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Pacific Premier Bancorp (Pacific Premier Bancorp) Cyclically Adjusted FCF per Share : $2.81 (As of Dec. 2023)


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What is Pacific Premier Bancorp Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

Pacific Premier Bancorp's adjusted free cash flow per share for the three months ended in Dec. 2023 was $-0.196. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $2.81 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Pacific Premier Bancorp's average Cyclically Adjusted FCF Growth Rate was 9.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 17.80% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 16.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 18.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Pacific Premier Bancorp was 59.20% per year. The lowest was -73.20% per year. And the median was 14.70% per year.

As of today (2024-04-27), Pacific Premier Bancorp's current stock price is $21.98. Pacific Premier Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $2.81. Pacific Premier Bancorp's Cyclically Adjusted Price-to-FCF of today is 7.82.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pacific Premier Bancorp was 54.38. The lowest was 6.61. And the median was 22.56.


Pacific Premier Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for Pacific Premier Bancorp's Cyclically Adjusted FCF per Share 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.

Pacific Premier Bancorp Cyclically Adjusted FCF per Share Chart

Pacific Premier Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.72 2.07 2.56 2.81

Pacific Premier Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 2.68 2.76 2.87 2.81 -

Competitive Comparison of Pacific Premier Bancorp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, Pacific Premier Bancorp'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.


Pacific Premier Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Pacific Premier Bancorp's Cyclically Adjusted Price-to-FCF falls into.



Pacific Premier Bancorp Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Pacific Premier Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.196/129.4194*129.4194
=-0.196

Current CPI (Dec. 2023) = 129.4194.

Pacific Premier Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.082 99.695 -0.106
201406 0.216 100.560 0.278
201409 0.428 100.428 0.552
201412 0.114 99.070 0.149
201503 -0.008 99.621 -0.010
201506 0.286 100.684 0.368
201509 0.329 100.392 0.424
201512 0.388 99.792 0.503
201603 0.282 100.470 0.363
201606 0.455 101.688 0.579
201609 0.333 101.861 0.423
201612 0.792 101.863 1.006
201703 0.261 102.862 0.328
201706 0.885 103.349 1.108
201709 -0.136 104.136 -0.169
201712 0.620 104.011 0.771
201803 0.712 105.290 0.875
201806 1.642 106.317 1.999
201809 0.322 106.507 0.391
201812 0.900 105.998 1.099
201903 0.634 107.251 0.765
201906 0.492 108.070 0.589
201909 0.755 108.329 0.902
201912 0.828 108.420 0.988
202003 0.687 108.902 0.816
202006 0.794 108.767 0.945
202009 0.702 109.815 0.827
202012 0.409 109.897 0.482
202103 1.104 111.754 1.279
202106 0.674 114.631 0.761
202109 0.883 115.734 0.987
202112 0.645 117.630 0.710
202203 1.385 121.301 1.478
202206 0.811 125.017 0.840
202209 1.295 125.227 1.338
202212 0.800 125.222 0.827
202303 0.772 127.348 0.785
202306 1.057 128.729 1.063
202309 0.961 129.860 0.958
202312 -0.196 129.419 -0.196

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


Pacific Premier Bancorp  (NAS:PPBI) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

Pacific Premier Bancorp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=21.98/2.81
=7.82

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Pacific Premier Bancorp was 54.38. The lowest was 6.61. And the median was 22.56.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Pacific Premier Bancorp Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of Pacific Premier Bancorp's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Pacific Premier Bancorp (Pacific Premier Bancorp) Business Description

Traded in Other Exchanges
N/A
Address
17901 Von Karman Avenue, Suite 1200, Irvine, CA, USA, 92614
Pacific Premier Bancorp Inc through its subsidiaries, provides banking products and services. It offers cash management, electronic banking services, credit facilities, and retirement accounts, among others.
Executives
Michael S Karr officer: EVP & Chief Credit Officer 1600 SUNFLOWER AVE, COSTA MESA CA 92626
Lori R Wright officer: EVP, Chief Accounting Officer 17901 VON KARMAN AVENUE, SUITE 1200, IRVINE CA 92614
Tom Rice officer: EVP & Chief Operating Officer 17901 VON KARMAN AVENUE, SUITE 1200, IRVINE CA 92614
Edward Earl Wilcox officer: EVP/Chief Lending Officer 13221 SUSSEX PLACE, SANTA ANA CA 92705
Jeff C Jones director 1199 SOUTH FAIRWAY DRIVE, 2ND FLOOR, WALNUT CA 91789
Joseph L Garrett director 2820 DERBY STREET, BERKELEY CA 94705
Sherri V. Scott officer: Sr.EVP,Dir ESG & Corp Respons. 17911 VON KARMAN, SUITE 1200, IRVINE CA 92614
Tamara Wendoll officer: EVP/COO Pacific Premier Trust 17901 VAN KARMAN, SUITE 1200, IRVINE CA 92614
Steven R Gardner officer: President/CEO 12131 ORVILLINA DRIVE, SANTA ANA CA 92705
Stephanie Hsieh director 17901 VON KARMAN, SUITE 1200, IRVINE CA 92614
Rose Mckinney-james director 3950 LAS VEGAS BLVD. S., LAS VEGAS NV 89119
Margaret S. Ohlhaver officer: Sr.EVP, Chf Human Res. Officer 17911 VON KARMAN, SUITE 1200, IRVINE CA 92614
George M. Pereira director 17901 VON KARMAN, SUITE 1200, IRVINE CA 92614
Jaynie M Studenmund director 506 SECOND AVENUE, 9TH FLOOR, SEATTLE WA 98104
Nicolas Ronald J. Jr. officer: SEVP & CFO 2727 E. IMPERIAL HIGHWAY, BREA CA 92821