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JinkoSolar Holding Co (MEX:JKS N) Cyclically Adjusted Book per Share : MXN870.38 (As of Mar. 2025)


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What is JinkoSolar Holding Co 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.

JinkoSolar Holding Co's adjusted book value per share for the three months ended in Mar. 2025 was MXN1,005.488. 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 MXN870.38 for the trailing ten years ended in Mar. 2025.

During the past 12 months, JinkoSolar Holding Co's average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.20% 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 JinkoSolar Holding Co was 12.00% per year. The lowest was 8.60% per year. And the median was 10.30% per year.

As of today (2025-07-06), JinkoSolar Holding Co's current stock price is MXN305.00. JinkoSolar Holding Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN870.38. JinkoSolar Holding Co's Cyclically Adjusted PB Ratio of today is 0.35.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of JinkoSolar Holding Co was 2.97. The lowest was 0.38. And the median was 1.06.


JinkoSolar Holding Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for JinkoSolar Holding Co'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.

JinkoSolar Holding Co Cyclically Adjusted Book per Share Chart

JinkoSolar Holding Co 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 492.44 548.98 717.11 566.34 767.40

JinkoSolar Holding Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 637.13 645.38 560.61 767.40 870.38

Competitive Comparison of JinkoSolar Holding Co's Cyclically Adjusted Book per Share

For the Solar subindustry, JinkoSolar Holding Co'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.


JinkoSolar Holding Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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JinkoSolar Holding Co 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, JinkoSolar Holding Co's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=1005.488/115.1156*115.1156
=1,005.488

Current CPI (Mar. 2025) = 115.1156.

JinkoSolar Holding Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 300.626 99.500 347.806
201509 336.114 100.500 384.995
201512 367.357 100.600 420.363
201603 392.072 102.200 441.620
201606 440.187 101.400 499.728
201609 478.479 102.400 537.895
201612 607.555 102.600 681.667
201703 558.066 103.200 622.501
201706 540.459 103.100 603.446
201709 562.298 104.100 621.799
201712 603.132 104.500 664.401
201803 539.238 105.300 589.503
201806 581.916 104.900 638.585
201809 537.664 106.600 580.615
201812 570.237 106.500 616.368
201903 577.910 107.700 617.702
201906 540.771 107.700 578.005
201909 566.148 109.800 593.556
201912 559.248 111.200 578.940
202003 730.315 112.300 748.626
202006 729.116 110.400 760.259
202009 707.412 111.700 729.043
202012 648.374 111.500 669.399
202103 702.930 112.662 718.242
202106 695.221 111.769 716.036
202109 729.760 112.215 748.621
202112 746.001 113.108 759.244
202203 948.591 114.335 955.070
202206 879.685 114.558 883.968
202209 887.691 115.339 885.974
202212 908.329 115.116 908.329
202303 912.253 115.116 912.253
202306 901.571 114.558 905.961
202309 927.010 115.339 925.217
202312 919.016 114.781 921.696
202403 908.437 115.227 907.558
202406 1,055.984 114.781 1,059.063
202409 1,135.260 115.785 1,128.699
202412 1,109.461 114.893 1,111.615
202503 1,005.488 115.116 1,005.488

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


JinkoSolar Holding Co  (MEX:JKS N) 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.

JinkoSolar Holding Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=305.00/870.38
=0.35

* 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 JinkoSolar Holding Co was 2.97. The lowest was 0.38. And the median was 1.06.


Be Aware

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


JinkoSolar Holding Co Cyclically Adjusted Book per Share Related Terms

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


JinkoSolar Holding Co Business Description

Address
1 Yingbin Road, Shangrao Economic Development Zone, Jiangxi Province, Shangrao, CHN, 334100
JinkoSolar Holding Co Ltd is engaged in the photovoltaic industry. The firm has built a vertically integrated solar power product value chain, manufacturing from silicon wafers to solar modules. It sells solar modules under the JinkoSolar brand. The company's products include Silicon wafers, Solar cells, and Solar modules. Its geographical segments are China (including Hong Kong and Taiwan), North America, Europe, Asia Pacific, and the Rest of the world.

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