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Webster Financial (Webster Financial) Cyclically Adjusted PS Ratio : 3.08 (As of Apr. 28, 2024)


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What is Webster Financial Cyclically Adjusted PS Ratio?

As of today (2024-04-28), Webster Financial's current share price is $45.03. Webster Financial's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $14.60. Webster Financial's Cyclically Adjusted PS Ratio for today is 3.08.

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

WBS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.84   Med: 3.57   Max: 6.55
Current: 3.08

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.

WBS's Cyclically Adjusted PS Ratio is ranked worse than
69.09% of 1184 companies
in the Banks industry
Industry Median: 2.38 vs WBS: 3.08

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 Dec. 2023 was $3.722. 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 $14.60 for the trailing ten years ended in Dec. 2023.

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 -

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
=45.03/14.6
=3.08

* 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 Dec. 2023 is calculated as:

For example, Webster Financial's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.722/129.4194*129.4194
=3.722

Current CPI (Dec. 2023) = 129.4194.

Webster Financial Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 2.263 99.695 2.938
201406 2.239 100.560 2.882
201409 2.299 100.428 2.963
201412 2.361 99.070 3.084
201503 2.396 99.621 3.113
201506 2.440 100.684 3.136
201509 2.492 100.392 3.213
201512 2.531 99.792 3.282
201603 2.598 100.470 3.347
201606 2.638 101.688 3.357
201609 2.685 101.861 3.411
201612 2.778 101.863 3.530
201703 2.769 102.862 3.484
201706 2.836 103.349 3.551
201709 2.884 104.136 3.584
201712 2.939 104.011 3.657
201803 3.067 105.290 3.770
201806 3.183 106.317 3.875
201809 3.282 106.507 3.988
201812 3.364 105.998 4.107
201903 3.363 107.251 4.058
201906 3.458 108.070 4.141
201909 3.379 108.329 4.037
201912 3.289 108.420 3.926
202003 3.335 108.902 3.963
202006 3.176 108.767 3.779
202009 3.280 109.815 3.866
202012 3.267 109.897 3.847
202103 3.335 111.754 3.862
202106 3.254 114.631 3.674
202109 3.474 115.734 3.885
202112 3.498 117.630 3.849
202203 3.381 121.301 3.607
202206 3.454 125.017 3.576
202209 3.806 125.227 3.933
202212 4.078 125.222 4.215
202303 3.853 127.348 3.916
202306 3.896 128.729 3.917
202309 3.954 129.860 3.941
202312 3.722 129.419 3.722

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  (NYSE:WBS) 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 (Webster Financial) 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.
Executives
Jack L Kopnisky director, officer: Exec. Chair. Company & Bank C/O STERLING NATIONAL BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Kristy Berner officer: EVP, GC & Corp Sec C/O PEOPLE'S UNITED BANK, N.A., 850 MAIN STREET, BRIDGEPORT CT 06604
Luis Massiani officer: Chief Operating Officer C/O PROVIDENT BANK, 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Katherine Vines Trumbull officer: Acting General Counsel 200 ELM STREET, STAMFORD CT 06902
Javier L. Evans officer: Chief Human Resources Officer 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Maureen Mitchell director 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Carol Hayles director C/O CIT GROUP, 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Linda H. Ianieri director C/O WEBSTER FINANCIAL CORP., 145 BANK STREET, WATERBURY CT 06702
Thomas X Geisel officer: President of Comm. Banking 400 RELLA BOULEVARD, MONTEBELLO NY 10901
Christopher J Motl officer: EVP-Commercial Banking C/O WEBSTER FINANCIAL CORP, 145 BANK STREET, WATERBURY CT 06702
William L Atwell director 1601 CHESTNUT ST, PHILADELPHIA PA 19192
Daniel Bley officer: EVP-Chief Risk Officer C/O WEBSTER FINANCIAL CORP, 145 BANK STREET, WATERBURY CT 06702
Karen Higgins-carter officer: Chief Information Officer C/O WEBSTER FINANCIAL CORP, 145 BANK STREET, WATERBURY CT 06702
Jonathan W. Roberts officer: EVP - Ret. Bank. & Cons. Lend. C/O WEBSTER FINANCIAL CORP., 145 BANK STREET, WATERBURY CT 06702
James P Blose officer: General Counsel & Corp. Sec. C/O 21 SCARSDALE ROAD, YONKERS NY 10707