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RDEIF (Redeiaoracion) Cyclically Adjusted PB Ratio : 1.98 (As of Dec. 13, 2024)


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What is Redeiaoracion Cyclically Adjusted PB Ratio?

As of today (2024-12-13), Redeiaoracion's current share price is $16.86. Redeiaoracion's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $8.52. Redeiaoracion's Cyclically Adjusted PB Ratio for today is 1.98.

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

RDEIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.99   Med: 3.2   Max: 4.84
Current: 2.17

During the past years, Redeiaoracion's highest Cyclically Adjusted PB Ratio was 4.84. The lowest was 1.99. And the median was 3.20.

RDEIF's Cyclically Adjusted PB Ratio is ranked worse than
67.71% of 415 companies
in the Utilities - Regulated industry
Industry Median: 1.57 vs RDEIF: 2.17

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.

Redeiaoracion's adjusted book value per share data for the three months ended in Jun. 2024 was $10.445. 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 $8.52 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Redeiaoracion Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Redeiaoracion'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.

Redeiaoracion Cyclically Adjusted PB Ratio Chart

Redeiaoracion 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 3.75 3.29 3.32 2.51 2.07

Redeiaoracion Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.23 2.10 2.07 2.13 2.14

Competitive Comparison of Redeiaoracion's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Redeiaoracion'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.


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

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

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



Redeiaoracion 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.

Redeiaoracion's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.86/8.52
=1.98

* 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.

Redeiaoracion's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Redeiaoracion's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=10.445/124.4086*124.4086
=10.445

Current CPI (Jun. 2024) = 124.4086.

Redeiaoracion Quarterly Data

Book Value per Share CPI Adj_Book
201409 5.617 100.441 6.957
201412 5.771 100.251 7.162
201503 5.412 99.474 6.769
201506 5.307 101.138 6.528
201509 5.599 99.559 6.997
201512 5.545 100.268 6.880
201603 5.997 98.638 7.564
201606 5.671 100.333 7.032
201609 5.942 99.737 7.412
201612 5.680 101.842 6.939
201703 5.419 100.896 6.682
201706 6.075 101.848 7.421
201709 6.765 101.524 8.290
201712 6.786 102.975 8.198
201803 6.722 102.122 8.189
201806 6.756 104.165 8.069
201809 7.123 103.818 8.536
201812 7.081 104.193 8.455
201903 6.608 103.488 7.944
201906 6.918 104.612 8.227
201909 7.029 103.905 8.416
201912 7.240 105.015 8.577
202003 7.653 103.469 9.202
202006 6.961 104.254 8.307
202009 7.591 103.521 9.123
202012 7.754 104.456 9.235
202103 7.997 104.857 9.488
202106 7.681 107.102 8.922
202109 7.940 107.669 9.174
202112 7.608 111.298 8.504
202203 7.940 115.153 8.578
202206 9.098 118.044 9.589
202209 8.910 117.221 9.456
202212 9.403 117.650 9.943
202303 10.867 118.948 11.366
202306 10.564 120.278 10.927
202309 10.806 121.343 11.079
202312 10.923 121.300 11.203
202403 11.161 122.762 11.311
202406 10.445 124.409 10.445

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.


Redeiaoracion  (OTCPK:RDEIF) 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.


Redeiaoracion Cyclically Adjusted PB Ratio Related Terms

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


Redeiaoracion Business Description

Address
Paseo del Conde de los Gaitanes, 177, Alcobendas, Madrid, ESP, 28109
Redeia owns and operates the Spanish electric transmission system. The company has acquired almost all of the nation's power grid, which other owners were forced to sell to it by government decree. Its activities are regulated by the National Energy Commission, which answers to the Spanish legislature. Redeia also operates a small fibre-optics network in Spain and has a growing Latin American infrastructure business. The group significantly increased its exposure to telecommunications by acquiring Spanish communications satellite operator Hispasat from Abertis in 2019.

Redeiaoracion Headlines