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WFC (Wells Fargo) Cyclically Adjusted PB Ratio : 1.69 (As of Jun. 27, 2025)


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What is Wells Fargo Cyclically Adjusted PB Ratio?

As of today (2025-06-27), Wells Fargo's current share price is $79.96. Wells Fargo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $47.39. Wells Fargo's Cyclically Adjusted PB Ratio for today is 1.69.

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

WFC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 1.45   Max: 2.55
Current: 1.69

During the past years, Wells Fargo's highest Cyclically Adjusted PB Ratio was 2.55. The lowest was 0.61. And the median was 1.45.

WFC's Cyclically Adjusted PB Ratio is ranked worse than
79.91% of 1284 companies
in the Banks industry
Industry Median: 1.03 vs WFC: 1.69

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.

Wells Fargo's adjusted book value per share data for the three months ended in Mar. 2025 was $49.815. 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 $47.39 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wells Fargo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wells Fargo'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.

* Premium members only.

Wells Fargo Cyclically Adjusted PB Ratio Chart

Wells Fargo Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 1.22 0.97 1.10 1.51

Wells Fargo Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.27 1.29 1.22 1.51 1.51

Competitive Comparison of Wells Fargo's Cyclically Adjusted PB Ratio

For the Banks - Diversified subindustry, Wells Fargo'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.


Wells Fargo's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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


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Wells Fargo 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.

Wells Fargo's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=79.96/47.39
=1.69

* 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.

Wells Fargo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Wells Fargo's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=49.815/134.9266*134.9266
=49.815

Current CPI (Mar. 2025) = 134.9266.

Wells Fargo Quarterly Data

Book Value per Share CPI Adj_Book
201506 32.634 100.684 43.733
201509 33.401 100.392 44.891
201512 33.539 99.792 45.347
201603 34.170 100.470 45.889
201606 35.043 101.688 46.497
201609 35.517 101.861 47.046
201612 34.894 101.863 46.220
201703 35.223 102.862 46.203
201706 36.129 103.349 47.168
201709 36.599 104.136 47.421
201712 37.120 104.011 48.153
201803 36.670 105.290 46.992
201806 37.007 106.317 46.966
201809 37.198 106.507 47.124
201812 37.752 105.998 48.055
201903 38.701 107.251 48.688
201906 39.827 108.070 49.725
201909 40.232 108.329 50.110
201912 40.053 108.420 49.845
202003 39.393 108.902 48.807
202006 38.424 108.767 47.665
202009 38.735 109.815 47.593
202012 39.465 109.897 48.453
202103 40.097 111.754 48.411
202106 41.490 114.631 48.836
202109 42.222 115.734 49.224
202112 43.118 117.630 49.458
202203 42.003 121.301 46.721
202206 41.518 125.017 44.809
202209 41.137 125.227 44.323
202212 41.937 125.222 45.187
202303 42.974 127.348 45.531
202306 43.827 128.729 45.937
202309 44.329 129.860 46.059
202312 46.205 129.419 48.171
202403 46.359 131.776 47.467
202406 46.969 132.554 47.810
202409 49.218 133.029 49.920
202412 48.804 133.157 49.453
202503 49.815 134.927 49.815

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.


Wells Fargo  (NYSE:WFC) 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.


Wells Fargo Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Wells Fargo's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Wells Fargo Business Description

Industry
Address
420 Montgomery Street, San Francisco, CA, USA, 94104
Wells Fargo is one of the largest banks in the United States, with approximately $1.9 trillion in balance sheet assets. The company has four primary segments: consumer banking, commercial banking, corporate and investment banking, and wealth and investment management. It is almost entirely focused on the US
Executives
Ather Iii Williams officer: Sr. Executive Vice President 30 HUDSON YARDS, NEW YORK NY 10001
Beurden Saul Van officer: Sr. Executive Vice President 150 EAST 42ND STREET, NEW YORK NY 10017
Richard K Davis director 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Thomas R Nides officer: Vice Chairman C/O WELLS FARGO & COMPANY, 420 MONTGOMERY STREET, SAN FRANCISCO CA 94104
Tracy M Kerrins officer: Sr. Executive Vice President 300 S BREVARD STREET, CHARLOTTE NC 28202
Kyle G Hranicky officer: Sr. Executive Vice President 1000 LOUISIANA STREET, HOUSTON TX 77002
Felicia F Norwood director 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Kleber Santos officer: Sr. Executive Vice President 1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Ellen R Patterson officer: Sr. EVP and General Counsel 30 HUDSON YARDS, NEW YORK NY 10001
Kristy Fercho officer: Sr. Executive Vice President 5151 CORPORATE DRIVE, TROY MI 48098
Cecelia Morken director 26025 MUREAU ROAD, CALABASAS CA 91302
Bei Ling officer: Sr. Executive Vice President 30 HUDSON YARDS, NEW YORK NY 10001
Michael P. Santomassimo officer: Sr. EVP & CFO 225 LIBERTY STREET, NEW YORK NY 10286
Mark A Chancy director 303 PEACHTREE ST., 30TH FLOOR, ATLANTA GA 30308
Lester Owens officer: Sr. Executive Vice President 240 GREENWICH STREET, NEW YORK NY 10286