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Three Sixty Solar (NEOE:VSOL) Cyclically Adjusted Book per Share : C$0.55 (As of Mar. 2024)


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What is Three Sixty Solar 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.

Three Sixty Solar's adjusted book value per share for the three months ended in Mar. 2024 was C$-0.032. 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 C$0.55 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Three Sixty Solar's average Cyclically Adjusted Book Growth Rate was 1.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -19.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -17.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -5.50% 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 Three Sixty Solar was 79.20% per year. The lowest was -23.00% per year. And the median was 5.30% per year.

As of today (2024-06-23), Three Sixty Solar's current stock price is C$0.06. Three Sixty Solar's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.55. Three Sixty Solar's Cyclically Adjusted PB Ratio of today is 0.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Three Sixty Solar was 11.43. The lowest was 0.11. And the median was 0.61.


Three Sixty Solar Cyclically Adjusted Book per Share Historical Data

The historical data trend for Three Sixty Solar'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.

Three Sixty Solar Cyclically Adjusted Book per Share Chart

Three Sixty Solar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.03 0.58 0.54 0.54

Three Sixty Solar Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.54 0.54 0.54 0.54 0.55

Competitive Comparison of Three Sixty Solar's Cyclically Adjusted Book per Share

For the Solar subindustry, Three Sixty Solar'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.


Three Sixty Solar's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Three Sixty Solar 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, Three Sixty Solar's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.032/126.2576*126.2576
=-0.032

Current CPI (Mar. 2024) = 126.2576.

Three Sixty Solar Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.076 99.473 -0.096
201409 -0.079 99.394 -0.100
201412 -0.149 98.367 -0.191
201503 -0.170 99.789 -0.215
201506 -0.111 100.500 -0.139
201509 -0.130 100.421 -0.163
201512 -0.185 99.947 -0.234
201603 -0.182 101.054 -0.227
201606 -0.198 102.002 -0.245
201609 -0.083 101.765 -0.103
201612 0.270 101.449 0.336
201703 0.491 102.634 0.604
201706 0.853 103.029 1.045
201709 1.085 103.345 1.326
201712 1.515 103.345 1.851
201803 1.468 105.004 1.765
201806 1.402 105.557 1.677
201809 1.340 105.636 1.602
201812 1.178 105.399 1.411
201903 1.122 106.979 1.324
201906 1.035 107.690 1.213
201909 0.987 107.611 1.158
201912 0.942 107.769 1.104
202003 0.900 107.927 1.053
202006 0.857 108.401 0.998
202009 0.806 108.164 0.941
202012 0.755 108.559 0.878
202103 0.704 110.298 0.806
202106 0.635 111.720 0.718
202109 0.602 112.905 0.673
202112 0.448 113.774 0.497
202203 0.409 117.646 0.439
202206 -0.005 120.806 -0.005
202209 0.126 120.648 0.132
202212 0.102 120.964 0.106
202303 0.019 122.702 0.020
202306 0.023 124.203 0.023
202309 -0.017 125.230 -0.017
202312 -0.023 125.072 -0.023
202403 -0.032 126.258 -0.032

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


Three Sixty Solar  (NEOE:VSOL) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.06/0.55
=0.11

* 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 Three Sixty Solar was 11.43. The lowest was 0.11. And the median was 0.61.


Be Aware

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


Three Sixty Solar Cyclically Adjusted Book per Share Related Terms

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


Three Sixty Solar (NEOE:VSOL) Business Description

Industry
Traded in Other Exchanges
Address
408 - 55 Water Street, Office 8312, Vancouver, BC, CAN, V6B 1A1
Three Sixty Solar Ltd is engaged in designing and developing vertical solar towers to provide a range of energy solutions for small commercial projects up to large utility-scale solar farms.

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