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Industrial Bank of Korea (XKRX:024110) Cyclically Adjusted Price-to-FCF : (As of Jun. 07, 2024)


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What is Industrial Bank of Korea Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Industrial Bank of Korea Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Industrial Bank of Korea'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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Industrial Bank of Korea Cyclically Adjusted Price-to-FCF Chart

Industrial Bank of Korea Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Industrial Bank of Korea 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 Industrial Bank of Korea's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Industrial Bank of Korea'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.


Industrial Bank of Korea's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Industrial Bank of Korea's Cyclically Adjusted Price-to-FCF falls into.



Industrial Bank of Korea 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.

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

For example, Industrial Bank of Korea'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)
=-11518.556/118.8477*118.8477
=-11,518.556

Current CPI (Mar. 2024) = 118.8477.

Industrial Bank of Korea Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 1,446.182 99.353 1,729.947
201409 -100.401 99.608 -119.794
201412 -818.951 99.098 -982.164
201503 -5,279.026 99.720 -6,291.618
201506 -369.586 100.050 -439.025
201509 -4,644.498 100.110 -5,513.814
201512 1,440.115 100.220 1,707.786
201603 -7,903.898 100.560 -9,341.290
201606 -720.685 100.790 -849.804
201609 -653.830 101.460 -765.880
201612 3,093.028 101.560 3,619.528
201703 -120.033 102.850 -138.703
201706 -1,005.018 102.610 -1,164.059
201709 281.877 103.490 323.707
201712 5,311.318 102.990 6,129.119
201803 -2,419.137 104.100 -2,761.853
201806 -7,052.367 104.130 -8,049.146
201809 -4,085.447 105.650 -4,595.797
201812 -1,539.000 104.350 -1,752.818
201903 -9,145.464 104.490 -10,402.118
201906 607.695 104.880 688.627
201909 -3,695.172 105.200 -4,174.550
201912 -3,930.092 105.120 -4,443.326
202003 1,712.807 105.540 1,928.777
202006 -5,952.434 104.870 -6,745.810
202009 -6,557.010 106.200 -7,337.905
202012 1,939.537 105.765 2,179.442
202103 -3,203.132 107.357 -3,545.965
202106 219.977 107.579 243.020
202109 787.251 108.759 860.276
202112 1,812.430 109.676 1,963.988
202203 -5,099.866 111.806 -5,421.072
202206 3,986.903 114.083 4,153.424
202209 -13,104.547 114.831 -13,562.899
202212 -3,722.979 115.200 -3,840.857
202303 -12,052.617 116.550 -12,290.268
202306 109.994 117.140 111.598
202309 -7,630.772 119.111 -7,613.891
202312 14,196.036 118.848 14,196.036
202403 -11,518.556 118.848 -11,518.556

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.


Industrial Bank of Korea  (XKRX:024110) 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.


Industrial Bank of Korea Cyclically Adjusted Price-to-FCF Related Terms

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Industrial Bank of Korea (XKRX:024110) Business Description

Traded in Other Exchanges
N/A
Address
50 Euljiro 2-Ga, Joong-Gu, Seoul, KOR, 100-758
Industrial Bank of Korea is a financial institution domiciled in Korea. The company principally earns revenue from interest income. The bank organises itself into seven segments: retail, corporate, money market, investment banking, credit card, foreign exchange, and others. Corporate banking operations represent more than half consolidated revenue, with retail banking operations the next most significant segment. The vast majority of revenue is derived domestically. The Republic of Korea is a majority shareholder in Industrial Bank of Korea.

Industrial Bank of Korea (XKRX:024110) Headlines

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