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Community Trust Bancorp (Community Trust Bancorp) Cyclically Adjusted Price-to-FCF : 8.87 (As of Apr. 29, 2024)


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What is Community Trust Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Community Trust Bancorp's current share price is $42.03. Community Trust Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.74. Community Trust Bancorp's Cyclically Adjusted Price-to-FCF for today is 8.87.

The historical rank and industry rank for Community Trust Bancorp's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CTBI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.96   Med: 10.42   Max: 19.7
Current: 9

During the past years, Community Trust Bancorp's highest Cyclically Adjusted Price-to-FCF was 19.70. The lowest was 6.96. And the median was 10.42.

CTBI's Cyclically Adjusted Price-to-FCF is ranked worse than
60.74% of 838 companies
in the Banks industry
Industry Median: 7.415 vs CTBI: 9.00

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.

Community Trust Bancorp's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.042. 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 $4.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Community Trust Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Community Trust Bancorp'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.

Community Trust Bancorp Cyclically Adjusted Price-to-FCF Chart

Community Trust Bancorp 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 11.84 9.45 9.91 9.55 9.26

Community Trust Bancorp 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 7.93 7.48 7.24 9.26 -

Competitive Comparison of Community Trust Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Community Trust Bancorp'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.


Community Trust Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Community Trust Bancorp's Cyclically Adjusted Price-to-FCF falls into.



Community Trust Bancorp 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.

Community Trust Bancorp's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=42.03/4.74
=8.87

* 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.

Community Trust Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Community Trust Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.042/129.4194*129.4194
=1.042

Current CPI (Dec. 2023) = 129.4194.

Community Trust Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.826 99.695 1.072
201406 0.895 100.560 1.152
201409 0.851 100.428 1.097
201412 0.614 99.070 0.802
201503 1.240 99.621 1.611
201506 -0.282 100.684 -0.362
201509 1.146 100.392 1.477
201512 0.913 99.792 1.184
201603 0.606 100.470 0.781
201606 0.707 101.688 0.900
201609 1.573 101.861 1.999
201612 0.412 101.863 0.523
201703 0.798 102.862 1.004
201706 0.783 103.349 0.981
201709 0.925 104.136 1.150
201712 0.890 104.011 1.107
201803 -0.741 105.290 -0.911
201806 2.660 106.317 3.238
201809 0.886 106.507 1.077
201812 0.732 105.998 0.894
201903 0.669 107.251 0.807
201906 0.492 108.070 0.589
201909 2.236 108.329 2.671
201912 1.161 108.420 1.386
202003 0.749 108.902 0.890
202006 0.606 108.767 0.721
202009 0.979 109.815 1.154
202012 1.096 109.897 1.291
202103 1.760 111.754 2.038
202106 2.136 114.631 2.412
202109 0.642 115.734 0.718
202112 1.827 117.630 2.010
202203 1.474 121.301 1.573
202206 0.989 125.017 1.024
202209 1.354 125.227 1.399
202212 1.419 125.222 1.467
202303 1.357 127.348 1.379
202306 0.798 128.729 0.802
202309 1.240 129.860 1.236
202312 1.042 129.419 1.042

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.


Community Trust Bancorp  (NAS:CTBI) 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.


Community Trust Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Community Trust Bancorp (Community Trust Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
346 North Mayo Trail, P.O. Box 2947, Pikeville, KY, USA, 41502
Community Trust Bancorp Inc is a bank holding company. The Bank owns all the capital stock of one commercial bank and one trust company, serving small and mid-sized communities in eastern, north-eastern, central, and southcentral Kentucky, southern West Virginia, and north-eastern Tennessee. Through its subsidiaries, the Bank is engaged in commercial and personal banking and trust and wealth management activities, which include accepting time and demand deposits; making secured and unsecured loans to corporations, individuals, and others; providing cash management services to corporate and individual customers; issuing letters of credit; renting safe deposit boxes; and providing funds transfer services.
Executives
James B Draughn officer: Executive Vice President C/O COMMUNITY TRUST BANCORP INC, PO BOX 2947, PIKEVILLE KY 41502-2947
Franky Minnifield other: Director of Lead Bank 4809 CHAFFEY LANE, LEXINGTON KY 415020351
Ricky D Sparkman officer: Executive Vice President 1218 E BROADWAY, CAMPBELLSVILLE KY 42718
Kevin J Stumbo officer: Executive Vice President C/O COMMUNITY TRUST BANK, INC., PO BOX 2947, PIKEVILLE KY 41502-2947
David Andrew Jones officer: Executive Vice President 1544 WINCHESTER AVENUE, ASHLAND KY 41101
Farris Franklin H Jr director 2008 HIGH RIDGE ROAD, LOUISVILLE KY 40207
Mark A Gooch officer: EVP & Treasurer, other: Pres/CEO Community Trust Bank PO BOX 2947, PIKEVILLE KY 41502-2947
Chad C Street other: Director of Lead Bank 684 CEDAR CREEK ROAD, PIKEVILLE KY 41501-1432
M Lynn Parrish director PO BOX 2725, PIKEVILLE KY 41502-2725
Charles J Baird director P O BOX 351, PIKEVILLE KY 415020351
Billie J. Dollins officer: Executive Officer 3205 PEPPERHILL ROAD, LEXINGTON KY 40502
James J Gartner officer: Executive Vice President PO BOX 2947, PIKEVILLE KY 41502-2947
Andy D Waters officer: Executive Vice President 100 EAST VINE STREET, LEXINGTON KY 40507-1406
David I Tackett officer: Executive Vice President COMMUNITY TRUST BANK, INC., PO BOX 2974, PIKEVILLE KY 41502-2974
Richard W Newsom officer: Executive Vice President PO BOX 2947, PIKEVILLE KY 41502-2947