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CATY (Cathay General Bancorp) Cyclically Adjusted Price-to-FCF : 8.61 (As of Jun. 03, 2025)


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What is Cathay General Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2025-06-03), Cathay General Bancorp's current share price is $42.62. Cathay General Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $4.95. Cathay General Bancorp's Cyclically Adjusted Price-to-FCF for today is 8.61.

The historical rank and industry rank for Cathay General Bancorp's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CATY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 6.64   Med: 12.01   Max: 18.05
Current: 8.61

During the past years, Cathay General Bancorp's highest Cyclically Adjusted Price-to-FCF was 18.05. The lowest was 6.64. And the median was 12.01.

CATY's Cyclically Adjusted Price-to-FCF is ranked better than
50.62% of 891 companies
in the Banks industry
Industry Median: 8.66 vs CATY: 8.61

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.

Cathay General Bancorp's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $1.362. 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 $4.95 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cathay General Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cathay General Bancorp'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.

Cathay General Bancorp Cyclically Adjusted Price-to-FCF Chart

Cathay General Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.51 12.50 10.13 9.89 9.83

Cathay General Bancorp Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 8.17 7.98 8.96 9.83 8.69

Competitive Comparison of Cathay General Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Cathay General Bancorp'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.


Cathay General Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Cathay General Bancorp's Cyclically Adjusted Price-to-FCF falls into.


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Cathay General Bancorp 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.

Cathay General Bancorp's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=42.62/4.95
=8.61

* 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.

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

For example, Cathay General Bancorp'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)
=1.362/134.9266*134.9266
=1.362

Current CPI (Mar. 2025) = 134.9266.

Cathay General Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.369 100.684 0.494
201509 0.443 100.392 0.595
201512 0.632 99.792 0.855
201603 0.498 100.470 0.669
201606 0.623 101.688 0.827
201609 0.976 101.861 1.293
201612 0.793 101.863 1.050
201703 0.660 102.862 0.866
201706 0.937 103.349 1.223
201709 -0.072 104.136 -0.093
201712 1.508 104.011 1.956
201803 1.032 105.290 1.322
201806 0.772 106.317 0.980
201809 1.068 106.507 1.353
201812 1.172 105.998 1.492
201903 1.062 107.251 1.336
201906 1.060 108.070 1.323
201909 1.848 108.329 2.302
201912 1.365 108.420 1.699
202003 1.180 108.902 1.462
202006 0.938 108.767 1.164
202009 0.750 109.815 0.922
202012 1.070 109.897 1.314
202103 1.138 111.754 1.374
202106 0.929 114.631 1.093
202109 0.897 115.734 1.046
202112 1.247 117.630 1.430
202203 1.125 121.301 1.251
202206 1.196 125.017 1.291
202209 2.528 125.227 2.724
202212 1.376 125.222 1.483
202303 1.658 127.348 1.757
202306 1.237 128.729 1.297
202309 1.460 129.860 1.517
202312 0.878 129.419 0.915
202403 1.196 131.776 1.225
202406 0.994 132.554 1.012
202409 1.111 133.029 1.127
202412 1.201 133.157 1.217
202503 1.362 134.927 1.362

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.


Cathay General Bancorp  (NAS:CATY) 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.


Cathay General Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Cathay General Bancorp Business Description

Industry
Traded in Other Exchanges
Address
777 North Broadway, Los Angeles, CA, USA, 90012
Cathay General Bancorp is a regional bank predominantly serving the Chinese-American community. The company's policy is to reach out and actively offer services to low-to-moderate income groups in the delineated branch service areas. It predominantly provides services such as checking and deposit, lines of credits, commercial and commercial real estate loans, merchant services and payment processing, treasury management services, international banking and financing services, and other customary banking services to individuals, professionals, and small to medium-sized businesses. Through its Wealth Management unit, the company also offers investment products and services, such as stocks, bonds, mutual funds, insurance, annuities and advisory services.
Executives
Anthony M Tang director, officer: EVP
Peter Wu director, officer: Executive Vice Chairman/COO
Dunson K Cheng director, officer: Chairman & President
Kim R Bingham officer: EVP - Chief Credit Officer CATHAY BANK, 777 NORTH BROADWAY, LOS ANGELES CA 90012
Richard Sun director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
May K. Chan officer: SVP, General Counsel 9650 FLAIR DRIVE, EL MONTE CA 91731
Shally Wang director 9650 FLAIR DRIVE, EL MONTE CA 91731
Irwin Wong officer: Executive Vice President
Jane H Jelenko director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Maan-huei Hung director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Lisa L. Kim officer: EVP, General Counsel EAST WEST BANCORP INC, 135 N. LOS ROBLES AVE., 7TH FL, PASADENA CA 91101
Chang Liu officer: EVP, Chief Operating Officer C/O FIRST PACTRUST BANCORP INC, 610 BAY BOULEVARD, CHULA VISTA CA 91910
Kelly L Chan director
Mark Hakjoon Lee officer: EVP, Chief Credit Officer CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Patrick Lee director