CenterPoint Energy (FRA:HOU) Cyclically Adjusted PB Ratio: 2.86 (As of Jul. 22, 2026) — 14% Above Median

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FRA:HOU CenterPoint Energy Inc FRA:HOU
62 GF Score
Price €37.30
GF Value €29.37
Valuation Modestly Overvalued
! 11 Warning Signs
View Full Analysis

What is CenterPoint Energy Cyclically Adjusted PB Ratio?

CenterPoint Energy FRA:HOU -0.05% 62 Cyclically Adjusted PB Ratio is 2.86 as of Jul. 22, 2026, which is 14% above its 10-year median of 2.51. GuruFocus rates FRA:HOU with a GF Score™ of 62/100 and a GF Value™ of €29.37 (Modestly Overvalued). The stock has 11 warning signs investors should review. Among 441 Utilities - Regulated companies, CenterPoint Energy ranks worse than 82.77% on this metric.

As of today (2026-07-22), CenterPoint Energy's current share price is €37.30. CenterPoint Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €13.06. CenterPoint Energy's Cyclically Adjusted PB Ratio for today is 2.86.

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

FRA:HOU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 2.51   Max: 3.39
Current: 2.8

During the past years, CenterPoint Energy's highest Cyclically Adjusted PB Ratio was 3.39. The lowest was 1.18. And the median was 2.51.

FRA:HOU's Cyclically Adjusted PB Ratio is ranked worse than
82.77% of 441 companies
in the Utilities - Regulated industry
Industry Median: 1.53 vs FRA:HOU: 2.80

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.

CenterPoint Energy's adjusted book value per share data for the three months ended in Mar. 2026 was €15.139. 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 €13.06 for the trailing ten years ended in Mar. 2026.

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 2.36 2.35 2.13 2.26 2.59

CenterPoint 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 2.54 2.64 2.59 2.83

FRA:HOU vs EIX, FE, PPL: 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
62GF Score
CenterPoint Energy Inc FRA:HOU
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.30/13.06
=2.86

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

For example, CenterPoint 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)
=15.139/330.2130*330.2130
=15.139

Current CPI (Mar. 2026) = 330.2130.

CenterPoint Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 7.020 241.018 9.618
201609 7.183 241.428 9.825
201612 7.616 241.432 10.417
201703 7.674 243.801 10.394
201706 7.357 244.955 9.918
201709 7.042 246.819 9.421
201712 9.190 246.524 12.310
201803 9.129 249.554 12.080
201806 9.263 251.989 12.138
201809 9.369 252.439 12.255
201812 11.080 251.233 14.563
201903 11.413 254.202 14.826
201906 11.484 256.143 14.805
201909 11.943 256.759 15.360
201912 11.861 256.974 15.241
202003 9.416 258.115 12.046
202006 9.701 257.797 12.426
202009 9.244 260.280 11.728
202012 8.923 260.474 11.312
202103 9.670 264.877 12.055
202106 9.983 271.696 12.133
202109 10.915 274.310 13.139
202112 12.141 278.802 14.380
202203 13.215 287.504 15.178
202206 13.875 296.311 15.462
202209 14.759 296.808 16.420
202212 13.878 296.797 15.441
202303 14.159 301.836 15.490
202306 14.006 305.109 15.158
202309 14.228 307.789 15.265
202312 14.044 306.746 15.118
202403 14.527 312.332 15.359
202406 14.984 314.175 15.749
202409 14.565 315.301 15.254
202412 15.629 315.605 16.352
202503 15.525 319.799 16.031
202506 14.634 322.561 14.981
202509 14.401 324.800 14.641
202512 14.589 324.054 14.866
202603 15.139 330.213 15.139

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 2.86 mean?
CenterPoint Energy (FRA:HOU) has a Cyclically Adjusted PB Ratio of 2.86 as of Jul. 22, 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 CenterPoint Energy and its competitors. This is 14% above median its historical median of 2.51. Over the past decade, CenterPoint Energy's Cyclically Adjusted PB Ratio has ranged from 1.18 to 3.39. According to the industry distribution chart, CenterPoint Energy ranks #365 out of 441 companies in the Utilities - Regulated industry, placing it in the top 82.8%.
Is CenterPoint Energy's Cyclically Adjusted PB Ratio too high?
CenterPoint Energy's current Cyclically Adjusted PB Ratio of 2.86 is 14% above median its 10-year median of 2.51. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 3.39. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.53. CenterPoint Energy's value of 2.86 is 86.9% above this industry median. Based on the distribution chart, CenterPoint Energy ranks #365 out of 441 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, CenterPoint Energy has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CenterPoint Energy's Cyclically Adjusted PB Ratio compare to EIX and FE?
According to the Utilities - Regulated industry distribution chart, CenterPoint Energy ranks #365 out of 441 companies for Cyclically Adjusted PB Ratio. This places CenterPoint Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.53. CenterPoint Energy's value of 2.86 is 86.9% above this benchmark. Historically, CenterPoint Energy's own Cyclically Adjusted PB Ratio has ranged from 1.18 to 3.39 over the past decade. While the company's 10-year median is 2.51 vs. the industry median of 1.53, CenterPoint 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 1.53, based on 441 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. CenterPoint Energy's current Cyclically Adjusted PB Ratio of 2.86 is 86.9% 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 CenterPoint Energy 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. CenterPoint Energy's current Cyclically Adjusted PB Ratio is 2.86, which is 14% above median its own 10-year median of 2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CenterPoint Energy stock overvalued right now?
Based on GuruFocus' analysis, CenterPoint Energy (FRA:HOU) is currently considered Modestly Overvalued. The stock's GF Value™ is €29.37, compared to a current price of €37.30 — trading 27% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.86, which is 14% above median its 10-year median of 2.51 and 86.9% above the Utilities - Regulated industry median of 1.53. CenterPoint Energy's overall GF Score™ is 62/100 with 11 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 CenterPoint Energy (FRA:HOU), the current Cyclically Adjusted PB Ratio is 2.86 as of Jul. 22, 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 CenterPoint Energy (FRA:HOU) Overvalued in 2026?

Based on GuruFocus' analysis, CenterPoint Energy stock appears to be overvalued. The current stock price of €37.30 is trading 27% above its estimated GF Value™ of €29.37. GuruFocus considers CenterPoint Energy to be Modestly Overvalued.

Key valuation signals for FRA:HOU:

  • Cyclically Adjusted PB Ratio: 2.86 (14% above median its 10-year median of 2.51)
  • GF Value™: €29.37 vs. price of €37.30 (27% above fair value)
  • GF Score™: 62/100 with 11 warning signs
  • Industry Position: 86.9% above the Utilities - Regulated median (#365 of 441)

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.
62GF 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.

€37.30
Price
€29.37
GF Value