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Parke Bancorp (Parke Bancorp) Cyclically Adjusted Price-to-FCF : 6.40 (As of Apr. 27, 2024)


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What is Parke Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Parke Bancorp's current share price is $16.46. Parke Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.57. Parke Bancorp's Cyclically Adjusted Price-to-FCF for today is 6.40.

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

PKBK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.85   Med: 8.67   Max: 15.13
Current: 6.41

During the past years, Parke Bancorp's highest Cyclically Adjusted Price-to-FCF was 15.13. The lowest was 4.85. And the median was 8.67.

PKBK's Cyclically Adjusted Price-to-FCF is ranked better than
58.77% of 832 companies
in the Banks industry
Industry Median: 7.405 vs PKBK: 6.41

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.

Parke Bancorp's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.744. 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 $2.57 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Parke Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Parke 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.

Parke Bancorp Cyclically Adjusted Price-to-FCF Chart

Parke 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 12.85 8.16 9.96 8.72 7.88

Parke Bancorp 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 7.22 6.89 6.60 7.88 -

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

For the Banks - Regional subindustry, Parke 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.


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

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

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



Parke 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.46/2.57
=6.40

* 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.

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

For example, Parke 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)
=0.744/129.4194*129.4194
=0.744

Current CPI (Dec. 2023) = 129.4194.

Parke Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.339 99.695 -0.440
201406 0.713 100.560 0.918
201409 1.137 100.428 1.465
201412 0.763 99.070 0.997
201503 0.155 99.621 0.201
201506 0.396 100.684 0.509
201509 0.200 100.392 0.258
201512 -0.333 99.792 -0.432
201603 0.073 100.470 0.094
201606 0.560 101.688 0.713
201609 0.308 101.861 0.391
201612 0.061 101.863 0.078
201703 0.243 102.862 0.306
201706 -0.048 103.349 -0.060
201709 0.589 104.136 0.732
201712 0.709 104.011 0.882
201803 0.544 105.290 0.669
201806 0.469 106.317 0.571
201809 0.547 106.507 0.665
201812 0.837 105.998 1.022
201903 0.871 107.251 1.051
201906 0.432 108.070 0.517
201909 0.773 108.329 0.923
201912 0.742 108.420 0.886
202003 0.778 108.902 0.925
202006 0.149 108.767 0.177
202009 0.929 109.815 1.095
202012 1.168 109.897 1.375
202103 0.911 111.754 1.055
202106 0.649 114.631 0.733
202109 0.871 115.734 0.974
202112 0.752 117.630 0.827
202203 0.709 121.301 0.756
202206 1.085 125.017 1.123
202209 1.016 125.227 1.050
202212 0.747 125.222 0.772
202303 0.867 127.348 0.881
202306 0.344 128.729 0.346
202309 -0.060 129.860 -0.060
202312 0.744 129.419 0.744

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.


Parke Bancorp  (NAS:PKBK) 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.


Parke Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Parke Bancorp (Parke Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
601 Delsea Drive, Washington Township, NJ, USA, 08080
Parke Bancorp Inc operates as a commercial bank providing personal and financial services to individuals and small to mid-sized businesses in various states of the USA. The bank offers services such as loan products, deposit services, and other financial products through its retail branches and other channels to its customers. Its lending businesses are commercial real estate lending, residential real estate lending, and construction lending among others. The Company operates one reportable segment of business, community banking.
Executives
Jeffrey H Kripitz director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Vito S Pantilione director, officer: President 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Nicholas J Pantilione officer: SVP & Chief Lending Officer 601 DELSEA DRIVE, SEWELL NJ 08080
Ralph Martin Gallo officer: Executive VP/COO 601 DELSEA DRIVE, SEWELL NJ 08080
Arret F Dobson director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Daniel J Dalton director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Celestino R Pennoni director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Paul E Palmieri officer: SVP & Chief Credit Officer 601 DELSEA DRIVE, SEWELL NJ 08080
Edward Infantolino director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Sheppard Jack C Jr director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
John S Kaufman officer: SVP and CFO 1902 LONG HILL ROAD, MILLINGTON NJ 07946
John F Hawkins officer: CFO/SVP 601 DELSEA DRIVE, SEWELL NJ 08080
Anthony J Jannetti director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Elizabeth A Milavsky officer: Chief Operating Officer/EVP 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080
Fred G Choate director 601 DELSEA DRIVE, WASHINGTON TOWNSHIP NJ 08080

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