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Peapack Gladstone Financial (Peapack Gladstone Financial) Cyclically Adjusted Price-to-FCF : 6.00 (As of Apr. 30, 2024)


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What is Peapack Gladstone Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Peapack Gladstone Financial's current share price is $22.43. Peapack Gladstone Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.74. Peapack Gladstone Financial's Cyclically Adjusted Price-to-FCF for today is 6.00.

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

PGC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.68   Med: 10.39   Max: 16.84
Current: 6.13

During the past years, Peapack Gladstone Financial's highest Cyclically Adjusted Price-to-FCF was 16.84. The lowest was 4.68. And the median was 10.39.

PGC's Cyclically Adjusted Price-to-FCF is ranked better than
60.55% of 839 companies
in the Banks industry
Industry Median: 7.42 vs PGC: 6.13

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.

Peapack Gladstone Financial's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.019. 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 $3.74 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Peapack Gladstone Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Peapack Gladstone Financial'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.

Peapack Gladstone Financial Cyclically Adjusted Price-to-FCF Chart

Peapack Gladstone Financial 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 10.77 8.05 11.40 10.10 7.98

Peapack Gladstone Financial 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 7.82 7.60 6.80 7.98 -

Competitive Comparison of Peapack Gladstone Financial's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Peapack Gladstone Financial'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.


Peapack Gladstone Financial's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Peapack Gladstone Financial 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.

Peapack Gladstone Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.43/3.74
=6.00

* 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.

Peapack Gladstone Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Peapack Gladstone Financial'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)
=0.019/129.4194*129.4194
=0.019

Current CPI (Dec. 2023) = 129.4194.

Peapack Gladstone Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.677 99.695 0.879
201406 0.295 100.560 0.380
201409 0.701 100.428 0.903
201412 0.267 99.070 0.349
201503 0.310 99.621 0.403
201506 0.810 100.684 1.041
201509 0.418 100.392 0.539
201512 0.310 99.792 0.402
201603 0.221 100.470 0.285
201606 0.766 101.688 0.975
201609 0.847 101.861 1.076
201612 0.559 101.863 0.710
201703 1.318 102.862 1.658
201706 0.404 103.349 0.506
201709 0.691 104.136 0.859
201712 0.588 104.011 0.732
201803 0.732 105.290 0.900
201806 0.892 106.317 1.086
201809 1.341 106.507 1.629
201812 0.336 105.998 0.410
201903 1.613 107.251 1.946
201906 0.600 108.070 0.719
201909 1.159 108.329 1.385
201912 0.968 108.420 1.155
202003 0.339 108.902 0.403
202006 0.678 108.767 0.807
202009 -0.165 109.815 -0.194
202012 0.908 109.897 1.069
202103 1.436 111.754 1.663
202106 1.183 114.631 1.336
202109 0.729 115.734 0.815
202112 0.339 117.630 0.373
202203 1.602 121.301 1.709
202206 2.080 125.017 2.153
202209 1.832 125.227 1.893
202212 0.684 125.222 0.707
202303 2.100 127.348 2.134
202306 0.237 128.729 0.238
202309 1.323 129.860 1.319
202312 0.019 129.419 0.019

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.


Peapack Gladstone Financial  (NAS:PGC) 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.


Peapack Gladstone Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Peapack Gladstone Financial (Peapack Gladstone Financial) Business Description

Traded in Other Exchanges
N/A
Address
500 Hills Drive, Suite 300, Bedminster, NJ, USA, 07921
Peapack Gladstone Financial Corp provides banking services. It operates through two segments namely Banking, which involves the delivery of loans and deposits, and Peapack Private Division which includes asset management services. The banking segment includes commercial real estate, multifamily, residential and consumer lending, deposit generation, and internet banking services. Peapack Private includes asset management services for individuals and institutions; personal trust services, administrator, custodian and guardian, and other financial planning and advisory services.
Executives
Stuart M. Vorcheimer officer: EVP, Comm & Ind Lndg 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Frank A. Cavallaro officer: SEVP & Chief Financial Officer 132 YALE AVENUE, SOMERDALE NJ 08083
Patrick Campion director C/O ANJIE LAROCCA, DEUTSCHE ASSET MGMT, 345 PARK AVENUE, NEW YORK NY 10154
John P Babcock officer: SEVP & Pres of Priv Wealth Mgt 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Anthony W. Spinelli director 500 HILLS DRIVE, SUITE 300, P.O. BOX 700, BEDMINSTER NJ 07921
Robert A. Plante officer: EVP, Chief Operating Officer 500 HILLS DRIVE, SUITE 300, P.O. BOX 700, BEDMINSTER NJ 07921
Carmen M Bowser director 1170 PEACHTREE STREET NE, SUITE 600, ATLANTA GA 30309
F Duffield Meyercord director
Douglas L Kennedy director, officer: President & CEO C/O PEAPACK GLADSTONE FINANCIAL CORP, 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921-1538
Francesco S Rossi officer: SVP/Chief Accounting Officer 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Vincent A Spero officer: EVP, Head of Comml Real Estate 190 MAIN STREET, PO BOX 178, GLADSTONE NJ 07934
Peter D. Horst director 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921
Steven A Kass director 226 LANDIS AVENUE, VINELAND NJ 08360
Jeffrey J Carfora officer: SEVP & Chief Financial Officer C/O PENNFED FINANCIAL SERVICES INC, 622 EAGLE ROCK AVENUE, WEST ORANGE NJ 07052
Gregory Martin Smith officer: EVP, Head of Comml Banking 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921