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Atlantic Lithium (LSE:ALL) Cyclically Adjusted PB Ratio : 4.36 (As of May. 14, 2024)


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What is Atlantic Lithium Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Atlantic Lithium's current share price is £0.218. Atlantic Lithium's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was £0.05. Atlantic Lithium's Cyclically Adjusted PB Ratio for today is 4.36.

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

LSE:ALL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.27
Current: 4.78

During the past 13 years, Atlantic Lithium's highest Cyclically Adjusted PB Ratio was 6.27. The lowest was 0.00. And the median was 0.00.

LSE:ALL's Cyclically Adjusted PB Ratio is ranked worse than
89.54% of 1615 companies
in the Metals & Mining industry
Industry Median: 0.86 vs LSE:ALL: 4.78

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.

Atlantic Lithium's adjusted book value per share data of for the fiscal year that ended in Jun23 was £0.026. 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 £0.05 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlantic Lithium Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atlantic 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.

Atlantic Lithium Cyclically Adjusted PB Ratio Chart

Atlantic 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 - 3.16 5.45 9.00 5.51

Atlantic Lithium Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 9.00 - 5.51 -

Competitive Comparison of Atlantic Lithium's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Atlantic 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.


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

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

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



Atlantic 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.218/0.05
=4.36

* 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.

Atlantic Lithium's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Atlantic Lithium's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.026/124.1700*124.1700
=0.026

Current CPI (Jun23) = 124.1700.

Atlantic Lithium Annual Data

Book Value per Share CPI Adj_Book
201406 0.002 98.352 0.003
201506 0.037 99.838 0.046
201606 0.034 100.859 0.042
201706 0.028 102.809 0.034
201806 0.049 104.945 0.058
201906 0.055 106.617 0.064
202006 0.055 106.246 0.064
202106 0.072 110.332 0.081
202206 0.034 117.112 0.036
202306 0.026 124.170 0.026

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.


Atlantic Lithium  (LSE:ALL) 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.


Atlantic Lithium Cyclically Adjusted PB Ratio Related Terms

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


Atlantic Lithium (LSE:ALL) Business Description

Traded in Other Exchanges
Address
264 George Street, Level 33, Australia Square, Sydney, NSW, AUS, 2000
Atlantic Lithium Ltd is an Australia-based lithium exploration company. It owns an extensive portfolio of exploration and development assets providing exploration upside across both Ghana and Cote d'Ivoire.

Atlantic Lithium (LSE:ALL) Headlines