Spruce Power Holding (Spruce Power Holding) Cyclically Adjusted PB Ratio : (As of May. 03, 2024)

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What is Spruce Power Holding Cyclically Adjusted PB Ratio?

Spruce Power Holding does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation

Spruce Power Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Spruce Power Holding'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.

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Spruce Power Holding Cyclically Adjusted PB Ratio Chart

Spruce Power Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cyclically Adjusted PB Ratio

Spruce Power Holding Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
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Competitive Comparison of Spruce Power Holding's Cyclically Adjusted PB Ratio

For the Solar subindustry, Spruce Power Holding'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.

Spruce Power Holding's Cyclically Adjusted PB Ratio Distribution in the Semiconductors Industry

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

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

Spruce Power Holding 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.

Spruce Power Holding does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Spruce Power Holding (NYSE:SPRU) 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.

Spruce Power Holding Cyclically Adjusted PB Ratio Related Terms

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Spruce Power Holding (Spruce Power Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Spruce Power Holding Corp (NYSE:SPRU) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1875 Lawrence Street, Suite 320, Denver, CO, USA, 80202

Website

https://www.sprucepower.com

Spruce Power Holding Corp is a renewable-focused Power-as-a-Service company offering solar battery installation and maintenance services, It provides subscription-based services for homeowners and small businesses to own and maintain rooftop solar and battery storage. Its solutions offerings comprise Battery Bundles and System Expansion Options.

Executives

Christian S. Fong	director, officer: President and CEO	7550 WISCONSIN AVENUE, 9TH FLOOR, BETHESDA MD 20814
Jonathan J Ledecky	director	C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Christopher M. Hayes	director	C/O XL HYBRIDS, INC., 145 NEWTON STREET, BOSTON MA 02135
Eric M. Tech	director, officer: CEO	2701 NAVISTAR DRIVE, LISLE IL 60532
Jonathan M Norling	officer: Chief Legal Officer	820 GESSNER ROAD, SUITE 500, HOUSTON TX 77024
Sarah Weber Wells	officer: SVP of Fin & Acc & Sustain'	820 GESSNER ROAD, SUITE 500, HOUSTON TX 77024
John P. Miller	director	26W073 MOHICAN DRIVE, WHEATON IL 60189
Stacey Constas	officer: General Counsel	47000 LIBERTY DRIVE, WIXOM MI 48393
Michael Kenhard	officer: CTO and VP of Engineering	47000 LIBERTY DRIVE, WIXOM MI 48393
Calhoun Colleen	officer: VP / GM of XL Grid	515 W. GREENS ROAD, SUITE 1200, HOUSTON TX 77067
Donald P Klein	officer: Chief Financial Officer	201 MITTEL DRIVE, WOOD DALE IL 60191
Cielo Hernandez	officer: Chief Financial Officer	C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Berklas James P Jr	officer: General Counsel	123 MAIN STREET, BRISTOL CT 06010
Sarah Sclarsic	director	C/O PIVOTAL INVESTMENT CORPORATION II, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174
Niharika Ramdev	director	C/O XL HYBRIDS, INC., 145 NEWTON STREET, BOSTON MA 02135