GEL (Genesis Energy LP) Cyclically Adjusted PB Ratio: 0.97 (As of Aug. 18, 2026) — 29% Above Median

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GEL Genesis Energy LP GEL
60 GF Score
Price $16.00
GF Value $17.83
Valuation Modestly Undervalued
! 10 Warning Signs
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What is Genesis Energy LP Cyclically Adjusted PB Ratio?

Genesis Energy LP GEL +1.14% 60 Cyclically Adjusted PB Ratio is 0.97 as of Aug. 18, 2026, which is 29% above its 10-year median of 0.75. GuruFocus rates GEL with a GF Score™ of 60/100 and a GF Value™ of $17.83 (Modestly Undervalued). The stock has 10 warning signs investors should review. Among 762 Oil & Gas companies, Genesis Energy LP ranks better than 59.19% on this metric.

As of today (2026-08-18), Genesis Energy LP's current share price is $16.00. Genesis Energy LP's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $16.49. Genesis Energy LP's Cyclically Adjusted PB Ratio for today is 0.97.

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

GEL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 0.75   Max: 3.07
Current: 0.97

During the past years, Genesis Energy LP's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 0.19. And the median was 0.75.

GEL's Cyclically Adjusted PB Ratio is ranked better than
59.19% of 762 companies
in the Oil & Gas industry
Industry Median: 1.21 vs GEL: 0.97

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.

Genesis Energy LP's adjusted book value per share data for the three months ended in Jun. 2026 was $-0.096. 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 $16.49 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genesis Energy LP  (NYSE:GEL) 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.


Genesis Energy LP Cyclically Adjusted PB Ratio Related Terms


Genesis Energy LP Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Genesis Energy LP'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.

Genesis Energy LP Cyclically Adjusted PB Ratio Chart

Genesis Energy LP 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 0.60 0.55 0.62 0.54 0.91

Genesis Energy LP 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 0.94 0.94 0.91 1.05 0.86

GEL vs LPG, NGL, FLNG: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Midstream subindustry, Genesis Energy LP'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.


Genesis Energy LP Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


GEL
60GF Score
Genesis Energy LP GEL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Genesis Energy LP 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.00/16.49
=0.97

* 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.

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

For example, Genesis Energy LP'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)
=-0.096/333.9520*333.9520
=-0.096

Current CPI (Jun. 2026) = 333.9520.

Genesis Energy LP Quarterly Data

Book Value per Share CPI Adj_Book
201609 18.570 241.428 25.687
201612 18.057 241.432 24.977
201703 18.063 243.801 24.742
201706 17.619 244.955 24.020
201709 22.590 246.819 30.565
201712 22.212 246.524 30.089
201803 21.730 249.554 29.079
201806 21.291 251.989 28.216
201809 20.750 252.439 27.450
201812 20.013 251.233 26.602
201903 19.585 254.202 25.729
201906 19.307 256.143 25.172
201909 18.748 256.759 24.384
201912 18.152 256.974 23.590
202003 17.652 258.115 22.838
202006 14.687 257.797 19.026
202009 14.143 260.280 18.146
202012 13.135 260.474 16.840
202103 12.554 264.877 15.828
202106 11.913 271.696 14.643
202109 11.441 274.310 13.929
202112 11.632 278.802 13.933
202203 11.278 287.504 13.100
202206 11.265 296.311 12.696
202209 11.817 296.808 13.296
202212 11.954 296.797 13.450
202303 11.592 301.836 12.825
202306 11.449 305.109 12.531
202309 11.381 307.789 12.348
202312 10.953 306.746 11.924
202403 10.717 312.332 11.459
202406 10.212 314.175 10.855
202409 9.744 315.301 10.320
202412 9.006 315.605 9.530
202503 2.570 319.799 2.684
202506 2.280 322.561 2.361
202509 2.069 324.800 2.127
202512 1.945 324.054 2.004
202603 0.558 330.213 0.564
202606 -0.096 333.952 -0.096

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 0.97 mean?
Genesis Energy LP (GEL) has a Cyclically Adjusted PB Ratio of 0.97 as of Aug. 18, 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 Genesis Energy LP and its competitors. This is 29% above median its historical median of 0.75. Over the past decade, Genesis Energy LP's Cyclically Adjusted PB Ratio has ranged from 0.19 to 3.07. According to the industry distribution chart, Genesis Energy LP ranks #311 out of 762 companies in the Oil & Gas industry, placing it in the top 40.8%.
Is Genesis Energy LP's Cyclically Adjusted PB Ratio too high?
Genesis Energy LP's current Cyclically Adjusted PB Ratio of 0.97 is 29% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 3.07. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.21. Genesis Energy LP's value of 0.97 is 19.8% below this industry median. Based on the distribution chart, Genesis Energy LP ranks #311 out of 762 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Genesis Energy LP has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Genesis Energy LP's Cyclically Adjusted PB Ratio compare to LPG and NGL?
According to the Oil & Gas industry distribution chart, Genesis Energy LP ranks #311 out of 762 companies for Cyclically Adjusted PB Ratio. This puts Genesis Energy LP in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.21. Genesis Energy LP's value of 0.97 is 19.8% below this benchmark. Historically, Genesis Energy LP's own Cyclically Adjusted PB Ratio has ranged from 0.19 to 3.07 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 1.21, Genesis Energy LP has consistently been below 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 1.21, based on 762 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. Genesis Energy LP's current Cyclically Adjusted PB Ratio of 0.97 is 19.8% below 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 Genesis Energy LP and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genesis Energy LP's current Cyclically Adjusted PB Ratio is 0.97, which is 29% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genesis Energy LP stock overvalued right now?
Based on GuruFocus' analysis, Genesis Energy LP (GEL) is currently considered Modestly Undervalued. The stock's GF Value™ is $17.83, compared to a current price of $16.00 — trading 10.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.97, which is 29% above median its 10-year median of 0.75 and 19.8% below the Oil & Gas industry median of 1.21. Genesis Energy LP's overall GF Score™ is 60/100 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 Genesis Energy LP (GEL), the current Cyclically Adjusted PB Ratio is 0.97 as of Aug. 18, 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 Genesis Energy LP (GEL) Overvalued in 2026?

Based on GuruFocus' analysis, Genesis Energy LP stock appears to be undervalued. The current stock price of $16.00 is trading 10.3% below its estimated GF Value™ of $17.83. GuruFocus considers Genesis Energy LP to be Modestly Undervalued.

Key valuation signals for GEL:

  • Cyclically Adjusted PB Ratio: 0.97 (29% above median its 10-year median of 0.75)
  • GF Value™: $17.83 vs. price of $16.00 (10.3% below fair value)
  • GF Score™: 60/100 with 10 warning signs
  • Industry Position: 19.8% below the Oil & Gas median (#311 of 762)

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


Genesis Energy LP Business Description

Industry EnergyOil & Gas
Address 811 Louisiana, Suite 1200, Houston, TX, USA, 77002
Genesis Energy LP focuses on the midstream segment of the crude oil and natural gas industry. It offers various services to crude oil and natural gas producers, and industrial and commercial enterprises. The company's reportable segments are: Offshore pipeline transportation, Marine transportation, and Onshore transportation and services. Maximum revenue is generated from the Offshore pipeline transportation segment, which includes the transportation and processing of crude oil and natural gas in the Gulf of America. The Marine transportation segment provides waterborne transportation of petroleum products and crude oil throughout North America; and the Onshore transportation and services segment deals with crude oil logistics, sour gas processing, and sells sulfur byproducts.
60GF 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.

$16.00
Price
$17.83
GF Value