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NRG Energy (NRG Energy) Cyclically Adjusted PB Ratio : 6.57 (As of May. 22, 2024)


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What is NRG Energy Cyclically Adjusted PB Ratio?

As of today (2024-05-22), NRG Energy's current share price is $83.03. NRG Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $12.64. NRG Energy's Cyclically Adjusted PB Ratio for today is 6.57.

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

NRG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.32   Med: 1.49   Max: 6.62
Current: 6.57

During the past years, NRG Energy's highest Cyclically Adjusted PB Ratio was 6.62. The lowest was 0.32. And the median was 1.49.

NRG's Cyclically Adjusted PB Ratio is ranked worse than
93.13% of 262 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.215 vs NRG: 6.57

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 adjusted book value per share data for the three months ended in Mar. 2024 was $12.716. 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 $12.64 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NRG Energy Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NRG Energy'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.

NRG Energy Cyclically Adjusted PB Ratio Chart

NRG Energy 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 1.92 2.10 2.64 2.07 3.96

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 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 2.30 2.60 2.79 3.96 5.35

Competitive Comparison of NRG Energy's Cyclically Adjusted PB Ratio

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 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.

NRG Energy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=83.03/12.64
=6.57

* 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.

NRG Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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)
=12.716/131.7762*131.7762
=12.716

Current CPI (Mar. 2024) = 131.7762.

NRG Energy Quarterly Data

Book Value per Share CPI Adj_Book
201406 29.090 100.560 38.120
201409 29.403 100.428 38.581
201412 28.996 99.070 38.569
201503 28.460 99.621 37.646
201506 28.378 100.684 37.141
201509 28.855 100.392 37.876
201512 8.616 99.792 11.377
201603 8.653 100.470 11.349
201606 8.008 101.688 10.377
201609 9.644 101.861 12.476
201612 6.470 101.863 8.370
201703 5.141 102.862 6.586
201706 3.230 103.349 4.118
201709 3.736 104.136 4.728
201712 -1.092 104.011 -1.384
201803 -0.426 105.290 -0.533
201806 -1.206 106.317 -1.495
201809 -3.228 106.507 -3.994
201812 -4.350 105.998 -5.408
201903 -5.749 107.251 -7.064
201906 -6.373 108.070 -7.771
201909 -6.234 108.329 -7.583
201912 6.659 108.420 8.093
202003 6.253 108.902 7.566
202006 7.168 108.767 8.684
202009 7.921 109.815 9.505
202012 6.879 109.897 8.249
202103 6.200 111.754 7.311
202106 10.393 114.631 11.947
202109 16.660 115.734 18.969
202112 14.769 117.630 16.545
202203 21.027 121.301 22.843
202206 22.539 125.017 23.758
202209 22.100 125.227 23.256
202212 16.675 125.222 17.548
202303 10.567 127.348 10.934
202306 11.639 128.729 11.915
202309 12.506 129.860 12.691
202312 10.839 129.419 11.036
202403 12.716 131.776 12.716

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.


NRG Energy  (NYSE:NRG) 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.


NRG Energy Cyclically Adjusted PB Ratio Related Terms

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


NRG Energy (NRG Energy) 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.
Executives
Rasesh M. Patel officer: Exec VP, Vivint C/O VIVINT SMART HOME, INC., 4931 NORTH 300 WEST, PROVO UT 84604
Elisabeth B Donohue director C/O SYNACOR, INC., 40 LA RIVIERE DRIVE, SUITE 300, BUFFALO NY 14202
Heather Cox director 804 CARNEGIE CENTER, PRINCETON NJ 08540
Paul W Hobby director 4400 POST OAK PARKWAY, HOUSTON TX 77027
Lawrence S Coben director SUNRISE CAPITAL, 685 THIRD AVE 15TH FLOOR, NEW YORK NY 10017-4024
Mauricio Gutierrez officer: Exec VP & Chief Operating Ofc 211 CARNEGIE CENTER, PRINCETON NJ 08540
Antonio Carrillo director 500 N AKARD ST. SUITE 400, DALLAS TX 75201
Bruce Chung officer: EVP, Strategy and NRG Services 804 CARNEGIE CENTER, PRINCETON NJ 08540
Emily Picarello officer: Vice Pres & Corp Controller 804 CARNEGIE CENTER, PRINCETON NJ 08540
Robert J Gaudette officer: Senior VP, Business Solutions 1155 PERIMETER CENTER WEST, ATLANTA GA 30342
Elizabeth R Killinger officer: Sr. VP & President,NRG Retail NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Christopher Moser officer: Exec Vice Pres, Operations 804 CARNEGIE CENTER, PRINCETON NJ 08540
David Callen officer: Chief Accounting Offficer NRG ENERGY, INC., 211 CARNEGIE CENTER, PRINCETON NJ 08540
Alberto Fornaro officer: Executive Vice Pres & CFO 1415 W. 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Gaetan Frotte officer: Interim CFO, Sr VP & Treasurer 804 CARNEGIE CENTER, PRINCETON NJ 08540

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