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Repsol (CHIX:REPE) Cyclically Adjusted PB Ratio : 0.53 (As of Sep. 26, 2024)


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What is Repsol Cyclically Adjusted PB Ratio?

As of today (2024-09-26), Repsol's current share price is €11.7025. Repsol's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €22.08. Repsol's Cyclically Adjusted PB Ratio for today is 0.53.

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

CHIX:REPe' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.65   Max: 1.04
Current: 0.53

During the past years, Repsol's highest Cyclically Adjusted PB Ratio was 1.04. The lowest was 0.26. And the median was 0.65.

CHIX:REPe's Cyclically Adjusted PB Ratio is ranked better than
65.73% of 785 companies
in the Oil & Gas industry
Industry Median: 0.92 vs CHIX:REPe: 0.53

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 Jun. 2024 was €22.178. 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 €22.08 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Repsol Cyclically Adjusted PB Ratio Historical Data

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.

* Premium members only.

Repsol Cyclically Adjusted PB Ratio Chart

Repsol Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.66 0.40 0.50 0.69 0.62

Repsol Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.61 0.71 0.62 0.70 0.66

Competitive Comparison of Repsol's Cyclically Adjusted PB Ratio

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.



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
=11.7025/22.08
=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.

Repsol's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Repsol'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)
=22.178/124.4086*124.4086
=22.178

Current CPI (Jun. 2024) = 124.4086.

Repsol Quarterly Data

Book Value per Share CPI Adj_Book
201409 20.764 100.441 25.719
201412 20.808 100.251 25.822
201503 22.874 99.474 28.608
201506 22.139 101.138 27.233
201509 21.752 99.559 27.181
201512 20.642 100.268 25.612
201603 19.782 98.638 24.950
201606 19.834 100.333 24.593
201609 20.118 99.737 25.095
201612 21.062 101.842 25.729
201703 20.960 100.896 25.844
201706 19.631 101.848 23.979
201709 19.538 101.524 23.942
201712 19.544 102.975 23.612
201803 19.094 102.122 23.261
201806 19.563 104.165 23.365
201809 20.042 103.818 24.017
201812 20.052 104.193 23.942
201903 20.603 103.488 24.768
201906 20.173 104.612 23.991
201909 21.181 103.905 25.361
201912 16.433 105.015 19.468
202003 15.514 103.469 18.654
202006 14.803 104.254 17.665
202009 14.273 103.521 17.153
202012 13.287 104.456 15.825
202103 13.608 104.857 16.145
202106 13.891 107.102 16.136
202109 14.421 107.669 16.663
202112 15.318 111.298 17.122
202203 16.222 115.153 17.526
202206 17.463 118.044 18.405
202209 19.599 117.221 20.801
202212 19.059 117.650 20.154
202303 19.929 118.948 20.844
202306 20.004 120.278 20.691
202309 21.412 121.343 21.953
202312 21.529 121.300 22.081
202403 22.379 122.762 22.679
202406 22.178 124.409 22.178

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.


Repsol  (CHIX:REPe) 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

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


Repsol Business Description

Industry
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Address
Calle Mendez Alvaro, 44, Madrid, ESP, 28045
Repsol is a Spanish integrated oil and gas firm. In 2022, production was 550,000 barrels of oil equivalent a day (34% liquids), and proven reserves stood at 1.9 billion barrels of oil equivalent (33% oil). It also operates a downstream segment with refining capacity of 1.0 million barrels a day.

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