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PKO Bank Polski (PKO Bank Polski) Cyclically Adjusted Price-to-FCF : 3.40 (As of Jun. 14, 2024)


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What is PKO Bank Polski Cyclically Adjusted Price-to-FCF?

As of today (2024-06-14), PKO Bank Polski's current share price is $14.50. PKO Bank Polski's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.27. PKO Bank Polski's Cyclically Adjusted Price-to-FCF for today is 3.40.

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

PSZKY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.65   Med: 4.59   Max: 19.02
Current: 3.48

During the past years, PKO Bank Polski's highest Cyclically Adjusted Price-to-FCF was 19.02. The lowest was 1.65. And the median was 4.59.

PSZKY's Cyclically Adjusted Price-to-FCF is ranked better than
77.29% of 828 companies
in the Banks industry
Industry Median: 7.23 vs PSZKY: 3.48

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.

PKO Bank Polski's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $-2.470. 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 $4.27 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PKO Bank Polski Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PKO Bank Polski'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.

PKO Bank Polski Cyclically Adjusted Price-to-FCF Chart

PKO Bank Polski 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 7.31 3.89 4.43 2.29 2.81

PKO Bank Polski 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 1.98 2.33 2.17 2.81 3.63

Competitive Comparison of PKO Bank Polski's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, PKO Bank Polski'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.


PKO Bank Polski's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where PKO Bank Polski's Cyclically Adjusted Price-to-FCF falls into.



PKO Bank Polski 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.

PKO Bank Polski's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.50/4.27
=3.40

* 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.

PKO Bank Polski's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PKO Bank Polski'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)
=-2.47/149.0435*149.0435
=-2.470

Current CPI (Mar. 2024) = 149.0435.

PKO Bank Polski Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.486 101.180 -2.189
201409 0.197 100.611 0.292
201412 0.314 100.122 0.467
201503 0.317 100.041 0.472
201506 0.956 100.448 1.419
201509 -0.329 99.634 -0.492
201512 1.934 99.471 2.898
201603 0.994 98.983 1.497
201606 -0.264 99.552 -0.395
201609 0.247 99.064 0.372
201612 0.275 100.366 0.408
201703 0.345 101.018 0.509
201706 -0.040 101.180 -0.059
201709 0.735 101.343 1.081
201712 2.343 102.564 3.405
201803 -1.180 102.564 -1.715
201806 -0.371 103.378 -0.535
201809 0.556 103.378 0.802
201812 2.948 103.785 4.234
201903 -0.937 104.274 -1.339
201906 -0.370 105.983 -0.520
201909 0.895 105.983 1.259
201912 1.162 107.123 1.617
202003 1.298 109.076 1.774
202006 3.857 109.402 5.255
202009 0.300 109.320 0.409
202012 0.792 109.565 1.077
202103 1.249 112.658 1.652
202106 1.164 113.960 1.522
202109 0.776 115.588 1.001
202112 3.088 119.088 3.865
202203 -0.357 125.031 -0.426
202206 1.540 131.705 1.743
202209 2.054 135.531 2.259
202212 0.223 139.113 0.239
202303 0.336 145.950 0.343
202306 2.288 147.009 2.320
202309 2.556 146.113 2.607
202312 3.734 147.741 3.767
202403 -2.470 149.044 -2.470

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.


PKO Bank Polski  (OTCPK:PSZKY) 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.


PKO Bank Polski Cyclically Adjusted Price-to-FCF Related Terms

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


PKO Bank Polski (PKO Bank Polski) Business Description

Industry
Traded in Other Exchanges
Address
Pu?awska street 15, Warsaw, POL, 02-515
PKO Bank Polski SA is a universal banking group operating primarily in Poland, with subsidiaries in the Ukraine and Sweden. The bank's corporate strategy places a premium on organic growth and acquisitions. It has a strong presence in retail deposits, mortgage loans, consumer finance, corporate deposits, corporate loans, and asset management. Majority of its net revenue is net interest income, overwhelmingly derived from customer loans. Net fees and commissions, in contrast, are diversified across loans and insurance, mutual funds and brokerage, cards, and customer accounts. The bank has an appreciably large portion of its deposit base originating from retail clients in relation to competitors.