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China Construction Bank (China Construction Bank) Cyclically Adjusted FCF per Share : $0.00 (As of Mar. 2024)


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What is China Construction Bank Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

China Construction Bank's adjusted free cash flow per share for the three months ended in Mar. 2024 was $2.244. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, China Construction Bank's average Cyclically Adjusted FCF Growth Rate was 11.90% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of China Construction Bank was 11.50% per year. The lowest was -3.10% per year. And the median was 0.60% per year.

As of today (2024-05-01), China Construction Bank's current stock price is $12.86. China Construction Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.00. China Construction Bank's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of China Construction Bank was 5.38. The lowest was 2.50. And the median was 3.34.


China Construction Bank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for China Construction Bank's Cyclically Adjusted FCF per Share 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.

China Construction Bank Cyclically Adjusted FCF per Share Chart

China Construction Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.26 3.90 4.15 4.46 4.12

China Construction Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 4.85 4.74 3.95 4.12 -

Competitive Comparison of China Construction Bank's Cyclically Adjusted FCF per Share

For the Banks - Diversified subindustry, China Construction Bank's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF 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.


China Construction Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, China Construction Bank's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where China Construction Bank's Cyclically Adjusted Price-to-FCF falls into.



China Construction Bank Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF 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.

For example, China Construction Bank's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.244/114.6694*114.6694
=2.244

Current CPI (Mar. 2024) = 114.6694.

China Construction Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -2.253 98.200 -2.631
201409 4.828 98.900 5.598
201412 -2.137 99.000 -2.475
201503 3.462 99.900 3.974
201506 0.577 99.500 0.665
201509 3.018 100.500 3.444
201512 0.645 100.600 0.735
201603 4.365 102.200 4.898
201606 1.270 101.400 1.436
201609 6.470 102.400 7.245
201612 -1.674 102.600 -1.871
201703 3.023 103.200 3.359
201706 -4.521 103.100 -5.028
201709 3.038 104.100 3.346
201712 -0.780 104.500 -0.856
201803 4.450 105.300 4.846
201806 -0.938 104.900 -1.025
201809 5.458 106.600 5.871
201812 -3.327 106.500 -3.582
201903 3.332 107.700 3.548
201906 -1.962 107.700 -2.089
201909 0.633 109.800 0.661
201912 4.219 111.200 4.351
202003 5.551 112.300 5.668
202006 -4.967 110.400 -5.159
202009 6.303 111.700 6.471
202012 -0.496 111.500 -0.510
202103 3.064 112.662 3.119
202106 -1.048 111.769 -1.075
202109 3.738 112.215 3.820
202112 -0.570 113.108 -0.578
202203 5.905 114.335 5.922
202206 4.060 114.558 4.064
202209 0.061 115.339 0.061
202212 1.545 115.116 1.539
202303 4.229 115.116 4.213
202306 4.985 114.558 4.990
202309 -3.745 115.339 -3.723
202312 1.624 114.669 1.624
202403 2.244 114.669 2.244

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


China Construction Bank  (OTCPK:CICHY) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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 Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of China Construction Bank was 5.38. The lowest was 2.50. And the median was 3.34.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


China Construction Bank Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of China Construction Bank's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


China Construction Bank (China Construction Bank) Business Description

Address
No. 25, Finance Street, Xicheng District, Beijing, CHN, 100033
As one of the big four banks, China Construction Bank is headquartered in Beijing. The bank went public on the Hong Kong Stock Exchange in 2005 and listed shares in mainland China in 2007. Central Huijin Investment, China's sovereign wealth fund manager is the largest shareholder with a 57% share. Fullerton Financial Holdings (a subsidiary of Temasek) is the company's second-largest shareholder with a 4.99% stake. CCB strives to provide customers with comprehensive financial services. Corporate banking, retail banking, and wholesale banking business segments accounted for 36%, 57%, and 7% of profit before tax, respectively, in 2022.