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CENT vs PBH: Correlation

How closely do Central Garden & Pet Company (CENT) and Prestige Consumer Healthcare Inc. (PBH) trade together? Their weekly returns over three years give a correlation of 0.47, which is moderate.

Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology

Correlation (3Y)
0.47
moderate
Correlation (1Y)
0.44
last 12 months
Correlation (5Y)
0.47
long-run
Ann. covariance
363.5
%² · weekly, annualized

How correlated are CENT and PBH?

On 3 years of weekly data the CENT/PBH correlation comes out at 0.47, moderate. The relationship has been stable: the 1-year correlation (0.44) sits close to the 3-year figure. The 5-year figure is 0.47, and annualized covariance runs at 363.5 %².

Within CENT's tracked universe of 12 assets, PBH comes in at #6 by 3-year correlation. The last year tells two different stories: CENT led by 44.3 percentage points, +20.8% for CENT against -23.5% for PBH.

How is this computed?

Pearson correlation on weekly returns: ρ(A,B) = cov(rA, rB) / (σA · σB), over windows of 52, 156 and 260 weeks. Covariance is annualized (×52) and expressed in %². Full definitions on the methodology page.

CENT vs PBH: side by side

CENT (Central Garden & Pet Company)PBH (Prestige Consumer Healthcare Inc.)
1-year return+20.8%-23.5%
5-year return+19.0%-10.4%
Volatility (ann.)29.9%26.1%
Beta vs S&P 5000.420.33
Max drawdown (3Y)-38.8%-49.0%
Market cap$2.7B$2.4B
P/E (trailing)16.414.3
Dividend yield0.00%0.00%
Sector / categoryUS ListedUS Listed
Lower P/E: PBH 14.3 vs 16.4Smaller drawdown: CENT -38.8% vs -49.0%Higher 5y return: CENT +19.0% vs -10.4%
-28%0%+19%2025-09-052026-08-27
Twelve months of weekly closes, each series rebased to 100. CENT · PBH

Year-by-year returns

YearCENTPBH
2022-28.8%+3.2%
2023+33.8%-2.2%
2024-1.1%+27.6%
2025-17.1%-21.0%
2026+35.9%-17.0%

Calendar-year price returns; the current year is year-to-date as of the data date above.

Are CENT and PBH good diversifiers for each other?

A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

FAQ

What is the correlation between CENT and PBH?

Using weekly returns as of 2026-08-27: 0.47 over 3 years, with 0.44 over the last year and 0.47 over 5 years.

Is PBH a good diversifier for CENT?

A fair diversifier. At 0.47, enough of each asset's movement is its own that the pair has smoothed outcomes historically.

What does a correlation of 0.47 mean?

On the −1 to +1 scale, 0.47 describes how much the two returns move together: +1 is lockstep, 0 is independence, negative values mean opposite directions. It says nothing about which performed better.

Use this data

JSON API · no key required
$ curl https://www.pairbook.io/api/v1/pairs/cent-vs-pbh.json

CENT vs PBH: 3-year weekly correlation 0.47CENT vs PBH0.47

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Related comparisons

Hubs: CENT correlations · PBH correlations