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Citizens Financial Group (BSP:C1FG34) Cyclically Adjusted Price-to-FCF : 9.63 (As of May. 24, 2024)


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What is Citizens Financial Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Citizens Financial Group's current share price is R$176.22. Citizens Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$18.29. Citizens Financial Group's Cyclically Adjusted Price-to-FCF for today is 9.63.

The historical rank and industry rank for Citizens Financial Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

BSP:C1FG34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.58   Med: 8.3   Max: 12.87
Current: 8.87

During the past years, Citizens Financial Group's highest Cyclically Adjusted Price-to-FCF was 12.87. The lowest was 5.58. And the median was 8.30.

BSP:C1FG34's Cyclically Adjusted Price-to-FCF is ranked worse than
59.93% of 836 companies
in the Banks industry
Industry Median: 7.43 vs BSP:C1FG34: 8.87

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.

Citizens Financial Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$5.841. 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 R$18.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citizens Financial Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Citizens Financial Group'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.

Citizens Financial Group Cyclically Adjusted Price-to-FCF Chart

Citizens Financial Group 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 - - - 10.28 8.26

Citizens Financial Group 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 7.65 6.69 6.53 8.26 8.97

Competitive Comparison of Citizens Financial Group's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Citizens Financial Group'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.


Citizens Financial Group's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Citizens Financial Group's Cyclically Adjusted Price-to-FCF falls into.



Citizens Financial Group 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.

Citizens Financial Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=176.22/18.29
=9.63

* 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.

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

For example, Citizens Financial Group'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)
=5.841/131.7762*131.7762
=5.841

Current CPI (Mar. 2024) = 131.7762.

Citizens Financial Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1.002 100.560 1.313
201409 0.580 100.428 0.761
201412 0.173 99.070 0.230
201503 0.189 99.621 0.250
201506 2.000 100.684 2.618
201509 1.866 100.392 2.449
201512 2.160 99.792 2.852
201603 2.238 100.470 2.935
201606 1.782 101.688 2.309
201609 2.691 101.861 3.481
201612 1.038 101.863 1.343
201703 4.893 102.862 6.268
201706 -2.663 103.349 -3.395
201709 5.034 104.136 6.370
201712 1.642 104.011 2.080
201803 4.122 105.290 5.159
201806 4.453 106.317 5.519
201809 -2.839 106.507 -3.513
201812 5.598 105.998 6.959
201903 3.919 107.251 4.815
201906 0.881 108.070 1.074
201909 3.621 108.329 4.405
201912 6.841 108.420 8.315
202003 -15.283 108.902 -18.493
202006 -1.493 108.767 -1.809
202009 8.302 109.815 9.962
202012 10.405 109.897 12.477
202103 -9.219 111.754 -10.871
202106 6.563 114.631 7.545
202109 15.460 115.734 17.603
202112 13.783 117.630 15.441
202203 17.613 121.301 19.134
202206 -19.248 125.017 -20.289
202209 30.725 125.227 32.332
202212 15.418 125.222 16.225
202303 11.769 127.348 12.178
202306 0.908 128.729 0.929
202309 10.219 129.860 10.370
202312 6.518 129.419 6.637
202403 5.841 131.776 5.841

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.


Citizens Financial Group  (BSP:C1FG34) 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.


Citizens Financial Group Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Citizens Financial Group's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Citizens Financial Group (BSP:C1FG34) Business Description

Traded in Other Exchanges
Address
One Citizens Plaza, Providence, RI, USA, RI 02903
Citizens Financial Group is a bank holding company headquartered in Providence, Rhode Island. Its two primary business segments are consumer banking and commercial banking. Citizens offers a mix of retail and commercial products including capital markets and wealth options. The bank has over 1,000 branches in 14 states, although it is primarily concentrated in the Northeast. It has over $220 billion of total assets.

Citizens Financial Group (BSP:C1FG34) Headlines

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