Trust Bank (DHA:TRUSTBANK) Cyclically Adjusted FCF per Share: BDT14.35 (As of Mar. 2026)

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DHA:TRUSTBANK Trust Bank PLC DHA:TRUSTBANK
73 GF Score
Price BDT15.90
GF Value BDT21.79
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is Trust Bank Cyclically Adjusted FCF per Share?

Trust Bank DHA:TRUSTBANK -1.24% 73 Cyclically Adjusted FCF per Share is BDT14.35 as of Mar. 2026. GuruFocus rates DHA:TRUSTBANK with a GF Score™ of 73/100 and a GF Value™ of BDT21.79 (Modestly Undervalued). The stock has 1 warning sign investors should review.

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.

Trust Bank's adjusted free cash flow per share for the three months ended in Mar. 2026 was BDT18.801. 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 BDT14.35 for the trailing ten years ended in Mar. 2026.

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 (2026-07-19), Trust Bank's current stock price is BDT15.90. Trust Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was BDT14.35. Trust Bank's Cyclically Adjusted Price-to-FCF of today is 1.11.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Trust Bank was 1.39. The lowest was 1.03. And the median was 1.17.


Trust Bank  (DHA:TRUSTBANK) 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.

Trust Bank's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=15.90/14.35
=1.11

* 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.

During the past 11 years, the highest Cyclically Adjusted Price-to-FCF of Trust Bank was 1.39. The lowest was 1.03. And the median was 1.17.


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.


Trust Bank Cyclically Adjusted FCF per Share Related Terms


Trust Bank Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Trust Bank'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.

Trust Bank Cyclically Adjusted FCF per Share Chart

Trust Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 13.04

Trust Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 14.22 13.04 14.35

Trust Bank Cyclically Adjusted FCF per Share Competitor Comparison

For the Banks - Regional subindustry, Trust 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.


Trust Bank Cyclically Adjusted Price-to-FCF vs Banks Industry

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

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


DHA:TRUSTBANK
73GF Score
Trust Bank PLC DHA:TRUSTBANK
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trust Bank 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, Trust Bank's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=18.801/330.2130*330.2130
=18.801

Current CPI (Mar. 2026) = 330.2130.

Trust Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 11.435 241.018 15.667
201609 -6.285 241.428 -8.596
201612 2.807 241.432 3.839
201703 -17.135 243.801 -23.208
201706 2.944 244.955 3.969
201709 14.780 246.819 19.774
201712 -13.025 246.524 -17.447
201803 -4.922 249.554 -6.513
201806 14.895 251.989 19.519
201809 1.302 252.439 1.703
201812 -7.969 251.233 -10.474
201903 -6.647 254.202 -8.635
201906 25.820 256.143 33.286
201909 3.039 256.759 3.908
201912 -3.264 256.974 -4.194
202003 7.919 258.115 10.131
202006 15.444 257.797 19.782
202009 3.129 260.280 3.970
202012 10.891 260.474 13.807
202103 -11.995 264.877 -14.954
202106 10.164 271.696 12.353
202109 -9.492 274.310 -11.426
202112 -30.562 278.802 -36.198
202203 0.065 287.504 0.075
202206 15.494 296.311 17.267
202209 -10.685 296.808 -11.888
202212 -0.224 296.797 -0.249
202303 -1.148 301.836 -1.256
202306 29.936 305.109 32.399
202309 -4.903 307.789 -5.260
202312 -13.223 306.746 -14.235
202403 6.265 312.332 6.624
202406 13.403 314.175 14.087
202409 1.675 315.301 1.754
202412 27.483 315.605 28.755
202503 12.211 319.799 12.609
202506 12.907 322.561 13.213
202509 18.516 324.800 18.825
202512 -7.934 324.054 -8.085
202603 18.801 330.213 18.801

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

What does a Cyclically Adjusted FCF per Share of BDT14.35 mean?
Trust Bank (DHA:TRUSTBANK) has a Cyclically Adjusted FCF per Share of BDT14.35 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Trust Bank and its competitors.
Is Trust Bank's Cyclically Adjusted FCF per Share too high?
Trust Bank's current Cyclically Adjusted FCF per Share is BDT14.35. Overall, Trust Bank has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Trust Bank's Cyclically Adjusted FCF per Share compare to competitors?
Trust Bank's Cyclically Adjusted FCF per Share of BDT14.35 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Banks company?
A good Cyclically Adjusted FCF per Share depends on the Banks industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Trust Bank and its competitors. Trust Bank's current Cyclically Adjusted FCF per Share is BDT14.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trust Bank stock overvalued right now?
Based on GuruFocus' analysis, Trust Bank (DHA:TRUSTBANK) is currently considered Modestly Undervalued. The stock's GF Value™ is BDT21.79, compared to a current price of BDT15.90 — trading 27% below its estimated fair value. The current Cyclically Adjusted FCF per Share is BDT14.35. Trust Bank's overall GF Score™ is 73/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Trust Bank (DHA:TRUSTBANK), the current Cyclically Adjusted FCF per Share is BDT14.35 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Trust Bank (DHA:TRUSTBANK) Overvalued in 2026?

Based on GuruFocus' analysis, Trust Bank stock appears to be undervalued. The current stock price of BDT15.90 is trading 27% below its estimated GF Value™ of BDT21.79. GuruFocus considers Trust Bank to be Modestly Undervalued.

Key valuation signals for DHA:TRUSTBANK:

  • Cyclically Adjusted FCF per Share: BDT14.35
  • GF Value™: BDT21.79 vs. price of BDT15.90 (27% below fair value)
  • GF Score™: 73/100 with 1 warning sign

No single metric tells the full story. See the DHA:TRUSTBANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Trust Bank Business Description

Address Shadhinata Tower, Bir Srestha Shaheed Jahangir Gate, Dhaka Cantonment, Dhaka, BGD, 1206
Trust Bank PLC is a full-service commercial bank. The Bank offers a wide range of banking products and services, such as Retail banking, SME banking, Islamic banking, corporate banking, and international banking, among others. The bank provides a range of banking services that include deposit banking, loans & advances, export-import financing, and national & international remittance facilities, issuing debit and credit cards, SMS banking, internet banking, call center, dealing in government securities, etc.
73GF Score

Get the complete analysis for DHA:TRUSTBANK

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT15.90
Price
BDT21.79
GF Value