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Repsol (Repsol) Cyclically Adjusted PB Ratio : 0.66 (As of Apr. 28, 2024)


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What is Repsol Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Repsol's current share price is $15.95. Repsol's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $24.02. Repsol's Cyclically Adjusted PB Ratio for today is 0.66.

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

REPYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.68   Max: 1.16
Current: 0.68

During the past years, Repsol's highest Cyclically Adjusted PB Ratio was 1.16. The lowest was 0.26. And the median was 0.68.

REPYF's Cyclically Adjusted PB Ratio is ranked better than
60.44% of 809 companies
in the Oil & Gas industry
Industry Median: 1.02 vs REPYF: 0.68

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.

Repsol's adjusted book value per share data for the three months ended in Dec. 2023 was $23.478. 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 $24.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Repsol Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Repsol'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.

Repsol Cyclically Adjusted PB Ratio Chart

Repsol 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 0.66 0.40 0.50 0.69 0.62

Repsol Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.69 0.66 0.61 0.71 0.62

Competitive Comparison of Repsol's Cyclically Adjusted PB Ratio

For the Oil & Gas Integrated subindustry, Repsol'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.


Repsol's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Repsol's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Repsol 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.95/24.02
=0.66

* 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.

Repsol's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=23.478/121.2698*121.2698
=23.478

Current CPI (Dec. 2023) = 121.2698.

Repsol Quarterly Data

Book Value per Share CPI Adj_Book
201403 27.426 100.139 33.213
201406 26.866 101.081 32.232
201409 26.758 100.441 32.307
201412 25.658 100.251 31.037
201503 24.755 99.474 30.179
201506 24.847 101.138 29.793
201509 24.413 99.559 29.737
201512 22.486 100.268 27.196
201603 22.029 98.638 27.083
201606 22.285 100.333 26.935
201609 22.579 99.737 27.454
201612 22.217 101.842 26.455
201703 22.418 100.896 26.945
201706 22.058 101.848 26.264
201709 23.287 101.524 27.816
201712 23.130 102.975 27.239
201803 23.543 102.122 27.957
201806 22.853 104.165 26.606
201809 23.387 103.818 27.318
201812 22.813 104.193 26.552
201903 23.280 103.488 27.280
201906 22.795 104.612 26.425
201909 23.327 103.905 27.225
201912 18.258 105.015 21.084
202003 17.143 103.469 20.092
202006 16.670 104.254 19.391
202009 16.812 103.521 19.694
202012 16.165 104.456 18.767
202103 16.200 104.857 18.736
202106 16.736 107.102 18.950
202109 16.966 107.669 19.109
202112 17.308 111.298 18.859
202203 17.865 115.153 18.814
202206 18.460 118.044 18.964
202209 19.405 117.221 20.075
202212 20.189 117.650 20.810
202303 21.337 118.948 21.754
202306 21.673 120.278 21.852
202309 22.852 121.343 22.838
202312 23.478 121.270 23.478

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.


Repsol  (OTCPK:REPYF) 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.


Repsol Cyclically Adjusted PB Ratio Related Terms

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


Repsol (Repsol) Business Description

Industry
Address
Calle Mendez Alvaro, 44, Madrid, ESP, 28045
Repsol is a Spanish integrated oil and gas firm. In 2022, production was 550,000 barrels of oil equivalent a day (34% liquids), and proven reserves stood at 1.9 billion barrels of oil equivalent (33% oil). It also operates a downstream segment with refining capacity of 1.0 million barrels a day.

Repsol (Repsol) Headlines

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