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Solar Co (WAR:SOL) Cyclically Adjusted PB Ratio : 0.06 (As of Jun. 04, 2024)


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What is Solar Co Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Solar Co's current share price is zł3.30. Solar Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was zł56.77. Solar Co's Cyclically Adjusted PB Ratio for today is 0.06.

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

WAR:SOL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.06   Med: 0.09   Max: 0.11
Current: 0.06

During the past years, Solar Co's highest Cyclically Adjusted PB Ratio was 0.11. The lowest was 0.06. And the median was 0.09.

WAR:SOL's Cyclically Adjusted PB Ratio is not ranked
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.08 vs WAR:SOL: 0.06

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.

Solar Co's adjusted book value per share data for the three months ended in Sep. 2023 was zł21.297. 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 zł56.77 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solar Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Solar Co'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.

Solar Co Cyclically Adjusted PB Ratio Chart

Solar Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.09 0.09

Solar Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.09 0.09 0.08 0.10 0.08

Competitive Comparison of Solar Co's Cyclically Adjusted PB Ratio

For the Apparel Manufacturing subindustry, Solar Co'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.


Solar Co's Cyclically Adjusted PB Ratio Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Solar Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Solar Co 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.

Solar Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.30/56.77
=0.06

* 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.

Solar Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Solar Co's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=21.297/146.1131*146.1131
=21.297

Current CPI (Sep. 2023) = 146.1131.

Solar Co Quarterly Data

Book Value per Share CPI Adj_Book
201312 46.105 101.018 66.687
201403 46.229 101.262 66.705
201406 46.233 101.180 66.764
201409 46.825 100.611 68.002
201412 47.439 100.122 69.230
201503 46.768 100.041 68.306
201506 46.608 100.448 67.797
201509 46.293 99.634 67.889
201512 46.077 99.471 67.683
201603 45.314 98.983 66.890
201606 45.611 99.552 66.943
201609 45.234 99.064 66.717
201612 45.314 100.366 65.968
201703 44.767 101.018 64.752
201706 44.970 101.180 64.941
201709 45.116 101.343 65.047
201712 30.198 102.564 43.020
201803 29.751 102.564 42.383
201806 29.932 103.378 42.305
201809 29.994 103.378 42.393
201812 30.188 103.785 42.500
201903 28.732 104.274 40.261
201906 29.488 105.983 40.654
201909 295.361 105.983 407.199
201912 29.548 107.123 40.303
202003 27.606 109.076 36.980
202006 27.547 109.402 36.791
202009 27.848 109.320 37.221
202012 26.083 109.565 34.784
202103 24.995 112.658 32.418
202106 25.841 113.960 33.132
202109 26.660 115.588 33.700
202112 26.389 119.088 32.377
202203 26.431 125.031 30.888
202206 26.696 131.705 29.616
202209 26.045 135.531 28.079
202212 24.777 139.113 26.024
202303 23.221 145.950 23.247
202306 23.127 147.009 22.986
202309 21.297 146.113 21.297

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.


Solar Co  (WAR:SOL) 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.


Solar Co Cyclically Adjusted PB Ratio Related Terms

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


Solar Co (WAR:SOL) Business Description

Traded in Other Exchanges
N/A
Address
Ulica Torowa 11, Poznan, POL, 61-315
Solar Co SA is a manufacturer of branded clothing for women. The company also owns and operates company shops including franchised shops throughout Poland.