Webster Financial (STU:WED) Cyclically Adjusted PB Ratio: (As of Aug. 23, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

STU:WED Webster Financial Corp STU:WED
77 GF Score
Price €66.50
GF Value €52.22
! 7 Warning Signs
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What is Webster Financial Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Webster Financial  (STU:WED) 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.


Webster Financial Cyclically Adjusted PB Ratio Related Terms


Webster Financial Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Webster Financial'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.

Webster Financial Cyclically Adjusted PB Ratio Chart

Webster Financial 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 1.80 1.37 1.35 1.36 1.44

Webster Financial 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 1.28 1.37 1.44 1.54 1.65

STU:WED vs FHN, BPOP, UMBF: Cyclically Adjusted PB Ratio Comparison

For the Banks - Regional subindustry, Webster Financial'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.


Webster Financial Cyclically Adjusted PB Ratio vs Banks Industry

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

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


STU:WED
77GF Score
Webster Financial Corp STU:WED
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Webster Financial 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.

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

For example, Webster Financial'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)
=50.766/333.9520*333.9520
=50.766

Current CPI (Jun. 2026) = 333.9520.

Webster Financial Quarterly Data

Book Value per Share CPI Adj_Book
201609 23.256 241.428 32.169
201612 24.842 241.432 34.362
201703 24.779 243.801 33.942
201706 24.001 244.955 32.721
201709 22.967 246.819 31.075
201712 23.479 246.524 31.806
201803 22.694 249.554 30.369
201806 24.337 251.989 32.253
201809 24.844 252.439 32.866
201812 26.142 251.233 34.749
201903 27.117 254.202 35.624
201906 28.089 256.143 36.622
201909 29.670 256.759 38.590
201912 29.953 256.974 38.926
202003 29.559 258.115 38.244
202006 29.829 257.797 38.641
202009 28.939 260.280 37.130
202012 28.156 260.474 36.099
202103 29.061 264.877 36.640
202106 29.177 271.696 35.863
202109 30.412 274.310 37.024
202112 32.175 278.802 38.540
202203 40.241 287.504 46.742
202206 41.452 296.311 46.718
202209 43.752 296.808 49.227
202212 42.165 296.797 47.443
202303 42.823 301.836 47.379
202306 42.595 305.109 46.622
202309 43.106 307.789 46.770
202312 44.810 306.746 48.784
202403 45.148 312.332 48.273
202406 46.207 314.175 49.116
202409 46.851 315.301 49.622
202412 49.308 315.605 52.174
202503 48.941 319.799 51.107
202506 46.980 322.561 48.639
202509 47.448 324.800 48.785
202512 48.778 324.054 50.268
202603 49.587 330.213 50.148
202606 50.766 333.952 50.766

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.

Is Webster Financial (STU:WED) Overvalued in 2026?

Based on GuruFocus' analysis, Webster Financial stock appears to be overvalued. The current stock price of €66.50 is trading 27.3% above its estimated GF Value™ of €52.22.

Key valuation signals for STU:WED:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €52.22 vs. price of €66.50 (27.3% above fair value)
  • GF Score™: 77/100 with 7 warning signs

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


Webster Financial Business Description

Address 200 Elm Street, Stamford, CT, USA, 06902
Webster Financial Corp is a full-service provider of financial services, offering commercial and consumer banking, mortgages, and investment advisory along with trust and wealth management services in Connecticut, New York, Rhode Island, Massachusetts, and Pennsylvania. The company's segment includes Commercial Banking, HSA Bank, and Consumer Banking. It generates maximum revenue from the Commercial Banking segment.
77GF Score

Get the complete analysis for STU:WED

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

€66.50
Price
€52.22
GF Value