Alliant Energy (FRA:AY1) Cyclically Adjusted PB Ratio: 2.74 (As of Jul. 30, 2026) — Near Median

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FRA:AY1 Alliant Energy Corp FRA:AY1
77 GF Score
Price €64.12
GF Value €58.64
! 10 Warning Signs
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What is Alliant Energy Cyclically Adjusted PB Ratio?

Alliant Energy FRA:AY1 -0.45% 77 Cyclically Adjusted PB Ratio is 2.74 as of Jul. 30, 2026, which is 4% above its 10-year median of 2.64. GuruFocus rates FRA:AY1 with a GF Score™ of 77/100 and a GF Value™ of €58.64. The stock has 10 warning signs investors should review. Among 439 Utilities - Regulated companies, Alliant Energy ranks worse than 80.64% on this metric.

As of today (2026-07-30), Alliant Energy's current share price is €64.12. Alliant Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €23.44. Alliant Energy's Cyclically Adjusted PB Ratio for today is 2.74.

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

FRA:AY1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.98   Med: 2.64   Max: 3.46
Current: 2.68

During the past years, Alliant Energy's highest Cyclically Adjusted PB Ratio was 3.46. The lowest was 1.98. And the median was 2.64.

FRA:AY1's Cyclically Adjusted PB Ratio is ranked worse than
80.64% of 439 companies
in the Utilities - Regulated industry
Industry Median: 1.54 vs FRA:AY1: 2.68

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.

Alliant Energy's adjusted book value per share data for the three months ended in Mar. 2026 was €24.857. 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 €23.44 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alliant Energy  (FRA:AY1) 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.


Alliant Energy Cyclically Adjusted PB Ratio Related Terms


Alliant Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Alliant 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.

Alliant Energy Cyclically Adjusted PB Ratio Chart

Alliant 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 3.04 2.49 2.17 2.37 2.47

Alliant Energy 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 2.53 2.34 2.57 2.47 2.67

FRA:AY1 vs EVRG, CMS, PNW: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Alliant 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.


Alliant Energy Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


FRA:AY1
77GF Score
Alliant Energy Corp FRA:AY1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Alliant 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=64.12/23.44
=2.74

* 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.

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

For example, Alliant 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)
=24.857/330.2130*330.2130
=24.857

Current CPI (Mar. 2026) = 330.2130.

Alliant Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.838 241.018 20.329
201609 15.114 241.428 20.672
201612 16.081 241.432 21.994
201703 15.993 243.801 21.662
201706 15.601 244.955 21.031
201709 15.075 246.819 20.168
201712 15.275 246.524 20.460
201803 14.825 249.554 19.617
201806 15.931 251.989 20.876
201809 16.601 252.439 21.716
201812 17.075 251.233 22.443
201903 17.456 254.202 22.676
201906 17.511 256.143 22.575
201909 18.773 256.759 24.144
201912 19.119 256.974 24.568
202003 19.958 258.115 25.533
202006 19.736 257.797 25.280
202009 19.406 260.280 24.620
202012 18.712 260.474 23.722
202103 19.363 264.877 24.139
202106 19.299 271.696 23.456
202109 20.320 274.310 24.461
202112 21.164 278.802 25.067
202203 22.000 287.504 25.268
202206 23.137 296.311 25.784
202209 25.208 296.808 28.045
202212 23.591 296.797 26.247
202303 23.511 301.836 25.721
202306 23.564 305.109 25.503
202309 24.697 307.789 26.496
202312 24.266 306.746 26.122
202403 24.462 312.332 25.862
202406 24.596 314.175 25.852
202409 24.467 315.301 25.624
202412 26.058 315.605 27.264
202503 25.542 319.799 26.374
202506 24.107 322.561 24.679
202509 24.219 324.800 24.623
202512 24.358 324.054 24.821
202603 24.857 330.213 24.857

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 2.74 mean?
Alliant Energy (FRA:AY1) has a Cyclically Adjusted PB Ratio of 2.74 as of Jul. 30, 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 Alliant Energy and its competitors. This is near median its historical median of 2.64. Over the past decade, Alliant Energy's Cyclically Adjusted PB Ratio has ranged from 1.98 to 3.46. According to the industry distribution chart, Alliant Energy ranks #354 out of 439 companies in the Utilities - Regulated industry, placing it in the top 80.6%.
Is Alliant Energy's Cyclically Adjusted PB Ratio too high?
Alliant Energy's current Cyclically Adjusted PB Ratio of 2.74 is near median its 10-year median of 2.64. Over the past 10 years, this metric has ranged from a low of 1.98 to a high of 3.46. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.54. Alliant Energy's value of 2.74 is 77.9% above this industry median. Based on the distribution chart, Alliant Energy ranks #354 out of 439 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Alliant Energy has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Alliant Energy's Cyclically Adjusted PB Ratio compare to EVRG and CMS?
According to the Utilities - Regulated industry distribution chart, Alliant Energy ranks #354 out of 439 companies for Cyclically Adjusted PB Ratio. This places Alliant Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.54. Alliant Energy's value of 2.74 is 77.9% above this benchmark. Historically, Alliant Energy's own Cyclically Adjusted PB Ratio has ranged from 1.98 to 3.46 over the past decade. While the company's 10-year median is 2.64 vs. the industry median of 1.54, Alliant 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 1.54, based on 439 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. Alliant Energy's current Cyclically Adjusted PB Ratio of 2.74 is 77.9% 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 Alliant Energy and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Alliant Energy's current Cyclically Adjusted PB Ratio is 2.74, which is near median its own 10-year median of 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alliant Energy stock overvalued right now?
Alliant Energy (FRA:AY1) has a current Cyclically Adjusted PB Ratio of 2.74. The stock's GF Value™ is €58.64, compared to a current price of €64.12 — trading 9.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.74, which is near median its 10-year median of 2.64 and 77.9% above the Utilities - Regulated industry median of 1.54. Alliant Energy's overall GF Score™ is 77/100 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 Alliant Energy (FRA:AY1), the current Cyclically Adjusted PB Ratio is 2.74 as of Jul. 30, 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 Alliant Energy (FRA:AY1) Overvalued in 2026?

Based on GuruFocus' analysis, Alliant Energy stock appears to be overvalued. The current stock price of €64.12 is trading 9.3% above its estimated GF Value™ of €58.64.

Key valuation signals for FRA:AY1:

  • Cyclically Adjusted PB Ratio: 2.74 (near median its 10-year median of 2.64)
  • GF Value™: €58.64 vs. price of €64.12 (9.3% above fair value)
  • GF Score™: 77/100 with 10 warning signs
  • Industry Position: 77.9% above the Utilities - Regulated median (#354 of 439)

No single metric tells the full story. See the FRA:AY1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Alliant Energy Business Description

Other Exchanges LNT:USA0HCT:UKAY1:Germany
Address 4902 North Biltmore Lane, Madison, WI, USA, 53718
Alliant Energy is the parent of two regulated utilities, Interstate Power and Light and Wisconsin Power and Light. Together, IPL and WPL serve nearly 1 million electric customers and 425,000 natural gas-only customers. Both subsidiaries engage in the generation and distribution of electricity and the distribution and transportation of natural gas. Alliant also owns a 16% interest in American Transmission.
77GF Score

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

€64.12
Price
€58.64
GF Value