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Bank of Communications Co (Bank of Communications Co) Cyclically Adjusted Price-to-FCF : 3.32 (As of Apr. 28, 2024)


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What is Bank of Communications Co Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), Bank of Communications Co's current share price is $16.85. Bank of Communications Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $5.07. Bank of Communications Co's Cyclically Adjusted Price-to-FCF for today is 3.32.

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

BCMXY' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.43   Med: 3.14   Max: 7.87
Current: 3.62

During the past years, Bank of Communications Co's highest Cyclically Adjusted Price-to-FCF was 7.87. The lowest was 2.43. And the median was 3.14.

BCMXY's Cyclically Adjusted Price-to-FCF is ranked better than
76.44% of 832 companies
in the Banks industry
Industry Median: 7.405 vs BCMXY: 3.62

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 Communications Co's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $5.442. 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 $5.07 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank of Communications Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bank of Communications 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 Communications Co Cyclically Adjusted Price-to-FCF Chart

Bank of Communications 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 3.88 2.69 2.84 2.43 3.03

Bank of Communications Co 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 2.43 2.43 3.17 3.25 3.03

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

For the Banks - Diversified subindustry, Bank of Communications 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 Communications Co's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=16.85/5.07
=3.32

* 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 Communications Co's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Bank of Communications Co'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)
=5.442/114.6694*114.6694
=5.442

Current CPI (Dec. 2023) = 114.6694.

Bank of Communications Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -3.531 98.600 -4.106
201406 2.653 98.200 3.098
201409 -0.407 98.900 -0.472
201412 2.750 99.000 3.185
201503 3.966 99.900 4.552
201506 14.443 99.500 16.645
201509 -3.293 100.500 -3.757
201512 6.146 100.600 7.006
201603 -0.116 102.200 -0.130
201606 15.255 101.400 17.251
201609 -2.283 102.400 -2.557
201612 8.770 102.600 9.802
201703 2.089 103.200 2.321
201706 -0.413 103.100 -0.459
201709 -1.212 104.100 -1.335
201712 -1.429 104.500 -1.568
201803 0.503 105.300 0.548
201806 2.469 104.900 2.699
201809 2.011 106.600 2.163
201812 -0.542 106.500 -0.584
201903 -0.984 107.700 -1.048
201906 0.174 107.700 0.185
201909 2.504 109.800 2.615
201912 -7.289 111.200 -7.516
202003 5.701 112.300 5.821
202006 -1.572 110.400 -1.633
202009 2.544 111.700 2.612
202012 -2.031 111.500 -2.089
202103 -4.529 112.662 -4.610
202106 -1.634 111.769 -1.676
202109 -1.219 112.215 -1.246
202112 4.593 113.108 4.656
202203 5.073 114.335 5.088
202206 -0.872 114.558 -0.873
202209 -0.221 115.339 -0.220
202212 12.210 115.116 12.163
202303 5.876 115.116 5.853
202306 -6.142 114.558 -6.148
202309 0.174 115.339 0.173
202312 5.442 114.669 5.442

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 Communications Co  (OTCPK:BCMXY) 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 Communications Co Cyclically Adjusted Price-to-FCF Related Terms

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Bank of Communications Co (Bank of Communications Co) Business Description

Traded in Other Exchanges
Address
No.188, Yin Cheng Zhong Lu, Pilot Free Trade Zone, Pudong New District, Shanghai, CHN, 200120
Bank of Communications, or Bocom, is the only state-owned bank with headquarters in Shanghai. As one of China's four oldest banks, Bocom became China's first state-owned shareholding commercial bank in 1987. Today, Bocom is amid a strategic transformation, building itself into a global wealth-management bank with wide-ranging financial operations, including insurance, brokerage, trust, and asset management.

Bank of Communications Co (Bank of Communications Co) Headlines