PBF (PBF Energy) Cyclically Adjusted PB Ratio: 1.56 (As of Jul. 12, 2026) — 41% Above Median


PBF PBF Energy Inc PBF
53 GF Score
Price $53.18
GF Value $33.60
Valuation Significantly Overvalued
! 7 Warning Signs
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What is PBF Energy Cyclically Adjusted PB Ratio?

PBF Energy PBF -0.24% 53 Cyclically Adjusted PB Ratio is 1.56 as of Jul. 12, 2026, which is 41% above its 10-year median of 1.11. GuruFocus rates PBF with a GF Score™ of 53/100 and a GF Value™ of $33.60 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 775 Oil & Gas companies, PBF Energy ranks worse than 60.77% on this metric.

As of today (2026-07-12), PBF Energy's current share price is $53.18. PBF Energy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $34.14. PBF Energy's Cyclically Adjusted PB Ratio for today is 1.56.

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

PBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.11   Max: 2.26
Current: 1.56

During the past years, PBF Energy's highest Cyclically Adjusted PB Ratio was 2.26. The lowest was 0.20. And the median was 1.11.

PBF's Cyclically Adjusted PB Ratio is ranked worse than
60.77% of 775 companies
in the Oil & Gas industry
Industry Median: 1.18 vs PBF: 1.56

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.

PBF Energy's adjusted book value per share data for the three months ended in Mar. 2026 was $46.667. 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 $34.14 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PBF Energy  (NYSE:PBF) 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.


PBF Energy Cyclically Adjusted PB Ratio Related Terms


PBF Energy Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for PBF 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.

PBF Energy Cyclically Adjusted PB Ratio Chart

PBF 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 0.57 1.79 1.68 0.89 0.82

PBF 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 0.62 0.68 0.93 0.82 1.40

PBF vs IEP, DK, PARR: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Refining & Marketing subindustry, PBF 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.


PBF Energy Cyclically Adjusted PB Ratio vs Oil & Gas Industry

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

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


PBF
53GF Score
PBF Energy Inc PBF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PBF 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.18/34.14
=1.56

* 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.

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

For example, PBF 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)
=46.667/330.2130*330.2130
=46.667

Current CPI (Mar. 2026) = 330.2130.

PBF Energy Quarterly Data

Book Value per Share CPI Adj_Book
201606 17.278 241.018 23.672
201609 17.788 241.428 24.330
201612 18.544 241.432 25.363
201703 17.933 243.801 24.289
201706 16.653 244.955 22.449
201709 19.247 246.819 25.750
201712 21.134 246.524 28.308
201803 21.147 249.554 27.982
201806 22.857 251.989 29.952
201809 25.576 252.439 33.456
201812 22.328 251.233 29.347
201903 24.679 254.202 32.058
201906 24.750 256.143 31.907
201909 25.084 256.759 32.260
201912 25.371 256.974 32.602
202003 16.238 258.115 20.774
202006 19.535 257.797 25.022
202009 16.108 260.280 20.436
202012 13.678 260.474 17.340
202103 13.369 264.877 16.667
202106 13.841 271.696 16.822
202109 14.381 274.310 17.312
202112 16.009 278.802 18.961
202203 15.843 287.504 18.196
202206 25.816 296.311 28.770
202209 34.489 296.808 38.371
202212 38.023 296.797 42.304
202303 40.602 301.836 44.419
202306 48.748 305.109 52.759
202309 54.628 307.789 58.608
202312 53.871 306.746 57.992
202403 54.231 312.332 57.336
202406 53.480 314.175 56.210
202409 51.091 315.301 53.507
202412 48.080 315.605 50.305
202503 44.225 319.799 45.665
202506 43.940 322.561 44.982
202509 45.176 324.800 45.929
202512 45.490 324.054 46.355
202603 46.667 330.213 46.667

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 1.56 mean?
PBF Energy (PBF) has a Cyclically Adjusted PB Ratio of 1.56 as of Jul. 12, 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 PBF Energy and its competitors. This is 41% above median its historical median of 1.11. Over the past decade, PBF Energy's Cyclically Adjusted PB Ratio has ranged from 0.20 to 2.26. According to the industry distribution chart, PBF Energy ranks #471 out of 775 companies in the Oil & Gas industry, placing it in the top 60.8%.
Is PBF Energy's Cyclically Adjusted PB Ratio too high?
PBF Energy's current Cyclically Adjusted PB Ratio of 1.56 is 41% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 2.26. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.18. PBF Energy's value of 1.56 is 32.2% above this industry median. Based on the distribution chart, PBF Energy ranks #471 out of 775 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, PBF Energy has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PBF Energy's Cyclically Adjusted PB Ratio compare to IEP and DK?
According to the Oil & Gas industry distribution chart, PBF Energy ranks #471 out of 775 companies for Cyclically Adjusted PB Ratio. This places PBF Energy in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.18. PBF Energy's value of 1.56 is 32.2% above this benchmark. Historically, PBF Energy's own Cyclically Adjusted PB Ratio has ranged from 0.20 to 2.26 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 1.18, PBF 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 Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.18, based on 775 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. PBF Energy's current Cyclically Adjusted PB Ratio of 1.56 is 32.2% 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 PBF Energy and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.18 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PBF Energy's current Cyclically Adjusted PB Ratio is 1.56, which is 41% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PBF Energy stock overvalued right now?
Based on GuruFocus' analysis, PBF Energy (PBF) is currently considered Significantly Overvalued. The stock's GF Value™ is $33.60, compared to a current price of $53.18 — trading 58.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.56, which is 41% above median its 10-year median of 1.11 and 32.2% above the Oil & Gas industry median of 1.18. PBF Energy's overall GF Score™ is 53/100 with 7 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 PBF Energy (PBF), the current Cyclically Adjusted PB Ratio is 1.56 as of Jul. 12, 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 PBF Energy (PBF) Overvalued in 2026?

Based on GuruFocus' analysis, PBF Energy stock appears to be overvalued. The current stock price of $53.18 is trading 58.3% above its estimated GF Value™ of $33.60. GuruFocus considers PBF Energy to be Significantly Overvalued.

Key valuation signals for PBF:

  • Cyclically Adjusted PB Ratio: 1.56 (41% above median its 10-year median of 1.11)
  • GF Value™: $33.60 vs. price of $53.18 (58.3% above fair value)
  • GF Score™: 53/100 with 7 warning signs
  • Industry Position: 32.2% above the Oil & Gas median (#471 of 775)

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


PBF Energy Business Description

Industry EnergyOil & Gas
Address One Sylvan Way, Second Floor, Parsippany, NJ, USA, 07054
PBF Energy Inc is an independent petroleum refiner and supplier of unbranded transportation fuels, heating oil, petrochemical feedstocks, lubricants, and other petroleum products in the United States. The company owns refineries in Delaware, Ohio, New Jersey, California, and Louisiana. The Company operates in two reportable business segments: Refining and Logistics. The Company's oil refineries are all engaged in the refining of crude oil and other feedstocks into petroleum products and are aggregated into the Refining segment. PBFX operates logistics assets such as crude oil and refined products terminals, pipelines, and storage facilities. The Logistics segment consists solely of PBFX's operations.
53GF Score

Get the complete analysis for PBF

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

$53.18
Price
$33.60
GF Value