Repsol (BUE:REP) Cyclically Adjusted PB Ratio: 1.10 (As of Jul. 09, 2026) — 69% Above Median


BUE:REP Repsol SA BUE:REP
59 GF Score
Price ARS629.00
GF Value ARS400.84
! 4 Warning Signs
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What is Repsol Cyclically Adjusted PB Ratio?

Repsol BUE:REP 59 Cyclically Adjusted PB Ratio is 1.10 as of Jul. 09, 2026, which is 69% above its 10-year median of 0.65. GuruFocus rates BUE:REP with a GF Score™ of 59/100 and a GF Value™ of ARS400.84. The stock has 4 warning signs investors should review. Among 772 Oil & Gas companies, Repsol ranks better than 56.22% on this metric.

As of today (2026-07-09), Repsol's current share price is ARS629.00. Repsol's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ARS571.08. Repsol's Cyclically Adjusted PB Ratio for today is 1.10.

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

BUE:REP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.65   Max: 1.09
Current: 1

During the past years, Repsol's highest Cyclically Adjusted PB Ratio was 1.09. The lowest was 0.26. And the median was 0.65.

BUE:REP's Cyclically Adjusted PB Ratio is ranked better than
56.22% of 772 companies
in the Oil & Gas industry
Industry Median: 1.18 vs BUE:REP: 1.00

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 Mar. 2026 was ARS38,211.604. 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 ARS571.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Repsol  (BUE:REP) 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


Repsol Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Repsol Cyclically Adjusted PB Ratio Chart

Repsol 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 0.50 0.69 0.62 0.53 0.72

Repsol Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.56 0.56 0.68 0.72 1.10

BUE:REP vs XOM, CVX: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


BUE:REP
59GF Score
Repsol SA BUE:REP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=629.00/571.08
=1.10

* 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 Mar. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=38211.604/129.8600*129.8600
=38,211.604

Current CPI (Mar. 2026) = 129.8600.

Repsol Quarterly Data

Book Value per Share CPI Adj_Book
201606 311.538 100.333 403.220
201609 336.807 99.737 438.533
201612 352.195 101.842 449.087
201703 345.611 100.896 444.824
201706 363.685 101.848 463.711
201709 408.076 101.524 521.974
201712 441.660 102.975 556.970
201803 474.374 102.122 603.224
201806 569.966 104.165 710.566
201809 860.608 103.818 1,076.483
201812 860.156 104.193 1,072.044
201903 910.003 103.488 1,141.903
201906 1,018.455 104.612 1,264.263
201909 1,304.558 103.905 1,630.431
201912 1,091.370 105.015 1,349.576
202003 1,064.043 103.469 1,335.441
202006 1,141.259 104.254 1,421.561
202009 1,248.116 103.521 1,565.679
202012 1,315.477 104.456 1,635.405
202103 1,459.315 104.857 1,807.280
202106 1,585.390 107.102 1,922.263
202109 1,658.932 107.669 2,000.850
202112 1,747.936 111.298 2,039.456
202203 1,918.239 115.153 2,163.236
202206 2,221.314 118.044 2,443.657
202209 2,696.359 117.221 2,987.086
202212 3,384.718 117.650 3,735.983
202303 4,215.156 118.948 4,601.852
202306 5,201.411 120.278 5,615.765
202309 7,997.121 121.343 8,558.463
202312 8,475.477 121.300 9,073.604
202403 20,494.309 122.762 21,679.256
202406 21,378.477 124.409 22,315.250
202409 23,325.502 123.121 24,602.278
202412 24,208.737 124.753 25,199.707
202503 26,216.583 125.531 27,120.783
202506 28,709.157 127.251 29,297.821
202509 34,170.280 126.840 34,983.858
202512 38,665.171 128.400 39,104.822
202603 38,211.604 129.860 38,211.604

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.

What does a Cyclically Adjusted PB Ratio of 1.10 mean?
Repsol (BUE:REP) has a Cyclically Adjusted PB Ratio of 1.10 as of Jul. 09, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Repsol and its competitors. This is 69% above median its historical median of 0.65. Over the past decade, Repsol's Cyclically Adjusted PB Ratio has ranged from 0.26 to 1.09. According to the industry distribution chart, Repsol ranks #338 out of 772 companies in the Oil & Gas industry, placing it in the top 43.8%.
Is Repsol's Cyclically Adjusted PB Ratio too high?
Repsol's current Cyclically Adjusted PB Ratio of 1.10 is 69% above median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 1.09. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. Repsol's value of 1.10 is 6.8% below this industry median. Based on the distribution chart, Repsol ranks #338 out of 772 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Repsol has a GF Score™ of 59/100, reflecting its overall financial health beyond just this single metric.
How does Repsol's Cyclically Adjusted PB Ratio compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Repsol ranks #338 out of 772 companies for Cyclically Adjusted PB Ratio. This puts Repsol in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. Repsol's value of 1.10 is 6.8% below this benchmark. Historically, Repsol's own Cyclically Adjusted PB Ratio has ranged from 0.26 to 1.09 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 1.18, Repsol has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.18, based on 772 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Repsol's current Cyclically Adjusted PB Ratio of 1.10 is 6.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Repsol and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Repsol's current Cyclically Adjusted PB Ratio is 1.10, which is 69% above median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Repsol stock overvalued right now?
Repsol (BUE:REP) has a current Cyclically Adjusted PB Ratio of 1.10. The stock's GF Value™ is ARS400.84, compared to a current price of ARS629.00 — trading 56.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.10, which is 69% above median its 10-year median of 0.65 and 6.8% below the Oil & Gas industry median of 1.18. Repsol's overall GF Score™ is 59/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Repsol (BUE:REP), the current Cyclically Adjusted PB Ratio is 1.10 as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Repsol (BUE:REP) Overvalued in 2026?

Based on GuruFocus' analysis, Repsol stock appears to be overvalued. The current stock price of ARS629.00 is trading 56.9% above its estimated GF Value™ of ARS400.84.

Key valuation signals for BUE:REP:

  • Cyclically Adjusted PB Ratio: 1.10 (69% above median its 10-year median of 0.65)
  • GF Value™: ARS400.84 vs. price of ARS629.00 (56.9% above fair value)
  • GF Score™: 59/100 with 4 warning signs
  • Industry Position: 6.8% below the Oil & Gas median (#338 of 772)

No single metric tells the full story. See the BUE:REP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Repsol Business Description

Industry EnergyOil & Gas
Address Calle Mendez Alvaro, 44, Madrid, ESP, 28045
Repsol is a Spanish integrated oil and gas firm. In 2025, production was 548,000 barrels of oil equivalent a day (34% liquids), and proven reserves stood at 1.75 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 6 GW of installed renewable power generation capacity.
59GF Score

Get the complete analysis for BUE:REP

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

ARS629.00
Price
ARS400.84
GF Value