GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » First Guaranty Bancshares Inc (NAS:FGBI) » Definitions » Cyclically Adjusted Price-to-FCF

First Guaranty Bancshares (First Guaranty Bancshares) Cyclically Adjusted Price-to-FCF : 5.27 (As of Apr. 27, 2024)


View and export this data going back to 2001. Start your Free Trial

What is First Guaranty Bancshares Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), First Guaranty Bancshares's current share price is $10.375. First Guaranty Bancshares's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $1.97. First Guaranty Bancshares's Cyclically Adjusted Price-to-FCF for today is 5.27.

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

FGBI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.72   Med: 10.84   Max: 15.7
Current: 5.06

During the past years, First Guaranty Bancshares's highest Cyclically Adjusted Price-to-FCF was 15.70. The lowest was 4.72. And the median was 10.84.

FGBI's Cyclically Adjusted Price-to-FCF is ranked better than
68.51% of 832 companies
in the Banks industry
Industry Median: 7.405 vs FGBI: 5.06

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.

First Guaranty Bancshares's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $0.495. 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 $1.97 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


First Guaranty Bancshares Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for First Guaranty Bancshares'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.

First Guaranty Bancshares Cyclically Adjusted Price-to-FCF Chart

First Guaranty Bancshares 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 11.60 9.57 11.09 11.37 5.64

First Guaranty Bancshares 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 11.37 7.62 5.48 5.59 5.64

Competitive Comparison of First Guaranty Bancshares's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, First Guaranty Bancshares'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.


First Guaranty Bancshares's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where First Guaranty Bancshares's Cyclically Adjusted Price-to-FCF falls into.



First Guaranty Bancshares 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.

First Guaranty Bancshares's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=10.375/1.97
=5.27

* 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.

First Guaranty Bancshares's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, First Guaranty Bancshares'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)
=0.495/129.4194*129.4194
=0.495

Current CPI (Dec. 2023) = 129.4194.

First Guaranty Bancshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.735 99.695 0.954
201406 0.130 100.560 0.167
201409 0.553 100.428 0.713
201412 0.224 99.070 0.293
201503 0.596 99.621 0.774
201506 0.141 100.684 0.181
201509 0.121 100.392 0.156
201512 0.486 99.792 0.630
201603 0.634 100.470 0.817
201606 0.311 101.688 0.396
201609 0.482 101.861 0.612
201612 0.360 101.863 0.457
201703 0.062 102.862 0.078
201706 -0.014 103.349 -0.018
201709 0.345 104.136 0.429
201712 0.113 104.011 0.141
201803 0.676 105.290 0.831
201806 0.602 106.317 0.733
201809 0.422 106.507 0.513
201812 0.467 105.998 0.570
201903 0.420 107.251 0.507
201906 0.407 108.070 0.487
201909 0.430 108.329 0.514
201912 0.349 108.420 0.417
202003 0.183 108.902 0.217
202006 0.210 108.767 0.250
202009 0.545 109.815 0.642
202012 0.690 109.897 0.813
202103 0.414 111.754 0.479
202106 -0.802 114.631 -0.905
202109 1.032 115.734 1.154
202112 1.625 117.630 1.788
202203 0.727 121.301 0.776
202206 1.052 125.017 1.089
202209 1.175 125.227 1.214
202212 0.239 125.222 0.247
202303 0.272 127.348 0.276
202306 0.406 128.729 0.408
202309 -0.592 129.860 -0.590
202312 0.495 129.419 0.495

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.


First Guaranty Bancshares  (NAS:FGBI) 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.


First Guaranty Bancshares Cyclically Adjusted Price-to-FCF Related Terms

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


First Guaranty Bancshares (First Guaranty Bancshares) Business Description

Traded in Other Exchanges
Address
400 East Thomas Street, Hammond, LA, USA, 70401
First Guaranty Bancshares Inc provides personalized commercial banking services to its customers in Louisiana, through several banking facilities in the Market Services Areas. Its principal business activity includes attracting deposits and investing it together with funds generated from operations and borrowings insecurities and in lending activities to serve the credit needs of its customer base. The company offers commercial real estate loans, commercial and industrial loans, construction and land development loans, agricultural and farmland loans, and to a lesser extent, consumer and multifamily loans.
Executives
Vanessa R Drew director 400 EAST THOMAS STREET, HAMMOND LA 70401
Amanda Wood Barnett officer: General Counsel 1412 CENTRE COURT DRIVE, SUITE 101, ALEXANDRIA LA 71301
Smith Edgar R. Iii director 400 EAST THOMAS STREET, HAMMOND LA 70401
William K Hood director 400 EAST THOMAS STREET, HAMMOND LA 70401
Marshall T Reynolds director, 10 percent owner, officer: Chairman of the Board 2450 FIRST AVENUE, HUNTINGTON WV 25704
Smith & Hood Holding Company, Llc 10 percent owner 11239 HIGHWAY 16, AMITE LA 70422
Eric Dosch officer: SVP and CFO 2450 FIRST AVENUE, HUNTINGTON WV 25703
Jack Rossi director 400 EAST THOMAS STREET, HAMMOND LA 70401
Lewis Alton B Jr officer: Chief Executive Officer 400 EAST THOMAS STREET, HAMMOND LA 70401
Glenda Baskin Glover director 911 E. WINDING CREEK DRIVE, SUITE 150, EAGLE ID 83616
Smith & Hood Investments, Llc 10 percent owner P.O. BOX 367, AMITE LA 70422
Gary A Simanson director 717 KING STREET, ALEXANDRIA VA 22314
Michael R. Sharp officer: President and CLO 400 EAST THOMAS STREET, HAMMOND LA 70401
Michele E. Lobianco officer: Chief Financial Officer 400 EAST THOMAS STREET, HAMMOND LA 70401
Loy F. Weaver officer: Executive Vice President 400 EAST THOMAS STREET, HAMMOND LA 70401

First Guaranty Bancshares (First Guaranty Bancshares) Headlines