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Saratovenergo PJSC (MIC:SARE) Cyclically Adjusted PB Ratio : 12.52 (As of May. 21, 2024)


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What is Saratovenergo PJSC Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Saratovenergo PJSC's current share price is ₽0.626. Saratovenergo PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₽0.05. Saratovenergo PJSC's Cyclically Adjusted PB Ratio for today is 12.52.

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

MIC:SARE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 2.34   Max: 12.32
Current: 12.32

During the past years, Saratovenergo PJSC's highest Cyclically Adjusted PB Ratio was 12.32. The lowest was 1.41. And the median was 2.34.

MIC:SARE's Cyclically Adjusted PB Ratio is ranked worse than
97.32% of 448 companies
in the Utilities - Regulated industry
Industry Median: 1.435 vs MIC:SARE: 12.32

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.

Saratovenergo PJSC's adjusted book value per share data for the three months ended in Sep. 2023 was ₽0.077. 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 ₽0.05 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Saratovenergo PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Saratovenergo 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.

Saratovenergo PJSC Cyclically Adjusted PB Ratio Chart

Saratovenergo PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 2.08 2.32

Saratovenergo PJSC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Sep22 Sep23
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 2.37 2.61 2.32 - 16.85

Competitive Comparison of Saratovenergo PJSC's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Saratovenergo 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.


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

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

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



Saratovenergo 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.626/0.05
=12.52

* 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.

Saratovenergo PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Saratovenergo PJSC's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=0.077/242.6000*242.6000
=0.077

Current CPI (Sep. 2023) = 242.6000.

Saratovenergo PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.000 113.600 0.000
201209 0.069 115.700 0.145
201212 0.028 117.300 0.058
201303 0.028 119.500 0.057
201306 0.029 121.400 0.058
201309 0.028 122.800 0.055
201312 0.028 124.900 0.054
201403 0.024 127.800 0.046
201406 0.033 130.900 0.061
201409 0.027 132.700 0.049
201412 0.029 139.000 0.051
201503 0.030 149.400 0.049
201506 0.030 150.900 0.048
201509 0.030 153.500 0.047
201512 0.032 157.000 0.049
201603 0.034 160.200 0.051
201606 0.029 162.200 0.043
201609 0.035 163.300 0.052
201612 0.033 165.400 0.048
201703 0.033 167.000 0.048
201706 0.035 169.200 0.050
201709 0.035 168.200 0.050
201712 0.035 169.600 0.050
201803 0.035 171.000 0.050
201806 0.041 173.100 0.057
201809 0.041 173.900 0.057
201812 0.033 176.800 0.045
201903 0.037 179.900 0.050
201906 0.038 181.200 0.051
201909 0.038 180.800 0.051
201912 0.034 182.200 0.045
202003 0.035 184.500 0.046
202006 0.034 187.000 0.044
202009 0.034 187.400 0.044
202012 0.035 191.100 0.044
202103 0.031 195.200 0.039
202109 0.037 201.300 0.045
202112 0.038 207.200 0.044
202209 0.000 228.800 0.000
202309 0.077 242.600 0.077

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.


Saratovenergo PJSC  (MIC:SARE) 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.


Saratovenergo PJSC Cyclically Adjusted PB Ratio Related Terms

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


Saratovenergo PJSC (MIC:SARE) Business Description

Traded in Other Exchanges
N/A
Address
Street them. Rakhova V.G., d. 181, Saratov, RUS, 410005
Saratovenergo PJSC is engaged in the production, transmission, distribution, and sale of electricity and thermal energy and related products.

Saratovenergo PJSC (MIC:SARE) Headlines

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