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Soluna Holdings (Soluna Holdings) Cyclically Adjusted Book per Share : $35.21 (As of Mar. 2024)


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What is Soluna Holdings 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.

Soluna Holdings's adjusted book value per share for the three months ended in Mar. 2024 was $7.576. 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 $35.21 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Soluna Holdings's average Cyclically Adjusted Book Growth Rate was 7.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 82.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 48.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -17.30% 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 Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Soluna Holdings was 82.00% per year. The lowest was -51.60% per year. And the median was -0.80% per year.

As of today (2024-06-02), Soluna Holdings's current stock price is $2.41. Soluna Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $35.21. Soluna Holdings's Cyclically Adjusted PB Ratio of today is 0.07.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Soluna Holdings was 58.32. The lowest was 0.05. And the median was 1.65.


Soluna Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Soluna Holdings'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.

Soluna Holdings Cyclically Adjusted Book per Share Chart

Soluna Holdings Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.62 5.68 15.08 30.96 34.25

Soluna Holdings Quarterly Data
Dec17 Mar18 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 32.63 33.45 34.13 34.25 35.21

Competitive Comparison of Soluna Holdings's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, Soluna Holdings'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.


Soluna Holdings's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Soluna Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Soluna Holdings 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, Soluna Holdings'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)
=7.576/131.7762*131.7762
=7.576

Current CPI (Mar. 2024) = 131.7762.

Soluna Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201212 -1.488 96.871 -2.024
201303 -1.056 98.209 -1.417
201306 -0.490 98.518 -0.655
201309 0.357 98.790 0.476
201312 16.131 98.326 21.619
201403 14.148 99.695 18.701
201406 15.104 100.560 19.793
201409 14.956 100.428 19.624
201412 20.051 99.070 26.671
201503 18.354 99.621 24.278
201506 17.494 100.684 22.896
201509 14.770 100.392 19.387
201512 7.259 99.792 9.586
201603 4.654 100.470 6.104
201606 5.378 101.688 6.969
201609 7.145 101.861 9.243
201612 11.514 101.863 14.895
201703 10.433 102.862 13.366
201706 11.360 103.349 14.485
201709 12.316 104.136 15.585
201712 13.254 104.011 16.792
201803 13.275 105.290 16.614
201912 10.012 108.420 12.169
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 15.193 109.897 18.218
202103 13.666 111.754 16.114
202106 41.058 114.631 47.199
202109 76.135 115.734 86.688
202112 165.380 117.630 185.269
202203 156.347 121.301 169.849
202206 188.888 125.017 199.101
202209 106.030 125.227 111.576
202212 55.984 125.222 58.914
202303 36.772 127.348 38.051
202306 27.536 128.729 28.188
202309 19.789 129.860 20.081
202312 10.581 129.419 10.774
202403 7.576 131.776 7.576

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


Soluna Holdings  (NAS:SLNH) 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.

Soluna Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.41/35.21
=0.07

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Soluna Holdings was 58.32. The lowest was 0.05. And the median was 1.65.


Be Aware

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


Soluna Holdings Cyclically Adjusted Book per Share Related Terms

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


Soluna Holdings (Soluna Holdings) Business Description

Traded in Other Exchanges
N/A
Address
325 Washington Avenue Extension, Albany, NY, USA, 12205
Soluna Holdings Inc, is a U.S based company that conducts operations through its subsidiary. The group is engaged in the mining of cryptocurrency through data centers that can be powered by renewable energy sources. The data centers buy every excess megawatt to use for batch-oriented, computing-intensive processes such as cryptocurrency mining or machine learning which is a low-risk and low-friction solution to use as a smartphone.
Executives
Jessica L. Thomas officer: CFO 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
John Belizaire director, officer: CEO & Pres. of EcoChain Inc. 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Patman Philip F Jr officer: Chief Financial Officer 9800 RICHMOND AVE, SUITE 700, HOUSTON TX 77042
William Hazelip director C/O MECHANICAL TECHNOLOGY, INC., 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
John Bottomley director 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Mary Jennifer Oreilly officer: Chief People Officer 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
William P Phelan director C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Michael Toporek director, other: See Explanation of Responses C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Matthew E. Lipman director, other: See Explanation of Responses C/O MECHANICAL TECHNOLOGY, INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
David C Michaels director C/O MECHANICAL TECHNOLOGY INCORPORATED, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Alykhan Madhavji director 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Moshe Binyamin officer: President-MTI Instruments, Inc 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Frederick W. Jones officer: CHIEF FINANCIAL OFFICER C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Thomas J Marusak director C/O MECHANICAL TECHNOLOGY INC, 325 WASHINGTON AVENUE EXTENSION, ALBANY NY 12205
Edward R Hirshfield director, 10 percent owner 122 E.42ND STREET SUITE 4305, NEW YORK NY 10168