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Liechtensteinische Landesbank AG (CHIX:LLBNZ) Cyclically Adjusted Price-to-FCF : 4.40 (As of May. 31, 2024)


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What is Liechtensteinische Landesbank AG Cyclically Adjusted Price-to-FCF?

As of today (2024-05-31), Liechtensteinische Landesbank AG's current share price is CHF69.30. Liechtensteinische Landesbank AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 was CHF15.75. Liechtensteinische Landesbank AG's Cyclically Adjusted Price-to-FCF for today is 4.40.

The historical rank and industry rank for Liechtensteinische Landesbank AG's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CHIX:LLBNz' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.22   Med: 2.83   Max: 4.75
Current: 4.32

During the past 13 years, Liechtensteinische Landesbank AG's highest Cyclically Adjusted Price-to-FCF was 4.75. The lowest was 2.22. And the median was 2.83.

CHIX:LLBNz's Cyclically Adjusted Price-to-FCF is ranked better than
72.56% of 831 companies
in the Banks industry
Industry Median: 7.29 vs CHIX:LLBNz: 4.32

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.

Liechtensteinische Landesbank AG's adjusted free cash flow per share data of for the fiscal year that ended in Dec23 was CHF-16.817. 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 CHF15.75 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liechtensteinische Landesbank AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Liechtensteinische Landesbank 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.

* Premium members only.

Liechtensteinische Landesbank AG Cyclically Adjusted Price-to-FCF Chart

Liechtensteinische Landesbank AG 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 2.91 2.46 2.46 3.18 4.18

Liechtensteinische Landesbank AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.46 - 3.18 - 4.18

Competitive Comparison of Liechtensteinische Landesbank AG's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Liechtensteinische Landesbank 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.


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

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

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



Liechtensteinische Landesbank 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.

Liechtensteinische Landesbank AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=69.30/15.75
=4.40

* 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.

Liechtensteinische Landesbank AG's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Liechtensteinische Landesbank AG's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=-16.817/129.4194*129.4194
=-16.817

Current CPI (Dec23) = 129.4194.

Liechtensteinische Landesbank AG Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 -32.590 99.070 -42.574
201512 35.781 99.792 46.404
201612 31.858 101.863 40.476
201712 35.173 104.011 43.765
201812 32.654 105.998 39.869
201912 -11.458 108.420 -13.677
202012 30.902 109.897 36.392
202112 24.101 117.630 26.517
202212 -2.262 125.222 -2.338
202312 -16.817 129.419 -16.817

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.


Liechtensteinische Landesbank AG  (CHIX:LLBNz) 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.


Liechtensteinische Landesbank AG Cyclically Adjusted Price-to-FCF Related Terms

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


Liechtensteinische Landesbank AG (CHIX:LLBNZ) Business Description

Traded in Other Exchanges
Address
Stadtle 44, P.O. Box 384, Vaduz, LIE, 9490
Liechtensteinische Landesbank AG or the LLB Group is a universal banking and financial services group. The bank's business activities are divided into three operating segments: retail & corporate banking, private banking, and institutional clients. The company's product and services portfolio includes various financial services, such as payment processing, lending, mortgage, individual pension fund solutions, wealth planning, taxation, asset management, and investment advisory, among others. The company generates majority of its revenue from the retail & corporate banking segment, and more than half of its revenue is earned in Liechtensteinische.

Liechtensteinische Landesbank AG (CHIX:LLBNZ) Headlines

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