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Public Bank Bhd (XKLS:1295) Cyclically Adjusted FCF per Share : RM0.44 (As of Mar. 2024)


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What is Public Bank Bhd 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.

Public Bank Bhd's adjusted free cash flow per share for the three months ended in Mar. 2024 was RM0.136. 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 RM0.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Public Bank Bhd's average Cyclically Adjusted FCF Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 9.50% 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 Public Bank Bhd was 20.90% per year. The lowest was 9.50% per year. And the median was 15.20% per year.

As of today (2024-06-15), Public Bank Bhd's current stock price is RM4.08. Public Bank Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM0.44. Public Bank Bhd's Cyclically Adjusted Price-to-FCF of today is 9.27.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Public Bank Bhd was 15.95. The lowest was 8.48. And the median was 10.21.


Public Bank Bhd Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Public Bank Bhd'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.

Public Bank Bhd Cyclically Adjusted FCF per Share Chart

Public Bank Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.32 0.41 0.46 0.42

Public Bank Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 0.43 0.38 0.42 0.42 0.44

Competitive Comparison of Public Bank Bhd's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Public Bank Bhd'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.


Public Bank Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Public Bank Bhd 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, Public Bank Bhd's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.136/131.7762*131.7762
=0.136

Current CPI (Mar. 2024) = 131.7762.

Public Bank Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.373 100.560 0.489
201409 -0.103 100.428 -0.135
201412 0.237 99.070 0.315
201503 -0.328 99.621 -0.434
201506 0.527 100.684 0.690
201509 -0.017 100.392 -0.022
201512 0.239 99.792 0.316
201603 0.367 100.470 0.481
201606 -0.100 101.688 -0.130
201609 0.212 101.861 0.274
201612 -0.419 101.863 -0.542
201703 0.325 102.862 0.416
201706 -0.105 103.349 -0.134
201709 0.282 104.136 0.357
201712 -0.085 104.011 -0.108
201803 -0.011 105.290 -0.014
201806 0.153 106.317 0.190
201809 0.318 106.507 0.393
201812 0.142 105.998 0.177
201903 -0.169 107.251 -0.208
201906 0.149 108.070 0.182
201909 -0.082 108.329 -0.100
201912 0.137 108.420 0.167
202003 0.463 108.902 0.560
202006 0.217 108.767 0.263
202009 0.165 109.815 0.198
202012 -0.108 109.897 -0.130
202103 0.241 111.754 0.284
202106 -0.068 114.631 -0.078
202109 0.325 115.734 0.370
202112 -0.162 117.630 -0.181
202203 0.185 121.301 0.201
202206 0.139 125.017 0.147
202209 -0.043 125.227 -0.045
202212 0.181 125.222 0.190
202303 -0.022 127.348 -0.023
202306 -0.281 128.729 -0.288
202309 0.346 129.860 0.351
202312 -0.204 129.419 -0.208
202403 0.136 131.776 0.136

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


Public Bank Bhd  (XKLS:1295) 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=4.08/0.44
=9.27

* 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 13 years, the highest Cyclically Adjusted Price-to-FCF of Public Bank Bhd was 15.95. The lowest was 8.48. And the median was 10.21.


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.


Public Bank Bhd Cyclically Adjusted FCF per Share Related Terms

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


Public Bank Bhd (XKLS:1295) Business Description

Industry
Traded in Other Exchanges
N/A
Address
146, Jalan Ampang, 27th Floor, Menara Public Bank, Kuala Lumpur, SGR, MYS, 50450
Public Bank Bhd is a Malaysian banking group that provides a range of financial products and services, including personal banking, commercial banking, Islamic banking, investment banking, share broking, trustee services, nominee services, sale and management of unit trust funds, bancassurance, and general insurance products. In addition to its mostly Malaysian operational presence, the bank is exposed to other Southeast Asian nations through some of its branches. Its strategy emphasizes organic growth in the retail banking business, particularly retail consumers and small and medium-sized enterprises. The majority of its revenue comes from the Retail Operations segment.

Public Bank Bhd (XKLS:1295) Headlines

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