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Citizens Financial Group (Citizens Financial Group) Cyclically Adjusted Price-to-FCF : 8.77 (As of Apr. 27, 2024)


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What is Citizens Financial Group Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Citizens Financial Group's current share price is $35.15. Citizens Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $4.01. Citizens Financial Group's Cyclically Adjusted Price-to-FCF for today is 8.77.

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

CFG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.58   Med: 8.23   Max: 12.87
Current: 8.73

During the past years, Citizens Financial Group's highest Cyclically Adjusted Price-to-FCF was 12.87. The lowest was 5.58. And the median was 8.23.

CFG's Cyclically Adjusted Price-to-FCF is ranked worse than
59.38% of 832 companies
in the Banks industry
Industry Median: 7.405 vs CFG: 8.73

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.

Citizens Financial Group's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $1.330. 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 $4.01 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Citizens Financial Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Citizens Financial Group'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.

Citizens Financial Group Cyclically Adjusted Price-to-FCF Chart

Citizens Financial Group 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 - - - 10.28 8.26

Citizens Financial Group 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 7.65 6.69 6.53 8.26 -

Competitive Comparison of Citizens Financial Group's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Citizens Financial Group'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.


Citizens Financial Group's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Citizens Financial Group 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.

Citizens Financial Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=35.15/4.01
=8.77

* 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.

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

For example, Citizens Financial Group'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)
=1.33/129.4194*129.4194
=1.330

Current CPI (Dec. 2023) = 129.4194.

Citizens Financial Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 1.166 99.695 1.514
201406 0.448 100.560 0.577
201409 0.248 100.428 0.320
201412 0.065 99.070 0.085
201503 0.060 99.621 0.078
201506 0.643 100.684 0.827
201509 0.478 100.392 0.616
201512 0.556 99.792 0.721
201603 0.605 100.470 0.779
201606 0.520 101.688 0.662
201609 0.827 101.861 1.051
201612 0.309 101.863 0.393
201703 1.564 102.862 1.968
201706 -0.808 103.349 -1.012
201709 1.607 104.136 1.997
201712 0.498 104.011 0.620
201803 1.257 105.290 1.545
201806 1.181 106.317 1.438
201809 -0.691 106.507 -0.840
201812 1.441 105.998 1.759
201903 1.020 107.251 1.231
201906 0.229 108.070 0.274
201909 0.879 108.329 1.050
201912 1.667 108.420 1.990
202003 -3.128 108.902 -3.717
202006 -0.288 108.767 -0.343
202009 1.537 109.815 1.811
202012 2.022 109.897 2.381
202103 -1.636 111.754 -1.895
202106 1.305 114.631 1.473
202109 2.929 115.734 3.275
202112 2.437 117.630 2.681
202203 3.539 121.301 3.776
202206 -3.813 125.017 -3.947
202209 5.860 125.227 6.056
202212 2.939 125.222 3.038
202303 2.268 127.348 2.305
202306 0.179 128.729 0.180
202309 2.069 129.860 2.062
202312 1.330 129.419 1.330

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.


Citizens Financial Group  (NYSE:CFG) 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.


Citizens Financial Group Cyclically Adjusted Price-to-FCF Related Terms

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


Citizens Financial Group (Citizens Financial Group) Business Description

Address
One Citizens Plaza, Providence, RI, USA, RI 02903
Citizens Financial Group is a bank holding company headquartered in Providence, Rhode Island. Its two primary business segments are consumer banking and commercial banking. Citizens offers a mix of retail and commercial products including capital markets and wealth options. The bank has over 1,000 branches in 14 states, although it is primarily concentrated in the Northeast. It has over $220 billion of total assets.
Executives
Terrance J. Lillis director C/O CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Shivan S. Subramaniam director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Kevin Cummings director 101 JFK PARKWAY, SHORT HILLS NJ 07078
Michele N Siekerka director 101 JFK PARKWAY, SHORT HILLS NJ 07078
Polly N. Klane officer: General Counsel C/O CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Michael Ruttledge officer: Chief Information Officer CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Lee Alexander director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD. 11TH FLOOR, STAMFORD CT 06901
Christopher Swift director HARBORSIDE FINANCIAL CENTER, 3200 PLAZA 5, JERSEY CITY NJ 07311
Brendan Coughlin officer: Head of Consumer Banking CITIZENS FINANCIAL GROUP, INC, 600 WASHINGTON BLVD. 11TH FLOOR, STAMFORD CT 06901
William P Hankowsky director C/O LIBERTY PROPERTY TRUST, 65 VALLEY STREAM PARKWAY, MALVERN PA 19355
Robert G Leary director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD,, STAMFORD CT 06901
Charles John Koch director CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., CS119N, STAMFORD CT 06901
Higdon Leo I Jr director 1700 LINCOLN STREET, 28TH FLOOR, DENVER CO 80203
Elizabeth S. Johnson officer: Chief Experience Officer CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Susan Lamonica officer: Chief Human Resources Officer CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD. 11TH FLOOR, STAMFORD CT 06901