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Bank of Xi'an Co (SHSE:600928) Cyclically Adjusted Price-to-FCF : 1.08 (As of Jun. 22, 2024)


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What is Bank of Xi'an Co Cyclically Adjusted Price-to-FCF?

As of today (2024-06-22), Bank of Xi'an Co's current share price is ¥3.29. Bank of Xi'an Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥3.05. Bank of Xi'an Co's Cyclically Adjusted Price-to-FCF for today is 1.08.

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

SHSE:600928' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.89   Med: 1.01   Max: 1.21
Current: 1.08

During the past years, Bank of Xi'an Co's highest Cyclically Adjusted Price-to-FCF was 1.21. The lowest was 0.89. And the median was 1.01.

SHSE:600928's Cyclically Adjusted Price-to-FCF is ranked better than
93.41% of 834 companies
in the Banks industry
Industry Median: 7.265 vs SHSE:600928: 1.08

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.

Bank of Xi'an Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥-2.389. 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 ¥3.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Xi'an Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bank of Xi'an 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.

Bank of Xi'an Co Cyclically Adjusted Price-to-FCF Chart

Bank of Xi'an 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 - - - 0.94 0.94

Bank of Xi'an 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 1.01 1.05 0.99 0.94 1.11

Competitive Comparison of Bank of Xi'an Co's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Bank of Xi'an 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.


Bank of Xi'an Co's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Bank of Xi'an Co's Cyclically Adjusted Price-to-FCF falls into.



Bank of Xi'an 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.

Bank of Xi'an Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.29/3.05
=1.08

* 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.

Bank of Xi'an Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bank of Xi'an 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)
=-2.389/115.2271*115.2271
=-2.389

Current CPI (Mar. 2024) = 115.2271.

Bank of Xi'an Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201112 0.000 92.885 0.000
201212 0.000 95.237 0.000
201312 0.000 97.624 0.000
201412 0.000 99.000 0.000
201506 0.000 99.500 0.000
201509 0.000 100.500 0.000
201512 0.000 100.600 0.000
201603 0.000 102.200 0.000
201606 0.000 101.400 0.000
201609 0.000 102.400 0.000
201612 0.000 102.600 0.000
201703 0.000 103.200 0.000
201706 0.000 103.100 0.000
201709 0.000 104.100 0.000
201712 0.000 104.500 0.000
201803 -4.369 105.300 -4.781
201806 2.193 104.900 2.409
201809 -3.217 106.600 -3.477
201812 1.033 106.500 1.118
201903 -0.072 107.700 -0.077
201906 2.476 107.700 2.649
201909 -2.735 109.800 -2.870
201912 0.779 111.200 0.807
202003 0.305 112.300 0.313
202006 3.187 110.400 3.326
202009 2.848 111.700 2.938
202012 1.252 111.500 1.294
202103 -0.213 112.662 -0.218
202106 -0.405 111.769 -0.418
202109 0.793 112.215 0.814
202112 2.849 113.108 2.902
202203 0.253 114.335 0.255
202206 4.511 114.558 4.537
202209 0.904 115.339 0.903
202212 6.259 115.116 6.265
202303 -0.944 115.116 -0.945
202306 0.732 114.558 0.736
202309 2.759 115.339 2.756
202312 0.209 114.781 0.210
202403 -2.389 115.227 -2.389

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.


Bank of Xi'an Co  (SHSE:600928) 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.


Bank of Xi'an Co Cyclically Adjusted Price-to-FCF Related Terms

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Bank of Xi'an Co (SHSE:600928) Business Description

Traded in Other Exchanges
N/A
Address
No. 60, Gaoxin Road, Shaanxi Province, Xi’an, CHN, 710075
Bank of Xi'an Co Ltd is a regional joint-stock commercial bank with equity-based and market-oriented characteristics, which is invested by the state-owned platform companies, large foreign-funded banks and large domestic enterprises.
Executives
Shi Xiao Yun senior management
Li Chao Supervisors
Tan Min Supervisors
Wang Xin Director
Di Hao senior management
He Yong senior management

Bank of Xi'an Co (SHSE:600928) Headlines

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