Lithium Americas (TSX:LAC) ROE % Adjusted to Book Value : -2.21% (As of Mar. 2024)

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What is Lithium Americas ROE % Adjusted to Book Value?

Lithium Americas's ROE % for the quarter that ended in Mar. 2024 was -5.93%. Lithium Americas's PB Ratio for the quarter that ended in Mar. 2024 was 2.68. Lithium Americas's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 was -2.21%.

Lithium Americas ROE % Adjusted to Book Value Historical Data

The historical data trend for Lithium Americas's ROE % Adjusted to Book Value 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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Lithium Americas ROE % Adjusted to Book Value Chart

Lithium Americas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROE % Adjusted to Book Value

-0.84

Lithium Americas Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROE % Adjusted to Book Value	Get a 7-Day Free Trial					-	-	-	-5.82	-2.21

Competitive Comparison of Lithium Americas's ROE % Adjusted to Book Value

For the Other Industrial Metals & Mining subindustry, Lithium Americas's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Lithium Americas's ROE % Adjusted to Book Value Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lithium Americas's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Lithium Americas's ROE % Adjusted to Book Value falls into.

Lithium Americas ROE % Adjusted to Book Value Calculation

Lithium Americas's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2023 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	-2.11%	/	2.52
	=	-0.84%

Lithium Americas's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2024 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	-5.93%	/	2.68
	=	-2.21%

Lithium Americas ROE % Adjusted to Book Value Related Terms

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Lithium Americas (TSX:LAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas Corp (TSX:LAC) » Definitions » ROE % Adjusted to Book Value

Comparable Companies

Traded in Other Exchanges

LAC:USA WUC:Germany WUC:Germany

Address

900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5

Website

https://www.lithiumamericas.com

Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid-2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.