GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » SolarEdge Technologies Inc (NAS:SEDG) » Definitions » Cyclically Adjusted Book per Share

SolarEdge Technologies (SolarEdge Technologies) Cyclically Adjusted Book per Share : $20.27 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is SolarEdge Technologies 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.

SolarEdge Technologies's adjusted book value per share for the three months ended in Mar. 2024 was $39.451. 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 $20.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SolarEdge Technologies's average Cyclically Adjusted Book Growth Rate was 21.10% 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.

As of today (2024-05-14), SolarEdge Technologies's current stock price is $53.93. SolarEdge Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $20.27. SolarEdge Technologies's Cyclically Adjusted PB Ratio of today is 2.66.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of SolarEdge Technologies was 19.07. The lowest was 2.44. And the median was 5.06.


SolarEdge Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for SolarEdge Technologies'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.

SolarEdge Technologies Cyclically Adjusted Book per Share Chart

SolarEdge Technologies Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 19.75

SolarEdge Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 16.74 17.69 19.19 19.75 20.27

Competitive Comparison of SolarEdge Technologies's Cyclically Adjusted Book per Share

For the Solar subindustry, SolarEdge Technologies'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.


SolarEdge Technologies's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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



SolarEdge Technologies 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, SolarEdge Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=39.451/129.4194*129.4194
=39.451

Current CPI (Mar. 2024) = 129.4194.

SolarEdge Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 -4.276 100.560 -5.503
201409 0.000 100.428 0.000
201412 0.321 99.070 0.419
201503 3.847 99.621 4.998
201506 4.248 100.684 5.460
201509 4.662 100.392 6.010
201512 5.261 99.792 6.823
201603 5.807 100.470 7.480
201606 6.263 101.688 7.971
201609 6.724 101.861 8.543
201612 0.000 101.863 0.000
201703 7.397 102.862 9.307
201706 7.977 103.349 9.989
201709 8.619 104.136 10.712
201712 9.072 104.011 11.288
201803 9.805 105.290 12.052
201806 10.657 106.317 12.973
201809 11.781 106.507 14.315
201812 12.212 105.998 14.910
201903 13.185 107.251 15.910
201906 14.053 108.070 16.829
201909 15.069 108.329 18.003
201912 16.599 108.420 19.814
202003 17.468 108.902 20.759
202006 18.468 108.767 21.975
202009 20.154 109.815 23.752
202012 21.058 109.897 24.799
202103 21.166 111.754 24.512
202106 22.535 114.631 25.442
202109 23.650 115.734 26.447
202112 24.804 117.630 27.290
202203 36.300 121.301 38.729
202206 36.445 125.017 37.728
202209 36.715 125.227 37.944
202212 38.771 125.222 40.071
202303 41.723 127.348 42.402
202306 44.561 128.729 44.800
202309 43.837 129.860 43.688
202312 42.223 129.419 42.223
202403 39.451 129.419 39.451

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


SolarEdge Technologies  (NAS:SEDG) 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.

SolarEdge Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.93/20.27
=2.66

* 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 12 years, the highest Cyclically Adjusted PB Ratio of SolarEdge Technologies was 19.07. The lowest was 2.44. And the median was 5.06.


Be Aware

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


SolarEdge Technologies Cyclically Adjusted Book per Share Related Terms

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


SolarEdge Technologies (SolarEdge Technologies) 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

SolarEdge Technologies (SolarEdge Technologies) Headlines

From GuruFocus