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FRCPD.CL.PFD (First Republic Bank) Cyclically Adjusted FCF per Share : $0.00 (As of Dec. 2022)


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What is First Republic Bank Cyclically Adjusted FCF per Share?

Note: As Cyclically Adjusted FCF per Share is a main component used to calculate Cyclically Adjusted Price-to-FCF. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

First Republic Bank's adjusted free cash flow per share for the three months ended in Dec. 2022 was $-0.004. 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 $0.00 for the trailing ten years ended in Dec. 2022.

During the past 12 months, First Republic Bank's average Cyclically Adjusted FCF Growth Rate was -0.60% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 5.20% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was -1.10% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was -9.60% per year. 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of First Republic Bank was 324.90% per year. The lowest was -46.20% per year. And the median was -2.50% per year.

As of today (2025-05-22), First Republic Bank's current stock price is $25.06. First Republic Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2022 was $0.00. First Republic Bank's Cyclically Adjusted Price-to-FCF of today is .

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of First Republic Bank was 53.48. The lowest was 0.01. And the median was 16.54.


First Republic Bank Cyclically Adjusted FCF per Share Historical Data

The historical data trend for First Republic 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.

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First Republic Bank Cyclically Adjusted FCF per Share Chart

First Republic Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted FCF per Share
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First Republic Bank Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Competitive Comparison of First Republic Bank's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, First Republic 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.


First Republic Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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


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First Republic 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, First Republic Bank's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2022 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=-0.004/125.2218*125.2218
=-0.004

Current CPI (Dec. 2022) = 125.2218.

First Republic Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -0.023 98.209 -0.029
201306 0.075 98.518 0.095
201309 0.012 98.790 0.015
201312 0.028 98.326 0.036
201403 0.002 99.695 0.003
201406 0.019 100.560 0.024
201409 0.027 100.428 0.034
201412 0.042 99.070 0.053
201503 0.011 99.621 0.014
201506 0.040 100.684 0.050
201509 0.043 100.392 0.054
201512 0.014 99.792 0.018
201603 0.021 100.470 0.026
201606 0.015 101.688 0.018
201609 0.056 101.861 0.069
201612 0.052 101.863 0.064
201703 0.040 102.862 0.049
201706 0.038 103.349 0.046
201709 0.048 104.136 0.058
201712 0.034 104.011 0.041
201803 0.046 105.290 0.055
201806 0.008 106.317 0.009
201809 0.144 106.507 0.169
201812 -0.013 105.998 -0.015
201903 0.039 107.251 0.046
201906 0.066 108.070 0.076
201909 0.212 108.329 0.245
201912 -0.172 108.420 -0.199
202003 0.036 108.902 0.041
202006 0.016 108.767 0.018
202009 0.008 109.815 0.009
202012 0.012 109.897 0.014
202103 -0.097 111.754 -0.109
202106 0.020 114.631 0.022
202109 0.093 115.734 0.101
202112 0.174 117.630 0.185
202203 -0.008 121.301 -0.008
202206 0.011 125.017 0.011
202209 0.012 125.227 0.012
202212 -0.004 125.222 -0.004

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


First Republic Bank  (NYSE:FRCpD.CL.PFD) 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of First Republic Bank was 53.48. The lowest was 0.01. And the median was 16.54.


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.


First Republic Bank Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of First Republic Bank's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


First Republic Bank Business Description

Address
111 Pine Street, 2nd Floor, San Francisco, CA, USA, 94111
First Republic Bank offers private banking and wealth management services to high-net-worth clients. Services are offered in the San Francisco, New York City, and Los Angeles markets. The bank was founded in 1985.