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PNC Financial Services Group (LTS:0KEF) Cyclically Adjusted Price-to-FCF : 8.79 (As of May. 24, 2024)


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What is PNC Financial Services Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), PNC Financial Services Group's current share price is $152.78. PNC Financial Services Group's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $17.39. PNC Financial Services Group's Cyclically Adjusted Price-to-FCF for today is 8.79.

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

LTS:0KEF' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.01   Med: 9.88   Max: 16.32
Current: 8.8

During the past years, PNC Financial Services Group's highest Cyclically Adjusted Price-to-FCF was 16.32. The lowest was 7.01. And the median was 9.88.

LTS:0KEF's Cyclically Adjusted Price-to-FCF is ranked worse than
61.48% of 836 companies
in the Banks industry
Industry Median: 7.43 vs LTS:0KEF: 8.80

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.

PNC Financial Services Group's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $4.395. 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 $17.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PNC Financial Services Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for PNC Financial Services Group'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.

PNC Financial Services Group Cyclically Adjusted Price-to-FCF Chart

PNC Financial Services Group 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 12.68 11.70 14.39 10.26 9.07

PNC Financial Services Group 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 8.01 7.56 7.76 9.07 9.31

Competitive Comparison of PNC Financial Services Group's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, PNC Financial Services Group'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.


PNC Financial Services Group's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where PNC Financial Services Group's Cyclically Adjusted Price-to-FCF falls into.



PNC Financial Services Group 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.

PNC Financial Services Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=152.78/17.39
=8.79

* 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.

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

For example, PNC Financial Services Group'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)
=4.395/131.7762*131.7762
=4.395

Current CPI (Mar. 2024) = 131.7762.

PNC Financial Services Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.876 100.560 3.769
201409 2.067 100.428 2.712
201412 1.893 99.070 2.518
201503 0.491 99.621 0.649
201506 2.659 100.684 3.480
201509 3.802 100.392 4.991
201512 3.717 99.792 4.908
201603 0.544 100.470 0.714
201606 0.964 101.688 1.249
201609 3.093 101.861 4.001
201612 2.439 101.863 3.155
201703 3.232 102.862 4.140
201706 1.291 103.349 1.646
201709 5.166 104.136 6.537
201712 1.800 104.011 2.280
201803 6.139 105.290 7.683
201806 3.426 106.317 4.246
201809 2.493 106.507 3.084
201812 4.606 105.998 5.726
201903 3.072 107.251 3.774
201906 4.962 108.070 6.050
201909 1.357 108.329 1.651
201912 7.096 108.420 8.625
202003 -1.619 108.902 -1.959
202006 7.106 108.767 8.609
202009 0.923 109.815 1.108
202012 4.532 109.897 5.434
202103 1.831 111.754 2.159
202106 3.314 114.631 3.810
202109 3.580 115.734 4.076
202112 8.202 117.630 9.188
202203 -2.355 121.301 -2.558
202206 6.357 125.017 6.701
202209 8.278 125.227 8.711
202212 9.966 125.222 10.488
202303 4.667 127.348 4.829
202306 8.120 128.729 8.312
202309 0.288 129.860 0.292
202312 12.130 129.419 12.351
202403 4.395 131.776 4.395

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.


PNC Financial Services Group  (LTS:0KEF) 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.


PNC Financial Services Group Cyclically Adjusted Price-to-FCF Related Terms

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


PNC Financial Services Group (LTS:0KEF) Business Description

Traded in Other Exchanges
Address
300 Fifth Avenue, The Tower at PNC Plaza, Pittsburgh, PA, USA, 15222-2401
PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking across the United States.

PNC Financial Services Group (LTS:0KEF) Headlines

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