BIP (Brookfield Infrastructure Partners LP) Cyclically Adjusted PB Ratio: 2.77 (As of Aug. 15, 2026) — 10% Above Median

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BIP Brookfield Infrastructure Partners LP BIP
91 GF Score
Price $39.74
GF Value $41.33
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Brookfield Infrastructure Partners LP Cyclically Adjusted PB Ratio?

Brookfield Infrastructure Partners LP BIP -0.67% 91 Cyclically Adjusted PB Ratio is 2.77 as of Aug. 15, 2026, which is 10% above its 10-year median of 2.52. GuruFocus rates BIP with a GF Score™ of 91/100 and a GF Value™ of $41.33 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 431 Utilities - Regulated companies, Brookfield Infrastructure Partners LP ranks worse than 82.37% on this metric.

As of today (2026-08-15), Brookfield Infrastructure Partners LP's current share price is $39.74. Brookfield Infrastructure Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $14.33. Brookfield Infrastructure Partners LP's Cyclically Adjusted PB Ratio for today is 2.77.

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

BIP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.52   Max: 3.23
Current: 2.71

During the past years, Brookfield Infrastructure Partners LP's highest Cyclically Adjusted PB Ratio was 3.23. The lowest was 1.56. And the median was 2.52.

BIP's Cyclically Adjusted PB Ratio is ranked worse than
82.37% of 431 companies
in the Utilities - Regulated industry
Industry Median: 1.51 vs BIP: 2.71

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 Infrastructure Partners LP's adjusted book value per share data for the three months ended in Jun. 2026 was $11.228. 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 $14.33 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Infrastructure Partners LP  (NYSE:BIP) 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 Infrastructure Partners LP Cyclically Adjusted PB Ratio Related Terms


Brookfield Infrastructure Partners LP Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Brookfield Infrastructure 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 Infrastructure Partners LP Cyclically Adjusted PB Ratio Chart

Brookfield Infrastructure 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 3.05 2.32 2.20 2.32 2.39

Brookfield Infrastructure 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 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 2.28 2.28 2.39 2.48 2.55

BIP vs SRE, AES: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Diversified subindustry, Brookfield Infrastructure 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 Infrastructure Partners LP Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


BIP
91GF Score
Brookfield Infrastructure Partners LP BIP
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Brookfield Infrastructure 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 Infrastructure Partners LP's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.74/14.33
=2.77

* 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 Infrastructure Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Brookfield Infrastructure 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)
=11.228/333.9520*333.9520
=11.228

Current CPI (Jun. 2026) = 333.9520.

Brookfield Infrastructure Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201609 11.686 241.428 16.165
201612 12.881 241.432 17.817
201703 13.123 243.801 17.976
201706 12.435 244.955 16.953
201709 13.374 246.819 18.095
201712 13.467 246.524 18.243
201803 13.865 249.554 18.554
201806 12.811 251.989 16.978
201809 12.645 252.439 16.728
201812 13.151 251.233 17.481
201903 13.324 254.202 17.504
201906 13.055 256.143 17.021
201909 12.940 256.759 16.830
201912 13.569 256.974 17.634
202003 11.201 258.115 14.492
202006 10.726 257.797 13.895
202009 10.871 260.280 13.948
202012 12.080 260.474 15.488
202103 12.278 264.877 15.480
202106 12.675 271.696 15.579
202109 13.396 274.310 16.309
202112 14.927 278.802 17.880
202203 14.530 287.504 16.877
202206 13.824 296.311 15.580
202209 13.343 296.808 15.013
202212 13.709 296.797 15.425
202303 13.134 301.836 14.531
202306 13.386 305.109 14.651
202309 13.648 307.789 14.808
202312 13.514 306.746 14.713
202403 13.167 312.332 14.078
202406 12.591 314.175 13.384
202409 12.033 315.301 12.745
202412 12.168 315.605 12.875
202503 11.905 319.799 12.432
202506 11.414 322.561 11.817
202509 11.554 324.800 11.880
202512 12.191 324.054 12.563
202603 11.672 330.213 11.804
202606 11.228 333.952 11.228

