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Svenska Handelsbanken AB (CHIX:SHBAS) Cyclically Adjusted Price-to-FCF : 16.06 (As of Jun. 06, 2025)


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What is Svenska Handelsbanken AB Cyclically Adjusted Price-to-FCF?

As of today (2025-06-06), Svenska Handelsbanken AB's current share price is kr128.65. Svenska Handelsbanken AB's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was kr8.01. Svenska Handelsbanken AB's Cyclically Adjusted Price-to-FCF for today is 16.06.

The historical rank and industry rank for Svenska Handelsbanken AB's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CHIX:SHBAs' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.46   Med: 8.81   Max: 89.71
Current: 16.18

During the past years, Svenska Handelsbanken AB's highest Cyclically Adjusted Price-to-FCF was 89.71. The lowest was 2.46. And the median was 8.81.

CHIX:SHBAs's Cyclically Adjusted Price-to-FCF is ranked worse than
83.22% of 888 companies
in the Banks industry
Industry Median: 8.665 vs CHIX:SHBAs: 16.18

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.

Svenska Handelsbanken AB's adjusted free cash flow per share data for the three months ended in Mar. 2025 was kr60.955. 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 kr8.01 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Svenska Handelsbanken AB Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Svenska Handelsbanken AB'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.

Svenska Handelsbanken AB Cyclically Adjusted Price-to-FCF Chart

Svenska Handelsbanken AB 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 5.24 10.09 11.79 35.08 65.51

Svenska Handelsbanken AB 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 15.95 19.31 11.29 65.51 14.30

Competitive Comparison of Svenska Handelsbanken AB's Cyclically Adjusted Price-to-FCF

For the Banks - Diversified subindustry, Svenska Handelsbanken AB'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.


Svenska Handelsbanken AB's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Svenska Handelsbanken AB's Cyclically Adjusted Price-to-FCF falls into.


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Svenska Handelsbanken AB 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.

Svenska Handelsbanken AB's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=128.65/8.01
=16.06

* 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.

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

For example, Svenska Handelsbanken AB'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)
=60.955/132.8245*132.8245
=60.955

Current CPI (Mar. 2025) = 132.8245.

Svenska Handelsbanken AB Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -12.772 99.995 -16.965
201509 -1.021 100.228 -1.353
201512 -124.318 100.276 -164.671
201603 146.364 100.751 192.958
201606 7.803 101.019 10.260
201609 -75.648 101.138 -99.349
201612 -76.867 102.022 -100.075
201703 95.623 102.022 124.494
201706 36.512 102.752 47.198
201709 -30.978 103.279 -39.840
201712 -81.678 103.793 -104.524
201803 23.526 103.962 30.057
201806 42.891 104.875 54.322
201809 -8.850 105.679 -11.123
201812 -19.498 105.912 -24.453
201903 25.588 105.886 32.098
201906 -42.139 106.742 -52.436
201909 16.629 107.214 20.601
201912 10.093 107.766 12.440
202003 138.553 106.563 172.698
202006 20.370 107.498 25.169
202009 -41.080 107.635 -50.694
202012 -74.650 108.296 -91.558
202103 141.808 108.360 173.825
202106 -37.262 108.928 -45.437
202109 5.646 110.338 6.797
202112 -86.128 112.486 -101.701
202203 59.718 114.825 69.079
202206 31.780 118.384 35.657
202209 -27.543 122.296 -29.914
202212 -84.053 126.365 -88.349
202303 -2.786 127.042 -2.913
202306 17.719 129.407 18.187
202309 -12.948 130.224 -13.207
202312 8.791 131.912 8.852
202403 51.538 132.205 51.779
202406 12.470 132.716 12.480
202409 15.787 132.304 15.849
202412 -58.127 132.987 -58.056
202503 60.955 132.825 60.955

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.


Svenska Handelsbanken AB  (CHIX:SHBAs) 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.


Svenska Handelsbanken AB Cyclically Adjusted Price-to-FCF Related Terms

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


Svenska Handelsbanken AB Business Description

Address
Kungstradgardsgatan 2, Stockholm, SWE, SE-106 70
Handelsbanken is one of the largest Swedish banks with significant exposure to the Swedish mortgage market; about 44% of total loans are tied to the Swedish real estate market. Outside of Sweden, the bank operates primarily in the U.K. and Netherlands. Handelsbanken generates about three fourths of its income through its interest spread-based business, including mortgages, household loans, and corporate loans to large and small enterprises.

Svenska Handelsbanken AB Headlines

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