CenterPoint Energy (FRA:HOU) Cyclically Adjusted PB Ratio: (As of Sep. 21, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
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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.
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Charlie Tian
Charlie Tian
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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.

FRA:HOU CenterPoint Energy Inc FRA:HOU
66 GF Score
Price €33.26
GF Value €31.22
Valuation Fairly Valued
! 5 Warning Signs
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What is CenterPoint Energy Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CenterPoint Energy  (FRA:HOU) 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.


CenterPoint Energy Cyclically Adjusted PB Ratio Related Terms


CenterPoint Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for CenterPoint 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.

CenterPoint Energy Cyclically Adjusted PB Ratio Chart

CenterPoint 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 2.40 2.49 2.10 2.36 2.36

CenterPoint 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 2.35 2.50 2.43 2.71 2.79

FRA:HOU vs PPL, FE, ES: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, CenterPoint 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.


CenterPoint Energy Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


FRA:HOU
66GF Score
CenterPoint Energy Inc FRA:HOU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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CenterPoint 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.

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

For example, CenterPoint 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)
=15.562/333.9520*333.9520
=15.562

Current CPI (Jun. 2026) = 333.9520.

CenterPoint Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.174 241.428 9.923
201612 7.617 241.432 10.536
201703 7.674 243.801 10.512
201706 7.248 244.955 9.881
201709 7.100 246.819 9.606
201712 9.057 246.524 12.269
201803 9.153 249.554 12.249
201806 9.269 251.989 12.284
201809 9.412 252.439 12.451
201812 11.027 251.233 14.658
201903 11.485 254.202 15.088
201906 11.395 256.143 14.856
201909 12.065 256.759 15.692
201912 11.741 256.974 15.258
202003 9.483 258.115 12.269
202006 10.873 257.797 14.085
202009 9.285 260.280 11.913
202012 8.872 260.474 11.375
202103 9.795 264.877 12.349
202106 10.143 271.696 12.467
202109 11.080 274.310 13.489
202112 12.059 278.802 14.444
202203 13.081 287.504 15.194
202206 14.030 296.311 15.812
202209 14.916 296.808 16.783
202212 13.770 296.797 15.494
202303 13.953 301.836 15.438
202306 13.908 305.109 15.223
202309 14.342 307.789 15.561
202312 13.864 306.746 15.094
202403 14.621 312.332 15.633
202406 15.049 314.175 15.996
202409 14.484 315.301 15.341
202412 15.805 315.605 16.724
202503 15.537 319.799 16.225
202506 14.379 322.561 14.887
202509 14.385 324.800 14.790
202512 14.546 324.054 14.990
202603 15.190 330.213 15.362
202606 15.562 333.952 15.562

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.

Is CenterPoint Energy (FRA:HOU) Overvalued in 2026?

Based on GuruFocus' analysis, CenterPoint Energy stock appears to be overvalued. The current stock price of €33.26 is trading 6.5% above its estimated GF Value™ of €31.22. GuruFocus considers CenterPoint Energy to be Fairly Valued.

Key valuation signals for FRA:HOU:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €31.22 vs. price of €33.26 (6.5% above fair value)
  • GF Score™: 66/100 with 5 warning signs

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


CenterPoint Energy Business Description

Other Exchanges CNP:USA0HVF:UK
Address 1111 Louisiana, Houston, TX, USA, 77002
CenterPoint Energy owns a portfolio of businesses. Its regulated electric utilities provide transmission and distribution services to more than 2.5 million customers in the Houston area, southern Indiana, and west central Ohio.
66GF Score

Get the complete analysis for FRA:HOU

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

€33.26
Price
€31.22
GF Value