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Malayan Banking Bhd (XKLS:1155) Cyclically Adjusted Price-to-FCF : (As of Jun. 04, 2024)


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What is Malayan Banking Bhd Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Malayan Banking Bhd Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Malayan Banking Bhd'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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Malayan Banking Bhd Cyclically Adjusted Price-to-FCF Chart

Malayan Banking Bhd 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 - - - 101.60 -

Malayan Banking Bhd 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 62.24 662.45 - - -

Competitive Comparison of Malayan Banking Bhd's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Malayan Banking Bhd'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.


Malayan Banking Bhd's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Malayan Banking Bhd's Cyclically Adjusted Price-to-FCF falls into.



Malayan Banking Bhd 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.

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

For example, Malayan Banking Bhd'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)
=0.631/131.7762*131.7762
=0.631

Current CPI (Mar. 2024) = 131.7762.

Malayan Banking Bhd Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.870 100.560 -1.140
201409 0.050 100.428 0.066
201412 -0.197 99.070 -0.262
201503 1.188 99.621 1.571
201506 -1.232 100.684 -1.612
201509 -1.280 100.392 -1.680
201512 0.005 99.792 0.007
201603 -0.060 100.470 -0.079
201606 1.419 101.688 1.839
201609 -0.640 101.861 -0.828
201612 -0.948 101.863 -1.226
201703 -0.967 102.862 -1.239
201706 1.590 103.349 2.027
201709 -0.416 104.136 -0.526
201712 -0.011 104.011 -0.014
201803 0.954 105.290 1.194
201806 -0.531 106.317 -0.658
201809 -1.634 106.507 -2.022
201812 2.104 105.998 2.616
201903 -1.222 107.251 -1.501
201906 -0.896 108.070 -1.093
201909 1.037 108.329 1.261
201912 0.108 108.420 0.131
202003 -0.945 108.902 -1.143
202006 1.389 108.767 1.683
202009 0.566 109.815 0.679
202012 -0.853 109.897 -1.023
202103 1.291 111.754 1.522
202106 0.650 114.631 0.747
202109 0.114 115.734 0.130
202112 -0.920 117.630 -1.031
202203 0.111 121.301 0.121
202206 0.544 125.017 0.573
202209 -0.237 125.227 -0.249
202212 0.269 125.222 0.283
202303 0.825 127.348 0.854
202306 -1.319 128.729 -1.350
202309 -0.169 129.860 -0.171
202312 0.737 129.419 0.750
202403 0.631 131.776 0.631

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.


Malayan Banking Bhd  (XKLS:1155) 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.


Malayan Banking Bhd Cyclically Adjusted Price-to-FCF Related Terms

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


Malayan Banking Bhd (XKLS:1155) Business Description

Industry
Traded in Other Exchanges
Address
100, Jalan Tun Perak, 14th Floor, Menara Maybank, Kuala Lumpur, SGR, MYS, 50050
Malayan Banking Bhd is a financial services group with a mostly regional presence in the Association of Southeast Asian Nations. The company's segment includes Group Community Financial Services; Group Corporate Banking and Global Markets; Group Investment Banking; Group Asset Management; Group Insurance and Takaful and Head Office and Others. It generates maximum revenue from the Group Community Financial Services segment.

Malayan Banking Bhd (XKLS:1155) Headlines

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