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PCB Bancorp (FRA:9UH) Cyclically Adjusted FCF per Share : €1.98 (As of Mar. 2024)


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What is PCB Bancorp 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.

PCB Bancorp's adjusted free cash flow per share for the three months ended in Mar. 2024 was €0.387. 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 €1.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, PCB Bancorp's average Cyclically Adjusted FCF Growth Rate was 13.80% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 11.90% 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 PCB Bancorp was 11.90% per year. The lowest was 11.90% per year. And the median was 11.90% per year.

As of today (2024-05-13), PCB Bancorp's current stock price is €14.20. PCB Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was €1.98. PCB Bancorp's Cyclically Adjusted Price-to-FCF of today is 7.17.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of PCB Bancorp was 19.76. The lowest was 6.31. And the median was 10.37.


PCB Bancorp Cyclically Adjusted FCF per Share Historical Data

The historical data trend for PCB Bancorp'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.

PCB Bancorp Cyclically Adjusted FCF per Share Chart

PCB Bancorp 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 - - 1.09 1.65 1.99

PCB 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 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 1.72 1.88 2.06 1.99 1.98

Competitive Comparison of PCB Bancorp's Cyclically Adjusted FCF per Share

For the Banks - Regional subindustry, PCB 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.


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

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

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



PCB Bancorp 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, PCB Bancorp'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)
=0.387/129.4194*129.4194
=0.387

Current CPI (Mar. 2024) = 129.4194.

PCB Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
200706 0.000 87.906 0.000
200709 0.000 87.964 0.000
200712 0.000 88.616 0.000
200812 0.000 88.697 0.000
200912 0.000 91.111 0.000
201012 0.000 92.474 0.000
201112 0.000 95.213 0.000
201212 0.000 96.871 0.000
201312 0.000 98.326 0.000
201412 0.000 99.070 0.000
201512 0.000 99.792 0.000
201612 0.000 101.863 0.000
201706 0.000 103.349 0.000
201709 0.000 104.136 0.000
201712 0.000 104.011 0.000
201803 0.556 105.290 0.683
201806 -0.667 106.317 -0.812
201809 0.976 106.507 1.186
201812 0.732 105.998 0.894
201903 0.543 107.251 0.655
201906 0.377 108.070 0.451
201909 0.469 108.329 0.560
201912 0.234 108.420 0.279
202003 -0.449 108.902 -0.534
202006 0.639 108.767 0.760
202009 -1.330 109.815 -1.567
202012 1.928 109.897 2.270
202103 0.470 111.754 0.544
202106 -0.094 114.631 -0.106
202109 -0.429 115.734 -0.480
202112 -0.083 117.630 -0.091
202203 1.730 121.301 1.846
202206 0.547 125.017 0.566
202209 0.031 125.227 0.032
202212 0.873 125.222 0.902
202303 1.160 127.348 1.179
202306 1.022 128.729 1.027
202309 1.197 129.860 1.193
202312 0.616 129.419 0.616
202403 0.387 129.419 0.387

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


PCB Bancorp  (FRA:9UH) 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.

PCB Bancorp's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=14.20/1.98
=7.17

* 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 PCB Bancorp was 19.76. The lowest was 6.31. And the median was 10.37.


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.


PCB Bancorp Cyclically Adjusted FCF per Share Related Terms

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


PCB Bancorp (FRA:9UH) Business Description

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Address
3701 Wilshire Boulevard, Suite 900, Los Angeles, CA, USA, 90010
PCB Bancorp is a bank holding company, which engages in the provision of consumer and commercial banking services. The bank provides personal and business checking accounts and savings accounts services. It offers a broad range of loan, deposit, and other products and services. Also, it provides a broad range of loans along with deposit products focused on individuals, professionals, and small-to-medium sized businesses. The bank's E-banking services comprise online banking, mobile banking, and cash management.

PCB Bancorp (FRA:9UH) Headlines

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