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Valley National Bancorp (BSP:VLYB34) Cyclically Adjusted Price-to-FCF : 5.15 (As of May. 28, 2024)


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What is Valley National Bancorp Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Valley National Bancorp's current share price is R$39.64. Valley National Bancorp's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was R$7.69. Valley National Bancorp's Cyclically Adjusted Price-to-FCF for today is 5.15.

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

BSP:VLYB34' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 3.72   Med: 5.73   Max: 11.31
Current: 4.61

During the past years, Valley National Bancorp's highest Cyclically Adjusted Price-to-FCF was 11.31. The lowest was 3.72. And the median was 5.73.

BSP:VLYB34's Cyclically Adjusted Price-to-FCF is ranked better than
71.48% of 831 companies
in the Banks industry
Industry Median: 7.36 vs BSP:VLYB34: 4.61

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.

Valley National Bancorp's adjusted free cash flow per share data for the three months ended in Mar. 2024 was R$0.970. 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 R$7.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Valley National Bancorp Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Valley National 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.

Valley National Bancorp Cyclically Adjusted Price-to-FCF Chart

Valley National 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 8.26 7.69 9.52 6.94 6.91

Valley National 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 5.85 4.80 5.21 6.91 4.99

Competitive Comparison of Valley National Bancorp's Cyclically Adjusted Price-to-FCF

For the Banks - Regional subindustry, Valley National 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.


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

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

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



Valley National 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.

Valley National Bancorp's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=39.64/7.69
=5.15

* 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.

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

For example, Valley National 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)
=0.97/131.7762*131.7762
=0.970

Current CPI (Mar. 2024) = 131.7762.

Valley National Bancorp Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.780 100.560 1.022
201409 0.746 100.428 0.979
201412 0.177 99.070 0.235
201503 0.728 99.621 0.963
201506 0.612 100.684 0.801
201509 0.778 100.392 1.021
201512 0.145 99.792 0.191
201603 0.796 100.470 1.044
201606 0.597 101.688 0.774
201609 0.621 101.861 0.803
201612 3.542 101.863 4.582
201703 0.774 102.862 0.992
201706 2.286 103.349 2.915
201709 2.135 104.136 2.702
201712 2.353 104.011 2.981
201803 0.847 105.290 1.060
201806 -0.017 106.317 -0.021
201809 5.070 106.507 6.273
201812 -2.233 105.998 -2.776
201903 1.077 107.251 1.323
201906 -0.508 108.070 -0.619
201909 0.742 108.329 0.903
201912 1.732 108.420 2.105
202003 -1.398 108.902 -1.692
202006 1.359 108.767 1.646
202009 -0.127 109.815 -0.152
202012 2.323 109.897 2.785
202103 4.332 111.754 5.108
202106 1.733 114.631 1.992
202109 1.661 115.734 1.891
202112 3.466 117.630 3.883
202203 5.828 121.301 6.331
202206 3.073 125.017 3.239
202209 4.382 125.227 4.611
202212 2.038 125.222 2.145
202303 -2.756 127.348 -2.852
202306 5.271 128.729 5.396
202309 3.628 129.860 3.682
202312 -2.680 129.419 -2.729
202403 0.970 131.776 0.970

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.


Valley National Bancorp  (BSP:VLYB34) 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.


Valley National Bancorp Cyclically Adjusted Price-to-FCF Related Terms

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


Valley National Bancorp (BSP:VLYB34) Business Description

Traded in Other Exchanges
Address
One Penn Plaza, New York, NY, USA, 10119
Valley National Bancorp is a bank holding company whose principal wholly-owned subsidiary is Valley National Bank. It provides a full range of commercial, retail, and trust and investment services largely through its offices and ATM network throughout northern and central New Jersey, New York City and Long Island, Florida, and Alabama. The segments of the group are commercial lending, consumer lending, investment management, and corporate and other adjustments, of which key interest income is derived from the commercial lending segment. In recent years, the company has focused on acquiring companies that operate outside of traditional banking and has emphasized wealth and capital management.

Valley National Bancorp (BSP:VLYB34) Headlines

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