EPD (Enterprise Products Partners LP) Cyclically Adjusted Book per Share: $ (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

EPD Enterprise Products Partners LP EPD
89 GF Score
Price $38.89
GF Value $34.31
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is Enterprise Products Partners LP Cyclically Adjusted Book per Share?

Enterprise Products Partners LP EPD +1.14% 89 Cyclically Adjusted Book per Share is $ as of Jun. 2026. GuruFocus rates EPD with a GF Score™ of 89/100 and a GF Value™ of $34.31 (Modestly Overvalued). The stock has 11 warning signs investors should review.

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.

Enterprise Products Partners LP's adjusted book value per share for the three months ended in Jun. 2026 was $14.385. 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 $ for the trailing ten years ended in Jun. 2026.

During the past 12 months, Enterprise Products Partners LP's average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Enterprise Products Partners LP was 8.20% per year. The lowest was 2.90% per year. And the median was 4.10% per year.

As of today (2026-09-21), Enterprise Products Partners LP's current stock price is $38.89. Enterprise Products Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $. Enterprise Products Partners LP's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enterprise Products Partners LP was 3.49. The lowest was 1.43. And the median was 2.32.


Enterprise Products Partners LP  (NYSE:EPD) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enterprise Products Partners LP was 3.49. The lowest was 1.43. And the median was 2.32.


Be Aware

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


Enterprise Products Partners LP Cyclically Adjusted Book per Share Related Terms


Enterprise Products Partners LP Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Enterprise Products Partners LP'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.

Enterprise Products Partners LP Cyclically Adjusted Book per Share Chart

Enterprise Products Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Enterprise Products Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 - - - - -

EPD vs WMB, ET, KMI: Cyclically Adjusted Book per Share Comparison

For the Oil & Gas Midstream subindustry, Enterprise Products Partners LP'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.


Enterprise Products Partners LP Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enterprise Products Partners LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Enterprise Products Partners LP's Cyclically Adjusted PB Ratio falls into.


EPD
89GF Score
Enterprise Products Partners LP EPD
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Enterprise Products Partners LP 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, Enterprise Products Partners LP's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=14.385/333.9520*333.9520
=14.385

Current CPI (Jun. 2026) = 333.9520.

Enterprise Products Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201609 10.481 241.428 14.498
201612 10.515 241.432 14.544
201703 10.672 243.801 14.618
201706 10.652 244.955 14.522
201709 10.475 246.819 14.173
201712 10.537 246.524 14.274
201803 10.576 249.554 14.153
201806 10.612 251.989 14.064
201809 10.769 252.439 14.246
201812 11.118 251.233 14.779
201903 11.204 254.202 14.719
201906 11.409 256.143 14.875
201909 11.660 256.759 15.166
201912 11.798 256.974 15.332
202003 11.947 258.115 15.457
202006 11.868 257.797 15.374
202009 11.959 260.280 15.344
202012 11.629 260.474 14.909
202103 11.930 264.877 15.041
202106 11.827 271.696 14.537
202109 11.908 274.310 14.497
202112 12.148 278.802 14.551
202203 12.225 287.504 14.200
202206 12.379 296.311 13.952
202209 12.607 296.808 14.185
202212 12.761 296.797 14.359
202303 12.812 301.836 14.175
202306 12.903 305.109 14.123
202309 12.994 307.789 14.099
202312 13.264 306.746 14.440
202403 13.114 312.332 14.022
202406 13.269 314.175 14.104
202409 13.451 315.301 14.247
202412 13.663 315.605 14.457
202503 13.728 319.799 14.336
202506 13.816 322.561 14.304
202509 13.892 324.800 14.283
202512 14.141 324.054 14.573
202603 14.027 330.213 14.186
202606 14.385 333.952 14.385

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

What does a Cyclically Adjusted Book per Share of $ mean?
Enterprise Products Partners LP (EPD) has a Cyclically Adjusted Book per Share of $ as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Enterprise Products Partners LP and its competitors.
Is Enterprise Products Partners LP's Cyclically Adjusted Book per Share too high?
Enterprise Products Partners LP's current Cyclically Adjusted Book per Share is $. Overall, Enterprise Products Partners LP has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Enterprise Products Partners LP's Cyclically Adjusted Book per Share compare to WMB and ET?
Enterprise Products Partners LP's Cyclically Adjusted Book per Share of $ can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for an Oil & Gas company?
A good Cyclically Adjusted Book per Share depends on the Oil & Gas industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Enterprise Products Partners LP and its competitors. Enterprise Products Partners LP's current Cyclically Adjusted Book per Share is $. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Enterprise Products Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Enterprise Products Partners LP (EPD) is currently considered Modestly Overvalued. The stock's GF Value™ is $34.31, compared to a current price of $38.89 — trading 13.3% above its estimated fair value. The current Cyclically Adjusted Book per Share is $. Enterprise Products Partners LP's overall GF Score™ is 89/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Enterprise Products Partners LP (EPD), the current Cyclically Adjusted Book per Share is $ as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Enterprise Products Partners LP (EPD) Overvalued in 2026?

Based on GuruFocus' analysis, Enterprise Products Partners LP stock appears to be overvalued. The current stock price of $38.89 is trading 13.3% above its estimated GF Value™ of $34.31. GuruFocus considers Enterprise Products Partners LP to be Modestly Overvalued.

Key valuation signals for EPD:

  • Cyclically Adjusted Book per Share: $
  • GF Value™: $34.31 vs. price of $38.89 (13.3% above fair value)
  • GF Score™: 89/100 with 11 warning signs

No single metric tells the full story. See the EPD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Enterprise Products Partners LP Business Description

Industry EnergyOil & Gas
Other Exchanges 0S23:UK
Address 1100 Louisiana Street, 10th Floor, Houston, TX, USA, 77002
Enterprise Products Partners is a master limited partnership that transports and processes natural gas, natural gas liquids, crude oil, refined products, and petrochemicals. It is one of the largest midstream companies, with operations servicing most producing regions in the continental US. Enterprise is particularly dominant in the NGL market and is one of the few MLPs that provide midstream services across the full hydrocarbon value chain.
89GF Score

Get the complete analysis for EPD

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.89
Price
$34.31
GF Value