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Volt Lithium (Volt Lithium) Cyclically Adjusted PB Ratio : 1.01 (As of May. 28, 2024)


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What is Volt Lithium Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Volt Lithium's current share price is $0.1621. Volt Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.16. Volt Lithium's Cyclically Adjusted PB Ratio for today is 1.01.

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

VLTLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.07   Max: 1.15
Current: 1.15

During the past years, Volt Lithium's highest Cyclically Adjusted PB Ratio was 1.15. The lowest was 0.01. And the median was 0.07.

VLTLF's Cyclically Adjusted PB Ratio is ranked worse than
57.76% of 1617 companies
in the Metals & Mining industry
Industry Median: 0.88 vs VLTLF: 1.15

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.

Volt Lithium's adjusted book value per share data for the three months ended in Dec. 2023 was $0.069. 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 $0.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Volt Lithium Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Volt 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.

* Premium members only.

Volt Lithium Cyclically Adjusted PB Ratio Chart

Volt Lithium Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.08 0.23 0.15 0.80

Volt Lithium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.23 0.72 0.80 0.97 1.06

Competitive Comparison of Volt Lithium's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Volt 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.


Volt Lithium's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

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

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



Volt 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.

Volt Lithium's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.1621/0.16
=1.01

* 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.

Volt Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Volt Lithium's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.069/125.0724*125.0724
=0.069

Current CPI (Dec. 2023) = 125.0724.

Volt Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.596 98.604 2.024
201406 0.908 99.473 1.142
201409 0.681 99.394 0.857
201412 0.432 98.367 0.549
201503 0.286 99.789 0.358
201506 0.190 100.500 0.236
201509 -0.037 100.421 -0.046
201512 -0.154 99.947 -0.193
201603 -0.388 101.054 -0.480
201606 0.361 102.002 0.443
201609 0.268 101.765 0.329
201612 0.176 101.449 0.217
201703 0.223 102.634 0.272
201706 0.180 103.029 0.219
201709 0.199 103.345 0.241
201712 0.289 103.345 0.350
201803 1.792 105.004 2.134
201806 0.971 105.557 1.151
201809 0.914 105.636 1.082
201812 0.843 105.399 1.000
201903 0.826 106.979 0.966
201906 -0.512 107.690 -0.595
201909 -0.573 107.611 -0.666
201912 -0.617 107.769 -0.716
202003 -0.631 107.927 -0.731
202006 -0.850 108.401 -0.981
202009 -0.890 108.164 -1.029
202012 -0.945 108.559 -1.089
202103 -0.494 110.298 -0.560
202106 0.017 111.720 0.019
202109 -0.005 112.905 -0.006
202112 0.112 113.774 0.123
202203 0.105 117.646 0.112
202206 0.099 120.806 0.102
202209 0.090 120.648 0.093
202212 0.099 120.964 0.102
202303 0.076 122.702 0.077
202306 0.067 124.203 0.067
202309 0.076 125.230 0.076
202312 0.069 125.072 0.069

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.


Volt Lithium  (OTCPK:VLTLF) 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.


Volt Lithium Cyclically Adjusted PB Ratio Related Terms

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


Volt Lithium (Volt Lithium) Business Description

Traded in Other Exchanges
Address
639-5th Avenue SW, Suite 1925, Calgary, AB, CAN, T2P 0M9
Volt Lithium Corp is a lithium development and technology company aiming to be North America's first commercial producer of lithium hydroxide and lithium carbonates from oilfield brine. The Company is developing its lithium project in the area of Rainbow Lake, in Northwest Alberta (the Rainbow Lake Lithium Project on the backbone of the mature and sophisticated Alberta oil industry that will allow the Company to catapult its development.