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Emeren Group (MEX:SOL N) Cyclically Adjusted Book per Share : MXN107.54 (As of Mar. 2025)


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What is Emeren Group 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.

Emeren Group's adjusted book value per share for the three months ended in Mar. 2025 was MXN121.204. 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 MXN107.54 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Emeren Group's average Cyclically Adjusted Book Growth Rate was -4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -16.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -20.50% 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 Emeren Group was -5.90% per year. The lowest was -24.00% per year. And the median was -16.90% per year.

As of today (2025-05-28), Emeren Group's current stock price is MXN26.31. Emeren Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN107.54. Emeren Group's Cyclically Adjusted PB Ratio of today is 0.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Emeren Group was 2.84. The lowest was 0.06. And the median was 0.32.


Emeren Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Emeren Group'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.

Emeren Group Cyclically Adjusted Book per Share Chart

Emeren Group 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 165.60 171.97 114.11 90.38 90.44

Emeren Group 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 100.08 94.96 84.92 90.44 107.54

Competitive Comparison of Emeren Group's Cyclically Adjusted Book per Share

For the Solar subindustry, Emeren Group'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.


Emeren Group's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Emeren Group 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, Emeren Group'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)
=121.204/134.9266*134.9266
=121.204

Current CPI (Mar. 2025) = 134.9266.

Emeren Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 88.292 100.684 118.320
201509 91.097 100.392 122.435
201512 94.715 99.792 128.062
201603 97.134 100.470 130.446
201606 102.208 101.688 135.616
201609 88.461 101.861 117.177
201612 68.003 101.863 90.076
201703 39.370 102.862 51.642
201706 6.616 103.349 8.637
201709 0.000 104.136 0.000
201712 46.680 104.011 60.555
201803 46.199 105.290 59.203
201806 49.133 106.317 62.355
201809 46.554 106.507 58.976
201812 46.749 105.998 59.508
201903 44.879 107.251 56.460
201906 46.580 108.070 58.156
201909 38.747 108.329 48.260
201912 37.152 108.420 46.235
202003 44.057 108.902 54.586
202006 44.955 108.767 55.767
202009 46.460 109.815 57.084
202012 48.346 109.897 59.357
202103 121.132 111.754 146.249
202106 120.437 114.631 141.760
202109 129.501 115.734 150.976
202112 123.420 117.630 141.569
202203 118.483 121.301 131.792
202206 116.925 125.017 126.193
202209 113.172 125.227 121.938
202212 112.332 125.222 121.038
202303 105.632 127.348 111.918
202306 101.913 128.729 106.820
202309 102.799 129.860 106.810
202312 101.097 129.419 105.399
202403 99.769 131.776 102.154
202406 110.775 132.554 112.758
202409 122.768 133.029 124.519
202412 122.121 133.157 123.744
202503 121.204 134.927 121.204

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


Emeren Group  (MEX:SOL 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.

Emeren Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=26.31/107.54
=0.24

* 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 Emeren Group was 2.84. The lowest was 0.06. And the median was 0.32.


Be Aware

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


Emeren Group Cyclically Adjusted Book per Share Related Terms

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


Emeren Group Business Description

Industry
Traded in Other Exchanges
Address
149 Water Street, Suite 302, Norwalk, CT, USA, 06854
Emeren Group Ltd is a renewable energy producer. Its portfolio consists of solar projects and Independent Power Producer (IPP) assets, and it also has globalised Battery Energy Storage System (BESS) capacity. The group specializes in the solar project lifecycle, development, and from construction to financing. It has three reportable segments; Solar power project development, EPC services, and Electricity generation. Majority of revenue is From Electricity Generation. The company operates in China, USA, Germany, UK, Spain, France, Poland, Italy, Hungary, Luxembourg. Majority of revenue is from Italy.

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