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Prime Meridian Holding Co (Prime Meridian Holding Co) Cyclically Adjusted Price-to-FCF : 14.72 (As of May. 26, 2024)


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What is Prime Meridian Holding Co Cyclically Adjusted Price-to-FCF?

As of today (2024-05-26), Prime Meridian Holding Co's current share price is $22.67. Prime Meridian Holding Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $1.54. Prime Meridian Holding Co's Cyclically Adjusted Price-to-FCF for today is 14.72.

The historical rank and industry rank for Prime Meridian Holding Co's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

PMHG' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 13.8   Med: 16.28   Max: 19.74
Current: 14.63

During the past years, Prime Meridian Holding Co's highest Cyclically Adjusted Price-to-FCF was 19.74. The lowest was 13.80. And the median was 16.28.

PMHG's Cyclically Adjusted Price-to-FCF is ranked worse than
84.39% of 833 companies
in the Banks industry
Industry Median: 7.38 vs PMHG: 14.63

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.

Prime Meridian Holding Co's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.557. 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 $1.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Prime Meridian Holding Co Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Prime Meridian Holding Co'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.

Prime Meridian Holding Co Cyclically Adjusted Price-to-FCF Chart

Prime Meridian Holding Co 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 - - - - 15.69

Prime Meridian Holding Co 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 19.29 17.03 15.73 15.69 13.99

Competitive Comparison of Prime Meridian Holding Co's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Prime Meridian Holding Co'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.


Prime Meridian Holding Co's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Prime Meridian Holding Co's Cyclically Adjusted Price-to-FCF falls into.



Prime Meridian Holding Co 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.

Prime Meridian Holding Co's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=22.67/1.54
=14.72

* 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.

Prime Meridian Holding Co's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Prime Meridian Holding Co'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)
=0.557/131.7762*131.7762
=0.557

Current CPI (Mar. 2024) = 131.7762.

Prime Meridian Holding Co Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.556 100.560 -0.729
201409 0.411 100.428 0.539
201412 -0.063 99.070 -0.084
201503 1.154 99.621 1.526
201506 -0.581 100.684 -0.760
201509 -0.083 100.392 -0.109
201512 0.002 99.792 0.003
201603 0.541 100.470 0.710
201606 -0.600 101.688 -0.778
201609 0.868 101.861 1.123
201612 0.053 101.863 0.069
201703 0.578 102.862 0.740
201706 -0.112 103.349 -0.143
201709 -0.887 104.136 -1.122
201712 0.970 104.011 1.229
201803 0.256 105.290 0.320
201806 -0.157 106.317 -0.195
201809 0.000 106.507 0.000
201812 0.000 105.998 0.000
201903 -0.907 107.251 -1.114
201906 0.000 108.070 0.000
201909 0.000 108.329 0.000
201912 0.000 108.420 0.000
202003 -0.273 108.902 -0.330
202006 1.268 108.767 1.536
202009 -2.354 109.815 -2.825
202012 1.027 109.897 1.231
202103 1.032 111.754 1.217
202106 -0.085 114.631 -0.098
202109 1.828 115.734 2.081
202112 0.096 117.630 0.108
202203 0.816 121.301 0.886
202206 0.178 125.017 0.188
202209 1.818 125.227 1.913
202212 2.464 125.222 2.593
202303 -0.263 127.348 -0.272
202306 0.997 128.729 1.021
202309 1.325 129.860 1.345
202312 1.117 129.419 1.137
202403 0.557 131.776 0.557

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.


Prime Meridian Holding Co  (OTCPK:PMHG) 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.


Prime Meridian Holding Co Cyclically Adjusted Price-to-FCF Related Terms

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Prime Meridian Holding Co (Prime Meridian Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
1471 Timberlane Road, Tallahassee, FL, USA, 32312
Prime Meridian Holding Co is a bank holding company. Its services portfolio includes mobile banking, mobile deposit, Apple Pay, Bank-to-Bank transfers, online banking, demand interest-bearing, and non-interest-bearing accounts, and savings accounts, among others. It also offers commercial real estate loans, residential and home equity loans, construction loans, commercial loans, and consumer and other loans. The majority of revenues are derived from interest income and fees on loans, interest, and dividends from investment securities, and service charge income generated from demand accounts, ATM fees, and other services.