Lithium Price Book Value Ratio from 2010 to 2024

LAC Stock  USD 3.97  0.09  2.32%   
Lithium Americas' Price Book Value Ratio is increasing over the years with slightly volatile fluctuation. Overall, Price Book Value Ratio is expected to go to 2.66 this year. During the period from 2010 to 2024 Lithium Americas Price Book Value Ratio annual values regression line had coefficient of variation of (429.55) and r-squared of  0.19. View All Fundamentals
 
Price Book Value Ratio  
First Reported
2010-12-31
Previous Quarter
2.53185167
Current Value
2.66
Quarterly Volatility
102.74471296
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Lithium Americas financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lithium Americas' main balance sheet or income statement drivers, such as Depreciation And Amortization of 482.6 K, Interest Expense of 3.6 M or Selling General Administrative of 9.8 M, as well as many indicators such as Price To Sales Ratio of 74.86, Dividend Yield of 0.0 or PTB Ratio of 2.66. Lithium financial statements analysis is a perfect complement when working with Lithium Americas Valuation or Volatility modules.
  
Check out the analysis of Lithium Americas Correlation against competitors.

Latest Lithium Americas' Price Book Value Ratio Growth Pattern

Below is the plot of the Price Book Value Ratio of Lithium Americas Corp over the last few years. It is Lithium Americas' Price Book Value Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Lithium Americas' overall financial position and show how it may be relating to other accounts over time.
Price Book Value Ratio10 Years Trend
Slightly volatile
   Price Book Value Ratio   
       Timeline  

Lithium Price Book Value Ratio Regression Statistics

Arithmetic Mean(23.92)
Coefficient Of Variation(429.55)
Mean Deviation49.51
Median2.39
Standard Deviation102.74
Sample Variance10,556
Range402
R-Value0.44
Mean Square Error9,169
R-Squared0.19
Significance0.10
Slope10.11
Total Sum of Squares147,791

Lithium Price Book Value Ratio History

2024 2.66
2023 2.53
2022 2.39
2021 5.37
2020 6.51
2019 1.09
2018 2.11

About Lithium Americas Financial Statements

Lithium Americas stakeholders use historical fundamental indicators, such as Lithium Americas' Price Book Value Ratio, to determine how well the company is positioned to perform in the future. Although Lithium Americas investors may analyze each financial statement separately, they are all interrelated. For example, changes in Lithium Americas' assets and liabilities are reflected in the revenues and expenses on Lithium Americas' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Lithium Americas Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Book Value Ratio 2.53  2.66 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Lithium Americas Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lithium Americas' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lithium Americas Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lithium Americas Corp Stock:
Check out the analysis of Lithium Americas Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Diversified Metals & Mining space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lithium Americas. If investors know Lithium will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lithium Americas listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.126
Earnings Share
(0.12)
Revenue Per Share
0.02
Quarterly Revenue Growth
0.081
Return On Assets
(0.04)
The market value of Lithium Americas Corp is measured differently than its book value, which is the value of Lithium that is recorded on the company's balance sheet. Investors also form their own opinion of Lithium Americas' value that differs from its market value or its book value, called intrinsic value, which is Lithium Americas' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lithium Americas' market value can be influenced by many factors that don't directly affect Lithium Americas' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lithium Americas' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lithium Americas is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lithium Americas' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.