Eversource Energy (BSP:E1SE34) Cyclically Adjusted PB Ratio: 1.57 (As of Aug. 28, 2026) — 24% Below Median

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.

BSP:E1SE34 Eversource Energy BSP:E1SE34
74 GF Score
Price R$188.48
GF Value R$181.78
! 11 Warning Signs
View Full Analysis

What is Eversource Energy Cyclically Adjusted PB Ratio?

Eversource Energy BSP:E1SE34 74 Cyclically Adjusted PB Ratio is 1.57 as of Aug. 28, 2026, which is 24% below its 10-year median of 2.06. GuruFocus rates BSP:E1SE34 with a GF Score™ of 74/100 and a GF Value™ of R$181.78. The stock has 11 warning signs investors should review. Among 424 Utilities - Regulated companies, Eversource Energy ranks better than 50.94% on this metric.

As of today (2026-08-28), Eversource Energy's current share price is R$188.48. Eversource Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was R$120.01. Eversource Energy's Cyclically Adjusted PB Ratio for today is 1.57.

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

BSP:E1SE34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.06   Max: 2.93
Current: 1.5

During the past years, Eversource Energy's highest Cyclically Adjusted PB Ratio was 2.93. The lowest was 1.20. And the median was 2.06.

BSP:E1SE34's Cyclically Adjusted PB Ratio is ranked better than
50.94% of 424 companies
in the Utilities - Regulated industry
Industry Median: 1.53 vs BSP:E1SE34: 1.50

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.

Eversource Energy's adjusted book value per share data for the three months ended in Mar. 2026 was R$114.968. 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 R$120.01 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eversource Energy  (BSP:E1SE34) 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.


Eversource Energy Cyclically Adjusted PB Ratio Related Terms


Eversource Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Eversource 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.

Eversource Energy Cyclically Adjusted PB Ratio Chart

Eversource Energy 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 2.34 1.99 1.40 1.27 1.45

Eversource Energy 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 1.38 1.53 1.45 1.47 0.00

BSP:E1SE34 vs FE, PPL, CNP: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Eversource 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.


Eversource Energy Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Eversource Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Eversource Energy's Cyclically Adjusted PB Ratio falls into.


BSP:E1SE34
74GF Score
Eversource Energy BSP:E1SE34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eversource 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=188.48/120.01
=1.57

* 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.

Eversource Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Eversource Energy'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)
=114.968/330.2130*330.2130
=114.968

Current CPI (Mar. 2026) = 330.2130.

Eversource Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 56.710 241.018 77.697
201609 54.547 241.428 74.607
201612 56.688 241.432 77.534
201703 53.316 243.801 72.213
201706 56.601 244.955 76.301
201709 54.359 246.819 72.726
201712 57.638 246.524 77.205
201803 57.862 249.554 76.564
201806 67.077 251.989 87.899
201809 73.962 252.439 96.749
201812 70.385 251.233 92.512
201903 70.421 254.202 91.478
201906 71.225 256.143 91.821
201909 77.124 256.759 99.188
201912 78.574 256.974 100.968
202003 95.934 258.115 122.731
202006 104.526 257.797 133.888
202009 110.112 260.280 139.697
202012 105.485 260.474 133.727
202103 116.772 264.877 145.576
202106 104.725 271.696 127.280
202109 110.652 274.310 133.202
202112 119.861 278.802 141.963
202203 107.051 287.504 122.954
202206 109.702 296.311 122.253
202209 115.328 296.808 128.308
202212 116.465 296.797 129.578
202303 117.589 301.836 128.644
202306 108.152 305.109 117.051
202309 110.898 307.789 118.977
202312 99.344 306.746 106.944
202403 103.057 312.332 108.957
202406 112.553 314.175 118.299
202409 114.475 315.301 119.889
202412 125.141 315.605 130.933
202503 120.249 319.799 124.165
202506 117.076 322.561 119.853
202509 114.583 324.800 116.493
202512 117.692 324.054 119.929
202603 114.968 330.213 114.968

