GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » City Bank (OTCPK:CTBK) » Definitions » Cyclically Adjusted Price-to-FCF

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


View and export this data going back to 2010. Start your Free Trial

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

Shiller PE for Stocks: The True Measure of Stock Valuation


City Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for City 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.

City Bank Cyclically Adjusted Price-to-FCF Chart

City Bank Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

City Bank Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 - - - - -

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

For the Banks - Regional subindustry, City 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.


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

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

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



City 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.

City Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2009 is calculated as:

For example, City Bank's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2009 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2009 (Change)*Current CPI (Jun. 2009)
=-0.191/91.0032*91.0032
=-0.191

Current CPI (Jun. 2009) = 91.0032.

City Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
199909 0.481 70.839 0.618
199912 0.387 71.008 0.496
200003 0.349 72.231 0.440
200006 0.123 72.737 0.154
200009 0.576 73.286 0.715
200012 0.257 73.413 0.319
200103 -0.544 74.341 -0.666
200106 1.015 75.100 1.230
200109 0.427 75.227 0.517
200112 0.383 74.552 0.468
200203 0.442 75.438 0.533
200206 0.071 75.902 0.085
200209 0.164 76.366 0.195
200212 0.321 76.324 0.383
200303 0.534 77.716 0.625
200306 -0.483 77.505 -0.567
200309 1.291 78.138 1.504
200312 0.382 77.758 0.447
200403 0.381 79.066 0.439
200406 0.402 80.037 0.457
200409 0.803 80.121 0.912
200412 0.277 80.290 0.314
200503 0.439 81.555 0.490
200506 -0.152 82.062 -0.169
200509 1.044 83.876 1.133
200512 0.356 83.032 0.390
200603 0.418 84.298 0.451
200606 0.341 85.606 0.363
200609 0.911 85.606 0.968
200612 0.611 85.142 0.653
200703 0.929 86.640 0.976
200706 0.283 87.906 0.293
200709 0.894 87.964 0.925
200712 0.777 88.616 0.798
200803 0.000 90.090 0.000
200806 0.000 92.320 0.000
200809 0.000 92.307 0.000
200812 0.000 88.697 0.000
200903 -0.882 89.744 -0.894
200906 -0.191 91.003 -0.191

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 Bank  (OTCPK:CTBK) 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 Bank Cyclically Adjusted Price-to-FCF Related Terms

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


City Bank (City Bank) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5219 City Bank Parkway, Lubbock, TX, USA, 79407
City Bank is engaged in general commercial and retail banking, with an emphasis on small and medium-sized businesses, construction lending for single-family residences and home mortgage lending.

City Bank (City Bank) Headlines

No Headlines