Chesapeake Utilities (FRA:CH5) Cyclically Adjusted PB Ratio: 2.42 (As of Sep. 16, 2026) — 32% Below Median

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FRA:CH5 Chesapeake Utilities Corp FRA:CH5
82 GF Score
Price €111.00
GF Value €117.21
! 5 Warning Signs
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What is Chesapeake Utilities Cyclically Adjusted PB Ratio?

Chesapeake Utilities FRA:CH5 82 Cyclically Adjusted PB Ratio is 2.42 as of Sep. 16, 2026, which is 32% below its 10-year median of 3.57. GuruFocus rates FRA:CH5 with a GF Score™ of 82/100 and a GF Value™ of €117.21. The stock has 5 warning signs investors should review. Among 425 Utilities - Regulated companies, Chesapeake Utilities ranks worse than 78.82% on this metric.

As of today (2026-09-16), Chesapeake Utilities's current share price is €111.00. Chesapeake Utilities's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €45.91. Chesapeake Utilities's Cyclically Adjusted PB Ratio for today is 2.42.

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

FRA:CH5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.24   Med: 3.57   Max: 4.71
Current: 2.52

During the past years, Chesapeake Utilities's highest Cyclically Adjusted PB Ratio was 4.71. The lowest was 2.24. And the median was 3.57.

FRA:CH5's Cyclically Adjusted PB Ratio is ranked worse than
78.82% of 425 companies
in the Utilities - Regulated industry
Industry Median: 1.49 vs FRA:CH5: 2.52

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.

Chesapeake Utilities's adjusted book value per share data for the three months ended in Jun. 2026 was €61.126. 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 €45.91 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chesapeake Utilities  (FRA:CH5) 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.


Chesapeake Utilities Cyclically Adjusted PB Ratio Related Terms


Chesapeake Utilities Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Chesapeake Utilities'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.

Chesapeake Utilities Cyclically Adjusted PB Ratio Chart

Chesapeake Utilities 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 4.56 3.55 2.63 2.82 2.35

Chesapeake Utilities 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 2.46 2.68 2.44 2.40 2.33

FRA:CH5 vs MDU, NWN, CTRI: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Gas subindustry, Chesapeake Utilities'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.


Chesapeake Utilities Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


FRA:CH5
82GF Score
Chesapeake Utilities Corp FRA:CH5
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chesapeake Utilities 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.

Chesapeake Utilities's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=111.00/45.909
=2.42

* 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.

Chesapeake Utilities's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Chesapeake Utilities'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)
=61.126/333.9520*333.9520
=61.126

Current CPI (Jun. 2026) = 333.9520.

Chesapeake Utilities Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.931 241.428 33.102
201612 25.941 241.432 35.882
201703 26.382 243.801 36.137
201706 24.766 244.955 33.764
201709 24.004 246.819 32.478
201712 24.778 246.524 33.565
201803 25.105 249.554 33.595
201806 26.564 251.989 35.204
201809 26.719 252.439 35.347
201812 27.690 251.233 36.807
201903 29.528 254.202 38.792
201906 29.142 256.143 37.995
201909 30.459 256.759 39.616
201912 30.499 256.974 39.635
202003 32.395 258.115 41.913
202006 32.084 257.797 41.562
202009 31.497 260.280 40.412
202012 32.627 260.474 41.831
202103 35.274 264.877 44.473
202106 35.594 271.696 43.750
202109 36.842 274.310 44.852
202112 38.557 278.802 46.184
202203 40.857 287.504 47.458
202206 43.995 296.311 49.584
202209 46.867 296.808 52.732
202212 43.983 296.797 49.489
202303 44.422 301.836 49.149
202306 44.511 305.109 48.719
202309 45.996 307.789 49.906
202312 50.979 306.746 55.500
202403 53.264 312.332 56.951
202406 54.000 314.175 57.399
202409 53.049 315.301 56.187
202412 58.922 315.605 62.347
202503 58.030 319.799 60.598
202506 54.529 322.561 56.455
202509 54.893 324.800 56.440
202512 57.267 324.054 59.016
202603 59.722 330.213 60.398
202606 61.126 333.952 61.126

