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Wintrust Financial (Wintrust Financial) Cyclically Adjusted PB Ratio : 1.51 (As of May. 15, 2024)


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What is Wintrust Financial Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Wintrust Financial's current share price is $102.17. Wintrust Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $67.68. Wintrust Financial's Cyclically Adjusted PB Ratio for today is 1.51.

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

WTFC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 1.36   Max: 2.18
Current: 1.52

During the past years, Wintrust Financial's highest Cyclically Adjusted PB Ratio was 2.18. The lowest was 0.63. And the median was 1.36.

WTFC's Cyclically Adjusted PB Ratio is ranked worse than
78.73% of 1185 companies
in the Banks industry
Industry Median: 0.93 vs WTFC: 1.52

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.

Wintrust Financial's adjusted book value per share data for the three months ended in Mar. 2024 was $81.376. 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 $67.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wintrust Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wintrust 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.

* Premium members only.

Wintrust Financial Cyclically Adjusted PB Ratio Chart

Wintrust Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.45 1.18 1.58 1.35 1.39

Wintrust Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.14 1.11 1.14 1.39 1.54

Competitive Comparison of Wintrust Financial's Cyclically Adjusted PB Ratio

For the Banks - Regional subindustry, Wintrust 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.


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

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

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



Wintrust 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.

Wintrust Financial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=102.17/67.68
=1.51

* 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.

Wintrust Financial's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Wintrust Financial's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=81.376/129.4194*129.4194
=81.376

Current CPI (Mar. 2024) = 129.4194.

Wintrust Financial Quarterly Data

Book Value per Share CPI Adj_Book
201406 40.207 100.560 51.746
201409 40.737 100.428 52.497
201412 41.520 99.070 54.240
201503 42.301 99.621 54.954
201506 42.235 100.684 54.289
201509 43.123 100.392 55.592
201512 43.424 99.792 56.316
201603 44.667 100.470 57.537
201606 45.958 101.688 58.491
201609 46.857 101.861 59.534
201612 47.115 101.863 59.861
201703 47.877 102.862 60.238
201706 48.734 103.349 61.027
201709 49.857 104.136 61.962
201712 50.959 104.011 63.407
201803 51.661 105.290 63.500
201806 52.936 106.317 64.439
201809 54.185 106.507 65.842
201812 55.712 105.998 68.022
201903 57.327 107.251 69.177
201906 58.621 108.070 70.202
201909 60.237 108.329 71.964
201912 61.676 108.420 73.622
202003 62.132 108.902 73.838
202006 62.142 108.767 73.941
202009 63.567 109.815 74.915
202012 65.237 109.897 76.826
202103 67.341 111.754 77.986
202106 68.806 114.631 77.682
202109 70.191 115.734 78.491
202112 71.620 117.630 78.798
202203 71.258 121.301 76.027
202206 71.064 125.017 73.567
202209 69.563 125.227 71.892
202212 72.118 125.222 74.535
202303 75.242 127.348 76.466
202306 75.647 128.729 76.053
202309 75.187 129.860 74.932
202312 81.429 129.419 81.429
202403 81.376 129.419 81.376

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.


Wintrust Financial  (NAS:WTFC) 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.


Wintrust Financial Cyclically Adjusted PB Ratio Related Terms

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


Wintrust Financial (Wintrust Financial) Business Description

Traded in Other Exchanges
Address
9700 West Higgins Road, Suite 800, Rosemont, IL, USA, 60018
Wintrust Financial Corp is a financial holding company operating in the Chicago metropolitan area and southern Wisconsin through its wholly-owned banking subsidiaries. Wintrust conducts its business through three segments: community banking, specialty finance, and wealth management. Among other services, the company provides community-oriented, personal, and commercial banking, as well as the origination and purchase of residential mortgages for sale into the secondary market. A majority of its banks are banks chartered by the state of Illinois with scores of locations. The company has historically grown through both de novo organization and acquisitions. A majority of its loan portfolio is commercial, mostly in real estate. A majority of Wintrust's net revenue is net interest income.
Executives
David Eric Lee officer: EXECUTIVE VICE PRESIDENT 9700 W HIGGINS ROAD 8TH FLOOR, ROSEMONT IL 60018
Karin Gustafson Teglia director WINTRUST FINANCIAL CORPORATION, 9700 W HIGGINS RD 8TH FLOOR, ROSEMONT IL 60018
Timothy Crane officer: EXECUTIVE VICE PRESIDENT 1228 OAK STREET, WINNETKA IL 60093
Jeffrey D Hahnfeld officer: EVP-CONTROLLER & CHIEF ACC OFF WINTRUST FINANCIAL CORP, 9700 W HIGGINS ROAD 8TH FLOOR, ROSEMONT IL 60018
Hackett H Patrick Jr director ONE NORTH WACKER DRIVE, SUITE 4200, CHICAGO IL 60606
David L Stoehr officer: Chief Financial Officer
Brian A Kenney director GATX CORP, 500 WEST MONROE STREET, CHICAGO IL 60661
Washington Alex E Iii director 9700 W, HIGGINS RD 8TH FLOOR, ROSEMONT IL 60018
Thomas P Zidar officer: EXECUTIVE VICE PRESIDENT 640 WAGNER ROAD, GLENVIEW IL 60025
Elizabeth H. Connelly director 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Richard B Murphy officer: Executive Vice President 406 HUDSON, CLARENDON HILLS IL 60514
Edward J Wehmer director, officer: President 454 BUENA ROAD, LAKE FOREST IL 60045
Suzet M Mckinney director 9700 W. HIGGINS ROAD, 8TH FLOOR, ROSEMONT IL 60018
Kathleen M Boege officer: EVP, GENERAL COUNSEL AND SEC 2 NORTH RIVERSIDE PLAZA, SUITE 1300, CHICAGO IL 60606
David A Dykstra officer: Senior Vice President & COO