What is Solareast Holdings Co Book Value per Share?
Solareast Holdings Co's book value per share for the quarter that ended in Mar. 2024 was ¥4.83.
During the past 12 months, Solareast Holdings Co's average Book Value Per Share Growth Rate was 4.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 5.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 0.10% 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 Solareast Holdings Co was 44.70% per year. The lowest was -5.50% per year. And the median was 3.15% per year.
During the past 13 years, the highest P/B Ratio of Solareast Holdings Co was 4.64. The lowest was 0.74. And the median was 1.41.
Good Sign:
Solareast Holdings Co Ltd stock PB Ratio (=0.86) is close to 5-year low of 0.86
Solareast Holdings Co Book Value per Share Historical Data
The historical data trend for Solareast Holdings Co'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.
Competitive Comparison of Solareast Holdings Co's Book Value per Share
For the Solar subindustry, Solareast Holdings Co'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.
Solareast Holdings Co's PB Ratio Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Solareast Holdings Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Solareast Holdings Co's PB Ratio falls into.
Solareast Holdings Co Book Value per Share Calculation
Solareast Holdings Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Solareast Holdings Co (SHSE:603366) 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.
Solareast Holdings Co Book Value per Share Related Terms
Thank you for viewing the detailed overview of Solareast Holdings Co's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Solareast Holdings Co (SHSE:603366) Business Description
Solareast Holdings Co Ltd, formerly Jiangsu Sunrain Solar Energy Co Ltd operates in the solar energy industry. It is specialized in research and application of solar energy. The company's products are exported to more than 100 countries and regions all over the world. It provides solutions for healthy hot water and water purification system. The product range includes heat pipe collector R1, U pipe collector, domestic series heat pump, non-pressure solar water heater, pressurized pre-heated solar water heater and solar charger.
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