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Philippinevings Bank (PHS:PSB) Cyclically Adjusted Price-to-FCF : 3.28 (As of May. 27, 2024)


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What is Philippinevings Bank Cyclically Adjusted Price-to-FCF?

As of today (2024-05-27), Philippinevings Bank's current share price is ₱56.00. Philippinevings Bank's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₱17.09. Philippinevings Bank's Cyclically Adjusted Price-to-FCF for today is 3.28.

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

PHS:PSB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 1.59   Med: 2.63   Max: 49.77
Current: 3.28

During the past years, Philippinevings Bank's highest Cyclically Adjusted Price-to-FCF was 49.77. The lowest was 1.59. And the median was 2.63.

PHS:PSB's Cyclically Adjusted Price-to-FCF is ranked better than
79.06% of 831 companies
in the Banks industry
Industry Median: 7.36 vs PHS:PSB: 3.28

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.

Philippinevings Bank's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₱-20.879. 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 ₱17.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Philippinevings Bank Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Philippinevings Bank'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.

Philippinevings Bank Cyclically Adjusted Price-to-FCF Chart

Philippinevings Bank 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 16.10 7.39 1.77 1.63 2.67

Philippinevings Bank 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 1.81 2.47 2.57 2.67 3.21

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

For the Banks - Regional subindustry, Philippinevings Bank'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.


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

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

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



Philippinevings Bank 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.

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

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=56.00/17.09
=3.28

* 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.

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

For example, Philippinevings Bank'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)
=-20.879/131.7762*131.7762
=-20.879

Current CPI (Mar. 2024) = 131.7762.

Philippinevings Bank Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 0.000 99.792 0.000
201603 1.073 100.470 1.407
201606 1.284 101.688 1.664
201609 8.069 101.861 10.439
201612 29.210 101.863 37.788
201703 21.450 102.862 27.479
201706 31.111 103.349 39.668
201709 -16.804 104.136 -21.264
201712 15.575 104.011 19.733
201803 -12.728 105.290 -15.930
201806 47.499 106.317 58.873
201809 -27.050 106.507 -33.468
201812 1.334 105.998 1.658
201903 -50.984 107.251 -62.643
201906 -10.859 108.070 -13.241
201909 -8.277 108.329 -10.068
201912 -24.203 108.420 -29.417
202003 13.540 108.902 16.384
202006 8.951 108.767 10.845
202009 -21.947 109.815 -26.336
202012 28.670 109.897 34.378
202103 41.520 111.754 48.959
202106 119.919 114.631 137.855
202109 -15.593 115.734 -17.754
202112 38.044 117.630 42.619
202203 6.156 121.301 6.688
202206 8.413 125.017 8.868
202209 -41.979 125.227 -44.175
202212 22.713 125.222 23.902
202303 -17.654 127.348 -18.268
202306 -61.291 128.729 -62.742
202309 -7.805 129.860 -7.920
202312 -4.042 129.419 -4.116
202403 -20.879 131.776 -20.879

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.


Philippinevings Bank  (PHS:PSB) 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.


Philippinevings Bank Cyclically Adjusted Price-to-FCF Related Terms

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


Philippinevings Bank (PHS:PSB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
777 Paseo de Roxas Avenue corner Sedeno Street, PSBank Center, Makati City, PHL, 1226
Philippine Savings Bank is a consumer banking company. Its services can be summed up as deposits, loans, treasury, and trust functions offered to the consumer and commercial market. The company structures its business into segments, such as Consumer Banking, Corporate Banking, Branch Banking, and Treasury. The consumer and corporate banking segments cater to the consumer and corporate customers respectively. The branch banking segment integrates the services provided by the consumer and corporate banking segments. Under the treasury banking segment, the company handles the money market and trading activities.

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