Renova Energia (BSP:RNEW11) Cyclically Adjusted PB Ratio: (As of Sep. 09, 2026)

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Director of Data and Quant Analytics at GuruFocus
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BSP:RNEW11 Renova Energia SA BSP:RNEW11
45 GF Score
Price R$3.23
! 3 Warning Signs
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What is Renova Energia Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Renova Energia  (BSP:RNEW11) 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.


Renova Energia Cyclically Adjusted PB Ratio Related Terms


Renova Energia Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Renova Energia'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.

Renova Energia Cyclically Adjusted PB Ratio Chart

Renova Energia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.03 0.04 0.05

Renova Energia Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.02 0.04 0.05 0.07 0.08

Renova Energia Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Renova Energia'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.


Renova Energia Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

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

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


BSP:RNEW11
45GF Score
Renova Energia SA BSP:RNEW11
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Renova Energia 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.

Renova Energia's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Renova Energia's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=2.757/177.5443*177.5443
=2.757

Current CPI (Jun. 2026) = 177.5443.

Renova Energia Quarterly Data

Book Value per Share CPI Adj_Book
201609 6.458 109.986 10.425
201612 5.420 110.802 8.685
201703 5.647 111.869 8.962
201706 4.693 112.115 7.432
201709 4.120 112.777 6.486
201712 1.869 114.068 2.909
201803 1.580 114.868 2.442
201806 1.280 117.038 1.942
201809 0.702 117.881 1.057
201812 -0.240 118.340 -0.360
201903 -0.620 120.124 -0.916
201906 -1.643 120.977 -2.411
201909 -2.041 121.292 -2.988
201912 -2.710 123.436 -3.898
202003 -2.741 124.092 -3.922
202006 -2.963 123.557 -4.258
202009 -3.238 125.095 -4.596
202012 -2.655 129.012 -3.654
202103 -2.702 131.660 -3.644
202106 -2.023 133.871 -2.683
202109 -1.985 137.913 -2.555
202112 -1.571 141.992 -1.964
202203 -1.729 146.537 -2.095
202206 -1.465 149.784 -1.737
202209 0.385 147.800 0.462
202212 2.184 150.207 2.581
202303 2.152 153.352 2.491
202306 2.050 154.519 2.355
202309 1.935 155.464 2.210
202312 2.236 157.148 2.526
202403 2.088 159.372 2.326
202406 2.121 161.052 2.338
202409 2.118 162.342 2.316
202412 1.956 164.740 2.108
202503 1.818 168.102 1.920
202506 3.099 169.670 3.243
202509 2.996 170.739 3.115
202512 2.853 171.765 2.949
202603 2.764 175.066 2.803
202606 2.757 177.544 2.757

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.


Renova Energia Business Description

Other Exchanges RNEW4:BrazilRNEW3:Brazil
Address Avenue Das Nacoes Unidas, No. 10,989, 8th floor set 82, Brooklin Paulista, Sao Paulo, SP, BRA
Renova Energia SA is a Brazilian energy company engaged in the development, implementation, and operation of power generation projects from renewable sources - wind and solar, and trading of energy and related activities. The company is generating and trading electric power in all its forms, producing fuel from natural and renewable sources, providing logistics services to environmental advisory firms, and providing advisory services for energy solutions related to the generation, trading, transmission, and other businesses. The company has operating segments, namely: Wind, Solar, Trading, and Administrative. It derives maximum revenue from the Trading segment, which is engaged in energy trading in all its forms and management of the Company's energy purchase and sale contracts.
45GF Score

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Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$3.23
Price