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Civista Bancshares (FRA:44Q) Cyclically Adjusted Price-to-FCF : 6.72 (As of Jun. 11, 2024)


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What is Civista Bancshares Cyclically Adjusted Price-to-FCF?

As of today (2024-06-11), Civista Bancshares's current share price is €12.90. Civista Bancshares's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.92. Civista Bancshares's Cyclically Adjusted Price-to-FCF for today is 6.72.

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

FRA:44Q' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.62   Med: 8.99   Max: 13.37
Current: 6.56

During the past years, Civista Bancshares's highest Cyclically Adjusted Price-to-FCF was 13.37. The lowest was 3.62. And the median was 8.99.

FRA:44Q's Cyclically Adjusted Price-to-FCF is ranked better than
56.69% of 829 companies
in the Banks industry
Industry Median: 7.23 vs FRA:44Q: 6.56

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.

Civista Bancshares's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.037. 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 €1.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Civista Bancshares Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Civista Bancshares'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.

Civista Bancshares Cyclically Adjusted Price-to-FCF Chart

Civista Bancshares 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 12.34 9.50 12.71 11.50 8.48

Civista Bancshares Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 8.35 8.34 6.85 8.48 7.18

Competitive Comparison of Civista Bancshares's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Civista Bancshares'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.


Civista Bancshares's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Civista Bancshares's Cyclically Adjusted Price-to-FCF falls into.



Civista Bancshares 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.

Civista Bancshares's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=12.90/1.92
=6.72

* 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.

Civista Bancshares's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Civista Bancshares's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.037/131.7762*131.7762
=0.037

Current CPI (Mar. 2024) = 131.7762.

Civista Bancshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.156 100.560 0.204
201409 0.170 100.428 0.223
201412 0.269 99.070 0.358
201503 1.077 99.621 1.425
201506 -0.010 100.684 -0.013
201509 0.069 100.392 0.091
201512 -0.031 99.792 -0.041
201603 1.439 100.470 1.887
201606 -0.813 101.688 -1.054
201609 0.205 101.861 0.265
201612 0.454 101.863 0.587
201703 0.692 102.862 0.887
201706 -0.064 103.349 -0.082
201709 0.225 104.136 0.285
201712 0.586 104.011 0.742
201803 0.419 105.290 0.524
201806 -0.100 106.317 -0.124
201809 0.900 106.507 1.114
201812 -0.042 105.998 -0.052
201903 0.664 107.251 0.816
201906 0.368 108.070 0.449
201909 0.058 108.329 0.071
201912 0.796 108.420 0.967
202003 1.393 108.902 1.686
202006 -0.845 108.767 -1.024
202009 0.708 109.815 0.850
202012 0.371 109.897 0.445
202103 0.836 111.754 0.986
202106 0.162 114.631 0.186
202109 0.779 115.734 0.887
202112 0.369 117.630 0.413
202203 0.549 121.301 0.596
202206 2.341 125.017 2.468
202209 -1.367 125.227 -1.438
202212 -0.345 125.222 -0.363
202303 1.101 127.348 1.139
202306 1.168 128.729 1.196
202309 1.278 129.860 1.297
202312 0.051 129.419 0.052
202403 0.037 131.776 0.037

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.


Civista Bancshares  (FRA:44Q) 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.


Civista Bancshares Cyclically Adjusted Price-to-FCF Related Terms

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


Civista Bancshares (FRA:44Q) Business Description

Industry
Traded in Other Exchanges
Address
100 East Water Street, P.O. Box 5016, Sandusky, OH, USA, 44870
Civista Bancshares Inc is a financial holding company. Operating through its subsidiary, it engages in the business of community banking. Its business activity involves collecting customer deposits, making loans, purchasing securities, and offering trust services to its clients. The company's loan portfolio includes commercial and agriculture, commercial real estate-owner occupied, commercial real estate non-owner occupied, residential real estate, real estate construction, and consumer loans. Majority of its revenues are derived from the interest and fees gained on loans.

Civista Bancshares (FRA:44Q) Headlines

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