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Rosseti Kuban PJSC (MIC:KUBE) Cyclically Adjusted PB Ratio : 2.40 (As of Jun. 14, 2024)


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What is Rosseti Kuban PJSC Cyclically Adjusted PB Ratio?

As of today (2024-06-14), Rosseti Kuban PJSC's current share price is ₽328.20. Rosseti Kuban PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was ₽136.63. Rosseti Kuban PJSC's Cyclically Adjusted PB Ratio for today is 2.40.

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

MIC:KUBE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.51   Max: 3.27
Current: 2.34

During the past 13 years, Rosseti Kuban PJSC's highest Cyclically Adjusted PB Ratio was 3.27. The lowest was 0.23. And the median was 0.51.

MIC:KUBE's Cyclically Adjusted PB Ratio is ranked worse than
73.03% of 456 companies
in the Utilities - Regulated industry
Industry Median: 1.39 vs MIC:KUBE: 2.34

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.

Rosseti Kuban PJSC's adjusted book value per share data of for the fiscal year that ended in Dec23 was ₽149.029. 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 ₽136.63 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rosseti Kuban PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rosseti Kuban PJSC'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.

Rosseti Kuban PJSC Cyclically Adjusted PB Ratio Chart

Rosseti Kuban PJSC 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 0.48 0.55 0.53 0.42 1.98

Rosseti Kuban PJSC Quarterly Data
Mar18 Jun18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 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 - 0.42 - - 1.98

Competitive Comparison of Rosseti Kuban PJSC's Cyclically Adjusted PB Ratio

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


Rosseti Kuban PJSC's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



Rosseti Kuban PJSC 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=328.20/136.63
=2.40

* 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.

Rosseti Kuban PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Rosseti Kuban PJSC's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=149.029/244.6000*244.6000
=149.029

Current CPI (Dec23) = 244.6000.

Rosseti Kuban PJSC Annual Data

Book Value per Share CPI Adj_Book
201412 78.147 139.000 137.516
201512 86.587 157.000 134.899
201612 99.747 165.400 147.510
201712 100.422 169.600 144.830
201812 95.222 176.800 131.738
201912 114.100 182.200 153.177
202012 98.038 191.100 125.485
202112 105.919 207.200 125.038
202212 111.011 231.900 117.091
202312 149.029 244.600 149.029

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.


Rosseti Kuban PJSC  (MIC:KUBE) 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.


Rosseti Kuban PJSC Cyclically Adjusted PB Ratio Related Terms

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


Rosseti Kuban PJSC (MIC:KUBE) Business Description

Traded in Other Exchanges
N/A
Address
4, Belovezhskaya Street, Moscow, RUS, 121353
Rosseti Kuban PJSC is active in the utilities market in Russia. It is the largest electric grid company in the territory of the Krasnodar and the Republic of Adygea, carrying out transmission and distribution of electric power. The main objective of the company is to provide reliable and stable energy supply to all consumers of the Krasnodar Territory and the Republic of Adygea, as well as the growing needs of the regional economies for electricity.

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