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CB Financial Services (CB Financial Services) Cyclically Adjusted FCF per Share : $3.45 (As of Mar. 2024)


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What is CB Financial Services Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

CB Financial Services's adjusted free cash flow per share for the three months ended in Mar. 2024 was $0.445. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is $3.45 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CB Financial Services's average Cyclically Adjusted FCF Growth Rate was -1.70% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 1.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of CB Financial Services was 1.50% per year. The lowest was 1.00% per year. And the median was 1.25% per year.

As of today (2024-06-11), CB Financial Services's current stock price is $22.69. CB Financial Services's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.45. CB Financial Services's Cyclically Adjusted Price-to-FCF of today is 6.58.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CB Financial Services was 9.27. The lowest was 5.30. And the median was 6.57.


CB Financial Services Cyclically Adjusted FCF per Share Historical Data

The historical data trend for CB Financial Services's Cyclically Adjusted FCF per Share 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.

CB Financial Services Cyclically Adjusted FCF per Share Chart

CB Financial Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.30 3.23 3.28 3.40 3.38

CB Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted FCF per Share 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 3.51 3.46 3.58 3.38 3.45

Competitive Comparison of CB Financial Services's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, CB Financial Services'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.


CB Financial Services's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where CB Financial Services's Cyclically Adjusted Price-to-FCF falls into.



CB Financial Services Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and 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.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

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. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, CB Financial Services'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)
=0.445/131.7762*131.7762
=0.445

Current CPI (Mar. 2024) = 131.7762.

CB Financial Services Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.494 100.560 0.647
201409 0.413 100.428 0.542
201412 -3.342 99.070 -4.445
201503 0.707 99.621 0.935
201506 10.541 100.684 13.796
201509 0.761 100.392 0.999
201512 0.509 99.792 0.672
201603 0.660 100.470 0.866
201606 0.844 101.688 1.094
201609 0.198 101.861 0.256
201612 0.263 101.863 0.340
201703 0.530 102.862 0.679
201706 0.313 103.349 0.399
201709 0.610 104.136 0.772
201712 0.435 104.011 0.551
201803 -0.179 105.290 -0.224
201806 0.158 106.317 0.196
201809 0.444 106.507 0.549
201812 1.070 105.998 1.330
201903 0.066 107.251 0.081
201906 1.191 108.070 1.452
201909 0.896 108.329 1.090
201912 0.953 108.420 1.158
202003 0.655 108.902 0.793
202006 0.559 108.767 0.677
202009 0.450 109.815 0.540
202012 0.877 109.897 1.052
202103 0.785 111.754 0.926
202106 -0.825 114.631 -0.948
202109 0.096 115.734 0.109
202112 1.953 117.630 2.188
202203 0.571 121.301 0.620
202206 0.392 125.017 0.413
202209 0.700 125.227 0.737
202212 0.992 125.222 1.044
202303 1.374 127.348 1.422
202306 0.032 128.729 0.033
202309 1.732 129.860 1.758
202312 -0.998 129.419 -1.016
202403 0.445 131.776 0.445

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


CB Financial Services  (NAS:CBFV) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

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.

CB Financial Services's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=22.69/3.45
=6.58

* 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.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of CB Financial Services was 9.27. The lowest was 5.30. And the median was 6.57.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


CB Financial Services Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of CB Financial Services's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


CB Financial Services (CB Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
100 North Market Street, Carmichaels, PA, USA, 15320
CB Financial Services Inc operates as a bank holding company. The company conducts its operations primarily through its wholly-owned subsidiary, Community Bank, a Pennsylvania-chartered commercial bank. The Bank offers products and services related to residential and commercial real estate loans, commercial and industrial loans, and consumer loans, as well as a range of deposit products for individuals and businesses in its market area. It operates in two operating units namely Community Banking and Insurance brokerage service segment. The bank generates its revenue in the form of interests.
Executives
Mark E. Fox director 100 N. MARKET STREET, CARMICHAELS PA 15320
John J Lacarte director 100 NORTH MARKET STREET, CARMICHAELS PA 15320
Charles R. Guthrie director 100 N. MARKET STREET, CARMICHAELS PA 15320
John Haines Montgomery director, officer: President and CEO 100 NORTH MARKET STREET, CARMICHAELS PA 15320
Richard B Boyer director FEDFIRST FINANCIAL CORPORATION, DONNER AT SIXTH STREET, MONESSEN PA 15062
Roberta Robinson Olejasz director 100 NORTH MARKET STREET, CARMICHAELS PA 15320
Karl G. Baily director 100 N. MARKET STREET, CARMICHAELS PA 15320
Joseph N. Headlee director 100 N. MARKET STREET, CARMICHAELS PA 15320
David F. Pollock director 100 N. MARKET STREET, CARMICHAELS PA 15320
William G Petroplus director C/O FIRST WEST VIRGINIA BANCORP INC, P O BOX 6671, WHEELING WV 26003
Jonathan Bedway director 100 NORTH MARKET STREET, CARMICHAELS PA 15320
Ralph Burchianti officer: Senior Vice President 100 N. MARKET STREET, CARMICHAELS PA 15320
Jamie L Prah officer: EVP and CFO 100 N. MARKET STREET, CARMICHAELS PA 15320
Jennifer L George officer: EVP and COO 100 N. MARKET STREET, CARMICHAELS PA 16320
Patrick G Obrien director C/O FEDFIRST FINANCIAL CORPORATION, DONNER AT SIXTH STREET, MONESSEN PA 15062

CB Financial Services (CB Financial Services) Headlines