GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Patriot National Bancorp Inc (NAS:PNBK) » Definitions » Cyclically Adjusted Price-to-FCF

Patriot National Bancorp (Patriot National Bancorp) Cyclically Adjusted Price-to-FCF : 5.21 (As of Apr. 27, 2024)


View and export this data going back to 1994. Start your Free Trial

What is Patriot National Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Patriot National Bancorp's current share price is $3.385. Patriot National Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $0.65. Patriot National Bancorp's Cyclically Adjusted Price-to-FCF for today is 5.21.

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

PNBK' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 5.21   Med: 21.21   Max: 760.55
Current: 5.21

During the past years, Patriot National Bancorp's highest Cyclically Adjusted Price-to-FCF was 760.55. The lowest was 5.21. And the median was 21.21.

PNBK's Cyclically Adjusted Price-to-FCF is ranked better than
63.06% of 831 companies
in the Banks industry
Industry Median: 7.47 vs PNBK: 5.21

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.

Patriot National Bancorp's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $-0.046. 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 $0.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Patriot National Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Patriot National Bancorp'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.

Patriot National Bancorp Cyclically Adjusted Price-to-FCF Chart

Patriot National Bancorp 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 - - 95.30 22.81 5.90

Patriot National Bancorp 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 22.81 12.49 6.57 14.45 5.90

Competitive Comparison of Patriot National Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Patriot National 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.


Patriot National Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Patriot National Bancorp 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.

Patriot National Bancorp's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=3.385/0.65
=5.21

* 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.

Patriot National Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Patriot National 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)
=-0.046/129.4194*129.4194
=-0.046

Current CPI (Dec. 2023) = 129.4194.

Patriot National Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.040 99.695 0.052
201406 -1.003 100.560 -1.291
201409 0.039 100.428 0.050
201412 4.579 99.070 5.982
201503 0.034 99.621 0.044
201506 0.115 100.684 0.148
201509 -0.846 100.392 -1.091
201512 0.530 99.792 0.687
201603 0.089 100.470 0.115
201606 0.284 101.688 0.361
201609 0.053 101.861 0.067
201612 -0.177 101.863 -0.225
201703 -0.113 102.862 -0.142
201706 -0.029 103.349 -0.036
201709 0.584 104.136 0.726
201712 0.643 104.011 0.800
201803 0.267 105.290 0.328
201806 0.583 106.317 0.710
201809 0.216 106.507 0.262
201812 -0.011 105.998 -0.013
201903 0.109 107.251 0.132
201906 -0.978 108.070 -1.171
201909 0.370 108.329 0.442
201912 -2.677 108.420 -3.195
202003 -1.098 108.902 -1.305
202006 -0.033 108.767 -0.039
202009 0.898 109.815 1.058
202012 1.809 109.897 2.130
202103 -0.257 111.754 -0.298
202106 0.333 114.631 0.376
202109 0.794 115.734 0.888
202112 0.944 117.630 1.039
202203 -1.112 121.301 -1.186
202206 0.479 125.017 0.496
202209 0.456 125.227 0.471
202212 1.851 125.222 1.913
202303 -0.078 127.348 -0.079
202306 0.978 128.729 0.983
202309 -3.660 129.860 -3.648
202312 -0.046 129.419 -0.046

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.


Patriot National Bancorp  (NAS:PNBK) 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.


Patriot National Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Patriot National Bancorp (Patriot National Bancorp) Business Description

Traded in Other Exchanges
Address
900 Bedford Street, Stamford, CT, USA, 06901
Patriot National Bancorp Inc is the holding company for Patriot Bank NA, that provides consumer and commercial banking services to individuals, small and medium-sized businesses, professionals, and municipalities in Fairfield and New Haven Counties in Connecticut and Westchester County, New York. Its products include checking accounts, savings accounts, money market accounts, time certificates of deposit, and individual retirement accounts. The Bank's lending portfolio is comprised of commercial mortgage and construction loans, commercial loans, home improvement loans, home equity lines of credit, and other personal loans. In addition, the Bank offers bank checks, money orders, automated teller machines, interactive teller machines, online and mobile banking, credit cards, and debit cards.
Executives
Grace Doherty director 125 THACHER ST., MILTON MA 02186
Thomas E. Slater officer: EVP & Chief Credit Officer 2 DIXON TERRACE, KINNELON NJ 07405
Alfred Jr. Botta officer: EVP & Chief Payment Officer C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
David Christopher Lowery officer: EVP & Chief Lending Officer C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
Karen Rojeski officer: EVP & Chief Credit Officer 99 PARK AVENUE, NEW YORK NY 10016
Steven Brian Grunblatt officer: EVP & Chief Information Office C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
Gregory P. Ho other: (1) and (2) C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Smc Holdings I G.p., Llc other: (1) and (2) C/O SPRING MOUNTAIN CAPITAL, LP, 650 MADISON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Smc Holdings I, Lp 10 percent owner, other: (1) and (2) 65 EAST 55TH STREET, 33RD FLOOR, NEW YORK NY 10022
John Steffens other: (1) and (2) C/O DIGITALBRIDGE GROUP, INC., 750 PARK OF COMMERCE DRIVE SUITE 210, BOCCA RATON FL 33487
Robert Glenn Russell officer: President & CEO 1902 LONG HILL ROAD, MILLINGTON NJ 07946
Frederick Staudmyer officer: EVP and Chief HR Officer C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
Brent M Ciurlino director C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901
David W Christiansen officer: EVP, Chief Credit Officer 900 BEDFORD STREET, STAMFORD CT 06901
Samuel S Davis officer: EVP and Chief Credit Officer C/O PATRIOT NATIONAL BANCORP, INC., 900 BEDFORD STREET, STAMFORD CT 06901