REN-Redes Energeticas Nacionais Sgps (CHIX:RENEU) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

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CHIX:RENEU REN-Redes Energeticas Nacionais Sgps SA CHIX:RENEU
69 GF Score
Price €3.71
GF Value €3.01
Valuation Modestly Overvalued
! 11 Warning Signs
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What is REN-Redes Energeticas Nacionais Sgps Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


REN-Redes Energeticas Nacionais Sgps  (CHIX:RENEu) 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.


REN-Redes Energeticas Nacionais Sgps Cyclically Adjusted PB Ratio Related Terms


REN-Redes Energeticas Nacionais Sgps Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for REN-Redes Energeticas Nacionais Sgps'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.

REN-Redes Energeticas Nacionais Sgps Cyclically Adjusted PB Ratio Chart

REN-Redes Energeticas Nacionais Sgps 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 1.20 1.08 0.98 0.94 1.31

REN-Redes Energeticas Nacionais Sgps 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 1.23 1.24 1.31 1.50 0.00

CHIX:RENEU vs SRE, AES: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Diversified subindustry, REN-Redes Energeticas Nacionais Sgps'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.


REN-Redes Energeticas Nacionais Sgps Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted PB Ratio falls into.


CHIX:RENEU
69GF Score
REN-Redes Energeticas Nacionais Sgps SA CHIX:RENEU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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REN-Redes Energeticas Nacionais Sgps 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.

REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, REN-Redes Energeticas Nacionais Sgps'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)
=2.449/128.0300*128.0300
=2.449

Current CPI (Jun. 2026) = 128.0300.

REN-Redes Energeticas Nacionais Sgps Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.005 101.122 2.539
201612 2.062 100.998 2.614
201703 2.092 101.924 2.628
201706 1.985 102.240 2.486
201709 2.038 102.527 2.545
201712 2.155 102.479 2.692
201803 2.172 102.626 2.710
201806 2.076 103.790 2.561
201809 2.142 103.960 2.638
201812 2.207 103.159 2.739
201903 2.220 103.495 2.746
201906 2.094 104.192 2.573
201909 2.153 103.844 2.654
201912 2.180 103.592 2.694
202003 2.169 103.544 2.682
202006 2.055 104.323 2.522
202009 2.086 103.699 2.575
202012 2.122 103.354 2.629
202103 2.138 104.014 2.632
202106 2.016 104.852 2.462
202109 2.062 105.232 2.509
202112 2.125 106.191 2.562
202203 2.202 109.559 2.573
202206 2.134 114.003 2.397
202209 2.227 114.999 2.479
202212 2.288 116.377 2.517
202303 2.310 117.701 2.513
202306 2.220 117.872 2.411
202309 2.250 119.111 2.418
202312 2.280 118.032 2.473
202403 2.276 120.396 2.420
202406 2.194 121.165 2.318
202409 2.231 121.574 2.349
202412 2.340 121.585 2.464
202503 2.361 122.624 2.465
202506 2.229 124.042 2.301
202509 2.270 124.490 2.335
202512 2.298 124.240 2.368
202603 2.355 125.940 2.394
202606 2.449 128.030 2.449

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.

Is REN-Redes Energeticas Nacionais Sgps (CHIX:RENEU) Overvalued in 2026?

Based on GuruFocus' analysis, REN-Redes Energeticas Nacionais Sgps stock appears to be overvalued. The current stock price of €3.71 is trading 23.1% above its estimated GF Value™ of €3.01. GuruFocus considers REN-Redes Energeticas Nacionais Sgps to be Modestly Overvalued.

Key valuation signals for CHIX:RENEU:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €3.01 vs. price of €3.71 (23.1% above fair value)
  • GF Score™: 69/100 with 11 warning signs

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


REN-Redes Energeticas Nacionais Sgps Business Description

Address Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061
REN-Redes Energeticas Nacionais Sgps SA is an energy and utility company that operates as the primary concession holder for electricity transmission and natural gas transportation in Portugal. It manages the national high-voltage electricity grid, high-pressure natural gas pipelines, LNG terminal, and underground storage, focusing on energy transition, sustainability, and security of supply. The Group presently has two main business segments, Electricity and Gas, and a secondary business of Telecommunications.
69GF Score

Get the complete analysis for CHIX:RENEU

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

€3.71
Price
€3.01
GF Value