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German American Bancorp (German American Bancorp) Cyclically Adjusted Price-to-FCF : 11.27 (As of Apr. 29, 2024)


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What is German American Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), German American Bancorp's current share price is $32.22. German American Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.86. German American Bancorp's Cyclically Adjusted Price-to-FCF for today is 11.27.

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

GABC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.28   Med: 16.31   Max: 25.86
Current: 11.3

During the past years, German American Bancorp's highest Cyclically Adjusted Price-to-FCF was 25.86. The lowest was 9.28. And the median was 16.31.

GABC's Cyclically Adjusted Price-to-FCF is ranked worse than
74.94% of 838 companies
in the Banks industry
Industry Median: 7.415 vs GABC: 11.30

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.

German American Bancorp's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.992. 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 $2.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


German American Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for German American Bancorp'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.

German American Bancorp Cyclically Adjusted Price-to-FCF Chart

German American Bancorp 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 19.56 16.07 16.07 13.96 11.35

German American Bancorp 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 13.96 11.85 9.63 9.67 11.35

Competitive Comparison of German American Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, German American Bancorp'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.


German American Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where German American Bancorp's Cyclically Adjusted Price-to-FCF falls into.



German American Bancorp 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.

German American Bancorp's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=32.22/2.86
=11.27

* 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.

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

For example, German American Bancorp'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)
=0.992/129.4194*129.4194
=0.992

Current CPI (Dec. 2023) = 129.4194.

German American Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.441 99.695 0.572
201406 0.139 100.560 0.179
201409 0.520 100.428 0.670
201412 0.585 99.070 0.764
201503 0.487 99.621 0.633
201506 0.281 100.684 0.361
201509 0.653 100.392 0.842
201512 0.070 99.792 0.091
201603 0.514 100.470 0.662
201606 0.711 101.688 0.905
201609 0.129 101.861 0.164
201612 0.294 101.863 0.374
201703 0.882 102.862 1.110
201706 0.217 103.349 0.272
201709 0.495 104.136 0.615
201712 0.312 104.011 0.388
201803 0.390 105.290 0.479
201806 0.475 106.317 0.578
201809 0.431 106.507 0.524
201812 0.705 105.998 0.861
201903 0.549 107.251 0.662
201906 -0.160 108.070 -0.192
201909 1.143 108.329 1.366
201912 0.588 108.420 0.702
202003 0.854 108.902 1.015
202006 0.625 108.767 0.744
202009 0.441 109.815 0.520
202012 1.296 109.897 1.526
202103 0.975 111.754 1.129
202106 0.670 114.631 0.756
202109 1.036 115.734 1.159
202112 0.942 117.630 1.036
202203 1.436 121.301 1.532
202206 0.098 125.017 0.101
202209 1.055 125.227 1.090
202212 0.881 125.222 0.911
202303 1.001 127.348 1.017
202306 0.650 128.729 0.653
202309 0.791 129.860 0.788
202312 0.992 129.419 0.992

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.


German American Bancorp  (NAS:GABC) 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.


German American Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


German American Bancorp (German American Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
711 Main Street, P.O. Box 810, Jasper, IN, USA, 47546
German American Bancorp Inc is a bank holding company. The Company's lines of business include 1) Retail and commercial banking business which involves attracting deposits from the general public and using those funds to originate consumer, commercial and agricultural, commercial and agricultural real estate, and residential mortgage loans. These core banking activities also include the sale of residential mortgage loans in the secondary market. 2) Wealth management services which involve providing trust, investment advisory, brokerage and retirement planning services to customers. 3) Insurance operations include the offering of a full range of personal and corporate property and casualty insurance products.
Executives
Thomas W Seger director 711 MAIN ST, JASPER IN 47546
Jack Sheidler director 1065 ASHLEY STREET, SUITE 200, BOWLING GREEN KY 42130
Susan J Ellspermann director 711 MAIN ST, P O BOX 810, JASPER IN 47546
Zachary W Bawel director 711 MAIN STREET BOX 810, JASPER IN 47546
Christina M Ryan director 711 MAIN ST, P O BOX 810, JASPER IN 47546
Bradley C Arnett officer: SVP, CHIEF LEGAL OFFICER 711 MAIN ST, JASPER IN 47546
Diane B Medley director 711 MAIN ST, PO BOX 810, JASPER IN 47546
Jason M Kelly director 711 MAIN ST, JASPER IN 47546
Tyson J Wagler director 711 MAIN ST, P O BOX 810, JASPER IN 47546
Chris A Ramsey director 706 JEFFERSON STREET, TELL CITY IN 47586
Michael F Beckwith officer: EVP - Chief Banking Officer 711 MAIN ST, JASPER IN 47546
Angela Curry director 711 MAIN ST, P O BOX 810, JASPER IN 47546
Marc D Fine director 830 WINDSOR WOODS DRIVE, EVANSVILLE IN 47715
Mark A Schroeder director, officer: PRESIDENT / CEO LEGRE & BARNES, 9100 KEYSTONE CROSSING SUITE 800, INDIANAPOLIS IN 46240
Amy D Jackson officer: EVP, Chief Administrative Offi 711 MAIN ST, JASPER IN 47546