GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Metro Bancorp Inc (NAS:METR) » Definitions » Cyclically Adjusted Price-to-FCF

Metro Bancorp (Metro Bancorp) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


View and export this data going back to . Start your Free Trial

What is Metro Bancorp Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Metro Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Metro 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.

Metro Bancorp Cyclically Adjusted Price-to-FCF Chart

Metro Bancorp Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Metro Bancorp Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 - - - - -

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

For the Banks - Regional subindustry, Metro 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.


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

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

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



Metro 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.

Metro Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2015 is calculated as:

For example, Metro Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2015 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2015 (Change)*Current CPI (Sep. 2015)
=0.829/100.3915*100.3915
=0.829

Current CPI (Sep. 2015) = 100.3915.

Metro Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200512 1.015 83.032 1.227
200603 0.046 84.298 0.055
200606 -1.071 85.606 -1.256
200609 -0.628 85.606 -0.736
200612 -1.092 85.142 -1.288
200703 1.447 86.640 1.677
200706 -0.119 87.906 -0.136
200709 -0.108 87.964 -0.123
200712 0.769 88.616 0.871
200803 0.368 90.090 0.410
200806 0.377 92.320 0.410
200809 -0.081 92.307 -0.088
200812 -0.417 88.697 -0.472
200903 0.417 89.744 0.466
200906 -1.298 91.003 -1.432
200909 -1.330 91.120 -1.465
200912 7.299 91.111 8.042
201003 -1.674 91.821 -1.830
201006 1.122 91.962 1.225
201009 0.438 92.162 0.477
201012 0.704 92.474 0.764
201103 0.698 94.283 0.743
201106 1.060 95.235 1.117
201109 0.735 95.727 0.771
201112 0.839 95.213 0.885
201203 0.123 96.783 0.128
201206 0.561 96.819 0.582
201209 1.013 97.633 1.042
201212 0.300 96.871 0.311
201303 1.110 98.209 1.135
201306 0.486 98.518 0.495
201309 0.778 98.790 0.791
201312 0.563 98.326 0.575
201403 0.605 99.695 0.609
201406 0.053 100.560 0.053
201409 0.593 100.428 0.593
201412 1.088 99.070 1.103
201503 0.684 99.621 0.689
201506 0.050 100.684 0.050
201509 0.829 100.392 0.829

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.


Metro Bancorp  (NAS:METR) 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.


Metro Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Metro Bancorp (Metro Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Metro Bancorp Inc was incorporated as Pennsylvania Commerce Bancorp, Inc. on April 23, 1999 and became an active bank holding company on July 1, 1999. The Company provides full banking services through its subsidiary, Metro Bank. The Bank provides retail and commercial banking services for consumers, and small and mid-sized companies in Pennsylvania. The Bank's lending and investment activities are funded mainly by retail deposits gathered through its retail store office network. It offers lending and depository services from its main store in Lemoyne, Pennsylvania, and it's thirty-two other full-service stores located in Cumberland, Dauphin, York, Berks, Lancaster and Lebanon Counties, Pennsylvania. The Bank provides various retail banking services and products including free personal checking accounts and business checking accounts, regular savings accounts, money market accounts, interest checking accounts, fixed rate certificates of deposit (CDs), individual retirement accounts, club accounts, debit card services, online banking (including bill payment services, a peer to peer payment service via Popmoney, external Account to Account transfers and same day bill payment capabilities), mobile banking, gift cards, safe deposit facilities and automated teller facilities. Its services also include lending activities including commercial and industrial, owner occupied real estate, commercial construction and land development and commercial real estate loans, consumer loan programs, home equity lines of credit, overdraft checking protection, consumer and business credit cards. The Bank also offers construction loans and permanent mortgages for homes. The Bank is a participant in the Small Business Administration (SBA) Loan Program and is an approved lender for qualified applicants. The Bank competes with local commercial banks as well as various regionally based commercial banks. The Bank competes with respect to its lending activities as well as in attracting demand, savings and time deposits with other commercial banks, savings banks, insurance companies, regulated small loan companies, credit unions and with issuers of commercial paper and other securities such as shares in money market funds. The Company is subject to the jurisdiction of the SEC and of state securities commissions for matters relating to the offering and sale of its securities and is subject to the SEC's rules and regulations relating to periodic reporting, reporting to shareholders, proxy solicitation and insider trading.
Executives
Steven W Cribbs officer: Chief Risk Officer 2212 PULLMAN WAY, HUMMELSTOWN PA 17111
John Rodney Messick director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Adam L Metz officer: Chief Lending Officer 145 BRYCE ROAD, CAMP HILL PA 17011
Richard J Lashley director C/O PL CAPITAL, LLC, 47 E. CHICAGO AVE., SUITE 328, NAPERVILLE IL 60540
Gary L Nalbandian director, officer: President/CEO, other: Chairman of the Board 100 SENATE AVENUE, CAMP HILL PA 17011
Douglas R Berry director 105 FOXFIRE LANE, LEWISBERRY PA 17339
Steve Solk officer: SVP Market Manager C/O CIT GROUP INC., ATTN GENERAL COUNSEL 1 CIT DRIVE LIVINGSTON NJ 07039
Rory G Ritrievi officer: Chief Lending Officer 2407 PARK DRIVE, HARRISBURG PA 17110
Hill Vernon W Ii director 17000 HORIZON WAY, SUITE 100, MT. LAUREL NJ 08054

Metro Bancorp (Metro Bancorp) Headlines

From GuruFocus

Metro Bancorp Inc (METR) Chairman of the Board Gary L Nalbandian buys 2,500 Shares

By GuruFocus Research GuruFocus Editor 09-10-2010

Metro Bancorp Inc (METR) Chairman of the Board Gary L Nalbandian buys 14,385 Shares

By GuruFocus Research GuruFocus Editor 09-28-2009

Metro Bancorp Inc Reports Operating Results (10-Q)

By gurufocus 10qk 08-09-2010

Metro Bancorp Inc Reports Operating Results (10-Q)

By gurufocus 10qk 11-10-2009

Metro Bancorp Inc Reports Operating Results (10-Q)

By gurufocus 10qk 05-10-2010

Metro Bancorp Inc Reports Operating Results (10-K)

By gurufocus 10qk 03-16-2011

Metro Bancorp Inc (METR) CFO Mark A Zody buys 1,500 Shares

By GuruFocus Research GuruFocus Editor 09-28-2009