GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Burke & Herbert Financial Services Corp (NAS:BHRB) » Definitions » Cyclically Adjusted FCF per Share

Burke & Herbert Financial Services (Burke & Herbert Financial Services) Cyclically Adjusted FCF per Share : $3.89 (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Burke & Herbert Financial Services Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Burke & Herbert Financial Services's adjusted free cash flow per share data for the fiscal year that ended in Dec. 2023 was $3.764. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.89 for the trailing ten years ended in Dec. 2023.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

As of today (2024-05-13), Burke & Herbert Financial Services's current stock price is $ 48.85. Burke & Herbert Financial Services's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec. 2023 was $3.89. Burke & Herbert Financial Services's Cyclically Adjusted Price-to-FCF of today is 12.56.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of Burke & Herbert Financial Services was 15.48. The lowest was 12.55. And the median was 14.21.


Burke & Herbert Financial Services Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Burke & Herbert Financial Services's Cyclically Adjusted FCF per Share 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.

Burke & Herbert Financial Services Cyclically Adjusted FCF per Share Chart

Burke & Herbert Financial Services Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 3.89

Burke & Herbert Financial Services Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 - - - 3.89 -

Competitive Comparison of Burke & Herbert Financial Services's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Burke & Herbert Financial Services'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.


Burke & Herbert Financial Services's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Burke & Herbert Financial Services's Cyclically Adjusted Price-to-FCF falls into.



Burke & Herbert Financial Services Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Burke & Herbert Financial Services's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.764/129.4194*129.4194
=3.764

Current CPI (Dec. 2023) = 129.4194.

Burke & Herbert Financial Services Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200212 2.312 76.324 3.920
200312 -0.165 77.758 -0.275
200412 2.640 80.290 4.255
200512 2.633 83.032 4.104
200612 0.000 85.142 0.000
201912 2.989 108.420 3.568
202012 2.562 109.897 3.017
202112 6.734 117.630 7.409
202212 5.086 125.222 5.256
202312 3.764 129.419 3.764

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Burke & Herbert Financial Services  (NAS:BHRB) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Burke & Herbert Financial Services's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=48.85/3.89
=12.56

* 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.

During the past 10 years, the highest Cyclically Adjusted Price-to-FCF of Burke & Herbert Financial Services was 15.48. The lowest was 12.55. And the median was 14.21.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Burke & Herbert Financial Services Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Burke & Herbert Financial Services's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Burke & Herbert Financial Services (Burke & Herbert Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
100 S Fairfax Street, Alexandria, VA, USA, 22314
Burke & Herbert Financial Services Corp is the bank holding company. The bank offers a full range of business and personal financial solutions designed to meet customers' banking, borrowing, and investment needs and has over 20 branches throughout the Northern Virginia region and commercial loan offices in Fredericksburg, Loudoun County, and Richmond, Virginia, and in Bethesda, Maryland.
Executives
Barnwell Julian Forrest Jr. director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Shawn Patrick Mclaughlin director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
David P Boyle director, officer: Chair, President, & CEO 5151 COLUMBUS RD, WOOSTER OH 44691
Jose David Riojas director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Mark Guthrie Anderson director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Nicholas Iii Carosi director 22900 SHAW ROAD, SUITE 111, STERLING VA 20166
Shannon Barrow Rowan officer: EVP, Wealth Services C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Hinson Samuel Laing Iii director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Smith Kendrick Cook officer: EVP, Operations C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Katherine Diane Bonnafe director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Edmund Hunt Burke director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Michael David Lubeley director C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Jennifer Palmer Schmidt officer: EVP, Enterprise Risk C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Joseph Frye Collum officer: Executive Vice President C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314
Emily Stavroula Debeniotis officer: EVP, Human Resources C/O BURKE & HERBERT FINANCIAL SERVICES, 100 S. FAIRFAX STREET, ALEXANDRIA VA 22314