Lithium Americas Corp. operates as a resource company in the United States and Argentina. The company explores for lithium deposits. It owns interests in the Cauchari-Olaroz project located in Jujuy province of Argentina; Thacker Pass project located in north-western Nevada; and Pastos Grandes project located in the Salta province of Argentina. The company was formerly known as Western Lithium USA Corporation and changed its name to Lithium Americas Corp. in March 2016. Lithium Americas Corp. was incorporated in 2007 and is headquartered in Vancouver, Canada.
P/B ratio for Lithium Americas Corp. (LAC)
P/B ratio as of 2023: 2.53
According to Lithium Americas Corp.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 2.53. At the end of 2022 the company had a P/B ratio of 2.39.
P/B ratio history for Lithium Americas Corp. from 2007 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 2.53 |
| 2022 | 2.39 |
| 2021 | 5.37 |
| 2020 | 6.51 |
| 2019 | 1.09 |
| 2018 | 2.11 |
| 2017 | 3.95 |
| 2016 | 2.64 |
| 2015 | 0.31 |
| 2014 | 2.38 |
| 2013 | 1.12 |
| 2012 | 0.76 |
| 2011 | 1.01 |
| 2010 | 3.56 |
| 2009 | 5.42 |
| 2008 | 3.56 |
| 2007 | -395.27 |