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


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What is Pacific Mercantile Bancorp Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pacific Mercantile Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Pacific Mercantile 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.

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Pacific Mercantile Bancorp Cyclically Adjusted Price-to-FCF Chart

Pacific Mercantile Bancorp Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted Price-to-FCF
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Pacific Mercantile Bancorp Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Competitive Comparison of Pacific Mercantile Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Pacific Mercantile 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.


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

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

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



Pacific Mercantile 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.

Pacific Mercantile Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2021 is calculated as:

For example, Pacific Mercantile Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2021 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=-0.067/114.6314*114.6314
=-0.067

Current CPI (Jun. 2021) = 114.6314.

Pacific Mercantile Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201109 -1.199 95.727 -1.436
201112 -2.082 95.213 -2.507
201203 -1.513 96.783 -1.792
201206 -3.977 96.819 -4.709
201209 0.088 97.633 0.103
201212 4.829 96.871 5.714
201303 1.397 98.209 1.631
201306 0.516 98.518 0.600
201309 -0.239 98.790 -0.277
201312 0.329 98.326 0.384
201403 0.086 99.695 0.099
201406 0.422 100.560 0.481
201409 -0.015 100.428 -0.017
201412 -0.056 99.070 -0.065
201503 -0.058 99.621 -0.067
201506 0.051 100.684 0.058
201509 0.064 100.392 0.073
201512 0.009 99.792 0.010
201603 -0.030 100.470 -0.034
201606 0.053 101.688 0.060
201609 0.054 101.861 0.061
201612 0.087 101.863 0.098
201703 0.037 102.862 0.041
201706 0.119 103.349 0.132
201709 0.172 104.136 0.189
201712 0.115 104.011 0.127
201803 0.095 105.290 0.103
201806 0.228 106.317 0.246
201809 0.135 106.507 0.145
201812 0.261 105.998 0.282
201903 0.201 107.251 0.215
201906 0.099 108.070 0.105
201909 0.276 108.329 0.292
201912 0.124 108.420 0.131
202003 0.091 108.902 0.096
202006 0.031 108.767 0.033
202009 0.053 109.815 0.055
202012 0.242 109.897 0.252
202103 0.054 111.754 0.055
202106 -0.067 114.631 -0.067

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.


Pacific Mercantile Bancorp  (NAS:PMBC) 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.


Pacific Mercantile Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Pacific Mercantile Bancorp (Pacific Mercantile Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
949 South Coast Drive, Suite 300, Costa Mesa, CA, USA, 92626
Pacific Mercantile Bancorp, through its subsidiary, is engaged in the commercial banking business in Southern California. Its Commercial Banking segment provides small and medium-sized businesses, professional firms, and individuals with a diversified range of products and services such as various types of deposit accounts, commercial and consumer loans, cash management services, and online banking services.
Executives
Denis P Kalscheur director 949 SOUTH COAST DRIVE, THIRD FLOOR, COSTA MESA CA 92626
Manish Dutta director 949 SOUTH COAST DRIVE THIRD FLOOR COSTA MESA CA 92626
Michele S Miyakawa director 949 SOUTH COAST DRIVE THIRD FLOOR COSTA MESA CA 92626
Shannon F Eusey director 949 SOUTH COAST DRIVE, THIRD FLOOR, COSTA MESA CA 92626
Stephen P Yost director 2221 EAST ROSECRANS AVENUE SUITE 131 EL SEGUNDO CA 90245
Michael P Hoopis director 23 CORPORATE PLAZA SUITE 246 NEWPORT BEACH CA 92660
Cindy Verity officer: EVP, Head of Cash Management 949 SOUTH COAST DRIVE THIRD FLOOR COSTA MESA CA 92626
Curt Alan Christianssen officer: EVP & CFO PACIFIC MERCANTILE BANK 949 SOUTH COAST DRIVE, THIRD FLOOR COSTA MESA CA 92626
Robert S. Anderson officer: EVP & Chief Credit Officer 949 SOUTH COAST DRIVE 3RD FLOOR COSTA MESA CA 92626
Philipp Garcia officer: EVP 949 SOUTH COAST DRIVE, THIRD FLOOR COSTA MESA CA 92626
Van Der Voort Shamara C. officer: EVP/Head of Operations 949 SOUTH COAST DRIVE 3RD FLOOR COSTA MESA CA 92626
Sean Foley officer: EVP CBO 949 SOUTH COAST DRIVE 3RD FLOOR COSTA MESA CA 92626
Maxwell Sinclair officer: EVP, Chief Compliance Officer PACIFIC MERCANTILE BANCORP 949 SOUTH COAST DRIVE, 3RD FLOOR COSTA MESA CA 92626
Bradford R Dinsmore officer: Chief Executive Officer 303 PEACHTREE STREET, NE, ATLANTA GA 30308
Tom Wagner officer: EVP, Corporate Finance 949 SOUTH COAST DRIVE 3RD FLOOR COSTA MESA CA 92626