Cheniere Energy (FRA:CHQ1) Cyclically Adjusted PB Ratio: 13.57 (As of Sep. 16, 2026) — 86% Below Median

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FRA:CHQ1 Cheniere Energy Inc FRA:CHQ1
82 GF Score
Price €235.10
GF Value €230.97
Valuation Fairly Valued
! 3 Warning Signs
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What is Cheniere Energy Cyclically Adjusted PB Ratio?

Cheniere Energy FRA:CHQ1 -2.04% 82 Cyclically Adjusted PB Ratio is 13.57 as of Sep. 16, 2026, which is 86% below its 10-year median of 99.33. GuruFocus rates FRA:CHQ1 with a GF Score™ of 82/100 and a GF Value™ of €230.97 (Fairly Valued). The stock has 3 warning signs investors should review. Among 754 Oil & Gas companies, Cheniere Energy ranks worse than 99.34% on this metric.

As of today (2026-09-16), Cheniere Energy's current share price is €235.10. Cheniere Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €17.32. Cheniere Energy's Cyclically Adjusted PB Ratio for today is 13.57.

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

FRA:CHQ1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 62.43   Med: 99.33   Max: 718.47
Current: 70.62

During the past years, Cheniere Energy's highest Cyclically Adjusted PB Ratio was 718.47. The lowest was 62.43. And the median was 99.33.

FRA:CHQ1's Cyclically Adjusted PB Ratio is ranked worse than
99.34% of 754 companies
in the Oil & Gas industry
Industry Median: 1.265 vs FRA:CHQ1: 70.62

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.

Cheniere Energy's adjusted book value per share data for the three months ended in Jun. 2026 was €48.340. 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 €17.32 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cheniere Energy  (FRA:CHQ1) 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.


Cheniere Energy Cyclically Adjusted PB Ratio Related Terms


Cheniere Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Cheniere 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.

Cheniere Energy Cyclically Adjusted PB Ratio Chart

Cheniere 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 13.00 21.61 17.25 16.27 9.53

Cheniere 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 15.76 14.31 10.84 15.04 12.23

FRA:CHQ1 vs OKE, MPLX, TRGP: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Midstream subindustry, Cheniere 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.


Cheniere Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cheniere Energy's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:CHQ1
82GF Score
Cheniere Energy Inc FRA:CHQ1
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cheniere 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=235.10/17.323
=13.57

* 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.

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

For example, Cheniere Energy'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)
=48.34/333.9520*333.9520
=48.340

Current CPI (Jun. 2026) = 333.9520.

Cheniere Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.671 241.428 3.695
201612 3.340 241.432 4.620
201703 3.910 243.801 5.356
201706 3.702 244.955 5.047
201709 3.852 246.819 5.212
201712 4.346 246.524 5.887
201803 5.834 249.554 7.807
201806 5.986 251.989 7.933
201809 6.132 252.439 8.112
201812 6.566 251.233 8.728
201903 7.397 254.202 9.718
201906 6.899 256.143 8.995
201909 5.345 256.759 6.952
201912 8.554 256.974 11.116
202003 9.829 258.115 12.717
202006 10.577 257.797 13.702
202009 7.936 260.280 10.182
202012 7.185 260.474 9.212
202103 8.794 264.877 11.087
202106 7.837 271.696 9.633
202109 4.129 274.310 5.027
202112 -0.114 278.802 -0.137
202203 -4.448 287.504 -5.167
202206 -4.565 296.311 -5.145
202209 -17.687 296.808 -19.900
202212 -0.653 296.797 -0.735
202303 20.589 301.836 22.780
202306 24.701 305.109 27.036
202309 31.274 307.789 33.932
202312 34.323 306.746 37.367
202403 33.391 312.332 35.702
202406 35.341 314.175 37.566
202409 37.180 315.301 39.379
202412 43.371 315.605 45.892
202503 41.954 319.799 43.811
202506 43.495 322.561 45.031
202509 44.908 324.800 46.173
202512 52.427 324.054 54.028
202603 35.823 330.213 36.229
202606 48.340 333.952 48.340

