GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco De Chile (NYSE:BCH) » Definitions » Cyclically Adjusted Price-to-FCF

Banco De Chile (Banco De Chile) Cyclically Adjusted Price-to-FCF : (As of Apr. 29, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Banco De Chile Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Banco De Chile Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Banco De Chile'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.

Banco De Chile Cyclically Adjusted Price-to-FCF Chart

Banco De Chile 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 - - - - -

Banco De Chile Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Banco De Chile's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Banco De Chile'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.


Banco De Chile's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Banco De Chile's Cyclically Adjusted Price-to-FCF falls into.



Banco De Chile 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.

Banco De Chile's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Banco De Chile'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)
=-1.438/146.1089*146.1089
=-1.438

Current CPI (Dec. 2023) = 146.1089.

Banco De Chile Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.294 94.584 -1.999
201406 0.187 95.543 0.286
201409 0.412 96.883 0.621
201412 -0.232 97.515 -0.348
201503 -0.184 98.539 -0.273
201506 -1.997 99.770 -2.925
201509 -2.170 101.383 -3.127
201512 -0.551 101.775 -0.791
201603 0.674 102.930 0.957
201606 -0.137 103.965 -0.193
201609 -0.420 104.521 -0.587
201612 0.228 104.532 0.319
201703 0.340 105.752 0.470
201706 0.854 105.730 1.180
201709 0.477 106.035 0.657
201712 0.843 106.907 1.152
201803 0.322 107.670 0.437
201806 -0.676 108.421 -0.911
201809 -1.097 109.369 -1.466
201812 -2.549 109.653 -3.396
201903 2.931 110.339 3.881
201906 -2.074 111.352 -2.721
201909 0.090 111.821 0.118
201912 2.642 112.943 3.418
202003 0.533 114.468 0.680
202006 -1.672 114.283 -2.138
202009 0.644 115.275 0.816
202012 -6.285 116.299 -7.896
202103 -6.269 117.770 -7.778
202106 4.264 118.630 5.252
202109 2.683 121.431 3.228
202112 5.912 124.634 6.931
202203 -3.440 128.850 -3.901
202206 -0.280 133.448 -0.307
202209 0.044 138.101 0.047
202212 3.486 140.574 3.623
202303 -1.221 143.145 -1.246
202306 -0.075 143.538 -0.076
202309 4.598 145.172 4.628
202312 -1.438 146.109 -1.438

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.


Banco De Chile  (NYSE:BCH) 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.


Banco De Chile Cyclically Adjusted Price-to-FCF Related Terms

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


Banco De Chile (Banco De Chile) Business Description

Industry
Traded in Other Exchanges
Address
Paseo Ahumada 251, Santiago, CHL
Operating under three separate brand names (Banco de Chile, Banco Edwards-Citi, and Banco CrediChile) Banco de Chile is the second largest in the country by loans and third largest by deposits. Banco de Chile generates most of its net interest income (roughly 60% of total revenue) from its mortgage, unsecured consumer credit lines, and commercial loans, with 25% of its outstanding loans being made to firms with more than 10,000 million CLP in revenue. Outside of its banking business, Banco de Chile is the largest asset manager in the country and one of the largest security brokerages, supporting its substantial fee-based revenue.

Banco De Chile (Banco De Chile) Headlines

From GuruFocus

BCH Files 2022 20F Annual Report

By ACCESSWIRE ACCESSWIRE 04-29-2023

DPM Capital LLC Buys Banco De Chile, Sells Berkshire Hathaway Inc, U.S. Bancorp

By GuruFocus Research GuruFocus Editor 11-18-2020

Banco de Chile Announces BCH files 2021 20F Annual Report

By ACCESSWIRE ACCESSWIRE 04-30-2022

Banco de Chile Announces: BCH Files 2020 20F Annual Report

By ACCESSWIRE ACCESSWIRE 05-01-2021

BCH files Form 20-F for 2017

By ACCESSWIRE AccessWire 04-12-2019

BCH files 2018 20F Annual Report

By ACCESSWIRE AccessWire 04-29-2019