Hubbell (MEX:HUBB) Cyclically Adjusted PB Ratio: 10.28 (As of Jul. 26, 2026) — 100% Above Median

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MEX:HUBB Hubbell Inc MEX:HUBB
84 GF Score
Price MXN9,148.18
GF Value MXN7,891.82
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Hubbell Cyclically Adjusted PB Ratio?

Hubbell MEX:HUBB 84 Cyclically Adjusted PB Ratio is 10.28 as of Jul. 26, 2026, which is 100% above its 10-year median of 5.13. GuruFocus rates MEX:HUBB with a GF Score™ of 84/100 and a GF Value™ of MXN7,891.82 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,278 Industrial Products companies, Hubbell ranks worse than 92.49% on this metric.

As of today (2026-07-26), Hubbell's current share price is MXN9148.18. Hubbell's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN890.10. Hubbell's Cyclically Adjusted PB Ratio for today is 10.28.

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

MEX:HUBB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.04   Med: 5.13   Max: 11.08
Current: 9.74

During the past years, Hubbell's highest Cyclically Adjusted PB Ratio was 11.08. The lowest was 3.04. And the median was 5.13.

MEX:HUBB's Cyclically Adjusted PB Ratio is ranked worse than
92.49% of 2278 companies
in the Industrial Products industry
Industry Median: 2.11 vs MEX:HUBB: 9.74

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 Mar. 2026 was MXN1,284.870. 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 MXN890.10 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hubbell  (MEX: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
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 7.24 8.76 9.05 9.22 9.83

MEX:HUBB vs NVT, FPS, AEIS: 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.


MEX:HUBB
84GF Score
Hubbell Inc MEX: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
=9148.18/890.10
=10.28

* 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 Mar. 2026 is calculated as:

For example, Hubbell'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)
=1284.87/330.2130*330.2130
=1,284.870

Current CPI (Mar. 2026) = 330.2130.

Hubbell Quarterly Data

Book Value per Share CPI Adj_Book
201606 525.108 241.018 719.438
201609 567.326 241.428 775.960
201612 591.348 241.432 808.802
201703 540.461 243.801 732.020
201706 526.177 244.955 709.316
201709 549.417 246.819 735.051
201712 584.798 246.524 783.323
201803 550.995 249.554 729.084
201806 604.150 251.989 791.694
201809 600.065 252.439 784.939
201812 638.985 251.233 839.862
201903 643.492 254.202 835.908
201906 648.158 256.143 835.589
201909 690.821 256.759 888.452
201912 673.631 256.974 865.620
202003 825.712 258.115 1,056.354
202006 834.230 257.797 1,068.568
202009 821.468 260.280 1,042.183
202012 757.156 260.474 959.876
202103 783.792 264.877 977.126
202106 778.120 271.696 945.709
202109 819.593 274.310 986.622
202112 839.028 278.802 993.744
202203 821.249 287.504 943.246
202206 845.864 296.311 942.642
202209 868.444 296.808 966.185
202212 857.294 296.797 953.816
202303 831.708 301.836 909.901
202306 837.743 305.109 906.671
202309 889.786 307.789 954.611
202312 908.878 306.746 978.410
202403 905.942 312.332 957.807
202406 1,041.783 314.175 1,094.964
202409 1,179.488 315.301 1,235.271
202412 1,317.525 315.605 1,378.508
202503 1,245.448 319.799 1,286.005
202506 1,235.804 322.561 1,265.121
202509 1,270.804 324.800 1,291.983
202512 1,301.013 324.054 1,325.740
202603 1,284.870 330.213 1,284.870

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 10.28 mean?
Hubbell (MEX:HUBB) has a Cyclically Adjusted PB Ratio of 10.28 as of Jul. 26, 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 100% above median its historical median of 5.13. 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 #2107 out of 2278 companies in the Industrial Products industry, placing it in the top 92.5%.
Is Hubbell's Cyclically Adjusted PB Ratio too high?
Hubbell's current Cyclically Adjusted PB Ratio of 10.28 is 100% above median its 10-year median of 5.13. 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 2.11. Hubbell's value of 10.28 is 387.2% above this industry median. Based on the distribution chart, Hubbell ranks #2107 out of 2278 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Hubbell has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hubbell's Cyclically Adjusted PB Ratio compare to NVT and FPS?
According to the Industrial Products industry distribution chart, Hubbell ranks #2107 out of 2278 companies for Cyclically Adjusted PB Ratio. This places Hubbell in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.11. Hubbell's value of 10.28 is 387.2% 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 5.13 vs. the industry median of 2.11, 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 2.11, based on 2,278 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 10.28 is 387.2% 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 2.11 — 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 10.28, which is 100% above median its own 10-year median of 5.13. 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 (MEX:HUBB) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN7,891.82, compared to a current price of MXN9,148.18 — trading 15.9% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 10.28, which is 100% above median its 10-year median of 5.13 and 387.2% above the Industrial Products industry median of 2.11. Hubbell's overall GF Score™ is 84/100 with 1 warning sign 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 (MEX:HUBB), the current Cyclically Adjusted PB Ratio is 10.28 as of Jul. 26, 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 (MEX:HUBB) Overvalued in 2026?

Based on GuruFocus' analysis, Hubbell stock appears to be overvalued. The current stock price of MXN9,148.18 is trading 15.9% above its estimated GF Value™ of MXN7,891.82. GuruFocus considers Hubbell to be Modestly Overvalued.

Key valuation signals for MEX:HUBB:

  • Cyclically Adjusted PB Ratio: 10.28 (100% above median its 10-year median of 5.13)
  • GF Value™: MXN7,891.82 vs. price of MXN9,148.18 (15.9% above fair value)
  • GF Score™: 84/100 with 1 warning sign
  • Industry Position: 387.2% above the Industrial Products median (#2107 of 2278)

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


Hubbell Business Description

Other Exchanges HUBB:USAHUEC: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.
84GF Score

Get the complete analysis for MEX:HUBB

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

MXN9,148.18
Price
MXN7,891.82
GF Value