GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Renew Holdings PLC (LSE:RNWH) » Definitions » Cyclically Adjusted PB Ratio

Renew Holdings (LSE:RNWH) Cyclically Adjusted PB Ratio : 8.45 (As of May. 23, 2024)


View and export this data going back to 2001. Start your Free Trial

What is Renew Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Renew Holdings's current share price is £10.48. Renew Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was £1.24. Renew Holdings's Cyclically Adjusted PB Ratio for today is 8.45.

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

LSE:RNWH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.17   Med: 11.33   Max: 20.08
Current: 8.56

During the past 13 years, Renew Holdings's highest Cyclically Adjusted PB Ratio was 20.08. The lowest was 5.17. And the median was 11.33.

LSE:RNWH's Cyclically Adjusted PB Ratio is ranked worse than
95.79% of 1210 companies
in the Construction industry
Industry Median: 1.12 vs LSE:RNWH: 8.56

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.

Renew Holdings's adjusted book value per share data of for the fiscal year that ended in Sep23 was £2.267. 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 £1.24 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Renew Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Renew Holdings'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.

Renew Holdings Cyclically Adjusted PB Ratio Chart

Renew Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.49 7.80 10.65 5.84 5.73

Renew Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 - 5.84 - 5.73 -

Competitive Comparison of Renew Holdings's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Renew Holdings'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.


Renew Holdings's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Renew Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Renew Holdings 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.

Renew Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.48/1.24
=8.45

* 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.

Renew Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Renew Holdings's adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=2.267/130.1000*130.1000
=2.267

Current CPI (Sep23) = 130.1000.

Renew Holdings Annual Data

Book Value per Share CPI Adj_Book
201409 0.226 100.000 0.294
201509 0.403 100.200 0.523
201609 0.335 101.500 0.429
201709 0.448 104.300 0.559
201809 1.003 106.600 1.224
201909 1.225 108.400 1.470
202009 1.533 109.200 1.826
202109 1.586 112.400 1.836
202209 1.885 122.300 2.005
202309 2.267 130.100 2.267

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.


Renew Holdings  (LSE:RNWH) 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.


Renew Holdings Cyclically Adjusted PB Ratio Related Terms

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


Renew Holdings (LSE:RNWH) Business Description

Traded in Other Exchanges
N/A
Address
3175 Century Way, Thorpe Park, Leeds, GBR, LS15 8ZB
Renew Holdings PLC provides multidisciplinary engineering services to the energy, environmental, infrastructure, and specialist building sectors in the United Kingdom. Its activity is operated through the following business segments: which include Engineering Services, Specialist Building, and Central Activities. Engineering Services comprises the Group's engineering activities. Specialist Building comprises the Group's building activities. The Central activities include the sale of land, the leasing, and sub-leasing of properties. The company derives the maximum revenue from the Engineering service segment.

Renew Holdings (LSE:RNWH) Headlines

No Headlines