ETR (Entergy) Cyclically Adjusted PB Ratio: 3.40 (As of Jul. 16, 2026) — 92% Above Median

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ETR Entergy Corp ETR
71 GF Score
Price $114.87
GF Value $79.47
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Entergy Cyclically Adjusted PB Ratio?

Entergy ETR +0.55% 71 Cyclically Adjusted PB Ratio is 3.40 as of Jul. 16, 2026, which is 92% above its 10-year median of 1.77. GuruFocus rates ETR with a GF Score™ of 71/100 and a GF Value™ of $79.47 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 440 Utilities - Regulated companies, Entergy ranks worse than 88.86% on this metric.

As of today (2026-07-16), Entergy's current share price is $114.87. Entergy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $33.79. Entergy's Cyclically Adjusted PB Ratio for today is 3.40.

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

ETR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.29   Med: 1.77   Max: 3.45
Current: 3.38

During the past years, Entergy's highest Cyclically Adjusted PB Ratio was 3.45. The lowest was 1.29. And the median was 1.77.

ETR's Cyclically Adjusted PB Ratio is ranked worse than
88.86% of 440 companies
in the Utilities - Regulated industry
Industry Median: 1.525 vs ETR: 3.38

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.

Entergy's adjusted book value per share data for the three months ended in Mar. 2026 was $37.889. 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 $33.79 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Entergy  (NYSE:ETR) 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.


Entergy Cyclically Adjusted PB Ratio Related Terms


Entergy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Entergy'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.

Entergy Cyclically Adjusted PB Ratio Chart

Entergy 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 1.92 1.83 1.60 2.35 2.79

Entergy 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 2.62 2.53 2.81 2.79 3.32

ETR vs XEL, EXC, D: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Entergy'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.


Entergy Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


ETR
71GF Score
Entergy Corp ETR
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Entergy 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.

Entergy's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=114.87/33.79
=3.40

* 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.

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

For example, Entergy'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)
=37.889/330.2130*330.2130
=37.889

Current CPI (Mar. 2026) = 330.2130.

Entergy Quarterly Data

Book Value per Share CPI Adj_Book
201606 27.272 241.018 37.365
201609 28.106 241.428 38.442
201612 22.559 241.432 30.855
201703 22.452 243.801 30.410
201706 23.315 244.955 31.430
201709 24.190 246.819 32.363
201712 22.138 246.524 29.653
201803 22.055 249.554 29.183
201806 22.181 251.989 29.067
201809 23.223 252.439 30.378
201812 23.391 251.233 30.744
201903 23.617 254.202 30.679
201906 24.656 256.143 31.786
201909 25.203 256.759 32.413
201912 25.668 256.974 32.984
202003 25.539 258.115 32.673
202006 26.038 257.797 33.352
202009 26.898 260.280 34.125
202012 27.282 260.474 34.586
202103 27.456 264.877 34.228
202106 27.091 271.696 32.926
202109 27.995 274.310 33.700
202112 28.712 278.802 34.006
202203 28.820 287.504 33.101
202206 28.786 296.311 32.080
202209 29.723 296.808 33.068
202212 30.702 296.797 34.159
202303 30.878 301.836 33.781
202306 31.300 305.109 33.875
202309 32.372 307.789 34.730
202312 34.350 306.746 36.978
202403 33.896 312.332 35.837
202406 34.067 314.175 35.806
202409 35.057 315.301 36.715
202412 35.113 315.605 36.738
202503 35.251 319.799 36.399
202506 36.319 322.561 37.181
202509 37.308 324.800 37.930
202512 37.412 324.054 38.123
202603 37.889 330.213 37.889

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 3.40 mean?
Entergy (ETR) has a Cyclically Adjusted PB Ratio of 3.40 as of Jul. 16, 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 Entergy and its competitors. This is 92% above median its historical median of 1.77. Over the past decade, Entergy's Cyclically Adjusted PB Ratio has ranged from 1.29 to 3.45. According to the industry distribution chart, Entergy ranks #391 out of 440 companies in the Utilities - Regulated industry, placing it in the top 88.9%.
Is Entergy's Cyclically Adjusted PB Ratio too high?
Entergy's current Cyclically Adjusted PB Ratio of 3.40 is 92% above median its 10-year median of 1.77. Over the past 10 years, this metric has ranged from a low of 1.29 to a high of 3.45. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. Entergy's value of 3.40 is 123% above this industry median. Based on the distribution chart, Entergy ranks #391 out of 440 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Entergy has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Entergy's Cyclically Adjusted PB Ratio compare to XEL and EXC?
According to the Utilities - Regulated industry distribution chart, Entergy ranks #391 out of 440 companies for Cyclically Adjusted PB Ratio. This places Entergy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. Entergy's value of 3.40 is 123% above this benchmark. Historically, Entergy's own Cyclically Adjusted PB Ratio has ranged from 1.29 to 3.45 over the past decade. While the company's 10-year median is 1.77 vs. the industry median of 1.53, Entergy 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 440 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. Entergy's current Cyclically Adjusted PB Ratio of 3.40 is 123% 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 Entergy 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. Entergy's current Cyclically Adjusted PB Ratio is 3.40, which is 92% above median its own 10-year median of 1.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Entergy stock overvalued right now?
Based on GuruFocus' analysis, Entergy (ETR) is currently considered Significantly Overvalued. The stock's GF Value™ is $79.47, compared to a current price of $114.87 — trading 44.5% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.40, which is 92% above median its 10-year median of 1.77 and 123% above the Utilities - Regulated industry median of 1.53. Entergy's overall GF Score™ is 71/100 with 10 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 Entergy (ETR), the current Cyclically Adjusted PB Ratio is 3.40 as of Jul. 16, 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 Entergy (ETR) Overvalued in 2026?

Based on GuruFocus' analysis, Entergy stock appears to be overvalued. The current stock price of $114.87 is trading 44.5% above its estimated GF Value™ of $79.47. GuruFocus considers Entergy to be Significantly Overvalued.

Key valuation signals for ETR:

  • Cyclically Adjusted PB Ratio: 3.40 (92% above median its 10-year median of 1.77)
  • GF Value™: $79.47 vs. price of $114.87 (44.5% above fair value)
  • GF Score™: 71/100 with 10 warning signs
  • Industry Position: 123% above the Utilities - Regulated median (#391 of 440)

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


Entergy Business Description

Address 639 Loyola Avenue, New Orleans, LA, USA, 70113
Entergy is a holding company with five regulated vertically integrated utilities that generate and distribute electricity to 3 million customers in Arkansas, Louisiana, Mississippi, and Texas. It is one of the largest power producers in the country with 27 gigawatts of rate-regulated owned and leased power generation capacity. Entergy was the second-largest nuclear owner in the US before it began retiring and selling its plants in the Northeast in 2014. It sold its two small gas utilities in Louisiana in 2025.
71GF Score

Get the complete analysis for ETR

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

$114.87
Price
$79.47
GF Value