Redeiaoracion (FRA:RE21) PB Ratio : 1.57 (As of Apr. 25, 2024)

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What is Redeiaoracion PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-25), Redeiaoracion's share price is €15.93. Redeiaoracion's Book Value per Share for the quarter that ended in Sep. 2023 was €10.13. Hence, Redeiaoracion's PB Ratio of today is 1.57.

Good Sign:

Redeia Corporacion SA stock PB Ratio (=1.57) is close to 10-year low of 1.42

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

FRA:RE21' s PB Ratio Range Over the Past 10 Years
Min: 1.42 Med: 2.92 Max: 4.3
Current: 1.57

During the past 13 years, Redeiaoracion's highest PB Ratio was 4.30. The lowest was 1.42. And the median was 2.92.

FRA:RE21's PB Ratio is ranked worse than
56.64% of 512 companies
in the Utilities - Regulated industry
Industry Median: 1.395 vs FRA:RE21: 1.57

During the past 12 months, Redeiaoracion's average Book Value Per Share Growth Rate was 12.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Redeiaoracion was 11.70% per year. The lowest was 2.60% per year. And the median was 10.60% per year.

Back to Basics: PB Ratio

Redeiaoracion PB Ratio Historical Data

The historical data trend for Redeiaoracion's 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 PB Ratio Chart

Redeiaoracion Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

PB Ratio

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3.12

2.76

2.66

2.81

1.86

Redeiaoracion Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
PB Ratio	Get a 7-Day Free Trial															1.82	1.86	1.59	1.57	1.48

Competitive Comparison of Redeiaoracion's PB Ratio

For the Utilities - Regulated Electric subindustry, Redeiaoracion's PB Ratio, along with its competitors' market caps and 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 PB Ratio Distribution in the Utilities - Regulated Industry

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

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

Redeiaoracion PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Redeiaoracion's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	15.93	/	10.125
	=	1.57

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Redeiaoracion (FRA:RE21) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Redeiaoracion PB Ratio Related Terms

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Redeiaoracion (FRA:RE21) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Redeia Corporacion SA (FRA:RE21) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

RDEIY:USA RDEIF:USA 1REE:Italy REDe:UK 0RI5:UK RED:Spain RE21:Germany

Address

Paseo del Conde de los Gaitanes, 177, Alcobendas, Madrid, ESP, 28109

Website

https://www.ree.es

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 (FRA:RE21) Headlines

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