GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Raiffeisen Bank International AG (WBO:RBI) » Definitions » Cyclically Adjusted Price-to-FCF

Raiffeisen Bank International AG (WBO:RBI) Cyclically Adjusted Price-to-FCF : 0.88 (As of Apr. 29, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Raiffeisen Bank International AG Cyclically Adjusted Price-to-FCF?

As of today (2024-04-29), Raiffeisen Bank International AG's current share price is €18.25. Raiffeisen Bank International AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €20.69. Raiffeisen Bank International AG's Cyclically Adjusted Price-to-FCF for today is 0.88.

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

WBO:RBI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 0.57   Med: 1.78   Max: 37.9
Current: 0.88

During the past years, Raiffeisen Bank International AG's highest Cyclically Adjusted Price-to-FCF was 37.90. The lowest was 0.57. And the median was 1.78.

WBO:RBI's Cyclically Adjusted Price-to-FCF is ranked better than
94.75% of 838 companies
in the Banks industry
Industry Median: 7.415 vs WBO:RBI: 0.88

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.

Raiffeisen Bank International AG's adjusted free cash flow per share data for the three months ended in Dec. 2023 was €-3.768. 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 €20.69 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Raiffeisen Bank International AG Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Raiffeisen Bank International AG'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.

Raiffeisen Bank International AG Cyclically Adjusted Price-to-FCF Chart

Raiffeisen Bank International AG 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 4.24 1.78 2.36 0.73 0.90

Raiffeisen Bank International AG 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 0.73 0.63 0.65 0.64 0.90

Competitive Comparison of Raiffeisen Bank International AG's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Raiffeisen Bank International AG'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.


Raiffeisen Bank International AG's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Raiffeisen Bank International AG 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.

Raiffeisen Bank International AG's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=18.25/20.69
=0.88

* 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.

Raiffeisen Bank International AG's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Raiffeisen Bank International AG'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)
=-3.768/132.0288*132.0288
=-3.768

Current CPI (Dec. 2023) = 132.0288.

Raiffeisen Bank International AG Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -16.535 99.044 -22.042
201406 13.802 99.496 18.315
201409 4.398 99.586 5.831
201412 20.381 99.676 26.996
201503 -7.623 99.992 -10.065
201506 10.393 100.492 13.655
201509 5.338 100.292 7.027
201512 9.044 100.692 11.859
201603 -17.534 100.692 -22.991
201606 5.173 101.092 6.756
201609 2.930 101.192 3.823
201612 5.497 102.092 7.109
201703 0.646 102.592 0.831
201706 2.055 102.991 2.634
201709 -8.367 103.591 -10.664
201712 -11.407 104.291 -14.441
201803 9.185 104.491 11.606
201806 7.626 105.091 9.581
201809 -0.767 105.691 -0.958
201812 6.008 106.291 7.463
201903 7.046 106.391 8.744
201906 0.407 106.791 0.503
201909 -6.942 106.991 -8.567
201912 11.529 108.091 14.082
202003 12.878 108.024 15.740
202006 18.033 107.915 22.062
202009 11.511 108.348 14.027
202012 0.779 109.321 0.941
202103 20.660 110.186 24.756
202106 4.602 110.943 5.477
202109 5.559 111.916 6.558
202112 -8.526 113.971 -9.877
202203 7.772 117.647 8.722
202206 39.949 120.567 43.747
202209 12.347 123.811 13.167
202212 2.243 125.541 2.359
202303 -1.152 128.461 -1.184
202306 -2.387 130.191 -2.421
202309 -0.491 131.272 -0.494
202312 -3.768 132.029 -3.768

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.


Raiffeisen Bank International AG  (WBO:RBI) 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.


Raiffeisen Bank International AG Cyclically Adjusted Price-to-FCF Related Terms

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


Raiffeisen Bank International AG (WBO:RBI) Business Description

Address
Am Stadtpark 9, Vienna, AUT, 1030
Raiffeisen Bank International AG part of Raiffeisen Banking Group is the largest banking group in Austria in terms of total assets. RBG makes up one-fourth of the Austrian banking sector. Raiffeisen Bank regards Austria and Central and Western Europe as its home markets, and The company operates in three main geographical segments: Central Europe (the Czech Republic, Hungary, Poland, Slovakia, and Slovenia), Southeastern Europe (Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Kosovo, Romania, and Serbia), and Eastern Europe (Belarus, Russia, and Ukraine).
Executives
Mag. Peter Anzeletti-reikl Supervisory Board

Raiffeisen Bank International AG (WBO:RBI) Headlines

No Headlines