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Rosseti Ural PJSC (MIC:MRKU) Cyclically Adjusted PB Ratio : 0.85 (As of Jun. 08, 2024)


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What is Rosseti Ural PJSC Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Rosseti Ural PJSC's current share price is ₽0.6456. Rosseti Ural PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was ₽0.76. Rosseti Ural PJSC's Cyclically Adjusted PB Ratio for today is 0.85.

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

MIC:MRKU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.53   Max: 0.96
Current: 0.87

During the past years, Rosseti Ural PJSC's highest Cyclically Adjusted PB Ratio was 0.96. The lowest was 0.23. And the median was 0.53.

MIC:MRKU's Cyclically Adjusted PB Ratio is ranked better than
71.05% of 456 companies
in the Utilities - Regulated industry
Industry Median: 1.4 vs MIC:MRKU: 0.87

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 Ural PJSC's adjusted book value per share data for the three months ended in Sep. 2023 was ₽0.745. 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 ₽0.76 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rosseti Ural PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rosseti Ural 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 Ural PJSC Cyclically Adjusted PB Ratio Chart

Rosseti Ural PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.26

Rosseti Ural PJSC Quarterly Data
Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - 0.26 0.26 0.40 0.59

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

For the Utilities - Regulated Electric subindustry, Rosseti Ural 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 Ural PJSC's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

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

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.6456/0.76
=0.85

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

For example, Rosseti Ural 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)
=0.745/242.6000*242.6000
=0.745

Current CPI (Sep. 2023) = 242.6000.

Rosseti Ural PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201006 0.000 99.523 0.000
201012 0.443 103.714 1.036
201106 0.473 108.900 1.054
201109 0.000 108.600 0.000
201112 0.469 110.000 1.034
201206 0.475 113.600 1.014
201209 0.361 115.700 0.757
201212 0.467 117.300 0.966
201306 0.464 121.400 0.927
201312 0.448 124.900 0.870
201406 0.456 130.900 0.845
201412 0.453 139.000 0.791
201506 0.000 150.900 0.000
201512 0.465 157.000 0.719
201606 0.459 162.200 0.687
201612 0.471 165.400 0.691
201706 0.499 169.200 0.715
201709 0.000 168.200 0.000
201712 0.514 169.600 0.735
201806 0.489 173.100 0.685
201809 0.513 173.900 0.716
201812 0.510 176.800 0.700
201906 0.526 181.200 0.704
201909 0.537 180.800 0.721
201912 0.536 182.200 0.714
202003 0.000 184.500 0.000
202006 0.536 187.000 0.695
202009 0.000 187.400 0.000
202012 0.539 191.100 0.684
202103 0.558 195.200 0.693
202106 0.589 199.100 0.718
202109 0.607 201.300 0.732
202112 0.594 207.200 0.695
202203 0.618 227.800 0.658
202206 0.594 230.800 0.624
202209 0.599 228.800 0.635
202212 0.586 231.900 0.613
202303 0.649 235.800 0.668
202306 0.702 238.300 0.715
202309 0.745 242.600 0.745

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 Ural PJSC  (MIC:MRKU) 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 Ural PJSC Cyclically Adjusted PB Ratio Related Terms

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


Rosseti Ural PJSC (MIC:MRKU) Business Description

Traded in Other Exchanges
N/A
Address
140, Mamina-Sibiryaka Street, Ekaterinburg, RUS, 620026
Rosseti Ural PJSC is an electric grid company based in Russia. The principal business activities comprise transmission and distribution of electric energy, testing of power equipment, and safety control. In addition, the company is involved in the maintenance, diagnostics, and repair of power lines, measurement and metering devices, relay, and stability control schemes.

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