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


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What is United Bancshares Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


United Bancshares Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for United 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.

United Bancshares Cyclically Adjusted Price-to-FCF Chart

United 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 12.40 13.02 12.54 6.87 -

United Bancshares 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 - - - - -

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

For the Banks - Regional subindustry, United 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.


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

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

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



United 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.

United Bancshares's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, United Bancshares'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)
=0/129.4194*129.4194
=0.000

Current CPI (Mar. 2024) = 129.4194.

United Bancshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.433 100.560 0.557
201409 0.234 100.428 0.302
201412 0.325 99.070 0.425
201503 0.304 99.621 0.395
201506 0.906 100.684 1.165
201509 -0.030 100.392 -0.039
201512 0.790 99.792 1.025
201603 0.387 100.470 0.499
201606 0.012 101.688 0.015
201609 0.873 101.861 1.109
201612 0.008 101.863 0.010
201703 -0.068 102.862 -0.086
201706 -0.452 103.349 -0.566
201709 -0.507 104.136 -0.630
201712 1.541 104.011 1.917
201803 0.249 105.290 0.306
201806 -0.536 106.317 -0.652
201809 0.907 106.507 1.102
201812 0.794 105.998 0.969
201903 -0.580 107.251 -0.700
201906 1.026 108.070 1.229
201909 -1.308 108.329 -1.563
201912 1.730 108.420 2.065
202003 -0.455 108.902 -0.541
202006 -0.090 108.767 -0.107
202009 -2.867 109.815 -3.379
202012 7.876 109.897 9.275
202103 1.027 111.754 1.189
202106 1.168 114.631 1.319
202109 2.152 115.734 2.406
202112 2.362 117.630 2.599
202203 -0.541 121.301 -0.577
202206 1.539 125.017 1.593
202209 0.875 125.227 0.904
202212 2.199 125.222 2.273
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 0.000 129.419 0.000
202403 0.000 129.419 0.000

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.


United Bancshares  (OTCPK:UBOH) 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.


United Bancshares Cyclically Adjusted Price-to-FCF Related Terms

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


United Bancshares (United Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
105 Progressive Drive, Columbus Grove, OH, USA, 45830
United Bancshares Inc is a bank holding company. The company provides commercial and retail banking services. It offers a range of commercial banking services, including checking accounts, savings and money market accounts, online banking, wealth management services and treasury management services. The company also provides commercial, consumer, agricultural, residential mortgage and home equity loans; certificates of deposit, safe deposit box rentals, and other personalized banking services.
Executives
H Edward Rigel director, other: Director of Subsidiary 9725 ROAD B, LEIPSIC OH 45856
Brian D Young officer: CFO 100 S. HIGH STREET, COLUMBUS GROVE OH 45830
Norman V Schnipke officer: Sr Compliance Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Heather Marie Oatman officer: Secretary 100 SOUTH HIGH STREET, COLUMBUS GROVE OH 45830
Stacey L Clemens officer: Chief Risk Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Brent D Nussbaum officer: Chief Information Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Teresa M Deitering officer: Chief Credit Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Klint D Manz officer: Chief Lending Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Travis E Vulich officer: SVP of Mortgage Division 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
John Patrick Miller officer: Chief Lending Officer 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
Curtis E Shepherd officer: EVP of Retail Banking
Stacy A Cox officer: CFO 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830
David P Roach director 1211 HEDRICK, DELPHOS OH 45833
Daniel J Lucke officer: Interim CFO 100 S. HIGH STREET, COLUMBUS GROVE OH 45830
Herbert H Huffman director 105 PROGRESSIVE DRIVE, COLUMBUS GROVE OH 45830

United Bancshares (United Bancshares) Headlines