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AB Bank (DHA:ABBANK) Cyclically Adjusted Price-to-FCF : 1.76 (As of Apr. 28, 2024)


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What is AB Bank Cyclically Adjusted Price-to-FCF?

As of today (2024-04-28), AB Bank's current share price is BDT8.00. AB Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 was BDT4.54. AB Bank's Cyclically Adjusted Price-to-FCF for today is 1.76.

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

DHA:ABBANK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.57   Med: 2.61   Max: 5.74
Current: 1.76

During the past years, AB Bank's highest Cyclically Adjusted Price-to-FCF was 5.74. The lowest was 1.57. And the median was 2.61.

DHA:ABBANK's Cyclically Adjusted Price-to-FCF is ranked better than
87.98% of 832 companies
in the Banks industry
Industry Median: 7.405 vs DHA:ABBANK: 1.76

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.

AB Bank's adjusted free cash flow per share data for the three months ended in Sep. 2023 was BDT11.039. 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 BDT4.54 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AB Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for AB Bank'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.

AB Bank Cyclically Adjusted Price-to-FCF Chart

AB Bank Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.61

AB Bank Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 2.49 2.61 5.76 2.80 2.14

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

For the Banks - Regional subindustry, AB Bank'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.


AB Bank's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



AB Bank 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.

AB Bank's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=8.00/4.54
=1.76

* 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.

AB Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, AB Bank's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=11.039/129.8595*129.8595
=11.039

Current CPI (Sep. 2023) = 129.8595.

AB Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 98.326 0.000
201403 3.060 99.695 3.986
201406 2.782 100.560 3.593
201409 -2.678 100.428 -3.463
201412 1.738 99.070 2.278
201503 2.730 99.621 3.559
201506 0.021 100.684 0.027
201509 2.980 100.392 3.855
201512 -5.299 99.792 -6.896
201603 8.838 100.470 11.423
201606 20.821 101.688 26.589
201609 7.436 101.861 9.480
201612 -8.058 101.863 -10.273
201703 -8.937 102.862 -11.283
201706 -1.270 103.349 -1.596
201709 0.108 104.136 0.135
201712 -0.829 104.011 -1.035
201803 -8.599 105.290 -10.606
201806 -0.848 106.317 -1.036
201809 -0.805 106.507 -0.982
201812 2.285 105.998 2.799
201903 -5.358 107.251 -6.487
201906 13.150 108.070 15.801
201909 18.338 108.329 21.983
201912 4.360 108.420 5.222
202003 -29.032 108.902 -34.619
202006 -2.701 108.767 -3.225
202009 21.972 109.815 25.983
202012 5.515 109.897 6.517
202103 -15.360 111.754 -17.848
202106 6.217 114.631 7.043
202109 -7.808 115.734 -8.761
202112 19.879 117.630 21.946
202203 -22.919 121.301 -24.536
202206 23.951 125.017 24.879
202209 -18.421 125.227 -19.103
202212 -0.577 125.222 -0.598
202303 -18.491 127.348 -18.856
202306 17.150 128.729 17.301
202309 11.039 129.860 11.039

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.


AB Bank  (DHA:ABBANK) 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.


AB Bank Cyclically Adjusted Price-to-FCF Related Terms

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


AB Bank (DHA:ABBANK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
The Skymark, 18 Gulshan Avenue, Gulshan-1, Dhaka, BGD, 1212
AB Bank PLC, together with its subsidiaries, provides various financial products and services in Bangladesh and international markets. The company also provides personal, auto, education, and home loans. AB offers a wide range of depository and loan products to cater to virtually every customer segment. From Student Banking to Priority Banking AB approximately has all banking products in its stock. It also provides Small and Medium Enterprise (SME) credit, Women's Entrepreneur, Consumer Loans, Debit and Credit Cards (Local and International), ATMs, Internet and SMS Banking, Remittance Services, Treasury Products and Services, Structured Finance for Corporate, strengthening and expanding its Islamic Banking activities, Investment Banking.

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