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Sigma Lithium (TSXV:SGML) Cyclically Adjusted PB Ratio : 35.79 (As of May. 22, 2024)


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What is Sigma Lithium Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Sigma Lithium's current share price is C$23.62. Sigma Lithium's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.66. Sigma Lithium's Cyclically Adjusted PB Ratio for today is 35.79.

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

TSXV:SGML' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 25.77   Med: 60.2   Max: 79.27
Current: 37.3

During the past years, Sigma Lithium's highest Cyclically Adjusted PB Ratio was 79.27. The lowest was 25.77. And the median was 60.20.

TSXV:SGML's Cyclically Adjusted PB Ratio is ranked worse than
99.2% of 1615 companies
in the Metals & Mining industry
Industry Median: 0.9 vs TSXV:SGML: 37.30

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.

Sigma Lithium's adjusted book value per share data for the three months ended in Mar. 2024 was C$1.857. 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 C$0.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sigma Lithium Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sigma 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.

Sigma Lithium Cyclically Adjusted PB Ratio Chart

Sigma Lithium Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 39.42 88.90 69.58

Sigma Lithium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 108.67 105.71 80.09 69.58 26.73

Competitive Comparison of Sigma Lithium's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Sigma 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.


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

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

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



Sigma 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.62/0.66
=35.79

* 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.

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

For example, Sigma 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)
=1.857/159.3724*159.3724
=1.857

Current CPI (Mar. 2024) = 159.3724.

Sigma Lithium Quarterly Data

Book Value per Share CPI Adj_Book
201404 -0.059 91.053 -0.103
201407 -0.111 91.847 -0.193
201410 0.486 92.991 0.833
201501 0.462 95.362 0.772
201504 0.446 98.494 0.722
201507 0.422 100.626 0.668
201510 0.250 102.223 0.390
201601 0.105 105.571 0.159
201604 0.010 107.632 0.015
201607 -0.002 109.417 -0.003
201610 0.012 110.272 0.017
201701 -0.012 111.223 -0.017
201704 0.122 112.026 0.174
201707 0.096 112.384 0.136
201710 0.052 113.251 0.073
201803 -0.051 114.868 -0.071
201806 0.192 117.038 0.261
201809 0.173 117.881 0.234
201812 0.170 118.340 0.229
201903 0.153 120.124 0.203
201906 0.139 120.977 0.183
201909 0.126 121.292 0.166
201912 0.127 123.436 0.164
202003 0.106 124.092 0.136
202006 0.097 123.557 0.125
202009 0.299 125.095 0.381
202012 0.280 129.012 0.346
202103 0.695 131.660 0.841
202106 0.698 133.871 0.831
202109 0.683 137.913 0.789
202112 1.861 141.992 2.089
202203 1.884 146.537 2.049
202206 1.778 149.784 1.892
202209 0.000 147.800 0.000
202212 1.749 150.207 1.856
202303 1.653 153.352 1.718
202306 1.622 154.519 1.673
202309 1.999 155.464 2.049
202312 1.947 157.148 1.975
202403 1.857 159.372 1.857

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.


Sigma Lithium  (TSXV:SGML) 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.


Sigma Lithium Cyclically Adjusted PB Ratio Related Terms

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


Sigma Lithium (TSXV:SGML) Business Description

Traded in Other Exchanges
Address
Avenida Nove de Julho 4939, 9th Floor, Torre Europa, Itaim, Sao Paulo, SP, BRA, 01407-200
Sigma Lithium Corp is dedicated to powering the next generation of electric vehicle batteries with environmentally sustainable and high-purity lithium. The company is in construction at its wholly owned Grota do Cirilo Project in Brazil, one of the largest and highest-grade hard rock lithium spodumene deposits in the Americas. It is committed to strong ESG practices and is aiming to be net zero emissions by 2024. Its green-friendly processing plant will use 100% renewable energy, 100% recycled water and 100% dry-stack tailings.

Sigma Lithium (TSXV:SGML) Headlines

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