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 13.57 mean?
Cheniere Energy (FRA:CHQ1) has a Cyclically Adjusted PB Ratio of 13.57 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 Cheniere Energy and its competitors. This is 86% below median its historical median of 99.33. Over the past decade, Cheniere Energy's Cyclically Adjusted PB Ratio has ranged from 62.43 to 718.47. According to the industry distribution chart, Cheniere Energy ranks #749 out of 754 companies in the Oil & Gas industry, placing it in the top 99.3%.
Is Cheniere Energy's Cyclically Adjusted PB Ratio too high?
Cheniere Energy's current Cyclically Adjusted PB Ratio of 13.57 is 86% below median its 10-year median of 99.33. Over the past 10 years, this metric has ranged from a low of 62.43 to a high of 718.47. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.27. Cheniere Energy's value of 13.57 is 972.7% above this industry median. Based on the distribution chart, Cheniere Energy ranks #749 out of 754 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Cheniere Energy has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cheniere Energy's Cyclically Adjusted PB Ratio compare to OKE and MPLX?
According to the Oil & Gas industry distribution chart, Cheniere Energy ranks #749 out of 754 companies for Cyclically Adjusted PB Ratio. This places Cheniere Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Cheniere Energy's value of 13.57 is 972.7% above this benchmark. Historically, Cheniere Energy's own Cyclically Adjusted PB Ratio has ranged from 62.43 to 718.47 over the past decade. While the company's 10-year median is 99.33 vs. the industry median of 1.27, Cheniere 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 Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.27, based on 754 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. Cheniere Energy's current Cyclically Adjusted PB Ratio of 13.57 is 972.7% 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 Cheniere Energy and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheniere Energy's current Cyclically Adjusted PB Ratio is 13.57, which is 86% below median its own 10-year median of 99.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheniere Energy stock overvalued right now?
Based on GuruFocus' analysis, Cheniere Energy (FRA:CHQ1) is currently considered Fairly Valued. The stock's GF Value™ is €230.97, compared to a current price of €235.10 — trading 1.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 13.57, which is 86% below median its 10-year median of 99.33 and 972.7% above the Oil & Gas industry median of 1.27. Cheniere Energy's overall GF Score™ is 82/100 with 3 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 Cheniere Energy (FRA:CHQ1), the current Cyclically Adjusted PB Ratio is 13.57 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 Cheniere Energy (FRA:CHQ1) Overvalued in 2026?

Based on GuruFocus' analysis, Cheniere Energy stock appears to be overvalued. The current stock price of €235.10 is trading 1.8% above its estimated GF Value™ of €230.97. GuruFocus considers Cheniere Energy to be Fairly Valued.

Key valuation signals for FRA:CHQ1:

  • Cyclically Adjusted PB Ratio: 13.57 (86% below median its 10-year median of 99.33)
  • GF Value™: €230.97 vs. price of €235.10 (1.8% above fair value)
  • GF Score™: 82/100 with 3 warning signs
  • Industry Position: 972.7% above the Oil & Gas median (#749 of 754)

No single metric tells the full story. See the FRA:CHQ1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheniere Energy Business Description

Industry EnergyOil & Gas
Address 845 Texas Avenue, Suite 1250, Houston, TX, USA, 77002
Cheniere Energy is a liquified natural gas, or LNG, producer with two facilities in Corpus Christi, Texas and Sabine Pass, Louisiana. It generates most of its revenue through long-term contracts with customers on a fixed and variable fee payout structure. It also generates revenue by selling uncontracted LNG to customers on a short or one-time basis. A subsidiary, Cheniere Energy Partners, owns the Sabine Pass facility and trades as a master limited partnership.
82GF Score

Get the complete analysis for FRA:CHQ1

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

€235.10
Price
€230.97
GF Value