TNS energo Nizhny Novgorod PJSC (MIC:NNSB) Cyclically Adjusted PB Ratio: 19.01 (As of Jul. 29, 2026)

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MIC:NNSB TNS energo Nizhny Novgorod PJSC MIC:NNSB
17 GF Score
Price ₽3,500.00
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What is TNS energo Nizhny Novgorod PJSC Cyclically Adjusted PB Ratio?

TNS energo Nizhny Novgorod PJSC MIC:NNSB -0.85% 17 Cyclically Adjusted PB Ratio is 19.01 as of Jul. 29, 2026. GuruFocus rates MIC:NNSB with a GF Score™ of 17/100.

As of today (2026-07-29), TNS energo Nizhny Novgorod PJSC's current share price is ₽3500.00. TNS energo Nizhny Novgorod PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₽184.11. TNS energo Nizhny Novgorod PJSC's Cyclically Adjusted PB Ratio for today is 19.01.

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

MIC:NNSB's Cyclically Adjusted PB Ratio is not ranked *
in the Utilities - Regulated industry.
Industry Median: 1.53
* 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.

TNS energo Nizhny Novgorod PJSC's adjusted book value per share data for the three months ended in Dec. 2023 was ₽11.956. 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 ₽184.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TNS energo Nizhny Novgorod PJSC  (MIC:NNSB) 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.


TNS energo Nizhny Novgorod PJSC Cyclically Adjusted PB Ratio Related Terms


TNS energo Nizhny Novgorod PJSC Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for TNS energo Nizhny Novgorod 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.

TNS energo Nizhny Novgorod PJSC Cyclically Adjusted PB Ratio Chart

TNS energo Nizhny Novgorod 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 0.00 14.13 13.05 10.08 24.93

TNS energo Nizhny Novgorod PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 10.08 14.27 18.51 36.20 24.93

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

For the Utilities - Regulated Electric subindustry, TNS energo Nizhny Novgorod 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.


TNS energo Nizhny Novgorod PJSC Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

* The bar in red indicates where TNS energo Nizhny Novgorod PJSC's Cyclically Adjusted PB Ratio falls into.


MIC:NNSB
17GF Score
TNS energo Nizhny Novgorod PJSC MIC:NNSB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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TNS energo Nizhny Novgorod 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.

TNS energo Nizhny Novgorod PJSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3500.00/184.11
=19.01

* 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.

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

For example, TNS energo Nizhny Novgorod PJSC'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)
=11.956/249.1000*249.1000
=11.956

Current CPI (Dec. 2023) = 249.1000.

TNS energo Nizhny Novgorod PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201403 117.757 127.800 229.525
201406 100.446 130.900 191.147
201409 79.104 132.700 148.491
201412 171.665 139.000 307.639
201503 215.594 149.400 359.468
201506 181.475 150.900 299.572
201509 200.579 153.500 325.500
201512 259.999 157.000 412.521
201603 345.658 160.200 537.474
201606 262.157 162.200 402.610
201609 176.608 163.300 269.400
201612 180.081 165.400 271.210
201703 187.517 167.000 279.704
201706 192.828 169.200 283.886
201709 182.370 168.200 270.085
201712 204.710 169.600 300.668
201803 168.012 171.000 244.747
201806 212.087 173.100 305.204
201809 187.308 173.900 268.306
201812 0.571 176.800 0.805
201903 6.821 179.900 9.445
201906 10.727 181.200 14.747
201909 11.959 180.800 16.477
201912 30.491 182.200 41.687
202003 30.738 184.500 41.500
202006 32.649 187.000 43.491
202009 32.387 187.400 43.050
202012 35.431 191.100 46.185
202103 89.687 195.200 114.452
202106 64.418 199.100 80.595
202109 64.793 201.300 80.179
202112 42.515 207.200 51.112
202203 54.457 227.800 59.549
202206 60.825 230.800 65.648
202209 21.984 228.800 23.935
202212 53.138 231.900 57.079
202303 57.942 235.800 61.210
202306 85.421 238.300 89.292
202309 747.155 242.600 767.174
202312 11.956 249.100 11.956

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 19.01 mean?
TNS energo Nizhny Novgorod PJSC (MIC:NNSB) has a Cyclically Adjusted PB Ratio of 19.01 as of Jul. 29, 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 TNS energo Nizhny Novgorod PJSC and its competitors.
Is TNS energo Nizhny Novgorod PJSC's Cyclically Adjusted PB Ratio too high?
TNS energo Nizhny Novgorod PJSC's current Cyclically Adjusted PB Ratio is 19.01. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. TNS energo Nizhny Novgorod PJSC's value of 19.01 is 1142.5% above this industry median. Overall, TNS energo Nizhny Novgorod PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does TNS energo Nizhny Novgorod PJSC's Cyclically Adjusted PB Ratio compare to NEE and SO?
TNS energo Nizhny Novgorod PJSC's Cyclically Adjusted PB Ratio of 19.01 can be compared against companies in the Utilities - Regulated industry. The industry median Cyclically Adjusted PB Ratio is 1.53. TNS energo Nizhny Novgorod PJSC's value of 19.01 is 1142.5% 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 1.53, based on 439 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. TNS energo Nizhny Novgorod PJSC's current Cyclically Adjusted PB Ratio of 19.01 is 1142.5% 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 TNS energo Nizhny Novgorod PJSC and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TNS energo Nizhny Novgorod PJSC's current Cyclically Adjusted PB Ratio is 19.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TNS energo Nizhny Novgorod PJSC stock overvalued right now?
TNS energo Nizhny Novgorod PJSC (MIC:NNSB) has a current Cyclically Adjusted PB Ratio of 19.01. The current Cyclically Adjusted PB Ratio is 19.01 and 1142.5% above the Utilities - Regulated industry median of 1.53. TNS energo Nizhny Novgorod PJSC'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 TNS energo Nizhny Novgorod PJSC (MIC:NNSB), the current Cyclically Adjusted PB Ratio is 19.01 as of Jul. 29, 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.

TNS energo Nizhny Novgorod PJSC Business Description

Address Beketova street, Building 3B, Nizhny Novgorod, RUS, 603950
TNS energo Nizhny Novgorod PJSC is engaged in supplying electrical energy in the Nizhny Novgorod region.
17GF Score

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

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