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Emeren Group (Emeren Group) Book Value per Share : $5.73 (As of Sep. 2023)


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What is Emeren Group Book Value per Share?

Emeren Group's book value per share for the quarter that ended in Sep. 2023 was $5.73.

During the past 12 months, Emeren Group's average Book Value Per Share Growth Rate was 1.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 43.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 23.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -11.30% 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 book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Emeren Group was 506.20% per year. The lowest was -42.50% per year. And the median was -1.05% per year.

Emeren Group's current price is $1.89. Its book value per share for the quarter that ended in Sep. 2023 was $5.73. Hence, today's PB Ratio of Emeren Group is 0.33.

During the past 13 years, the highest P/B Ratio of Emeren Group was 13.81. The lowest was 0.29. And the median was 1.00.

Good Sign:

Emeren Group Ltd stock PB Ratio (=0.32) is close to 10-year low of 0.29


Emeren Group Book Value per Share Historical Data

The historical data trend for Emeren Group's Book Value 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.

Emeren Group Book Value per Share Chart

Emeren Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 1.97 2.43 6.02 5.76

Emeren Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Book Value 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 5.63 5.76 5.86 5.95 5.73

Competitive Comparison of Emeren Group's Book Value per Share

For the Solar subindustry, Emeren Group'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.


Emeren Group's PB Ratio Distribution in the Semiconductors Industry

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

* The bar in red indicates where Emeren Group's PB Ratio falls into.



Emeren Group Book Value per Share Calculation

Emeren Group's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(347.29-0.00)/60.27
=5.76

Emeren Group's Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(322.34-0.00)/56.29
=5.73

* 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.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Emeren Group  (NYSE:SOL) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Emeren Group Book Value per Share Related Terms

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Emeren Group (Emeren Group) Business Description

Traded in Other Exchanges
Address
100 First Stamford Place, Suite 302, Stamford, CT, USA, 06902
Emeren Group Ltd is a leading global solar project developer, owner, and operator with a ~3 GW pipeline of projects and IPP assets across Europe, North America, and Asia. The company focuses on solar power project development, construction management, and project financing services with local professional teams in more than 10 countries.
Executives
Capital Management Shah director, 10 percent owner 8601 SIX FORKS ROAD, SUITE 630, RALEIGH NC 27615