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Fifth Third Bancorp (Fifth Third Bancorp) Cyclically Adjusted Price-to-FCF : 9.89 (As of Apr. 27, 2024)


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What is Fifth Third Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-04-27), Fifth Third Bancorp's current share price is $36.90. Fifth Third Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was $3.73. Fifth Third Bancorp's Cyclically Adjusted Price-to-FCF for today is 9.89.

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

FITB' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 4.14   Med: 8.67   Max: 18.14
Current: 9.89

During the past years, Fifth Third Bancorp's highest Cyclically Adjusted Price-to-FCF was 18.14. The lowest was 4.14. And the median was 8.67.

FITB's Cyclically Adjusted Price-to-FCF is ranked worse than
66.79% of 831 companies
in the Banks industry
Industry Median: 7.47 vs FITB: 9.89

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.

Fifth Third Bancorp's adjusted free cash flow per share data for the three months ended in Dec. 2023 was $2.830. 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 $3.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fifth Third Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Fifth Third Bancorp'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.

Fifth Third Bancorp Cyclically Adjusted Price-to-FCF Chart

Fifth Third Bancorp 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 10.19 10.59 15.26 9.05 9.25

Fifth Third Bancorp 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 7.20 7.25 7.12 9.25 -

Competitive Comparison of Fifth Third Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Fifth Third Bancorp'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.


Fifth Third Bancorp's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where Fifth Third Bancorp's Cyclically Adjusted Price-to-FCF falls into.



Fifth Third Bancorp 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.

Fifth Third Bancorp's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=36.90/3.73
=9.89

* 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.

Fifth Third Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Fifth Third Bancorp's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.83/129.4194*129.4194
=2.830

Current CPI (Dec. 2023) = 129.4194.

Fifth Third Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 0.324 99.695 0.421
201406 0.684 100.560 0.880
201409 0.583 100.428 0.751
201412 0.540 99.070 0.705
201503 0.541 99.621 0.703
201506 0.513 100.684 0.659
201509 0.619 100.392 0.798
201512 1.021 99.792 1.324
201603 0.391 100.470 0.504
201606 0.282 101.688 0.359
201609 0.523 101.861 0.664
201612 1.139 101.863 1.447
201703 0.620 102.862 0.780
201706 0.021 103.349 0.026
201709 0.790 104.136 0.982
201712 0.254 104.011 0.316
201803 0.307 105.290 0.377
201806 1.402 106.317 1.707
201809 0.869 106.507 1.056
201812 1.331 105.998 1.625
201903 0.705 107.251 0.851
201906 0.273 108.070 0.327
201909 -0.594 108.329 -0.710
201912 1.765 108.420 2.107
202003 0.498 108.902 0.592
202006 2.007 108.767 2.388
202009 -0.111 109.815 -0.131
202012 -2.363 109.897 -2.783
202103 -0.589 111.754 -0.682
202106 0.557 114.631 0.629
202109 1.649 115.734 1.844
202112 1.802 117.630 1.983
202203 2.287 121.301 2.440
202206 1.254 125.017 1.298
202209 2.265 125.227 2.341
202212 2.766 125.222 2.859
202303 1.752 127.348 1.781
202306 0.503 128.729 0.506
202309 0.755 129.860 0.752
202312 2.830 129.419 2.830

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.


Fifth Third Bancorp  (NAS:FITB) 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.


Fifth Third Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Fifth Third Bancorp (Fifth Third Bancorp) Business Description

Industry
Address
38 Fountain Square Plaza, Cincinnati, OH, USA, 45263
Fifth Third Bancorp is a diversified financial-services company headquartered in Cincinnati. The company has over $200 billion in assets and operates numerous full-service banking centers and ATMs throughout Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, and North Carolina.
Executives
C. Bryan Daniels director MB FINANCIAL INC/MD, 6111 NORTH RIVER ROAD, ROSEMONT IL 60018
Laurent Desmangles director 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Kathleen A Rogers director US BANCORP, 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Evan Bayh director 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Gary R Heminger director C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Howard Hammond officer: EVP 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Kevin P Lavender officer: EVP C/O AMSURG CORPORATION, 20 BURTON HILLS BLVD., 5TH FLOOR, NASHVILLE TN 37215
Robert P Shaffer officer: EVP and CHRO 38 FOUNTAIN SQUARE PLAZA, MD 10909F, CINCINNATI OH 45263
Timothy Spence officer: EVP & CSO 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
James C. Leonard officer: SVP & Treasurer 38 FOUNTAIN SQUARE PLAZA, MD10AT76, CINCINNATI OH 45263
Mitchell Feiger director C/O MB FINANCIAL INC, 1200 NORTH ASHLAND AVE, CHICAGO IL 60622
Jude Schramm officer: EVP and CIO 38 FOUNTAIN SQUARE PLAZA, MD 10909F, CINCINNATI OH 45263
Greg D Carmichael officer: Executive Vice President
Kala Gibson officer: EVP 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263
Kristine R. Garrett officer: EVP 38 FOUNTAIN SQUARE PLAZA, CINCINNATI OH 45263

Fifth Third Bancorp (Fifth Third Bancorp) Headlines