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JSC VTB Bank (MIC:VTBR) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is JSC VTB Bank Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


JSC VTB Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for JSC VTB Bank'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.

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JSC VTB Bank Cyclically Adjusted Price-to-FCF Chart

JSC VTB Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
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JSC VTB Bank Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22 Jun23
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Competitive Comparison of JSC VTB Bank's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, JSC VTB Bank'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.


JSC VTB Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where JSC VTB Bank's Cyclically Adjusted Price-to-FCF falls into.



JSC VTB Bank 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.

JSC VTB Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, JSC VTB Bank's adjusted Free Cash Flow per Share data for the three months ended in Jun. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=0/238.3000*238.3000
=0.000

Current CPI (Jun. 2023) = 238.3000.

JSC VTB Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201209 0.009 115.700 0.019
201212 -0.014 117.300 -0.028
201303 -0.006 119.500 -0.012
201306 0.004 121.400 0.008
201309 -0.040 122.800 -0.078
201312 -0.039 124.900 -0.074
201403 0.030 127.800 0.056
201406 -0.024 130.900 -0.044
201409 -0.003 132.700 -0.005
201412 -0.092 139.000 -0.158
201503 0.050 149.400 0.080
201506 0.014 150.900 0.022
201509 0.082 153.500 0.127
201512 -0.045 157.000 -0.068
201603 0.096 160.200 0.143
201606 0.035 162.200 0.051
201609 -0.008 163.300 -0.012
201612 -0.036 165.400 -0.052
201703 0.089 167.000 0.127
201706 0.016 169.200 0.023
201709 0.004 168.200 0.006
201712 0.028 169.600 0.039
201803 -0.002 171.000 -0.003
201806 0.038 173.100 0.052
201809 -0.049 173.900 -0.067
201812 0.055 176.800 0.074
201903 -0.016 179.900 -0.021
201906 0.009 181.200 0.012
201909 0.013 180.800 0.017
201912 0.028 182.200 0.037
202003 -0.049 184.500 -0.063
202006 0.049 187.000 0.062
202009 -0.040 187.400 -0.051
202012 0.013 191.100 0.016
202103 0.000 195.200 0.000
202106 0.000 199.100 0.000
202109 0.000 201.300 0.000
202112 0.000 207.200 0.000
202212 0.000 231.900 0.000
202306 0.000 238.300 0.000

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.


JSC VTB Bank  (MIC:VTBR) 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.


JSC VTB Bank Cyclically Adjusted Price-to-FCF Related Terms

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JSC VTB Bank (MIC:VTBR) Business Description

Industry
Traded in Other Exchanges
N/A
Address
11A Degtyarniy Lane, Saint Petersburg, RUS, 191144
JSC VTB Bank and its subsidiaries are providers of banking products and services, domiciled in the Russian Federation. The bank earns the majority of its revenue domestically. Its revenue driver of the bank is the corporate/investment banking segment, which offers services such as commercial lending, currencies, export and import transactions, securities trading, derivatives, broking, dealing, corporate finance, asset management, and financial consulting.

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