GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » HDFC Bank Ltd (NYSE:HDB) » Definitions » Cyclically Adjusted FCF per Share

HDFC Bank (HDFC Bank) Cyclically Adjusted FCF per Share : $0.00 (As of Dec. 2023)


View and export this data going back to 2001. Start your Free Trial

What is HDFC Bank Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

HDFC Bank's adjusted free cash flow per share for the three months ended in Dec. 2023 was $0.000. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $0.00 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-04-28), HDFC Bank's current stock price is $58.34. HDFC Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.00. HDFC Bank's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of HDFC Bank was 25.40. The lowest was 21.83. And the median was 24.10.


HDFC Bank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for HDFC Bank's Cyclically Adjusted FCF per Share 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.

HDFC Bank Cyclically Adjusted FCF per Share Chart

HDFC Bank Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

HDFC Bank Quarterly Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Dec22 Mar23 Dec23
Cyclically Adjusted FCF per Share 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 HDFC Bank's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, HDFC 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.


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

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

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



HDFC Bank Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, HDFC 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)
=0/153.2548*153.2548
=0.000

Current CPI (Dec. 2023) = 153.2548.

HDFC Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200806 0.000 53.554 0.000
200809 0.000 55.850 0.000
200812 0.000 56.232 0.000
200903 0.000 56.615 0.000
200906 0.000 58.527 0.000
200909 0.000 62.353 0.000
200912 0.000 64.648 0.000
201003 0.000 65.030 0.000
201006 0.000 66.560 0.000
201009 0.000 68.473 0.000
201012 0.000 70.768 0.000
201103 0.000 70.768 0.000
201106 0.000 72.298 0.000
201109 0.000 75.359 0.000
201112 0.000 75.359 0.000
201203 0.000 76.889 0.000
201209 0.000 82.244 0.000
201303 0.000 85.687 0.000
201309 0.000 91.042 0.000
201403 0.000 91.425 0.000
201409 0.000 96.780 0.000
201503 0.000 97.163 0.000
201509 0.000 101.753 0.000
201603 0.000 102.518 0.000
201609 0.000 105.961 0.000
201703 0.000 105.196 0.000
201709 0.000 109.021 0.000
201803 0.000 109.786 0.000
201809 0.000 115.142 0.000
201903 0.000 118.202 0.000
201909 0.000 123.175 0.000
202003 0.000 124.705 0.000
202009 0.000 130.118 0.000
202103 0.000 131.771 0.000
202109 0.000 135.847 0.000
202203 0.000 138.822 0.000
202209 0.000 144.661 0.000
202212 0.000 145.763 0.000
202303 0.000 146.865 0.000
202312 0.000 153.255 0.000

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


HDFC Bank  (NYSE:HDB) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of HDFC Bank was 25.40. The lowest was 21.83. And the median was 24.10.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


HDFC Bank Cyclically Adjusted FCF per Share Related Terms

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


HDFC Bank (HDFC Bank) Business Description

Industry
Address
Senapati Bapat Marg, HDFC Bank House, Lower Parel (West), Mumbai, MH, IND, 400 013
HDFC Bank Ltd is a large, publicly traded Indian bank. There are three units: retail banking, wholesale banking, and treasury. Retail banking services are offered through numerous branches and ATMs. Wholesale focuses on Indian corporations, and the treasury unit offers risk-management services, such as foreign exchange trading.

HDFC Bank (HDFC Bank) Headlines

From GuruFocus

Top 5 3rd Quarter Trades of Close Asset Management Ltd

By GuruFocus Research GuruFocus Editor 10-26-2022

HDFC Bank Limited 20-F Available Online

By Business Wire 06-29-2023