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Three Sixty Solar (Three Sixty Solar) Cyclically Adjusted PB Ratio : 0.20 (As of Jun. 08, 2024)


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What is Three Sixty Solar Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Three Sixty Solar's current share price is $0.0666. Three Sixty Solar's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.33. Three Sixty Solar's Cyclically Adjusted PB Ratio for today is 0.20.

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

VSOLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.61   Max: 11.43
Current: 0.17

During the past years, Three Sixty Solar's highest Cyclically Adjusted PB Ratio was 11.43. The lowest was 0.16. And the median was 0.61.

VSOLF's Cyclically Adjusted PB Ratio is ranked better than
97.24% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs VSOLF: 0.17

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.

Three Sixty Solar's adjusted book value per share data for the three months ended in Mar. 2024 was $-0.024. 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 $0.33 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Three Sixty Solar Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Three Sixty Solar'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.

Three Sixty Solar Cyclically Adjusted PB Ratio Chart

Three Sixty Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.21 0.38

Three Sixty Solar 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 1.28 1.11 0.38 0.28 0.22

Competitive Comparison of Three Sixty Solar's Cyclically Adjusted PB Ratio

For the Solar subindustry, Three Sixty Solar'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.


Three Sixty Solar's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Three Sixty Solar's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Three Sixty Solar 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.

Three Sixty Solar's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.0666/0.33
=0.20

* 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.

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

For example, Three Sixty Solar'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)
=-0.024/126.2576*126.2576
=-0.024

Current CPI (Mar. 2024) = 126.2576.

Three Sixty Solar Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.070 99.473 -0.089
201409 -0.072 99.394 -0.091
201412 -0.129 98.367 -0.166
201503 -0.135 99.789 -0.171
201506 -0.089 100.500 -0.112
201509 -0.098 100.421 -0.123
201512 -0.135 99.947 -0.171
201603 -0.138 101.054 -0.172
201606 -0.154 102.002 -0.191
201609 -0.063 101.765 -0.078
201612 0.203 101.449 0.253
201703 0.367 102.634 0.451
201706 0.642 103.029 0.787
201709 0.883 103.345 1.079
201712 1.186 103.345 1.449
201803 1.135 105.004 1.365
201806 1.068 105.557 1.277
201809 1.028 105.636 1.229
201812 0.877 105.399 1.051
201903 0.839 106.979 0.990
201906 0.779 107.690 0.913
201909 0.745 107.611 0.874
201912 0.715 107.769 0.838
202003 0.644 107.927 0.753
202006 0.632 108.401 0.736
202009 0.609 108.164 0.711
202012 0.589 108.559 0.685
202103 0.560 110.298 0.641
202106 0.520 111.720 0.588
202109 0.475 112.905 0.531
202112 0.350 113.774 0.388
202203 0.323 117.646 0.347
202206 -0.004 120.806 -0.004
202209 0.095 120.648 0.099
202212 0.075 120.964 0.078
202303 0.014 122.702 0.014
202306 0.017 124.203 0.017
202309 -0.012 125.230 -0.012
202312 -0.017 125.072 -0.017
202403 -0.024 126.258 -0.024

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.


Three Sixty Solar  (OTCPK:VSOLF) 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.


Three Sixty Solar Cyclically Adjusted PB Ratio Related Terms

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


Three Sixty Solar (Three Sixty Solar) Business Description

Traded in Other Exchanges
Address
408 - 55 Water Street, Office 8312, Vancouver, BC, CAN, V6B 1A1
Three Sixty Solar Ltd is engaged in designing and developing vertical solar towers to provide a range of energy solutions for small commercial projects up to large utility-scale solar farms.

Three Sixty Solar (Three Sixty Solar) Headlines