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Solar Alliance Energy (TSXV:SOLR) Cyclically Adjusted Book per Share : C$-0.04 (As of Sep. 2024)


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What is Solar Alliance Energy 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 Alliance Energy's adjusted book value per share for the three months ended in Sep. 2024 was C$-0.008. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$-0.04 for the trailing ten years ended in Sep. 2024.

During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 Alliance Energy was 10.10% per year. The lowest was -63.00% per year. And the median was -0.15% per year.

As of today (2025-06-01), Solar Alliance Energy's current stock price is C$0.015. Solar Alliance Energy's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was C$-0.04. Solar Alliance Energy's Cyclically Adjusted PB Ratio of today is .


Solar Alliance Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for Solar Alliance Energy'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 Alliance Energy Cyclically Adjusted Book per Share Chart

Solar Alliance Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.11 -0.12 -0.12 -0.08

Solar Alliance Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.10 -0.08 -0.06 -0.05 -0.04

Competitive Comparison of Solar Alliance Energy's Cyclically Adjusted Book per Share

For the Solar subindustry, Solar Alliance Energy'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 Alliance Energy's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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


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Solar Alliance Energy 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 Alliance Energy's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=-0.008/127.2847*127.2847
=-0.008

Current CPI (Sep. 2024) = 127.2847.

Solar Alliance Energy Quarterly Data

Book Value per Share CPI Adj_Book
201412 -0.153 98.367 -0.198
201503 -0.171 99.789 -0.218
201506 -0.134 100.500 -0.170
201509 -0.177 100.421 -0.224
201512 0.002 99.947 0.003
201603 -0.011 101.054 -0.014
201606 0.002 102.002 0.002
201609 -0.009 101.765 -0.011
201612 -0.035 101.449 -0.044
201703 -0.038 102.634 -0.047
201706 -0.023 103.029 -0.028
201709 -0.013 103.345 -0.016
201712 -0.049 103.345 -0.060
201803 -0.056 105.004 -0.068
201806 -0.066 105.557 -0.080
201809 -0.071 105.636 -0.086
201812 -0.076 105.399 -0.092
201903 -0.021 106.979 -0.025
201906 -0.021 107.690 -0.025
201909 -0.022 107.611 -0.026
201912 -0.024 107.769 -0.028
202003 -0.024 107.927 -0.028
202006 -0.024 108.401 -0.028
202009 -0.025 108.164 -0.029
202012 -0.025 108.559 -0.029
202103 0.002 110.298 0.002
202106 0.001 111.720 0.001
202109 -0.001 112.905 -0.001
202112 0.003 113.774 0.003
202203 0.001 117.646 0.001
202206 0.000 120.806 0.000
202209 -0.002 120.648 -0.002
202212 -0.005 120.964 -0.005
202303 -0.008 122.702 -0.008
202306 -0.007 124.203 -0.007
202309 -0.005 125.230 -0.005
202312 -0.008 125.072 -0.008
202403 -0.008 126.258 -0.008
202406 -0.007 127.522 -0.007
202409 -0.008 127.285 -0.008

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


Solar Alliance Energy  (TSXV:SOLR) 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.


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 Alliance Energy Cyclically Adjusted Book per Share Related Terms

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


Solar Alliance Energy Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Vancouver, BC, CAN, V6E 3V6
Solar Alliance Energy Inc is an energy solutions provider focused on commercial, industrial, and residential solar installations. Its operating segments are Solar EPC and Solar generation from solar facilities. The company operates in two geographical markets - the United States and Canada. The United States contributes a majority of the total revenue.
Executives
Michael Clark Director, Senior Officer
Monique Hutchins Senior Officer
Ken Stadlin Director
Anton Shihoff Director
Jason Bak Director, Senior Officer
Tom Anderson 10% Security Holder

Solar Alliance Energy Headlines