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Kasikornbank Public Co (FRA:TFBF) Cyclically Adjusted Price-to-FCF : 4.05 (As of Jun. 13, 2024)


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What is Kasikornbank Public Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-13), Kasikornbank Public Co's current share price is €3.12. Kasikornbank Public Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €0.77. Kasikornbank Public Co's Cyclically Adjusted Price-to-FCF for today is 4.05.

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

FRA:TFBF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.4   Med: 4.5   Max: 14.22
Current: 4.12

During the past years, Kasikornbank Public Co's highest Cyclically Adjusted Price-to-FCF was 14.22. The lowest was 2.40. And the median was 4.50.

FRA:TFBF's Cyclically Adjusted Price-to-FCF is ranked better than
73.67% of 828 companies
in the Banks industry
Industry Median: 7.215 vs FRA:TFBF: 4.12

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.

Kasikornbank Public Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €0.322. 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 €0.77 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kasikornbank Public Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kasikornbank Public Co'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.

Kasikornbank Public Co Cyclically Adjusted Price-to-FCF Chart

Kasikornbank Public Co 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 6.12 3.99 3.79 4.07 4.51

Kasikornbank Public Co 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 3.35 3.80 3.81 4.51 3.99

Competitive Comparison of Kasikornbank Public Co's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Kasikornbank Public Co'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.


Kasikornbank Public Co's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Kasikornbank Public Co's Cyclically Adjusted Price-to-FCF falls into.



Kasikornbank Public Co 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.

Kasikornbank Public Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.12/0.77
=4.05

* 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.

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

For example, Kasikornbank Public Co'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)
=0.322/131.7762*131.7762
=0.322

Current CPI (Mar. 2024) = 131.7762.

Kasikornbank Public Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.001 100.560 -0.001
201409 -0.014 100.428 -0.018
201412 0.484 99.070 0.644
201503 -0.315 99.621 -0.417
201506 0.131 100.684 0.171
201509 -0.827 100.392 -1.086
201512 0.254 99.792 0.335
201603 -0.281 100.470 -0.369
201606 0.643 101.688 0.833
201609 0.708 101.861 0.916
201612 0.706 101.863 0.913
201703 0.193 102.862 0.247
201706 -0.614 103.349 -0.783
201709 -0.851 104.136 -1.077
201712 0.250 104.011 0.317
201803 0.075 105.290 0.094
201806 0.996 106.317 1.235
201809 0.411 106.507 0.509
201812 0.133 105.998 0.165
201903 0.281 107.251 0.345
201906 0.720 108.070 0.878
201909 0.017 108.329 0.021
201912 0.124 108.420 0.151
202003 0.626 108.902 0.757
202006 0.780 108.767 0.945
202009 -0.049 109.815 -0.059
202012 -0.438 109.897 -0.525
202103 0.974 111.754 1.149
202106 0.233 114.631 0.268
202109 0.567 115.734 0.646
202112 0.874 117.630 0.979
202203 -0.109 121.301 -0.118
202206 0.257 125.017 0.271
202209 0.023 125.227 0.024
202212 -0.281 125.222 -0.296
202303 -0.104 127.348 -0.108
202306 0.024 128.729 0.025
202309 0.046 129.860 0.047
202312 0.037 129.419 0.038
202403 0.322 131.776 0.322

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.


Kasikornbank Public Co  (FRA:TFBF) 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.


Kasikornbank Public Co Cyclically Adjusted Price-to-FCF Related Terms

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


Kasikornbank Public Co (FRA:TFBF) Business Description

Address
400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400
Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business' customers include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, and foreign currency exchange services. The Muang Thai Group Holding business offers insurance and brokerage services.

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