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West Bancorp (West Bancorp) Cyclically Adjusted Price-to-FCF : 8.11 (As of Apr. 27, 2024)


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

As of today (2024-04-27), West Bancorp's current share price is $16.71. West Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.06. West Bancorp's Cyclically Adjusted Price-to-FCF for today is 8.11.

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

WTBA' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7   Med: 12.63   Max: 17.82
Current: 8.12

During the past years, West Bancorp's highest Cyclically Adjusted Price-to-FCF was 17.82. The lowest was 7.00. And the median was 12.63.

WTBA's Cyclically Adjusted Price-to-FCF is ranked worse than
55.29% of 832 companies
in the Banks industry
Industry Median: 7.405 vs WTBA: 8.12

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.

West Bancorp's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.267. 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 $2.06 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


West Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for West 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.

West Bancorp Cyclically Adjusted Price-to-FCF Chart

West 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 15.19 10.82 15.29 11.51 10.30

West 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 11.51 8.33 8.39 7.69 10.30

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

For the Banks - Regional subindustry, West 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.


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

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

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



West 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.71/2.06
=8.11

* 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.

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

For example, West 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)
=-0.267/129.4194*129.4194
=-0.267

Current CPI (Dec. 2023) = 129.4194.

West Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.324 99.695 0.421
201406 0.373 100.560 0.480
201409 0.400 100.428 0.515
201412 0.212 99.070 0.277
201503 0.391 99.621 0.508
201506 0.543 100.684 0.698
201509 0.346 100.392 0.446
201512 0.503 99.792 0.652
201603 0.075 100.470 0.097
201606 0.354 101.688 0.451
201609 0.320 101.861 0.407
201612 0.332 101.863 0.422
201703 0.432 102.862 0.544
201706 0.437 103.349 0.547
201709 0.425 104.136 0.528
201712 0.438 104.011 0.545
201803 0.583 105.290 0.717
201806 0.449 106.317 0.547
201809 0.606 106.507 0.736
201812 0.468 105.998 0.571
201903 0.399 107.251 0.481
201906 0.589 108.070 0.705
201909 0.630 108.329 0.753
201912 0.561 108.420 0.670
202003 0.620 108.902 0.737
202006 0.779 108.767 0.927
202009 0.445 109.815 0.524
202012 0.574 109.897 0.676
202103 0.843 111.754 0.976
202106 0.673 114.631 0.760
202109 0.635 115.734 0.710
202112 0.779 117.630 0.857
202203 0.509 121.301 0.543
202206 0.985 125.017 1.020
202209 0.701 125.227 0.724
202212 0.075 125.222 0.078
202303 -0.278 127.348 -0.283
202306 -0.004 128.729 -0.004
202309 -0.114 129.860 -0.114
202312 -0.267 129.419 -0.267

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.


West Bancorp  (NAS:WTBA) 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.


West Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


West Bancorp (West Bancorp) Business Description

Industry
Traded in Other Exchanges
Address
1601 22nd Street, West Des Moines, IA, USA, 50266
West Bancorp Inc is a United States-based company that offers a full range of deposit services, including checking, savings, and money market accounts and time certificates of deposit. West Bank also offers online banking, mobile banking, and treasury management services, which help to meet the banking needs of its customers. Treasury management services offered to business customers include cash management, client-generated automated clearing house transactions, remote deposit, and fraud protection services. Also offered are merchant credit card processing and corporate credit cards. The bank operates only in the United States of America region.
Executives
David D Nelson director, officer: CEO & PRESIDENT 1601 22ND STREET, WEST DES MOINES IA 50266
Bradley P Peters officer: Executive Vice President 4808 SYCAMORE COURT, EAGAN MN 55123
Sean Patrick Mcmurray director 13230 ASHLEAF DR, CLIVE IA 50325
George D Milligan director 118 2ND AVE SE, CEDAR RAPIDS IA 52401
Rosemary Parson director 3608 129TH STREET, URBANDALE IA 50322
Patrick J Donovan director 445 MINNESOTA ST STE 2000, ST PAUL MN 55101
Douglas R Gulling director, officer: EVP & CFO 9620 HAMMONTREE DRIVE, DES MOINES IA 50322
Lisa J Elming director 6826 NW 88TH CT, JOHNSTON IA 50131
David R Milligan director, officer: CEO & PRESIDENT 10165 LINCOLN AVENUE, DES MOINES IA 50325
Steven T Schuler director 12917 WILDEN CIRCLE, URBANDALE IA 50323
Michael J Gerdin director 901 HEARTLAND WAY, NORTH LIBERTY IA 52317
Therese M Vaughan director VALIDUS HOLDINGS, THE CHARTIS BUILDING / 29 RICHMOND ROAD, PEMBROKE D0 HM 08
Jane M Funk officer: SVP / Controller C/O NORTH CENTRAL BANCSHARES INC, 825 CENTRAL AVENUE, FORT DODGE IA 50501
Marie I Roberts officer: SVP, CONTROLLER AND CAC 13050 WALNUT RIDGE CIRCLE, CLIVE IA 50325
Harlee Olafson officer: CHIEF RISK OFFICER 1601 22ND STREET, WEST DES MOINES IA 50266