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SLTZ (Solar Thin Films) Cyclically Adjusted PB Ratio : (As of Sep. 27, 2024)


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What is Solar Thin Films Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Solar Thin Films Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Solar Thin Films'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.

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Solar Thin Films Cyclically Adjusted PB Ratio Chart

Solar Thin Films Annual Data
Trend Jul00 Jul01 Jul02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Cyclically Adjusted PB Ratio
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Solar Thin Films Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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Competitive Comparison of Solar Thin Films's Cyclically Adjusted PB Ratio

For the Solar subindustry, Solar Thin Films'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 Thin Films's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Solar Thin Films 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.

Solar Thin Films's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2010 is calculated as:

For example, Solar Thin Films's adjusted Book Value per Share data for the three months ended in Sep. 2010 was:

Adj_Book=Book Value per Share/CPI of Sep. 2010 (Change)*Current CPI (Sep. 2010)
=-81.528/92.1617*92.1617
=-81.528

Current CPI (Sep. 2010) = 92.1617.

Solar Thin Films Quarterly Data

Book Value per Share CPI Adj_Book
200004 163,050.000 72.273 207,918.625
200007 61,408.333 72.906 77,627.093
200010 37,375.000 73.413 46,920.396
200101 33,558.333 73.877 41,864.312
200104 9,866.667 74.636 12,183.515
200107 -9,908.333 74.889 -12,193.614
200110 -10,808.333 74.974 -13,286.219
200201 -16,733.333 74.720 -20,639.242
200204 -20,941.667 75.860 -25,442.029
200207 -4,925.000 75.986 -5,973.413
200210 -1,618.000 76.492 -1,949.444
200306 -1,646.000 77.505 -1,957.269
200309 -4,428.000 78.138 -5,222.715
200403 -4,492.708 79.066 -5,236.829
200406 -4,796.875 80.037 -5,523.582
200409 -2,455.779 80.121 -2,824.844
200412 -2,609.045 80.290 -2,994.834
200503 -2,539.623 81.555 -2,869.905
200506 -2,774.528 82.062 -3,116.015
200509 -1,261.792 83.876 -1,386.442
200512 -1,125.969 83.032 -1,249.774
200603 -1,148.450 84.298 -1,255.586
200606 -2,380.696 85.606 -2,563.018
200609 -644.854 85.606 -694.239
200612 -124.424 85.142 -134.683
200703 -65.996 86.640 -70.202
200706 -87.919 87.906 -92.175
200709 -152.541 87.964 -159.820
200712 -16.217 88.616 -16.866
200803 -37.934 90.090 -38.806
200806 -75.508 92.320 -75.378
200809 -104.369 92.307 -104.205
200812 -284.299 88.697 -295.403
200903 -243.570 89.744 -250.131
200906 -249.677 91.003 -252.855
200909 -183.767 91.120 -185.869
200912 -99.368 91.111 -100.514
201003 -118.217 91.821 -118.656
201006 -91.657 91.962 -91.856
201009 -81.528 92.162 -81.528

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.


Solar Thin Films  (GREY:SLTZ) 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.


Solar Thin Films Cyclically Adjusted PB Ratio Related Terms

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


Solar Thin Films Business Description

Traded in Other Exchanges
N/A
Address
1140 RXR Plaza Uniondale, New York, NY, USA, 11556
Solar Thin Films Inc offers solar panels that are made in America. The company also provides fiberglass reinforced plastics used to make shipping containers as well as temporary and permanent houses.

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