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Webster Financial (FRA:WED) Cyclically Adjusted PS Ratio : 2.93 (As of May. 27, 2024)


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What is Webster Financial Cyclically Adjusted PS Ratio?

As of today (2024-05-27), Webster Financial's current share price is €40.20. Webster Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.73. Webster Financial's Cyclically Adjusted PS Ratio for today is 2.93.

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

FRA:WED' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.84   Med: 3.57   Max: 6.55
Current: 2.96

During the past years, Webster Financial's highest Cyclically Adjusted PS Ratio was 6.55. The lowest was 1.84. And the median was 3.57.

FRA:WED's Cyclically Adjusted PS Ratio is ranked worse than
64.12% of 1190 companies
in the Banks industry
Industry Median: 2.4 vs FRA:WED: 2.96

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Webster Financial's adjusted revenue per share data for the three months ended in Mar. 2024 was €3.595. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €13.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Webster Financial Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Webster Financial's Cyclically Adjusted PS 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.

Webster Financial Cyclically Adjusted PS Ratio Chart

Webster Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.87 3.72 4.46 3.45 3.48

Webster 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 PS 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 2.80 2.63 2.77 3.48 3.39

Competitive Comparison of Webster Financial's Cyclically Adjusted PS Ratio

For the Banks - Regional subindustry, Webster Financial's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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's Cyclically Adjusted PS Ratio Distribution in the Banks Industry

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

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



Webster Financial Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Webster Financial's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=40.20/13.73
=2.93

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.595/131.7762*131.7762
=3.595

Current CPI (Mar. 2024) = 131.7762.

Webster Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.648 100.560 2.160
201409 1.784 100.428 2.341
201412 1.915 99.070 2.547
201503 2.214 99.621 2.929
201506 2.174 100.684 2.845
201509 2.221 100.392 2.915
201512 2.324 99.792 3.069
201603 2.333 100.470 3.060
201606 2.347 101.688 3.041
201609 2.392 101.861 3.094
201612 2.634 101.863 3.408
201703 2.589 102.862 3.317
201706 2.524 103.349 3.218
201709 2.419 104.136 3.061
201712 2.484 104.011 3.147
201803 2.487 105.290 3.113
201806 2.725 106.317 3.378
201809 2.813 106.507 3.480
201812 2.957 105.998 3.676
201903 2.976 107.251 3.657
201906 3.060 108.070 3.731
201909 3.068 108.329 3.732
201912 2.960 108.420 3.598
202003 3.018 108.902 3.652
202006 2.820 108.767 3.417
202009 2.784 109.815 3.341
202012 2.685 109.897 3.220
202103 2.802 111.754 3.304
202106 2.701 114.631 3.105
202109 2.953 115.734 3.362
202112 3.096 117.630 3.468
202203 3.070 121.301 3.335
202206 3.268 125.017 3.445
202209 3.844 125.227 4.045
202212 3.850 125.222 4.052
202303 3.598 127.348 3.723
202306 3.596 128.729 3.681
202309 3.705 129.860 3.760
202312 3.413 129.419 3.475
202403 3.595 131.776 3.595

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


Webster Financial  (FRA:WED) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Webster Financial Cyclically Adjusted PS Ratio Related Terms

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


Webster Financial (FRA:WED) Business Description

Traded in Other Exchanges
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.

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