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Agricultural Bank of China (Agricultural Bank of China) Cyclically Adjusted Price-to-FCF : 2.31 (As of May. 05, 2024)


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

As of today (2024-05-05), Agricultural Bank of China's current share price is $10.94. Agricultural Bank of China's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $4.74. Agricultural Bank of China's Cyclically Adjusted Price-to-FCF for today is 2.31.

The historical rank and industry rank for Agricultural Bank of China's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

ACGBY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.02   Med: 3.48   Max: 4.47
Current: 2.28

During the past years, Agricultural Bank of China's highest Cyclically Adjusted Price-to-FCF was 4.47. The lowest was 2.02. And the median was 3.48.

ACGBY's Cyclically Adjusted Price-to-FCF is ranked better than
86.3% of 832 companies
in the Banks industry
Industry Median: 7.475 vs ACGBY: 2.28

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.

Agricultural Bank of China's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $7.289. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is $4.74 for the trailing ten years ended in Mar. 2024.

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 2.19

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 Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.94/4.74
=2.31

* 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.

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)
=7.289/117.7354*117.7354
=7.289

Current CPI (Mar. 2024) = 117.7354.

Agricultural Bank of China Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 3.848 96.409 4.699
201409 -5.286 97.948 -6.354
201412 -0.525 99.707 -0.620
201503 4.809 99.927 5.666
201506 1.581 99.267 1.875
201509 -0.152 99.927 -0.179
201512 3.448 102.015 3.979
201603 2.123 102.785 2.432
201606 4.100 101.686 4.747
201609 -0.333 102.565 -0.382
201612 1.969 103.225 2.246
201703 3.039 103.335 3.463
201706 0.548 103.664 0.622
201709 2.953 103.994 3.343
201712 0.324 104.984 0.363
201803 -1.407 105.973 -1.563
201806 -1.270 106.193 -1.408
201809 3.683 106.852 4.058
201812 -0.160 107.622 -0.175
201903 2.723 108.172 2.964
201906 -2.843 109.601 -3.054
201909 1.109 110.260 1.184
201912 2.362 110.700 2.512
202003 2.610 110.920 2.770
202006 -5.649 110.590 -6.014
202009 0.314 107.512 0.344
202012 2.252 109.711 2.417
202103 3.991 111.579 4.211
202106 -2.515 111.360 -2.659
202109 -0.135 109.051 -0.146
202112 0.816 112.349 0.855
202203 4.060 113.558 4.209
202206 5.228 113.448 5.426
202209 4.453 113.778 4.608
202212 -0.727 114.548 -0.747
202303 9.128 115.427 9.311
202306 4.255 115.647 4.332
202309 0.032 116.087 0.032
202312 4.318 117.296 4.334
202403 7.289 117.735 7.289

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:ACGBY) 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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