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Oversea-Chinese Banking (Oversea-Chinese Banking) Cyclically Adjusted Price-to-FCF : (As of Apr. 27, 2024)


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What is Oversea-Chinese Banking Cyclically Adjusted Price-to-FCF?

Shiller PE for Stocks: The True Measure of Stock Valuation


Oversea-Chinese Banking Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Oversea-Chinese Banking'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.

Oversea-Chinese Banking Cyclically Adjusted Price-to-FCF Chart

Oversea-Chinese Banking Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
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Oversea-Chinese Banking Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Oversea-Chinese Banking's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Oversea-Chinese Banking'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.


Oversea-Chinese Banking's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

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



Oversea-Chinese Banking 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.

Oversea-Chinese Banking's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Oversea-Chinese Banking'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)
=0/129.4194*129.4194
=0.000

Current CPI (Dec. 2023) = 129.4194.

Oversea-Chinese Banking Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -1.324 99.695 -1.719
201406 0.508 100.560 0.654
201409 1.287 100.428 1.659
201412 1.509 99.070 1.971
201503 0.093 99.621 0.121
201506 -1.892 100.684 -2.432
201509 3.260 100.392 4.203
201512 -0.508 99.792 -0.659
201603 -0.357 100.470 -0.460
201606 -0.904 101.688 -1.151
201609 0.750 101.861 0.953
201612 -0.547 101.863 -0.695
201703 -1.657 102.862 -2.085
201706 -2.064 103.349 -2.585
201709 -0.481 104.136 -0.598
201712 1.374 104.011 1.710
201803 1.747 105.290 2.147
201806 -1.389 106.317 -1.691
201809 0.487 106.507 0.592
201812 1.404 105.998 1.714
201903 0.435 107.251 0.525
201906 0.672 108.070 0.805
201909 1.329 108.329 1.588
201912 1.982 108.420 2.366
202003 0.000 108.902 0.000
202006 0.000 108.767 0.000
202009 0.000 109.815 0.000
202012 0.000 109.897 0.000
202103 0.000 111.754 0.000
202106 0.000 114.631 0.000
202109 0.000 115.734 0.000
202112 0.000 117.630 0.000
202203 0.000 121.301 0.000
202206 0.000 125.017 0.000
202209 0.000 125.227 0.000
202212 0.000 125.222 0.000
202303 0.000 127.348 0.000
202306 0.000 128.729 0.000
202309 0.000 129.860 0.000
202312 0.000 129.419 0.000

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.


Oversea-Chinese Banking  (OTCPK:OVCHY) 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.


Oversea-Chinese Banking Cyclically Adjusted Price-to-FCF Related Terms

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Oversea-Chinese Banking (Oversea-Chinese Banking) Business Description

Traded in Other Exchanges
Address
63 Chulia Street, No. 10-00 OCBC Centre East, Singapore, SGP, 049514
Oversea-Chinese Banking, or OCBC, is the longest-established Singapore bank, founded by the merger of three local banks in 1932. The group's operations include consumer banking; wealth management and private banking (offering through its Bank of Singapore subsidiary); small to midsize enterprise and business banking; corporate and institutional banking; and insurance through majority owned Great Eastern.

Oversea-Chinese Banking (Oversea-Chinese Banking) Headlines

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