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SunPower (SunPower) Cyclically Adjusted PB Ratio : 0.37 (As of Apr. 27, 2024)


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What is SunPower Cyclically Adjusted PB Ratio?

As of today (2024-04-27), SunPower's current share price is $1.99. SunPower's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.35. SunPower's Cyclically Adjusted PB Ratio for today is 0.37.

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

SPWR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.23   Max: 7.18
Current: 0.35

During the past years, SunPower's highest Cyclically Adjusted PB Ratio was 7.18. The lowest was 0.30. And the median was 1.23.

SPWR's Cyclically Adjusted PB Ratio is ranked better than
94.31% of 668 companies
in the Semiconductors industry
Industry Median: 2.38 vs SPWR: 0.35

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.

SunPower's adjusted book value per share data for the three months ended in Dec. 2023 was $1.743. 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 $5.35 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SunPower Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SunPower'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.

SunPower Cyclically Adjusted PB Ratio Chart

SunPower 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 0.56 3.41 3.19 3.00 0.90

SunPower Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.00 2.33 1.69 1.10 0.90

Competitive Comparison of SunPower's Cyclically Adjusted PB Ratio

For the Solar subindustry, SunPower'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.


SunPower's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



SunPower 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.

SunPower's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.99/5.35
=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.

SunPower's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, SunPower's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.743/129.4194*129.4194
=1.743

Current CPI (Dec. 2023) = 129.4194.

SunPower Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.271 99.695 12.035
201406 10.284 100.560 13.235
201409 10.563 100.428 13.612
201412 11.670 99.070 15.245
201503 11.225 99.621 14.583
201506 11.246 100.684 14.456
201509 11.200 100.392 14.438
201512 10.600 99.792 13.747
201603 9.832 100.470 12.665
201606 9.422 101.688 11.991
201609 9.218 101.861 11.712
201612 7.276 101.863 9.244
201703 5.937 102.862 7.470
201706 5.351 103.349 6.701
201709 5.036 104.136 6.259
201712 4.212 104.011 5.241
201803 3.388 105.290 4.164
201806 0.247 106.317 0.301
201809 -0.397 106.507 -0.482
201812 -1.478 105.998 -1.805
201903 -2.011 107.251 -2.427
201906 -1.112 108.070 -1.332
201909 -1.169 108.329 -1.397
201912 0.060 108.420 0.072
202003 0.056 108.902 0.067
202006 0.186 108.767 0.221
202009 -0.061 109.815 -0.072
202012 2.371 109.897 2.792
202103 2.088 111.754 2.418
202106 2.564 114.631 2.895
202109 2.118 115.734 2.368
202112 2.207 117.630 2.428
202203 2.063 121.301 2.201
202206 2.374 125.017 2.458
202209 3.202 125.227 3.309
202212 3.186 125.222 3.293
202303 2.873 127.348 2.920
202306 2.722 128.729 2.737
202309 2.411 129.860 2.403
202312 1.743 129.419 1.743

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.


SunPower  (NAS:SPWR) 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.


SunPower Cyclically Adjusted PB Ratio Related Terms

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


SunPower (SunPower) Business Description

Industry
Traded in Other Exchanges
Address
51 Rio Robles, San Jose, CA, USA, 95134
SunPower is a leading solar technology and energy services provider that offers fully integrated solar, storage, and home energy solutions to customers primarily in the United States and Canada through an array of hardware, software, and financing options and smart energy solutions. The company's sales channels include a network of both installing and noninstalling dealers and resellers that operate in residential and commercial markets as well as a group of in-house sales teams in each segment engaged in direct sales to end customers.
Executives
Elizabeth Lynne Eby officer: EVP, CFO 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Jennifer Johnston officer: EVP, Chief Operating Officer 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Audrey Zibelman director 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Steve Louden director C/O ROKU, INC., 150 WINCHESTER CIRCLE, LOS GATOS CA 95032
Vichheka Heang officer: Principal Accounting Officer 77 RIO ROBLES, C/O SUNPOWER CORPORATION, SAN JOSE CA 95134
June Sauvaget officer: EVP, Chief Marketing Officer 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Eileen Evans officer: EVP, Chief Legal Officer 3000 HANOVER STREET, PALO ALTO CA 94304
Nathaniel Anschuetz director C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Jonathan Bram director C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Guthrie Dundas officer: Interim CFO 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Gip Iii Sol Holdings, L.p. director, 10 percent owner 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Global Infrastructure Investors Iii, Llc director, 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Global Infrastructure Gp Iii, L.p. director, 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Gip Iii Sol Acquisition, Llc director, 10 percent owner 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Totalenergies Gestion Usa Sarl 10 percent owner LA DEFENSE 6 2 PLACE JEAN MILLIER, COURBEVOIE, HAUTS-DE-SEINE I0 92400

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