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Agricultural Bank of China (Agricultural Bank of China) Cyclically Adjusted Price-to-FCF : (As of Apr. 30, 2024)


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What is Agricultural Bank of China Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Agricultural Bank of China Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Agricultural Bank of China'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.

Agricultural Bank of China Cyclically Adjusted Price-to-FCF Chart

Agricultural Bank of China 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 3.77 3.20 3.00 2.35 2.05

Agricultural Bank of China Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.17 2.09 2.25 2.05 -

Competitive Comparison of Agricultural Bank of China's Cyclically Adjusted Price-to-FCF

For the Banks - Diversified subindustry, Agricultural Bank of China'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.


Agricultural Bank of China's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Agricultural Bank of China 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.

Agricultural Bank of China's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Agricultural Bank of China'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)
=0.292/117.7354*117.7354
=0.292

Current CPI (Mar. 2024) = 117.7354.

Agricultural Bank of China Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.154 96.409 0.188
201409 -0.211 97.948 -0.254
201412 -0.021 99.707 -0.025
201503 0.192 99.927 0.226
201506 0.063 99.267 0.075
201509 -0.006 99.927 -0.007
201512 0.138 102.015 0.159
201603 0.085 102.785 0.097
201606 0.164 101.686 0.190
201609 -0.013 102.565 -0.015
201612 0.079 103.225 0.090
201703 0.122 103.335 0.139
201706 0.022 103.664 0.025
201709 0.118 103.994 0.134
201712 0.013 104.984 0.015
201803 -0.056 105.973 -0.062
201806 -0.051 106.193 -0.057
201809 0.147 106.852 0.162
201812 -0.006 107.622 -0.007
201903 0.109 108.172 0.119
201906 -0.114 109.601 -0.122
201909 0.044 110.260 0.047
201912 0.094 110.700 0.100
202003 0.104 110.920 0.110
202006 -0.226 110.590 -0.241
202009 0.013 107.512 0.014
202012 0.090 109.711 0.097
202103 0.160 111.579 0.169
202106 -0.101 111.360 -0.107
202109 -0.005 109.051 -0.005
202112 0.033 112.349 0.035
202203 0.162 113.558 0.168
202206 0.209 113.448 0.217
202209 0.178 113.778 0.184
202212 -0.029 114.548 -0.030
202303 0.365 115.427 0.372
202306 0.170 115.647 0.173
202309 0.001 116.087 0.001
202312 0.173 117.296 0.174
202403 0.292 117.735 0.292

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.


Agricultural Bank of China  (OTCPK:ACGBF) 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.


Agricultural Bank of China Cyclically Adjusted Price-to-FCF Related Terms

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Agricultural Bank of China (Agricultural Bank of China) Business Description

Address
50 Connaught Road, 25th Floor, Agricultural Bank of China Tower, Central, Hong Kong, HKG
As one of the big four banks, ABC is headquartered in Beijing. The bank evolved from a state-owned specialized bank to a state-controlled commercial bank. It listed on the Hong Kong and Shanghai Stock Exchanges in 2010. ABC operates more than 20,000-branch network in China, providing corporate and retail banking products and services, and carries out treasury operations for its own accounts or for its customers. Shareholders Central Huijin, China's state-owned investment company, and the Ministry of Finance own 37.15% and 32.47%, respectively. Corporate banking, retail banking, and wholesale banking accounted for 41%, 53%, and 6% of total revenue in the first half of 2023, respectively. Rural banking and urban banking contributed 49% and 51% of total revenue during the same period.

Agricultural Bank of China (Agricultural Bank of China) Headlines

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