Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Assured GuarantySTU:DHU +2.33%75 Cyclically Adjusted PB Ratio is 0.76 as of Aug. 14, 2026, which is 22% below its 10-year median of 0.98. GuruFocus rates STU:DHU with a GF Score™ of 75/100 and a GF Value™ of €77.17 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 417 Insurance companies, Assured Guaranty ranks better than 79.14% on this metric.
The historical rank and industry rank for Assured Guaranty's Cyclically Adjusted PB Ratio or its related term are showing as below:
STU:DHU'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42 Med: 0.98 Max: 1.44
Current: 0.77
During the past years, Assured Guaranty's highest Cyclically Adjusted PB Ratio was 1.44. The lowest was 0.42. And the median was 0.98.
STU:DHU's Cyclically Adjusted PB Ratio is ranked better than 79.14% of 417
companies
in the Insurance industry
Industry Median: 1.41
vs STU:DHU: 0.77
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.
Assured Guaranty's adjusted book value per share data for the three months ended in Jun. 2026 was €109.527. 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 €86.36 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
Assured Guaranty (STU:DHU) 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.
Assured Guaranty Cyclically Adjusted PB Ratio Related Terms
Assured Guaranty Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for Assured Guaranty'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.
Assured Guaranty Cyclically Adjusted PB Ratio Chart
STU:DHU vs NMIH, RDN, RYAN: Cyclically Adjusted PB Ratio Comparison
For the Insurance - Specialty subindustry, Assured Guaranty'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.
Assured Guaranty Cyclically Adjusted PB Ratio vs Insurance Industry
For the Insurance industry and Financial Services sector, Assured Guaranty's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Assured Guaranty's Cyclically Adjusted PB Ratio falls into.
Assured Guaranty 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.
Assured Guaranty's Cyclically Adjusted PB Ratio for today is calculated as
* 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.
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 0.76 mean?
Assured Guaranty (STU:DHU) has a Cyclically Adjusted PB Ratio of 0.76 as of Aug. 14, 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 Assured Guaranty and its competitors. This is 22% below median its historical median of 0.98. Over the past decade, Assured Guaranty's Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.44. According to the industry distribution chart, Assured Guaranty ranks #87 out of 417 companies in the Insurance industry, placing it in the top 20.9%.
Is Assured Guaranty's Cyclically Adjusted PB Ratio too high?
Assured Guaranty's current Cyclically Adjusted PB Ratio of 0.76 is 22% below median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 1.44. The Insurance industry median Cyclically Adjusted PB Ratio is 1.41. Assured Guaranty's value of 0.76 is 46.1% below this industry median. Based on the distribution chart, Assured Guaranty ranks #87 out of 417 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Assured Guaranty has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Assured Guaranty's Cyclically Adjusted PB Ratio compare to NMIH and RDN?
According to the Insurance industry distribution chart, Assured Guaranty ranks #87 out of 417 companies for Cyclically Adjusted PB Ratio. This places Assured Guaranty in the top 21% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.41. Assured Guaranty's value of 0.76 is 46.1% below this benchmark. Historically, Assured Guaranty's own Cyclically Adjusted PB Ratio has ranged from 0.42 to 1.44 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 1.41, Assured Guaranty has consistently been below 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 an Insurance company?
The median Cyclically Adjusted PB Ratio among Insurance companies is 1.41, based on 417 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. Assured Guaranty's current Cyclically Adjusted PB Ratio of 0.76 is 46.1% below 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 Assured Guaranty and its competitors. For the Insurance industry, the median Cyclically Adjusted PB Ratio is 1.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Assured Guaranty's current Cyclically Adjusted PB Ratio is 0.76, which is 22% below median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Assured Guaranty stock overvalued right now?
Based on GuruFocus' analysis, Assured Guaranty (STU:DHU) is currently considered Modestly Undervalued. The stock's GF Value™ is €77.17, compared to a current price of €66.00 — trading 14.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.76, which is 22% below median its 10-year median of 0.98 and 46.1% below the Insurance industry median of 1.41. Assured Guaranty's overall GF Score™ is 75/100 with 3 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 Assured Guaranty (STU:DHU), the current Cyclically Adjusted PB Ratio is 0.76 as of Aug. 14, 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 Assured Guaranty (STU:DHU) Overvalued in 2026?
Based on GuruFocus' analysis, Assured Guaranty stock appears to be undervalued.
The current stock price of €66.00 is trading 14.5% below its estimated GF Value™ of €77.17.
GuruFocus considers Assured Guaranty to be Modestly Undervalued.
Key valuation signals for STU:DHU:
Cyclically Adjusted PB Ratio: 0.76 (22% below median its 10-year median of 0.98)
GF Value™: €77.17 vs. price of €66.00 (14.5% below fair value)
Industry Position: 46.1% below the Insurance median (#87 of 417)
No single metric tells the full story. See the STU:DHU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Assured Guaranty Ltd. provides credit protection products to the United States and international public finance and structured finance markets and manages assets across collateralized loan obligations as well as opportunity funds and liquid funds that build on its corporate credit, asset-based finance, municipal, and healthcare experience. The company operates in two segments: the Insurance segment and the Asset Management segment. The majority of the revenue earned by the company is from the Insurance segment.
75GF Score
Get the complete analysis for STU:DHU
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
STU:DHU has been successfully added to your 
