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NRG Energy (STU:NRA) Cyclically Adjusted PB Ratio : 6.43 (As of Jun. 24, 2024)


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What is NRG Energy Cyclically Adjusted PB Ratio?

As of today (2024-06-24), NRG Energy's current share price is €74.54. NRG Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.60. NRG Energy's Cyclically Adjusted PB Ratio for today is 6.43.

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

STU:NRA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.5   Max: 6.8
Current: 6.33

During the past years, NRG Energy's highest Cyclically Adjusted PB Ratio was 6.80. The lowest was 0.32. And the median was 1.50.

STU:NRA's Cyclically Adjusted PB Ratio is ranked worse than
93.43% of 274 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.21 vs STU:NRA: 6.33

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.

NRG Energy's adjusted book value per share data for the three months ended in Mar. 2024 was €11.699. 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 €11.60 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NRG Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NRG Energy'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.

NRG Energy Cyclically Adjusted PB Ratio Chart

NRG Energy 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 1.92 2.10 2.64 2.07 3.96

NRG Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.30 2.60 2.79 3.96 5.35

Competitive Comparison of NRG Energy's Cyclically Adjusted PB Ratio

For the Utilities - Independent Power Producers subindustry, NRG Energy'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.


NRG Energy's Cyclically Adjusted PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, NRG Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



NRG Energy 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.

NRG Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=74.54/11.6
=6.43

* 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.

NRG Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=11.699/131.7762*131.7762
=11.699

Current CPI (Mar. 2024) = 131.7762.

NRG Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.410 100.560 28.056
201409 22.817 100.428 29.939
201412 23.516 99.070 31.279
201503 26.297 99.621 34.785
201506 25.285 100.684 33.093
201509 25.710 100.392 33.748
201512 7.909 99.792 10.444
201603 7.771 100.470 10.192
201606 7.127 101.688 9.236
201609 8.592 101.861 11.115
201612 6.134 101.863 7.935
201703 4.807 102.862 6.158
201706 2.874 103.349 3.665
201709 3.135 104.136 3.967
201712 -0.923 104.011 -1.169
201803 -0.345 105.290 -0.432
201806 -1.033 106.317 -1.280
201809 -2.767 106.507 -3.423
201812 -3.824 105.998 -4.754
201903 -5.088 107.251 -6.252
201906 -5.641 108.070 -6.878
201909 -5.661 108.329 -6.886
201912 5.993 108.420 7.284
202003 5.659 108.902 6.848
202006 6.365 108.767 7.711
202009 6.725 109.815 8.070
202012 5.654 109.897 6.780
202103 5.208 111.754 6.141
202106 8.626 114.631 9.916
202109 14.161 115.734 16.124
202112 13.071 117.630 14.643
202203 19.093 121.301 20.742
202206 21.322 125.017 22.475
202209 22.321 125.227 23.488
202212 15.741 125.222 16.565
202303 9.870 127.348 10.213
202306 10.743 128.729 10.997
202309 11.718 129.860 11.891
202312 9.940 129.419 10.121
202403 11.699 131.776 11.699

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.


NRG Energy  (STU:NRA) 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.


NRG Energy Cyclically Adjusted PB Ratio Related Terms

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


NRG Energy (STU:NRA) Business Description

Traded in Other Exchanges
Address
910 Louisiana Street, Houston, TX, USA, 77002
NRG Energy is one of the largest retail energy providers in the U.S., with 5.5 million customers. Its 2023 acquisition of Vivint Smart Home adds 1.9 million home services customers. NRG also is one of the largest U.S. independent power producers, with 13 gigawatts of coal, gas, and oil power generation capacity primarily in Texas. NRG exited Chapter 11 bankruptcy as a stand-alone entity in December 2003.

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