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IDCBF (Industrial And Commercial Bank Of China) Cyclically Adjusted Price-to-FCF : 2.74 (As of Jun. 03, 2025)


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What is Industrial And Commercial Bank Of China Cyclically Adjusted Price-to-FCF?

As of today (2025-06-03), Industrial And Commercial Bank Of China's current share price is $0.768. Industrial And Commercial Bank Of China's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $0.28. Industrial And Commercial Bank Of China's Cyclically Adjusted Price-to-FCF for today is 2.74.

The historical rank and industry rank for Industrial And Commercial Bank Of China's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

IDCBF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.87   Med: 2.98   Max: 5.8
Current: 2.69

During the past years, Industrial And Commercial Bank Of China's highest Cyclically Adjusted Price-to-FCF was 5.80. The lowest was 1.87. And the median was 2.98.

IDCBF's Cyclically Adjusted Price-to-FCF is ranked better than
86.31% of 891 companies
in the Banks industry
Industry Median: 8.66 vs IDCBF: 2.69

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.

Industrial And Commercial Bank Of China's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $0.354. 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 $0.28 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Industrial And Commercial Bank Of China Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Industrial And Commercial Bank Of China'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.

Industrial And Commercial Bank Of China Cyclically Adjusted Price-to-FCF Chart

Industrial And Commercial Bank Of China Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.84 2.62 2.17 1.95 2.72

Industrial And Commercial Bank Of China Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.92 2.47 2.28 2.72 2.61

Competitive Comparison of Industrial And Commercial Bank Of China's Cyclically Adjusted Price-to-FCF

For the Banks - Diversified subindustry, Industrial And Commercial Bank Of China'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.


Industrial And Commercial Bank Of China's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Industrial And Commercial Bank Of China's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Industrial And Commercial Bank Of China's Cyclically Adjusted Price-to-FCF falls into.


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Industrial And Commercial Bank Of China 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.

Industrial And Commercial Bank Of China's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=0.768/0.28
=2.74

* 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.

Industrial And Commercial Bank Of China's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Industrial And Commercial Bank Of China's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2025 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.354/119.3844*119.3844
=0.354

Current CPI (Mar. 2025) = 119.3844.

Industrial And Commercial Bank Of China Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 0.250 99.267 0.301
201509 -0.148 99.927 -0.177
201512 0.158 102.015 0.185
201603 0.085 102.785 0.099
201606 0.038 101.686 0.045
201609 -0.006 102.565 -0.007
201612 -0.026 103.225 -0.030
201703 0.044 103.335 0.051
201706 0.097 103.664 0.112
201709 0.157 103.994 0.180
201712 0.021 104.984 0.024
201803 0.027 105.973 0.030
201806 0.049 106.193 0.055
201809 0.273 106.852 0.305
201812 -0.068 107.622 -0.075
201903 0.436 108.172 0.481
201906 -0.059 109.601 -0.064
201909 0.115 110.260 0.125
201912 -0.267 110.700 -0.288
202003 0.771 110.920 0.830
202006 -0.016 110.590 -0.017
202009 0.058 107.512 0.064
202012 -0.185 109.711 -0.201
202103 0.263 111.579 0.281
202106 -0.106 111.360 -0.114
202109 0.236 109.051 0.258
202112 -0.261 112.349 -0.277
202203 0.527 113.558 0.554
202206 0.078 113.448 0.082
202209 0.151 113.778 0.158
202212 -0.162 114.548 -0.169
202303 0.444 115.427 0.459
202306 0.073 115.647 0.075
202309 0.211 116.087 0.217
202312 -0.191 117.296 -0.194
202403 0.518 117.735 0.525
202406 -0.514 117.296 -0.523
202409 0.370 118.615 0.372
202412 -0.187 118.945 -0.188
202503 0.354 119.384 0.354

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.


Industrial And Commercial Bank Of China  (OTCPK:IDCBF) 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.


Industrial And Commercial Bank Of China Cyclically Adjusted Price-to-FCF Related Terms

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


Industrial And Commercial Bank Of China Business Description

Address
3 Garden Road, 33rd Floor, ICBC Tower, Central, Hong Kong, HKG
Industrial and Commercial Bank of China was founded in 1984 and is headquartered in Beijing. The bank listed its shares in mainland China and Hong Kong in 2006. It is China's largest by asset scale and by share of lending and deposits. Central Huijin Investment (China's sovereign wealth fund manager) and China's Ministry of Finance are ICBC's two largest shareholders, each with a stake of around 35%. ICBC operates over 16,000 outlets. Of these, 413 outlets are in 49 countries and regions overseas. Corporate banking, retail banking, and wholesale banking accounted for 47%, 40%, and 13% of total revenue, respectively, and 44%, 36%, and 18% of profit before tax in 2023. Overseas banking and other business contributed 12% of total revenue and 9% of profit before tax in 2023.