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Commerzbank AG (BSE:CBKN) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2025)


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What is Commerzbank AG Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Commerzbank AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Commerzbank AG'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.

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Commerzbank AG Cyclically Adjusted Price-to-FCF Chart

Commerzbank AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
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Commerzbank AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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Competitive Comparison of Commerzbank AG's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Commerzbank AG'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.


Commerzbank AG's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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


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Commerzbank AG 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.

Commerzbank AG's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Commerzbank AG's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0/127.7792*127.7792
=0.000

Current CPI (Mar. 2025) = 127.7792.

Commerzbank AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 53.823 100.417 68.489
201509 -49.523 100.417 -63.017
201512 45.962 99.717 58.897
201603 -48.547 100.017 -62.023
201606 -16.355 100.717 -20.750
201609 28.179 101.017 35.644
201612 56.478 101.217 71.299
201703 47.408 101.417 59.731
201706 30.650 102.117 38.352
201709 3.713 102.717 4.619
201712 -3.353 102.617 -4.175
201803 -5.623 102.917 -6.981
201806 10.519 104.017 12.922
201809 6.074 104.718 7.412
201812 -12.590 104.217 -15.436
201903 31.413 104.217 38.515
201906 19.294 105.718 23.320
201909 -46.386 106.018 -55.907
201912 -45.304 105.818 -54.706
202003 56.723 105.718 68.560
202006 104.458 106.618 125.191
202009 1.434 105.818 1.732
202012 -33.032 105.518 -40.001
202103 0.000 107.518 0.000
202106 0.000 108.486 0.000
202109 0.000 109.435 0.000
202112 0.000 110.384 0.000
202203 0.000 113.968 0.000
202206 0.000 115.760 0.000
202209 0.000 118.818 0.000
202212 0.000 119.345 0.000
202303 0.000 122.402 0.000
202306 0.000 123.140 0.000
202309 0.000 124.195 0.000
202312 0.000 123.773 0.000
202403 0.000 125.038 0.000
202406 0.000 125.882 0.000
202409 0.000 126.198 0.000
202412 0.000 127.041 0.000
202503 0.000 127.779 0.000

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.


Commerzbank AG  (BSE:CBKN) 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.


Commerzbank AG Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Commerzbank AG's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Commerzbank AG Business Description

Industry
Address
Kaiserplatz, Frankfurt, HE, DEU, 60261
Commerzbank operates primarily in Europe. Germany contributes about 70% to total income. The bank operates two business segments: private and small-business customers as well as corporate clients. In its private and small-business segment, the group runs its branch business, a mobile bank with a focus on the Polish market, an online broker, and an asset manager for physical assets. Its corporate client business provides cash management and trade finance solutions to small and medium-size enterprises and large corporates.

Commerzbank AG Headlines

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