GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kasikornbank Public Co Ltd (SGX:TKKD) » Definitions » Cyclically Adjusted Price-to-FCF

Kasikornbank Public Co (SGX:TKKD) Cyclically Adjusted Price-to-FCF : (As of Jun. 05, 2024)


View and export this data going back to 2024. Start your Free Trial

What is Kasikornbank Public Co Cyclically Adjusted Price-to-FCF?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted Price-to-FCF for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kasikornbank Public Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Kasikornbank Public 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.

Kasikornbank Public Co Cyclically Adjusted Price-to-FCF Chart

Kasikornbank Public 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 6.12 3.99 3.79 4.07 4.51

Kasikornbank Public Co 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 3.35 3.80 3.81 4.51 3.99

Competitive Comparison of Kasikornbank Public Co's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Kasikornbank Public 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.


Kasikornbank Public Co's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Kasikornbank Public Co's Cyclically Adjusted Price-to-FCF falls into.



Kasikornbank Public 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.

Kasikornbank Public Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Kasikornbank Public Co'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)
=0.469/131.7762*131.7762
=0.469

Current CPI (Mar. 2024) = 131.7762.

Kasikornbank Public Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.002 100.560 -0.003
201409 -0.022 100.428 -0.029
201412 0.785 99.070 1.044
201503 -0.469 99.621 -0.620
201506 0.197 100.684 0.258
201509 -1.313 100.392 -1.723
201512 0.390 99.792 0.515
201603 -0.429 100.470 -0.563
201606 0.977 101.688 1.266
201609 1.080 101.861 1.397
201612 1.069 101.863 1.383
201703 0.289 102.862 0.370
201706 -0.954 103.349 -1.216
201709 -1.368 104.136 -1.731
201712 0.398 104.011 0.504
201803 0.121 105.290 0.151
201806 1.569 106.317 1.945
201809 0.658 106.507 0.814
201812 0.208 105.998 0.259
201903 0.431 107.251 0.530
201906 1.108 108.070 1.351
201909 0.026 108.329 0.032
201912 0.186 108.420 0.226
202003 0.979 108.902 1.185
202006 1.225 108.767 1.484
202009 -0.079 109.815 -0.095
202012 -0.710 109.897 -0.851
202103 1.557 111.754 1.836
202106 0.374 114.631 0.430
202109 0.900 115.734 1.025
202112 1.346 117.630 1.508
202203 -0.164 121.301 -0.178
202206 0.377 125.017 0.397
202209 0.032 125.227 0.034
202212 -0.402 125.222 -0.423
202303 -0.149 127.348 -0.154
202306 0.035 128.729 0.036
202309 0.068 129.860 0.069
202312 0.054 129.419 0.055
202403 0.469 131.776 0.469

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.


Kasikornbank Public Co  (SGX:TKKD) 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.


Kasikornbank Public Co Cyclically Adjusted Price-to-FCF Related Terms

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


Kasikornbank Public Co (SGX:TKKD) Business Description

Address
400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400
Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business' customers include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, and foreign currency exchange services. The Muang Thai Group Holding business offers insurance and brokerage services.

Kasikornbank Public Co (SGX:TKKD) Headlines

No Headlines