EWBC (East West Bancorp) Cyclically Adjusted PB Ratio: 2.83 (As of Aug. 01, 2026) — 20% Above Median

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EWBC East West Bancorp Inc EWBC
84 GF Score
Price $130.95
GF Value $102.16
Valuation Modestly Overvalued
! 7 Warning Signs
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What is East West Bancorp Cyclically Adjusted PB Ratio?

East West Bancorp EWBC +0.05% 84 Cyclically Adjusted PB Ratio is 2.83 as of Aug. 01, 2026, which is 20% above its 10-year median of 2.36. GuruFocus rates EWBC with a GF Score™ of 84/100 and a GF Value™ of $102.16 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,288 Banks companies, East West Bancorp ranks worse than 90.84% on this metric.

As of today (2026-08-01), East West Bancorp's current share price is $130.951. East West Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $46.35. East West Bancorp's Cyclically Adjusted PB Ratio for today is 2.83.

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

EWBC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 2.36   Max: 3.65
Current: 2.83

During the past years, East West Bancorp's highest Cyclically Adjusted PB Ratio was 3.65. The lowest was 0.98. And the median was 2.36.

EWBC's Cyclically Adjusted PB Ratio is ranked worse than
90.84% of 1288 companies
in the Banks industry
Industry Median: 1.26 vs EWBC: 2.83

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.

East West Bancorp's adjusted book value per share data for the three months ended in Mar. 2026 was $65.699. 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 $46.35 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


East West Bancorp  (NAS:EWBC) 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.


East West Bancorp Cyclically Adjusted PB Ratio Related Terms


East West Bancorp Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for East West Bancorp'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.

East West Bancorp Cyclically Adjusted PB Ratio Chart

East West Bancorp 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 2.72 2.01 1.97 2.38 2.52

East West Bancorp 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 2.36 2.43 2.52 2.30 0.00

EWBC vs PNFP, WBS, FHN: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, East West Bancorp'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.


East West Bancorp Cyclically Adjusted PB Ratio vs Banks Industry

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

* The bar in red indicates where East West Bancorp's Cyclically Adjusted PB Ratio falls into.


EWBC
84GF Score
East West Bancorp Inc EWBC
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

East West Bancorp 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.

East West Bancorp's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=130.951/46.35
=2.83

* 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.

East West Bancorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, East West Bancorp's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=65.699/330.2130*330.2130
=65.699

Current CPI (Mar. 2026) = 330.2130.

East West Bancorp Quarterly Data

Book Value per Share CPI Adj_Book
201606 22.879 241.018 31.346
201609 23.437 241.428 32.056
201612 23.776 241.432 32.519
201703 24.684 243.801 33.433
201706 25.402 244.955 34.243
201709 26.170 246.819 35.012
201712 26.580 246.524 35.603
201803 27.464 249.554 36.341
201806 28.393 251.989 37.207
201809 29.289 252.439 38.313
201812 30.518 251.233 40.112
201903 31.559 254.202 40.996
201906 32.530 256.143 41.937
201909 33.542 256.759 43.138
201912 34.456 256.974 44.276
202003 34.666 258.115 44.349
202006 35.249 257.797 45.151
202009 36.225 260.280 45.958
202012 37.221 260.474 47.187
202103 37.260 264.877 46.451
202106 39.101 271.696 47.522
202109 40.105 274.310 48.278
202112 41.134 278.802 48.719
202203 40.093 287.504 46.049
202206 39.807 296.311 44.361
202209 40.170 296.808 44.691
202212 42.460 296.797 47.241
202303 44.622 301.836 48.817
202306 45.671 305.109 49.429
202309 46.624 307.789 50.021
202312 49.639 306.746 53.437
202403 50.483 312.332 53.373
202406 52.056 314.175 54.713
202409 55.296 315.301 57.911
202412 55.787 315.605 58.369
202503 57.542 319.799 59.416
202506 59.512 322.561 60.924
202509 62.390 324.800 63.430
202512 64.684 324.054 65.913
202603 65.699 330.213 65.699

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 2.83 mean?
East West Bancorp (EWBC) has a Cyclically Adjusted PB Ratio of 2.83 as of Aug. 01, 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 East West Bancorp and its competitors. This is 20% above median its historical median of 2.36. Over the past decade, East West Bancorp's Cyclically Adjusted PB Ratio has ranged from 0.98 to 3.65. According to the industry distribution chart, East West Bancorp ranks #1170 out of 1288 companies in the Banks industry, placing it in the top 90.8%.
Is East West Bancorp's Cyclically Adjusted PB Ratio too high?
East West Bancorp's current Cyclically Adjusted PB Ratio of 2.83 is 20% above median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 3.65. The Banks industry median Cyclically Adjusted PB Ratio is 1.26. East West Bancorp's value of 2.83 is 124.6% above this industry median. Based on the distribution chart, East West Bancorp ranks #1170 out of 1288 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, East West Bancorp has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does East West Bancorp's Cyclically Adjusted PB Ratio compare to PNFP and WBS?
According to the Banks industry distribution chart, East West Bancorp ranks #1170 out of 1288 companies for Cyclically Adjusted PB Ratio. This places East West Bancorp in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.26. East West Bancorp's value of 2.83 is 124.6% above this benchmark. Historically, East West Bancorp's own Cyclically Adjusted PB Ratio has ranged from 0.98 to 3.65 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 1.26, East West Bancorp 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 1.26, based on 1,288 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. East West Bancorp's current Cyclically Adjusted PB Ratio of 2.83 is 124.6% 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 East West Bancorp and its competitors. For the Banks industry, the median Cyclically Adjusted PB Ratio is 1.26 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. East West Bancorp's current Cyclically Adjusted PB Ratio is 2.83, which is 20% above median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is East West Bancorp stock overvalued right now?
Based on GuruFocus' analysis, East West Bancorp (EWBC) is currently considered Modestly Overvalued. The stock's GF Value™ is $102.16, compared to a current price of $130.95 — trading 28.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.83, which is 20% above median its 10-year median of 2.36 and 124.6% above the Banks industry median of 1.26. East West Bancorp's overall GF Score™ is 84/100 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 East West Bancorp (EWBC), the current Cyclically Adjusted PB Ratio is 2.83 as of Aug. 01, 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 East West Bancorp (EWBC) Overvalued in 2026?

Based on GuruFocus' analysis, East West Bancorp stock appears to be overvalued. The current stock price of $130.95 is trading 28.2% above its estimated GF Value™ of $102.16. GuruFocus considers East West Bancorp to be Modestly Overvalued.

Key valuation signals for EWBC:

  • Cyclically Adjusted PB Ratio: 2.83 (20% above median its 10-year median of 2.36)
  • GF Value™: $102.16 vs. price of $130.95 (28.2% above fair value)
  • GF Score™: 84/100 with 7 warning signs
  • Industry Position: 124.6% above the Banks median (#1170 of 1288)

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


East West Bancorp Business Description

Other Exchanges EW2:Germany
Address 135 North Los Robles Avenue, 7th Floor, Pasadena, CA, USA, 91101
East West Bancorp Inc operates in U.S. and Asia. The Bank provides range of personal and commercial banking services to individuals and businesses. In addition to offering traditional deposit products that include personal and business checking and savings accounts, money market, and time deposits, the Bank also offers foreign exchange, treasury management and wealth management services. The Bank has three operating segments, (1) Consumer and Business Banking, (2) Commercial Banking and (3) Treasury and Other. The company generates the majority of its revenue from the Commercial banking segment.
84GF Score

Get the complete analysis for EWBC

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

$130.95
Price
$102.16
GF Value