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Peapack Gladstone Financial (FRA:45V) Cyclically Adjusted Price-to-FCF : 5.62 (As of Jun. 07, 2024)


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What is Peapack Gladstone Financial Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), Peapack Gladstone Financial's current share price is €19.40. Peapack Gladstone Financial's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €3.45. Peapack Gladstone Financial's Cyclically Adjusted Price-to-FCF for today is 5.62.

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

FRA:45V' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.68   Med: 10.39   Max: 16.84
Current: 5.56

During the past years, Peapack Gladstone Financial's highest Cyclically Adjusted Price-to-FCF was 16.84. The lowest was 4.68. And the median was 10.39.

FRA:45V's Cyclically Adjusted Price-to-FCF is ranked better than
63.68% of 826 companies
in the Banks industry
Industry Median: 7.32 vs FRA:45V: 5.56

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.

Peapack Gladstone Financial's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.930. 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 €3.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Peapack Gladstone Financial Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Peapack Gladstone Financial'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.

Peapack Gladstone Financial Cyclically Adjusted Price-to-FCF Chart

Peapack Gladstone Financial 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 10.77 8.05 11.40 10.10 7.98

Peapack Gladstone Financial 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 7.82 7.60 6.80 7.98 6.37

Competitive Comparison of Peapack Gladstone Financial's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Peapack Gladstone Financial'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.


Peapack Gladstone Financial's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Peapack Gladstone Financial's Cyclically Adjusted Price-to-FCF falls into.



Peapack Gladstone Financial 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.

Peapack Gladstone Financial's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=19.40/3.45
=5.62

* 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.

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

For example, Peapack Gladstone Financial'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)
=0.93/131.7762*131.7762
=0.930

Current CPI (Mar. 2024) = 131.7762.

Peapack Gladstone Financial Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.217 100.560 0.284
201409 0.544 100.428 0.714
201412 0.216 99.070 0.287
201503 0.286 99.621 0.378
201506 0.722 100.684 0.945
201509 0.372 100.392 0.488
201512 0.285 99.792 0.376
201603 0.199 100.470 0.261
201606 0.682 101.688 0.884
201609 0.755 101.861 0.977
201612 0.530 101.863 0.686
201703 1.232 102.862 1.578
201706 0.360 103.349 0.459
201709 0.579 104.136 0.733
201712 0.497 104.011 0.630
201803 0.593 105.290 0.742
201806 0.763 106.317 0.946
201809 1.149 106.507 1.422
201812 0.296 105.998 0.368
201903 1.428 107.251 1.755
201906 0.531 108.070 0.647
201909 1.053 108.329 1.281
201912 0.871 108.420 1.059
202003 0.307 108.902 0.371
202006 0.602 108.767 0.729
202009 -0.140 109.815 -0.168
202012 0.747 109.897 0.896
202103 1.207 111.754 1.423
202106 0.982 114.631 1.129
202109 0.619 115.734 0.705
202112 0.300 117.630 0.336
202203 1.454 121.301 1.580
202206 1.968 125.017 2.074
202209 1.850 125.227 1.947
202212 0.645 125.222 0.679
202303 1.961 127.348 2.029
202306 0.219 128.729 0.224
202309 1.239 129.860 1.257
202312 0.017 129.419 0.017
202403 0.930 131.776 0.930

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.


Peapack Gladstone Financial  (FRA:45V) 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.


Peapack Gladstone Financial Cyclically Adjusted Price-to-FCF Related Terms

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


Peapack Gladstone Financial (FRA:45V) Business Description

Traded in Other Exchanges
Address
500 Hills Drive, Suite 300, Bedminster, NJ, USA, 07921
Peapack Gladstone Financial Corp provides banking services. It operates through two segments namely Banking, which involves the delivery of loans and deposits, and Peapack Private Division which includes asset management services. The banking segment includes commercial real estate, multifamily, residential and consumer lending, deposit generation, and internet banking services. Peapack Private includes asset management services for individuals and institutions; personal trust services, administrator, custodian and guardian, and other financial planning and advisory services.

Peapack Gladstone Financial (FRA:45V) Headlines

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