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Lithiumbank Resources (STU:HT9) Shiller PE Ratio : (As of Dec. 14, 2024)


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What is Lithiumbank Resources Shiller PE Ratio?

Lithiumbank Resources does not have a history long enough to calculate E10. Therefore GuruFocus does not calculate Shiller PE Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lithiumbank Resources Shiller PE Ratio Historical Data

The historical data trend for Lithiumbank Resources's Shiller PE 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.

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Lithiumbank Resources Shiller PE Ratio Chart

Lithiumbank Resources Annual Data
Trend Sep21 Sep22 Sep23
Shiller PE Ratio
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Lithiumbank Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Shiller PE 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 - - - - -

Competitive Comparison of Lithiumbank Resources's Shiller PE Ratio

For the Other Industrial Metals & Mining subindustry, Lithiumbank Resources's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Lithiumbank Resources's Shiller PE Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lithiumbank Resources's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Lithiumbank Resources's Shiller PE Ratio falls into.



Lithiumbank Resources Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Lithiumbank Resources does not have a history long enough to calculate E10. Therefore GuruFocus does not calculate Shiller PE Ratio for this company.


Lithiumbank Resources  (STU:HT9) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Lithiumbank Resources Shiller PE Ratio Related Terms

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Lithiumbank Resources Business Description

Traded in Other Exchanges
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
Lithiumbank Resources Corp is engaged in the exploration and development company focused on lithium-enriched brine projects in Western Canada. It holds interests in Boardwalk, Park Place and Saskatchewan mineral properties.

Lithiumbank Resources Headlines

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