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Solar AS (LTS:0G33) Cyclically Adjusted Book per Share : kr258.42 (As of Dec. 2024)


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What is Solar AS Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Solar AS's adjusted book value per share for the three months ended in Dec. 2024 was kr250.308. 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 kr258.42 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Solar AS's average Cyclically Adjusted Book Growth Rate was -0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.30% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Solar AS was 0.90% per year. The lowest was -1.70% per year. And the median was 0.60% per year.

As of today (2025-05-28), Solar AS's current stock price is kr247.00. Solar AS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was kr258.42. Solar AS's Cyclically Adjusted PB Ratio of today is 0.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Solar AS was 3.49. The lowest was 0.64. And the median was 1.50.


Solar AS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Solar AS's Cyclically Adjusted Book 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.

* Premium members only.

Solar AS Cyclically Adjusted Book per Share Chart

Solar AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 246.73 252.24 265.53 259.53 258.42

Solar AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Cyclically Adjusted Book 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 259.53 260.32 260.98 259.18 258.42

Competitive Comparison of Solar AS's Cyclically Adjusted Book per Share

For the Electronics & Computer Distribution subindustry, Solar AS'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.


Solar AS's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Solar AS Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Solar AS's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=250.308/118.9000*118.9000
=250.308

Current CPI (Dec. 2024) = 118.9000.

Solar AS Quarterly Data

Book Value per Share CPI Adj_Book
201503 223.297 100.200 264.970
201506 228.899 100.300 271.347
201509 230.681 100.200 273.732
201512 234.413 99.800 279.276
201603 234.723 100.200 278.529
201606 226.563 100.600 267.777
201609 223.486 100.200 265.194
201612 230.611 100.300 273.376
201703 236.092 101.200 277.385
201706 232.392 101.200 273.038
201709 239.107 101.800 279.271
201712 218.005 101.300 255.881
201803 218.416 101.700 255.356
201806 217.046 102.300 252.266
201809 225.404 102.400 261.724
201812 224.445 102.100 261.376
201903 207.591 102.900 239.869
201906 212.661 102.900 245.728
201909 207.180 102.900 239.395
201912 218.142 102.900 252.061
202003 197.451 103.300 227.269
202006 221.156 103.200 254.801
202009 231.296 103.500 265.711
202012 232.392 103.400 267.228
202103 221.690 104.300 252.722
202106 227.441 105.000 257.550
202109 244.283 105.800 274.530
202112 267.287 106.600 298.128
202203 247.569 109.900 267.843
202206 219.088 113.600 229.310
202209 241.545 116.400 246.733
202212 264.412 115.900 271.256
202303 234.150 117.300 237.344
202306 241.134 116.400 246.313
202309 254.827 117.400 258.083
202312 264.549 116.700 269.536
202403 229.632 118.400 230.602
202406 235.930 118.500 236.726
202409 244.283 118.900 244.283
202412 250.308 118.900 250.308

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Solar AS  (LTS:0G33) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Solar AS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=247.00/258.42
=0.96

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Solar AS was 3.49. The lowest was 0.64. And the median was 1.50.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Solar AS Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Solar AS's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Solar AS Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Solar AS (LTS:0G33) » Definitions » Cyclically Adjusted Book per Share
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Address
Industrivej Vest 43, Vejen, DNK, 6600
Solar AS is an sourcing and services company mainly within electrical, heating & plumbing and climate & energy solutions. Its core business centres on product sourcing, value-adding services and optimisation of customer's businesses. It has three business segment; Installation, Industry and Trade. Installation covers installation of electrical, and heating and plumbing products, while industry covers industry, offshore and marine, and utility and infrastructure, trade covers other small areas. Key revenue is generated from Installation segment. The company operates in Denmark, Sweden, Norway, Netherlands, Poland and Others.

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