Huntington Bancshares (BSP:H1BA34) Cyclically Adjusted PB Ratio: 1.55 (As of Aug. 08, 2026) — Near Median

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BSP:H1BA34 Huntington Bancshares Inc BSP:H1BA34
66 GF Score
Price R$87.57
GF Value R$71.71
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Huntington Bancshares Cyclically Adjusted PB Ratio?

Huntington Bancshares BSP:H1BA34 66 Cyclically Adjusted PB Ratio is 1.55 as of Aug. 08, 2026, which is 8% above its 10-year median of 1.43. GuruFocus rates BSP:H1BA34 with a GF Score™ of 66/100 and a GF Value™ of R$71.71 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,285 Banks companies, Huntington Bancshares ranks worse than 54.24% on this metric.

As of today (2026-08-08), Huntington Bancshares's current share price is R$87.57. Huntington Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$56.34. Huntington Bancshares's Cyclically Adjusted PB Ratio for today is 1.55.

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

BSP:H1BA34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.43   Max: 2.01
Current: 1.34

During the past years, Huntington Bancshares's highest Cyclically Adjusted PB Ratio was 2.01. The lowest was 0.83. And the median was 1.43.

BSP:H1BA34's Cyclically Adjusted PB Ratio is ranked worse than
54.24% of 1285 companies
in the Banks industry
Industry Median: 1.28 vs BSP:H1BA34: 1.34

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.

Huntington Bancshares's adjusted book value per share data for the three months ended in Jun. 2026 was R$75.433. 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 R$56.34 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huntington Bancshares  (BSP:H1BA34) 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.


Huntington Bancshares Cyclically Adjusted PB Ratio Related Terms


Huntington Bancshares Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Huntington Bancshares'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.

Huntington Bancshares Cyclically Adjusted PB Ratio Chart

Huntington Bancshares 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 1.59 1.33 1.13 1.37 1.40

Huntington Bancshares Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.37 1.39 1.40 1.23 1.37

BSP:H1BA34 vs MTB, BAP, CFG: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, Huntington Bancshares'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.


Huntington Bancshares Cyclically Adjusted PB Ratio vs Banks Industry

For the Banks industry and Financial Services sector, Huntington Bancshares's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


BSP:H1BA34
66GF Score
Huntington Bancshares Inc BSP:H1BA34
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Huntington Bancshares 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.

Huntington Bancshares's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=87.57/56.34
=1.55

* 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.

Huntington Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Huntington Bancshares's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=75.433/333.9520*333.9520
=75.433

Current CPI (Jun. 2026) = 333.9520.

Huntington Bancshares Quarterly Data

Book Value per Share CPI Adj_Book
201609 27.937 241.428 38.643
201612 28.536 241.432 39.471
201703 26.945 243.801 36.909
201706 28.972 244.955 39.498
201709 27.900 246.819 37.749
201712 29.946 246.524 40.566
201803 30.073 249.554 40.244
201806 35.069 251.989 46.476
201809 37.664 252.439 49.826
201812 36.724 251.233 48.815
201903 37.543 254.202 49.321
201906 38.879 256.143 50.689
201909 42.705 256.759 55.544
201912 42.622 256.974 55.390
202003 50.904 258.115 65.860
202006 54.148 257.797 70.144
202009 56.935 260.280 73.050
202012 54.634 260.474 70.046
202103 60.466 264.877 76.234
202106 60.142 271.696 73.923
202109 62.817 274.310 76.475
202112 67.375 278.802 80.702
202203 56.311 287.504 65.408
202206 55.241 296.311 62.258
202209 54.405 296.808 61.214
202212 56.573 296.797 63.655
202303 58.717 301.836 64.965
202306 54.656 305.109 59.823
202309 54.565 307.789 59.203
202312 57.374 306.746 62.463
202403 58.167 312.332 62.193
202406 63.490 314.175 67.487
202409 69.420 315.301 73.526
202412 74.502 315.605 78.833
202503 72.905 319.799 76.131
202506 71.999 322.561 74.542
202509 71.721 324.800 73.742
202512 75.206 324.054 77.503
202603 76.501 330.213 77.367
202606 75.433 333.952 75.433

