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SBI Holdings (TSE:8473) Cyclically Adjusted Price-to-FCF : 8.14 (As of Jun. 04, 2024)


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What is SBI Holdings Cyclically Adjusted Price-to-FCF?

As of today (2024-06-04), SBI Holdings's current share price is 円4135.00. SBI Holdings's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was 円508.08. SBI Holdings's Cyclically Adjusted Price-to-FCF for today is 8.14.

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

TSE:8473' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 7.17   Med: 14.93   Max: 157.71
Current: 7.99

During the past years, SBI Holdings's highest Cyclically Adjusted Price-to-FCF was 157.71. The lowest was 7.17. And the median was 14.93.

TSE:8473's Cyclically Adjusted Price-to-FCF is ranked better than
59.09% of 22 companies
in the Diversified Financial Services industry
Industry Median: 9.04 vs TSE:8473: 7.99

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.

SBI Holdings's adjusted free cash flow per share data for the three months ended in Mar. 2024 was 円1,998.587. 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 円508.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SBI Holdings Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for SBI Holdings'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.

SBI Holdings Cyclically Adjusted Price-to-FCF Chart

SBI Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 30.60 7.76

SBI Holdings 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 30.60 - 47.03 11.98 7.76

Competitive Comparison of SBI Holdings's Cyclically Adjusted Price-to-FCF

For the Financial Conglomerates subindustry, SBI Holdings'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.


SBI Holdings's Cyclically Adjusted Price-to-FCF Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, SBI Holdings's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

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



SBI Holdings 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.

SBI Holdings's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=4135.00/508.08
=8.14

* 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.

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

For example, SBI Holdings'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)
=1998.587/107.2000*107.2000
=1,998.587

Current CPI (Mar. 2024) = 107.2000.

SBI Holdings Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 6.851 98.000 7.494
201409 -102.630 98.500 -111.695
201412 383.259 97.900 419.667
201503 -480.974 97.900 -526.664
201506 143.257 98.400 156.069
201509 -433.983 98.500 -472.314
201512 247.906 98.100 270.902
201603 150.551 97.900 164.853
201606 -109.838 98.100 -120.027
201609 295.176 98.000 322.886
201612 -90.920 98.400 -99.051
201703 -203.400 98.100 -222.268
201706 -31.978 98.500 -34.802
201709 147.861 98.800 160.432
201712 -103.856 99.400 -112.006
201803 -163.036 99.200 -176.184
201806 -81.674 99.200 -88.261
201809 542.785 99.900 582.448
201812 -755.531 99.700 -812.366
201903 3.641 99.700 3.915
201906 -257.947 99.800 -277.073
201909 674.542 100.100 722.387
201912 -446.372 100.500 -476.130
202003 78.710 100.300 84.125
202006 -124.531 99.900 -133.631
202009 -275.592 99.900 -295.730
202012 -123.462 99.300 -133.284
202103 -178.566 99.900 -191.614
202106 -728.638 99.500 -785.025
202109 957.926 100.100 1,025.871
202112 -348.662 100.100 -373.392
202203 -1,061.718 101.100 -1,125.778
202206 1,142.698 101.800 1,203.313
202209 4,165.425 103.100 4,331.072
202212 -332.593 104.100 -342.497
202303 -1,783.843 104.400 -1,831.686
202306 -660.033 105.200 -672.581
202309 685.728 106.200 692.185
202312 2,339.894 106.800 2,348.658
202403 1,998.587 107.200 1,998.587

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.


SBI Holdings  (TSE:8473) 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.


SBI Holdings Cyclically Adjusted Price-to-FCF Related Terms

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


SBI Holdings (TSE:8473) Business Description

Traded in Other Exchanges
Address
1-6-1, Roppongi, Minato-ku, Tokyo, JPN, 106-6019
SBI Holdings Inc is a financial conglomerate that offers a variety of services in securities, banking, and insurance. Operations are divided into financial services, asset management, and biotechnology-related business. Many of the traditional financial offerings fall under the financial services arm and include housing loans and foreign exchange margin trading in addition to the primary banking and insurance businesses. Under the asset management business, the group invests in Japanese and international venture companies that operate in IT, biotechnology, environment/energy, and finance. Aside from financial services, cosmetics, health foods, and drugs are developed by subsidiaries in the biotech-related business.

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