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Bangkok Bank PCL (BKK:BBL) Cyclically Adjusted Price-to-FCF : 2.73 (As of May. 24, 2024)


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What is Bangkok Bank PCL Cyclically Adjusted Price-to-FCF?

As of today (2024-05-24), Bangkok Bank PCL's current share price is ฿139.50. Bangkok Bank PCL's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ฿51.05. Bangkok Bank PCL's Cyclically Adjusted Price-to-FCF for today is 2.73.

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

BKK:BBL' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.65   Med: 55.65   Max: 157.96
Current: 2.72

During the past years, Bangkok Bank PCL's highest Cyclically Adjusted Price-to-FCF was 157.96. The lowest was 2.65. And the median was 55.65.

BKK:BBL's Cyclically Adjusted Price-to-FCF is ranked better than
83.61% of 836 companies
in the Banks industry
Industry Median: 7.43 vs BKK:BBL: 2.72

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.

Bangkok Bank PCL's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ฿27.279. 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 ฿51.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bangkok Bank PCL Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bangkok Bank PCL'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.

Bangkok Bank PCL Cyclically Adjusted Price-to-FCF Chart

Bangkok Bank PCL 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 83.62 5.48 - - -

Bangkok Bank PCL 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 3.90 - - - 2.72

Competitive Comparison of Bangkok Bank PCL's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Bangkok Bank PCL'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.


Bangkok Bank PCL's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Bangkok Bank PCL's Cyclically Adjusted Price-to-FCF falls into.



Bangkok Bank PCL 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.

Bangkok Bank PCL's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=139.50/51.05
=2.73

* 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.

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

For example, Bangkok Bank PCL'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)
=27.279/131.7762*131.7762
=27.279

Current CPI (Mar. 2024) = 131.7762.

Bangkok Bank PCL Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 17.336 100.560 22.718
201409 -24.822 100.428 -32.570
201412 18.426 99.070 24.509
201503 2.992 99.621 3.958
201506 -9.157 100.684 -11.985
201509 5.028 100.392 6.600
201512 76.828 99.792 101.452
201603 -11.350 100.470 -14.887
201606 -17.921 101.688 -23.224
201609 4.556 101.861 5.894
201612 24.497 101.863 31.691
201703 -18.757 102.862 -24.029
201706 -3.616 103.349 -4.611
201709 -10.447 104.136 -13.220
201712 70.193 104.011 88.931
201803 -33.929 105.290 -42.464
201806 37.303 106.317 46.236
201809 -9.741 106.507 -12.052
201812 -6.902 105.998 -8.581
201903 4.376 107.251 5.377
201906 6.263 108.070 7.637
201909 -3.707 108.329 -4.509
201912 21.607 108.420 26.262
202003 25.059 108.902 30.323
202006 41.414 108.767 50.175
202009 22.595 109.815 27.114
202012 23.121 109.897 27.724
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 27.417 127.348 28.370
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 0.000 129.419 0.000
202403 27.279 131.776 27.279

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.


Bangkok Bank PCL  (BKK:BBL) 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.


Bangkok Bank PCL Cyclically Adjusted Price-to-FCF Related Terms

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


Bangkok Bank PCL (BKK:BBL) Business Description

Industry
Traded in Other Exchanges
Address
333 Silom Road, Bangrak, Bangkok, THA, 10500
Bangkok Bank PCL is a Thai commercial bank with some international exposure to other Asian countries, the United Kingdom, and the United States. The bank's business units include corporate, commercial, business, consumer, international, and investment banking. Corporate banking services include loans, project finance, treasury, investment banking, trade finance, cash management, and securities. Nearly half of its loan portfolio is exposed to manufacturing and commercial businesses, followed by the utilities sector. The bank's strategy calls for increasingly leveraging its connection to other Asian countries, lending to high-growth sectors, and creating an omnichannel customer experience.

Bangkok Bank PCL (BKK:BBL) Headlines

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