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NRG Energy (STU:NRA) Cyclically Adjusted Book per Share : €11.47 (As of Jun. 2024)


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What is NRG Energy 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.

NRG Energy's adjusted book value per share for the three months ended in Jun. 2024 was €13.311. 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 €11.47 for the trailing ten years ended in Jun. 2024.

During the past 12 months, NRG Energy's average Cyclically Adjusted Book Growth Rate was -15.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -10.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -7.30% 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 NRG Energy was 20.20% per year. The lowest was -11.80% per year. And the median was -1.30% per year.

As of today (2024-09-26), NRG Energy's current stock price is €79.66. NRG Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €11.47. NRG Energy's Cyclically Adjusted PB Ratio of today is 6.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NRG Energy was 7.26. The lowest was 0.32. And the median was 1.69.


NRG Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for NRG Energy'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.

NRG Energy Cyclically Adjusted Book per Share Chart

NRG Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.25 13.82 14.35 14.48 11.72

NRG Energy Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 13.09 12.90 11.72 11.60 11.47

Competitive Comparison of NRG Energy's Cyclically Adjusted Book per Share

For the Utilities - Independent Power Producers subindustry, NRG Energy'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.


NRG Energy's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NRG Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NRG Energy 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, NRG Energy's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=13.311/132.5538*132.5538
=13.311

Current CPI (Jun. 2024) = 132.5538.

NRG Energy Quarterly Data

Book Value per Share CPI Adj_Book
201409 22.817 100.428 30.116
201412 23.516 99.070 31.464
201503 26.297 99.621 34.990
201506 25.285 100.684 33.289
201509 25.710 100.392 33.947
201512 7.909 99.792 10.505
201603 7.771 100.470 10.253
201606 7.127 101.688 9.290
201609 8.592 101.861 11.181
201612 6.134 101.863 7.982
201703 4.807 102.862 6.195
201706 2.874 103.349 3.686
201709 3.135 104.136 3.991
201712 -0.923 104.011 -1.176
201803 -0.345 105.290 -0.434
201806 -1.033 106.317 -1.288
201809 -2.767 106.507 -3.444
201812 -3.824 105.998 -4.782
201903 -5.088 107.251 -6.288
201906 -5.641 108.070 -6.919
201909 -5.661 108.329 -6.927
201912 5.993 108.420 7.327
202003 5.659 108.902 6.888
202006 6.365 108.767 7.757
202009 6.725 109.815 8.118
202012 5.654 109.897 6.820
202103 5.208 111.754 6.177
202106 8.626 114.631 9.975
202109 14.161 115.734 16.219
202112 13.071 117.630 14.729
202203 19.093 121.301 20.864
202206 21.322 125.017 22.607
202209 22.321 125.227 23.627
202212 15.741 125.222 16.663
202303 9.870 127.348 10.273
202306 10.743 128.729 11.062
202309 11.718 129.860 11.961
202312 9.940 129.419 10.181
202403 11.699 131.776 11.768
202406 13.311 132.554 13.311

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


NRG Energy  (STU:NRA) 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.

NRG Energy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=79.66/11.47
=6.95

* 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 NRG Energy was 7.26. The lowest was 0.32. And the median was 1.69.


Be Aware

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


NRG Energy Cyclically Adjusted Book per Share Related Terms

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


NRG Energy Business Description

Traded in Other Exchanges
Address
910 Louisiana Street, Houston, TX, USA, 77002
NRG Energy is one of the largest retail energy providers in the U.S., with 5.5 million customers. Its 2023 acquisition of Vivint Smart Home adds 1.9 million home services customers. NRG also is one of the largest U.S. independent power producers, with 13 gigawatts of coal, gas, and oil power generation capacity primarily in Texas. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.

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