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Potomac Bancshares (Potomac Bancshares) Cyclically Adjusted Price-to-FCF : (As of Jun. 08, 2024)


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What is Potomac Bancshares Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Potomac Bancshares Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Potomac Bancshares'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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Potomac Bancshares Cyclically Adjusted Price-to-FCF Chart

Potomac Bancshares Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Cyclically Adjusted Price-to-FCF
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Potomac Bancshares Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Mar14 Jun14 Sep14 Mar15 Jun15 Sep15 Mar16 Jun16 Sep16 Mar17 Jun17 Sep17 Mar18 Jun18 Sep18
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Competitive Comparison of Potomac Bancshares's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Potomac Bancshares'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.


Potomac Bancshares's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Potomac Bancshares 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.

Potomac Bancshares's Cyclically Adjusted FCF per Share for the quarter that ended in Sep. 2018 is calculated as:

For example, Potomac Bancshares's adjusted Free Cash Flow per Share data for the three months ended in Sep. 2018 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Sep. 2018 (Change)*Current CPI (Sep. 2018)
=0/106.5067*106.5067
=0.000

Current CPI (Sep. 2018) = 106.5067.

Potomac Bancshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200603 -0.003 84.298 -0.004
200606 0.077 85.606 0.096
200609 0.211 85.606 0.263
200612 0.529 85.142 0.662
200703 0.573 86.640 0.704
200706 -0.186 87.906 -0.225
200709 -0.227 87.964 -0.275
200712 -1.793 88.616 -2.155
200803 -1.111 90.090 -1.313
200806 3.620 92.320 4.176
200809 0.089 92.307 0.103
200812 0.481 88.697 0.578
200903 -0.246 89.744 -0.292
200906 -0.111 91.003 -0.130
200909 0.208 91.120 0.243
200912 -0.002 91.111 -0.002
201003 0.017 91.821 0.020
201006 1.062 91.962 1.230
201009 -0.212 92.162 -0.245
201012 0.615 92.474 0.708
201103 0.306 94.283 0.346
201106 0.216 95.235 0.242
201109 0.381 95.727 0.424
201112 0.371 95.213 0.415
201203 -0.356 96.783 -0.392
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201603 0.000 100.470 0.000
201606 0.000 101.688 0.000
201609 0.000 101.861 0.000
201703 0.000 102.862 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201803 0.000 105.290 0.000
201806 0.000 106.317 0.000
201809 0.000 106.507 0.000

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.


Potomac Bancshares  (OTCPK:PTBS) 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.


Potomac Bancshares Cyclically Adjusted Price-to-FCF Related Terms

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


Potomac Bancshares (Potomac Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
111 East Washington Street, P.O. Box 906, Charles Town, WV, USA, 25414-0906
Potomac Bancshares Inc is a bank holding company. The bank engages in the general banking business and provides individuals, businesses, and local governments with a range of banking services. The services provided by the bank include commercial credit lines, equipment loans, and construction financing; real estate loans, secondary market, and adjustable-rate mortgages; retail loan products including home equity lines of credit; checking and savings accounts for businesses and individuals; and certificates of deposit and individual retirement accounts.