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Commercial Bank of Ceylon (COL:COMB.N0000) Cyclically Adjusted Price-to-FCF : 6.82 (As of Sep. 22, 2024)


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What is Commercial Bank of Ceylon Cyclically Adjusted Price-to-FCF?

As of today (2024-09-22), Commercial Bank of Ceylon's current share price is රු88.40. Commercial Bank of Ceylon's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 was රු12.96. Commercial Bank of Ceylon's Cyclically Adjusted Price-to-FCF for today is 6.82.

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

COL:COMB.N0000' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.38   Med: 5.64   Max: 12.43
Current: 6.82

During the past years, Commercial Bank of Ceylon's highest Cyclically Adjusted Price-to-FCF was 12.43. The lowest was 3.38. And the median was 5.64.

COL:COMB.N0000's Cyclically Adjusted Price-to-FCF is ranked better than
63.15% of 871 companies
in the Banks industry
Industry Median: 8.6 vs COL:COMB.N0000: 6.82

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.

Commercial Bank of Ceylon's adjusted free cash flow per share data for the three months ended in Jun. 2024 was රු-5.979. 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 රු12.96 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Commercial Bank of Ceylon Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Commercial Bank of Ceylon'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.

Commercial Bank of Ceylon Cyclically Adjusted Price-to-FCF Chart

Commercial Bank of Ceylon 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 - - 11.34 3.64 5.48

Commercial Bank of Ceylon Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 4.99 5.91 5.48 6.93 7.85

Competitive Comparison of Commercial Bank of Ceylon's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Commercial Bank of Ceylon'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.


Commercial Bank of Ceylon's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Commercial Bank of Ceylon's Cyclically Adjusted Price-to-FCF falls into.



Commercial Bank of Ceylon 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.

Commercial Bank of Ceylon's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=88.40/12.96
=6.82

* 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.

Commercial Bank of Ceylon's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Commercial Bank of Ceylon's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=-5.979/132.5538*132.5538
=-5.979

Current CPI (Jun. 2024) = 132.5538.

Commercial Bank of Ceylon Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201409 3.769 100.428 4.975
201412 6.870 99.070 9.192
201503 6.048 99.621 8.047
201506 2.863 100.684 3.769
201509 -3.876 100.392 -5.118
201512 0.957 99.792 1.271
201603 0.304 100.470 0.401
201606 9.498 101.688 12.381
201609 -6.127 101.861 -7.973
201612 -0.123 101.863 -0.160
201703 0.352 102.862 0.454
201706 -1.776 103.349 -2.278
201709 -11.142 104.136 -14.183
201712 7.633 104.011 9.728
201803 18.290 105.290 23.026
201806 -18.889 106.317 -23.550
201809 -7.637 106.507 -9.505
201812 12.298 105.998 15.379
201903 8.244 107.251 10.189
201906 2.643 108.070 3.242
201909 -2.114 108.329 -2.587
201912 3.959 108.420 4.840
202003 15.655 108.902 19.055
202006 -12.494 108.767 -15.226
202009 -6.333 109.815 -7.644
202012 -0.849 109.897 -1.024
202103 5.113 111.754 6.065
202106 20.130 114.631 23.277
202109 13.603 115.734 15.580
202112 -12.801 117.630 -14.425
202203 55.959 121.301 61.150
202206 -19.743 125.017 -20.933
202209 8.095 125.227 8.569
202212 19.875 125.222 21.039
202303 16.831 127.348 17.519
202306 -24.709 128.729 -25.443
202309 8.421 129.860 8.596
202312 25.472 129.419 26.089
202403 -27.993 131.776 -28.158
202406 -5.979 132.554 -5.979

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.


Commercial Bank of Ceylon  (COL:COMB.N0000) 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.


Commercial Bank of Ceylon Cyclically Adjusted Price-to-FCF Related Terms

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


Commercial Bank of Ceylon Business Description

Traded in Other Exchanges
Address
No. 21, Commercial House, Sir Razik Fareed Mawatha, P.O. Box 856, Colombo, LKA, 01
Commercial Bank of Ceylon PLC is a financial institution operating in Sri Lanka. It offers a savings account, deposits, current accounts, loans, cards, online banking, mobile banking, among others. The operating segments of the group are Personal Banking; Corporate Banking; International operations; Dealing/treasury; and NBFI, Real Estate and Services.

Commercial Bank of Ceylon Headlines

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