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Rosseti Lenenergo PJSC (MIC:LSNG) Cyclically Adjusted PB Ratio : 0.52 (As of Jun. 10, 2024)


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What is Rosseti Lenenergo PJSC Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Rosseti Lenenergo PJSC's current share price is ₽20.45. Rosseti Lenenergo PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₽39.09. Rosseti Lenenergo PJSC's Cyclically Adjusted PB Ratio for today is 0.52.

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

MIC:LSNG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.53   Max: 0.71
Current: 0.49

During the past years, Rosseti Lenenergo PJSC's highest Cyclically Adjusted PB Ratio was 0.71. The lowest was 0.21. And the median was 0.53.

MIC:LSNG's Cyclically Adjusted PB Ratio is ranked better than
84.65% of 456 companies
in the Utilities - Regulated industry
Industry Median: 1.395 vs MIC:LSNG: 0.49

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.

Rosseti Lenenergo PJSC's adjusted book value per share data for the three months ended in Sep. 2023 was ₽21.582. 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 ₽39.09 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rosseti Lenenergo PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rosseti Lenenergo PJSC'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.

Rosseti Lenenergo PJSC Cyclically Adjusted PB Ratio Chart

Rosseti Lenenergo PJSC 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 - - - 0.21 -

Rosseti Lenenergo PJSC Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - 0.21 0.37 0.65 -

Competitive Comparison of Rosseti Lenenergo PJSC's Cyclically Adjusted PB Ratio

For the Utilities - Regulated Electric subindustry, Rosseti Lenenergo PJSC'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.


Rosseti Lenenergo PJSC's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rosseti Lenenergo PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Rosseti Lenenergo PJSC's Cyclically Adjusted PB Ratio falls into.



Rosseti Lenenergo PJSC 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.

Rosseti Lenenergo PJSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.45/39.09
=0.52

* 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.

Rosseti Lenenergo PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Rosseti Lenenergo PJSC's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=21.582/242.6000*242.6000
=21.582

Current CPI (Sep. 2023) = 242.6000.

Rosseti Lenenergo PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201006 46.262 99.523 112.769
201012 48.379 103.714 113.165
201106 43.981 108.900 97.978
201112 41.055 110.000 90.545
201206 37.438 113.600 79.951
201212 34.871 117.300 72.120
201306 35.090 121.400 70.122
201312 39.731 124.900 77.172
201406 39.933 130.900 74.009
201412 24.407 139.000 42.598
201506 22.512 150.900 36.192
201512 16.250 157.000 25.110
201603 0.000 160.200 0.000
201606 16.811 162.200 25.144
201612 17.114 165.400 25.102
201703 17.388 167.000 25.259
201706 17.454 169.200 25.026
201709 0.000 168.200 0.000
201712 17.453 169.600 24.965
201803 17.744 171.000 25.174
201806 14.554 173.100 20.397
201809 14.996 173.900 20.920
201812 15.057 176.800 20.661
201903 15.626 179.900 21.072
201906 15.871 181.200 21.249
201909 16.215 180.800 21.758
201912 16.034 182.200 21.349
202003 16.552 184.500 21.764
202006 16.383 187.000 21.254
202009 16.926 187.400 21.912
202012 17.055 191.100 21.651
202103 17.654 195.200 21.941
202106 17.911 199.100 21.824
202109 18.537 201.300 22.340
202112 18.063 207.200 21.149
202206 18.851 230.800 19.815
202209 0.000 228.800 0.000
202212 19.369 231.900 20.263
202306 20.689 238.300 21.062
202309 21.582 242.600 21.582

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.


Rosseti Lenenergo PJSC  (MIC:LSNG) 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.


Rosseti Lenenergo PJSC Cyclically Adjusted PB Ratio Related Terms

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


Rosseti Lenenergo PJSC (MIC:LSNG) Business Description

Traded in Other Exchanges
Address
1, Constitution Square, St Petersburg, RUS, 196247
Rosseti Lenenergo PJSC is a electricity distribution company in Russia. The company provides electricity over 110-0.4-kV networks and access for consumers to the electricity network in the Saint Petersburg and the Leningrad Region. It provides electricity transmission services and other services integral to the process of supplying electricity to consumers; and connects power receivers (power units) of businesses and individuals to the grid.

Rosseti Lenenergo PJSC (MIC:LSNG) Headlines

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