HUBB (Hubbell) Cyclically Adjusted PB Ratio: 9.88 (As of Aug. 14, 2026) — 91% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HUBB Hubbell Inc HUBB
91 GF Score
Price $507.10
GF Value $483.19
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Hubbell Cyclically Adjusted PB Ratio?

Hubbell HUBB -1.13% 91 Cyclically Adjusted PB Ratio is 9.88 as of Aug. 14, 2026, which is 91% above its 10-year median of 5.17. GuruFocus rates HUBB with a GF Score™ of 91/100 and a GF Value™ of $483.19 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,229 Industrial Products companies, Hubbell ranks worse than 92.24% on this metric.

As of today (2026-08-14), Hubbell's current share price is $507.10. Hubbell's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $51.35. Hubbell's Cyclically Adjusted PB Ratio for today is 9.88.

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

HUBB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.04   Med: 5.17   Max: 11.08
Current: 9.99

During the past years, Hubbell's highest Cyclically Adjusted PB Ratio was 11.08. The lowest was 3.04. And the median was 5.17.

HUBB's Cyclically Adjusted PB Ratio is ranked worse than
92.24% of 2229 companies
in the Industrial Products industry
Industry Median: 2.17 vs HUBB: 9.99

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.

Hubbell's adjusted book value per share data for the three months ended in Jun. 2026 was $74.043. 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 $51.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hubbell  (NYSE:HUBB) 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.


Hubbell Cyclically Adjusted PB Ratio Related Terms


Hubbell Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Hubbell'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.

Hubbell Cyclically Adjusted PB Ratio Chart

Hubbell 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 5.72 5.92 7.83 9.38 9.22

Hubbell 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 8.76 9.05 9.22 9.83 10.19

HUBB vs NVT, AEIS, AYI: Cyclically Adjusted PB Ratio Comparison

For the Electrical Equipment & Parts subindustry, Hubbell'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.


Hubbell Cyclically Adjusted PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hubbell's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


HUBB
91GF Score
Hubbell Inc HUBB
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hubbell 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.

Hubbell's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=507.10/51.35
=9.88

* 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.

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

For example, Hubbell'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)
=74.043/333.9520*333.9520
=74.043

Current CPI (Jun. 2026) = 333.9520.

Hubbell Quarterly Data

Book Value per Share CPI Adj_Book
201609 29.341 241.428 40.586
201612 28.683 241.432 39.675
201703 28.704 243.801 39.318
201706 29.109 244.955 39.685
201709 30.274 246.819 40.961
201712 29.777 246.524 40.337
201803 30.328 249.554 40.585
201806 30.746 251.989 40.747
201809 32.080 252.439 42.439
201812 32.543 251.233 43.258
201903 33.173 254.202 43.580
201906 33.743 256.143 43.993
201909 34.992 256.759 45.512
201912 35.717 256.974 46.416
202003 35.215 258.115 45.562
202006 36.142 257.797 46.819
202009 37.186 260.280 47.711
202012 38.063 260.474 48.800
202103 38.344 264.877 48.343
202106 39.090 271.696 48.047
202109 39.860 274.310 48.527
202112 40.900 278.802 48.990
202203 41.246 287.504 47.910
202206 42.045 296.311 47.386
202209 43.174 296.808 48.577
202212 43.973 296.797 49.478
202303 46.142 301.836 51.052
202306 48.865 305.109 53.484
202309 51.082 307.789 55.424
202312 53.545 306.746 58.294
202403 54.587 312.332 58.366
202406 56.866 314.175 60.446
202409 59.902 315.301 63.445
202412 63.173 315.605 66.845
202503 60.878 319.799 63.572
202506 65.632 322.561 67.950
202509 69.275 324.800 71.227
202512 72.256 324.054 74.463
202603 71.252 330.213 72.059
202606 74.043 333.952 74.043

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 9.88 mean?
Hubbell (HUBB) has a Cyclically Adjusted PB Ratio of 9.88 as of Aug. 14, 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 Hubbell and its competitors. This is 91% above median its historical median of 5.17. Over the past decade, Hubbell's Cyclically Adjusted PB Ratio has ranged from 3.04 to 11.08. According to the industry distribution chart, Hubbell ranks #2056 out of 2229 companies in the Industrial Products industry, placing it in the top 92.2%.
Is Hubbell's Cyclically Adjusted PB Ratio too high?
Hubbell's current Cyclically Adjusted PB Ratio of 9.88 is 91% above median its 10-year median of 5.17. Over the past 10 years, this metric has ranged from a low of 3.04 to a high of 11.08. The Industrial Products industry median Cyclically Adjusted PB Ratio is 2.17. Hubbell's value of 9.88 is 355.3% above this industry median. Based on the distribution chart, Hubbell ranks #2056 out of 2229 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hubbell has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Hubbell's Cyclically Adjusted PB Ratio compare to NVT and AEIS?
According to the Industrial Products industry distribution chart, Hubbell ranks #2056 out of 2229 companies for Cyclically Adjusted PB Ratio. This places Hubbell in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.17. Hubbell's value of 9.88 is 355.3% above this benchmark. Historically, Hubbell's own Cyclically Adjusted PB Ratio has ranged from 3.04 to 11.08 over the past decade. While the company's 10-year median is 5.17 vs. the industry median of 2.17, Hubbell 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 Industrial Products company?
The median Cyclically Adjusted PB Ratio among Industrial Products companies is 2.17, based on 2,229 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. Hubbell's current Cyclically Adjusted PB Ratio of 9.88 is 355.3% 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 Hubbell and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PB Ratio is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hubbell's current Cyclically Adjusted PB Ratio is 9.88, which is 91% above median its own 10-year median of 5.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hubbell stock overvalued right now?
Based on GuruFocus' analysis, Hubbell (HUBB) is currently considered Fairly Valued. The stock's GF Value™ is $483.19, compared to a current price of $507.10 — trading 4.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 9.88, which is 91% above median its 10-year median of 5.17 and 355.3% above the Industrial Products industry median of 2.17. Hubbell's overall GF Score™ is 91/100 with 4 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 Hubbell (HUBB), the current Cyclically Adjusted PB Ratio is 9.88 as of Aug. 14, 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 Hubbell (HUBB) Overvalued in 2026?

Based on GuruFocus' analysis, Hubbell stock appears to be overvalued. The current stock price of $507.10 is trading 4.9% above its estimated GF Value™ of $483.19. GuruFocus considers Hubbell to be Fairly Valued.

Key valuation signals for HUBB:

  • Cyclically Adjusted PB Ratio: 9.88 (91% above median its 10-year median of 5.17)
  • GF Value™: $483.19 vs. price of $507.10 (4.9% above fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 355.3% above the Industrial Products median (#2056 of 2229)

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


Hubbell Business Description

Other Exchanges HUBB:MexicoHUEC:Germany
Address 40 Waterview Drive, Shelton, CT, USA, 06484
Founded in 1888 by Harvey Hubbell, the eponymous company was the conduit through which the pull-chain lamp socket was originally sold. Hubbell has since grown into an electricity transmission and distribution behemoth, housing more than 75 brands that sell components found on power lines, in electrical substations, and in commercial and industrial buildings. The company's primary operations are in the United States, where around 90% of revenue is derived.
91GF Score

Get the complete analysis for HUBB

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

$507.10
Price
$483.19
GF Value