GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » REN-Redes Energeticas Nacionais Sgps SA (XLIS:RENE) » Definitions » Cyclically Adjusted PB Ratio

REN-Redes Energeticas Nacionais Sgps (XLIS:RENE) Cyclically Adjusted PB Ratio : (As of Jun. 03, 2025)


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What is REN-Redes Energeticas Nacionais Sgps Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


REN-Redes Energeticas Nacionais Sgps Cyclically Adjusted PB Ratio Historical Data

The historical data trend for REN-Redes Energeticas Nacionais Sgps'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.

REN-Redes Energeticas Nacionais Sgps Cyclically Adjusted PB Ratio Chart

REN-Redes Energeticas Nacionais Sgps Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 1.20 1.08 0.98 0.94

REN-Redes Energeticas Nacionais Sgps Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 0.94 0.99 0.94 -

Competitive Comparison of REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, REN-Redes Energeticas Nacionais Sgps'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.


REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted PB Ratio falls into.


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REN-Redes Energeticas Nacionais Sgps 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.

REN-Redes Energeticas Nacionais Sgps's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, REN-Redes Energeticas Nacionais Sgps's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.361/122.6242*122.6242
=2.361

Current CPI (Mar. 2025) = 122.6242.

REN-Redes Energeticas Nacionais Sgps Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.993 100.769 2.425
201509 2.020 100.489 2.465
201512 2.066 100.119 2.530
201603 2.055 100.547 2.506
201606 1.960 101.319 2.372
201609 2.005 101.122 2.431
201612 2.062 100.998 2.504
201703 2.092 101.924 2.517
201706 1.985 102.240 2.381
201709 2.038 102.527 2.437
201712 2.155 102.479 2.579
201803 2.172 102.626 2.595
201806 2.076 103.790 2.453
201809 2.142 103.960 2.527
201812 2.207 103.159 2.623
201903 2.220 103.495 2.630
201906 2.094 104.192 2.464
201909 2.153 103.844 2.542
201912 2.180 103.592 2.581
202003 2.169 103.544 2.569
202006 2.055 104.323 2.416
202009 2.086 103.699 2.467
202012 2.122 103.354 2.518
202103 2.138 104.014 2.521
202106 2.016 104.852 2.358
202109 2.062 105.232 2.403
202112 2.125 106.191 2.454
202203 2.202 109.559 2.465
202206 2.134 114.003 2.295
202209 2.227 114.999 2.375
202212 2.288 116.377 2.411
202303 2.310 117.701 2.407
202306 2.220 117.872 2.309
202309 2.250 119.111 2.316
202312 2.280 118.032 2.369
202403 0.000 120.396 0.000
202406 2.194 121.165 2.220
202409 2.231 121.574 2.250
202412 2.340 121.585 2.360
202503 2.361 122.624 2.361

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.


REN-Redes Energeticas Nacionais Sgps  (XLIS:RENE) 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.


REN-Redes Energeticas Nacionais Sgps Cyclically Adjusted PB Ratio Related Terms

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REN-Redes Energeticas Nacionais Sgps Business Description

Traded in Other Exchanges
Address
Avenida Estados Unidos da America, 55, Lisbon, PRT, 1749-061
REN-Redes Energeticas Nacionais Sgps SA is an energy and utilities company designed for the transmission and distributing electricity and natural gas. The company offers services that manage national energy transmission and distribution systems that include the national electric transmission grid (RNT), the national natural gas transportation grid (RNTGN) and the portgás distribution grid, enabling the creation of an Iberian electricity market that will develop the hydrogen corridor in Europe, together with other European TSOs (Enagas, GRTgaz, Terega and OGE).

REN-Redes Energeticas Nacionais Sgps Headlines

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