SolarEdge Technologies (FRA:2ED) Cyclically Adjusted PB Ratio: 2.19 (As of Jul. 22, 2026) — 43% Above Median

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FRA:2ED SolarEdge Technologies Inc FRA:2ED
65 GF Score
Price €44.20
GF Value €25.44
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is SolarEdge Technologies Cyclically Adjusted PB Ratio?

SolarEdge Technologies FRA:2ED +2.67% 65 Cyclically Adjusted PB Ratio is 2.19 as of Jul. 22, 2026, which is 43% above its 10-year median of 1.53. GuruFocus rates FRA:2ED with a GF Score™ of 65/100 and a GF Value™ of €25.44 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 735 Semiconductors companies, SolarEdge Technologies ranks better than 62.18% on this metric.

As of today (2026-07-22), SolarEdge Technologies's current share price is €44.20. SolarEdge Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €20.20. SolarEdge Technologies's Cyclically Adjusted PB Ratio for today is 2.19.

The historical rank and industry rank for SolarEdge Technologies's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:2ED' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 1.53   Max: 6.76
Current: 2.19

During the past years, SolarEdge Technologies's highest Cyclically Adjusted PB Ratio was 6.76. The lowest was 0.50. And the median was 1.53.

FRA:2ED's Cyclically Adjusted PB Ratio is ranked better than
62.18% of 735 companies
in the Semiconductors industry
Industry Median: 3.18 vs FRA:2ED: 2.19

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.

SolarEdge Technologies's adjusted book value per share data for the three months ended in Mar. 2026 was €5.842. 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 €20.20 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


SolarEdge Technologies  (FRA:2ED) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


SolarEdge Technologies Cyclically Adjusted PB Ratio Related Terms


SolarEdge Technologies Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SolarEdge Technologies's Cyclically Adjusted PB Ratio 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.

SolarEdge Technologies Cyclically Adjusted PB Ratio Chart

SolarEdge Technologies Annual Data
Trend Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 4.80 0.62 1.28

SolarEdge Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio 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 0.73 0.91 1.63 1.28 2.22

FRA:2ED vs RUN, SHLS, ARRY: Cyclically Adjusted PB Ratio Comparison

For the Solar subindustry, SolarEdge Technologies'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.


SolarEdge Technologies Cyclically Adjusted PB Ratio vs Semiconductors Industry

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

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


FRA:2ED
65GF Score
SolarEdge Technologies Inc FRA:2ED
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SolarEdge Technologies Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

SolarEdge Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.20/20.20
=2.19

* 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.

SolarEdge Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, SolarEdge Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=5.842/330.2130*330.2130
=5.842

Current CPI (Mar. 2026) = 330.2130.

SolarEdge Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201606 5.574 241.018 7.637
201609 5.991 241.428 8.194
201612 6.635 241.432 9.075
201703 6.917 243.801 9.369
201706 7.099 244.955 9.570
201709 7.232 246.819 9.676
201712 7.666 246.524 10.268
201803 7.952 249.554 10.522
201806 9.123 251.989 11.955
201809 10.096 252.439 13.206
201812 10.735 251.233 14.110
201903 11.669 254.202 15.158
201906 12.437 256.143 16.033
201909 13.683 256.759 17.597
201912 14.939 256.974 19.197
202003 15.809 258.115 20.225
202006 16.400 257.797 21.007
202009 17.111 260.280 21.708
202012 17.309 260.474 21.943
202103 17.780 264.877 22.166
202106 18.704 271.696 22.732
202109 20.103 274.310 24.200
202112 21.952 278.802 26.000
202203 32.961 287.504 37.857
202206 34.477 296.311 38.422
202209 37.082 296.808 41.255
202212 36.600 296.797 40.721
202303 38.969 301.836 42.633
202306 41.130 305.109 44.514
202309 41.075 307.789 44.068
202312 38.719 306.746 41.681
202403 36.295 312.332 38.373
202406 34.356 314.175 36.110
202409 15.069 315.301 15.782
202412 10.835 315.605 11.337
202503 9.430 319.799 9.737
202506 7.525 322.561 7.704
202509 6.863 324.800 6.977
202512 6.048 324.054 6.163
202603 5.842 330.213 5.842

