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CIMB Group Holdings Bhd (XKLS:1023) Cyclically Adjusted Price-to-FCF : 4.91 (As of Jun. 18, 2024)


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What is CIMB Group Holdings Bhd Cyclically Adjusted Price-to-FCF?

As of today (2024-06-18), CIMB Group Holdings Bhd's current share price is RM6.92. CIMB Group Holdings Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was RM1.41. CIMB Group Holdings Bhd's Cyclically Adjusted Price-to-FCF for today is 4.91.

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

XKLS:1023' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.55   Med: 4.61   Max: 12.27
Current: 4.91

During the past years, CIMB Group Holdings Bhd's highest Cyclically Adjusted Price-to-FCF was 12.27. The lowest was 3.55. And the median was 4.61.

XKLS:1023's Cyclically Adjusted Price-to-FCF is ranked better than
68.19% of 830 companies
in the Banks industry
Industry Median: 7.2 vs XKLS:1023: 4.91

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.

CIMB Group Holdings Bhd's adjusted free cash flow per share data for the three months ended in Mar. 2024 was RM0.725. 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 RM1.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CIMB Group Holdings Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for CIMB Group Holdings Bhd'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.

CIMB Group Holdings Bhd Cyclically Adjusted Price-to-FCF Chart

CIMB Group Holdings Bhd 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 11.67 4.58 4.94 4.78 4.68

CIMB Group Holdings Bhd 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 4.32 3.91 4.26 4.68 4.71

Competitive Comparison of CIMB Group Holdings Bhd's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, CIMB Group Holdings Bhd'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.


CIMB Group Holdings Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where CIMB Group Holdings Bhd's Cyclically Adjusted Price-to-FCF falls into.



CIMB Group Holdings Bhd 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.

CIMB Group Holdings Bhd's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=6.92/1.41
=4.91

* 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.

CIMB Group Holdings Bhd's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CIMB Group Holdings Bhd'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)
=0.725/131.7762*131.7762
=0.725

Current CPI (Mar. 2024) = 131.7762.

CIMB Group Holdings Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.886 100.560 1.161
201409 -0.460 100.428 -0.604
201412 0.525 99.070 0.698
201503 1.144 99.621 1.513
201506 -0.437 100.684 -0.572
201509 -0.565 100.392 -0.742
201512 -0.250 99.792 -0.330
201603 1.037 100.470 1.360
201606 -0.586 101.688 -0.759
201609 0.867 101.861 1.122
201612 -1.163 101.863 -1.505
201703 0.885 102.862 1.134
201706 -0.322 103.349 -0.411
201709 0.725 104.136 0.917
201712 0.723 104.011 0.916
201803 0.799 105.290 1.000
201806 -0.508 106.317 -0.630
201809 0.169 106.507 0.209
201812 -0.256 105.998 -0.318
201903 0.168 107.251 0.206
201906 -0.378 108.070 -0.461
201909 -0.116 108.329 -0.141
201912 0.156 108.420 0.190
202003 0.961 108.902 1.163
202006 1.609 108.767 1.949
202009 1.372 109.815 1.646
202012 0.519 109.897 0.622
202103 0.511 111.754 0.603
202106 0.852 114.631 0.979
202109 0.416 115.734 0.474
202112 0.416 117.630 0.466
202203 -0.113 121.301 -0.123
202206 0.802 125.017 0.845
202209 -0.036 125.227 -0.038
202212 0.036 125.222 0.038
202303 0.647 127.348 0.669
202306 0.357 128.729 0.365
202309 0.021 129.860 0.021
202312 -0.255 129.419 -0.260
202403 0.725 131.776 0.725

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.


CIMB Group Holdings Bhd  (XKLS:1023) 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.


CIMB Group Holdings Bhd Cyclically Adjusted Price-to-FCF Related Terms

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


CIMB Group Holdings Bhd (XKLS:1023) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Stesen Sentral 2, Level 13, Menara CIMB, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
CIMB Group Holdings Bhd is a full-service bank based primarily in Malaysia and other Association of Southeast Asian Nations. The bank's segment includes Consumer Banking, Commercial Banking, Wholesale Banking, and CIMB Digital Assets and Group Funding. Most of the bank's income is derived from net interest income.

CIMB Group Holdings Bhd (XKLS:1023) Headlines

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