BEP (Brookfield Renewable Partners LP) Cyclically Adjusted PB Ratio: 1.72 (As of Jul. 12, 2026) — 12% Above Median


BEP Brookfield Renewable Partners LP BEP
81 GF Score
Price $32.33
GF Value $28.80
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Brookfield Renewable Partners LP Cyclically Adjusted PB Ratio?

Brookfield Renewable Partners LP BEP -1.97% 81 Cyclically Adjusted PB Ratio is 1.72 as of Jul. 12, 2026, which is 12% above its 10-year median of 1.54. GuruFocus rates BEP with a GF Score™ of 81/100 and a GF Value™ of $28.80 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 284 Utilities - Independent Power Producers companies, Brookfield Renewable Partners LP ranks worse than 64.44% on this metric.

As of today (2026-07-12), Brookfield Renewable Partners LP's current share price is $32.33. Brookfield Renewable Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $18.81. Brookfield Renewable Partners LP's Cyclically Adjusted PB Ratio for today is 1.72.

The historical rank and industry rank for Brookfield Renewable Partners LP's Cyclically Adjusted PB Ratio or its related term are showing as below:

BEP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.06   Med: 1.54   Max: 2.81
Current: 1.75

During the past years, Brookfield Renewable Partners LP's highest Cyclically Adjusted PB Ratio was 2.81. The lowest was 1.06. And the median was 1.54.

BEP's Cyclically Adjusted PB Ratio is ranked worse than
64.44% of 284 companies
in the Utilities - Independent Power Producers industry
Industry Median: 1.13 vs BEP: 1.75

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.

Brookfield Renewable Partners LP's adjusted book value per share data for the three months ended in Mar. 2026 was $13.845. 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 $18.81 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Renewable Partners LP  (NYSE:BEP) 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.


Brookfield Renewable Partners LP Cyclically Adjusted PB Ratio Related Terms


Brookfield Renewable Partners LP Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brookfield Renewable Partners LP'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.

Brookfield Renewable Partners LP Cyclically Adjusted PB Ratio Chart

Brookfield Renewable Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.91 1.44 1.39 1.28 1.43

Brookfield Renewable Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.23 1.34 1.38 1.43 1.74

Brookfield Renewable Partners LP Cyclically Adjusted PB Ratio Competitor Comparison

For the Utilities - Renewable subindustry, Brookfield Renewable 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.


Brookfield Renewable Partners LP Cyclically Adjusted PB Ratio vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Brookfield Renewable Partners LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BEP
81GF Score
Brookfield Renewable Partners LP BEP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Brookfield Renewable Partners LP 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.

Brookfield Renewable Partners LP's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.33/18.81
=1.72

* 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.

Brookfield Renewable Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Brookfield Renewable Partners LP's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=13.845/330.2130*330.2130
=13.845

Current CPI (Mar. 2026) = 330.2130.

Brookfield Renewable Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201606 15.524 241.018 21.269
201609 15.140 241.428 20.708
201612 15.072 241.432 20.614
201703 15.750 243.801 21.332
201706 15.278 244.955 20.596
201709 15.303 246.819 20.474
201712 16.509 246.524 22.113
201803 17.023 249.554 22.525
201806 16.032 251.989 21.009
201809 15.409 252.439 20.156
201812 19.353 251.233 25.437
201903 19.662 254.202 25.541
201906 19.384 256.143 24.989
201909 18.393 256.759 23.655
201912 20.159 256.974 25.904
202003 18.855 258.115 24.122
202006 18.304 257.797 23.446
202009 15.288 260.280 19.396
202012 17.730 260.474 22.477
202103 16.418 264.877 20.468
202106 16.276 271.696 19.781
202109 14.810 274.310 17.828
202112 18.078 278.802 21.412
202203 18.055 287.504 20.737
202206 17.007 296.311 18.953
202209 16.198 296.808 18.021
202212 17.635 296.797 19.621
202303 17.402 301.836 19.038
202306 17.584 305.109 19.031
202309 17.076 307.789 18.320
202312 16.447 306.746 17.705
202403 15.658 312.332 16.554
202406 14.204 314.175 14.929
202409 13.591 315.301 14.234
202412 14.861 315.605 15.549
202503 14.297 319.799 14.763
202506 13.959 322.561 14.290
202509 13.265 324.800 13.486
202512 15.046 324.054 15.332
202603 13.845 330.213 13.845

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.