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

What does a Cyclically Adjusted PB Ratio of 2.19 mean?
SolarEdge Technologies (FRA:2ED) has a Cyclically Adjusted PB Ratio of 2.19 as of Jul. 22, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on SolarEdge Technologies and its competitors. This is 43% above median its historical median of 1.53. Over the past decade, SolarEdge Technologies' Cyclically Adjusted PB Ratio has ranged from 0.50 to 6.76. According to the industry distribution chart, SolarEdge Technologies ranks #278 out of 735 companies in the Semiconductors industry, placing it in the top 37.8%.
Is SolarEdge Technologies' Cyclically Adjusted PB Ratio too high?
SolarEdge Technologies' current Cyclically Adjusted PB Ratio of 2.19 is 43% above median its 10-year median of 1.53. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 6.76. The Semiconductors industry median Cyclically Adjusted PB Ratio is 3.18. SolarEdge Technologies' value of 2.19 is 31.1% below this industry median. Based on the distribution chart, SolarEdge Technologies ranks #278 out of 735 companies in the Semiconductors industry, which is above the industry midpoint. Overall, SolarEdge Technologies has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SolarEdge Technologies' Cyclically Adjusted PB Ratio compare to RUN and SHLS?
According to the Semiconductors industry distribution chart, SolarEdge Technologies ranks #278 out of 735 companies for Cyclically Adjusted PB Ratio. This puts SolarEdge Technologies in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 3.18. SolarEdge Technologies' value of 2.19 is 31.1% below this benchmark. Historically, SolarEdge Technologies' own Cyclically Adjusted PB Ratio has ranged from 0.50 to 6.76 over the past decade. While the company's 10-year median is 1.53 vs. the industry median of 3.18, SolarEdge Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Semiconductors company?
The median Cyclically Adjusted PB Ratio among Semiconductors companies is 3.18, based on 735 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SolarEdge Technologies's current Cyclically Adjusted PB Ratio of 2.19 is 31.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on SolarEdge Technologies and its competitors. For the Semiconductors industry, the median Cyclically Adjusted PB Ratio is 3.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SolarEdge Technologies's current Cyclically Adjusted PB Ratio is 2.19, which is 43% above median its own 10-year median of 1.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SolarEdge Technologies stock overvalued right now?
Based on GuruFocus' analysis, SolarEdge Technologies (FRA:2ED) is currently considered Significantly Overvalued. The stock's GF Value™ is €25.44, compared to a current price of €44.20 — trading 73.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.19, which is 43% above median its 10-year median of 1.53 and 31.1% below the Semiconductors industry median of 3.18. SolarEdge Technologies' overall GF Score™ is 65/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For SolarEdge Technologies (FRA:2ED), the current Cyclically Adjusted PB Ratio is 2.19 as of Jul. 22, 2026. 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.

Is SolarEdge Technologies (FRA:2ED) Overvalued in 2026?

Based on GuruFocus' analysis, SolarEdge Technologies stock appears to be overvalued. The current stock price of €44.20 is trading 73.7% above its estimated GF Value™ of €25.44. GuruFocus considers SolarEdge Technologies to be Significantly Overvalued.

Key valuation signals for FRA:2ED:

  • Cyclically Adjusted PB Ratio: 2.19 (43% above median its 10-year median of 1.53)
  • GF Value™: €25.44 vs. price of €44.20 (73.7% above fair value)
  • GF Score™: 65/100 with 4 warning signs
  • Industry Position: 31.1% below the Semiconductors median (#278 of 735)

No single metric tells the full story. See the FRA:2ED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


SolarEdge Technologies Business Description

Address 1 HaMada Street, Herziliya Pituach, ISR, 4673335
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers.
65GF Score

Get the complete analysis for FRA:2ED

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€44.20
Price
€25.44
GF Value