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Bank Of China (FRA:W8V) Cyclically Adjusted Price-to-FCF : 5.69 (As of May. 26, 2024)


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

As of today (2024-05-26), Bank Of China's current share price is €0.455. Bank Of China's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.08. Bank Of China's Cyclically Adjusted Price-to-FCF for today is 5.69.

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

FRA:W8V' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.82   Med: 3.85   Max: 9.58
Current: 5.01

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 3.85.

FRA:W8V's Cyclically Adjusted Price-to-FCF is ranked better than
68.31% of 833 companies
in the Banks industry
Industry Median: 7.38 vs FRA:W8V: 5.01

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 €0.000. 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 €0.08 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 3.77

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 3.77 4.92

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
=0.455/0.08
=5.69

* 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)
=0/115.2271*115.2271
=0.000

Current CPI (Mar. 2024) = 115.2271.

Bank Of China Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.011 98.200 0.013
201409 -0.015 98.900 -0.017
201412 -0.136 99.000 -0.158
201503 0.206 99.900 0.238
201506 0.124 99.500 0.144
201509 -0.057 100.500 -0.065
201512 0.056 100.600 0.064
201603 -0.069 102.200 -0.078
201606 0.085 101.400 0.097
201609 -0.035 102.400 -0.039
201612 0.097 102.600 0.109
201703 0.165 103.200 0.184
201706 0.105 103.100 0.117
201709 -0.090 104.100 -0.100
201712 0.001 104.500 0.001
201803 0.158 105.300 0.173
201806 -0.016 104.900 -0.018
201809 0.075 106.600 0.081
201812 0.031 106.500 0.034
201903 -0.106 107.700 -0.113
201906 0.060 107.700 0.064
201909 -0.189 109.800 -0.198
201912 0.025 111.200 0.026
202003 0.178 112.300 0.183
202006 -0.120 110.400 -0.125
202009 -0.036 111.700 -0.037
202012 0.003 111.500 0.003
202103 0.247 112.662 0.253
202106 0.041 111.769 0.042
202109 -0.109 112.215 -0.112
202112 0.171 113.108 0.174
202203 -0.155 114.335 -0.156
202206 0.076 114.558 0.076
202209 -0.094 115.339 -0.094
202212 0.121 115.116 0.121
202303 0.216 115.116 0.216
202306 0.052 114.558 0.052
202309 -0.069 115.339 -0.069
202312 0.137 114.781 0.138
202403 0.000 115.227 0.000

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  (FRA:W8V) 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

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


Bank Of China (FRA:W8V) Business Description

Industry
Traded in Other Exchanges
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%.

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