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Solareast Holdings Co (SHSE:603366) Cyclically Adjusted PB Ratio : 2.13 (As of Jul. 13, 2025)


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What is Solareast Holdings Co Cyclically Adjusted PB Ratio?

As of today (2025-07-13), Solareast Holdings Co's current share price is ¥9.97. Solareast Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ¥4.68. Solareast Holdings Co's Cyclically Adjusted PB Ratio for today is 2.13.

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

SHSE:603366' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.13   Max: 4.62
Current: 2.08

During the past years, Solareast Holdings Co's highest Cyclically Adjusted PB Ratio was 4.62. The lowest was 0.74. And the median was 1.13.

SHSE:603366's Cyclically Adjusted PB Ratio is ranked better than
50% of 710 companies
in the Semiconductors industry
Industry Median: 2.08 vs SHSE:603366: 2.08

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.

Solareast Holdings Co's adjusted book value per share data for the three months ended in Mar. 2025 was ¥5.061. 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 ¥4.68 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solareast Holdings Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Solareast Holdings Co'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.

* Premium members only.

Solareast Holdings Co Cyclically Adjusted PB Ratio Chart

Solareast Holdings Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.13 1.07 1.27 1.33 2.50

Solareast Holdings Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.12 0.76 0.96 2.50 2.13

Competitive Comparison of Solareast Holdings Co's Cyclically Adjusted PB Ratio

For the Solar subindustry, Solareast Holdings Co'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.


Solareast Holdings Co's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where Solareast Holdings Co's Cyclically Adjusted PB Ratio falls into.


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Solareast Holdings Co 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.

Solareast Holdings Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.97/4.68
=2.13

* 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.

Solareast Holdings Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Solareast Holdings Co'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)
=5.061/115.1156*115.1156
=5.061

Current CPI (Mar. 2025) = 115.1156.

Solareast Holdings Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.351 99.500 5.034
201509 4.444 100.500 5.090
201512 4.607 100.600 5.272
201603 4.663 102.200 5.252
201606 4.577 101.400 5.196
201609 4.697 102.400 5.280
201612 4.727 102.600 5.304
201703 4.749 103.200 5.297
201706 4.635 103.100 5.175
201709 4.645 104.100 5.137
201712 4.615 104.500 5.084
201803 4.450 105.300 4.865
201806 4.408 104.900 4.837
201809 4.376 106.600 4.726
201812 3.896 106.500 4.211
201903 3.797 107.700 4.058
201906 3.845 107.700 4.110
201909 3.883 109.800 4.071
201912 3.987 111.200 4.127
202003 3.947 112.300 4.046
202006 3.952 110.400 4.121
202009 4.007 111.700 4.130
202012 4.180 111.500 4.316
202103 4.154 112.662 4.244
202106 4.098 111.769 4.221
202109 4.114 112.215 4.220
202112 4.371 113.108 4.449
202203 4.307 114.335 4.336
202206 4.290 114.558 4.311
202209 4.351 115.339 4.343
202212 4.582 115.116 4.582
202303 4.612 115.116 4.612
202306 4.739 114.558 4.762
202309 4.836 115.339 4.827
202312 4.897 114.781 4.911
202403 4.834 115.227 4.829
202406 4.891 114.781 4.905
202409 4.910 115.785 4.882
202412 5.117 114.893 5.127
202503 5.061 115.116 5.061

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.


Solareast Holdings Co  (SHSE:603366) 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.


Solareast Holdings Co Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Solareast Holdings Co's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Solareast Holdings Co Business Description

Traded in Other Exchanges
N/A
Address
Ninghai Industrial Zone, Lianyungang, Jiangsu Province, CHN, 222243
Solareast Holdings Co Ltd, formerly Jiangsu Sunrain Solar Energy Co Ltd operates in the solar energy industry. It is specialized in research and application of solar energy. The company's products are exported to more than 100 countries and regions all over the world. It provides solutions for healthy hot water and water purification system. The product range includes heat pipe collector R1, U pipe collector, domestic series heat pump, non-pressure solar water heater, pressurized pre-heated solar water heater and solar charger.
Executives
Li Jun senior management
Xu Zhong senior management
Zhang Ya Ming senior management
Jiao Qing Tai senior management
Wan Xu Chang Directors, senior managers
Zhang Chao Director
Liu Wen Ling senior management
Zhang Liang Liang Director
Sun Ming Yang Directors, senior managers
Huang Yin Chuan Director
Zhu Ya Lin senior management
Chen Rong Hua senior management
Li Li Gan senior management
Liu Wei Director
Yang Zhi Quan Supervisors

Solareast Holdings Co Headlines

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