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Rosseti Moscow Region PJSC (MIC:MSRS) Cyclically Adjusted Book per Share : ₽5.02 (As of Dec. 2023)


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What is Rosseti Moscow Region PJSC 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.

Rosseti Moscow Region PJSC's adjusted book value per share for the three months ended in Dec. 2023 was ₽4.440. 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 ₽5.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Rosseti Moscow Region PJSC's average Cyclically Adjusted Book Growth Rate was 3.70% 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.

As of today (2024-05-26), Rosseti Moscow Region PJSC's current stock price is ₽1.355. Rosseti Moscow Region PJSC's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₽5.02. Rosseti Moscow Region PJSC's Cyclically Adjusted PB Ratio of today is 0.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rosseti Moscow Region PJSC was 0.31. The lowest was 0.16. And the median was 0.25.


Rosseti Moscow Region PJSC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rosseti Moscow Region PJSC'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.

Rosseti Moscow Region PJSC Cyclically Adjusted Book per Share Chart

Rosseti Moscow Region PJSC 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 - - 4.49 4.84 5.02

Rosseti Moscow Region PJSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.84 4.91 4.94 5.01 5.02

Competitive Comparison of Rosseti Moscow Region PJSC's Cyclically Adjusted Book per Share

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

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

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



Rosseti Moscow Region PJSC 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, Rosseti Moscow Region PJSC's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.44/244.6000*244.6000
=4.440

Current CPI (Dec. 2023) = 244.6000.

Rosseti Moscow Region PJSC Quarterly Data

Book Value per Share CPI Adj_Book
201206 0.000 113.600 0.000
201209 3.482 115.700 7.361
201212 2.848 117.300 5.939
201306 2.909 121.400 5.861
201312 3.146 124.900 6.161
201406 3.175 130.900 5.933
201412 3.256 139.000 5.730
201506 3.327 150.900 5.393
201512 3.474 157.000 5.412
201606 3.376 162.200 5.091
201609 0.000 163.300 0.000
201612 3.543 165.400 5.240
201703 0.000 167.000 0.000
201706 3.570 169.200 5.161
201709 3.579 168.200 5.205
201712 3.412 169.600 4.921
201803 3.614 171.000 5.169
201806 3.593 173.100 5.077
201809 3.641 173.900 5.121
201812 3.519 176.800 4.868
201903 3.592 179.900 4.884
201906 3.576 181.200 4.827
201909 3.592 180.800 4.860
201912 3.571 182.200 4.794
202003 3.655 184.500 4.846
202006 3.659 187.000 4.786
202009 3.692 187.400 4.819
202012 3.643 191.100 4.663
202103 3.779 195.200 4.735
202106 3.820 199.100 4.693
202109 3.904 201.300 4.744
202112 3.810 207.200 4.498
202203 3.926 227.800 4.216
202206 4.011 230.800 4.251
202209 0.000 228.800 0.000
202212 3.908 231.900 4.122
202303 4.153 235.800 4.308
202306 4.211 238.300 4.322
202309 4.374 242.600 4.410
202312 4.440 244.600 4.440

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


Rosseti Moscow Region PJSC  (MIC:MSRS) 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.

Rosseti Moscow Region PJSC's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.355/5.02
=0.27

* 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 Rosseti Moscow Region PJSC was 0.31. The lowest was 0.16. And the median was 0.25.


Be Aware

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


Rosseti Moscow Region PJSC Cyclically Adjusted Book per Share Related Terms

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


Rosseti Moscow Region PJSC (MIC:MSRS) Business Description

Traded in Other Exchanges
N/A
Address
2 Paveletskiy Proezd, 3, Building 2, Moscow, RUS, 115114
Rosseti Moscow Region PJSC is a distribution electric grid company. The group's main activity is the provision of fee-based services for electricity transmission in Moscow and the Moscow Region. The group also provides technical connection services to electrical networks as part of its core operations. The company's reportable segments are Electricity transmission in Moscow, Electricity transmission in the Moscow Region, Connection services in Moscow, Connection services in the Moscow Region, and Others. The Other segment activities mainly represent rental income, installation services, repair, and technical maintenance of electrical equipment. The majority of revenue is derived from the Electricity transmission segment.

Rosseti Moscow Region PJSC (MIC:MSRS) Headlines

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