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Repsol (XTER:REP) Cyclically Adjusted Book per Share : €22.12 (As of Mar. 2025)


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What is Repsol 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.

Repsol's adjusted book value per share for the three months ended in Mar. 2025 was €22.748. 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 €22.12 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Repsol's average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.60% 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 Repsol was 21.00% per year. The lowest was 0.10% per year. And the median was 4.45% per year.

As of today (2025-05-27), Repsol's current stock price is €11.725. Repsol's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €22.12. Repsol's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Repsol was 0.94. The lowest was 0.26. And the median was 0.63.


Repsol Cyclically Adjusted Book per Share Historical Data

The historical data trend for Repsol'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.

Repsol Cyclically Adjusted Book per Share Chart

Repsol Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.49 20.97 21.59 21.81 21.68

Repsol Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 21.77 22.41 22.20 21.68 22.12

Competitive Comparison of Repsol's Cyclically Adjusted Book per Share

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.


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Repsol 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, Repsol's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=22.748/125.5305*125.5305
=22.748

Current CPI (Mar. 2025) = 125.5305.

Repsol Quarterly Data

Book Value per Share CPI Adj_Book
201506 22.139 101.138 27.479
201509 21.752 99.559 27.426
201512 20.642 100.268 25.843
201603 19.782 98.638 25.175
201606 19.834 100.333 24.815
201609 20.118 99.737 25.321
201612 21.062 101.842 25.961
201703 20.960 100.896 26.078
201706 19.631 101.848 24.196
201709 19.538 101.524 24.158
201712 19.545 102.975 23.826
201803 19.094 102.122 23.471
201806 19.563 104.165 23.576
201809 20.042 103.818 24.234
201812 20.052 104.193 24.158
201903 20.603 103.488 24.991
201906 20.174 104.612 24.208
201909 21.180 103.905 25.588
201912 16.433 105.015 19.643
202003 15.514 103.469 18.822
202006 14.803 104.254 17.824
202009 14.273 103.521 17.308
202012 13.287 104.456 15.968
202103 13.608 104.857 16.291
202106 13.891 107.102 16.281
202109 14.421 107.669 16.813
202112 15.318 111.298 17.277
202203 16.222 115.153 17.684
202206 17.463 118.044 18.570
202209 19.599 117.221 20.988
202212 19.059 117.650 20.336
202303 19.929 118.948 21.032
202306 20.004 120.278 20.877
202309 21.412 121.343 22.151
202312 21.529 121.300 22.280
202403 22.380 122.762 22.885
202406 22.178 124.409 22.378
202409 22.111 123.121 22.544
202412 22.890 124.753 23.033
202503 22.748 125.531 22.748

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


Repsol  (XTER:REP) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.725/22.12
=0.53

* 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 Repsol was 0.94. The lowest was 0.26. And the median was 0.63.


Be Aware

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


Repsol Cyclically Adjusted Book per Share Related Terms

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


Repsol Business Description

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GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Repsol SA (XTER:REP) » Definitions » Cyclically Adjusted Book per Share
Address
Calle Mendez Alvaro, 44, Madrid, ESP, 28045
Repsol is a Spanish integrated oil and gas firm. In 2023, production was 599,000 barrels of oil equivalent a day (34% liquids), and proven reserves stood at 1.8 billion barrels of oil equivalent (36% oil). It also operates a downstream segment with refining capacity of 1.0 million barrels a day and holds 2.8 GW of installed renewable power generation capacity.

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