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United Security Bancshares (FRA:4QR) Cyclically Adjusted Price-to-FCF : 8.23 (As of Jun. 20, 2024)


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What is United Security Bancshares Cyclically Adjusted Price-to-FCF?

As of today (2024-06-20), United Security Bancshares's current share price is €6.50. United Security Bancshares's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.79. United Security Bancshares's Cyclically Adjusted Price-to-FCF for today is 8.23.

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

FRA:4QR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.68   Med: 10.11   Max: 20.54
Current: 7.98

During the past years, United Security Bancshares's highest Cyclically Adjusted Price-to-FCF was 20.54. The lowest was 4.68. And the median was 10.11.

FRA:4QR's Cyclically Adjusted Price-to-FCF is ranked worse than
56.01% of 832 companies
in the Banks industry
Industry Median: 7.215 vs FRA:4QR: 7.98

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.

United Security Bancshares's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.375. 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 €0.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Security Bancshares Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for United Security 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.

United Security Bancshares Cyclically Adjusted Price-to-FCF Chart

United Security 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 18.40 11.69 11.57 9.07 9.75

United Security 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 7.29 7.39 8.76 9.75 8.52

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

For the Banks - Regional subindustry, United Security 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.


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

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

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



United Security 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.50/0.79
=8.23

* 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.

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

For example, United Security 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)
=0.375/131.7762*131.7762
=0.375

Current CPI (Mar. 2024) = 131.7762.

United Security Bancshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.050 100.560 0.066
201409 0.112 100.428 0.147
201412 0.136 99.070 0.181
201503 0.106 99.621 0.140
201506 0.140 100.684 0.183
201509 0.085 100.392 0.112
201512 0.128 99.792 0.169
201603 -0.025 100.470 -0.033
201606 0.165 101.688 0.214
201609 0.150 101.861 0.194
201612 0.161 101.863 0.208
201703 0.097 102.862 0.124
201706 -0.022 103.349 -0.028
201709 0.115 104.136 0.146
201712 0.139 104.011 0.176
201803 0.112 105.290 0.140
201806 0.003 106.317 0.004
201809 0.202 106.507 0.250
201812 0.203 105.998 0.252
201903 0.141 107.251 0.173
201906 0.103 108.070 0.126
201909 0.235 108.329 0.286
201912 0.324 108.420 0.394
202003 0.243 108.902 0.294
202006 0.146 108.767 0.177
202009 0.048 109.815 0.058
202012 0.209 109.897 0.251
202103 0.221 111.754 0.261
202106 0.044 114.631 0.051
202109 0.121 115.734 0.138
202112 0.388 117.630 0.435
202203 0.104 121.301 0.113
202206 0.282 125.017 0.297
202209 0.384 125.227 0.404
202212 0.444 125.222 0.467
202303 0.505 127.348 0.523
202306 0.437 128.729 0.447
202309 -0.176 129.860 -0.179
202312 0.345 129.419 0.351
202403 0.375 131.776 0.375

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.


United Security Bancshares  (FRA:4QR) 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.


United Security Bancshares Cyclically Adjusted Price-to-FCF Related Terms

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


United Security Bancshares (FRA:4QR) Business Description

Traded in Other Exchanges
Address
2126 Inyo Street, Fresno, CA, USA, 93721
United Security Bancshares operates as the holding for United Security Bank. It provides commercial banking services to the business and professional community, and individuals located in Fresno, Madera, and Kern Counties. It offers checking and savings accounts, deposits, mortgage loans, credit and debit cards, safe deposit boxes, automated teller machines, wire transfers, money market accounts, mobile banking, and wealth management services. The company's primary sources of revenue are interest income from loans and investment securities.

United Security Bancshares (FRA:4QR) Headlines

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