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City Holding Co (City Holding Co) Cyclically Adjusted Price-to-FCF : 16.76 (As of Apr. 27, 2024)


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What is City Holding Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), City Holding Co's current share price is $104.11. City Holding Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $6.21. City Holding Co's Cyclically Adjusted Price-to-FCF for today is 16.76.

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

CHCO' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.24   Med: 15.91   Max: 21.73
Current: 16.77

During the past years, City Holding Co's highest Cyclically Adjusted Price-to-FCF was 21.73. The lowest was 12.24. And the median was 15.91.

CHCO's Cyclically Adjusted Price-to-FCF is ranked worse than
85.82% of 832 companies
in the Banks industry
Industry Median: 7.405 vs CHCO: 16.77

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.

City Holding Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $2.230. 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 $6.21 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


City Holding Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for City Holding Co'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.

City Holding Co Cyclically Adjusted Price-to-FCF Chart

City Holding Co 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 18.79 15.57 16.39 16.39 17.76

City Holding Co 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 15.32 14.94 14.74 17.76 -

Competitive Comparison of City Holding Co's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, City Holding Co'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.


City Holding Co's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where City Holding Co's Cyclically Adjusted Price-to-FCF falls into.



City Holding Co 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.

City Holding Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=104.11/6.21
=16.76

* 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.

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

For example, City Holding Co'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)
=2.23/129.4194*129.4194
=2.230

Current CPI (Dec. 2023) = 129.4194.

City Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.390 99.695 0.506
201406 0.455 100.560 0.586
201409 1.308 100.428 1.686
201412 1.156 99.070 1.510
201503 0.860 99.621 1.117
201506 -0.241 100.684 -0.310
201509 2.186 100.392 2.818
201512 0.150 99.792 0.195
201603 0.953 100.470 1.228
201606 1.485 101.688 1.890
201609 0.530 101.861 0.673
201612 1.043 101.863 1.325
201703 1.194 102.862 1.502
201706 1.228 103.349 1.538
201709 0.838 104.136 1.041
201712 1.245 104.011 1.549
201803 0.682 105.290 0.838
201806 1.454 106.317 1.770
201809 1.221 106.507 1.484
201812 1.011 105.998 1.234
201903 1.125 107.251 1.358
201906 1.643 108.070 1.968
201909 1.684 108.329 2.012
201912 1.693 108.420 2.021
202003 1.230 108.902 1.462
202006 1.650 108.767 1.963
202009 0.732 109.815 0.863
202012 1.666 109.897 1.962
202103 1.170 111.754 1.355
202106 1.245 114.631 1.406
202109 2.156 115.734 2.411
202112 1.873 117.630 2.061
202203 1.871 121.301 1.996
202206 1.092 125.017 1.130
202209 2.415 125.227 2.496
202212 2.271 125.222 2.347
202303 2.647 127.348 2.690
202306 1.752 128.729 1.761
202309 2.413 129.860 2.405
202312 2.230 129.419 2.230

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.


City Holding Co  (NAS:CHCO) 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.


City Holding Co Cyclically Adjusted Price-to-FCF Related Terms

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


City Holding Co (City Holding Co) Business Description

Industry
Traded in Other Exchanges
N/A
Address
25 Gatewater Road, P.O. Box 7520, Charleston, WV, USA, 25313
City Holding Co is a financial holding company. It provides banking, trust and investment management and other financial solutions through its network of banking offices located in the states of West Virginia, Virginia, southeastern Ohio and Kentucky. It offers various products and services such as overdraft facilities, saving accounts, credit card and debit cards, loans for various purposes, investment advisory, securities brokerage, insurance, technology products, and others. These products and services are provided to commercial banking, consumer banking, mortgage banking, wealth management and trust services.
Executives
David L Bumgarner officer: SVP & Chief Financial Officer 214 BENT TREE ESTATES, SCOTT DEPOT WV 25560
J. Thomas Jones director ONE CITYPLACE DRIVE, SUITE 300, ST. LOUIS MO 63141
Hylton Tracy W Ii director PO BOX 1109, BECKLEY WV 25802-1109
Robert D Fisher director
Sharon Horton Rowe director 25 GATEWATER ROAD, CROSS LANES WV 25313
Quinlan Michael T Jr officer: SVP, Branch Banking 209 PARKVIEW DRIVE, ST ALBANS WV 25177
Gregory A Burton director 4504 WASHINGTON AVENUE SE, CHARLESTON WV 25304
Charles R Hageboeck director, officer: President & CEO
John A Derito officer: EVP, Commercial Banking 6 FOXCHASE ROAD, CHARLESTON WV 25304
Jeffrey Dale Legge officer: SVP, CAO & CIO 634 RIDGEWOOD ROAD, HUNTINGTON WV 25701
Javier A Reyes director 65 FALLING WATER LANE, MORGANTOWN WV 26508
Craig G Stilwell officer: EVP Retail Banking
Diane W Strong-treister director 503 PENNSYLVANIA AVENUE, CHARLESTON WV 25302
James L Rossi director
Charles W Fairchilds director C/O COMMUNITY FINANCIAL CORP, 38 NORTH CENTRAL AVENUE, STAUNTON VA 24401

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