RWE AG (XPRA:RWE) Cyclically Adjusted PB Ratio: (As of Aug. 14, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XPRA:RWE RWE AG XPRA:RWE
66 GF Score
Price Kč1,430.00
GF Value Kč567.99
Valuation Significantly Overvalued
! 10 Warning Signs
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What is RWE AG Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


RWE AG  (XPRA:RWE) 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
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.32 1.37 1.59 1.93 0.00

XPRA:RWE 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.


XPRA:RWE
66GF Score
RWE AG XPRA:RWE
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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1348.373/131.3638*131.3638
=1,348.373

Current CPI (Jun. 2026) = 131.3638.

RWE AG Quarterly Data

Book Value per Share CPI Adj_Book
201609 221.456 101.017 287.985
201612 158.278 101.217 205.420
201703 203.511 101.417 263.605
201706 285.028 102.117 366.661
201709 304.154 102.717 388.979
201712 338.534 102.617 433.369
201803 380.052 102.917 485.099
201806 347.944 104.017 439.420
201809 461.227 104.718 578.590
201812 402.081 104.217 506.814
201903 311.311 104.217 392.401
201906 316.407 105.718 393.165
201909 655.911 106.018 812.722
201912 689.485 105.818 855.939
202003 723.702 105.718 899.266
202006 698.000 106.618 860.006
202009 705.430 105.818 875.733
202012 658.253 105.518 819.490
202103 750.051 107.518 916.401
202106 729.430 108.486 883.256
202109 556.750 109.435 668.314
202112 569.370 110.384 677.589
202203 352.496 113.968 406.300
202206 284.294 115.760 322.614
202209 -54.097 118.818 -59.809
202212 989.976 119.345 1,089.674
202303 1,021.764 122.402 1,096.570
202306 1,033.269 123.140 1,102.271
202309 1,113.540 124.195 1,177.820
202312 1,053.956 123.773 1,118.594
202403 1,093.083 125.038 1,148.382
202406 1,075.734 125.882 1,122.584
202409 1,124.334 126.198 1,170.359
202412 1,072.806 127.041 1,109.308
202503 1,131.944 127.779 1,163.699
202506 1,130.979 128.412 1,156.979
202509 1,160.771 129.255 1,179.707
202512 1,168.594 129.361 1,186.690
202603 1,208.538 131.258 1,209.509
202606 1,348.373 131.364 1,348.373

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.

Is RWE AG (XPRA:RWE) Overvalued in 2026?

Based on GuruFocus' analysis, RWE AG stock appears to be overvalued. The current stock price of Kč1,430.00 is trading 151.8% above its estimated GF Value™ of Kč567.99. GuruFocus considers RWE AG to be Significantly Overvalued.

Key valuation signals for XPRA:RWE:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: Kč567.99 vs. price of Kč1,430.00 (151.8% above fair value)
  • GF Score™: 66/100 with 10 warning signs

No single metric tells the full story. See the XPRA:RWE 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.
66GF Score

Get the complete analysis for XPRA:RWE

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

Kč1,430.00
Price
Kč567.99
GF Value