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NBHC (National Bank Holdings) Cyclically Adjusted Price-to-FCF : 13.73 (As of Jun. 03, 2025)


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What is National Bank Holdings Cyclically Adjusted Price-to-FCF?

As of today (2025-06-03), National Bank Holdings's current share price is $35.96. National Bank Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 was $2.62. National Bank Holdings's Cyclically Adjusted Price-to-FCF for today is 13.73.

The historical rank and industry rank for National Bank Holdings's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

NBHC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 12.95   Med: 19.91   Max: 129.37
Current: 13.8

During the past years, National Bank Holdings's highest Cyclically Adjusted Price-to-FCF was 129.37. The lowest was 12.95. And the median was 19.91.

NBHC's Cyclically Adjusted Price-to-FCF is ranked worse than
78.9% of 891 companies
in the Banks industry
Industry Median: 8.66 vs NBHC: 13.80

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.

National Bank Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2025 was $0.771. 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 $2.62 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Bank Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for National Bank Holdings'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.

National Bank Holdings Cyclically Adjusted Price-to-FCF Chart

National Bank Holdings 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 - 96.48 26.44 18.02 17.53

National Bank Holdings 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 16.31 17.47 18.35 17.53 14.61

Competitive Comparison of National Bank Holdings's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, National Bank Holdings'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.


National Bank Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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


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National Bank Holdings 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.

National Bank Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=35.96/2.62
=13.73

* 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.

National Bank Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, National Bank Holdings'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)
=0.771/134.9266*134.9266
=0.771

Current CPI (Mar. 2025) = 134.9266.

National Bank Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201506 -0.274 100.684 -0.367
201509 0.184 100.392 0.247
201512 -0.779 99.792 -1.053
201603 0.171 100.470 0.230
201606 0.666 101.688 0.884
201609 0.023 101.861 0.030
201612 -1.072 101.863 -1.420
201703 0.739 102.862 0.969
201706 0.492 103.349 0.642
201709 0.105 104.136 0.136
201712 0.557 104.011 0.723
201803 0.276 105.290 0.354
201806 -1.366 106.317 -1.734
201809 1.659 106.507 2.102
201812 1.561 105.998 1.987
201903 -0.169 107.251 -0.213
201906 -0.023 108.070 -0.029
201909 -1.977 108.329 -2.462
201912 3.217 108.420 4.003
202003 0.768 108.902 0.952
202006 -1.326 108.767 -1.645
202009 -1.533 109.815 -1.884
202012 1.727 109.897 2.120
202103 0.242 111.754 0.292
202106 4.050 114.631 4.767
202109 0.350 115.734 0.408
202112 1.125 117.630 1.290
202203 1.600 121.301 1.780
202206 2.572 125.017 2.776
202209 1.709 125.227 1.841
202212 0.877 125.222 0.945
202303 -0.670 127.348 -0.710
202306 2.185 128.729 2.290
202309 1.045 129.860 1.086
202312 0.851 129.419 0.887
202403 0.641 131.776 0.656
202406 0.485 132.554 0.494
202409 1.023 133.029 1.038
202412 0.991 133.157 1.004
202503 0.771 134.927 0.771

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.


National Bank Holdings  (NYSE:NBHC) 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.


National Bank Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


National Bank Holdings Business Description

Traded in Other Exchanges
N/A
Address
7800 East Orchard Road, Suite 300, Greenwood Village, CO, USA, 80111
National Bank Holdings Corp is a bank holding company. It provides various banking products and financial services to commercial, business, and consumer clients in the United States. The company offers deposit products including checking accounts, savings accounts, money market accounts, and other deposit accounts, including fixed-rate and fixed-maturity time deposits. It also provides commercial and industrial loans and leases. In addition, it offers treasury management solutions comprising online and mobile banking, commercial credit cards, wire transfers, automated clearing house, and electronic bill payments.
Executives
Maria F Spring director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Newfield Richard U Jr. officer: Chief Risk Mngmt Officer 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Christopher S. Randall officer: EVP, Comm. & Specialty Banking 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
G. Timothy Laney director, officer: Chief Executive Officer 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Ralph W Clermont director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Denabeele Nicole Van officer: Chief Accounting Officer 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Robert E Dean director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Art Zeile director INTRADO INC, 1601 DRY CREEK DRIVE, LONGMONT CO 80503
Patrick G. Sobers officer: EVP, Consumer & Smll Bus. Bnkg 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Brendan W Zahl officer: EVP NBH Residential Banking 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Alka Gupta director 2828 N. HARWOOD STREET, 15TH FLOOR, DALLAS TX 75201
Warren Burney S. Iii director 5570 DTC PARKWAY, GREENWOOD VILLAGE CO 80111
Angela Nicole Petrucci officer: Chief Admin Officer NATIONAL BANK HOLDINGS CORPORATION, 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Whitney A. Bartelli officer: Chief Marketing Officer 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111
Ruth Stevenson officer: Chief Client Executive 7800 EAST ORCHARD ROAD, SUITE 300, GREENWOOD VILLAGE CO 80111