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Philippine Bank of Communications (PHS:PBC) Cyclically Adjusted Price-to-FCF : 4.83 (As of Jun. 09, 2024)


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What is Philippine Bank of Communications Cyclically Adjusted Price-to-FCF?

As of today (2024-06-09), Philippine Bank of Communications's current share price is ₱14.44. Philippine Bank of Communications's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱2.99. Philippine Bank of Communications's Cyclically Adjusted Price-to-FCF for today is 4.83.

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

PHS:PBC' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 2.73   Med: 4.95   Max: 25.73
Current: 4.83

During the past years, Philippine Bank of Communications's highest Cyclically Adjusted Price-to-FCF was 25.73. The lowest was 2.73. And the median was 4.95.

PHS:PBC's Cyclically Adjusted Price-to-FCF is ranked better than
69.36% of 829 companies
in the Banks industry
Industry Median: 7.33 vs PHS:PBC: 4.83

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.

Philippine Bank of Communications's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₱-10.026. 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 ₱2.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Philippine Bank of Communications Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Philippine Bank of Communications'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.

Philippine Bank of Communications Cyclically Adjusted Price-to-FCF Chart

Philippine Bank of Communications 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 16.59 4.53 4.28 2.73 4.56

Philippine Bank of Communications 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 3.89 4.34 4.11 4.56 5.84

Competitive Comparison of Philippine Bank of Communications's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Philippine Bank of Communications'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.


Philippine Bank of Communications's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Philippine Bank of Communications's Cyclically Adjusted Price-to-FCF falls into.



Philippine Bank of Communications 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.

Philippine Bank of Communications's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=14.44/2.99
=4.83

* 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.

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

For example, Philippine Bank of Communications'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)
=-10.026/131.7762*131.7762
=-10.026

Current CPI (Mar. 2024) = 131.7762.

Philippine Bank of Communications Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 2.695 100.560 3.532
201409 6.171 100.428 8.097
201412 2.859 99.070 3.803
201503 5.894 99.621 7.796
201506 -8.802 100.684 -11.520
201509 0.915 100.392 1.201
201512 -6.507 99.792 -8.593
201603 -3.467 100.470 -4.547
201606 3.311 101.688 4.291
201609 0.871 101.861 1.127
201612 -9.392 101.863 -12.150
201703 -2.836 102.862 -3.633
201706 -4.342 103.349 -5.536
201709 1.813 104.136 2.294
201712 2.536 104.011 3.213
201803 9.965 105.290 12.472
201806 -5.176 106.317 -6.415
201809 -8.673 106.507 -10.731
201812 1.028 105.998 1.278
201903 5.848 107.251 7.185
201906 1.701 108.070 2.074
201909 0.412 108.329 0.501
201912 -6.034 108.420 -7.334
202003 10.360 108.902 12.536
202006 7.776 108.767 9.421
202009 11.822 109.815 14.186
202012 -1.706 109.897 -2.046
202103 -4.266 111.754 -5.030
202106 -5.871 114.631 -6.749
202109 0.538 115.734 0.613
202112 7.546 117.630 8.454
202203 11.005 121.301 11.955
202206 -16.793 125.017 -17.701
202209 -8.362 125.227 -8.799
202212 21.355 125.222 22.473
202303 2.394 127.348 2.477
202306 -6.512 128.729 -6.666
202309 15.644 129.860 15.875
202312 0.533 129.419 0.543
202403 -10.026 131.776 -10.026

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.


Philippine Bank of Communications  (PHS:PBC) 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.


Philippine Bank of Communications Cyclically Adjusted Price-to-FCF Related Terms

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


Philippine Bank of Communications (PHS:PBC) Business Description

Traded in Other Exchanges
N/A
Address
6795 Ayala Avenue corner V.A. Rufino Street, PBCom Tower, P.O. Box 3281, Makati City, PHL, 1226
Philippine Bank of Communications is a banking corporation registered in the Philippines. It is engaged in providing retail and commercial banking services such as savings, deposits, current accounts, cash management, checking, time deposit account, and debit cards. It also offers consumer loans such as home loans, auto loans, and personal loans as well as investment services and wealth management, SME (small-medium enterprises) loans, and corporate loans. It organizes its business into five segments namely Branch Banking, Corporate Banking, Treasury, Consumer Finance, and Trust and Wealth management. The company's revenue consists of interest income, dividends, fees, and commissions.

Philippine Bank of Communications (PHS:PBC) Headlines

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