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Bank Of Kaohsiung (TPE:2836) Cyclically Adjusted Price-to-FCF : (As of Jun. 10, 2024)


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What is Bank Of Kaohsiung Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bank Of Kaohsiung Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Bank Of Kaohsiung'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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Bank Of Kaohsiung Cyclically Adjusted Price-to-FCF Chart

Bank Of Kaohsiung Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Bank Of Kaohsiung Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Bank Of Kaohsiung's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Bank Of Kaohsiung'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.


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

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

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



Bank Of Kaohsiung 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.

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

For example, Bank Of Kaohsiung'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)
=-4.033/131.7762*131.7762
=-4.033

Current CPI (Mar. 2024) = 131.7762.

Bank Of Kaohsiung Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.029 100.560 0.038
201409 1.233 100.428 1.618
201412 -0.122 99.070 -0.162
201503 -1.721 99.621 -2.276
201506 -5.186 100.684 -6.787
201509 -0.956 100.392 -1.255
201512 5.492 99.792 7.252
201603 -13.509 100.470 -17.718
201606 -3.827 101.688 -4.959
201609 2.284 101.861 2.955
201612 -1.279 101.863 -1.655
201703 -0.618 102.862 -0.792
201706 -1.370 103.349 -1.747
201709 3.290 104.136 4.163
201712 4.903 104.011 6.212
201803 -1.580 105.290 -1.977
201806 1.386 106.317 1.718
201809 -3.736 106.507 -4.622
201812 -2.085 105.998 -2.592
201903 -2.400 107.251 -2.949
201906 0.603 108.070 0.735
201909 1.033 108.329 1.257
201912 0.316 108.420 0.384
202003 -3.005 108.902 -3.636
202006 2.445 108.767 2.962
202009 -1.934 109.815 -2.321
202012 -1.718 109.897 -2.060
202103 1.713 111.754 2.020
202106 0.049 114.631 0.056
202109 0.009 115.734 0.010
202112 0.918 117.630 1.028
202203 0.127 121.301 0.138
202206 0.216 125.017 0.228
202209 -0.406 125.227 -0.427
202212 1.294 125.222 1.362
202303 -0.284 127.348 -0.294
202306 -2.166 128.729 -2.217
202309 2.248 129.860 2.281
202312 3.636 129.419 3.702
202403 -4.033 131.776 -4.033

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.


Bank Of Kaohsiung  (TPE:2836) 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.


Bank Of Kaohsiung Cyclically Adjusted Price-to-FCF Related Terms

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Bank Of Kaohsiung (TPE:2836) Business Description

Industry
Traded in Other Exchanges
Address
168 Po Ai 2nd Road, Zuoying District, Kaohsiung, TWN
Bank Of Kaohsiung Ltd is engaged in providing banking services. Its operating segment includes DBU, OBU, and Finance Administration Department, and Others. It generates maximum revenue from the DBU segment. DBU segment is engaged in deposit-taking and underwriting of loans in the domestic market. OBU and Finance Administration Department segment is engaged in the investment and trading of securities and offshore deposits and loans, and the others segment is engaged in the public treasury, trust, life insurance, and property insurance businesses. Geographically, it derives a majority of its revenue from Taiwan and also has a presence in America, Australia, United Arab Emirates, Cayman, the Virgin Islands, and Other Countries.

Bank Of Kaohsiung (TPE:2836) Headlines

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