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Ameris Bancorp (Ameris Bancorp) Cyclically Adjusted Price-to-FCF : 50.97 (As of Jun. 02, 2024)


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What is Ameris Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-06-02), Ameris Bancorp's current share price is $49.95. Ameris Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $0.98. Ameris Bancorp's Cyclically Adjusted Price-to-FCF for today is 50.97.

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

ABCB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 10.77   Med: 48.86   Max: 995
Current: 51.03

During the past years, Ameris Bancorp's highest Cyclically Adjusted Price-to-FCF was 995.00. The lowest was 10.77. And the median was 48.86.

ABCB's Cyclically Adjusted Price-to-FCF is ranked worse than
97.11% of 830 companies
in the Banks industry
Industry Median: 7.35 vs ABCB: 51.03

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.

Ameris Bancorp's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.219. 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 $0.98 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ameris Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Ameris 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.

Ameris Bancorp Cyclically Adjusted Price-to-FCF Chart

Ameris 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 - - - 168.79 52.97

Ameris Bancorp 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 117.33 60.25 54.06 52.97 49.42

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

For the Banks - Regional subindustry, Ameris 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.


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

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

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



Ameris 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=49.95/0.98
=50.97

* 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.

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

For example, Ameris Bancorp'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)
=0.219/131.7762*131.7762
=0.219

Current CPI (Mar. 2024) = 131.7762.

Ameris Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -1.138 100.560 -1.491
201409 -1.250 100.428 -1.640
201412 1.480 99.070 1.969
201503 0.302 99.621 0.399
201506 -1.019 100.684 -1.334
201509 -0.159 100.392 -0.209
201512 -0.268 99.792 -0.354
201603 0.319 100.470 0.418
201606 -0.952 101.688 -1.234
201609 -1.352 101.861 -1.749
201612 -0.289 101.863 -0.374
201703 0.334 102.862 0.428
201706 -2.207 103.349 -2.814
201709 -0.746 104.136 -0.944
201712 0.863 104.011 1.093
201803 1.238 105.290 1.549
201806 -2.667 106.317 -3.306
201809 -0.888 106.507 -1.099
201812 -0.377 105.998 -0.469
201903 1.225 107.251 1.505
201906 -0.715 108.070 -0.872
201909 -8.872 108.329 -10.792
201912 -5.137 108.420 -6.244
202003 4.279 108.902 5.178
202006 -4.805 108.767 -5.821
202009 5.779 109.815 6.935
202012 5.973 109.897 7.162
202103 -6.860 111.754 -8.089
202106 5.287 114.631 6.078
202109 -2.439 115.734 -2.777
202112 3.775 117.630 4.229
202203 5.123 121.301 5.565
202206 5.032 125.017 5.304
202209 4.988 125.227 5.249
202212 -0.037 125.222 -0.039
202303 1.853 127.348 1.917
202306 1.272 128.729 1.302
202309 1.857 129.860 1.884
202312 2.999 129.419 3.054
202403 0.219 131.776 0.219

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.


Ameris Bancorp  (NAS:ABCB) 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.


Ameris Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Ameris Bancorp (Ameris Bancorp) Business Description

Industry
Traded in Other Exchanges
Address
3490 Piedmont Road N.E., Suite 1550, Atlanta, GA, USA, 30305
Ameris Bancorp is a bank holding company that operates through Ameris Bank, its subsidiary. The company operates branches in Georgia, Alabama, Florida, and South Carolina. It offers traditional banking services such as business banking, personal banking, checking, savings, mobile banking, and others. The bank is organized into five segments: banking, retail mortgage, warehouse lending, SBA, and premium finance. The company generates most of its revenue from the banking division. Ameris intends to acquire banks in its geographic region to increase its market share and expand beyond its current market.
Executives
William Millard Choate director 3490 PIEDMONT ROAD, SUITE 1550, ATLANTA GA 30305
William D Mckendry officer: EVP & CRO PO BOX 3668, MOULTRIE GA 31776
James A Lahaise officer: Corporate Banking Executive C/O FLAG FINANCIAL CORPORATION, 3475 PIEDMONT ROAD, NE, ATLANTA GA 30305
Nicole S Stokes officer: EVP & Chief Financial Officer 3250 NORTH VALDOSTA ROAD, VALDOSTA GA 31602
Proctor H Palmer Jr director, officer: President & CEO
Bowen William I. Jr. director P.O. BOX 3668, MOULTRIE GA 31776
Jimmy D Veal director P.O. BOX 3668, MOULTRIE GA 31776
Jon S Edwards officer: EVP/CCO P.O. BOX 3668, MOULTRIE GA 31776
Elizabeth A Mccague director P.O. BOX 3668, MOULTRIE GA 31776
Ronal Todd Shutley officer: EVP, Chief Specialty Banking O P.O. BOX 3668, MOULTRIE GA 31776
Robert P Lynch director P.O. BOX 3668, MOULTRIE GA 31776
Michael T Pierson officer: EVP & Chief Operations Officer 3490 PIEDMONT ROAD, NE, SUITE 1550, ATLANTA GA 30305
Ross L Creasy officer: EVP & Chief Innovation Officer 3490 PIEDMONT ROAD, NE, SUITE 1550, ATLANTA GA 30305
Robert Dale Ezzell director P.O. BOX 3668, MOULTRIE GA 31776
Bassett Lawton E Iii officer: Banking Group President PO BOX 3668, MOULTRIE GA 31776