CENTA vs PBH: Correlation
Central Garden & Pet Company (CENTA) and Prestige Consumer Healthcare Inc. (PBH) show a moderate relationship: their 3-year correlation of weekly returns is 0.47.
Data as of 2026-08-27 · refreshed every trading day · weekly returns · methodology
How correlated are CENTA and PBH?
Across a 3-year window, the weekly returns of CENTA and PBH correlate at 0.47, moderate. The relationship has been stable: the 1-year correlation (0.45) sits close to the 3-year figure. Stretching to 5 years gives 0.48, with an annualized covariance of 342.0 %².
Within CENTA's tracked universe of 13 assets, PBH comes in at #7 by 3-year correlation. The last year tells two different stories: CENTA led by 39.0 percentage points, +15.5% for CENTA 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.
CENTA vs PBH: side by side
| CENTA (Central Garden & Pet Company) | PBH (Prestige Consumer Healthcare Inc.) | |
|---|---|---|
| 1-year return | +15.5% | -23.5% |
| 5-year return | +10.9% | -10.4% |
| Volatility (ann.) | 28.2% | 26.1% |
| Beta vs S&P 500 | 0.42 | 0.33 |
| Max drawdown (3Y) | -35.7% | -49.0% |
| Market cap | $2.4B | $2.4B |
| P/E (trailing) | 14.2 | 14.3 |
| Dividend yield | 0.00% | 0.00% |
| Sector / category | US Listed | US Listed |
Year-by-year returns
| Year | CENTA | PBH |
|---|---|---|
| 2022 | -25.2% | +3.2% |
| 2023 | +23.0% | -2.2% |
| 2024 | -6.2% | +27.6% |
| 2025 | -11.7% | -21.0% |
| 2026 | +29.2% | -17.0% |
Calendar-year price returns; the current year is year-to-date as of the data date above.
Are CENTA and PBH good diversifiers for each other?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
FAQ
What is the correlation between CENTA and PBH?
The CENTA/PBH correlation stands at 0.47 on a 3-year window (1 year: 0.45, 5 years: 0.48), computed from weekly returns as of 2026-08-27.
Is PBH a good diversifier for CENTA?
Yes, to a useful degree: a correlation of 0.47 leaves real independence between the two, which historically damped combined volatility.
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
$ curl https://www.pairbook.io/api/v1/pairs/centa-vs-pbh.json
Drop this badge in a README or notebook; it updates with the data:
[](https://www.pairbook.io/pair/centa-vs-pbh/)
The core API is free. Terms and every endpoint in the API documentation.
Related comparisons
Hubs: CENTA correlations · PBH correlations
