Citizen Solar (BOM:538786) Book Value per Share: ₹77.60 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:538786 Citizen Solar Ltd BOM:538786
41 GF Score
Price ₹212.75
! 3 Warning Signs
View Full Analysis

What is Citizen Solar Book Value per Share?

Citizen Solar BOM:538786 -4.98% 41 Book Value per Share is ₹77.60 as of Mar. 2026. GuruFocus rates BOM:538786 with a GF Score™ of 41/100. The stock has 3 warning signs investors should review.

Citizen Solar's book value per share for the quarter that ended in Mar. 2026 was ₹77.60.

During the past 12 months, Citizen Solar's average Book Value Per Share Growth Rate was 803.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 108.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 37.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Citizen Solar was 108.90% per year. The lowest was -7.90% per year. And the median was -0.70% per year.

Citizen Solar's current price is ₹212.75. Its book value per share for the quarter that ended in Mar. 2026 was ₹77.60. Hence, today's PB Ratio of Citizen Solar is 2.74.

During the past 13 years, the highest P/B Ratio of Citizen Solar was 34.34. The lowest was 0.26. And the median was 0.74.

Good Sign:

Citizen Solar Ltd stock PB Ratio (=2.89) is close to 3-year low of 2.89.


Citizen Solar  (BOM:538786) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Citizen Solar Book Value per Share Related Terms


Citizen Solar Book Value per Share Historical Data

* Premium members only.

The historical data trend for Citizen Solar's Book Value per Share 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.

Citizen Solar Book Value per Share Chart

Citizen Solar Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.49 8.51 8.53 8.59 77.60

Citizen Solar Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share 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 8.59 0.00 8.94 0.00 77.60

BOM:538786 vs FSLR, NXT, ENPH: Book Value per Share Comparison

For the Solar subindustry, Citizen Solar's PB Ratio, along with its competitors' market caps and 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.


Citizen Solar PB Ratio vs Semiconductors Industry

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

* The bar in red indicates where Citizen Solar's PB Ratio falls into.


BOM:538786
41GF Score
Citizen Solar Ltd BOM:538786
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Citizen Solar Book Value per Share Calculation

Citizen Solar's Book Value Per Share for the fiscal year that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(419-0)/5
=77.60

Citizen Solar's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(419-0)/5
=77.60

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of ₹77.60 mean?
Citizen Solar (BOM:538786) has a Book Value per Share of ₹77.60 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Citizen Solar and its competitors.
Is Citizen Solar's Book Value per Share too high?
Citizen Solar's current Book Value per Share is ₹77.60. Overall, Citizen Solar has a GF Score™ of 41/100, reflecting its overall financial health beyond just this single metric.
How does Citizen Solar's Book Value per Share compare to FSLR and NXT?
Citizen Solar's Book Value per Share of ₹77.60 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Semiconductors company?
A good Book Value per Share depends on the Semiconductors industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Citizen Solar and its competitors. Citizen Solar's current Book Value per Share is ₹77.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Citizen Solar stock overvalued right now?
Citizen Solar (BOM:538786) has a current Book Value per Share of ₹77.60. The current Book Value per Share is ₹77.60. Citizen Solar's overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Citizen Solar (BOM:538786), the current Book Value per Share is ₹77.60 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Citizen Solar Business Description

Address Ashram Road, 411, Sakar - 2, Ellisbridge Corner, Ahmedabad, GJ, IND, 380006
Citizen Solar Ltd operates as a solar panel and solar inverter manufacturer in India. It comprises of two main divisions that include Citizen Solar Technology and Solar Inverter Manufacturer. The company serves various industries and businesses spread across multiple verticals such as Textiles, Manufacturing, Exports, etc.
41GF Score

Get the complete analysis for BOM:538786

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹212.75
Price