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SVB Financial Group (WBO:SIVB) Cyclically Adjusted Price-to-FCF : 8.17 (As of May. 15, 2024)


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What is SVB Financial Group Cyclically Adjusted Price-to-FCF?

As of today (2024-05-15), SVB Financial Group's current share price is €148.36. SVB Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2022 was €18.16. SVB Financial Group's Cyclically Adjusted Price-to-FCF for today is 8.17.

The historical rank and industry rank for SVB Financial Group's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

WBO:SIVB's Cyclically Adjusted Price-to-FCF is not ranked *
in the Banks industry.
Industry Median: 7.55
* Ranked among companies with meaningful Cyclically Adjusted Price-to-FCF only.

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.

SVB Financial Group's adjusted free cash flow per share data for the three months ended in Dec. 2022 was €15.019. 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 €18.16 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


SVB Financial Group Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SVB Financial Group'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.

SVB Financial Group Cyclically Adjusted Price-to-FCF Chart

SVB Financial Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.84 30.04 36.43 48.03 12.08

SVB Financial Group Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 48.03 36.89 22.75 19.03 12.08

Competitive Comparison of SVB Financial Group's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, SVB Financial Group'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.


SVB Financial Group's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where SVB Financial Group's Cyclically Adjusted Price-to-FCF falls into.



SVB Financial Group 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.

SVB Financial Group's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=148.36/18.16
=8.17

* 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.

SVB Financial Group's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2022 is calculated as:

For example, SVB Financial Group's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2022 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=15.019/125.2218*125.2218
=15.019

Current CPI (Dec. 2022) = 125.2218.

SVB Financial Group Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201303 -0.130 98.209 -0.166
201306 0.439 98.518 0.558
201309 0.945 98.790 1.198
201312 1.014 98.326 1.291
201403 0.681 99.695 0.855
201406 2.331 100.560 2.903
201409 0.116 100.428 0.145
201412 0.092 99.070 0.116
201503 0.735 99.621 0.924
201506 2.493 100.684 3.101
201509 0.520 100.392 0.649
201512 1.209 99.792 1.517
201603 0.731 100.470 0.911
201606 1.290 101.688 1.589
201609 2.003 101.861 2.462
201612 3.285 101.863 4.038
201703 1.782 102.862 2.169
201706 4.582 103.349 5.552
201709 1.737 104.136 2.089
201712 1.742 104.011 2.097
201803 5.147 105.290 6.121
201806 -0.130 106.317 -0.153
201809 5.446 106.507 6.403
201812 3.479 105.998 4.110
201903 5.586 107.251 6.522
201906 1.635 108.070 1.894
201909 4.271 108.329 4.937
201912 7.330 108.420 8.466
202003 2.492 108.902 2.865
202006 9.446 108.767 10.875
202009 4.787 109.815 5.459
202012 5.278 109.897 6.014
202103 3.165 111.754 3.546
202106 6.832 114.631 7.463
202109 5.970 115.734 6.459
202112 10.228 117.630 10.888
202203 4.982 121.301 5.143
202206 16.214 125.017 16.241
202209 6.055 125.227 6.055
202212 15.019 125.222 15.019

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.


SVB Financial Group  (WBO:SIVB) 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.


SVB Financial Group Cyclically Adjusted Price-to-FCF Related Terms

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


SVB Financial Group (WBO:SIVB) Business Description

Industry
Traded in Other Exchanges
Address
3003 Tasman Drive, Santa Clara, CA, USA, 95054-1191
SVB Financial Group provides loans and ancillary financial services to startups, private equity, and venture capital firms. The bank has four segments: Silicon Valley Bank, SVB Private, SVB Capital, and SVB Securities. In addition to providing loans to venture-capital-backed startups, the company invests in private equity and venture capital funds of funds. The bank operates throughout the United States and maintains offices in Canada, the United Kingdom, Israel, China, India, Germany, Denmark, and Ireland.

SVB Financial Group (WBO:SIVB) Headlines

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