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SunPower (SunPower) Cyclically Adjusted Book per Share : $5.35 (As of Dec. 2023)


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What is SunPower 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.

SunPower's adjusted book value per share for the three months ended in Dec. 2023 was $1.743. 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 $5.35 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SunPower's average Cyclically Adjusted Book Growth Rate was -11.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -12.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -7.20% 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 SunPower was 8.50% per year. The lowest was -15.00% per year. And the median was -9.70% per year.

As of today (2024-04-27), SunPower's current stock price is $1.99. SunPower's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $5.35. SunPower's Cyclically Adjusted PB Ratio of today is 0.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SunPower was 7.18. The lowest was 0.30. And the median was 1.23.


SunPower Cyclically Adjusted Book per Share Historical Data

The historical data trend for SunPower'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.

SunPower Cyclically Adjusted Book per Share Chart

SunPower 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 9.15 7.52 6.54 6.01 5.35

SunPower Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.01 5.93 5.81 5.63 5.35

Competitive Comparison of SunPower's Cyclically Adjusted Book per Share

For the Solar subindustry, SunPower'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.


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

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

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



SunPower 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, SunPower's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.743/129.4194*129.4194
=1.743

Current CPI (Dec. 2023) = 129.4194.

SunPower Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.271 99.695 12.035
201406 10.284 100.560 13.235
201409 10.563 100.428 13.612
201412 11.670 99.070 15.245
201503 11.225 99.621 14.583
201506 11.246 100.684 14.456
201509 11.200 100.392 14.438
201512 10.600 99.792 13.747
201603 9.832 100.470 12.665
201606 9.422 101.688 11.991
201609 9.218 101.861 11.712
201612 7.276 101.863 9.244
201703 5.937 102.862 7.470
201706 5.351 103.349 6.701
201709 5.036 104.136 6.259
201712 4.212 104.011 5.241
201803 3.388 105.290 4.164
201806 0.247 106.317 0.301
201809 -0.397 106.507 -0.482
201812 -1.478 105.998 -1.805
201903 -2.011 107.251 -2.427
201906 -1.112 108.070 -1.332
201909 -1.169 108.329 -1.397
201912 0.060 108.420 0.072
202003 0.056 108.902 0.067
202006 0.186 108.767 0.221
202009 -0.061 109.815 -0.072
202012 2.371 109.897 2.792
202103 2.088 111.754 2.418
202106 2.564 114.631 2.895
202109 2.118 115.734 2.368
202112 2.207 117.630 2.428
202203 2.063 121.301 2.201
202206 2.374 125.017 2.458
202209 3.202 125.227 3.309
202212 3.186 125.222 3.293
202303 2.873 127.348 2.920
202306 2.722 128.729 2.737
202309 2.411 129.860 2.403
202312 1.743 129.419 1.743

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


SunPower  (NAS:SPWR) 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.

SunPower's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.99/5.35
=0.37

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SunPower was 7.18. The lowest was 0.30. And the median was 1.23.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


SunPower Cyclically Adjusted Book per Share Related Terms

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


SunPower (SunPower) Business Description

Industry
Traded in Other Exchanges
Address
51 Rio Robles, San Jose, CA, USA, 95134
SunPower is a leading solar technology and energy services provider that offers fully integrated solar, storage, and home energy solutions to customers primarily in the United States and Canada through an array of hardware, software, and financing options and smart energy solutions. The company's sales channels include a network of both installing and noninstalling dealers and resellers that operate in residential and commercial markets as well as a group of in-house sales teams in each segment engaged in direct sales to end customers.
Executives
Elizabeth Lynne Eby officer: EVP, CFO 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Jennifer Johnston officer: EVP, Chief Operating Officer 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Audrey Zibelman director 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Steve Louden director C/O ROKU, INC., 150 WINCHESTER CIRCLE, LOS GATOS CA 95032
Vichheka Heang officer: Principal Accounting Officer 77 RIO ROBLES, C/O SUNPOWER CORPORATION, SAN JOSE CA 95134
June Sauvaget officer: EVP, Chief Marketing Officer 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Eileen Evans officer: EVP, Chief Legal Officer 3000 HANOVER STREET, PALO ALTO CA 94304
Nathaniel Anschuetz director C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Jonathan Bram director C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Guthrie Dundas officer: Interim CFO 1414 HARBOUR WAY SOUTH, SUITE 1901, RICHMOND CA 94804
Gip Iii Sol Holdings, L.p. director, 10 percent owner 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Global Infrastructure Investors Iii, Llc director, 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Global Infrastructure Gp Iii, L.p. director, 10 percent owner C/O GLOBAL INFRASTRUCTURE PARTNERS, 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Gip Iii Sol Acquisition, Llc director, 10 percent owner 1345 AVENUE OF THE AMERICAS, 30TH FLOOR, NEW YORK NY 10105
Totalenergies Gestion Usa Sarl 10 percent owner LA DEFENSE 6 2 PLACE JEAN MILLIER, COURBEVOIE, HAUTS-DE-SEINE I0 92400

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