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Sunrun (LTS:0A4S) Cyclically Adjusted PB Ratio : 0.78 (As of Jun. 09, 2024)


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What is Sunrun Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Sunrun's current share price is $13.17. Sunrun's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.99. Sunrun's Cyclically Adjusted PB Ratio for today is 0.78.

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

LTS:0A4S' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.55   Med: 0.74   Max: 1.23
Current: 0.79

During the past years, Sunrun's highest Cyclically Adjusted PB Ratio was 1.23. The lowest was 0.55. And the median was 0.74.

LTS:0A4S's Cyclically Adjusted PB Ratio is ranked better than
83.89% of 689 companies
in the Semiconductors industry
Industry Median: 2.57 vs LTS:0A4S: 0.79

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.

Sunrun's adjusted book value per share data for the three months ended in Mar. 2024 was $23.476. 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 $16.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunrun Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sunrun'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.

Sunrun Cyclically Adjusted PB Ratio Chart

Sunrun Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1.19

Sunrun Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - 0.79 1.19 0.78

Competitive Comparison of Sunrun's Cyclically Adjusted PB Ratio

For the Solar subindustry, Sunrun'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.


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

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

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



Sunrun 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.17/16.99
=0.78

* 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.

Sunrun's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Sunrun'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)
=23.476/131.7762*131.7762
=23.476

Current CPI (Mar. 2024) = 131.7762.

Sunrun Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 4.098 99.070 5.451
201503 3.190 99.621 4.220
201506 3.546 100.684 4.641
201509 5.571 100.392 7.313
201512 5.471 99.792 7.224
201603 5.570 100.470 7.306
201606 5.902 101.688 7.648
201609 6.100 101.861 7.891
201612 6.451 101.863 8.345
201703 6.625 102.862 8.487
201706 6.808 103.349 8.681
201709 7.067 104.136 8.943
201712 8.212 104.011 10.404
201803 8.600 105.290 10.763
201806 8.674 106.317 10.751
201809 8.659 106.507 10.713
201812 8.385 105.998 10.424
201903 8.058 107.251 9.901
201906 7.812 108.070 9.526
201909 7.860 108.329 9.561
201912 8.145 108.420 9.900
202003 7.263 108.902 8.789
202006 7.262 108.767 8.798
202009 8.103 109.815 9.723
202012 30.177 109.897 36.185
202103 30.288 111.754 35.714
202106 29.977 114.631 34.460
202109 30.080 115.734 34.249
202112 30.045 117.630 33.658
202203 29.913 121.301 32.496
202206 29.945 125.017 31.564
202209 31.079 125.227 32.705
202212 31.319 125.222 32.958
202303 30.059 127.348 31.104
202306 30.397 128.729 31.117
202309 25.773 129.860 26.153
202312 23.840 129.419 24.274
202403 23.476 131.776 23.476

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.


Sunrun  (LTS:0A4S) 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.


Sunrun Cyclically Adjusted PB Ratio Related Terms

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


Sunrun (LTS:0A4S) Business Description

Industry
Traded in Other Exchanges
Address
225 Bush Street, Suite 1400, San Francisco, CA, USA, 94104
Sunrun is engaged in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. The company acquires customers directly and through relationships with various solar and strategic partners. The solar systems are constructed either by Sunrun or by Sunrun's partners and are owned by the company. Sunrun's customers typically enter into 20- to 25-year agreements to utilize its solar energy system. The company also sells solar energy systems and products, such as panels and racking, and solar leads generated to customers.

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