Dominion Energy (LTS:0IC9) Cyclically Adjusted PB Ratio: 1.85 (As of Aug. 08, 2026) — 35% Below Median

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LTS:0IC9 Dominion Energy Inc LTS:0IC9
78 GF Score
Price $67.63
GF Value $66.45
Valuation Fairly Valued
! 11 Warning Signs
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What is Dominion Energy Cyclically Adjusted PB Ratio?

Dominion Energy LTS:0IC9 +1.55% 78 Cyclically Adjusted PB Ratio is 1.85 as of Aug. 08, 2026, which is 35% below its 10-year median of 2.84. GuruFocus rates LTS:0IC9 with a GF Score™ of 78/100 and a GF Value™ of $66.45 (Fairly Valued). The stock has 11 warning signs investors should review. Among 437 Utilities - Regulated companies, Dominion Energy ranks worse than 62.24% on this metric.

As of today (2026-08-08), Dominion Energy's current share price is $67.63. Dominion Energy's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was $36.50. Dominion Energy's Cyclically Adjusted PB Ratio for today is 1.85.

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

LTS:0IC9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.84   Max: 3.92
Current: 1.87

During the past years, Dominion Energy's highest Cyclically Adjusted PB Ratio was 3.92. The lowest was 1.24. And the median was 2.84.

LTS:0IC9's Cyclically Adjusted PB Ratio is ranked worse than
62.24% of 437 companies
in the Utilities - Regulated industry
Industry Median: 1.52 vs LTS:0IC9: 1.87

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.

Dominion Energy's adjusted book value per share data for the three months ended in Jun. 2026 was $31.757. 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 $36.50 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Dominion Energy  (LTS:0IC9) 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.


Dominion Energy Cyclically Adjusted PB Ratio Related Terms


Dominion Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Dominion 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.

Dominion Energy Cyclically Adjusted PB Ratio Chart

Dominion 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 2.78 2.00 1.45 1.60 1.68

Dominion 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 1.63 1.75 1.68 1.74 1.90

LTS:0IC9 vs PCG, ETR, AEP: Cyclically Adjusted PB Ratio Comparison

For the Utilities - Regulated Electric subindustry, Dominion 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.


Dominion Energy Cyclically Adjusted PB Ratio vs Utilities - Regulated Industry

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

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


LTS:0IC9
78GF Score
Dominion Energy Inc LTS:0IC9
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dominion 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=67.63/36.50
=1.85

* 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.

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

For example, Dominion 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)
=31.757/333.9520*333.9520
=31.757

Current CPI (Jun. 2026) = 333.9520.

Dominion Energy Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.856 241.428 32.998
201612 23.256 241.432 32.168
201703 23.715 243.801 32.484
201706 23.767 244.955 32.402
201709 25.280 246.819 34.204
201712 26.577 246.524 36.002
201803 27.089 249.554 36.250
201806 27.621 251.989 36.605
201809 28.198 252.439 37.303
201812 29.526 251.233 39.247
201903 33.552 254.202 44.078
201906 32.504 256.143 42.378
201909 33.645 256.759 43.760
201912 35.331 256.974 45.915
202003 33.777 258.115 43.701
202006 31.529 257.797 40.843
202009 29.349 260.280 37.656
202012 29.442 260.474 37.747
202103 30.164 264.877 38.030
202106 29.942 271.696 36.803
202109 30.270 274.310 36.851
202112 31.512 278.802 37.745
202203 31.735 287.504 36.862
202206 31.868 296.311 35.916
202209 32.161 296.808 36.186
202212 30.989 296.797 34.868
202303 31.786 301.836 35.168
202306 31.834 305.109 34.843
202309 31.356 307.789 34.021
202312 30.768 306.746 33.497
202403 30.615 312.332 32.734
202406 30.662 314.175 32.592
202409 31.170 315.301 33.014
202412 30.366 315.605 32.131
202503 30.919 319.799 32.287
202506 30.751 322.561 31.837
202509 31.265 324.800 32.146
202512 31.959 324.054 32.935
202603 32.033 330.213 32.396
202606 31.757 333.952 31.757

