Huntington Bancshares (MEX:HBAN) Cyclically Adjusted PB Ratio: 1.37 (As of Aug. 02, 2026) — Near Median

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MEX:HBAN Huntington Bancshares Inc MEX:HBAN
80 GF Score
Price MXN315.00
GF Value MXN307.69
! 5 Warning Signs
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What is Huntington Bancshares Cyclically Adjusted PB Ratio?

Huntington Bancshares MEX:HBAN 80 Cyclically Adjusted PB Ratio is 1.37 as of Aug. 02, 2026, which is 4% below its 10-year median of 1.43. GuruFocus rates MEX:HBAN with a GF Score™ of 80/100 and a GF Value™ of MXN307.69. The stock has 5 warning signs investors should review. Among 1,288 Banks companies, Huntington Bancshares ranks worse than 53.11% on this metric.

As of today (2026-08-02), Huntington Bancshares's current share price is MXN315.00. Huntington Bancshares's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was MXN230.61. Huntington Bancshares's Cyclically Adjusted PB Ratio for today is 1.37.

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

MEX:HBAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.43   Max: 2.01
Current: 1.31

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.

MEX:HBAN's Cyclically Adjusted PB Ratio is ranked worse than
53.11% of 1288 companies
in the Banks industry
Industry Median: 1.26 vs MEX:HBAN: 1.31

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 MXN256.871. 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 MXN230.61 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huntington Bancshares  (MEX:HBAN) 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

MEX:HBAN 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.


MEX:HBAN
80GF Score
Huntington Bancshares Inc MEX:HBAN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=315.00/230.61
=1.37

* 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)
=256.871/333.9520*333.9520
=256.871

Current CPI (Jun. 2026) = 333.9520.

Huntington Bancshares Quarterly Data

Book Value per Share CPI Adj_Book
201609 166.043 241.428 229.677
201612 175.409 241.432 242.628
201703 162.218 243.801 222.202
201706 158.915 244.955 216.652
201709 161.637 246.819 218.699
201712 178.491 246.524 241.792
201803 166.622 249.554 222.973
201806 182.735 251.989 242.172
201809 171.468 252.439 226.835
201812 185.683 251.233 246.820
201903 189.616 254.202 249.104
201906 193.692 256.143 252.530
201909 204.654 256.759 266.182
201912 195.847 256.974 254.514
202003 244.278 258.115 316.050
202006 240.893 257.797 312.054
202009 232.916 260.280 298.843
202012 211.241 260.474 270.831
202103 219.338 264.877 276.537
202106 238.081 271.696 292.635
202109 244.675 274.310 297.874
202112 244.414 278.802 292.762
202203 225.303 287.504 261.702
202206 220.166 296.311 248.134
202209 208.702 296.808 234.820
202212 210.271 296.797 236.594
202303 203.197 301.836 224.818
202306 193.050 305.109 211.300
202309 192.452 307.789 208.811
202312 198.759 306.746 216.387
202403 193.852 312.332 207.271
202406 215.954 314.175 229.548
202409 246.832 315.301 261.433
202412 254.678 315.605 269.483
202503 259.026 319.799 270.489
202506 244.452 322.561 253.085
202509 245.324 324.800 252.237
202512 248.206 324.054 255.787
202603 263.792 330.213 266.779
202606 256.871 333.952 256.871

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 1.37 mean?
Huntington Bancshares (MEX:HBAN) has a Cyclically Adjusted PB Ratio of 1.37 as of Aug. 02, 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 #684 out of 1288 companies in the Banks industry, placing it in the top 53.1%.
Is Huntington Bancshares' Cyclically Adjusted PB Ratio too high?
Huntington Bancshares' current Cyclically Adjusted PB Ratio of 1.37 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 1.26. Huntington Bancshares' value of 1.37 is 8.7% above this industry median. Based on the distribution chart, Huntington Bancshares ranks #684 out of 1288 companies in the Banks industry, which is below the industry midpoint. Overall, Huntington Bancshares has a GF Score™ of 80/100, 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 #684 out of 1288 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 1.26. Huntington Bancshares' value of 1.37 is 8.7% 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 1.26, 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 1.26, 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. Huntington Bancshares's current Cyclically Adjusted PB Ratio of 1.37 is 8.7% 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 1.26 — 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 1.37, 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?
Huntington Bancshares (MEX:HBAN) has a current Cyclically Adjusted PB Ratio of 1.37. The stock's GF Value™ is MXN307.69, compared to a current price of MXN315.00 — trading 2.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.37, which is near median its 10-year median of 1.43 and 8.7% above the Banks industry median of 1.26. Huntington Bancshares' overall GF Score™ is 80/100 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 (MEX:HBAN), the current Cyclically Adjusted PB Ratio is 1.37 as of Aug. 02, 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 (MEX:HBAN) Overvalued in 2026?

Based on GuruFocus' analysis, Huntington Bancshares stock appears to be overvalued. The current stock price of MXN315.00 is trading 2.4% above its estimated GF Value™ of MXN307.69.

Key valuation signals for MEX:HBAN:

  • Cyclically Adjusted PB Ratio: 1.37 (near median its 10-year median of 1.43)
  • GF Value™: MXN307.69 vs. price of MXN315.00 (2.4% above fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 8.7% above the Banks median (#684 of 1288)

No single metric tells the full story. See the MEX:HBAN 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.
80GF Score

Get the complete analysis for MEX:HBAN

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

MXN315.00
Price
MXN307.69
GF Value