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 2.42 mean?
Chesapeake Utilities (FRA:CH5) has a Cyclically Adjusted PB Ratio of 2.42 as of Sep. 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 Chesapeake Utilities and its competitors. This is 32% below median its historical median of 3.57. Over the past decade, Chesapeake Utilities' Cyclically Adjusted PB Ratio has ranged from 2.24 to 4.71. According to the industry distribution chart, Chesapeake Utilities ranks #335 out of 425 companies in the Utilities - Regulated industry, placing it in the top 78.8%.
Is Chesapeake Utilities' Cyclically Adjusted PB Ratio too high?
Chesapeake Utilities' current Cyclically Adjusted PB Ratio of 2.42 is 32% below median its 10-year median of 3.57. Over the past 10 years, this metric has ranged from a low of 2.24 to a high of 4.71. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.49. Chesapeake Utilities' value of 2.42 is 62.4% above this industry median. Based on the distribution chart, Chesapeake Utilities ranks #335 out of 425 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Chesapeake Utilities has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Chesapeake Utilities' Cyclically Adjusted PB Ratio compare to MDU and NWN?
According to the Utilities - Regulated industry distribution chart, Chesapeake Utilities ranks #335 out of 425 companies for Cyclically Adjusted PB Ratio. This places Chesapeake Utilities in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.49. Chesapeake Utilities' value of 2.42 is 62.4% above this benchmark. Historically, Chesapeake Utilities' own Cyclically Adjusted PB Ratio has ranged from 2.24 to 4.71 over the past decade. While the company's 10-year median is 3.57 vs. the industry median of 1.49, Chesapeake Utilities 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 1.49, based on 425 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. Chesapeake Utilities's current Cyclically Adjusted PB Ratio of 2.42 is 62.4% 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 Chesapeake Utilities and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chesapeake Utilities's current Cyclically Adjusted PB Ratio is 2.42, which is 32% below median its own 10-year median of 3.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chesapeake Utilities stock overvalued right now?
Chesapeake Utilities (FRA:CH5) has a current Cyclically Adjusted PB Ratio of 2.42. The stock's GF Value™ is €117.21, compared to a current price of €111.00 — trading 5.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.42, which is 32% below median its 10-year median of 3.57 and 62.4% above the Utilities - Regulated industry median of 1.49. Chesapeake Utilities' overall GF Score™ is 82/100 with 5 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 Chesapeake Utilities (FRA:CH5), the current Cyclically Adjusted PB Ratio is 2.42 as of Sep. 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 Chesapeake Utilities (FRA:CH5) Overvalued in 2026?

Based on GuruFocus' analysis, Chesapeake Utilities stock appears to be undervalued. The current stock price of €111.00 is trading 5.3% below its estimated GF Value™ of €117.21.

Key valuation signals for FRA:CH5:

  • Cyclically Adjusted PB Ratio: 2.42 (32% below median its 10-year median of 3.57)
  • GF Value™: €117.21 vs. price of €111.00 (5.3% below fair value)
  • GF Score™: 82/100 with 5 warning signs
  • Industry Position: 62.4% above the Utilities - Regulated median (#335 of 425)

No single metric tells the full story. See the FRA:CH5 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chesapeake Utilities Business Description

Other Exchanges CPK:USACH5:Germany
Address 500 Energy Lane, Suite 400, Dover, DE, USA, 19901
Chesapeake Utilities Corp is an energy delivery company engaged in the distribution of natural gas, electricity, and propane; the transmission of natural gas; the generation of electricity and steam; and providing mobile compressed natural gas and other energy-related services to its customers. The company operates in two reportable segments, Regulated Energy and Unregulated Energy. The company's natural gas and electric distribution operations in Delaware, Maryland, and Florida are subject to regulation by PSC. Eastern Shore's natural gas transmission is subject to regulation by the FERC, and Peninsula Pipeline and Aspire Energy Express, its intrastate pipeline subsidiaries, are subject to regulation by the Florida PSC and Public Utilities Commission of Ohio, respectively.
82GF Score

Get the complete analysis for FRA:CH5

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

€111.00
Price
€117.21
GF Value