GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Brookfield Infrastructure Partners LP (TSX:BIP.UN) » Definitions » Cyclically Adjusted PB Ratio

Brookfield Infrastructure Partners LP (TSX:BIP.UN) Cyclically Adjusted PB Ratio : 2.28 (As of Jun. 03, 2025)


View and export this data going back to 2009. Start your Free Trial

What is Brookfield Infrastructure Partners LP Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Brookfield Infrastructure Partners LP's current share price is C$45.49. Brookfield Infrastructure Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$19.97. Brookfield Infrastructure Partners LP's Cyclically Adjusted PB Ratio for today is 2.28.

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

TSX:BIP.UN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.56   Med: 2.54   Max: 3.23
Current: 2.28

During the past years, Brookfield Infrastructure Partners LP's highest Cyclically Adjusted PB Ratio was 3.23. The lowest was 1.56. And the median was 2.54.

TSX:BIP.UN's Cyclically Adjusted PB Ratio is ranked worse than
71.53% of 411 companies
in the Utilities - Regulated industry
Industry Median: 1.5 vs TSX:BIP.UN: 2.28

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.

Brookfield Infrastructure Partners LP's adjusted book value per share data for the three months ended in Mar. 2025 was C$17.091. 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 C$19.97 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brookfield Infrastructure Partners LP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Brookfield Infrastructure Partners 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.

* Premium members only.

Brookfield Infrastructure Partners LP Cyclically Adjusted PB Ratio Chart

Brookfield Infrastructure Partners LP Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 3.04 2.32 2.20 2.32

Brookfield Infrastructure Partners LP Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.18 1.92 2.41 2.32 2.14

Competitive Comparison of Brookfield Infrastructure Partners LP's Cyclically Adjusted PB Ratio

For the Utilities - Diversified subindustry, Brookfield Infrastructure Partners 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.


Brookfield Infrastructure Partners LP's Cyclically Adjusted PB Ratio Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Brookfield Infrastructure Partners LP's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Brookfield Infrastructure Partners LP's Cyclically Adjusted PB Ratio falls into.


;
;

Brookfield Infrastructure Partners 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.

Brookfield Infrastructure Partners LP's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.49/19.97
=2.28

* 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.

Brookfield Infrastructure Partners LP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Brookfield Infrastructure Partners LP's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=17.091/134.9266*134.9266
=17.091

Current CPI (Mar. 2025) = 134.9266.

Brookfield Infrastructure Partners LP Quarterly Data

Book Value per Share CPI Adj_Book
201506 13.368 100.684 17.914
201509 13.326 100.392 17.910
201512 15.221 99.792 20.580
201603 14.877 100.470 19.979
201606 14.742 101.688 19.561
201609 15.318 101.861 20.290
201612 17.182 101.863 22.759
201703 17.567 102.862 23.043
201706 16.533 103.349 21.585
201709 16.422 104.136 21.278
201712 17.196 104.011 22.307
201803 17.931 105.290 22.978
201806 16.814 106.317 21.339
201809 16.481 106.507 20.879
201812 17.669 105.998 22.491
201903 17.815 107.251 22.412
201906 17.348 108.070 21.659
201909 17.134 108.329 21.341
201912 17.967 108.420 22.360
202003 15.721 108.902 19.478
202006 14.615 108.767 18.130
202009 14.460 109.815 17.767
202012 15.557 109.897 19.100
202103 15.516 111.754 18.733
202106 15.489 114.631 18.231
202109 17.066 115.734 19.896
202112 19.207 117.630 22.031
202203 18.492 121.301 20.569
202206 17.793 125.017 19.203
202209 17.892 125.227 19.278
202212 18.722 125.222 20.173
202303 18.065 127.348 19.140
202306 17.878 128.729 18.739
202309 18.563 129.860 19.287
202312 18.225 129.419 19.001
202403 17.916 131.776 18.344
202406 17.346 132.554 17.657
202409 16.384 133.029 16.618
202412 17.336 133.157 17.566
202503 17.091 134.927 17.091

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.


Brookfield Infrastructure Partners LP  (TSX:BIP.UN) 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.


Brookfield Infrastructure Partners LP Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Brookfield Infrastructure Partners LP's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Brookfield Infrastructure Partners LP Business Description

Address
73 Front Street, 5th Floor, Hamilton, BMU, HM12
Brookfield Infrastructure Partners LP is a Bermuda exempted limited partnership that owns and operates quality, long-life assets that generate stable cash flows, by virtue of barriers to entry or other characteristics that tend to appreciate in value over time. It focuses on acquiring infrastructure assets that have low maintenance capital costs and high barriers to entry. The company's segments consist of Utilities, Transport, Midstream, and Data. Geographically, it generates maximum revenue from USA and also has a presence in Australia, Colombia, United Kingdom, Brazil, United States of America, Chile, Peru, and other countries.

Brookfield Infrastructure Partners LP Headlines

No Headlines