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Cullen/Frost Bankers (Cullen/Frost Bankers) Cyclically Adjusted Price-to-FCF : 13.03 (As of Apr. 27, 2024)


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What is Cullen/Frost Bankers Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Cullen/Frost Bankers's current share price is $107.08. Cullen/Frost Bankers's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $8.22. Cullen/Frost Bankers's Cyclically Adjusted Price-to-FCF for today is 13.03.

The historical rank and industry rank for Cullen/Frost Bankers's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

CFR' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 9.5   Med: 19.68   Max: 25.03
Current: 13.02

During the past years, Cullen/Frost Bankers's highest Cyclically Adjusted Price-to-FCF was 25.03. The lowest was 9.50. And the median was 19.68.

CFR's Cyclically Adjusted Price-to-FCF is ranked worse than
81.49% of 832 companies
in the Banks industry
Industry Median: 7.405 vs CFR: 13.02

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.

Cullen/Frost Bankers's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $6.995. 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 $8.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cullen/Frost Bankers Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Cullen/Frost Bankers'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.

Cullen/Frost Bankers Cyclically Adjusted Price-to-FCF Chart

Cullen/Frost Bankers 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 17.48 15.71 19.76 18.59 14.19

Cullen/Frost Bankers 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 13.84 13.65 11.41 14.19 13.69

Competitive Comparison of Cullen/Frost Bankers's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Cullen/Frost Bankers'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.


Cullen/Frost Bankers's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Cullen/Frost Bankers's Cyclically Adjusted Price-to-FCF falls into.



Cullen/Frost Bankers 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.

Cullen/Frost Bankers's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=107.08/8.22
=13.03

* 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.

Cullen/Frost Bankers's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Cullen/Frost Bankers'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)
=6.995/129.4194*129.4194
=6.995

Current CPI (Mar. 2024) = 129.4194.

Cullen/Frost Bankers Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 -0.060 100.560 -0.077
201409 0.606 100.428 0.781
201412 0.995 99.070 1.300
201503 0.047 99.621 0.061
201506 0.258 100.684 0.332
201509 3.478 100.392 4.484
201512 0.128 99.792 0.166
201603 1.980 100.470 2.551
201606 0.538 101.688 0.685
201609 2.311 101.861 2.936
201612 1.275 101.863 1.620
201703 1.905 102.862 2.397
201706 0.779 103.349 0.976
201709 2.442 104.136 3.035
201712 2.680 104.011 3.335
201803 2.999 105.290 3.686
201806 0.220 106.317 0.268
201809 3.006 106.507 3.653
201812 1.241 105.998 1.515
201903 1.600 107.251 1.931
201906 1.435 108.070 1.718
201909 3.540 108.329 4.229
201912 0.166 108.420 0.198
202003 3.445 108.902 4.094
202006 -0.991 108.767 -1.179
202009 3.787 109.815 4.463
202012 0.563 109.897 0.663
202103 3.243 111.754 3.756
202106 1.772 114.631 2.001
202109 3.042 115.734 3.402
202112 1.040 117.630 1.144
202203 4.971 121.301 5.304
202206 -0.829 125.017 -0.858
202209 3.368 125.227 3.481
202212 2.101 125.222 2.171
202303 1.891 127.348 1.922
202306 1.797 128.729 1.807
202309 3.203 129.860 3.192
202312 -1.921 129.419 -1.921
202403 6.995 129.419 6.995

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.


Cullen/Frost Bankers  (NYSE:CFR) 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.


Cullen/Frost Bankers Cyclically Adjusted Price-to-FCF Related Terms

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


Cullen/Frost Bankers (Cullen/Frost Bankers) Business Description

Traded in Other Exchanges
Address
111 W. Houston Street, San Antonio, TX, USA, 78205
Cullen/Frost Bankers is a financial holding company, headquartered in San Antonio. One of the 50 largest U.S. banks, Frost provides a wide range of banking, investments, and insurance services to businesses and individuals across Texas in the Austin, Corpus Christi, Dallas, Fort Worth, Houston, Permian Basin, Rio Grande Valley, and San Antonio regions.
Executives
Patrick B Frost director, other: Member Executive Committee 100 WEST HOUSTON ST, SAN ANTONIO TX 78205
Howard Willome John director 111 WEST HOUSTON STREET, SUITE 100, SAN ANTONIO TX 78205
Chris Avery director 510 POST OAK ROAD, FREDERICKSBURG TX 78624
Howard L. Kasanoff officer: GEVP Chief Credit Officer 111 WEST HOUSTON STREET, SUITE 100, SAN ANTONIO TX 78205
Bobby Berman officer: Group Executive Vice President 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Candace K Wolfshohl officer: Group Executive Vice President 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Phillip D Green officer: Group EVP / CFO 100 WEST HOUSTON ST, SAN ANTONIO TX 78205
Carol Jean Severyn officer: GEVP and Chief Risk Officer 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Paul Bracher officer: President 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Joseph A. Pierce director 111 WEST HOUSTON STREET, SUITE 100, SAN ANTONIO TX 78205
William L Perotti officer: Group Executive Vice President 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Jerry Salinas officer: Chief Financial Officer 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Anthony R Chase director 10307 PACIFIC CENTER COURT, SAN DIEGO CA 92121
Linda B. Rutherford director 2702 LOVE FIELD DRIVE, HDQ 4GC, DALLAS TX 75235
Annette M Alonzo officer: Group Executive Vice President 100 WEST HOUSTON STREET, SAN ANTONIO TX 78205

Cullen/Frost Bankers (Cullen/Frost Bankers) Headlines