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Bank of Shanghai Co (SHSE:601229) Cyclically Adjusted Price-to-FCF : 5.21 (As of May. 16, 2024)


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

As of today (2024-05-16), Bank of Shanghai Co's current share price is ¥7.66. Bank of Shanghai Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ¥1.47. Bank of Shanghai Co's Cyclically Adjusted Price-to-FCF for today is 5.21.

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

SHSE:601229' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.64   Med: 3.76   Max: 5.15
Current: 5.15

During the past years, Bank of Shanghai Co's highest Cyclically Adjusted Price-to-FCF was 5.15. The lowest was 2.64. And the median was 3.76.

SHSE:601229's Cyclically Adjusted Price-to-FCF is ranked better than
67.59% of 833 companies
in the Banks industry
Industry Median: 7.59 vs SHSE:601229: 5.15

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 Shanghai Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ¥0.461. 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 ¥1.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


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

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

Bank of Shanghai 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 4.21 3.89 4.25 3.55 4.08

Bank of Shanghai Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.65 3.79 4.90 4.08 4.56

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

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

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

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



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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=7.66/1.47
=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.

Bank of Shanghai Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bank of Shanghai Co's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.461/114.6694*114.6694
=0.461

Current CPI (Mar. 2024) = 114.6694.

Bank of Shanghai Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201312 0.000 97.624 0.000
201406 0.000 98.200 0.000
201412 0.000 99.000 0.000
201503 -3.701 99.900 -4.248
201506 6.078 99.500 7.005
201509 -0.561 100.500 -0.640
201512 3.157 100.600 3.599
201603 2.050 102.200 2.300
201606 3.302 101.400 3.734
201609 0.829 102.400 0.928
201612 4.860 102.600 5.432
201703 -1.677 103.200 -1.863
201706 -1.877 103.100 -2.088
201709 -1.049 104.100 -1.156
201712 1.785 104.500 1.959
201803 -5.784 105.300 -6.299
201806 0.118 104.900 0.129
201809 -0.225 106.600 -0.242
201812 3.475 106.500 3.742
201903 0.219 107.700 0.233
201906 3.348 107.700 3.565
201909 -4.515 109.800 -4.715
201912 0.249 111.200 0.257
202003 2.508 112.300 2.561
202006 2.494 110.400 2.590
202009 -4.027 111.700 -4.134
202012 -0.201 111.500 -0.207
202103 -0.973 112.662 -0.990
202106 3.151 111.769 3.233
202109 -1.565 112.215 -1.599
202112 -1.172 113.108 -1.188
202203 1.925 114.335 1.931
202206 0.444 114.558 0.444
202209 -1.867 115.339 -1.856
202212 0.856 115.116 0.853
202303 0.223 115.116 0.222
202306 -0.564 114.558 -0.565
202309 -1.982 115.339 -1.970
202312 2.214 114.669 2.214
202403 0.461 114.669 0.461

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 Shanghai Co  (SHSE:601229) 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 Shanghai Co Cyclically Adjusted Price-to-FCF Related Terms

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Bank of Shanghai Co (SHSE:601229) Business Description

Traded in Other Exchanges
N/A
Address
No. 168, Middle Yincheng Road, Pudong New District, Shanghai, CHN, 200120
Bank of Shanghai Co Ltd is a commercial banking company. It is primarily involved in providing banking and financial services such as Corporate banking, Retail banking, Treasury business and others. Geographically, the business presence of the firm is seen across the region of Shanghai, Yangtze River Delta, excluding Shanghai and others.

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