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People's United Financial (People's United Financial) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is People's United Financial Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


People's United Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for People's United 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.

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People's United Financial Cyclically Adjusted PB Ratio Chart

People's United Financial Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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People's United Financial Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Competitive Comparison of People's United Financial's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, People's United 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.


People's United Financial's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

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

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



People's United 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.

People's United Financial's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2021 is calculated as:

For example, People's United Financial's adjusted Book Value per Share data for the three months ended in Dec. 2021 was:

Adj_Book=Book Value per Share/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=17.896/117.6295*117.6295
=17.896

Current CPI (Dec. 2021) = 117.6295.

People's United Financial Quarterly Data

Book Value per Share CPI Adj_Book
201203 15.029 96.783 18.266
201206 15.119 96.819 18.369
201209 15.057 97.633 18.141
201212 15.237 96.871 18.502
201303 15.240 98.209 18.254
201306 15.109 98.518 18.040
201309 15.072 98.790 17.946
201312 15.279 98.326 18.279
201403 15.340 99.695 18.100
201406 15.457 100.560 18.081
201409 15.522 100.428 18.181
201412 15.439 99.070 18.331
201503 15.544 99.621 18.354
201506 15.510 100.684 18.120
201509 15.649 100.392 18.336
201512 15.626 99.792 18.419
201603 15.797 100.470 18.495
201606 15.908 101.688 18.402
201609 15.994 101.861 18.470
201612 15.856 101.863 18.310
201703 15.945 102.862 18.234
201706 16.176 103.349 18.411
201709 16.283 104.136 18.393
201712 16.399 104.011 18.546
201803 16.426 105.290 18.351
201806 16.558 106.317 18.320
201809 16.389 106.507 18.101
201812 16.671 105.998 18.500
201903 17.134 107.251 18.792
201906 17.343 108.070 18.877
201909 17.541 108.329 19.047
201912 17.597 108.420 19.092
202003 17.624 108.902 19.036
202006 17.709 108.767 19.152
202009 17.867 109.815 19.138
202012 17.558 109.897 18.793
202103 17.425 111.754 18.341
202106 17.544 114.631 18.003
202109 17.622 115.734 17.911
202112 17.896 117.630 17.896

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.


People's United Financial  (NAS:PBCT) 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.


People's United Financial Cyclically Adjusted PB Ratio Related Terms

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People's United Financial (People's United Financial) Business Description

Traded in Other Exchanges
N/A
Address
850 Main Street, Bridgeport, CT, USA, 06604
People's United Financial Inc is a United States-based bank holding company. It operates in two segments: Commercial and Retail Banking. Commercial Banking includes commercial real estate lending, middle market, and business banking, mortgage warehouse and asset-based lending, and the equipment financing operations of PCLC, PUEFC, and LEAF. It also provides treasury management services, capital market capabilities, and commercial deposit products. Retail Banking includes consumer lending and consumer deposit gathering activities. The vast majority of its revenue is generated from the Commercial Banking segment.
Executives
Jeffrey J Tengel officer: President 1900 EAST NINTH STREET, CLEVELAND OH 44114
Lee C Powlus officer: Sr Ex VP & Chief Admin Officer 850 MAIN STREET, BRIDGEPORT CT 06604
Richard M Barry officer: Chief Credit Officer 726 EXCHANGE STREET SUITE 618 BUFFALO NY 14210
Jane Chwick director C/O MARKETAXESS HOLDINGS, INC., 299 PARK AVENUE, NEW YORK NY 10171
Cruger William Frank Jr. director C/O MARKETAXESS HOLDINGS INC., 299 PARK AVENUE, NEW YORK NY 10171
Kevin T. Bottomley director DANVERS BANCORP, INC. ONE CONANT STREET DANVERS MA 01923
Nancy Mcallister, director 30 CAMP WOODBINE ROAD, PORT JEFFERSON NY 11777
James A Thomas director

People's United Financial (People's United Financial) Headlines

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