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Towne Bank (Towne Bank) Cyclically Adjusted Price-to-FCF : 9.08 (As of Apr. 30, 2024)


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What is Towne Bank Cyclically Adjusted Price-to-FCF?

As of today (2024-04-30), Towne Bank's current share price is $26.24. Towne Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.89. Towne Bank's Cyclically Adjusted Price-to-FCF for today is 9.08.

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

TOWN' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.22   Med: 20.49   Max: 42.63
Current: 9.32

During the past years, Towne Bank's highest Cyclically Adjusted Price-to-FCF was 42.63. The lowest was 7.22. And the median was 20.49.

TOWN's Cyclically Adjusted Price-to-FCF is ranked worse than
63.72% of 838 companies
in the Banks industry
Industry Median: 7.415 vs TOWN: 9.32

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.

Towne Bank's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.486. 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 $2.89 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Towne Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Towne Bank'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.

Towne Bank Cyclically Adjusted Price-to-FCF Chart

Towne Bank 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 18.84 15.20 13.05 10.26 10.30

Towne Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.26 8.99 7.39 7.68 10.30

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

For the Banks - Regional subindustry, Towne Bank'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.


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

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

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



Towne Bank 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=26.24/2.89
=9.08

* 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.

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

For example, Towne Bank'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)
=0.486/129.4194*129.4194
=0.486

Current CPI (Dec. 2023) = 129.4194.

Towne Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.186 99.695 0.241
201406 -0.470 100.560 -0.605
201409 0.508 100.428 0.655
201412 0.700 99.070 0.914
201503 -1.053 99.621 -1.368
201506 -1.185 100.684 -1.523
201509 1.791 100.392 2.309
201512 1.553 99.792 2.014
201603 0.687 100.470 0.885
201606 -0.803 101.688 -1.022
201609 0.960 101.861 1.220
201612 1.829 101.863 2.324
201703 2.466 102.862 3.103
201706 -2.587 103.349 -3.240
201709 1.607 104.136 1.997
201712 0.563 104.011 0.701
201803 1.194 105.290 1.468
201806 -0.641 106.317 -0.780
201809 0.935 106.507 1.136
201812 2.677 105.998 3.269
201903 0.314 107.251 0.379
201906 -1.541 108.070 -1.845
201909 -0.152 108.329 -0.182
201912 1.011 108.420 1.207
202003 -0.086 108.902 -0.102
202006 -1.617 108.767 -1.924
202009 0.141 109.815 0.166
202012 2.693 109.897 3.171
202103 0.922 111.754 1.068
202106 1.178 114.631 1.330
202109 3.169 115.734 3.544
202112 1.432 117.630 1.576
202203 2.055 121.301 2.193
202206 1.019 125.017 1.055
202209 1.051 125.227 1.086
202212 0.880 125.222 0.909
202303 -0.455 127.348 -0.462
202306 0.324 128.729 0.326
202309 1.210 129.860 1.206
202312 0.486 129.419 0.486

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.


Towne Bank  (NAS:TOWN) 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.


Towne Bank Cyclically Adjusted Price-to-FCF Related Terms

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


Towne Bank (Towne Bank) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5716 High Street, Portsmouth, VA, USA, 23703
Towne Bank is a financial services company that places special emphasis on serving the financial needs of individuals, commercial enterprises, and professionals, offering retail and commercial banking services to numerous markets in Virginia and North Carolina. The company has three reportable segments: Banking Segment provides loan and deposit services to retail and commercial customers and provides commercial mortgage brokerage services and investment and asset management services, and the Realty Segment provides residential real estate services and mortgage loans. It also provides resort property management and residential and commercial title insurance, and Insurance Segment provides provide a wide array of insurance products, including property, casualty, life, and health insurance.

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