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Clifton Bancorp (Clifton Bancorp) Cyclically Adjusted Price-to-FCF : (As of May. 05, 2024)


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

Shiller PE for Stocks: The True Measure of Stock Valuation


Clifton Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Clifton 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.

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Clifton Bancorp Cyclically Adjusted Price-to-FCF Chart

Clifton Bancorp Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Cyclically Adjusted Price-to-FCF
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Clifton Bancorp Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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Competitive Comparison of Clifton Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Clifton 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.


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

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

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



Clifton 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.

Clifton Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2017 is calculated as:

For example, Clifton Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2017 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2017 (Change)*Current CPI (Dec. 2017)
=0.161/104.0111*104.0111
=0.161

Current CPI (Dec. 2017) = 104.0111.

Clifton Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200803 0.048 90.090 0.055
200806 0.095 92.320 0.107
200809 0.046 92.307 0.052
200812 0.073 88.697 0.086
200903 0.065 89.744 0.075
200906 0.043 91.003 0.049
200909 0.040 91.120 0.046
200912 0.022 91.111 0.025
201003 0.091 91.821 0.103
201006 0.049 91.962 0.055
201009 0.459 92.162 0.518
201012 -0.327 92.474 -0.368
201103 0.024 94.283 0.026
201106 0.056 95.235 0.061
201109 0.092 95.727 0.100
201112 0.110 95.213 0.120
201203 0.034 96.783 0.037
201206 0.071 96.819 0.076
201209 0.089 97.633 0.095
201212 0.082 96.871 0.088
201303 -0.282 98.209 -0.299
201306 0.097 98.518 0.102
201309 0.054 98.790 0.057
201312 0.037 98.326 0.039
201403 0.070 99.695 0.073
201406 0.122 100.560 0.126
201409 0.034 100.428 0.035
201412 0.101 99.070 0.106
201503 0.105 99.621 0.110
201506 0.029 100.684 0.030
201509 0.135 100.392 0.140
201512 0.084 99.792 0.088
201603 0.065 100.470 0.067
201606 0.090 101.688 0.092
201609 0.099 101.861 0.101
201612 0.086 101.863 0.088
201703 0.189 102.862 0.191
201706 0.047 103.349 0.047
201709 0.073 104.136 0.073
201712 0.161 104.011 0.161

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.


Clifton Bancorp  (NAS:CSBK) 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.


Clifton Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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Clifton Bancorp (Clifton Bancorp) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Clifton Bancorp Inc is a savings and loan holding company. It operates as a community-oriented financial institution offering traditional financial services to consumers and businesses in its market area.
Executives
Michael Lesler officer: EVP & Chief Operating Officer 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07015
Charles J Pivirotto director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004
Paul M Aguggia director, officer: Chairman, President & CEO 1433 VAN HOUTEN AVENUE, CLIFTON NJ 07013
Cynthia Sisco director C/O KEARNY FINANCIAL CORP., 120 PASSAIC AVENUE, FAIRFIELD NJ 07004