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SolarEdge Technologies (NAS:SEDG) PB Ratio

: 1.60 (As of Today)
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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-02-24), SolarEdge Technologies's share price is $67.35. SolarEdge Technologies's Book Value per Share for the quarter that ended in Dec. 2023 was $42.22. Hence, SolarEdge Technologies's PB Ratio of today is 1.60.

Good Sign:

SolarEdge Technologies Inc stock PB Ratio (=1.66) is close to 10-year low of 1.61

The historical rank and industry rank for SolarEdge Technologies's PB Ratio or its related term are showing as below:

SEDG' s PB Ratio Range Over the Past 10 Years
Min: 1.58   Med: 5.62   Max: 65.64
Current: 1.6

During the past 12 years, SolarEdge Technologies's highest PB Ratio was 65.64. The lowest was 1.58. And the median was 5.62.

SEDG's PB Ratio is ranked better than
70.62% of 960 companies
in the Semiconductors industry
Industry Median: 2.46 vs SEDG: 1.60

During the past 12 months, SolarEdge Technologies's average Book Value Per Share Growth Rate was 8.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 26.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 29.00% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of SolarEdge Technologies was 42.20% per year. The lowest was 26.10% per year. And the median was 32.55% per year.

Back to Basics: PB Ratio


SolarEdge Technologies PB Ratio Historical Data

The historical data trend for SolarEdge Technologies's 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.

SolarEdge Technologies Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.73 15.15 11.31 7.31 2.22

SolarEdge Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 7.31 7.28 6.04 2.95 2.22

Competitive Comparison

For the Solar subindustry, SolarEdge Technologies's PB Ratio, along with its competitors' market caps and 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.


SolarEdge Technologies PB Ratio Distribution

For the Semiconductors industry and Technology sector, SolarEdge Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where SolarEdge Technologies's PB Ratio falls into.



SolarEdge Technologies PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

SolarEdge Technologies's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=67.35/42.223
=1.60

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


SolarEdge Technologies  (NAS:SEDG) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


SolarEdge Technologies PB Ratio Related Terms

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


SolarEdge Technologies (NAS:SEDG) Business Description

Address
1 HaMada Street, Post Box 12001, Herziliya Pituach, ISR, 4673335
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.
Executives
Marcel Gani director 142 ALMENDRAL AVE, ATHERTON CA 94027
More Avery director 5930 ROYAL LANE SUITE E-120, DALLAS TX 75230
Ronen Faier officer: Chief Financial Officer MARVA 11, HERZLIA L3 46417
Dana Rebecca Gross director C/O PLAYTIKA LTD., HACHOSHLIM ST 8, HERZLIYA PITUARCH L3 4672408
Meir Adest officer: VP, Core Technologies 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Uri Bechor officer: Chief Operating Officer 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Zvi Lando officer: Vice President, Global Sales 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Rachel Prishkolnik officer: VP, GC and Corporate Secretary 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Dirk Hoke director 251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Doron Inbar director C/O CARMEL VENTURES, 12 ABBA EBAN AVENUE, HERZELIYA L3 46725
Yoav Galin officer: VP, Research and Development 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Tal Payne director 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335
Betsy S Atkins director
Jonathan Cheifetz director 9 EIN YAKOV ST., TEL AVIV L3 65155
Lior Handelsman officer: VP, Marktng and Prod Strategy 1 HAMADA STREET, HERZILIYA PITUACH L3 4673335