Huntington Bancshares (BSP:H1BA34) Cyclically Adjusted PB Ratio: 1.50 (As of Sep. 22, 2026) — Near Median

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BSP:H1BA34 Huntington Bancshares Inc BSP:H1BA34
66 GF Score
Price R$92.54
GF Value R$71.21
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Huntington Bancshares Cyclically Adjusted PB Ratio?

Huntington Bancshares BSP:H1BA34 66 Cyclically Adjusted PB Ratio is 1.50 as of Sep. 22, 2026, which is 5% 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$71.21 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,272 Banks companies, Huntington Bancshares ranks worse than 50.16% on this metric.

As of today (2026-09-22), Huntington Bancshares's current share price is R$92.53857. Huntington Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$61.72. Huntington Bancshares's Cyclically Adjusted PB Ratio for today is 1.50.

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: 1.3

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
50.16% of 1272 companies
in the Banks industry
Industry Median: 1.29 vs BSP:H1BA34: 1.30

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$76.301. 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$61.72 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 2.33 1.74 1.26 1.84 1.53

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 1.57 1.63 1.58 1.52 1.24

BSP:H1BA34 vs MTB, CFG, BAP: 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
=92.53857/61.716
=1.50

* 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)
=76.301/333.9520*333.9520
=76.301

Current CPI (Jun. 2026) = 333.9520.

Huntington Bancshares Quarterly Data

Book Value per Share CPI Adj_Book
201609 27.899 241.428 38.591
201612 27.691 241.432 38.303
201703 27.353 243.801 37.467
201706 29.128 244.955 39.711
201709 28.173 246.819 38.119
201712 30.147 246.524 40.838
201803 30.482 249.554 40.791
201806 35.780 251.989 47.418
201809 36.609 252.439 48.430
201812 36.652 251.233 48.720
201903 38.042 254.202 49.977
201906 38.646 256.143 50.386
201909 43.180 256.759 56.162
201912 41.773 256.974 54.286
202003 54.033 258.115 69.908
202006 57.304 257.797 74.232
202009 59.428 260.280 76.249
202012 55.159 260.474 70.719
202103 60.551 264.877 76.342
202106 60.083 271.696 73.850
202109 64.914 274.310 79.028
202112 66.445 278.802 79.589
202203 53.867 287.504 62.570
202206 57.335 296.311 64.618
202209 56.250 296.808 63.289
202212 57.083 296.797 64.229
202303 57.344 301.836 63.446
202306 54.488 305.109 59.639
202309 55.462 307.789 60.176
202312 57.031 306.746 62.089
202403 58.643 312.332 62.702
202406 65.658 314.175 69.791
202409 68.439 315.301 72.487
202412 75.619 315.605 80.015
202503 72.723 319.799 75.941
202506 71.014 322.561 73.522
202509 71.359 324.800 73.370
202512 75.667 324.054 77.978
202603 76.508 330.213 77.374
202606 76.301 333.952 76.301

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 1.50 mean?
Huntington Bancshares (BSP:H1BA34) has a Cyclically Adjusted PB Ratio of 1.50 as of Sep. 22, 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 #638 out of 1272 companies in the Banks industry, placing it in the top 50.2%.
Is Huntington Bancshares' Cyclically Adjusted PB Ratio too high?
Huntington Bancshares' current Cyclically Adjusted PB Ratio of 1.50 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 1.29. Huntington Bancshares' value of 1.50 is 16.3% above this industry median. Based on the distribution chart, Huntington Bancshares ranks #638 out of 1272 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 CFG?
According to the Banks industry distribution chart, Huntington Bancshares ranks #638 out of 1272 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 1.29. Huntington Bancshares' value of 1.50 is 16.3% 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 1.29, 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 1.29, based on 1,272 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 1.50 is 16.3% 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 1.29 — 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 1.50, 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$71.21, compared to a current price of R$92.54 — trading 30% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.50, which is near median its 10-year median of 1.43 and 16.3% above the Banks industry median of 1.29. Huntington Bancshares' overall GF Score™ is 66/100 with 5 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 1.50 as of Sep. 22, 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$92.54 is trading 30% above its estimated GF Value™ of R$71.21. GuruFocus considers Huntington Bancshares to be Modestly Overvalued.

Key valuation signals for BSP:H1BA34:

  • Cyclically Adjusted PB Ratio: 1.50 (near median its 10-year median of 1.43)
  • GF Value™: R$71.21 vs. price of R$92.54 (30% above fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 16.3% above the Banks median (#638 of 1272)

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$92.54
Price
R$71.21
GF Value