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National Development Bank (COL:NDB.N0000) Cyclically Adjusted Price-to-FCF : 1.56 (As of Jun. 07, 2025)


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What is National Development Bank Cyclically Adjusted Price-to-FCF?

As of today (2025-06-07), National Development Bank's current share price is රු115.25. National Development Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was රු73.82. National Development Bank's Cyclically Adjusted Price-to-FCF for today is 1.56.

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

COL:NDB.N0000' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.5   Med: 1.11   Max: 1.76
Current: 1.49

During the past years, National Development Bank's highest Cyclically Adjusted Price-to-FCF was 1.76. The lowest was 0.50. And the median was 1.11.

COL:NDB.N0000's Cyclically Adjusted Price-to-FCF is ranked better than
91.55% of 888 companies
in the Banks industry
Industry Median: 8.665 vs COL:NDB.N0000: 1.49

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.

National Development Bank's adjusted free cash flow per share data for the three months ended in Mar. 2025 was රු77.156. 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 රු73.82 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Development Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for National Development Bank'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.

National Development Bank Cyclically Adjusted Price-to-FCF Chart

National Development Bank 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 - 1.61 0.51 0.95 1.55

National Development Bank 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 1.03 1.24 1.23 1.55 1.45

Competitive Comparison of National Development Bank's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, National Development Bank'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.


National Development Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where National Development Bank's Cyclically Adjusted Price-to-FCF falls into.


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National Development Bank 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.

National Development Bank's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=115.25/73.82
=1.56

* 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.

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

For example, National Development Bank'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)
=77.156/134.9266*134.9266
=77.156

Current CPI (Mar. 2025) = 134.9266.

National Development Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 10.758 100.684 14.417
201509 -49.577 100.392 -66.632
201512 3.901 99.792 5.274
201603 16.408 100.470 22.035
201606 -42.762 101.688 -56.739
201609 13.273 101.861 17.582
201612 37.310 101.863 49.421
201703 39.593 102.862 51.935
201706 6.142 103.349 8.019
201709 47.308 104.136 61.296
201712 -56.973 104.011 -73.907
201803 8.044 105.290 10.308
201806 -29.797 106.317 -37.815
201809 23.390 106.507 29.631
201812 -4.614 105.998 -5.873
201903 -10.818 107.251 -13.610
201906 -17.279 108.070 -21.573
201909 16.140 108.329 20.103
201912 22.280 108.420 27.727
202003 40.151 108.902 49.746
202006 103.169 108.767 127.982
202009 -0.234 109.815 -0.288
202012 139.724 109.897 171.547
202103 -24.253 111.754 -29.282
202106 -2.852 114.631 -3.357
202109 -37.194 115.734 -43.362
202112 -11.149 117.630 -12.788
202203 15.206 121.301 16.914
202206 6.578 125.017 7.099
202209 71.201 125.227 76.716
202212 126.503 125.222 136.307
202303 -2.909 127.348 -3.082
202306 88.282 128.729 92.533
202309 1.478 129.860 1.536
202312 30.583 129.419 31.884
202403 -17.774 131.776 -18.199
202406 -31.397 132.554 -31.959
202409 0.704 133.029 0.714
202412 48.187 133.157 48.827
202503 77.156 134.927 77.156

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.


National Development Bank  (COL:NDB.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.


National Development Bank Cyclically Adjusted Price-to-FCF Related Terms

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


National Development Bank Business Description

Traded in Other Exchanges
N/A
Address
No. 40, Navam Mawatha, Colombo, LKA, 02
National Development Bank PLC is involved in the banking sector and its business operates under different segments that are Banking, Capital Markets, Property Investments, and Others. Its services include retail banking, small and medium enterprise (SME) banking, corporate banking, project and infrastructure financing, trade finance, investment banking, leasing, housing finance, credit cards, cash management, correspondent banking, remittance services, margin trading, pawning, treasury, underwriting, custodian, investment services and bancassurance. The Banking Segment generates maximum revenue for the company.

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