Cheniere Energy Partners LPCQP -6.49%76 PB Ratio is 354.41 as of Jun. 25, 2026, which is 1290% above its 10-year median of 25.49. GuruFocus rates CQP with a GF Score™ of 76/100 and a GF Value™ of $62.13 (Fairly Valued). The stock has 11 warning signs investors should review. Among 923 Oil & Gas companies, Cheniere Energy Partners LP ranks worse than 99.89% on this metric.
Cheniere Energy Partners LP stock PB Ratio (=379.01) is close to 10-year high of 415.53.
The historical rank and industry rank for Cheniere Energy Partners LP's PB Ratio or its related term are showing as below:
CQP'
s PB Ratio Range Over the Past 10 Years
Min: 14.97 Med: 25.49 Max: 415.53
Current: 356.63
During the past 13 years, Cheniere Energy Partners LP's highest PB Ratio was 415.53. The lowest was 14.97. And the median was 25.49.
CQP's PB Ratio is ranked worse than 99.89% of 923
companies
in the Oil & Gas industry
Industry Median: 1.44
vs CQP: 356.63
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cheniere Energy Partners LP was 4.10% per year. The lowest was -35.40% per year. And the median was -19.20% per year.
Back to Basics: PB Ratio
Cheniere Energy Partners LP (NYSE:CQP) PB Ratio Explanation
The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.
Be Aware
Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.
Cheniere Energy Partners LP PB Ratio Related Terms
Cheniere Energy Partners LP PB Ratio Historical Data
* 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.
For the Oil & Gas Midstream subindustry, Cheniere Energy Partners LP's PB Ratio, along with its competitors' market caps and 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.
Cheniere Energy Partners LP PB Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cheniere Energy Partners LP's PB Ratio distribution charts can be found below:
* The bar in red indicates where Cheniere Energy Partners LP's PB Ratio falls into.
The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.
* 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.
It can also be calculated from the numbers for the whole company:
A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.
Cheniere Energy Partners LP (CQP) has a PB Ratio of 354.41 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cheniere Energy Partners LP and its competitors. This is 1290% above median its historical median of 25.49. Over the past decade, Cheniere Energy Partners LP's PB Ratio has ranged from 14.97 to 415.53. According to the industry distribution chart, Cheniere Energy Partners LP ranks #922 out of 923 companies in the Oil & Gas industry, placing it in the top 99.9%.
Is Cheniere Energy Partners LP's PB Ratio too high?
Cheniere Energy Partners LP's current PB Ratio of 354.41 is 1290% above median its 10-year median of 25.49. Over the past 10 years, this metric has ranged from a low of 14.97 to a high of 415.53. The Oil & Gas industry median PB Ratio is 1.44. Cheniere Energy Partners LP's value of 354.41 is 24511.8% above this industry median. Based on the distribution chart, Cheniere Energy Partners LP ranks #922 out of 923 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Cheniere Energy Partners LP has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cheniere Energy Partners LP's PB Ratio compare to VG and WES?
According to the Oil & Gas industry distribution chart, Cheniere Energy Partners LP ranks #922 out of 923 companies for PB Ratio. This places Cheniere Energy Partners LP in the lower half of its industry. The industry median PB Ratio is 1.44. Cheniere Energy Partners LP's value of 354.41 is 24511.8% above this benchmark. Historically, Cheniere Energy Partners LP's own PB Ratio has ranged from 14.97 to 415.53 over the past decade. While the company's 10-year median is 25.49 vs. the industry median of 1.44, Cheniere Energy Partners LP 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 PB Ratio for an Oil & Gas company?
The median PB Ratio among Oil & Gas companies is 1.44, based on 923 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cheniere Energy Partners LP's current PB Ratio of 354.41 is 24511.8% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Cheniere Energy Partners LP and its competitors. For the Oil & Gas industry, the median PB Ratio is 1.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheniere Energy Partners LP's current PB Ratio is 354.41, which is 1290% above median its own 10-year median of 25.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheniere Energy Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Cheniere Energy Partners LP (CQP) is currently considered Fairly Valued. The stock's GF Value™ is $62.13, compared to a current price of $57.06 — trading 8.2% below its estimated fair value. The current PB Ratio is 354.41, which is 1290% above median its 10-year median of 25.49 and 24511.8% above the Oil & Gas industry median of 1.44. Cheniere Energy Partners LP's overall GF Score™ is 76/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Cheniere Energy Partners LP (CQP), the current PB Ratio is 354.41 as of Jun. 25, 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 Cheniere Energy Partners LP (CQP) Overvalued in 2026?
Based on GuruFocus' analysis, Cheniere Energy Partners LP stock appears to be undervalued.
The current stock price of $57.06 is trading 8.2% below its estimated GF Value™ of $62.13.
GuruFocus considers Cheniere Energy Partners LP to be Fairly Valued.
Key valuation signals for CQP:
PB Ratio: 354.41 (1290% above median its 10-year median of 25.49)
GF Value™: $62.13 vs. price of $57.06 (8.2% below fair value)
Industry Position: 24511.8% above the Oil & Gas median (#922 of 923)
No single metric tells the full story. See the CQP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cheniere Energy Partners is a liquified natural gas producer operating one facility in Sabine Pass, Louisiana. It generates most of its revenue through long-term contracts with customers on a fixed- and variable-fee payout structure. It also generates revenue by selling uncontracted LNG to customers on a short or one-time basis. The profit generated through those activities is split with parent and operator Cheniere Energy.
76GF Score
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