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 1.55 mean?
Huntington Bancshares (BSP:H1BA34) has a Cyclically Adjusted PB Ratio of 1.55 as of Aug. 08, 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 Huntington Bancshares and its competitors. This is near median its historical median of 1.43. Over the past decade, Huntington Bancshares' Cyclically Adjusted PB Ratio has ranged from 0.83 to 2.01. According to the industry distribution chart, Huntington Bancshares ranks #697 out of 1285 companies in the Banks industry, placing it in the top 54.2%.
Is Huntington Bancshares' Cyclically Adjusted PB Ratio too high?
Huntington Bancshares' current Cyclically Adjusted PB Ratio of 1.55 is near median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.83 to a high of 2.01. The Banks industry median Cyclically Adjusted PB Ratio is 1.28. Huntington Bancshares' value of 1.55 is 21.1% above this industry median. Based on the distribution chart, Huntington Bancshares ranks #697 out of 1285 companies in the Banks industry, which is below the industry midpoint. Overall, Huntington Bancshares has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Huntington Bancshares' Cyclically Adjusted PB Ratio compare to MTB and BAP?
According to the Banks industry distribution chart, Huntington Bancshares ranks #697 out of 1285 companies for Cyclically Adjusted PB Ratio. This places Huntington Bancshares in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.28. Huntington Bancshares' value of 1.55 is 21.1% above this benchmark. Historically, Huntington Bancshares' own Cyclically Adjusted PB Ratio has ranged from 0.83 to 2.01 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 1.28, Huntington Bancshares 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 a Banks company?
The median Cyclically Adjusted PB Ratio among Banks companies is 1.28, based on 1,285 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. Huntington Bancshares's current Cyclically Adjusted PB Ratio of 1.55 is 21.1% 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 Huntington Bancshares and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Huntington Bancshares's current Cyclically Adjusted PB Ratio is 1.55, which is near median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Huntington Bancshares stock overvalued right now?
Based on GuruFocus' analysis, Huntington Bancshares (BSP:H1BA34) is currently considered Modestly Overvalued. The stock's GF Value™ is R$71.71, compared to a current price of R$87.57 — trading 22.1% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.55, which is near median its 10-year median of 1.43 and 21.1% above the Banks industry median of 1.28. Huntington Bancshares' overall GF Score™ is 66/100 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 Huntington Bancshares (BSP:H1BA34), the current Cyclically Adjusted PB Ratio is 1.55 as of Aug. 08, 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 Huntington Bancshares (BSP:H1BA34) Overvalued in 2026?

Based on GuruFocus' analysis, Huntington Bancshares stock appears to be overvalued. The current stock price of R$87.57 is trading 22.1% above its estimated GF Value™ of R$71.71. GuruFocus considers Huntington Bancshares to be Modestly Overvalued.

Key valuation signals for BSP:H1BA34:

  • Cyclically Adjusted PB Ratio: 1.55 (near median its 10-year median of 1.43)
  • GF Value™: R$71.71 vs. price of R$87.57 (22.1% above fair value)
  • GF Score™: 66/100 with 7 warning signs
  • Industry Position: 21.1% above the Banks median (#697 of 1285)

No single metric tells the full story. See the BSP:H1BA34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Huntington Bancshares Business Description

Address 41 South High Street, Columbus, OH, USA, 43287
Huntington is a regional US bank with over $285 billion in assets. It offers a full suite of consumer deposit and lending services, along with commercial services focused on payments, investment management, capital markets, equipment financing, treasury management, and other common banking services.
66GF Score

Get the complete analysis for BSP:H1BA34

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

R$87.57
Price
R$71.71
GF Value