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NRG Energy (BSP:N1RG34) Cyclically Adjusted Book per Share : R$63.20 (As of Mar. 2024)


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What is NRG Energy Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Mar. 2024 was R$63.322. 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 R$63.20 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NRG Energy's average Cyclically Adjusted Book Growth Rate was -15.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -10.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -10.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -7.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of NRG Energy was 20.20% per year. The lowest was -11.80% per year. And the median was -1.30% per year.

As of today (2024-06-04), NRG Energy's current stock price is R$404.13. NRG Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$63.20. NRG Energy's Cyclically Adjusted PB Ratio of today is 6.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NRG Energy was 6.80. The lowest was 0.32. And the median was 1.50.


NRG Energy Cyclically Adjusted Book per Share Historical Data

The historical data trend for NRG Energy's Cyclically Adjusted Book per Share 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 Book per Share Chart

NRG Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 90.05 91.14 79.68 60.28

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 Book per Share 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 74.90 67.17 69.16 60.28 63.20

Competitive Comparison of NRG Energy's Cyclically Adjusted Book per Share

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 Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=63.322/131.7762*131.7762
=63.322

Current CPI (Mar. 2024) = 131.7762.

NRG Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 65.045 100.560 85.237
201409 68.742 100.428 90.200
201412 76.605 99.070 101.895
201503 89.405 99.621 118.263
201506 88.305 100.684 115.575
201509 112.627 100.392 147.837
201512 33.436 99.792 44.152
201603 32.000 100.470 41.971
201606 27.414 101.688 35.525
201609 31.372 101.861 40.586
201612 21.701 101.863 28.074
201703 16.079 102.862 20.599
201706 10.643 103.349 13.570
201709 11.703 104.136 14.809
201712 -3.599 104.011 -4.560
201803 -1.395 105.290 -1.746
201806 -4.549 106.317 -5.638
201809 -13.264 106.507 -16.411
201812 -16.894 105.998 -21.003
201903 -22.079 107.251 -27.128
201906 -24.574 108.070 -29.965
201909 -25.683 108.329 -31.242
201912 27.331 108.420 33.219
202003 30.556 108.902 36.974
202006 37.191 108.767 45.058
202009 42.776 109.815 51.331
202012 35.389 109.897 42.435
202103 34.935 111.754 41.194
202106 52.262 114.631 60.079
202109 87.948 115.734 100.138
202112 83.517 117.630 93.561
202203 104.639 121.301 113.675
202206 113.771 125.017 119.922
202209 115.884 125.227 121.945
202212 87.469 125.222 92.047
202303 55.041 127.348 56.955
202306 56.494 128.729 57.831
202309 61.761 129.860 62.673
202312 53.111 129.419 54.078
202403 63.322 131.776 63.322

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


NRG Energy  (BSP:N1RG34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=404.13/63.2
=6.39

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NRG Energy was 6.80. The lowest was 0.32. And the median was 1.50.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


NRG Energy Cyclically Adjusted Book per Share Related Terms

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


NRG Energy (BSP:N1RG34) 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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