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United Bankshares (United Bankshares) Cyclically Adjusted Price-to-FCF : 9.69 (As of Jun. 07, 2024)


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What is United Bankshares Cyclically Adjusted Price-to-FCF?

As of today (2024-06-07), United Bankshares's current share price is $31.87. United Bankshares's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was $3.29. United Bankshares's Cyclically Adjusted Price-to-FCF for today is 9.69.

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

UBSI' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 8.22   Med: 13.98   Max: 20.5
Current: 9.76

During the past years, United Bankshares's highest Cyclically Adjusted Price-to-FCF was 20.50. The lowest was 8.22. And the median was 13.98.

UBSI's Cyclically Adjusted Price-to-FCF is ranked worse than
67.92% of 826 companies
in the Banks industry
Industry Median: 7.32 vs UBSI: 9.76

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.

United Bankshares's adjusted free cash flow per share data for the three months ended in Mar. 2024 was $0.885. 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 $3.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Bankshares Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for United Bankshares'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.

United Bankshares Cyclically Adjusted Price-to-FCF Chart

United Bankshares 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 15.37 13.60 13.29 12.88 11.70

United Bankshares 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 11.10 9.33 8.66 11.70 10.89

Competitive Comparison of United Bankshares's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, United Bankshares'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.


United Bankshares's Cyclically Adjusted Price-to-FCF Distribution in the Banks Industry

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

* The bar in red indicates where United Bankshares's Cyclically Adjusted Price-to-FCF falls into.



United Bankshares 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.

United Bankshares's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=31.87/3.29
=9.69

* 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.

United Bankshares's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, United Bankshares'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)
=0.885/131.7762*131.7762
=0.885

Current CPI (Mar. 2024) = 131.7762.

United Bankshares Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.285 100.560 0.373
201409 0.577 100.428 0.757
201412 0.728 99.070 0.968
201503 0.754 99.621 0.997
201506 0.254 100.684 0.332
201509 0.730 100.392 0.958
201512 0.698 99.792 0.922
201603 0.789 100.470 1.035
201606 0.081 101.688 0.105
201609 0.796 101.861 1.030
201612 0.539 101.863 0.697
201703 0.778 102.862 0.997
201706 -0.303 103.349 -0.386
201709 0.770 104.136 0.974
201712 1.193 104.011 1.511
201803 1.500 105.290 1.877
201806 -0.585 106.317 -0.725
201809 1.135 106.507 1.404
201812 0.717 105.998 0.891
201903 0.896 107.251 1.101
201906 -0.625 108.070 -0.762
201909 0.555 108.329 0.675
201912 0.559 108.420 0.679
202003 0.192 108.902 0.232
202006 0.382 108.767 0.463
202009 -0.965 109.815 -1.158
202012 1.398 109.897 1.676
202103 0.604 111.754 0.712
202106 2.074 114.631 2.384
202109 1.523 115.734 1.734
202112 0.399 117.630 0.447
202203 2.053 121.301 2.230
202206 1.511 125.017 1.593
202209 0.951 125.227 1.001
202212 0.980 125.222 1.031
202303 0.851 127.348 0.881
202306 0.457 128.729 0.468
202309 0.651 129.860 0.661
202312 1.182 129.419 1.204
202403 0.885 131.776 0.885

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.


United Bankshares  (NAS:UBSI) 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.


United Bankshares Cyclically Adjusted Price-to-FCF Related Terms

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


United Bankshares (United Bankshares) Business Description

Industry
Traded in Other Exchanges
Address
500 Virginia Street, 300 United Center, East Charleston, Charleston, WV, USA, 25301
United Bankshares Inc is a financial holding company that provides banking services. The company operates in two segments: Community banking, which accepts deposits, makes loans (for personal, credit card, commercial, and construction uses), provides brokerage services, safe deposit boxes, and related services; and Mortgage banking, which offers and acquires home mortgages through an indirectly owned subsidiary. Nearly all revenue comes from the community banking segment.
Executives
Peter A Converse director 1201 NORTH NASH ST #502, ARLINGTON VA 22209
Gary G White director 514 MARKET STREET, PARKERSBURG WV 26101
Kayes Henry M Jr officer: EVP 122 NORTH ROSEMONT, MARTINSBURG WV 25401
Rice Lacy I Iii director 514 MARKET ST, PARKERSBURG WV 26101
Diana Lewis Jackson director 514 MARKET ST, PARKERSBURG WV 26101
Michael P Fitzgerald director C/O UNITED BANKSHARES, INC., 514 MARKET ST, PARKERSBURG WV 26101
J Paul Mcnamara director 514 MARKET STREET, PARKERSBURG WV 26101
Adams Richard M Sr director, officer: Chairman of the Board & CEO 514 MARKET STREET, PARKERSBURG WV 26101
Matthew L Humphrey officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Chad J Mildren officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Michael Proctor officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Ami L Shaver officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Anna J Schultheis officer: Executive Vice President 514 MARKET ST, PARKERSBURG WV 26101
Julie R Gurtis officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101
Ross M Draber officer: Executive Vice President 514 MARKET ST., PARKERSBURG WV 26101

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