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Bank Of China (Bank Of China) Cyclically Adjusted Price-to-FCF : 5.49 (As of May. 01, 2024)


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What is Bank Of China Cyclically Adjusted Price-to-FCF?

As of today (2024-05-01), Bank Of China's current share price is $11.20. Bank Of China's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $2.04. Bank Of China's Cyclically Adjusted Price-to-FCF for today is 5.49.

The historical rank and industry rank for Bank Of China's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BACHY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.82   Med: 3.83   Max: 9.58
Current: 5.16

During the past years, Bank Of China's highest Cyclically Adjusted Price-to-FCF was 9.58. The lowest was 2.82. And the median was 3.83.

BACHY's Cyclically Adjusted Price-to-FCF is ranked better than
72.88% of 837 companies
in the Banks industry
Industry Median: 7.39 vs BACHY: 5.16

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.

Bank Of China's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.008. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $2.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Of China Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bank Of China's Cyclically Adjusted Price-to-FCF 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.

Bank Of China Cyclically Adjusted Price-to-FCF Chart

Bank Of China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.81 3.75 2.93 3.42 3.78

Bank Of China Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF 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 3.02 3.34 3.67 3.78 4.94

Competitive Comparison of Bank Of China's Cyclically Adjusted Price-to-FCF

For the Banks - Diversified subindustry, Bank Of China'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.


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

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

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



Bank Of China Cyclically Adjusted Price-to-FCF Calculation

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

Bank Of China's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=11.20/2.04
=5.49

* 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.

Bank Of China's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bank Of China'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)
=0.008/114.6694*114.6694
=0.008

Current CPI (Mar. 2024) = 114.6694.

Bank Of China Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.358 98.200 0.418
201409 -0.477 98.900 -0.553
201412 -4.177 99.000 -4.838
201503 5.561 99.900 6.383
201506 3.468 99.500 3.997
201509 -1.608 100.500 -1.835
201512 1.530 100.600 1.744
201603 -1.910 102.200 -2.143
201606 2.381 101.400 2.693
201609 -0.994 102.400 -1.113
201612 2.565 102.600 2.867
201703 4.403 103.200 4.892
201706 2.955 103.100 3.287
201709 -2.691 104.100 -2.964
201712 0.029 104.500 0.032
201803 4.863 105.300 5.296
201806 -0.456 104.900 -0.498
201809 2.186 106.600 2.351
201812 0.887 106.500 0.955
201903 -3.006 107.700 -3.201
201906 1.692 107.700 1.801
201909 -5.204 109.800 -5.435
201912 0.694 111.200 0.716
202003 4.920 112.300 5.024
202006 -3.387 110.400 -3.518
202009 -1.055 111.700 -1.083
202012 0.077 111.500 0.079
202103 7.340 112.662 7.471
202106 1.235 111.769 1.267
202109 -3.215 112.215 -3.285
202112 4.829 113.108 4.896
202203 -4.264 114.335 -4.276
202206 2.000 114.558 2.002
202209 -2.321 115.339 -2.308
202212 3.211 115.116 3.199
202303 5.792 115.116 5.770
202306 1.395 114.558 1.396
202309 -1.844 115.339 -1.833
202312 3.736 114.669 3.736
202403 0.008 114.669 0.008

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


Bank Of China  (OTCPK:BACHY) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow 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 Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Bank Of China Cyclically Adjusted Price-to-FCF Related Terms

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Bank Of China (Bank Of China) Business Description

Industry
Address
No. 1 Fuxingmen Nei Dajie, Xicheng District, Beijing, CHN, 100818
Bank of China was founded in 1912 with headquarter in Beijing. The bank has evolved as a central bank, international exchange bank, and state-owned bank specializing in foreign trade business. BOC was listed on the Hong Kong and Shanghai stock exchanges in 2006. It provides a comprehensive range of financial services to customers across greater China and overseas. Central Huijin, a Chinese state-owned investment company and BOC's largest shareholder, controls 64%.

Bank Of China (Bank Of China) Headlines

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