GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Zhengzhou Co Ltd (HKSE:06196) » Definitions » Cyclically Adjusted Price-to-FCF

Bank of Zhengzhou Co (HKSE:06196) Cyclically Adjusted Price-to-FCF : (As of May. 24, 2024)


View and export this data going back to 2015. Start your Free Trial

What is Bank of Zhengzhou Co Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Zhengzhou Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bank of Zhengzhou 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.

Bank of Zhengzhou Co Cyclically Adjusted Price-to-FCF Chart

Bank of Zhengzhou 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 - - 2.39 12.23 -

Bank of Zhengzhou Co Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun20 Dec20 Jun21 Dec21 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 - - - - -

Competitive Comparison of Bank of Zhengzhou Co's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Bank of Zhengzhou 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.


Bank of Zhengzhou Co's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Zhengzhou Co's Cyclically Adjusted Price-to-FCF falls into.



Bank of Zhengzhou 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.

Bank of Zhengzhou Co's Cyclically Adjusted FCF per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Bank of Zhengzhou Co's adjusted Free Cash Flow per Share data for the fiscal year that ended in Dec23 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.135/114.7809*114.7809
=0.135

Current CPI (Dec23) = 114.7809.

Bank of Zhengzhou Co Annual Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201412 4.838 99.000 5.609
201512 1.438 100.600 1.641
201612 7.668 102.600 8.578
201712 -0.371 104.500 -0.407
201812 -3.752 106.500 -4.044
201912 -1.124 111.200 -1.160
202012 -1.706 111.500 -1.756
202112 -5.834 113.108 -5.920
202212 -3.942 115.116 -3.931
202312 0.135 114.781 0.135

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.


Bank of Zhengzhou Co  (HKSE:06196) 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.


Bank of Zhengzhou Co Cyclically Adjusted Price-to-FCF Related Terms

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


Bank of Zhengzhou Co (HKSE:06196) Business Description

Traded in Other Exchanges
Address
No. 22 Shangwu waihuan Road, Zhengdong New District, Henan Province, Zhengzhou, CHN, 450046
Bank of Zhengzhou Co Ltd lays emphasis on commercial banking operations in China. The bank functions through the corporate, retail and treasury banking divisions. The corporate banking segment is the majority revenue generating segment for the company with a range of financial products and services tailor-made for corporations, government agencies and financial institutions. The retail banking segment provides similar services to individual customers and the treasury operations comprise of including interbank money market transactions, repurchases transactions and investments.
Executives
Tinmark Development Limited 2201 Interest of corporation controlled by you
Bao Xin Development Limited 2101 Beneficial owner
Bao Xin International Group Limited 2201 Interest of corporation controlled by you
True Benefit Global Limited 2201 Interest of corporation controlled by you
Luo Yiping 2201 Interest of corporation controlled by you
Citic Securities Company Limited 2201 Interest of corporation controlled by you
Yao Jianhui 2201 Interest of corporation controlled by you
Yunnan Energy Investment (h K) Co. Limited 2201 Interest of corporation controlled by you
Yunnan International Holding Group Limited 2101 Beneficial owner
Yunnan Provincial Energy Investment Group Co., Ltd 2201 Interest of corporation controlled by you
Shen Zhen Xin Cheng Hua Xiang Shi Ye You Xian Gong Si 2201 Interest of corporation controlled by you
Xie Tinggui 2201 Interest of corporation controlled by you
China Goldjoy Securities Limited
Goncius I Limited 2101 Beneficial owner
Huarong International Financial Holdings Limited 2101 Beneficial owner

Bank of Zhengzhou Co (HKSE:06196) Headlines

No Headlines