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EAM Solar ASA (OSL:EAM) Cyclically Adjusted PB Ratio : 0.37 (As of Jun. 06, 2024)


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What is EAM Solar ASA Cyclically Adjusted PB Ratio?

As of today (2024-06-06), EAM Solar ASA's current share price is kr9.70. EAM Solar ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr26.23. EAM Solar ASA's Cyclically Adjusted PB Ratio for today is 0.37.

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

OSL:EAM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.18   Max: 0.59
Current: 0.34

During the past years, EAM Solar ASA's highest Cyclically Adjusted PB Ratio was 0.59. The lowest was 0.10. And the median was 0.18.

OSL:EAM's Cyclically Adjusted PB Ratio is ranked better than
84.67% of 274 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.26 vs OSL:EAM: 0.34

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.

EAM Solar ASA's adjusted book value per share data for the three months ended in Mar. 2024 was kr2.655. 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 kr26.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EAM Solar ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EAM Solar ASA'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.

EAM Solar ASA Cyclically Adjusted PB Ratio Chart

EAM Solar ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.19 0.12 0.59

EAM Solar ASA 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 0.13 0.13 0.23 0.59 0.51

Competitive Comparison of EAM Solar ASA's Cyclically Adjusted PB Ratio

For the Utilities - Renewable subindustry, EAM Solar ASA'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.


EAM Solar ASA's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, EAM Solar ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where EAM Solar ASA's Cyclically Adjusted PB Ratio falls into.



EAM Solar ASA 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.

EAM Solar ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.70/26.23
=0.37

* 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.

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

For example, EAM Solar ASA'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)
=2.655/132.6000*132.6000
=2.655

Current CPI (Mar. 2024) = 132.6000.

EAM Solar ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 171.324 97.500 233.001
201409 82.426 98.500 110.961
201412 79.479 98.600 106.886
201503 75.845 99.200 101.382
201506 76.721 100.100 101.630
201509 81.816 100.600 107.841
201512 -45.513 100.900 -59.812
201603 -59.796 102.500 -77.356
201606 -74.764 103.800 -95.508
201609 28.272 104.200 35.978
201612 26.216 104.400 33.297
201703 22.747 105.000 28.726
201706 25.147 105.800 31.517
201709 18.889 105.900 23.651
201712 19.909 106.100 24.882
201803 17.854 107.300 22.064
201806 16.543 108.500 20.218
201809 17.312 109.500 20.964
201812 16.767 109.800 20.249
201903 15.630 110.400 18.773
201906 15.295 110.600 18.337
201909 17.486 111.100 20.870
201912 16.027 111.300 19.094
202003 15.607 111.200 18.611
202006 15.092 112.100 17.852
202009 16.069 112.900 18.873
202012 14.952 112.900 17.561
202103 13.609 114.600 15.747
202106 12.722 115.300 14.631
202109 11.664 117.500 13.163
202112 10.028 118.900 11.183
202203 9.002 119.800 9.964
202206 8.561 122.600 9.259
202209 8.203 125.600 8.660
202212 5.905 125.900 6.219
202303 5.472 127.600 5.686
202306 4.442 130.400 4.517
202309 3.797 129.800 3.879
202312 2.951 131.900 2.967
202403 2.655 132.600 2.655

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.


EAM Solar ASA  (OSL:EAM) 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.


EAM Solar ASA Cyclically Adjusted PB Ratio Related Terms

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


EAM Solar ASA (OSL:EAM) Business Description

Traded in Other Exchanges
Address
Bryggetorget 7, Oslo, NOR, 0250
EAM Solar ASA is an Investment company that acquires and operates solar power plants for long-term ownership. The company is mainly active in Italy and operates four solar power plants which generate electricity. The solar power plants operated by the company are Lorusso, Brundesini, Scardino, and ENFO 25.

EAM Solar ASA (OSL:EAM) Headlines

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