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Cullen/Frost Bankers (STU:CFZ) Cyclically Adjusted Price-to-FCF : 12.34 (As of Jun. 04, 2024)


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What is Cullen/Frost Bankers Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), Cullen/Frost Bankers's current share price is €93.50. Cullen/Frost Bankers's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €7.58. Cullen/Frost Bankers's Cyclically Adjusted Price-to-FCF for today is 12.34.

The historical rank and industry rank for Cullen/Frost Bankers's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

STU:CFZ' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.5   Med: 19.57   Max: 25.03
Current: 11.97

During the past years, Cullen/Frost Bankers's highest Cyclically Adjusted Price-to-FCF was 25.03. The lowest was 9.50. And the median was 19.57.

STU:CFZ's Cyclically Adjusted Price-to-FCF is ranked worse than
78.23% of 827 companies
in the Banks industry
Industry Median: 7.43 vs STU:CFZ: 11.97

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.

Cullen/Frost Bankers's adjusted free cash flow per share data for the three months ended in Mar. 2024 was €6.435. 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 €7.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cullen/Frost Bankers Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cullen/Frost Bankers'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.

Cullen/Frost Bankers Cyclically Adjusted Price-to-FCF Chart

Cullen/Frost Bankers 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 17.48 15.71 19.76 18.59 14.19

Cullen/Frost Bankers 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 13.84 13.65 11.41 14.19 13.47

Competitive Comparison of Cullen/Frost Bankers's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Cullen/Frost Bankers'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.


Cullen/Frost Bankers's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Cullen/Frost Bankers's Cyclically Adjusted Price-to-FCF falls into.



Cullen/Frost Bankers 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.

Cullen/Frost Bankers's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=93.50/7.58
=12.34

* 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.

Cullen/Frost Bankers's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cullen/Frost Bankers'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)
=6.435/131.7762*131.7762
=6.435

Current CPI (Mar. 2024) = 131.7762.

Cullen/Frost Bankers Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.044 100.560 -0.058
201409 0.470 100.428 0.617
201412 0.807 99.070 1.073
201503 0.043 99.621 0.057
201506 0.230 100.684 0.301
201509 3.099 100.392 4.068
201512 0.117 99.792 0.154
201603 1.778 100.470 2.332
201606 0.479 101.688 0.621
201609 2.059 101.861 2.664
201612 1.209 101.863 1.564
201703 1.781 102.862 2.282
201706 0.693 103.349 0.884
201709 2.049 104.136 2.593
201712 2.264 104.011 2.868
201803 2.433 105.290 3.045
201806 0.188 106.317 0.233
201809 2.576 106.507 3.187
201812 1.091 105.998 1.356
201903 1.416 107.251 1.740
201906 1.270 108.070 1.549
201909 3.214 108.329 3.910
201912 0.150 108.420 0.182
202003 3.117 108.902 3.772
202006 -0.880 108.767 -1.066
202009 3.216 109.815 3.859
202012 0.462 109.897 0.554
202103 2.724 111.754 3.212
202106 1.471 114.631 1.691
202109 2.586 115.734 2.944
202112 0.920 117.630 1.031
202203 4.514 121.301 4.904
202206 -0.784 125.017 -0.826
202209 3.402 125.227 3.580
202212 1.983 125.222 2.087
202303 1.767 127.348 1.828
202306 1.658 128.729 1.697
202309 3.002 129.860 3.046
202312 -1.762 129.419 -1.794
202403 6.435 131.776 6.435

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.


Cullen/Frost Bankers  (STU:CFZ) 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.


Cullen/Frost Bankers Cyclically Adjusted Price-to-FCF Related Terms

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


Cullen/Frost Bankers (STU:CFZ) Business Description

Traded in Other Exchanges
Address
111 W. Houston Street, San Antonio, TX, USA, 78205
Cullen/Frost Bankers is a financial holding company, headquartered in San Antonio. One of the 50 largest U.S. banks, Frost provides a wide range of banking, investments, and insurance services to businesses and individuals across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley, and San Antonio regions.

Cullen/Frost Bankers (STU:CFZ) Headlines

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