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Sunworks (Sunworks) Cyclically Adjusted PB Ratio : 0.01 (As of May. 05, 2024)


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What is Sunworks Cyclically Adjusted PB Ratio?

As of today (2024-05-05), Sunworks's current share price is $0.023. Sunworks's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $3.63. Sunworks's Cyclically Adjusted PB Ratio for today is 0.01.

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

SUNWQ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.76   Max: 9.7
Current: 0.01

During the past years, Sunworks's highest Cyclically Adjusted PB Ratio was 9.70. The lowest was 0.01. And the median was 0.76.

SUNWQ's Cyclically Adjusted PB Ratio is ranked better than
99.85% of 677 companies
in the Semiconductors industry
Industry Median: 2.5 vs SUNWQ: 0.01

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.

Sunworks's adjusted book value per share data for the three months ended in Sep. 2023 was $0.442. 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 $3.63 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunworks Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sunworks'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.

Sunworks Cyclically Adjusted PB Ratio Chart

Sunworks Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.78 0.60 2.17 1.08 0.48

Sunworks Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.87 0.48 0.42 0.32 0.14

Competitive Comparison of Sunworks's Cyclically Adjusted PB Ratio

For the Solar subindustry, Sunworks'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.


Sunworks's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



Sunworks 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.

Sunworks's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.023/3.63
=0.01

* 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.

Sunworks's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Sunworks's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.442/129.8595*129.8595
=0.442

Current CPI (Sep. 2023) = 129.8595.

Sunworks Quarterly Data

Book Value per Share CPI Adj_Book
201312 -2.941 98.326 -3.884
201403 -1.356 99.695 -1.766
201406 -0.486 100.560 -0.628
201409 -5.888 100.428 -7.614
201412 0.979 99.070 1.283
201503 6.392 99.621 8.332
201506 6.086 100.684 7.850
201509 6.631 100.392 8.577
201512 8.994 99.792 11.704
201603 8.480 100.470 10.961
201606 8.983 101.688 11.472
201609 8.250 101.861 10.518
201612 7.114 101.863 9.069
201703 5.857 102.862 7.394
201706 6.291 103.349 7.905
201709 5.774 104.136 7.200
201712 4.734 104.011 5.910
201803 3.857 105.290 4.757
201806 3.223 106.317 3.937
201809 3.146 106.507 3.836
201812 2.680 105.998 3.283
201903 1.495 107.251 1.810
201906 1.711 108.070 2.056
201909 1.757 108.329 2.106
201912 1.241 108.420 1.486
202003 0.573 108.902 0.683
202006 0.487 108.767 0.581
202009 0.316 109.815 0.374
202012 1.429 109.897 1.689
202103 2.893 111.754 3.362
202106 2.865 114.631 3.246
202109 2.671 115.734 2.997
202112 2.493 117.630 2.752
202203 2.297 121.301 2.459
202206 2.077 125.017 2.157
202209 2.009 125.227 2.083
202212 1.807 125.222 1.874
202303 1.634 127.348 1.666
202306 1.262 128.729 1.273
202309 0.442 129.860 0.442

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.


Sunworks  (OTCPK:SUNWQ) 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.


Sunworks Cyclically Adjusted PB Ratio Related Terms

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


Sunworks (Sunworks) Business Description

Industry
Traded in Other Exchanges
Address
1555 Freedom Boulevard, Provo, UT, USA, 84604
Sunworks Inc provides photovoltaic (PV) and battery-based power and storage systems for the residential and commercial markets. Commercial projects include commercial, agricultural, industrial, and public works projects. It has three operating segments; Residential Solar offers design, arrangement to finance, integrate, install, and manage systems for residential homeowners, Commercial Solar offers design, arrangement to finance, integration, install, and manage systems ranging in size from 50kW (kilowatt) to multi-MW (megawatt) systems for larger commercial and public works projects, and Corporate segment includes general company oversight and management. The company derives a majority of its revenue from the residential solar segment.
Executives
Mark Trout officer: Group CEO of Solcius 1598 E. BOX ELDER DRIVE, ALPINE UT 84004
Jason Lee Bonfigt officer: Chief Financial Officer 3240 S. CENTRAL AVE., CICERO IL 60804
Gaylon Morris director, officer: Chief Executive Officer 1030 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 95678
Mccullough Patrick Clement Jr. director 3858 WEST 12240 SOUTH, PAYSON UT 84651
Christopher Gardner Monahan officer: Chief Legal Officer 1555 FREEDOM BLVD 200 WEST, PROVO UT 84604
Jason Scott Knapp officer: President of Solcius 3858 WEST 12240 SOUTH, PAYSON UT 84651
Charles F Cargile director C/O SUNWORKS, INC., 1010 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 95678
Judith Ann Hall director C/O SUNWORKS, INC., 1030 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 95678
Philip A. Radmilovic officer: Chief Financial Officer 3569 MINERS RAVINE DR., ROSEVILLE CA 95661
Stanley E Speer director 100 WILSHIRE BLVD, STE 1600, SANTA MONICA CA 90401
Joshua Schechter director C/O THE PANTRY, INC., 305 GREGSON DRIVE, CARY NC 27511
Daniel Andrew Gross director C/0 SUNWORKS, INC, 1030 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 34110
Abraham Richard Emard director 2690 TAYLOR ROAD, PENRYN CA 95663
Paul Clayton Mcdonnel officer: Chief Financial Officer ARROWHEAD RESEARCH CORPORATION, 201 SOUTH LAKE AVENUE, SUITE 703, PASADENA CA 91101
Slooten John Van director 1592 RED TREE COURT, DRAPER UT 84020