PTOS (P2 Solar) Cyclically Adjusted Book per Share: $0.01 (As of Mar. 2025)

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Director of Data and Quant Analytics at GuruFocus
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What is P2 Solar Cyclically Adjusted Book per Share?

P2 Solar PTOS +29.00% Cyclically Adjusted Book per Share is $0.01 as of Mar. 2025.

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.

P2 Solar's adjusted book value per share for the three months ended in Mar. 2025 was $-0.008. 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 $0.01 for the trailing ten years ended in Mar. 2025.

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.

As of today (2026-07-13), P2 Solar's current stock price is $0.0129. P2 Solar's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $0.01. P2 Solar's Cyclically Adjusted PB Ratio of today is 1.29.


P2 Solar  (OTCPK:PTOS) 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.

P2 Solar's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.0129/0.01
=1.29

* 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.


Be Aware

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


P2 Solar Cyclically Adjusted Book per Share Related Terms


P2 Solar Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for P2 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.

P2 Solar Cyclically Adjusted Book per Share Chart

P2 Solar Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar22 Mar23 Mar24 Mar25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.02 0.00 0.01

P2 Solar Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 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 0.00 0.00 0.00 0.00 0.01

PTOS vs APWL, GSLR, SUNE: Cyclically Adjusted Book per Share Comparison

For the Solar subindustry, P2 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.


P2 Solar Cyclically Adjusted PB Ratio vs Semiconductors Industry

For the Semiconductors industry and Technology sector, P2 Solar's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where P2 Solar's Cyclically Adjusted PB Ratio falls into.



P2 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, P2 Solar'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)
=-0.008/129.1809*129.1809
=-0.008

Current CPI (Mar. 2025) = 129.1809.

P2 Solar Quarterly Data

Book Value per Share CPI Adj_Book
200803 0.009 88.965 0.013
200806 0.006 91.177 0.009
200809 0.007 91.414 0.010
200812 0.009 89.518 0.013
200903 0.015 90.071 0.022
200906 0.023 90.940 0.033
200909 0.018 90.624 0.026
200912 0.023 90.703 0.033
201003 0.019 91.335 0.027
201006 0.018 91.809 0.025
201009 0.087 92.362 0.122
201012 0.087 92.836 0.121
201103 0.035 94.338 0.048
201106 0.032 94.654 0.044
201109 0.028 95.286 0.038
201112 -0.004 94.970 -0.005
201203 -0.006 96.155 -0.008
201206 -0.007 96.076 -0.009
201209 -0.007 96.392 -0.009
201212 -0.008 95.760 -0.011
201303 -0.010 97.103 -0.013
201306 -0.008 97.182 -0.011
201309 -0.009 97.419 -0.012
201312 -0.010 96.945 -0.013
201403 -0.009 98.604 -0.012
201406 -0.010 99.473 -0.013
201409 -0.011 99.394 -0.014
202203 -0.024 117.646 -0.026
202206 0.000 120.806 0.000
202209 0.000 120.648 0.000
202212 0.000 120.964 0.000
202303 -0.025 122.702 -0.026
202306 -0.026 124.203 -0.027
202309 -0.026 125.230 -0.027
202312 -0.027 125.072 -0.028
202403 -0.027 126.258 -0.028
202406 -0.027 127.522 -0.027
202409 -0.028 127.285 -0.028
202412 -0.027 127.364 -0.027
202503 -0.008 129.181 -0.008

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

What does a Cyclically Adjusted Book per Share of $0.01 mean?
P2 Solar (PTOS) has a Cyclically Adjusted Book per Share of $0.01 as of Mar. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on P2 Solar and its competitors.
Is P2 Solar's Cyclically Adjusted Book per Share too high?
P2 Solar's current Cyclically Adjusted Book per Share is $0.01.
How does P2 Solar's Cyclically Adjusted Book per Share compare to APWL and GSLR?
P2 Solar's Cyclically Adjusted Book per Share of $0.01 can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Semiconductors company?
A good Cyclically Adjusted Book per Share depends on the Semiconductors industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on P2 Solar and its competitors. P2 Solar's current Cyclically Adjusted Book per Share is $0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is P2 Solar stock overvalued right now?
P2 Solar (PTOS) has a current Cyclically Adjusted Book per Share of $0.01. The current Cyclically Adjusted Book per Share is $0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For P2 Solar (PTOS), the current Cyclically Adjusted Book per Share is $0.01 as of Mar. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

P2 Solar Business Description

Address 13718 91 Avenue, Surrey, BC, CAN, V3V 7X1
P2 Solar Inc is focused on the construction of rooftop solar systems in residential and commercial buildings in British Columbia, Canada. The company participates in the lucrative renewable energy market as a developer of solar photovoltaic (PV) power.