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Century Lithium (Century Lithium) Cyclically Adjusted PB Ratio : 2.07 (As of Jun. 06, 2024)


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What is Century Lithium Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Century Lithium's current share price is $0.2482. Century Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.12. Century Lithium's Cyclically Adjusted PB Ratio for today is 2.07.

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

CYDVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.02
Current: 2.33

During the past years, Century Lithium's highest Cyclically Adjusted PB Ratio was 6.02. The lowest was 0.00. And the median was 0.00.

CYDVF's Cyclically Adjusted PB Ratio is ranked worse than
75.98% of 1632 companies
in the Metals & Mining industry
Industry Median: 0.87 vs CYDVF: 2.33

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.

Century Lithium's adjusted book value per share data for the three months ended in Mar. 2024 was $0.271. 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 $0.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Century Lithium Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Century 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.

Century Lithium Cyclically Adjusted PB Ratio Chart

Century Lithium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 4.15 14.02 6.61 3.22

Century Lithium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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 6.61 7.42 4.15 3.22 4.98

Competitive Comparison of Century Lithium's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Century 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.


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

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

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



Century 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.2482/0.12
=2.07

* 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.

Century Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Century Lithium's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.271/126.2576*126.2576
=0.271

Current CPI (Mar. 2024) = 126.2576.

Century Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.118 98.604 0.151
201406 0.116 99.473 0.147
201409 0.102 99.394 0.130
201412 0.085 98.367 0.109
201503 0.070 99.789 0.089
201506 0.064 100.500 0.080
201509 0.051 100.421 0.064
201512 0.044 99.947 0.056
201603 0.041 101.054 0.051
201606 0.040 102.002 0.050
201609 0.021 101.765 0.026
201612 0.028 101.449 0.035
201703 0.026 102.634 0.032
201706 0.024 103.029 0.029
201709 0.034 103.345 0.042
201712 0.034 103.345 0.042
201803 0.031 105.004 0.037
201806 0.031 105.557 0.037
201809 0.030 105.636 0.036
201812 0.040 105.399 0.048
201903 0.039 106.979 0.046
201906 0.037 107.690 0.043
201909 0.042 107.611 0.049
201912 0.044 107.769 0.052
202003 0.039 107.927 0.046
202006 0.040 108.401 0.047
202009 0.047 108.164 0.055
202012 0.053 108.559 0.062
202103 0.169 110.298 0.193
202106 0.172 111.720 0.194
202109 0.175 112.905 0.196
202112 0.211 113.774 0.234
202203 0.292 117.646 0.313
202206 0.308 120.806 0.322
202209 0.295 120.648 0.309
202212 0.284 120.964 0.296
202303 0.280 122.702 0.288
202309 0.275 125.230 0.277
202312 0.274 125.072 0.277
202403 0.271 126.258 0.271

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.


Century Lithium  (OTCPK:CYDVF) 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.


Century Lithium Cyclically Adjusted PB Ratio Related Terms

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


Century Lithium (Century Lithium) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, Suite 1610, PO Box 10427, Vancouver, BC, CAN, V7Y 1K4
Century Lithium Corp Is a lithium exploration company engaged in the acquisition, exploration, evaluation, and development of resource properties located in the United States. It has focused on developing owned Clayton Valley Lithium Project in Nevada, USA. The company discovered a world-class resource of lithium-bearing claystone, adjacent to the Albemarle Silver Peak mine, North America's only lithium brine operation. It is actively processing material from its lithium-bearing claystone deposit at its lithium extraction facility in Amargosa Valley, Nevada.