What does a Cyclically Adjusted PB Ratio of 1.72 mean?
Brookfield Renewable Partners LP (BEP) has a Cyclically Adjusted PB Ratio of 1.72 as of Jul. 12, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Brookfield Renewable Partners LP and its competitors. This is 12% above median its historical median of 1.54. Over the past decade, Brookfield Renewable Partners LP's Cyclically Adjusted PB Ratio has ranged from 1.06 to 2.81. According to the industry distribution chart, Brookfield Renewable Partners LP ranks #183 out of 284 companies in the Utilities - Independent Power Producers industry, placing it in the top 64.4%.
Is Brookfield Renewable Partners LP's Cyclically Adjusted PB Ratio too high?
Brookfield Renewable Partners LP's current Cyclically Adjusted PB Ratio of 1.72 is 12% above median its 10-year median of 1.54. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 2.81. The Utilities - Independent Power Producers industry median Cyclically Adjusted PB Ratio is 1.13. Brookfield Renewable Partners LP's value of 1.72 is 52.2% above this industry median. Based on the distribution chart, Brookfield Renewable Partners LP ranks #183 out of 284 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Brookfield Renewable Partners LP has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brookfield Renewable Partners LP's Cyclically Adjusted PB Ratio compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Brookfield Renewable Partners LP ranks #183 out of 284 companies for Cyclically Adjusted PB Ratio. This places Brookfield Renewable Partners LP in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.13. Brookfield Renewable Partners LP's value of 1.72 is 52.2% above this benchmark. Historically, Brookfield Renewable Partners LP's own Cyclically Adjusted PB Ratio has ranged from 1.06 to 2.81 over the past decade. While the company's 10-year median is 1.54 vs. the industry median of 1.13, Brookfield Renewable Partners LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Utilities - Independent Power Producers company?
The median Cyclically Adjusted PB Ratio among Utilities - Independent Power Producers companies is 1.13, based on 284 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Brookfield Renewable Partners LP's current Cyclically Adjusted PB Ratio of 1.72 is 52.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Brookfield Renewable Partners LP and its competitors. For the Utilities - Independent Power Producers industry, the median Cyclically Adjusted PB Ratio is 1.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brookfield Renewable Partners LP's current Cyclically Adjusted PB Ratio is 1.72, which is 12% above median its own 10-year median of 1.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookfield Renewable Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Brookfield Renewable Partners LP (BEP) is currently considered Modestly Overvalued. The stock's GF Value™ is $28.80, compared to a current price of $32.33 — trading 12.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.72, which is 12% above median its 10-year median of 1.54 and 52.2% above the Utilities - Independent Power Producers industry median of 1.13. Brookfield Renewable Partners LP's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Brookfield Renewable Partners LP (BEP), the current Cyclically Adjusted PB Ratio is 1.72 as of Jul. 12, 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 Brookfield Renewable Partners LP (BEP) Overvalued in 2026?

Based on GuruFocus' analysis, Brookfield Renewable Partners LP stock appears to be overvalued. The current stock price of $32.33 is trading 12.3% above its estimated GF Value™ of $28.80. GuruFocus considers Brookfield Renewable Partners LP to be Modestly Overvalued.

Key valuation signals for BEP:

  • Cyclically Adjusted PB Ratio: 1.72 (12% above median its 10-year median of 1.54)
  • GF Value™: $28.80 vs. price of $32.33 (12.3% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 52.2% above the Utilities - Independent Power Producers median (#183 of 284)

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


Brookfield Renewable Partners LP Business Description

Address 73 Front Street, 5th Floor, Hamilton, BMU, HM 12
Brookfield Renewable is a globally diversified, multitechnology owner and operator of clean energy assets. The company's portfolio consists of hydroelectric, wind, solar, and storage facilities in North America, South America, Europe, and Asia and totals over 40 gigawatts of installed capacity. Brookfield Renewable invests in assets directly, as well as with institutional partners, joint venture partners, and through other arrangements. The company offers two separate listings for investors: Brookfield Renewable Partners and Brookfield Renewable Corp.
81GF Score

Get the complete analysis for BEP

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

$32.33
Price
$28.80
GF Value