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 1.85 mean?
Dominion Energy (LTS:0IC9) has a Cyclically Adjusted PB Ratio of 1.85 as of Aug. 08, 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 Dominion Energy and its competitors. This is 35% below median its historical median of 2.84. Over the past decade, Dominion Energy's Cyclically Adjusted PB Ratio has ranged from 1.24 to 3.92. According to the industry distribution chart, Dominion Energy ranks #272 out of 437 companies in the Utilities - Regulated industry, placing it in the top 62.2%.
Is Dominion Energy's Cyclically Adjusted PB Ratio too high?
Dominion Energy's current Cyclically Adjusted PB Ratio of 1.85 is 35% below median its 10-year median of 2.84. Over the past 10 years, this metric has ranged from a low of 1.24 to a high of 3.92. The Utilities - Regulated industry median Cyclically Adjusted PB Ratio is 1.52. Dominion Energy's value of 1.85 is 21.7% above this industry median. Based on the distribution chart, Dominion Energy ranks #272 out of 437 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Dominion Energy has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dominion Energy's Cyclically Adjusted PB Ratio compare to PCG and ETR?
According to the Utilities - Regulated industry distribution chart, Dominion Energy ranks #272 out of 437 companies for Cyclically Adjusted PB Ratio. This places Dominion Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.52. Dominion Energy's value of 1.85 is 21.7% above this benchmark. Historically, Dominion Energy's own Cyclically Adjusted PB Ratio has ranged from 1.24 to 3.92 over the past decade. While the company's 10-year median is 2.84 vs. the industry median of 1.52, Dominion 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 1.52, based on 437 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. Dominion Energy's current Cyclically Adjusted PB Ratio of 1.85 is 21.7% 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 Dominion Energy and its competitors. For the Utilities - Regulated industry, the median Cyclically Adjusted PB Ratio is 1.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dominion Energy's current Cyclically Adjusted PB Ratio is 1.85, which is 35% below median its own 10-year median of 2.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dominion Energy stock overvalued right now?
Based on GuruFocus' analysis, Dominion Energy (LTS:0IC9) is currently considered Fairly Valued. The stock's GF Value™ is $66.45, compared to a current price of $67.63 — trading 1.8% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.85, which is 35% below median its 10-year median of 2.84 and 21.7% above the Utilities - Regulated industry median of 1.52. Dominion Energy's overall GF Score™ is 78/100 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 Dominion Energy (LTS:0IC9), the current Cyclically Adjusted PB Ratio is 1.85 as of Aug. 08, 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 Dominion Energy (LTS:0IC9) Overvalued in 2026?

Based on GuruFocus' analysis, Dominion Energy stock appears to be overvalued. The current stock price of $67.63 is trading 1.8% above its estimated GF Value™ of $66.45. GuruFocus considers Dominion Energy to be Fairly Valued.

Key valuation signals for LTS:0IC9:

  • Cyclically Adjusted PB Ratio: 1.85 (35% below median its 10-year median of 2.84)
  • GF Value™: $66.45 vs. price of $67.63 (1.8% above fair value)
  • GF Score™: 78/100 with 11 warning signs
  • Industry Position: 21.7% above the Utilities - Regulated median (#272 of 437)

No single metric tells the full story. See the LTS:0IC9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dominion Energy Business Description

Address 600 East Canal Street, Richmond, VA, USA, 23219
Based in Richmond, Virginia, Dominion Energy is an integrated energy company with over 31 gigawatts of electric generation capacity and more than 91,000 miles of electric transmission and distribution lines. Dominion is constructing a rate-regulated 5.2 GW wind farm off the Virginia Beach coast.
78GF Score

Get the complete analysis for LTS:0IC9

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

$67.63
Price
$66.45
GF Value