PJSC TNS Energo Kuban (MIC:KBSB) Cyclically Adjusted PB Ratio: 6.46 (As of Aug. 03, 2026)

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MIC:KBSB PJSC TNS Energo Kuban MIC:KBSB
17 GF Score
Price ₽847.00
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What is PJSC TNS Energo Kuban Cyclically Adjusted PB Ratio?

PJSC TNS Energo Kuban MIC:KBSB +2.79% 17 Cyclically Adjusted PB Ratio is 6.46 as of Aug. 03, 2026. GuruFocus rates MIC:KBSB with a GF Score™ of 17/100.

As of today (2026-08-03), PJSC TNS Energo Kuban's current share price is ₽847.00. PJSC TNS Energo Kuban's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₽131.07. PJSC TNS Energo Kuban's Cyclically Adjusted PB Ratio for today is 6.46.

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

MIC:KBSB's Cyclically Adjusted PB Ratio is not ranked *
in the Utilities - Regulated industry.
Industry Median: 1.515
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

PJSC TNS Energo Kuban's adjusted book value per share data for the three months ended in Dec. 2023 was ₽305.315. 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 ₽131.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PJSC TNS Energo Kuban  (MIC:KBSB) 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.


PJSC TNS Energo Kuban Cyclically Adjusted PB Ratio Related Terms


PJSC TNS Energo Kuban Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PJSC TNS Energo Kuban'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.

PJSC TNS Energo Kuban Cyclically Adjusted PB Ratio Chart

PJSC TNS Energo Kuban 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 0.00 0.00 0.00 1.38 3.66

PJSC TNS Energo Kuban Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.38 1.78 2.45 5.70 3.66

MIC:KBSB vs NEE, SO, DUK: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, PJSC TNS Energo Kuban'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.


PJSC TNS Energo Kuban Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PJSC TNS Energo Kuban's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where PJSC TNS Energo Kuban's Cyclically Adjusted PB Ratio falls into.


MIC:KBSB
17GF Score
PJSC TNS Energo Kuban MIC:KBSB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PJSC TNS Energo Kuban 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.

PJSC TNS Energo Kuban's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=847.00/131.07
=6.46

* 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.

PJSC TNS Energo Kuban's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, PJSC TNS Energo Kuban's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=305.315/249.1000*249.1000
=305.315

Current CPI (Dec. 2023) = 249.1000.

PJSC TNS Energo Kuban Quarterly Data

Book Value per Share CPI Adj_Book
201309 65.428 122.800 132.721
201312 85.480 124.900 170.481
201403 88.773 127.800 173.031
201406 70.093 130.900 133.386
201409 84.936 132.700 159.439
201412 95.872 139.000 171.811
201503 99.501 149.400 165.902
201506 91.246 150.900 150.625
201509 96.341 153.500 156.342
201512 109.121 157.000 173.134
201603 116.333 160.200 180.890
201606 96.351 162.200 147.972
201609 101.137 163.300 154.276
201612 113.672 165.400 171.195
201703 115.524 167.000 172.318
201706 124.060 169.200 182.644
201709 121.561 168.200 180.029
201712 14.591 169.600 21.431
201803 112.357 171.000 163.673
201806 101.708 173.100 146.363
201809 101.551 173.900 145.465
201812 -9.417 176.800 -13.268
201903 94.479 179.900 130.821
201906 -9.117 181.200 -12.533
201909 90.412 180.800 124.567
201912 -36.364 182.200 -49.716
202006 -41.369 187.000 -55.107
202012 -52.009 191.100 -67.794
202103 0.000 195.200 0.000
202106 -48.655 199.100 -60.874
202109 0.000 201.300 0.000
202112 0.000 207.200 0.000
202203 0.000 227.800 0.000
202206 106.223 230.800 114.645
202209 107.523 228.800 117.063
202212 130.374 231.900 140.044
202303 154.488 235.800 163.202
202306 178.293 238.300 186.373
202309 441.171 242.600 452.991
202312 305.315 249.100 305.315

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 6.46 mean?
PJSC TNS Energo Kuban (MIC:KBSB) has a Cyclically Adjusted PB Ratio of 6.46 as of Aug. 03, 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 PJSC TNS Energo Kuban and its competitors.
Is PJSC TNS Energo Kuban's Cyclically Adjusted PB Ratio too high?
PJSC TNS Energo Kuban's current Cyclically Adjusted PB Ratio is 6.46. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. PJSC TNS Energo Kuban's value of 6.46 is 326.4% above this industry median. Overall, PJSC TNS Energo Kuban has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does PJSC TNS Energo Kuban's Cyclically Adjusted PB Ratio compare to NEE and SO?
PJSC TNS Energo Kuban's Cyclically Adjusted PB Ratio of 6.46 can be compared against companies in the Utilities - Regulated industry. The industry median Cyclically Adjusted PB Ratio is 1.52. PJSC TNS Energo Kuban's value of 6.46 is 326.4% above this benchmark. 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 Utilities - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.52, based on 438 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. PJSC TNS Energo Kuban's current Cyclically Adjusted PB Ratio of 6.46 is 326.4% above 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 PJSC TNS Energo Kuban and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJSC TNS Energo Kuban's current Cyclically Adjusted PB Ratio is 6.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJSC TNS Energo Kuban stock overvalued right now?
PJSC TNS Energo Kuban (MIC:KBSB) has a current Cyclically Adjusted PB Ratio of 6.46. The current Cyclically Adjusted PB Ratio is 6.46 and 326.4% above the Utilities - Regulated industry median of 1.52. PJSC TNS Energo Kuban's overall GF Score™ is 17/100. 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 PJSC TNS Energo Kuban (MIC:KBSB), the current Cyclically Adjusted PB Ratio is 6.46 as of Aug. 03, 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.

PJSC TNS Energo Kuban Business Description

Address Gimnazicheskaya street, building 55/1, Moscow, RUS, 127006
PJSC TNS Energo Kuban is engaged in the purchase and sale of electricity in wholesale and retail markets.
17GF Score

Get the complete analysis for MIC:KBSB

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

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