GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Soluna Holdings Inc (NAS:SLNH) » Definitions » Cyclically Adjusted PB Ratio

Soluna Holdings (Soluna Holdings) Cyclically Adjusted PB Ratio : 0.08 (As of May. 16, 2024)


View and export this data going back to . Start your Free Trial

What is Soluna Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Soluna Holdings's current share price is $2.61. Soluna Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $34.25. Soluna Holdings's Cyclically Adjusted PB Ratio for today is 0.08.

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

SLNH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.05   Med: 1.65   Max: 58.32
Current: 0.08

During the past years, Soluna Holdings's highest Cyclically Adjusted PB Ratio was 58.32. The lowest was 0.05. And the median was 1.65.

SLNH's Cyclically Adjusted PB Ratio is ranked better than
95.59% of 476 companies
in the Capital Markets industry
Industry Median: 1.17 vs SLNH: 0.08

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.

Soluna Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $10.581. 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 $34.25 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Soluna Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Soluna Holdings'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.

Soluna Holdings Cyclically Adjusted PB Ratio Chart

Soluna Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.98 20.73 17.84 0.21 0.12

Soluna Holdings Quarterly Data
Sep17 Dec17 Mar18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.21 0.21 0.15 0.15 0.12

Competitive Comparison of Soluna Holdings's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Soluna Holdings'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.


Soluna Holdings's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Soluna Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Soluna Holdings 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.61/34.25
=0.08

* 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.

Soluna Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Soluna Holdings'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)
=10.581/129.4194*129.4194
=10.581

Current CPI (Dec. 2023) = 129.4194.

Soluna Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201209 -3.686 97.633 -4.886
201212 -1.488 96.871 -1.988
201303 -1.056 98.209 -1.392
201306 -0.490 98.518 -0.644
201309 0.357 98.790 0.468
201312 16.131 98.326 21.232
201403 14.148 99.695 18.366
201406 15.104 100.560 19.439
201409 14.956 100.428 19.274
201412 20.051 99.070 26.194
201503 18.354 99.621 23.844
201506 17.494 100.684 22.487
201509 14.770 100.392 19.041
201512 7.259 99.792 9.414
201603 4.654 100.470 5.995
201606 5.378 101.688 6.845
201609 7.145 101.861 9.078
201612 11.514 101.863 14.629
201703 10.433 102.862 13.127
201706 11.360 103.349 14.226
201709 12.316 104.136 15.306
201712 13.254 104.011 16.492
201803 13.275 105.290 16.317
201912 10.012 108.420 11.951
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 15.193 109.897 17.892
202103 13.666 111.754 15.826
202106 41.058 114.631 46.355
202109 76.135 115.734 85.138
202112 165.380 117.630 181.956
202203 156.347 121.301 166.811
202206 188.888 125.017 195.540
202209 106.030 125.227 109.580
202212 55.984 125.222 57.861
202303 36.772 127.348 37.370
202306 27.536 128.729 27.684
202309 19.789 129.860 19.722
202312 10.581 129.419 10.581

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.


Soluna Holdings  (NAS:SLNH) 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.


Soluna Holdings Cyclically Adjusted PB Ratio Related Terms

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


Soluna Holdings (Soluna Holdings) Business Description

Traded in Other Exchanges
N/A
Address
325 Washington Avenue Extension, Albany, NY, USA, 12205
Soluna Holdings Inc, is a U.S based company that conducts operations through its subsidiary. The group is engaged in the mining of cryptocurrency through data centers that can be powered by renewable energy sources. The data centers buy every excess megawatt to use for batch-oriented, computing-intensive processes such as cryptocurrency mining or machine learning which is a low-risk and low-friction solution to use as a smartphone.
Executives
Jessica L. Thomas officer: CFO 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
John Belizaire director, officer: CEO & Pres. of EcoChain Inc. 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Patman Philip F Jr officer: Chief Financial Officer 9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042
William Hazelip director C/O MECHANICAL TECHNOLOGY, INC., 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
John Bottomley director 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Mary Jennifer Oreilly officer: Chief People Officer 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
William P Phelan director C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Michael Toporek director, other: See Explanation of Responses C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Matthew E. Lipman director, other: See Explanation of Responses C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
David C Michaels director C/O MECHANICAL TECHNOLOGY INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Alykhan Madhavji director 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Moshe Binyamin officer: President-MTI Instruments, Inc 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Frederick W. Jones officer: CHIEF FINANCIAL OFFICER C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Thomas J Marusak director C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Edward R Hirshfield director, 10 percent owner 122 E.42ND STREET SUITE 4305, NEW YORK NY 10168

Soluna Holdings (Soluna Holdings) Headlines