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Imagine Lithium (Imagine Lithium) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is Imagine Lithium Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Imagine Lithium Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Imagine 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.

Imagine Lithium Cyclically Adjusted PB Ratio Chart

Imagine Lithium Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.05 0.08 0.32 1.05

Imagine Lithium Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.57 1.05 2.68 5.71 -

Competitive Comparison of Imagine Lithium's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Imagine 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.


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

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

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



Imagine 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.

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

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

Adj_Book=Book Value per Share/CPI of Oct. 2023 (Change)*Current CPI (Oct. 2023)
=0.047/125.3095*125.3095
=0.047

Current CPI (Oct. 2023) = 125.3095.

Imagine Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201401 -0.628 97.261 -0.809
201404 -0.138 98.920 -0.175
201407 0.005 99.315 0.006
201410 -0.025 99.473 -0.031
201501 -0.373 98.209 -0.476
201504 -0.310 99.710 -0.390
201507 -0.073 100.579 -0.091
201510 -0.084 100.500 -0.105
201601 -0.072 100.184 -0.090
201604 -0.009 101.370 -0.011
201607 0.045 101.844 0.055
201610 0.035 102.002 0.043
201701 0.041 102.318 0.050
201704 0.052 103.029 0.063
201707 0.050 103.029 0.061
201710 0.051 103.424 0.062
201801 0.079 104.056 0.095
201804 0.075 105.320 0.089
201807 0.067 106.110 0.079
201810 0.066 105.952 0.078
201901 0.061 105.557 0.072
201904 0.059 107.453 0.069
201907 0.059 108.243 0.068
201910 0.057 107.927 0.066
202001 0.049 108.085 0.057
202004 0.045 107.216 0.053
202007 0.043 108.401 0.050
202010 0.041 108.638 0.047
202101 0.042 109.192 0.048
202104 0.044 110.851 0.050
202107 0.042 112.431 0.047
202110 0.043 113.695 0.047
202201 0.047 114.801 0.051
202204 0.048 118.357 0.051
202207 0.039 120.964 0.040
202210 0.036 121.517 0.037
202301 0.036 121.596 0.037
202304 0.045 123.571 0.046
202307 0.047 124.914 0.047
202310 0.047 125.310 0.047

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.


Imagine Lithium  (OTCPK:ARXRF) 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.


Imagine Lithium Cyclically Adjusted PB Ratio Related Terms

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Imagine Lithium (Imagine Lithium) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
Imagine Lithium Inc is a junior mining exploration company focused on seeking and acquiring mineral projects. The company holds the Jackpot lithium property located near Nipigon, Ontario.

Imagine Lithium (Imagine Lithium) Headlines