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 1.57 mean?
Eversource Energy (BSP:E1SE34) has a Cyclically Adjusted PB Ratio of 1.57 as of Aug. 28, 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 Eversource Energy and its competitors. This is 24% below median its historical median of 2.06. Over the past decade, Eversource Energy's Cyclically Adjusted PB Ratio has ranged from 1.20 to 2.93. According to the industry distribution chart, Eversource Energy ranks #208 out of 424 companies in the Utilities - Regulated industry, placing it in the top 49.1%.
Is Eversource Energy's Cyclically Adjusted PB Ratio too high?
Eversource Energy's current Cyclically Adjusted PB Ratio of 1.57 is 24% below median its 10-year median of 2.06. Over the past 10 years, this metric has ranged from a low of 1.20 to a high of 2.93. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. Eversource Energy's value of 1.57 is 2.6% above this industry median. Based on the distribution chart, Eversource Energy ranks #208 out of 424 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Eversource Energy has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Eversource Energy's Cyclically Adjusted PB Ratio compare to FE and PPL?
According to the Utilities - Regulated industry distribution chart, Eversource Energy ranks #208 out of 424 companies for Cyclically Adjusted PB Ratio. This puts Eversource Energy in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Eversource Energy's value of 1.57 is 2.6% above this benchmark. Historically, Eversource Energy's own Cyclically Adjusted PB Ratio has ranged from 1.20 to 2.93 over the past decade. While the company's 10-year median is 2.06 vs. the industry median of 1.53, Eversource Energy 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 1.53, based on 424 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. Eversource Energy's current Cyclically Adjusted PB Ratio of 1.57 is 2.6% 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 Eversource Energy and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eversource Energy's current Cyclically Adjusted PB Ratio is 1.57, which is 24% below median its own 10-year median of 2.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eversource Energy stock overvalued right now?
Eversource Energy (BSP:E1SE34) has a current Cyclically Adjusted PB Ratio of 1.57. The stock's GF Value™ is R$181.78, compared to a current price of R$188.48 — trading 3.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.57, which is 24% below median its 10-year median of 2.06 and 2.6% above the Utilities - Regulated industry median of 1.53. Eversource Energy's overall GF Score™ is 74/100 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Eversource Energy (BSP:E1SE34), the current Cyclically Adjusted PB Ratio is 1.57 as of Aug. 28, 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 Eversource Energy (BSP:E1SE34) Overvalued in 2026?

Based on GuruFocus' analysis, Eversource Energy stock appears to be overvalued. The current stock price of R$188.48 is trading 3.7% above its estimated GF Value™ of R$181.78.

Key valuation signals for BSP:E1SE34:

  • Cyclically Adjusted PB Ratio: 1.57 (24% below median its 10-year median of 2.06)
  • GF Value™: R$181.78 vs. price of R$188.48 (3.7% above fair value)
  • GF Score™: 74/100 with 11 warning signs
  • Industry Position: 2.6% above the Utilities - Regulated median (#208 of 424)

No single metric tells the full story. See the BSP:E1SE34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Eversource Energy Business Description

Address 300 Cadwell Drive, Springfield, MA, USA, 1104
Eversource Energy is a diversified holding company with subsidiaries that provide rate-regulated electric, gas, and water distribution service to more than 4 million customers in the Northeast US. Eversource expanded its service territories with acquisitions of NStar (2012), Aquarion (2017), and Columbia Gas (2020). In 2024 Eversource exited its 50% partnership with European utility Orsted to develop 2 gigawatts of offshore wind projects in the Northeast US. It plans to sell Aquarion in 2026. The company exited most of its unregulated businesses in 2006.
74GF Score

Get the complete analysis for BSP:E1SE34

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

R$188.48
Price
R$181.78
GF Value