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 2.77 mean?
Brookfield Infrastructure Partners LP (BIP) has a Cyclically Adjusted PB Ratio of 2.77 as of Aug. 15, 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 Infrastructure Partners LP and its competitors. This is 10% above median its historical median of 2.52. Over the past decade, Brookfield Infrastructure Partners LP's Cyclically Adjusted PB Ratio has ranged from 1.56 to 3.23. According to the industry distribution chart, Brookfield Infrastructure Partners LP ranks #355 out of 431 companies in the Utilities - Regulated industry, placing it in the top 82.4%.
Is Brookfield Infrastructure Partners LP's Cyclically Adjusted PB Ratio too high?
Brookfield Infrastructure Partners LP's current Cyclically Adjusted PB Ratio of 2.77 is 10% above median its 10-year median of 2.52. Over the past 10 years, this metric has ranged from a low of 1.56 to a high of 3.23. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.51. Brookfield Infrastructure Partners LP's value of 2.77 is 83.4% above this industry median. Based on the distribution chart, Brookfield Infrastructure Partners LP ranks #355 out of 431 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Brookfield Infrastructure Partners LP has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Brookfield Infrastructure Partners LP's Cyclically Adjusted PB Ratio compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Brookfield Infrastructure Partners LP ranks #355 out of 431 companies for Cyclically Adjusted PB Ratio. This places Brookfield Infrastructure Partners LP in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.51. Brookfield Infrastructure Partners LP's value of 2.77 is 83.4% above this benchmark. Historically, Brookfield Infrastructure Partners LP's own Cyclically Adjusted PB Ratio has ranged from 1.56 to 3.23 over the past decade. While the company's 10-year median is 2.52 vs. the industry median of 1.51, Brookfield Infrastructure 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 - Regulated company?
The median Cyclically Adjusted PB Ratio among Utilities - Regulated companies is 1.51, based on 431 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 Infrastructure Partners LP's current Cyclically Adjusted PB Ratio of 2.77 is 83.4% 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 Infrastructure Partners LP and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brookfield Infrastructure Partners LP's current Cyclically Adjusted PB Ratio is 2.77, which is 10% above median its own 10-year median of 2.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookfield Infrastructure Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Brookfield Infrastructure Partners LP (BIP) is currently considered Modestly Overvalued. The stock's GF Value™ is $41.33, compared to a current price of $39.74 — trading 3.8% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.77, which is 10% above median its 10-year median of 2.52 and 83.4% above the Utilities - Regulated industry median of 1.51. Brookfield Infrastructure Partners LP's overall GF Score™ is 91/100 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 Infrastructure Partners LP (BIP), the current Cyclically Adjusted PB Ratio is 2.77 as of Aug. 15, 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 Infrastructure Partners LP (BIP) Overvalued in 2026?

Based on GuruFocus' analysis, Brookfield Infrastructure Partners LP stock appears to be undervalued. The current stock price of $39.74 is trading 3.8% below its estimated GF Value™ of $41.33. GuruFocus considers Brookfield Infrastructure Partners LP to be Modestly Overvalued.

Key valuation signals for BIP:

  • Cyclically Adjusted PB Ratio: 2.77 (10% above median its 10-year median of 2.52)
  • GF Value™: $41.33 vs. price of $39.74 (3.8% below fair value)
  • GF Score™: 91/100 with 9 warning signs
  • Industry Position: 83.4% above the Utilities - Regulated median (#355 of 431)

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


Brookfield Infrastructure Partners LP Business Description

Address 73 Front Street, 5th Floor, Hamilton, BMU, HM12
Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics that tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company's operating segments consist of: Utilities, Transport, Midstream, Data and Corporate. Geographically, it generates maximum revenue from USA and also has a presence in Australia, Colombia, United Kingdom, Brazil, India, France, Germany, Canada, and Other.
91GF Score

Get the complete analysis for BIP

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

$39.74
Price
$41.33
GF Value