RWEOY (RWE AG) Cyclically Adjusted PB Ratio: 1.93 (As of Jul. 23, 2026) — 31% Above Median

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RWEOY RWE AG RWEOY
67 GF Score
Price $67.20
GF Value $25.91
Valuation Significantly Overvalued
! 10 Warning Signs
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What is RWE AG Cyclically Adjusted PB Ratio?

RWE AG RWEOY -0.36% 67 Cyclically Adjusted PB Ratio is 1.93 as of Jul. 23, 2026, which is 31% above its 10-year median of 1.47. GuruFocus rates RWEOY with a GF Score™ of 67/100 and a GF Value™ of $25.91 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 440 Utilities - Regulated companies, RWE AG ranks worse than 61.82% on this metric.

As of today (2026-07-23), RWE AG's current share price is $67.20. RWE AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $34.79. RWE AG's Cyclically Adjusted PB Ratio for today is 1.93.

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

RWEOY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.47   Max: 2.14
Current: 1.88

During the past years, RWE AG's highest Cyclically Adjusted PB Ratio was 2.14. The lowest was 0.72. And the median was 1.47.

RWEOY's Cyclically Adjusted PB Ratio is ranked worse than
61.82% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.535 vs RWEOY: 1.88

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.

RWE AG's adjusted book value per share data for the three months ended in Mar. 2026 was $57.165. 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 $34.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


RWE AG  (OTCPK:RWEOY) 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.


RWE AG Cyclically Adjusted PB Ratio Related Terms


RWE AG Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for RWE AG'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.

RWE AG Cyclically Adjusted PB Ratio Chart

RWE AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 2.06 1.82 1.13 1.59

RWE AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.26 1.32 1.37 1.59 1.93

RWEOY vs SRE, AES: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Diversified subindustry, RWE AG'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.


RWE AG Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


RWEOY
67GF Score
RWE AG RWEOY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RWE AG 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.

RWE AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=67.20/34.79
=1.93

* 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.

RWE AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, RWE AG's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=57.165/131.2583*131.2583
=57.165

Current CPI (Mar. 2026) = 131.2583.

RWE AG Quarterly Data

Book Value per Share CPI Adj_Book
201606 11.310 100.717 14.740
201609 9.189 101.017 11.940
201612 6.170 101.217 8.001
201703 8.046 101.417 10.413
201706 12.186 102.117 15.664
201709 13.898 102.717 17.760
201712 15.620 102.617 19.980
201803 18.435 102.917 23.512
201806 15.763 104.017 19.891
201809 21.005 104.718 26.329
201812 17.721 104.217 22.319
201903 13.705 104.217 17.261
201906 13.958 105.718 17.330
201909 27.903 106.018 34.546
201912 30.032 105.818 37.252
202003 30.100 105.718 37.372
202006 29.443 106.618 36.248
202009 31.104 105.818 38.582
202012 30.433 105.518 37.857
202103 34.090 107.518 41.617
202106 34.519 108.486 41.765
202109 25.811 109.435 30.958
202112 25.489 110.384 30.309
202203 15.529 113.968 17.885
202206 12.149 115.760 13.775
202209 -2.180 118.818 -2.408
202212 43.199 119.345 47.511
202303 46.185 122.402 49.527
202306 47.267 123.140 50.383
202309 48.772 124.195 51.546
202312 46.962 123.773 49.802
202403 46.977 125.038 49.314
202406 46.706 125.882 48.701
202409 49.753 126.198 51.748
202412 44.679 127.041 46.162
202503 48.923 127.779 50.255
202506 52.507 128.412 53.671
202509 55.933 129.255 56.800
202512 56.419 129.361 57.247
202603 57.165 131.258 57.165

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 1.93 mean?
RWE AG (RWEOY) has a Cyclically Adjusted PB Ratio of 1.93 as of Jul. 23, 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 RWE AG and its competitors. This is 31% above median its historical median of 1.47. Over the past decade, RWE AG's Cyclically Adjusted PB Ratio has ranged from 0.72 to 2.14. According to the industry distribution chart, RWE AG ranks #272 out of 440 companies in the Utilities - Regulated industry, placing it in the top 61.8%.
Is RWE AG's Cyclically Adjusted PB Ratio too high?
RWE AG's current Cyclically Adjusted PB Ratio of 1.93 is 31% above median its 10-year median of 1.47. Over the past 10 years, this metric has ranged from a low of 0.72 to a high of 2.14. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.54. RWE AG's value of 1.93 is 25.7% above this industry median. Based on the distribution chart, RWE AG ranks #272 out of 440 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, RWE AG has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does RWE AG's Cyclically Adjusted PB Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, RWE AG ranks #272 out of 440 companies for Cyclically Adjusted PB Ratio. This places RWE AG in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. RWE AG's value of 1.93 is 25.7% above this benchmark. Historically, RWE AG's own Cyclically Adjusted PB Ratio has ranged from 0.72 to 2.14 over the past decade. While the company's 10-year median is 1.47 vs. the industry median of 1.54, RWE AG has consistently been above the industry average. 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 1.54, based on 440 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. RWE AG's current Cyclically Adjusted PB Ratio of 1.93 is 25.7% 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 RWE AG and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RWE AG's current Cyclically Adjusted PB Ratio is 1.93, which is 31% above median its own 10-year median of 1.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RWE AG stock overvalued right now?
Based on GuruFocus' analysis, RWE AG (RWEOY) is currently considered Significantly Overvalued. The stock's GF Value™ is $25.91, compared to a current price of $67.20 — trading 159.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.93, which is 31% above median its 10-year median of 1.47 and 25.7% above the Utilities - Regulated industry median of 1.54. RWE AG's overall GF Score™ is 67/100 with 10 warning signs to review. 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 RWE AG (RWEOY), the current Cyclically Adjusted PB Ratio is 1.93 as of Jul. 23, 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.

Is RWE AG (RWEOY) Overvalued in 2026?

Based on GuruFocus' analysis, RWE AG stock appears to be overvalued. The current stock price of $67.20 is trading 159.4% above its estimated GF Value™ of $25.91. GuruFocus considers RWE AG to be Significantly Overvalued.

Key valuation signals for RWEOY:

  • Cyclically Adjusted PB Ratio: 1.93 (31% above median its 10-year median of 1.47)
  • GF Value™: $25.91 vs. price of $67.20 (159.4% above fair value)
  • GF Score™: 67/100 with 10 warning signs
  • Industry Position: 25.7% above the Utilities - Regulated median (#272 of 440)

No single metric tells the full story. See the RWEOY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RWE AG Business Description

Address RWE Platz 1, Essen, NW, DEU, 45141
Since the deal with E.ON, RWE is refocused on power generation. It owns 49 gigawatts of power generation capacity: 17% from lignite and hard coal plants, 32% from gas plants, 51% from renewables including pumped storage and batteries. Besides Germany, RWE's power plants are chiefly located in US, the UK, the Netherlands and Turkey.
67GF Score

Get the complete analysis for RWEOY

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

$67.20
Price
$25.91
GF Value