a single reportable segment, the acquisition and exploration of mineral properties in South America. It also has exploration and evaluation properties in Brazil, Peru, and Chile. The company projects include the Planalto Copper Project, the Liberdade Copper Project and others.
Executives
Christopher Randall Macintyre Senior Officer
Christopher Jones Director
Simon Henry Ingram Director, Senior Officer
Miles Frederick Thompson Director, Senior Officer
Stephen Mark Yuzpe Director
William Steers Director

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